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Using the Coinbase Clone Script, you can create a cryptocurrency exchange similar to Coinbase.

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COINBASE CLOE-6ab8b97e

 

We evaluated Coinbase Clone Script based on their supported currencies, security, fees, features, and other factors to assist you in starting your own business.

How to Create a Crypto Exchange Like Coinbase?

  • Open Source Code

  • Start from Scratch

  • Launch using ZodeakCoinbase Clone Script

 

Open Source Code – It is untrustworthy, insecure, and vulnerable to hacking.

Start from Scratch – It’s a maze, and any minor technical hiccup can lead to complete security chaos. It also necessitates significant financial assistance and time investment to recover.

 

Launch using ZodeakCoinbase Clone Script – This is one of the most secure ways to launch your cryptocurrency exchange platform, such as Coinbase. You can launch your exchange platform quickly, safely, and affordably.

 

What is Coinbase?

Let’s begin with a brief history of Coinbase. Those involved in this financial activity are familiar with this cryptocurrency exchange. This platform allows users to buy and sell cryptocurrencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Tezos, Stellar Lumens, Ethereum Classic, Dash, and many others.

 

Coinbase is a cryptocurrency exchange that allows investors to buy and sell Bitcoin and other popular cryptocurrencies while securely storing them in integrated digital wallets.

 

Coinbase was founded in 2010 as a cryptocurrency exchange that allows users to buy, sell, and trade cryptocurrency directly. It has grown to be one of the largest exchanges by volume and will go public in April 2021, selling COIN shares as a security.

 

What Is Coinbase Clone Script?

When we create a Coinbase clone for you, you will receive the same level of design and code quality that Coinbase does. Furthermore, we can quickly integrate the Coinbase script into your existing website or create a new project to save you time. As a result, you can get your project up and running quickly with the same features as our Coinbase Clone Script.

 

At Zodeak, our team of cryptocurrency exchange development professionals can help you realize your vision of creating something unique while relying on tried-and-true ideas. Furthermore, our experts are well-versed in a variety of technologies and will employ them as needed. A deal with our team gets you a high-quality Coinbase clone website.

 

White Label Coinbase Clone Script

White labeling The Coinbase Exchange Clone Script is a collection of source code that contains all of the trading features of the Coinbase exchange website. The white-label Coinbase clone script allows you to customize the features based on the current digital trend, as well as change the brand name, logo, theme, and design based on your business requirements. White label Coinbase clone allows you to tailor the trading features to the current digital trend.

 

Coinbase Clone Script: At a Glance

The mobile app is simple to use; you can buy, sell, and trade cryptocurrency; and you can store cryptocurrency in your Coinbase wallet.

 

  • Two-factor authentication via SMS or the Google Authenticator app; cold storage and multi-signature wallets; KYC and anti-money laundering safeguards.

 

  • Buy, sell, trade, send, and receive.

 

  • More than 50 cryptocurrencies.

 

Coinbase Clone Script: Ease of Use

Coinbase clone script is identical to Coinbase, which has a similarly simple sign-up process and requires users to verify their identity with a photo ID. The Coinbase user experience, on the other hand, is much simpler, making buying, selling, or trading currencies simple and intuitive. Coinbase does not support advanced trading or margin, making it more accessible to beginners.

 

Coinbase Clone Software: Security Features

Here are some of the security features offered by this exchange:

 

Two-Factor Authentication: Like Coinbase, our Coinbase Clone prioritizes authentication security by providing 2FA via SMS and the Google Authenticator app.

 

Cold Storage and Crypto Vaults: 98% of our Coinbase Clone’s crypto assets are kept offline in cold storage vaults. This keeps assets safe from hackers and online thieves by keeping them off the internet.

 

Coinbase clone also provides a cryptocurrency vault, which requires approval from multiple users before you can withdraw your funds.

 

ERC-20 wallet built-in: The Coinbase clone script allows users to transfer funds from the exchange to their personal vault using an ERC-20 compatible wallet for Ethereum-based applications and decentralized exchanges.

 

Final Decision

Are you looking for a professional software development company that can create a cryptocurrency exchange website similar to Coinbase?

 

The Zodeak team has made every effort to communicate effectively and efficiently with employers by utilizing various communication methods. The use of various communication methods allows for the exchange of user opinions in order to improve the project and, as a result, increase customer satisfaction.

 

Zodeak has used a powerful, experienced, creative, and skilled software team to provide quality services while also increasing employer satisfaction. The Zodeak software team has a high nobility in carrying out various projects, and with their extensive knowledge, you can entrust project execution to them with ease and be satisfied with the results.

