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June 24, 2021In today’s crypto world, the concept of a white label cryptocurrency wallet is gaining immense popularity. The benefit of the white label cryptocurrency wallet solution is to build wallets without going through a long development cycle. The white label solution is a ready-made solution whose front-end can be easily customized and the solution can be launched under any brand name quickly. This saves the development time and cost significantly.
When it comes to choosing a crypto wallet developed via a white label program, businesses are wise to carefully research which white label crypto wallet development company they choose to handle the set-up and administration.
Top 5 considerations when choosing a reliable white label crypto wallet development partner:
- Cybersecurity: The most important thing to ask from your service provider is about the fraud protections, privacy, and anti-theft features and services. You should also ask about the information on compliance and regulatory capabilities and dedicated resources.
- One Size Doesn’t Fit All: Customization allows business owners to work with their wallet development service provider to design the desired wallet that fits their marketing goals and is fortified with the required features. It requires expertise in software and platform development.
- Scalability: A meaningful program should allow for scale – whether up or down. The client should be able to add or remove as well as regularly evaluate functions and features to best meet the needs of their users.
- Mine the Data: Detailed analytics are a crucial part of a white label wallet. It enables business owners to monitor their users’ behavior and activity to improve loyalty.
- Service and Support: Financial services are extremely serious business. The users should have easy access to a customer service team around the clock, regardless of location.
Users of crypto wallets likely have different priorities. Some may use a wallet for daily purchases and P2P payments while others may hold crypto as an investment for the long term.
If you are also planning to build your own crypto wallet, Antier Solutions can help. We offer mission-driven solutions to build custom crypto wallets from scratch. In addition, we are known for our white label crypto wallet solution fortified with market-leading features like QR code scanner, multi-signature support, mnemonics phrase, institutional-grade security, and more.
Schedule a free demo of our white label crypto wallet solution or connect with our subject matter experts to discuss your business needs for a custom wallet built from the ground up.