Steps to Create a Decentralized Exchange with a 1inch Clone Script

submitted 14 hours ago by hannacharles to cryptocurrency

1. Research and Understand the 1inch Protocol

Research will set the groundwork for the user experience you want to provide and the functionalities which you have to include in your clone script.

1. Find a Partner Company for Development

It is not psychological for any talented programmer to do 1inch Clone Script making but indeed optimum efficiency is to hire a 1inch Clone Script Development company specialized in blockchain and DEX development. A development partner can be very helpful in customizing the 1inch Clone software according to your needs and ensuring that everything is kept safe and functional.

1. Personalizing Your 1inch Clone Script

Modifying the clone script is one of the major processes involved in business activity. Within your business context, you may:

• Change the UI/UX according to your business identity.
• Add/Remove functionalities based on what you are looking to offer
• Add cross-chain swaps support by integrating more blockchain networks for swaps.
• Make coin listings relevant to the tokens that your preferred audience would be interested in trading.

Customization basically implies that your DEX will not be like any other DEX in the world.

1. You Have to Test the Script

You need to test your clone script very well before releasing it in its decentralized exchange. Test all features like token swap, liquidity aggregation, transactions fees, etc.

1. Add Wallets and Payment Gateways

In order to smoothen trading experience for users, Cryptocurrency wallets have to be integrated into your platform as well.

1. Going Live with the Site

All functionalities are now put in place, and it is now time to put the platform live. Market it towards the active users and liquidity providers on-board. Incentives such as lower fees or rewards for early adopters should be considered.

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