Just when blockchain technology is becoming the buzz, Non-fungible tokens (NFTs) have swooped into the cryptocurrency market, and it has added fuel to the flames. When there is exclusivity, there is worth, and the same goes for the NFTs. The reason behind people ready to pay millions of dollars is because of the same reason. The scope of NFTs is not just limited to artwork anymore, as they have extended to fashion accessories, games, memes, music, photos, videos, tweets and many more.
The critical role played by smart contracts has not been given its due importance as they are going to lead the upcoming years in maintaining the functioning of various blockchain networks. Among the ownership and uniqueness, liquidity is one of the prominent features of crypto collectibles, which is attracting millions of institutional and retail investors.
By providing a digital certificate that contains ownership rights for every virtual asset, NFTs are bestowing the investors and business owners to make millions of dollars easily from this game-changing opportunity.
A new tomorrow to leverage the perks of cost-savings and decentralization with the desired outcome is on the cards if ambitious entrepreneurs choose NFT exchange development. So, join hands with us now if your desire is to take part in this surge by contacting AppDupe, a reputed NFT exchange development company in the industry.
An NFT Exchange platform is where prospective investors can buy and sell the non-fungible tokens (NFTs) from various verticals like visual arts, gaming, music, sports etc. The online platform contains exclusive collections and offerings where the investors can explore a variety of investment opportunities, and the creators can leverage the most lucrative revenue stream by minting and selling their creations through NFTs.
A user signs up for the NFT trading platform by registering his/her profile.
He has to connect his crypto wallet to the platform to proceed with the transaction (P2P).
After setting up a collection, the seller will add the description, profile images and fix a secondary fee.
From his collection, he will select a work (of any format like JPEG image, Mp3/Mp4 for audios, videos) and customize the properties and statistics of the NFT.
The seller can sell their NFTs at a fixed price listing/declining-price listing, or he can initiate an auction by setting up the lowest price.
From the list of NFTs displayed in the online platform based on market trends, particulars of NFTs and categories, the buyer could choose one matching crypto collectible suiting their business objectives and investment goals.
He could buy an NFT at a fixed price, as given by the seller, or can participate in the auction.
If the buyer and seller agree with the price, they can close the trading deal, and the ownership rights of crypto collectibles gets transferred to the buyer.
Since Non-Fungible tokens (NFTs) are the digital representation of unique assets, it allows DeFi platforms to accept them as collateral. They cannot be allowed to be exchanged or divided because of their one-of-a-kind nature, leading to an innovative solution by offering instant liquidity for Non-Fungible tokens. This rare trait attracts a huge number of investors to purchase crypto-collectibles since adequate liquidity is the prominent feature of any Non-Fungible token (NFT).
DeFi finds this as a factor in gaining traction back to the platform and thus introduces a cross-chain compatibility where the immediate liquidity of NFTs are high. Aiding this big revolution, the White-label NFT Exchange Platform elevates the DeFi services by accepting crypto collectibles as collateral for immediate liquidity and NFT development.
Over-the-counter tradingThe over-the-counter trading bestowed on a dealer by brokers who directly negotiate with the users. We help them in maintaining their anonymity and prevent unwanted price movements.
Margin tradingIt allows investors to earn more from profitable trading strategies by taking strategic short and long market positions on their crypto assets.
Futures-Option tradeProvide your users to get long or sell short their cryptocurrencies at defined prices using futures-option trading features. Experience the power of smart contracts by scheduling peer-to-peer transactions (P2P) much earlier to automate the trade.
Fiat to cryptocurrency tradeWe bestow you with high liquidity and Fiat-to-crypto trading facilities for you to attract more local traders. Delays in transactions are a forgotten word, as it helps in instant settlement of funds leading to many new buy and sell orders.
Spot tradingJust like the name suggests, you could now facilitate your users to open and close orders in the market instantly with this game-changing feature into the trade engine. Security and feasibility in managing even large trade orders are now possible.
IndivisibleNFTs cannot be divided like how other fungible tokens can be divided into smaller denominations. They exist only as a whole item.
IndestructibleSince all the NFT data is stored on the sturdy blockchain network via automated smart contracts, they cannot be destroyed, duplicated or removed. The ownership of these tokens is immutable, allowing only the collector to be the owner and not some companies or intermediaries.
VerifiableOne more benefit of using NFTs is that they store historical data of ownership on the blockchain network, letting the artwork be traced back easily to the original owner.
Non-interoperable Non-Fungible Tokens are non-interchangeable and non-interoperable, meaning NFT from one game cannot be used in other games.
ERC-721 The ERC-721 standard facilitates the representation of digital ownership of non-fungible tokens, where each token is unique and has a different value.
