cryptocurrency exchange software price

How Much Does It Cost To Build A Cryptocurrency Exchange Software

Cryptocurrency and cryptocurrency exchanges are the trendsetter in today’s digital world. The demand and competition in the crypto exchange world are rapidly increasing with every passing day. Have you ever thought how much does it cost to build a cryptocurrency exchange software?

Though there was price fluctuation for the cryptocurrencies in the industry. It was sustained in the market due to the safe blockchain technology. Cryptocurrencies became so popular and reached its peak that all the investors started exchanging the currencies over a platform. In this way, the cryptocurrency exchange platform gradually developed to run this business and the crypto exchange development cost also had a remarkable space.

Entrepreneurs started investing in the cryptocurrency exchange platform to grow their business with this booming technology and in the hope of growing the business to large scale business. You need to plan the budget to build the Cryptocurrency Exchange Software Cryptocurrency Exchange Software to stay profitable and earn a high return on investment. In this article, you will be able to look into the factors that decide cryptocurrency exchange software price.

Before you know how much does it cost to set up a cryptocurrency exchange, we will see how to build a cryptocurrency exchange

There are types of cryptocurrency exchanges in the industry

  • Direct trade platforms – Deals happen directly
  • Brokerage platforms – An agent is involved in the exchange
  • Fund Platforms – A type of investment pool

  • Read guide on how to start cryptocurrency trading platform

    Various Types Of Cryptocurrency Exchanges In the Industry

  • A database of all the transactions performed by the investors
  • A display of digital currency value – Displays the currently updated value
  • Quality analysis of the transactions held
  • Methodology process- From design to development and deployment of the platform
  • User-friendly interface with the customized features and integrations

  • The factors that determine Cryptocurrency Exchange Development Cost

    1. Time and resources decide the budget restraints

    This is the first factor to be considered before implementing the cryptocurrency exchange. The cryptocurrency software is not very easy to develop. It involves a lot of complexity and thus not easy for a single resource to debug the errors. It will definitely take a long time to complete the task.

    As it involves more time, you need to plan the resources to form a team and complete the task to determine cryptocurrency exchange development cost.

    The wages for the resources depends upon the complexity of the entire project. The resources may not be satisfied to work for low wages and you need to plan the budget for the resources as compared to other industry standards

    2. Aggregator requirement

    The programming requirements of the project are collected together is known as an aggregator. The aggregator requirements are a very important factor to be considered.

    As it is a highly complex system, it requires constant monitoring to debug with the programming codes and the aggregator is required in such cases.

    The aggregator requires more information about the system so that it is easy to update the factors required for the cryptocurrency exchange development.

    Since it involves more information, the cost to build crypto exchange is a little high as per the requirements of the cryptocurrency exchange platform.

    Get the list of top cryptocurrency trading websites

    3. User Interface

    A user interface always decides the success of the platform. Investors always look into an easy and user-friendly interface to exchange the cryptocurrency.

    An easy and user-friendly user interface should involve certain features and your budget depends upon implementing those features into your cryptocurrency platform.

    You can invest in the proper external agency to focus on the design part of the cryptocurrency exchange platform when the developers are mainly focussing on the development part of the system

    The following features can add value to your user interface with good user experience

  • Easy registration procedure
  • The simple way to exchange the currencies
  • Easy access to the accounts
  • View of past transactions and booking history
  • Easy monitoring
  • Infographics and charts
  • Explore all the options of dashboard

  • 4. Trading kernel

    Trading kernel or trading engine is a very important base to develop the cryptocurrency exchange platform. The main functions of the cryptocurrency exchange platform depend on the trading kernel

    The main roles of the trading engine or kernel are as follows:

  • Develop the order book where the investors can view the orders i.e the interest of buyers and sellers.
  • Executing the transactions
  • Helps in calculating the balance of the transactions.

  • 5. Wallet

    The wallet is a very important thing to be considered to build the cryptocurrency exchange platform. It is used to transfer the digital currency.

    The digital currency of the crypto exchange platform can be stored in the system wallet and there are many types of a wallet like hot wallet, cold wallet, mobile & desktop wallets, etc and there leading cryptocurrency wallet development services as well.

  • Sending and receiving digital currency
  • The users will be allowed to send and receive digital currency through many modes like ATM, email, QR code, etc. It is always safe to add any authentication steps to verify the transaction

  • To create the transactions
  • Users should be allowed to buy the crypto coins and then sell it to other parties. This should be facilitated in the crypto wallet.

    6. Managing users

    It is very important to know whether the crypto exchange platform can handle a certain number of users. This load on the platform needs to be tested.

    Important factors to be considered while managing the user session of the platform:

    Log in /Log out session

    Next step is user login and log out. It should be designed in such a way that only a few information should be required from the users at the initial stage of to log in and log out from the platform.

    Creating users

    Many platforms allow the users to create the account by themselves and in some other platforms, it is managed by the admin.

    User verification

    KYC (Know your customer) can be implemented in this module to verify the documents uploaded by the users. Other verification types are personal details, Photo identity, phone number, etc.

    7. Admin Management

    Admin management module of the cryptocurrency platform exchange is a very responsible part of the platform. Admin should be able to monitor the trading fees, should be able to access user details like email, name to contact the users.

    They should also be able to do the following part of the cryptocurrency exchange

  • Support the users
  • Able to access the fund accounts with proper privileges
  • Add new crypto coins
  • Should be able to handle the cryptocurrency listing.
  • Update the trading fees.
  • Get the complete guide on Cryptocurrency Liquidity

    8. API implementation

    API ( Application programming interface) is a group of function which will allow the application to access the features of the operating system or other external services. So it im[prove the functional operations you can implement API.

    Factors to be considered while implementing API:

  • Private API – This is used within the application
  • Public API – Public API is service provided by the third party
  • Websockets – communication protocol to receive the response from server as an event-based response
  • Fix Protocols – To allow developers to integrate the trading platform

  • 9. Analytics

    To analyze the activities, analytics is an important feature to be considered to build the cryptocurrency exchange platform. It consists of options to add charts and logs. This will be helpful to increase user visibility of the platform

    10. Database

    The database is a vital part of any application to handle all the data related to the application or platform.

    SQL and REDIS are the two types generally used in the database

  • Redis – It is an open source database
  • SQL – It is a reliable database.
  • Both can be considered in to maintain a database of the platform

    How much cost to build a cryptocurrency exchange?

    The cryptocurrency exchange software price varies based on several factors. But the base amount needed will be starting around $21,000 with all fundamental features mentioned above and functionalities integrated


    Finally, in this article, you will be able to find the factors which determine the cost to build a cryptocurrency exchange platform. The exact cryptocurrency exchange software price can be calculated only after deciding the scope of the project by analyzing each important factor discussed in this article.

    Leave a Reply

    6 Comment threads
    0 Thread replies
    Most reacted comment
    Hottest comment thread
    4 Comment authors
    Edward CullenkirtishraviIbhaan Recent comment authors
    newest oldest most voted

    Thanks for sharing this wonderful information, it’s a great post.


    Thanks for sharing this information, I appreciate this post, it was very useful and informative.


    Thanks for sharing this wonderful information, it was very useful post and appreciate your efforts behind the article.


    Hi… These blogs offer a lot of information about Crypto Development. Your blog is incredible. I am delighted with it. Thank you for sharing this wonderful post.


    I just landed on your blog and I really appreciate your blog. Your blog is very informative and easy to understand. You are sharing good information for cryptocurrency Software Development.

    Edward Cullen
    Edward Cullen

    Nice & Useful Article