It is a platform where people can trade cryptocurrencies according to the present value. The market, demand, and supply are all the factors that determine the value of cryptocurrencies. Investors and traders can buy and sell a crypto coin based on the fluctuating prices and using prediction and probability.
Crypto Exchange Script Working Model
Login To start trading in bitcoin clone exchange, the user should register and login to their accounts using mail id or contact number with a strong password.
KYC Verification To experience secured and seamless trading, ensure to provide KYC details and wait until it gets verified by the admin.
Posting Ads Place a buy or sell order by posting ads with essential details like trading limits, payment method, the number of assets, and other details.
Escrow Trading When buyer and seller agree, only then the trade gets started using the escrow mechanism and the payment window will mention/indicate the remnant time to make the payments.
Transaction to the Buyer Now, when the seller confirms the payment, the bitcoins are released from the escrow wallet to the buyer wallet. Also, the buyer can escalate dispute resolution if the received assets are mismatched in quantity.
Offline Trading There is an option like a chat system that allows buyers and sellers to communicate and converse to trade locally with the preferred trade and location details.
At Appdupe, we develop a secure and reliable cryptocurrency exchange software like a Bitcoin Market Script for android and iOS. This mobile app development service comes under the premium pack of local bitcoins clone development. Creating such a trading app would be a great booster for acquiring more traders all over the world.