ERC-1155ERC-1155 is a token standard that has the ability to mint both fungible and non-fungible tokens. Due to this characteristic, it is also known as Multi Token Standard. ERC-1155 ensures a high level of efficiency in gas consumption on the blockchain network.
ERC-998This token standard are composable, meaning which, it allows users to own multiple Non-fungible tokens (NFTs) in a single purchase.
TRC-721TRC-721 is a token standard released by the TRON blockchain network, which is inherited from ERC-721 standards of the Ethereum blockchain network, which provides the benefits of scalability, security, and transparency.
Overflowing TPS Our NFT exchange platform offers exemplary trading experience with advanced Transactions Per Second (TPS).
Powerful trade engineInbuilt order types like a market order, limit order, and stop order is configured in the trading engine. It matches the buying and selling orders efficiently within just a few seconds.
Multi-currency walletThe multi-cryptocurrency wallet enables stringent security for storage, with smooth transactions for a wide range of cryptocurrencies.
Multi-layer securityAdvanced security solutions such as two-factor authentication and SSL implementation ensure encrypted user access, login security and fund withdrawal limits.
Liquidity optionThe API connection of the platform with external cryptocurrency exchanges helps achieve liquidity for the user in cases where he would be unable to get the right seller.
Crypto and fiat supportA spectrum of currencies are supported in our platform, starting from fiat and cryptocurrencies. The customized script’s scalable nature allows the integration of any currency into the White-label NFT exchange.
KYC and AMLGeography-based Know Your Customer (KYC) and Anti-Money Laundering (AML) verification is conducted while a user withdraws huge cryptocurrencies from the NFT exchange’s wallet. This ensures top-notch security and authentication at their best!
Multi-language supportHere is a feature to ensure that you attract the global audience without any language barriers and to make them flourish in the market. There are no risks as all issues are solved promptly.
Bot TradingThe advanced bot grabs the new market opportunities and trades assets anytime, even when the users are not available for trading.
Advanced chart toolsA comprehensive trading experience is assured with the advanced charting functionality, through which the users can view orders, positions and formulate their lucrative trading strategy.
Here are the features that contribute to the institutional-grade security of our white-label NFT trading platform.
The encryption of data protects the credentials of the user. Secure HTTP authentication tokens are leveraged for user verification.Multiple login attempts will be prevented on the platform for a fixed time to avoid unauthorized access.
Security measures such as these help to prevent state-changing requests and other unwanted user actions and defends the NFT exchange platform from extreme traffic that originates from multiple sources.
With HTTP requests protecting all the personal information, your platform is free from hacking attacks. It also protects internal systems from phishing attacks that arise from open web applications.
All the exchanges are concluded with a trusted, smart contract. The tokens will be stored in a secured blockchain built wallet for secure storage of cryptocurrencies.
When you partner with AppDupe, you choose the leading blockchain development company in the market, which has successfully elevated hundreds of enterprises forward with profit-driving solutions. From offering pre-launch strategy planning to dedicated post-launch support, our high-quality services have been the catalyst to many top crypto businesses in the industry.
Technical mastery We exclusively work in advanced blockchain networks and empower businesses towards the future. Our knowledge of blockchain technology has led us to become a renowned blockchain development company.
Expert teamWhen we say that our team is skilled, it covers every member who holds expertise in the industry. These blockchain developers and digital marketing specialists ensure that the perfect product reaches your hand by suggesting the tactical tech approach and in setting up online communities and promotional campaigns.
Rapid development We deliver products that you could twist and turn to suit the needs of your target audience. A coherent roadmap will be laid beforehand to ensure that there is a smooth and accelerated flow of the development process.
Complete technical supportWe know the technical nuances, and our dedicated team will always be there to support you even after the platform launch in order to provide post-delivery services so that your NFT exchange platform will not stay away from achieving resounding success in the crypto market.
Create your crypto collectible trading platform with multi-layer security measures to buy and sell NFTs in a jiffy in a highly decentralized and transparent environment. We are a batch of talented blockchain and cryptocurrency developers who have mastered developing industry-leading NFT exchange software and mobile trading applications according to the client’s business requirements. We are an NFT Exchange platform development company that provides a wide spectrum of support from NFT Exchange platform development to the execution of peer to peer transactions. Connect with our NFT Exchange platform development company to develop a reliable, comprehensive and scalable white-label NFT exchange platform.
We are available to discuss your project 24x7x365. Once we have an alignment about the details of the project, you are invited to see your requirements designed in front of your eyes at our development centre. Interact with our project manager, developers and designers regarding your platform. We will help you through the visa process and other travel hurdles.
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