Now-a-day’s most of the people are going digital. This obviously has opened new doors of opportunities for start-ups. You too have one in million ideas to start an exceptional crypto exchange.
And finally after months of brainstorming you have decided to get set go with your own crypto-exchange. You have got the trade license and most importantly done with the local registration formalities also.
But mind it idea alone is not adequate to win the battle. To set the wheels in motion you need to associate with a right crypto exchange development company. Remember, better a digital consultant to develop exchange, better will be the chances of crypto exchange to hit the mark.
Besides this, hiring services of an exchange developer is a costly affair. Hence, it leads to draining of huge chunk of investment capital.
But, what about the start-ups? Are they that fortunate and financially sound to bear the set back if partnered with wrong developer?
In fact, when it comes to hiring crypto exchange development company despite of having sufficient funds scenario of big corporate is also not that good. Then what is the solution? How can business houses overcome this problem in a more economical and efficient way?
Here we are sharing important tips and questions worth consideration to find best consultant of crypto exchange platform in India.
You can also get in touch with Webcom Systems top digital consultants to bring ideas of cryptoexchange in reality.
Before moving further let’s have a quick glance at few important tips
Significant areas that need to be looked after
First and foremost to launch a digital platform all you need is to pay painstaking attention towards exchange architecture. Here are four such areas
- Frontend: Always remember you will never get a 2nd chance to make a great first impression. Frontend is the face and that your prospective investors are going to see first. Therefore, it should be utterly configured and clear user friendly interface. Mind it! The user number is always going to be directly proportional to an interface quality and convenience. Therefore, from frontend to admin panel pay due attention to each aspect.
- Speed: Crypto market is pretty dynamic. That’s why users often prefer platforms that offer speedy services and transactions. Therefore, always go for UI that not only works smoothly but also operates at a lightening pace while delivering services.
- Security: Investors are going to trust and trade on your platform using their hard earned capital. Therefore, security of their capital from hackers is of utmost importance. Even a slightest of crack could potentially harm your reputation and ultimately the users. Therefore, adopt cutting-edge security measures to ensure air tight security of investor’s capital and information. Ensure wallets provided on your platform should be accessible and secure.
- Marketing: A UI, service or concept no matter how good they may be is total waste unless it is not marketed in a right manner. All a platform needs is to tell more and more prospective users in order to engage them and convince them. Marketing with right approach acts a a magnet to attract investors as well as helps to understand market. Therefore, keep a separate budget to run marketing campaigns.
Top questions worth consideration to find a best crypto exchange platform in India
Ask about experience a crypto consultants acquire
A seasoned crypto exchange developer always has edge as they have thorough comprehensions as well as hands-on development experience. Their expertise and technical know-how backed with trained backup staff equips them to handle abstruse technical issues quite easily.
Ask developers about their in-house ability to deal with project of similar nature
Crypto exchange developers having an in-house development team have ability to offer tailor-made services as per specific goals and challenges. The chances of any sort of communication gap among developers and investors are negligible as direct communication occurs. Therefore, it is always great to inquire about in-house ability of a service provider.
Inquire about their expertise in designing mobile friendly UI
The trend of browsing is slowly shifting in favor of mobile devices as they are handy to use. And it is not going to slow down in near future. Therefore, to hit bull’s eye investors should consider both computer as well as mobile friendly UI. Hence, inquiring about the competency of a service provider to craft mobile friendly website is sensible.
Ask digital developers about their competency to handle technical problems
By judging the past performance of projects one can easily analyze the competency of a developer to handle technical problems. Developers following too lengthy or too complex procedures to handle investor’s issues clearly show inability. Therefore, thoroughly explore about previous technical troubleshooting practices and approach adopted by developers.
Question about their odd hour service availability
It happens commonly that problems often occur during odd hours. Fixing them immediately is of utmost importance to keep the server uptime as well as maintain investors trust. Therefore, question developers about their facilities to handle odd hour issues.
Thoroughly explore about security measures adopted to make data safe
Your idea is your power and perhaps your USP too. To give shape to a idea obviously one needs to share information and concept with developers. Therefore, don’t even think twice to explore about security measures adopted by a service provider to make clients data safe.
Ask about disaster plan
Accidents never arrive with bell on its neck. Sometimes they just happen because of inevitable reasons. Any such unfortunate situation can lead to great loss of a client’s important data. Therefore, ask developer that what measures a company has adopted to recover lost data in case of such accidents.
If you will focus on few points, your rate of success will certainly drop down. That’s simply because every second investor does such mistakes.
Daily many new exchanges emerge and many go unnoticed despite of all efforts. Crypto arena is competitive.
So, quite obviously you have to do more if you dream to beat the competition. To get an edge you need to focus on all aspects and partner with a right crypto exchange platform.
Connect with Webcom Systems the fastest growing crypto currency development company of the region.