Currently, there are many platforms existent in the crypto verse, and there is not a single solution that is in the least demand. Every category of application has gathered massive requirements. When a discussion is ongoing about the crypto stuff, then Binance would be the first name that might strike your mind.
This application has gained much fame among users worldwide. Although many other platforms are present in the crypto market, but this organization has managed to be the largest, as it also offers an NFT marketplace, allows ICO listing, and almost all various types of transactions can be performed by its users.
Due to such a rise of demand in the crypto space, the exchange solution of an organization is concurrently surrounded by intense needs and is used by numerous users across the globe. Thus, because of such user rush to utilize Binance, in 2021, the organization gained growth of 263% in revenue, as compared to previous year, which resulted in a total revenue amount of $20 billion, according to a report of 2022.
So, most entrepreneurs are willing to generate such income and are motivated to create their Binance similar application. If you are a part of them, then a list of companies building Binance like platform and attributes you can consider implementing in your solution are mentioned in this post.
Consider The Top Binance Like App Development Firms
If you are motivated to get your application like Binance for your venture to earn a rise like an organization. Here are some of the development companies listed in the following:
Elluminati Inc is a leading firm that you, as an entrepreneur, can consider for creating a Binance like solution for your business. The company also delivers platforms for numerous small and medium-scale ventures in the market belonging to various industries at affordable rates. They have a development team of 100+ excellent and dedicated professionals working on different technologies, so you can get an application like Binance from this organization suitable to your enterprise.
Bitdeal is a reputed player who has offered superior blockchain applications to its customers for 10 years in the industry. A firm has completed 500 projects for 500 clients with the help of 120 coders who can understand the need of your venture thoroughly and can deliver the solution accordingly, as attention is given to its clients' satisfaction. You, as a startup owner, can receive a Binance like platform ready for your enterprise from them to survive the market.
Osiz Technologies is a perfect choice for you as an entrepreneur finding a company to build a solution like Binance for your business. The firm has worked with 2000+ clients and has offered 300+ applications for numerous industries of the market with the help of 200+ experts in various technologies. So, it's assured that you will get the finest platform similar to Binance for your venture from them.
If you are searching for a firm capable of delivering you a top-notch Binance like application, then WeAlwin is a perfect place for you. A company that possesses 5+ years of experience in the industry and 100+ skilled programmers committed to providing you with a desirable solution for your enterprise in a minimal time. Hence, you can receive a Binance similar platform from this technology partner for your business.
Omninos Solutions offers its customers the best app development services for their enterprises to stay afloat in the market. The company also delivers solutions for numerous industries in the market and has accomplished 500+ projects for its clients worldwide. So, you can get a superior app similar to Binance ready for your venture from this firm.
By approaching the companies mentioned above, you can receive an application similar to Binance developed for your enterprise. Now, a platform comprised of unique specifications can be built by contacting these technology partners. All of them are discussed in the next section.
Some Must-Consider Features For Entrepreneurs While Building Binance Clone Script
Here are some attributes that contribute to making your application extraordinary and preferable among users. So, which are those that should be considered while creating Binance like application are stated below:
Cold Crypto Wallet
It would work as a security feature for your application. Basically, it is a wallet that stores already-purchased digital currencies of users, but they can't perform any transactions as the attribute is only accessible offline for them. Hence, it protects the cryptocurrencies of users from malicious internet hackers, as they cannot access tokens when the particular user is offline.
By providing this feature, you can allow users to list their coins in an application for gathering crowdfunding for their organizations. Moreover, people nowadays consider launching their own coin in exchange solution with many specifications, so allowing them to list their individual currencies will help your platform get loaded with a variety of coins and attracts many end users of your platform to buy them.
Thus, if you allow users to launch their own cryptocurrency, then you will earn considerable revenue from them and the ones who are willing to purchase it.
NFTs are non-fungible tokens that the users are looking for in every exchange platform. It is an art in any form(portrait, videos, etc.) that is uploaded in trading solutions and gets converted into digital assets. Crypto exchange users buy NFTs uploaded in an application, and the owners of a particular NFT can sell those again to other users. The transactions occur in fiat money or digital currency. So by implementing this attribute, you, as a startup owner, can make ample money by charging a fixed ratio of amount from your stakeholders.
People nowadays prefer to invest their money in cryptocurrencies through exchange platforms, and Binance, amongst all of them, currently holds the most extensive requirements of users in the entire crypto space. According to statistics of 2022, about 28.6 million users were reported on Binance in 2021, which was 7.1 million more than last year. Hence, if you possess the Binance clone, then it is assured that you will gather a significant user base on your app, as it's loaded with similar attributes, and users utilize such solutions.
So, by receiving a Binance clone for your venture ready through the companies mentioned earlier, you can attract a massive audience on your exchange platform. People would prefer visiting your application consisting of similar features and some unique ones than Binance, as stated in this post. Therefore, it would be a better move to start a crypto business, as there is a tremendous need for these exchange solutions among users to deal with cryptocurrencies and invest their capital on.