Who does not agree that internet advancements are, in one way or another, a great blessing to businesses? Imagine you can now position yourself right in front of your target customers without having to meet them physically. And that is the reason why some surveys show that over 810 million websites use WordPress. This is about 43.4% of all websites. And with WordPress searches reaching 2.6 million per month, you can receive up to 323,000 visits.
As you can see, WordPress websites have a lot of potential. But you may be asking yourself how to maximumly take advantage of this platform to stay ahead as a crypto exchange. If you have such concerns, you are just in the right place. Why don’t you stick around to discover more?
Some important statistics
As we have already hinted, it seems as though a business cannot survive if it doesn’t have an online presence. And this is partly the reason for the hype of cryptocurrencies. For instance, with just a simple touch of a button, you can now complete your USD to ETH conversions from any place at any time. With many platforms now available to allow such possibilities, users expect websites to be user-friendly and highly customizable to enhance their experience.
It is, therefore, not surprising at all to see WordPress increasing in popularity since it boasts these features that are just needed in our contemporary world. Do you actually know that, according to Hostinger, WordPress dominates the global CMS market with more than 60% of the share? Compared to what Shopify, its closest competitor, holds, this value is about 10 times more.
The good side of all this is that you can build your crypto exchange platform without necessarily needing sophisticated programming skills.
Hostinger proceeds to add that over 10,000 WordPress websites used their services to publish daily. Of the more than six million websites hosted at Hostinger, nearly 3.5 million are WordPress websites. As if that is not all, there are more than 59,000 free plugins to cater to those who are on a tight budget. However, a caveat to this is that you don’t want to have too many active plugins, as that can slow down your website or make it unresponsive.
Also Read: What is LFG, and How Can You Build an Online Community Around It?
Top crypto exchange plugins for WordPress
Cryptocurrency Price Ticker Widget
If you want to display crypto prices, this plugin can be a great way to get started. The widget can display the prices of crypto in different currencies and may be convenient for users who aren’t familiar with your platform and can’t see prices or get an idea of how much they need to buy at prevailing rates.
You can also determine the crypto you wish to display on your site and set custom time intervals to refresh data. Crypto is often characterized by frequent market fluctuations, and refreshing data can help ensure users are not left out.
Ethereum Price Ticker Widget
This one is quite simple to use and is used to display current ETH prices in USD and BTC. Perhaps you know about Ether’s features that allow programs to run on it without the risk of fraud, intermediary interference, or censorship.
Market Cap & Price Ticker
Are you looking forward to providing a quick way for users to tell the current crypto market cap and prices of currencies? If you are, then this plugin can be convenient. The market cap reveals the total value of a firm’s remaining shares based on the current market price. The price ticker, on the other hand, reveals how much a company can make if it sells all its coins.
There are many more plugins you may want to consider, including the following:
- Bitcoin Calculator + Price Ticker
- Simple Bitcoin/Altcoin Price Ticker
- Cryptocurrency chart plugins
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Security considerations
Online security is not something you want to compromise. Integrating a fiat on ramp such as Paybis can help users easily convert traditional currency into crypto, making your platform more accessible to beginners. Just recently, a report revealed that about 2,000 WordPress websites were hacked and displaying fake NFT and discount pop-ups to trick visitors. 1,000 websites were compromised to promote crypto drainers through malvertising and YouTube videos.
In another place, the Singapore Cyber Emergency Response Team warned developers against versions 2.0 – 2.6.5 of the Cryptocurrency Widgets – Price Ticker & Coins List plugin, stating that it was vulnerable to attacks through SQL Injection. Such warnings only prove the importance of ensuring you are using up-to-date plugins to limit data breaches.
Another security consideration you can consider is decentralizing storage. Thankfully, there are numerous storage solutions to help you with this, including:
- Interplanetary File System (IPFS): By managing data in a distributed file system, IPFS allows you to use libraries and APIs to develop custom plugins or even use existing APIs like Pinata.
- Sia: It creates a secure and redundant storage network and allows you to integrate your website using Sia API. It can be a good option for storing media files and other content.
- Arweave: For those seeking high-throughput and immutable data storage, this can be a good option.
- Storj DCS: It is convenient for scalable and secure data storage.
Also Read: How AI Forex Trading Bots Make Currency Trading Easier and Faster
Final words
Technology is rapidly advancing, making room for new ways of interacting with target audiences and conducting business operations. WordPress, for instance, has made it possible to develop user-friendly crypto platforms without necessarily using sophisticated programming skills. And since WordPress sites seem to receive a very high number of monthly visitors, we will likely see more crypto businesses use these websites.
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