A crypto exchange is a platform for trading cryptocurrency for the exchange of cryptocurrencies, even for fiat currencies. Notably, some crypto trading supports both crypto-to-crypto transactions and crypto-to-fiat transactions, whereas a few will support only crypto-to-crypto exchanges. One good example is Remitano, which is a peer-to-peer crypto marketplace where users will be able to exchange cryptocurrencies for crypto and/or fiat currencies.
Remitano Clone Script is a crypto exchange solution similar to the existing crypto exchange platform – Remitano, in accordance with features and functionality. This will give way for entrepreneurs to have the benefit of instant launch. Here’s the blog to educate you about Remitano Clone Script, a brief explanation alongside its features to define the functionality.
What Else To Know About Remitano Clone Script?
Have you ever heard about a Remitano? It is a P2P Bitcoin marketplace enabling crypto traders to exchange Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and other altcoins. This platform holds one of the topmost positions in the crypto world. Its prominence is quite appealing. Hence, coming up with a platform with a similar business structure/model will definitely lead the way to success and make it easy for entrepreneurs to reap hefty benefits.
Remitano Clone Script is a pre-made and customizable solution that will aid entrepreneurs in plunging into the crypto world with cryptocurrency exchanges within a short duration of time. It is incorporated with core features that will make certain the functionality of the crypto exchange like Remitano. The customizations will present you with an opportunity to modify the solution as per the varying requirements, which will involve including/deleting features for betterment.
Features Of The Crypto Exchange Like Remitano
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The Remitano Clone with a crypto wallet integration makes certain that it stores different cryptocurrencies, which are then transferred to the counterparty.
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This platform ensures security while exchanging cryptocurrencies as it is equipped with security features like CSRF protection, two-factor authentication, DDOS attack prevention, and an Escrow system.
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The users of the platform are able to buy & sell cryptocurrencies in a peer-to-peer approach, without the intervention of humans, i.e., middlemen and third parties. Simply say, traders, are opting for P2P trading, ensuring decentralization.
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To avoid language barriers for traders, the multilingual feature will aid them. With this, they will be able to access the Remitano like crypto exchange in the language of their choice.
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Users will be given the option to check over and particularize specific deets such as trade history, balances in their wallets, live prices, transactions, and account activities.
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A trading bot in the crypto exchange automates the exchanging process. In this, whenever the market price of the cryptocurrency matches the programmed price of the cryptocurrency, the trade occurs automatically. It comes with the perk of not having to check over the market price frequently, thereby saving time.
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Apart from these mentioned basic features that will give the outline business structure of the Remitano Clone software, there are some outstanding features you have to know. Here are a few of them.
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CSRF Protection
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Jail Login
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Biometric Authentication
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DDoS Migration
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Proximity Match
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Multi-Sig Wallet
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Atomic Swapping
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OTC Trading, etc.
Have A Thought About Launching A Remitano Like Crypto Exchange?
Workflow Of The P2P Bitcoin Exchange Like Remitano
Knowing the crucial features, let’s now dig just a little about the working flow of the P2P Bitcoin exchange like Remitano. Check out the following steps for insights.
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Those individuals who want to use the P2P Bitcoin exchange like Remitano must fill out the required details while signing up with the necessary personal details.
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Once completed with the registration, they have to proceed with the KYC verification. This is in order to validate their identities.
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After then, they can log in with the platform using their credentials and begin with trading. The platform will give the opportunity to buyers as well as sellers to post their requirements as ads.
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The actual trading will start when the buyers’ and sellers’ expectations meet with each other. Soon after the deal starts, the role of the escrow system is considered. That is, the crypto of the sellers will be stored in the escrow wallet.
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Once the buyers make payment transactions and are confirmed by the sellers, the cryptocurrency will be transferred to the buyers’ wallets.
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Thereby, at the end of each transaction, the proprietor/admin of the Remitano Clone can incur service charges as commission fees.
Ways In Which You Could Make Revenue From A Crypto Exchange Like Remitano
Our Remitano Clone Script is designed in such a way that the common monetization models are incorporated into it for a higher income. Besides this, any revenue streams to be equipped as you wish. The following are the approaches to carry out in order to make revenue from a crypto exchange like Remitano.
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Commission fees are the most common module for crypto exchange platforms. With this, users when trading their cryptocurrencies are subjected to pay a certain percentage of service fees, which are fixed by the proprietor.
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The token owner will be incurred with a publication fee when users introduce their tokens on the platform. Thereby, they could continue with crypto trading.
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Advertising and promotions bring a reasonable revenue when the platform gets better visibility and reach amongst the wider group of target audiences. Some of the promotional activities, including banner creations and ads injection, will lead the way to have a better revenue.
What Are The Benefits Of The Remitano Clone?
The crypto world brings a vast opportunity for newbies to explore the present opportunities and thereby harness benefits with a deployment of a crypto exchange like Remitano. It only benefits entrepreneurs but also benefits the traders in a considerable way. Some prominent benefits of the Remitano Clone are listed below. Check this list.
For Proprietor/admin
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With the Remitano Clone, the proprietor has the ultimate control over everything like user profiles, transaction details, and so on.
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Moreover, he/she is the one who has to verify the users’ accounts when users submit their KYC details. This is to make certain that the platform is secure enough for trading without any spam activities.
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Apart from the basic functionality of exchanging cryptocurrencies, the platform owner can decide on giving users various choices of trading options like peer-to-peer trading, binary trading, and so on.
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More importantly, the decision-making of equipping revenue streams is in the hands of the business owner.
For Traders/Users
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Remitano Clone being a peer-to-peer trading platform, it is quite easy for users to trade cryptocurrencies between one another, ensuring there are no intermediaries involved.
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Users are given the option to participate in the affiliate program and make the most out of it while making a global reach.
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Traders will be able to easily list their tokens with the specification of certain details and have the advantage of Initial Exchange Offering (IEO) for raising capital.
Choose INORU – The Leading Crypto Exchange Development Company
Might you be interested to launch a crypto exchange like Remitano? Start with affiliating with a crypto exchange development company. Pondering which to choose? INORU is right here to provide a Remitano Clone Script, which will entitle you to the instant launch of a crypto exchange at an affordable price. Our team of expert & proficient developers will customize the solution as you wish in accordance with the features & functionality.