Build a Crypto Business Without Crypto Custodial Services with UTIP

Cryptocurrencies can earn you profit not only by trading them, but also by setting up your own crypto exchange. But to start your own business in the crypto market, you will need to understand the structure of the crypto exchange as well as its main sources of income and expense.

Crypto Custody Services – Currency “banks” within exchanges

Nowadays, an unprecedented number of transactions with various cryptocurrencies are carried out on crypto exchange platforms. This requires secure access, fast transfers and precise accounting tools. Crypto Custody Services offers help for all of this – in essence, it acts as “banks” within crypto exchanges. These banks can be linked both as third-party services and as fully integrated systems.

Today, the market is full of service offerings to support hot and cold wallets and store cryptocurrency for businesses. Some of the most popular providers are:

These companies provide a modern and secure infrastructure for crypto exchanges. Such an infrastructure can be integrated into any payment, trading or cryptocurrency exchange system.

The cost of crypto custody services

To use CCS, a business will need to spend an average of $ 5,000-10,000 per month, excluding installation and configuration costs. To use the full functionality of its services, in some cases, you will need to maintain permanent fund reserves of $ 500,000 to $ 1,000,000.

For comparison, building a service like CCS can cost you several times the maintenance costs of CSS, and it will take several years to develop.

Crypto company out of the box

However, there is a more affordable solution start a business in the crypto industry. This solution is a ready-to-use crypto broker. To use it, you don’t need to rely on Crypto Custody Services, but at the same time, this solution combines the functionality of the crypto exchange and the simplicity of the internal infrastructure. The total monthly cost of everything including trading platform and web services for clients is only US $ 2000

UTIP is ready to offer such a solution to bring together all the necessary functions so that you can start and grow your own crypto business.

The company also offers consulting services and is ready to help its clients with any issue related to the crypto industry, among its many other services.

Disclaimer: This is a paid publication and should not be construed as news / advice.

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