Trading is not a new concept or in its infancy to be briefed! It has been adopted by many startups, entrepreneurs, fintech companies, businesses, etc on knowing its future growth and perks. Trading can be done globally as it supports borderless transactions and users can transact huge amounts with low transaction fees rapidly in no time.
Hybrid Cryptocurrency Exchange
Hybrid Exchange is the future of trading and crypto exchange platform as it combines the existing cryptocurrencies such as Centralized Exchange (CEX) and Decentralized Exchange(DEX). Developing a hybrid crypto exchange platform provides enhanced security and high liquidity to all crypto traders globally. Launching your own hybrid exchange platform will benefit you in many ways as an investor and your platform users with a high ROI. The Hybrid exchange is noteworthy as the software is comprised of,
Security token exchange - With enhanced security features it offers a secured exchange in the platform as is flawless, reliable, steadfast, and safe for the users.
Digital asset exchange - The digital asset exchange allows users to exchange various digital assets like Bitcoin, Altcoin, Ethereum, Litecoin, etc with its advanced tech stacks.
Hybrid Exchange Script
Hybrid Cryptocurrency Exchange Script is a market-ready crypto exchange script that inherits all the features and functionalities of centralized as well as decentralized exchanges. The Hybrid Exchange Script is useful for traders who are seeking to use both CEX and DEX under a single platform. With its interoperability with both exchanges, it attracts many users to the platform.
Bitdeal helps in developing your hybrid exchange script in two ways. Investors can directly choose our White label Hybrid Exchange Script as it can be customized based on their requirements. On the other hand, you can develop the hybrid exchange platform from scratch.
Key Difference Between Centralized and Decentralized Exchange
Centralized and Decentralized Exchange has their own pros and cons but they are unique in their own way. They differ in certain aspects. Hybrid exchanges come up by combining all the elements and features present in both CEX and DEX. Listed below are some of their differences but hybrid exchange leverages them positively into its platform.
Demands AML & KYC information
Users can stay anonymous
High Transaction Fee
Low Transaction Fee
Complex to understand and not user-friendly
Variety of trading options
Limited trading options
Vulnerable to cybersecurity threats and hacks
Secured due to self-executing smart contract integration
Authority & Governance
Third-party holds the central authority
No central authority to govern
High Trading Volume
Low trading volume
Can trade with fiat currencies
Cannot trade with fiat currencies.
Feature-Drenched Hybrid Exchange
Hybrid exchange is in hype as it inherits all the features and functional elements of both CEX and DEX. Hybrid Exchange is drenched with many features and attracts users to use the trading platform. Some of the features are listed below,
Low trading fee
Encrypted security protocols
Live order book
Avant trading charts
Resistant to hack
Ultra-fast matching engine
Atomic Swap Exchange
Fluctuating without generating high revenue in your business? Confused about how to start your trading journey? Reach Bitdeal.
Bitdeal is a prominent Cryptocurrency Exchange Development Company that develops and provides services related to cryptocurrencies. We develop and deploy your Hybrid Exchange script more uniquely by incorporating advanced tech stacks and tools in it. Develop your own hybrid exchange platform and elevate your business with our assistance. Launch our own Crypto Exchange Platform with our flawless cryptocurrency exchange script by simply reaching us.