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Why Real Regulatory Change In Crypto Has Not Happened

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Why Real Regulatory Change In Crypto Has Not Happened



Legislators need to educate themselves on Web3 if they care about protecting consumers, Steven Eisenhauer, chief risk and compliance officer at Ramp, writes.


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South Korea to deploy cryptocurrency tracking system in 2023

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South Korea to deploy cryptocurrency tracking system in 2023


The Ministry of Justice in South Korea announced plans to introduce a crypto-tracking system to counter money laundering initiatives and recover funds linked to criminal activities.

The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance, according to local media outlet khgames.

While the system is slated to be deployed in the first half of 2023, the South Korean ministry shared plans to develop an independent tracking and analysis system in the second half of the year. A rough translation of the ministry’s statement reads:

“In response to the sophistication of crime, we will improve the forensic infrastructure (infrastructure). We will build a criminal justice system that meets international standards (global standards).”

The South Korean police previously established an agreement with five local crypto exchanges to cooperate in criminal investigations and ultimately create a safe trading environment for crypto investors.

Related: South Korean prosecutors request arrest warrant for Bithumb owner: Report

The South Korean Supreme Court ruled that crypto exchange Bithumb must pay damages to investors over a 1.5-hour service outage on Nov. 12, 2017.

The finalized ruling from the supreme court ordered damages ranging from as little as $6 to around $6,400 be paid to the 132 investors involved.

“The burden or the cost of technological failures should be shouldered by the service operator, not [the] service users who pay commission for the service,” the court stated.


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Data Shows 50% Of Bitcoin Hashrate Controlled By Two Mining Pools

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50% of Bitcoin hashrate Controlled by Two Mining Pools

Bitcoin hashrate is becoming highly centralized, with a few mining pools controlling most of the blockchain mining power. The latest data from Mempool indicates that 50% of the total hashrate is held by Foundry USA and Antpool. 

A Highly Centralized Mining Network

Foundry USA has maintained a hashrate of over 30% of the total Bitcoin network for several weeks. It became the first mining pool of non-Chinese origin to lead the list in November 2021, following the ban on Bitcoin mining in China in the middle of the same year. 

Back then, Foundry USA contributed 17% of the total Bitcoin hashrate. Today, the US-based pool averages 34.1% of the mining power, equivalent to about 104 EH/s, considering that the Bitcoin hashrate is around 300 EH/S. 

Related Reading: First Bitcoin Mining Powered By Nuclear Energy To Open In The U.S. In Q1 This Year 

Antpool comes in second with about 18.0% of the total hashrate equivalent to about 58 EH/s. The Chinese-based pool used to be the largest Bitcoin pool but was affected by the ban on crypto mining which caused several miners in the region to migrate. 

Bitcoin Pool distribution records on Dec. 29, 2022 (3-day stats)/Mempool.com

What Is Behind This Trend?

The graph shows that over 80% of Bitcoin’s mining power is concentrated among just 5 pools. This contrasts with the beginning of 2022, when these five mining pools barely exceeded 60% of the hashrate. 

Some factors could have contributed to this rise. One of which is the location of the servers of the said pools. The closer the servers are to the pools and mining facilities, the lower the information transfer latency. This means that a miner will likely get more shares in the mining process and earn more Bitcoin (BTC) by connecting to a closer server. 

Bitcoin hashrate difficulty
Bitcoin hashrate difficulty for January/CoinWarz.com

Another factor is the financial incentives offered by these major mining pools. Bigger mining pools can consistently distribute profits to their members, who pay a commission for mining with their resources, driving more miners to their ecosystem. This is evident with the high mining difficulty in recent weeks due to the bullish movement of Bitcoin, making it difficult for smaller mining pools to be profitable. 

Related Reading: Why The S&P 500 Could Help Send Bitcoin Soaring Higher

However, Bitcoin’s highly centralized mining system poses significant dangers to the cryptocurrency. The miners could agree to reject transactions that do not meet a specific parameter leading to a 51% attack. 

We’ve seen such attacks occur on other Proof-of-Work blockchains like Ethereum Classic, which could be a problem for Bitcoin. In addition, these pools are recognized companies and could face pressures from regulatory agencies trying to control activities on the Bitcoin network. 

Bitcoin Price

So far, Bitcoin is still maintaining its bullish trend, with the leading cryptocurrency up by 40% since the start of the year. As of the time of writing, Bitcoin is trading at $23,400, according to data from Tradingview.com. 

Bitcoin Price on January 28| Source: BTCUSDT on Binance, TradingView
Bitcoin Price on January 28| Source: BTCUSDT TradingView

Featured image from Pixabay, charts from Trading View, Coinwarz, and Mempool


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