In this digital era, the usage and prominence of crypto assets are evolving and rapidly growing daily, increasing the huge demand for crypto exchange platforms. The cryptocurrency exchange is a digital asset trading platform allowing users to trade virtual crypto assets securely. There are many popular crypto exchanges in the current market but among them, Kraken exchange has been standing tall since its debut. With the best user interface and diverse trading options, the platform has driven more users and investors.
The Kraken exchange has huge volume and liquidity benefits, allowing users to trade their desired crypto coins and tokens. In return, the owner of this exchange has been earning profits by charging withdrawals, deposits, listing fees, and commissions. Some notable reasons like Lower Transaction fees, Higher Liquidity, Tightened Security, and other features grabbed the attention of pro traders and beginners to choose Kraken exchange. Kraken Exchange also offers its own crypto trading mobile app, in both IOS and Android devices for the convenience of the users. These potential and realistic approaches attracted many enthusiastic entrepreneurs to create a crypto exchange platform like Kraken.
A much easier way to do so is by using a Kraken Clone Script.
If you aren’t aware of the Kraken exchange clone, then this article is completely for you. This article discusses the hassle-free steps to get started with your own Cryptocurrency Exchange like Kraken by leveraging the Kraken exchange clone script. Let us begin with…
What is Kraken Clone Script?
Kraken clone script is the tailor-made cryptocurrency exchange clone software that holds all the current trading features and plugins of Kraken. By using this script, you can build a cryptocurrency exchange website platform like Kraken within a week.
The Kraken exchange clone script is designed and developed with advanced technology and customization options. Like Kraken Exchange, the Kraken website clone also supports a wide range of crypto coins for buying/selling with multiple trading pairs. such as Bitcoin, Ripple, Dogecoin, Bitcoin Cash, Tron, Ethereum, and more.
Coinsclone offers world-class Kraken clone software with the latest trading features and top-level security systems. Our premium clone script has been completely tested in terms of design, analysis, and development. By using our cryptocurrency exchange clone software, you can customize the visuals, themes, and trading features according to your business needs. Besides, our clone script is fast, secure, scalable, cost-effective, and user-friendly.
How Does the Kraken Clone Script Work?
The Kraken exchange clone software works the same as the Kraken exchange. Let us see the working process of the clone script.
- Firstly, the user has to register and create an account in your Kraken clone exchange by using the mail ID. Then, the verification link would be sent to the user’s registered Gmail ID.
- The user needs to click on that verification link to complete the registration process.
- Then user can sign in to the account by entering the credentials.
- After signing in, the user needs to provide some essential details like government-authorized documents, driving license, and bank details for KYC verification.
- After KYC verification and approval from the admin, the user can trade any crypto coin.
- If the user wants to buy any crypto-asset, then he/she has to deposit some amount of fiat money in the account. Besides, the user must link their bank account or credit/debit card for deposit and withdrawal.
- The user can choose the type of trading and trade accordingly in crypto coins.
- Once the crypto trade is completed, the cryptocurrency will be automatically delivered to the user’s crypto wallet instantly.
- For every successful crypto transaction, as an admin of the exchange, you can collect a certain amount of money as a commission fee.
- This is how the premium Kraken clone script works in real time.
Features of Our Kraken Clone Script
Trading features that you enable in the Kraken clone script play a crucial role in launching a crypto exchange like Kraken. Because every user in the platform will first check the trading features that are available in the crypto exchange. So the trading features that you enable in the Kraken clone script should be more effective for the users. Enabling outstanding features in your exchange platform will attract many crypto-traders and investors from various countries. Besides, power-packed trading features will help in increasing the user base. Here is the list of desirable features that you can get in our customizable Kraken clone software.
Order Book System
Our Kraken Clone Script replicates the Kraken’s renowned Order Book functionality. This transparent system benefits users by matching buy/sell orders transparently fostering trust.
KYC (Know Your Customer) Integration
The KYC procedures verify the identities of the platform users. Thus, integration of KYC/AML protocols within the platform promises security preventing the risks of hacks.
Crypto Payment Gateway
The incorporated Crypto Payment Gateways facilitate an easy transfer process. Users can easily deposit and withdraw cryptos and fiat easily without going through any complexities.
Mobile Applications
If the business requires an exchange app like Kraken, our developers will create Kraken Clone mobile applications, that support both IOS and Android mobile devices.
Unlimited Currency Exchange Pair
The clone supports industry-leading and popular cryptocurrency pairs to cater to and attract a diverse audience base.
Live Trading Charts
The live trading charts provide insights into the real-time market data and current price movements. This aids in strategically analyzing and planning to execute trades and make informed decisions.
OTC Desk
OTC Functionalities incorporated in our Kraken Clone Solution provide a personalized trading experience for processing bulk tradings, without influencing the market prices.
Staking
The staking feature allows your users to securely stake the cryptos for a while and allows them to earn rewards for doing so.
Market Making
This feature facilitates the performance of the platform amidst the price-changing conditions in the market by improving the liquidity of the platform.
Liquidity API
Liquidity API allows you to access the popular liquidity pools of popular crypto exchanges to facilitate price stability and keep the platform running smoothly.
Futures Trading
This is like an agreement-based trading model that allows your users to bid on the crypto prices on a specified date and time. This is one of the tactics to increase exposure and make your platform stand unique.
Margin Trading
Our Kraken Clone Script provides margin trading along with spot transactions to buy or sell crypto assets with leverages to maximize the profit potential.
Cryptocurrency Wallet integration
The Kraken Clone Solution offers seamless incorporation of crypto wallets enhancing the user experience. This streamlines the trading process allowing users to deposit, store, and withdraw their digital assets.
