For the past few years, cryptos are booming in the crypto market. This entices many users to invest in it. Luckily the startups got an idea with these crypto maniacs! Who has a craze of crypto updates and demands and buys it at the correct time to meet the huge profit.
This is the perfect time for startups and young entrepreneurs to start an exchange business like an OTC exchange.
According to the survey, most users prefer to use the OTC platform. So be successful by creating an otc exchange for your business! One of the popular OTC cryptocurrency exchanges in the market is coinbase. Let's see the plus of creating exchanges like coinbase.
Starting an OTC exchange like coinbase will attract users to your business among traders. This could make your cryptocurrency exchange business turn a massive revenue in a short period.
At this point, you might be now, confused with the development process of the OTC platform! let me explain.
When coming to the development process, The OTC exchange has various development methods. But most startups continuously prefer only two primary development methods mostly.
The one is from scratch, which is the starting level process to create an exchange. It also needs a team of expert developers to sketch the framework of the exchange as well as the functionalities like features, designs, and visuals. This process takes a minimum of one year to complete. Its cost is also too high to afford, which ranges from $80,000 to $100,000.
The other is using a script, which is the pre-designed software of the existing coinbase exchange. It holds all the features of the coinbase. It can also be customized like the way you need to portray your business. It is user-friendly software with 100% bug-free. An exchange like Coinbase using clone script can be developed within 7 days. The cost of a coinbase clone script is low, compared with the alternative development method. Its cost ranges from $8,000 - $14,000.
As a startup choosing the crypto exchange-like coinbase method to start a cryptocurrency exchange business is a perfect choice. Thinking too much is not going to evolve the process, So find a coinbase clone script provider to execute your business in a profitable way.
There are various clone script service providers in the market. But only a few can empathize with your thoughts and develop a coinbase exchange by analyzing the current market trends. The best service providers are not always the standard one as well as the unpopular service providers are also not the less quality ones. In the list, coinsclone is one of the well-grown firms in the crypto market, due to its standard quality and trustability!
For more information visit here>> coinbase revenue model
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