How Much Does it Cost to Develop a Cryptocurrency Exchange App like Coinbase?

Those days are gone when we have to deal only with cash or cards to carry out the transaction. The introduction of the Cryptocurrency Exchange App has brought a new way of transaction. The acceptance of Coinbase hails the commencement of the creation of Coinbase clone applications. Now it is the age of digital currency where the currency is deposited like a digital asset and the coin possession records are saved separately in a ledger form. A mobile app development agency can develop an amazing app for you to match this trend. 

Let’s Know About Coinbase Clone App

This is the application which provides a platform to purchase, manage, & sell cryptocurrency. Coinbase is a user-friendly application and web platform that provides different cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, etc. A Coinbase clone script includes useful features, according to your business requirements, and offers you a clone of the application. With the increase in the fame of cryptocurrency, it is sure that there will be a rise in the demand for the Cryptocurrency Exchange App.

Pleasing Features of Coinbase Application

To better know about the app and also to find out the cost of an amazing Cryptocurrency Exchange App like Coinbase. It is important to know its features:   

• Easy to Register: Coinbase has easy access for users to register as well as start transacting. All a user requires to do three things: 1. create an account, 2. Connect to a bank account, 3 starts selling and buying.
• Scheduler: by this, you can effectively schedule or plan your purchases on a monthly, weekly or daily basis.
• Manage Your Portfolio: this app helps you deal with different digital currencies and allows users to keep records of them through a single dashboard.
• Security: Coinbase improves the security of your amounts with vault protection that allows time delayed withdrawals. Moreover, many digital assets are safely stored on an offline device.
• Supports many Cryptocurrencies: professionals chosen by companies providing Bitcoin wallet application development services should surely keep in mind this point to be recommended to app owners. The application must support all or most of the trendy cryptocurrencies.
• Available on iOS and Android both: In order to fulfil the requirements of a big majority of users, this application is available on both Android and iOS platforms.
• With these amazing features, it is now apparent how Coinbase reached heights of acceptance. There is no doubt why there is a rise in the demand for cryptocurrency application development.

Benefits of a Coinbase like Cryptocurrency Exchange 

• The big number of registered Cryptocurrencies
• Improved opportunities for selling and buying Cryptocurrencies.
• Amazing ways of fund transfer through bank, credit card, debit card, PayPal, etc
• Easy and simple user interface.

What Is The Cost To Build A Cryptocurrency App Like Coinbase?

Demand for the development of crypto apps like Coinbase is rising steeply due to the huge potential it possesses. Companies are actively looking for opportunities to build a top-end application of such type. The hunt for how much it takes to develop a Cryptocurrency Exchange App such as Coinbase is faster now. The cost of building such kind of app is bound to so many factors such as app features, app security, maintenance, app location, and much more. But, roughly, the cost of development will be about USD 50,000 to USD 90,000. The cost may vary due to the features that get incorporated.

Essential Features That Affect the Cost of Such App

the increase or decrease in the cost of such kind of app development depends on the features that we integrate into it. Some basic features that are included in an average cost application are:

• User Registration: with the help of such a module users can create an account or can log in through the email account credentials or the social network.
• Purchase Bitcoins: with this feature users can buy the bitcoins. The price to be paid and Details related to the seller must display and they can ask for the deal of buying the bitcoins.
• Push Notification: Notifications relevant to money transferred, new requests, and money received together with the transaction status provided to the user.
• Manage Account: when the consumers' login into their account they can receive and sell the bitcoins. Various other very crucial information like the amount of information and the total number of Bitcoins available is also shown.
• Sell Bitcoins: This feature helps users to trade the bitcoins and also covers the info such as the payment rate, BTC amount and so on.
• Filtered Search: this feature helps users to perform different varieties of searches when purchasing bitcoin. They can select the range of the price amount as well as the amount of bitcoin to be bought to make the complete investment process very easy.
• User status: you can see the details of time and date of registration, and account verification along with the information of the chosen membership.

So, this was all about Cryptocurrency Exchange App development and also about the cost of the development. You can get help from Groovy Web for the best development. It is a very popular mobile app development agency known for its proficiency and dedication in the field. 

Author Bio:

Krunal Panchal is the CEO & Co-founder of Groovy Web. He has been a hardcore programmer since he was 11 and started his professional career very young. His technical and logical mind drove him to choose coding as his destiny. At an initial stage, he got essential experience and the spirit of innovation and entrepreneurship. Learning something new is a never-ending process for him. Under his leadership, Groovy Web has become an established organization that serves industries from startups to enterprises, regardless of any limitations.