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$8 TRILLION! This is what Crypto Market Cap is going to hit in 2025 as per the Analyst Price Predictions. Right now, according to Coinmarketcap, the market is on $2.24 trillion dollar capitalization. So how can we decide the market will reach this height within a year? What are the reasons behind it?
ETFs approval, Bitcoin’s expected ATH, NFTs comeback, Web 3.0 revolution, the reasons can be long. You as an entrepreneur/business owner plan to make something big in this industry with a cryptocurrency exchange business idea for 2025. But, stucks at somewhere?
With industry giants like Binance, Coinbase, Kucoin, Bybit, and a lot of exchanges out there, making your exchange exclusive is important. Because, ‘In order to be irreplaceable, one must always be different.’ How do you stand yourself unique among them?
Building a profitable crypto exchange is not just about calling a well-known cryptocurrency exchange development company, and letting them handle everything. It’s more than that. Now, let’s get into the blog.
The Winter Arc! Yes, you read that right. We are now in the winter season of 2024, and it's not just the months for self-growth. It's a perfect time for startups to plan something big for the upcoming year. The historical report says the last 3 months of every year seem like a positive and mostly come in high returns for cryptocurrency investors. Statistics won’t lie, right? Let’s check the 2023 report of the industry.
We all can agree that building a crypto exchange from scratch can’t be completed in a few months. But, with a Cryptocurrency Exchange Script, entrepreneurs can launch a custom platform within months which can be launched at the start of 2025. That’s why winter is the best time for crypto startups.
Not just cryptocurrency exchanges, there are plenty of business opportunities available in the industry like wallets, games related to digital currencies, etc. Then, why choose exchanges? 'Markets are the heart and soul of business'. As cryptocurrency exchanges are digital marketplaces where people can buy, and sell cryptocurrencies using different payment methods. There is no better option than getting into the business where its heart and soul belong.
Other than these, various revenue sources, a global user base, a future-proof nature, and most importantly you can be a part of this financial revolution. It leads to higher inflows in the crypto market.
Coingecko’s report says, that the top 216 crypto exchanges they track have a 24-hour trading volume of $69.4 Billion in the last 24 hours. A huge market means, many business chances, right? There will be no better reason that will stop you from calling an industry-leading cryptocurrency exchange development company.
Cryptocurrency exchanges are a profitable business idea in the market as they contain revenue streams like trading fees, staking services, listing fees, affiliate programs, IEOs, launchpads, and much more. But concentrating just on these money-making strategies won’t benefit the business in the long run.
Henry Ford once said, 'A business that makes nothing but money is a poor business.' We need to provide what people need, and that will automatically generate income for the business. Let me note down the top 7 features that can make your platform stand out in 2025.
1.Crypto Investors Protection Fund
This feature came to light when WazirX was hacked recently. Another exchange from India named CoinDCX has established a CIPF fund of ₹50 Crore to protect its users' assets. As it attracted a huge user base, adding this feature/benefit to your crypto exchange will your platform unique in this crowd.
2.Corporate Transactions
PayPal, a pioneer in the crypto industry has announced a feature that allows businesses to buy and sell cryptocurrencies on its platform. It helps US companies to use crypto for payments. Providing this innovative feature on a crypto exchange will make it more attractive.
3.Options Trading
Other than trading cryptocurrencies, offering options in exchange involves buying and selling options contracts based on the price movement of cryptocurrencies. As market volatility becomes a major part of the industry, this feature will be beneficial for business owners as well as traders.
4.Copy Trading
Newbies are the main focus for crypto exchange startups, to attract them providing copy trading features will help. It lets users copy the trades of experienced traders on the platform.
5.Crypto Loans
To provide users with not enough funds to trade, it offers an easy way to access funds through crypto-backed loans. It is one of the main features that Binance also offers, and it will make your exchange more special.
6.Staking
Not just trading, cryptocurrencies can be used to earn passive income through the feature called Staking. With this, users can earn rewards on their holdings by committing their assets to a particular blockchain network.
7.Trading Competition
‘Competitions will make you gain customers.’ This feature allows traders to compete against each other to see who can earn the highest returns within a period.
While Bitcoin hits its all-time high in 2024, many industry-leading crypto exchanges have faced many legal actions against them. We have all seen the issues between Binance and the Nigerian government, the Indian government's action on exchanges, and legal fights between Coinbase and the US SEC. More countries are starting to legalize crypto exchanges, and planning to regulate it. A cryptocurrency exchange development company and its business owner should be aware of the rules and regulations to keep the platform legitimate.
To entrepreneurs who want to launch the exchange as soon as possible, utilizing a White-Label Cryptocurrency Exchange Development, or a famous Crypto exchange clone script will help. These ready-made software solutions will be used to launch a platform with ease. Most importantly, using Binance Clone Script, Coinbase Clone Script, or any other top-rated platform’s clone software will get you immediate attention in the crypto community.
The expert predictions, market structure, and the legal aspects surrounding the crypto market show that 2025 will be the golden year for crypto exchanges. In this blog, we have learned about starting from choosing a White Label Cryptocurrency Exchange Development Company, providing the features users will need in the future, and the reasons to start the development process this winter. So decide yourself build the best platform, as the founder of Binance CZ once said, ‘In the long run, I think the best products will win’.
