Every business needs its own crypto wallet, believe me, we know this for sure! But how long will it take to develop it? That’s the main question!
Often, customers cannot independently assess the difference between developing a regular crypto wallet and a wallet with additional functions, for example. Neither do they understand the direct advantages of a white label wallet.
In this article, we will try to briefly highlight the key points of development, as well as highlight their time and resource costs.
Just a small remark before we get to the main part – contact Evercode Lab’s team today to learn more about the possibilities to develop white label crypto wallets, which will perfectly suit your business!
Basic Crypto Wallets
Developing a basic crypto wallet with essential features, such as sending, receiving, and storing digital assets, typically takes a few weeks, depending on the dev team’s available resources.
These wallets are built to meet users’ primary needs while ensuring smooth and secure transactions.
Since they focus on simplicity, the design and integration phases move quickly, allowing for a fast market launch.
Extended Multi-Currency Crypto Wallets
Building an advanced multi-currency crypto wallet is a more complex process that can take several months, depending on the number of supported networks and features, custom tokens and other digital assets, unique networks or blockchains.
While a basic wallet covers essential operations, a fully functional advanced multi-currency wallet offers users a complete ecosystem – exchange, storage, and multi-network flexibility.
Developers must integrate multiple blockchain protocols, ensuring compatibility across various networks and token standards. Each supported asset adds extra development and testing time to guarantee seamless performance and reliability.
Each supported asset adds extra development and testing time to guarantee seamless performance and reliability.
Security Implementation
Security plays a crucial role in wallet development. Adding advanced security measures, like end-to-end encryption, two-factor authentication (2FA) and multifactor authentication (MFA), biometric verification, and secure key management, extends the timeline significantly.
These steps are vital to protect users’ digital assets and maintain trust in your brand, so adding any security tool will bring extra time to the wallet development.
Advanced Features
When a wallet includes advanced functionalities such as staking, NFT integration, or a built-in decentralized exchange (DEX), the development cycle grows even longer.
These features require deep blockchain expertise, smart contract audits, and extensive testing to ensure flawless performance and user safety.
The Advantage of White Label Crypto Wallet Development
For companies and businesses that want to launch quickly without compromising quality, a white label crypto wallet offers a powerful alternative, which helps save money, production time, and internal resources.
At Evercode Lab, we’ve developed a ready-made white label wallet solution that can be customized and deployed in just two weeks. Our platform supports multiple cryptocurrencies, offers enterprise-grade security, and integrates seamlessly with DeFi, NFT, and Web3 ecosystems.
By choosing a white label crypto wallet, you save months of development time, reduce costs, and gain access to a product that has already been tested, audited, and optimized for performance.
With minimal customization, businesses can launch a secure, scalable, and user-friendly digital asset wallet under their own brand, – all while staying ahead of the competition!
Final Thoughts
So, whether you’re building a wallet from scratch or choosing a white label solution, understanding the development timeline helps plan your go-to-market strategy effectively.
For most businesses, a white label wallet is the fastest path to innovation: delivering a reliable, customizable crypto wallet solution in just weeks instead of months.
Book a meeting with Evercode Lab’s experts now and take a first step to develop tailored crypto wallet solutions just for your needs!