How to start a crypto wallet app under your own brand
By SendPay Business · · 2 min read
A crypto wallet app lets people hold, buy and sell crypto next to their cash, and move between the two in one place. Under your own brand, every trade and every conversion can earn you a fee.
What your users get
A balance in bitcoin and other assets next to pounds, euros and dollars, a price they can watch, and buy and sell orders that fill. Cash in and cash out happen from the same account.
How it earns
You set a fee on each trade and a margin on each currency conversion. Every trade shows in your console with what it earned you.
Registration
In the UK, a business offering crypto services must register with the FCA for money laundering supervision before it takes customers, and crypto promotions are restricted. Other countries have their own rules. The assets are held with regulated partners, not with SendPay Business, and we introduce a specialist to help with registration.
Launching
- Start with the crypto exchange template, which includes the crypto wallet.
- Name and brand it, and choose the assets.
- Preview the wallet and exchange screens.
- Pay, go live within 24 hours of confirmation, and register before taking customer money.
Build it
Create your own financial platform.
Pick a template, name it, brand it, preview every page before you pay. Your brand, your users, your fees.
Build my platform →Questions people ask
What could my own crypto exchange earn?
Work out monthly profit from trading fees and a spread, after your costs.
Crypto exchange business calculator →What could my platform earn?
Work out monthly income from your customers and fees.
Platform earnings calculator →Is a wallet different from an exchange?
The wallet holds the crypto; the exchange is where users buy and sell it. The crypto exchange template includes both.
Where can I read more about exchanges?
The crypto exchange guide covers buy and sell orders, cash in and out, and FCA registration.
Launch a crypto exchange →How do I start?
Pick the crypto exchange template, name it and preview every page before you pay.
Build my platform →Read next
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. PayPal, Patreon and Substack are named as reference points only and are not affiliated with SendPay Business.