Have you ever wondered why the well-known cryptocurrency exchange platform, FTX has great demand among users worldwide? This world-famous cryptocurrency exchange platform has increased its revenue from $89 million to $1020 million by the year 2021. It has around 1 million users on the desktop and mobile platforms. This massive growth is mainly because FTX provides innovative products including volatility items, industry-first derivatives, leveraged tokens, etc. To make you understand better here I have listed down some remarkable benefits of FTX crypto exchange. So, take a quick look below
- Guarantees liquidity
- FTX is easy to use and has no deposit fees
- It is a user-friendly platform with good API
If you are an ambitious entrepreneur looking to create a robust and user-friendly FTX cryptocurrency exchange platform, then you need to get insight into ready-made and white-label FTX clone scripts and FTX crypto exchange platform development from scratch.
Without any delay, let's delve into the topic
FTX Clone Script
FTX clone script is a pre-built crypto derivatives exchange script that will include all the necessary features and functionalities for building a full-fledged crypto exchange platform like FTX. With the White label FTX clone script you can customize the solution to add or remove the features and functionalities depending upon your FTX platform requirements. Apart from these two approaches, you can also build your FTX like crypto exchange platform from scratch. When you decide to make use of the FTX clone script to develop and launch your FTX crypto exchange platform, you need to consider some key aspects and let us see those now.
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Key Aspects of FTX Clone
With this option, traders can take long and short bets on the cryptocurrencies using 100 quarterly and everlasting futures pairs with margins of up to 101*stablecoins such as USDT and USD that are used in partnership to maintain positions.
Spot trading pairs provide exposure to leading cryptocurrencies such as Ethereum, Bitcoin, Binance coin, chainlink, and Ripple's XRP.
FTX platform provides tokens that are ERC20 based mostly that supply the traders up to 3X leveraged exposure against the underlying commercialism combined. FTX's leveraged tokens have no margin demand.
Traders will use a range of calls and place choices to bet potential value direction and hedge on accessible positions. The options of decision and place offer the holder rights but don't offer the surety to buy and sell at a prospective value.
These contracts permit traders to bet how far the price of a cryptocurrency can move a fundamental measure, regardless of the direction. As long as the value of the underlying cryptocurrency moves over a particular dollar quantity either up or down, the contract generates a profit.
To create a Crypto Derivatives Exchange like FTX, multiple options include
Developing the exchange from scratch
This option to develop the platform from scratch wants countless time and resources. You may want a large team of developers to form such a platform. Additionally, It needs lots of direction and management to attain the specified results. The event cycle might have multiple legs and will take over a year to complete the project.
Developing the exchange using an FTX Clone Script
This option is a far better approach if you are looking for a quick fast developed and deployed final product with your desired features and attributes.
Features of FTX Clone Script
FTX clone script has included with advanced security functions such as IP whitelisting, withdrawal address, ability to utilize different passwords for login and withdrawal, etc to completely protect the platform from malicious attacks
Some of the other notable features to be considered in the FTX clone script are
- Advanced UI/UX
- Admin Console
- User Console
- Order book system
- IEO launchpad
- Spot trading
- Crypto derivatives
- Crypto wallet integration
- Margin trading
- KYC/AML validation
- OTC trading
- Fiat payment gateways
- Multiple crypto trading pairs
- Live crypto trading chart
- Referral program and more
Security Features Of FTX Clone Software
- HTTPs authentication
- Jail login
- Data encryption
- Two-factor authentication
- SQL injection prevention
- Anti Denial of Service(DoS)
- Cross-Site Request Forgery(CSRF) protection
- Server-Side Request Forgery(SSRF) protection
- Anti Distributed Denial of Service and more
Where Can You Get FTX Clone Development?
I hope now you would have got enough insight into the FTX clone script and some key concepts to be taken into consideration to launch your own lucrative FTX-like crypto exchange platform with unrivaled performance. Now you will come up with a question, 'Where can I get ready-made and perfectly built FTX clone scripts to build a profitable crypto exchange platform like FTX?' Coinjoker is a renowned crypto exchange development company with immense expertise in delivering best-in-class FTX clone scripts over the years. So, approach Coinjoker and succeed in launching your own feature-packed FTX-like crypto exchange platform within your budget and in a short span of time.
Why Choose Coinjoker For FTX Clone Development?
Coinjoker offers specialized services for the Launch of Cryptocurrency Derivatives exchanges like FTX with the assistance of our development teams. If you would like to make a replacement exchange from scratch or need to own a steadfast development cycle with the FTX clone script, we have all the solutions which will be specific to your business desires.
- Reliable output providing service
- 24/7 technical support
- On-time delivery
- Customer focused approach
- Quality assurance team
- Technology competence
- Zero compromises over quality
- Immense domain expertise
- Zero bugs enriched projects
Hope, you will have a clear idea about certain key concepts to be considered while picking a suitable FTX clone script for developing your FTX-like crypto exchange platform. Apart from considering these vital factors, you need to be cautious while choosing the FTX crypto platform development services
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