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Cryptocurrency MLM software is a binary matrix scheme where there will be a network of investors who will aim to maximize their profits by referring more people to join the network. They get a commission for every referral they make. All the MLM transactions are automatically executed by the smart contracts. The smart contract builds trust, ensures immutability, facilitates instant payments, and prevents any risks.

It fixes the commission charges, joining fees, handles the different binary matrices, position allocation in the matrix, and manages the governance of the platform.

As interest levels of cryptocurrencies continue to surge in the digital world, White label crypto exchange solutions have become the shortcut for creating a robust exchange and capturing the market.

In this article, we will see the benefits as well as some disadvantages of White label solutions

Advantages of White Label solutions

Initial Coin Offerings, or ICOs as they are commonly abbreviated, were the first manifestations of bringing together a new technology like blockchain and an aspect of traditional financed like crowdsourced investments. For a long time, crypto fundraising was synonymous with ICO. Today, there might be a lot of regulated alternatives like the security token offering (STO) and the initial exchange offering (IEO). However, ICOs have retained their supremacy when it comes to crypto fundraising, largely because of its uncomplicated nature.