In 2017, the crypto market demonstrated that its value is limitless. ICOs have increased tremendously in popularity because they provide entrepreneurs with a more convenient way to raise money in order to fund their startups. As a consequence, trading cryptocurrency is now a favorite activity of investors looking to diversify their portfolios. Binance is the perfect example of a company that proves investors can attain excellent returns on their investment and become leaders in their niche with excellent marketing techniques and a high-quality product.
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However, trading cryptocurrency or promoting a crypto exchange business poses challenges that newbie investors may not fully understand. The best alternative is to settle on a white label solution to spend less on development, make sure their business lives up to their expectations, and stand out in the cryptocurrency exchange market. The problem is, most white label solutions available feature costs between $20,000 and $120,000.
In the absence of a platform to streamline cryptocurrency exchange, Stoxum aims to do more than that. The project is looking to become a hybrid crypto exchange by incorporating benefits from both decentralized and centralized exchanges. The end goal is to develop an aggregated liquidity pool where all Stoxum token holders are co-owners of the platform.
Convenient white label solutions for businesses
In the cryptocurrency market, custom white-label solutions help business people restructure and rebrand their cryptocurrency exchange websites. They can change the name, the features, and the design to make them more appealing to their customers. Since many startups cannot handle the development process of an exchange platform all on their own, a white label solution comes into play with easier to use, ready-made package. However, the prices involved for such packages can easily exceed $100,000.
On Stoxum, you can launch your brand with a single click without investing a fortune in development. Users get to choose the coins traded, as well as set their own trading fees. With allocation percentages between 60 and 80 percent, businesses can also connect their own currencies and leverage their own developers to change their website’s design. Furthermore, the platform will also feature “from the box” AML-KYC functionalities to allow companies to get a compliant license for their exchange business.
By combining perks of centralized and decentralized exchanges, business owners will benefit from a fully transparent and secure ecosystem powered by detailed reporting on all transactions in real time.
A hybrid business model for exchanging cryptocurrency
Stoxum aims to become the world’s first decentralized cryptocurrency exchange with a hybrid business model. Powered by an aggregated liquidity pool, the platform will make STM token holders exchange co-owners entitled to receive a share of its profit based on the total amount of tokens they have.
With a unique operating system and customized white label solution in place, Stoxum will begin by listing the five best-rated cryptocurrencies on the market: Bitcoin, Ether, Bitcoin Cash, Litecoin and Ripple.
To ensure complete transparency, users will decide which new coins to bring onto the platform through a unique voting system. Based on the amount of tokens they hold, users will also receive a fair share of the platform’s profit in the form of dividends. In terms of plans for future development, Stoxum plans to add ready-made trading bots to limit losses and help investors predict profit logic.
After successfully raising more than $500,000 in the private pre-sale, Stoxum will launch its public pre-sale on May 10. All participants will benefit from declining bonuses that start at 30 percent down to 3 percent, and will be based on the total amount of STM tokens they wish to purchase. 1 STM token is priced at 0.00002 BTC.