IEO Integrated Module
Our clone software supports IEO, empowering businesses by raising funds on the platform. This feature may help you to position your crypto exchange at the forefront of the crypto fundraising landscape.
Third-Party API Integration
Expand your platform’s functionality and opportunities with seamless API integration. Integrate with the third-party service tools, and payment processors, to offer users a better trading experience.
You can get all these extraordinary features in our ultra-modern Kraken clone software. So that your users can get a better trading experience on your platform. Our Kraken clone software is user-friendly, so even beginners in crypto trading can easily buy and sell cryptocurrencies in a risk-free manner.
Security Features of Our Kraken Clone Script
We at Coinsclone enable the high-end security features in the script. Here is the list of top-level security mechanisms that you should enable while developing a crypto exchange similar to Kraken.
- HTTP authentication
- Jail login
- Data encryption
- Two-factor authentication
- SQL injection prevention
- Email and SMS verification
- Anti Denial of Service(DoS)
- Cross-Site Request Forgery(CSRF) protection
- Server-Side Request Forgery(SSRF) protection
- Anti Distributed Denial of Service
Business Benefits of Using Kraken Clone Script
You can yield many benefits by using the best Kraken clone software.
- Customization scope is high so you can modify the theme, design, color, name, logo, and other add-ons as per your business concepts
- Cost-effective
- Comes with in-built security features and elite trading features
- Saves time
- Your users can facilitate crypto transactions instantly and securely
- High ROI in a short period
- You can monitor the working process
- As an admin of the exchange, you can manage all features, transactions, security aspects, and other functions without any hassle.
- Faster deployment
- Comes with a cutting-edge admin and user dashboard
- Our premium script is completely designed and crafted by using the latest technology stacks
- No need for any technical knowledge
- High scalability
- As an admin, you can set the commission fee for every crypto coin easily.
- You can launch both the website and a crypto trading mobile app by using the clone script of the Kraken exchange
How to Build a Cryptocurrency Exchange Website Like Kraken?
To create a crypto exchange platform like Kraken, you can do it in three possible ways. Firstly, you can build a cryptocurrency exchange website from scratch which is an expensive method and takes many months(approximately 6 months) to complete the exchange project. So most startups don’t prefer this method for starting a crypto exchange like Kraken.
Secondly, you can develop it using White Label Kraken Exchange software, which lets you customize the platform, and takes nearly 3 – 4 months to deploy. This method requires a little bit more technical knowledge as you need to add detailed specifications and customize the platform from a wide range of features available in the market.
Finally, comes another method Kraken Clone Script, which is a bug-free and customizable solution. These are offered by renowned cryptocurrency exchange clone script providers in the market like Coinsclone. As already said, this is a ready-made cryptocurrency Exchange script with which you can get started with your own crypto exchange instantly. This means that you need to make the required customizations, install the script, and deploy it. Hence, you can build a cryptocurrency exchange website similar to Kraken in just 10 days!
Here are the major steps you need to take into consideration while launching a crypto exchange like Kraken
- You must come up with a unique set of Business Requirements to stand out from the crowd in the cryptocurrency sector.
- Make sure you have taken the cons of the existing Kraken Exchange and try to resolve them on your platform.
- Check for Jurisdiction in the country where you are planning to build a cryptocurrency exchange website like Kraken.
- Ensure you have the required amount of funds to build a cryptocurrency exchange website similar to Kraken.
- Have a partnership with the best payment processor
- Get in touch with the leading cryptocurrency exchange script provider to get a Kraken Clone Script.
- Check for the security modules and the trading features that are integrated.
- Deploy your exchange with the help of professionals
- Start marketing your Kraken clone exchange to your global audience
Why Choose Coinsclone to Build a Cryptocurrency Exchange Website like Kraken?
Coinsclone is the renowned cryptocurrency exchange script provider in the crypto industry. We have years of experience in developing and delivering crypto exchanges with utmost perfection at an affordable cost. Our Kraken clone script can be catered to as per the business requirements of the clients. With our Kraken Clone Software, you can build a cryptocurrency exchange website similar to Kraken within a few days!
Our customizable Kraken clone software security is developed using advanced systems to prevent malicious activity and malware. This script comes with a complete package so it includes all the essential features such as Margin Trading, Payment Gateway, Cryptocurrency Wallet, Liquidity API, Admin Dashboard, User Dashboard, Referral Program, etc. You can also make the required customizations of your wish!
Frequently Asked Questions
1. How much does Kraken Clone Script cost?
The cost of Kraken Clone Software can vary depending on the features and customization requirements. For an exact quote, it is best to contact us directly and discuss your specific needs.
2. How long does it take to develop a Crypto exchange using Kraken Clone Script?
Developing a Crypto exchange using Kraken Clone Script takes between 5 to 7 weeks. Usually, this might have little changes depending on the project requirements and complexities involved.
3. How can I earn after developing a Crypto exchange like Kraken?
You can use similar revenue models as Kraken, but the benefit here is you get to decide how to implement them. This includes charging for withdrawals, listings, and trading fees, as well as offering premium subscription services or by doing collaborations.
4. What makes Coinsclone’s Kraken Clone Solution Unique?
Coinsclone’s clone script stands out in the crowd with the distinct features it carries, and the scalable & customizable benefits it offers, while also known for its security mechanisms.
5. Does Coinsclone provide post-launch support?
Yes, Coinsclone provides extensive post-launch support, including technical assistance, security audits, maintenance, regular updates, and fixing any issues that may arise after launching the platform while ensuring it stays up to date.