Krypton Software Launches Crypto Exchange Feeds Aggregator for White Labels

Technology provider Krypton Software is launching an aggregator solution for White Labels White Labels White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buye White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buye Read this Term. The firm has been working with several exchanges to integrate their feeds.

Krypton Software is focused on a white label model, providing prospective broker clients with a full technical solution, including various modules like a trading interface, backend, etc. Krypton’s product may be useful for companies that are looking to enter the cryptocurrency trading realm quickly but are not keen to develop their own technology.

According to a company spokesperson, Krypton Software is currently supporting direct integration to 13 exchanges. The company is also committed to adding more exchanges provided that those have a solid and stable API.

White Label Requirements

Krypton Software is charging a markup on the fees of the exchanges that are delivering Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. While white labels have the ability to connect to several feeds, the need for those multiple feeds would be a requirement only if the liquidity on one exchange is insufficient to meet the demand from clients of the white label.

A company spokesperson explained: “We have direct integration with several of the big exchanges where all transactions will be executed. Every white label will have to open an account with at least one of them and maintain liquidity to ensure trades are executed smoothly.”

The white label clients of Krypton Software will need to open up accounts at the different exchanges they use to clear their trades in order to be able to use the product. Overall, Krypton Software is a suitable option for companies that are willing to offer crypto to end users, however, the key challenge will be the pricing for end-users, which always have the option to directly open an account with an exchange and avoid the markup.

“Commissions & charges will be competitive and well balanced with the added value of Krypton Software,” a spokesperson elaborated. Krypton Software was launched during the summer of 2017 by binary options technology provider Tradologic.