White-label bitcoin wallets are becoming more popular in the modern cryptosphere. A white-label cryptocurrency wallet solution allows for the rapid creation of wallets without the need for a lengthy development process. The white-label solution is a turnkey product that can be rebranded with no effort and delivered to the market in a flash. This drastically reduces the price and duration of the development process.
It’s important for companies to do their homework before committing to a particular white label cryptocurrency wallet creation provider that will be responsible for the wallet’s initial configuration and ongoing management.
Here are the top 5 criteria to look for in a trustworthy white-label crypto wallet development partner:
- Concerning cyber safety, the most vital question to put to your service provider is whether or not they provide tools and services to prevent fraud, preserve user privacy, and identify theft. Make sure to inquire about the company’s compliance and regulatory skills, as well as any devoted resources in this area.
- Not Everyone Needs the Same Thing: Businesses may tailor their wallet to their marketing strategies and needs by collaborating with their wallet creation service provider. It calls for knowledge of programming and platform design.
- Scalability: In order to be really useful, a program must be scalable, both in terms of size and scope. The client must have the freedom to add or remove features and conduct frequent evaluations to ensure the system is evolving to suit the demands of its end users.
- Data Mining: A white-label wallet can’t function without in-depth analytics. By keeping tabs on customer habits, businesses may win their loyalty.
- Service and backup: the financial services industry takes itself very seriously. Customer care personnel should be available to users at all times, no matter their location.
The owners of cryptocurrency wallets probably value various things. Wallets may be used by some to make regular purchases and peer-to-peer payments, while others may store cryptocurrency solely as an investment.
Should you make your own cryptocurrency wallet or buy one already made? You may have your own wallet under your own brand with BitHide’s white-label crypto solution, and you won’t even have to pay for its creation. BitHide reveals true anonymity, a streamlined design, and sophisticated administrative features.
White-label cryptocurrency wallet BitHide is a great option if you want to accept cryptocurrency payments and have a payment gateway for high risk business but don’t want to design your own wallet or use one from a competitor. It’s the same service the firm offers to its customers, but you may brand it in a way that fits in with your brand guidelines.
The following are some of the benefits you’ll get after installing BitHide:
- Perform all the actions you would normally perform with your standard cryptocurrency wallet. This entails keeping your transaction records in an encrypted manner, sending and receiving bitcoin, and preserving this data.
- When you install BitHide and save all your transaction data on private servers, you can be certain that no one will ever be able to see what you’ve been buying or selling.
- Create and save many crypto payment addresses in a single location. It allows your company to continue operating no matter how many transactions occur each day.
- With no account suspensions or bans, you have complete financial control.
- Put your company’s name on a cryptocurrency wallet and integrate it with your service or product easily by using a white label.