White label crypto exchange platforms are software consisting of all in-built features for direct usage in the market. With core backend processes and database functionality present, it can be customized according to business requirements. Licenced white label crypto exchange platforms can be obtained from any country. A few nations which issue licenses are Singapore, Estonia, Japan, USA, UK, Australia, and Hong Kong.
There are two types of licences:
Specialized crypto-licences - They are generally issued by authorized bodies to regulate operations. It can be availed from countries like Japan and Estonia for the exchange of cryptocurrencies.
Traditional licences - It is needed for executing financial transactions and basic cryptocurrency operations. The USA and Hong Kong provide such licences.
Some of the important steps in obtaining a licence are registration of the company, opening accounts, appointing an Anti-money laundering officer and a Compliance Officer, and preparation of software. Keep in mind the security of the platform and the trading volume.
A licence can be obtained from any professional cryptocurrency exchange development. Reach out to Blockchain App Factory for getting it in a very short timeframe. Its team of experienced developers will make it a smooth and hassle-free experience.