Uploaded on May 12, 2023
The coinbase clone script is a ready-made solution for budding entrepreneurs. This is the most trendy solution among cryptopreneurs, the reason is already pre-developed and pre-tested.
Coinbase clone script vs Developing a crypto exchange from scratch - Which one is better_
Coinbase clone script vs Developing a
crypto exchange from scratch
Coinbase is an OTC-based cryptocurrency exchange
platform and now it's legal in 100+ Countries. You can
launch your cryptocurrency exchange business in two
ways.
● Develop the whole software from scratch.
● Buying the prefabricated clone scripts.
Developing the whole software from the scratch
In this way, you will develop everything from scratch. You
build software according to your business-specific needs. It
may be unique, but it's a time taking process. It will take 6
months to one year based on business requirements.
Buying the prefabricated coinbase clone script
The coinbase clone script is a ready-made solution for
budding entrepreneurs. This is the most trendy solution
among cryptopreneurs, the reason is already pre-
developed and pre-tested. It will reduce the work burden
which means the software will be ready to use within a
short span.
Let's compare both methods with major factors for better
understanding.
Cost of The cost of developing a The cost of the coinbase
crypto exchange like clone Script is $5K.
development coinbase from scratch is
around $35K - $45K
Man Power The scratch method needs 5-6 members are more than
huge manpower including enough for clone script
designing, developing, deployment.
testing, and much more.
Testing Process At each phase, the software No need for a separate
should be tested because of testing phase because clone
the high possible way to software is pre-tested.
arising bugs while developing.
Deadline With the first method, you will With minimal customization,
develop everything from the clone software will be
scratch, so it will take 6 ready to use within a week.
months - 12 months
Features & Security In the first method, each But clone scripts loaded with
feature should be developed all primary and security
Amenities from scratch. A single feature features.
will take more time.
I hope you got some idea about both methods. There is no
doubt the second method is the finest way to initiate your
crypto exchange like coinbase. So initiate your crypto
exchange business with a reliable
cryptocurrency exchange software development company
and become a millionaire in the upcoming days.
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