Building a Clone App like LocalBitcoins - Cost & Features to Integrate

Posted On February 17, 2020 at 04:15 PM
Updated February 20, 2020 at 10:11 AM
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Currently, Bitcoin and other cryptocurrencies have become a great hit among people. Many business ethusiasts are driving crazy on cryptocurrency exchange business and wants to start their own exchange platform like popular exchange/ trading platform like Binance, LocalBitcoins, coinbase, poloniex, paxful, remitano etc,.

LocalBitcoin is one of the most famous Cryptocurrency Exchange platform that creates hyip among the cryptopreneurs to build and launch their own exchange like LocalBitcoins. There are many companies providing cryptocurrency exchange clone App for LocalBitcoins. The better way is that you have to choose and buy a ready-made solution, customize the design according to your requirements.

Getting a readymade solution is a lot easier than developing an application from scratch. So be smart to choose the better and easy way !! If you’re planning to get a well-built app with top-notch features at an affordable budget, the best option is to get clone applications. It helps you to save time and money. They are similar to the original application with a wide scope for customization. 

Coinjoker - As the leading Cryptocurrency Exchange Clone Development Company delivers word-class clone apps for Binance, LocalBitcoins, Coinbase, Paxful and Poloniex etc within a week. We offer reliable LocalBitcoins Clone App for those who wants to start a cryptocurrency business with the same business model like localbitcoins, can purchase this clone app to get started right away.  Our LocalBitcoins Clone App has all the necessary interface and features  built into it for running a successful localbitcoins like business.

Now, Let’s imagine you wish to create an app like LocalBitcoins, the first thing you have to concentrate is on the type of platform that you wish to launch – whether it is Android or iOS or both? In addition to that, you have to think about the core features and addons you want to include in your application. Finally, you have to decide the time and cost you wish to spend on it to make it as a  productive application.

Click here to know more >> Where to get Localbitcoins Exchange Clone for Web Development?

Why Launching a Local Bitcoin Clone App can be profitable than other Cryptocurrency Exchange Platform?

Some of the aspects that helped LocalBitcoins to reach the limelight are as follows, 

  • Robust user interface
  • Automated Trading
  • Peer to Peer trading platform
  • The fastest way to trade bitcoins
  • Escrow protection- For safer trading between buyer and seller
  • Automatic exchange and install payment transactions

How Much Does It Cost To Build An App Like LocalBitcoins?

This is the question that runs in the mind of entrepreneurs who wish to create localbitcoins clone app and many are afraid of the cost. It is not possible to predict the exact cost for developing an app. The minimum cost for developing the script may starts from $3500 and it varies according to your requirements on customization to execute proper trading. Apart from the inbuilt security features, the customization of additional features will be added to the purchase cost. The cost may vary according to the features and personalized trading functions that you want to integrate into your app. 

The crucial stages in app development includes, 

  • Ideation
  • Conception
  • Design
  • Development
  • Testing
  • App launch

Apart from the above traditional method of developing  the app from scratch there is a another method - White label solution. Our whitelabel solutions can only takes upto 7 days to sucessfully launch your app with easy complexity in cost effective budget.

Learn more >> How much does it cost to build a Localbitcoin Clone!!

Features You Should Look For in LocalBitcoin Clone,

If you wish to get a localbitcoin app clone, make sure to include the following features in it, 

  • Margin Trading
  • Liquidity API
  • 2-factor Authentication-The user can be enabled mobile-based authentication to secure their accounts. It adds the protection layer to secure the wallet.
  • Multi-currency support - Supports multiple cryptocurrencies to be escrowed and transacted without any hassles in the market.
  • Multi Language System-You can get different types of traders from a different  countries through this multilanguage support.
  • Escrow Wallet Integration-Cryptocurrency wallet integration for  escrow and performing easy transactions between buyer and seller.
  • KYC Verification and AML - Our localbitcoins clone app compliant to Anti Money Laundering and Know Your Customer regulations for the user's identification,Where a user have to verify their phone number, photo and email.
  • Proximity Match - You can Match your trade request with people within a certain radius or with anyone who wants to trade regardless of the distance.
  • Feedback and review Mechanism - Transperancy is a key factor that makes the platform safe to use. Users can provide feedback once after the transaction gets completed.
  • Sleek UI - The pages gets loading faster due to the data optimized layout. This makes the overall experience of the users smooth.
  • Private messaging - Users can communicate each other before placing a buy/sell request. This allows them to make sure whether they want to go ahead or not.
  • Native Apps- Comes with apps for both android and iOS respectively 
  • Trading Bot
  • Matching Engine

Don't get hesitate to talk to our experts !! Contact us >> To get a demo of the Localbitcoins clone app and begin your business venture in no time.

 

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