Cryptocurrency Business Ideas & Revenue Model 2021

Cryptocurrency Exchange/Cryptocurrency trading business revenue model

Cryptocurrency Exchange is also known as Digital Currency Exchange (DCE) where the traders can buy, sell or trade cryptocurrency to other cryptocurrency or fiat currency, and all the transactions are recorded in advanced immutable blockchain technology and are also one of the popular business models in the crypto market. When you enter into the cryptocurrency exchange or trading business you can earn efficiently, Once you start your own cryptocurrency exchange/trading platforms and it gets huge traders, your revenue will reach a higher position 

There are several types of crypto exchanges you can choose for your profitable business:

  • Centralized Exchange
  • Decentralized Exchange
  • Centralized Exchange Model

It is a trading platform which will act like as a traditional bank or stock market, all of the details of your transaction can be stored in a central server, In Centralized Exchange there will be a middle-man who will handle all your public and private key and all your crypto transaction will save in a central cloud server.

Top 10 Centralized Exchange Platforms

  • Binance
  • Bibox
  • Bitfinex
  • Bitstamp
  • Bittrex
  • Cex.IO
  • Bit-Z
  • Gemini
  • Kraken
  • Kucoin

Decentralized Exchange Model

Decentralized Exchange can use blockchain technology, the transactions occur between P2P (Peer-to-Peer) user using their wallet keys like private and public keys, all your details can be stored in a blockchain network, not in a server like a centralized exchange.

Developcoins build your customized cryptocurrency exchange platform to facilitate secure and fast transactions based on your business requirements, our exchange platforms cover customer documents management, document verification acknowledgment, and more.

Top 10 Decentralized Exchange Platforms

  • Changelly
  • Airswap
  • WavesDex
  • Bisq
  • IDEX
  • Kyber Network
  • Bancor
  • Cybex DEX
  • PoloniDEX
  • Ethex

Decentralized Finance (DeFi) business Revenue Models:

Decentralized Finance is the most trending topic in the blockchain community and strewing sectors in the cryptocurrency industry. DeFi projects will expect to increase by more than 50% in 2021 compared with 2020. According to the tax implication every country has different tax implications for its lending system, By using DeFi in the lending system it would reduce the interest and transaction fee rates and it improves international money transfers. In DeFi it connects both lenders and borrowers more easily and it helps the students to take loans in a decentralized method.

DeFi Based Decentralized Exchange (DEX) Platform Business Revenue Model:

Decentralized-based business models are successfully reached their market cap and engaged a large number of users around worldwide especially for decentralized-based exchanges like IDEX, Uniswap, etc. it solves problems when compared to a centralized exchange. DeFi based Decentralized Exchange Platforms with a liquidity pool provides flawless tradings to the users. The trading volume of decentralized exchanges is reached $42.6 billion, according to the coin market cap Uniswap - A DeFi Dex Protocol is the main traded platform and it’s currently listed as 845 tokens.

Top 10 DeFi Exchange Platforms

  • Uniswap
  • Maker
  • Aave
  • Curve Finance
  • Compound
  • Yearn.Finance
  • Synthetix
  • Falconswap
  • Chainlink
  • Balancer

DeFi token business revenue model

DeFi tokens hold the ability to raise up the growth of many Dapps and their value becomes higher than that of bitcoins and it is the best performing sector in the crypto markets, there are a lot of new projects are seeking to offer value in DeFi tokens in 2021.

Top DeFi Tokens:-

  • Aave – AAVE Token 
  • yEarn - YFI Token
  • Uniswap – UNI Token
  • Compound - COMP Token
  • UMA - UMA Token

These type of DeFi tokens helps the Decentralized Finance system to grow massive growth with upcoming DeFi blockchain projects in 2021.

We have strong in-depth knowledge in a decentralized ecosystem that enables us to provide Decentralized Finance Development Services for all type of financial process, Developcoins develop and deploy decentralized applications (Dapps) and also build your DeFi based DEX platform like uniswap, our team of blockchain developers helps to offer you the best DeFi services to launch your own DeFi tokens like COMP, AAVE

Explore More here - https://bit.ly/2UlaL2s

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