One of the few proj ects aimed at creating a cryptocurrency exchange
with commission-free trading is Crypto Day-Trader. The engine is
associated with the Robinhood API, but it can be connected to any
broker or API.
The Buttercoin Trade Engine is based on the Buttercoin.com crypto-
exchanger code, which was supported by Google’s venture capital
fund.
A minimalistic engine Btcde-poll processes exclusively BTC-EU RO,
BCH-EU RO, and ETH-EU RO trading pairs. Simplicity is more than
compensated for by reliability.
The Crypto trading engine is a simple engine with minimal features.
A comparison between white-label and open-source software is as follows:
White label
Open-source
Development from Scratch
Time
1– 3 months
1– 3 months
More than a year
Cost
$ 5 0, 000
$ 10,000
$ 200,000
Safety
Good
Weak
Good
Convenience
Good
U ncomfortable
Good
Originality
Low
Average
Good
Reliability
High
Low
–
Table 4.1: Comparing white label and open-source software
Cryptocurrency—wallet types
A way to manage, secure, and use cryptocurrencies such as Bitcoin
(CRYPTO: BTC) and Ethereum (CRYPTO: ETH) and other digital assets
based on a blockchain (for example, an NFT) is a crypto wallet. Software
wallets and hardware wallets are the two types of blockchain wallets. The
software wallets include Web (or crypto exchange) wallets, mobile wallets,
and desktop wallets. A hardware wallet is a physical device that secures
access to your cryptos offline.
Web-based wallets