Create a Cryptocurrency Exchange Like Paxful Using Paxful Clone Script

Article about Create a Cryptocurrency Exchange Like Paxful Using Paxful Clone Script

Published by

Sep 4, 2021

Paxful does not need any introduction any more, its milestone success and popularity is echoing around the Crypto world. Paxful became the inspiration for many exchanges for overtaking its strong rival competitor LocalBitcoins in trade volume very recently.

It showcases the world that innovative strategies and consistent hard work will reward nothing but victory!

Any budding entrepreneur can start a Peer to Peer bitcoin exchange like Paxful with Paxful Clone Script.

Keep this in mind, when we clone the brand, we are not just cloning its features and functionalities, we are also trying to recreate its accomplishments.

What is Paxful Clone Script?

Paxful clone scriptis the ready-made website script with a 100% source code by which one can easily build a bitcoin exchange just like Paxful. This script has been encrypted with high standard security features and designed based upon the cybersecurity protocols.

To engage mobile-based users, one can also create a mobile app with all the features of paxful exchange with our profound  Paxful Clone App Development Services.

How To Start a P2P Exchange Like Paxful and Make it Successful?

To launch a p2p exchange like Paxful, You should understand and be clear about the paxful business model, key features, development process, monetization options, and brand creation.  Keep your eyes down to read,...

Paxful Business model
Paxful is the online marketplace to buy/sell bitcoins instantly. Paxful is the peer to peer exchange, where trading occurs end to end under Escrow protection. Users of this Exchange are allowed to display ads with information such as the number of bitcoins, mode of payment, date of selling, etc. This exchange also supports offline trading where traders can meet in person and execute trading.

To improvise the traders experience and to guarantee the secured ecosystem reviews and rating section are added for each user, where traders can independently write their trading experience with the particular trader, this idea is very helpful to spot out the spammers in the exchange.

The most incredible thing about Paxful is its versatile payment options. This Exchange offers 300+ payment options under six major categories such as

  • Bank Transfer

  • Online Wallet

  • Itune gift card

  • Amazon gift card

  • Cash in Person

  • Cryptocurrencies

Key features
As we are building the bitcoin Exchange strictly, no compromise for Security measures, to make your exchange more robust, the following features are added.

Cryptocurrency Wallet

A cryptocurrency wallet is the only place to store cryptocurrencies. Once signed up in the exchange, it automatically generates the crypto wallet for users.

Smart Contract Powered Escrow Protection

Security is indispensable for any kind of business, Smart contract powered Escrow protection is used to provide high tech security to traders. A multi-signature wallet obviously reduces the risks in the transactions.

Two-factor Authentication

Two-factor authentication with mail as well as a mobile number during signup for account protection.

Embedded Cyber Security protocols

The script is fully tested and designed completely with the norms of cybersecurity protocols so that your exchange remains unhackable.

Instant buy/sell feature

Every trader wants to bull/sell bitcoins instantly for that purpose, a Superfast trade matching engine is needed to be integrated.

Live Chat

This feature is built for traders convenience so that they understand the trading process in a better way.

Payment options

This exchange offers more than 300+ payment options. Thus, Paxful Exchange supports only bitcoin but other altcoins are used as payment methods.

If you want to create a Cryptocurrency Exchange like Paxful using Paxful Clone Script. Bitdeal is a Leading Cryptocurrency Exchange Development Company providing all kinds of Cryptocurrency Exchange Development Services and Solutions.  Source From : Bitdeal - Cryptocurrency Exchange Development Company

Articles authored by  alex jaxon

Published: Sep 8, 2021