Centralized Exchange Scrcipt
Are you looking to start an exchange business ? Is your mind filled-up with queries like , From where and how to start ? Should move with Centralized exchange ( CEX ) or decentralized exchange ( DEX ) ? Which will make better ROI ? and lot more . Stop your confusions and queries and start your business as centralized exchange.
Being in a globe that runs towards decentralization and blockchain , we still supports for centralized exchanges. Our answers makes you more confused.. Right ? . Well . Let us share some interesting facts about centralized exchanges which can clear your mind about our answer .
You may crossed News on Cointelegraph on Jan 2019 under a headline , " Centralized Exchanges Still Overwhelmingly Dominate Market, New Report Shows " , which shows centralized exchanges still play a best role in this economy .
Centralized Exchanges are platforms that allows the transaction of currencies between a buyer and seller with the presence of middle man ( admin ) or third party . This supports for exchange of fiat currency to cryptocurrency and all kind of cryptocurrency exchanges . DEX eliminates the concept of middle man authority reducing the transaction cost .
There may be new concepts and innovations which may lead the performance of centralized exchanges , still there is a market for this centralized exchanges . There may occur a situation in future ,which will make many decentralized exchanges look for centralized exchanges to run their money .
Reasons for choosing Centralized Exchanges :
The key reasons why we still supports for centralized exchanges over decentralized one are as follows :
1 . Trade Volume :
Researches shows that still 99 % of crypto trade happens on centralized platforms . This shows that the trade volume of CEX over DEX is higher and starting a centralized exchange will never make for low ROI.
2 . Liquidity :
As centralized prevails in market for a longer time than decentralized one , the liquidity of centralized exchanges are more than DEX . Thus , starting a centralized exchange at this time will make high traffic.
3 . Fiat Currency Support :
Some centralized exchanges supports for the exchange of fiat currency which DEX will not do .This may increase the traders volume , who has fiat currency and willingness to buy/trade cryptocurrency .
4 . Functionalities :
CEX has more functionalities than DEX such as margin trading , currency pair trading , lending and lot more which DEX doesnot provide . This may increase users towards your exchanges.
5 . Legal and Regulation :
CEX can be made legal and regulated by the government and most of the existing CEX are regulated . Governments are unable to interfere for regulatory and legality of DEX because of its distributed nature .
Bitdeal - A Pre-eminent Centralized Exchange Script Provider :
Bitdeal can provide you with unique centralized exchange scripts with many functionalities that can be customized as per your convenience . Our developers are expertize in various technologies and tools and they can develop and deploy the best scripts to make your centralized exchange to rank first in the market .
Comments
Post a Comment