Nowadays, most startups are willing to start a crypto-related business. The Crypto payment gateway business is one of the profitable and right ones to start. As per the current market, Bitpay and Coinpayments are popular crypto payment gateways. Users can transfer cryptocurrencies via a payment gateway for their goods and services. The admin of the platform can generate tons of revenue from users’ every single transaction. That's why the crypto payment gateway business is an attention-grabbing business, especially in recent times. Let us come to the point, many of you have a query about how to develop a crypto payment gateway. Startups can develop a crypto payment gateway by using three different ways. They are mentioned below.
- Open-source
- Scratch
- Clone script (CoinPayments clone script)
Open source - It is a readily available source code and you can get this code from popular websites. Many imposter websites are offering a free source code for developing a crypto payment gateway. However, using an open-source code is not the right way to start a business, and the risk elements involved in this code will be high than you expected. Another major drawback is anyone can easily hack.
Scratch - you can hire a team of developers from the development organization to create a crypto payment gateway. Whole ideas and features will be constructed from the base. It takes tons of your time and therefore the development cost would be 3x of your estimation.
Clone script - It is ready-made software that holds all the essential features of the existing crypto payment gateway. Startups can easily customize and launch a function-rich crypto payment gateway platform within 7 days. Cost is also affordable ⅓ when compared to scratch.
While comparing these three methodologies, the crypto payment getaway clone script is an efficient way to start a business in the crypto space. Startups can start their crypto payment gateway business within a few days. Currently, many software providers are offering ideal crypto payment gateway clone scripts. On the other hand, Research says, many startups prefer a CoinPayment clone script for their crypto payment gateway business.
Refer to this article for more information - CoinPayments Clone Script