Binance Clone – Crypto Exchange Platform
Cryptocurrencies are gaining rapid popularity among the wide population across the globe. It has provided the perfect opportunity for crypto traders to constantly trade crypto assets to gain huge profits. The rapid trading pattern among the crypto traders community gets effectively leveraged by budding business ventures.
Why Choose Binance Clone?
Binance is the world’s NO.1 centralized cryptocurrency exchange. The platform is one of the most trusted and reputable centralized exchange platforms in the market. Since centralized crypto exchanges like Binance clone offer cryptocurrency traders immense comfort and security to carry out crypto transactions. The majority of crypto traders across the globe prefer a centralized cryptocurrency exchange like Binance Clone.
Features Incorporated In Binance Clone
Wide Range Of Currency Options – The Binance Clone offers its users a wide range of more than 600 stablecoin options to its users.
KYC And AML – In order to establish a safe and secure trading experience, the Binance clone exchange platform offers KYC and AML processes, helping the platform eliminate the possibility of any fraudulent activities taking place.
Escrow Mechanism – It is a centralized crypto exchange platform, the platform comes with an inbuilt escrow mechanism to facilitate the transactions which take place on the platform. Binance Clone’s smart contracts hold the tokens or cryptocurrencies from both ends.
Order Book Mechanism – This feature lists the open buy and sell order of a particular crypto asset in the exchange platform according to the price. The matching buy order and sell orders are matched with an effective matching engine.
Trading Features Of Binance Clone
It is one of the essential features of the Binance clone crypto exchange platform. The feature enables platform traders to set customized token values. Using this option, they can set prices for crypto tokens or cryptocurrencies that they want to buy or sell.
Binance Clone is one of the robust crypto exchange platforms offering centralized and P2P trading under one platform. Crypto exchange allows users to trade with their counterparts without involving any intermediaries.
The P2P trading in the exchange platform involves no fees for trading. And it enables the trading parties to choose the mode of payment and price, which both counterparties agree upon.
OTC trading enables traders who want to exchange a large sum of tokens or cryptocurrencies. And it creates huge demand in the market. And this ultimately leads the trader to buy the token for increased value. OTC trading helps traders in eliminating this issue.
The margin trading section in the clone application allows traders to borrow the required or additional cryptocurrencies from their margin trading account to carry out transactions and earn profits from the margin trading section. Later, the trader gets the chance to repay the funds in the repayment section from the margin trading section.
The feature enables the exchange platform to attract first-time traders to opt for the Binance clone exchange platform.
A reliable crypto exchange development company offers complete support by providing a feature-packed Binance clone script that helps you quickly achieve your business goal of becoming the next crypto bigshot.