What is LocalBitcoins Clone Script?
LocalBitcoins Clone Script is referred to as a ready-to-use P2P crypto exchange clone script that has stunning features and amazing user interfaces adequate enough to lure your potential crypto trading community into choosing it as your role model. Most LocalBitcoins Clones on the market are enriched with numerous APIs that help users trade without any possible difficulty, additionally, it is crafted with a powerful trading engine that provides the possibility of buying or selling cryptocurrencies in a glance of an eye. The question is, “what is this exchange platform that has attracted so many people to having an exchange just like it?” in this article we are going to talk about the exchange and its features, so stay tuned.
First of all, you need to know that Bitcoin is the cryptocurrency that changed the way we viewed money and the swelling number of cryptocurrencies has resulted in the launch of myriad cryptocurrency exchanges Binance, Kraken, Coinbase, etc. Any crypto exchange, whether it is centralized or decentralized, allows you to buy, sell, and trade a diverse set of cryptocurrencies with multiple payment options. LocalBitcoins is one such cryptocurrency that is well-reputed for its ability to support numerous cryptocurrencies and services on a global scale. LocalBitcoins supports over-the-counter(OTC) trading through which users can buy, sell and trade cryptocurrencies directly between themselves without third-party interference which is one of the reasons that has made the exchange so famous. In order to build a c cryptocurrency exchange just like LocalBitcoins with no difficulty, you as a client will need a fully-featured, reliable LocalBitcoins clone script that can be easily customized as per your desire.
In order to have the access to the clone script, you need to hire a company to do the task for you. There are huge and famous companies that offer the service, such as Radindev, Bitdeal, Clarisco and etc., but what you need to know is the fact that these companies might not offer some features that you have in your mind, thus, the process of choosing the best company as per you needs is considered a challenge. Once you have decided on your company or team, the process of developing starts. I have done it myself before and thus, I am going to explain the details of the process.
- Layout the Plan: I had some ideas on my mind for my desired Localbitcoin like clone script and after a specific amount of time I chose the company which supported the services I expected. I got in touch with the team of developers and after some sessions, my intended requirements were noted and they started the process of developing my exchange platform.
- UI Development: I stayed in touch with the team, and the first thing they did was to design the UI which they believed will be the first impression that's going to drive users to my platform. Thus, I waited and after they received the confirmation from me, they continued the process.
- Development of Features: Then they started to develop the features that I wanted on my platform and they made sure that all the requirements of the sessions were followed in the result.
- Cryptocurrency Integration: When the features were completed, they started installing cryptocurrencies, stablecoins, and tokens required by me on the exchange.
- Test your platform: When the final result was ready, they tested it, in order to assure there is no bugs in the platform. If any bugs were detected, they would have solved it, but fortunately, there were none.
- Launch your exchange: Once all the above-mentioned processes ended the developed exchange platform was installed on my desired server and it was deployed on the market for the users to access it.
Features of Localbitcoins Clone Script
Ads Based Trading: Ad-based trading is in fact a feature for a different mode of trade that allows the buy and sells ads to match the corresponding buyers with that of sellers.
Escrow Services: Escrow is in fact an extra security protocol that acts as the central body mediating the transactions at both ends.
Real-Time Data Stats: The LocalBitcoins-like clone script is crafted with real-time data stats, which provides the possibility for the Crypto aspirants to keep track of the current Crypto market and to have a most definite Crypto portfolio that accounts for Financial stability.
Multi-payment modes: Having different payment methods is one of the important facilities that one clone script can have. The LocalBitcoins Clone supports multiple payment modes and accepts funds from a number of sources.
Multi-currency Access: The LocalBitcoins Clone is equipped with multiple-currency access which makes the process of taking part in the Crypto trade far easier.
User pulling UI: User Interface is referred to as the scalability which improves attribute that counts for improving the number of participants making their way through the platform.
Security features of our LocalBitcoins Clone Script
You need to keep in mind that these features are optional and might not be supported by the companies that you might choose. Thus, gaining a session in order to discuss the requirements is essential.
Two-Factor Authentication: Most Localbitcoins come with Two-Factor Authentication (2FA) which adds an additional layer of security to your desired LocalBitcoins crypto exchange by requiring an OTP to log in to your crypto exchange account, and as a result, your platform will be safer.
KYC/AML Verification: This feature is counted as a vital or crucial feature for any cryptocurrency exchange whether centralized or decentralized. In fact, KYC/AML verification helps in identifying the users and restricting fraudulent activities.
Anti-DDoS Protection: How does it work? A Denial of Service (DoS) attack makes the application nonexistent or degrades the quality of the application. The Anti-DDoS Protection feature protects the LocalBitcoins Clone from such an attack and makes sure that the application is available 24/7.
Here is a list of other security features that you might consider vital in your own crypto exchange platform and can be supported by the company that you choose.
Jail Login
Biometric Authentication
Dispute Management System
HTTPS Authentication
CSRF Protection
Escrow-Enable System
Dispute Management System
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