How to Launch Your White Label Cryptocurrency Exchange in 7 Days

‘LIVE IN 7 DAYS.’ Yes, you read that right. As a startup entrepreneur or an enterprise owner considering launching a brand-new cryptocurrency exchange, Clarisco offers a fast and efficient way to get it up and running in just seven days. Typically, the process can take several months, requiring time for planning, building, and testing. But now, things have changed. In this blog, we'll walk you through everything you need to know to launch your white label cryptocurrency exchange in a week.

What is a White Label Crypto Exchange?

A white label crypto exchange is a ready-made software solution that includes everything you need to run a crypto trading platform. It can be customized with your logo, colors, features, and settings so that it looks and works the way you want. Just personalize it for your business, and you can go live quickly. 

New startups, financial companies, entrepreneurs, and fintech businesses can use this solution to launch their brand-new product in the market in just 7 days. Let’s get into the process.

Day 1: Plan What You Want to Build

The first step is to take time on Day 1 to ask yourself some important questions. Decide if you want to launch a centralized one (CEX), a decentralized one (DEX), or a mix of both. Then plan about the features, target audience, and the support for FIAT and cryptocurrencies.    

Day 2: Choose the Best White Label Platform

On Day 2, your job is to find a white label crypto exchange software development company that offers both speed and quality. It should be productive, secure, easy to customize, and scalable for the future.

o Custom UI/UX design: The interface should match your brand.

o Multi-chain support: You should be able to list many different tokens.

o Liquidity features: Deep liquidity means better trades and more activity.

o Support for various types of trading: Spot, margin, and futures trading.

o KYC and AML compliance tools: To meet legal requirements.

o Admin dashboard: To manage users and monitor trading activity.

o Fiat payment integration: For easy deposits and withdrawals.

o Wallet management: Secure hot and cold wallet options.

o Multi-language and currency support: So users from different countries can use it.

Day 3: Customize the Platform

Once you've selected the platform, the next step is to make it your own. On Day 3, you'll work with the provider's team to add your branding and make custom changes. It includes your company logo, your brand's colors, fonts, the layout of the user interface, the trading pairs you want to list, your preferred languages, trading fees, user levels, withdrawal limits, and other rules.

Day 4: Security and Legal Compliance

Day 4 is all about putting strong security and legal protections in place. You should have code that’s been checked by third-party auditors with secure wallet systems,  smart contract checks,  DDoS and hacking protection, 2FA, KYC, and AML checks.

Clarisco offers a white label platform with verified and certified code. It meets international standards and gives your exchange strong protection from the start.

Day 5: Test Everything

Day 5 is for testing the full system from top to bottom. Check if the trading engine and how fast trades are completed with wallet transactions, the registration and login process, the KYC verification flow, admin dashboard functions, mobile, desktop versions, language settings, and currency conversions.

Day 6: Deploy the Exchange Online

Day 6 is the day your platform is deployed on secure cloud servers. The provider will set up your exchange using reliable hosting systems like AWS or Azure.

You will get strong server performance with fast speeds, global reach so users from any country can access, data backups, disaster recovery options, and scalability to handle more users in the future.

At this stage, your exchange is ready. All the technical work has been completed, and the platform is fully functional.

Day 7: Go Live and Start Promoting

The big day has arrived. Day 7 is your launch day. Now it’s time to announce your exchange to the world.

Market the platform by posting it on social media platforms, working with crypto influencers and bloggers, sending emails to people interested in crypto, publishing press releases, joining online crypto communities, offering welcome bonuses, and referral rewards.

You can also organize launch events or webinars to explain your platform’s features. Since your platform is fully working, users can sign up and start trading right away.

Final Words

Henry David Thoreau once said, 'Success usually comes to those who are too busy to be looking for it.' Are you a busy entrepreneur planning to become a successful person in this industry should note that the crypto market is moving fast.

A coin that's popular today might be forgotten tomorrow. So, by launching your exchange in just 7 days, you can be the first to get into the market, start making money, keep up with trends, and get noticed by investors or partners.

Every day, new exchanges, coins, and projects are being launched. If you want to join the race, move fast by partnering with Clarisco Solutions to launch your white label cryptocurrency exchange platform in just 7 days.