Cryptocurrency Exchange Platform Development

What is Cryptocurrency Exchange Platform Development?

Cryptocurrency Exchange Platform Development is a ready-to-launch Cryptocurrency Trading platform inbuilt with advanced features that allow you to launch a profitable cryptocurrency exchange immediately. There are various layers of high security that prevent fraudulent activities and assure that your money would be safe. The flexibility offered with the white label exchange platform empowers any customization to facilitate customers as per their requisites. You get 100% unencrypted source code of this exchange platform. Customize at your will, Add/ Edit any feature easily. The exchange script is based on a micro service, and each micro service can be utilized/exchanged with an external solution.

Features of Cryptocurrency Exchange Platform Development

• Secure cryptocurrency transaction
• Premium UI/UX
• Record complete history of cryptocurrency transactions
• Seamless communication between buyer and seller
• Flawless trade of cryptocurrency
• Two factor authentication
• Advanced Smart contract
• Robust admin and users’ dashboard
• Payment gateway integration
• Instant alert and notification
• Easy to Use Platform
• Reliable cryptocurrency Exchange on Blockchain

There are many additional facilities offered by cryptocurrency exchange platforms and blockchain web development companies that promote user security and prevent theft or any kind of tampering with user data or digital assets.

Some of them are as follows:

Sign up / sign up facility
No user can exchange cryptocurrencies without creating his/her account on the platform, i.e. website. The login options are well-developed and meet the highest level of security. This feature prevents unauthorized logins, hacking attacks, or other types of manipulation and tampering with the application.
Many platforms also offer the two-step verification process, which provides additional protection for users. Just like a mobile app development company, cryptocurrency exchange applications can provide OTP, mobile verification, email verification, etc. as their parameters for secure login or account creation.
Verification of KYC
KYC stands for Know Your Customer. Every user is thoroughly verified. A KYC verification ensures the type and financial background of the user who signs up for the cryptocurrency exchange business and prevents any kind of scams.
Validation of AML
AML is abbreviated as anti-money laundering. After KYC verification, AML validation takes place, which ensures the protection of digital assets on the server. It also ensures the transparency of transactions using money laundering. AML validation helps to complete the user's profile, which benefits him/her at the time of trading.
Deposit / Withdraw Wallet
Cryptocurrency exchange platforms provide users with digital wallets in which to store their assets. This feature can also be used when withdrawing assets for trading.
Transaction dashboard
The transaction dashboard is an inseparable platform of cryptocurrency exchange applications. It stores all the transaction history of each user. This facility is often powered by blockchain app development services that ensure end-to-end protection and accountability of records. Users can retrieve all transactions from the transaction dashboard.
Trade Analytics
The executed trade can be analyzed and checked with the trade analysis feature, which creates graphs and charts of various executed trades and gives the profit margins and progress reporting. It also helps in the future prediction of trades and exchanges.
API integration
It is a very interesting feature that allows users to create their own automated trading systems. Multi-language support systems can also be created using an integrated API. This promotes the creativity of users. Custom and automated trading systems are also more convenient for users.
Administrator's panel
With one-handed access, the admin panel helps the administrator (in most cases, the founder or CEO of the company) to track each trader's trades and transactions. Admin panel provides the ability to modify the site and add additional features that can help the users.
Secure architecture
The cryptocurrency exchange platform is end-to-end encrypted. The important components of trading are stored on different servers and only communicate through different channels. The encryption keys are also located on special servers which are very safe and secure.

Conclusion
Cryptocurrency Exchange Development Services is one of the fewest time-consume and money-expendes processes. Although this step is important, it is one of the most challenging processes established in the entire cryptocurrency system. Launching a bitcoin exchange platform is the most essential first step towards setting up your own program system.
For this, you need a significant thought process for the speed of the website, the functionality, and the implementation of the platform on the wallet you are using.
Each business has unique offerings and different target markets though they are in the same industry. With a custom clone website development service, you will get the current business model of reference website and not the older one, a niche-focused completely unique design created as per recent trends and not the same as your competitors, the latest version of technologies and languages to make your website highly secured and future-ready.
An opportunity to outshine the global crypto exchange platform is right in front of you. Making use of this opportunity will help you grow immensely. With no further delay, you can proceed with the process of choosing the best platform development firm for developing your robust crypto exchange platform.