The P2P Crypto exchange cut out the middleman and provide a trustless environment for the users. An escrow service never holds exchanges, and the transactions between participants are done entirely based on the smart contracts and atomic swaps.
????Advantages of Peer-to-Peer Crypto Exchange????
⏭ Enhanced security
The main advantage brought by the peer-to-peer exchange platform is to provide enhanced security. P2P exchanges are difficult to hack. As the name implies, it does not allow any third party in the transaction. therefore they are immutable in nature and facilitate an encrypted transaction that ensures the entire platform security
The exchange platforms provide a KYC feature so every user should synchronize their details with the blockchain database. This feature eliminates the need to worry about the counterparty’s authenticity.
⏭ Allow universal transaction.
Generally, exchanging fiat money takes several days or weeks for an international transaction. With the use of a P2P exchange platform, users can encounter a fast and cost-effective transaction across the board.
⏭ Efficient resolution to transaction disputes
When a dispute emerges between the buyer and seller, the exchange platform requires the participants to lock some amount in a smart contract escrow before the trade. If the trade is successful, then the escrow releases the amount from the smart contract escrow.
???? Ethereum is just an implementation of blockchain that can run smart contracts. The Ethereum virtual machine (EVM) can run on arbitrary computation directly on the blockchain network.
???? Ethereum platform is powerful and flexible enough to incorporate into every business. Moreover, Ethereum moves faster than the other platforms including Bitcoin.
???? The Ethereum platform allows the application developer to specify exactly what transactions can be performed on a contract. In the Ethereum platform, the smart contracts are penned using solidity language.
???? To communicate with the front-end application, Ethereum uses JSON-RPC. Ethereum uses Web3 API, which is built using the JSON-RPC.
Step to be followed in developing in Ethereum DApps.
☑️ Install truffle framework
☑️ Generate the boilerplate code
☑️ Start the development environment
☑️ Compile the contracts
☑️ Deploy the contract on the Ethereum network
☑️ Run the Dapp to connect with Ethereum network
☑️ Modify the DApp code and store it in a local state.
☑️ Run Dapp with the set of a storage value of a smart contract which in turn is stored on the Ethereum blockchain
We have listed down all the usage and steps of ETHereum Dapps Development, but the Dapps are not yet mobile native. Most of the DApp is still available on the web, but few of them are available on mobile, so the great news is soon, we can see making big steps in this direction.
The white-label software is highly scalable and the readymade product that others can customize as per their own business and aesthetic requirements.
In white-label software, users have the liberty to change color, theme, logo, and optimize the white label product as per your company wish. It is simply an upgraded version of the exchange platform. This is the main reason for the popularity of white label solutions.
One should keep in mind that the crypto market is volatile when you start developing an exchange platform; you might experience rising and fall in crypto trading. Now let us discuss the benefits of white label crypto exchange.
Benefits of white label crypto exchange
The software comes with basic features that cannot be changed, but the user can make few changes and rebrand its exchange.
One can easily change the logo without any hassle, so it has become easier for anyone to get into the crypto business and introduce their own brand.
Cost and time saving
As it is a readymade product, the white-label solutions are much time saving and as well as cost-saving too. They are error-free because it has been already tested in a production environment.
One does not need to go through different phases of development or need not have to build software from scratch. It saves a lot of time and does not need many weeks or months for development.
Avoid technical expertise
The main reason that makes this white label cryptocurrency exchange platform is more popular is that it does not require any technical expert support for managing them.
Fast development This software is readymade products so they can be quickly developed and are hassle-free. This saves a lot of time from developing, and one can start the exchange without wasting a single minute.
Reliability These platforms are very much easier to handle when compared to other versions, and they are very reliable.
This software comes with an inbuilt solution which helps in quick fixing of issues.
Features of white label crypto exchange software
✔️ IEO Launchpad
✔️ Crypto wallet integration
✔️ Payment gateway integration
✔️ Mobile application trading
✔️ Software models and features
Apart from these features, there are a lot more features available that can be customized based on the unique business requirements from the client’s end.
In recent years, commercial enterprises and real estate professionals have been encountering the transformative impact of blockchain technology that optimizes property sales and increased investment opportunities. This article explains the transformation that happened in the real estate business with blockchain technology.