Wednesday 17 June 2020

A Quick Guide to Understand Cryptocurrency Exchange Development

There has been an incredible spike in Cryptocurrency trading volumes, digital assets have now become a major part of the Fintech industries. With the rise in demand for custom blockchain solutions, major companies are routing for cryptocurrency development services offering fast, secure, and customizable platforms to their digital bid.


Major features that a Cryptocurrency exchange development offers:

  • Multi-signature and encrypted wallets.
  • Progressive trading engine along with order matching systems.
  • Geography-specific user KYC and AML checks for compliance.
  • Liquidity API
  • Payment Gateway supporting multiple payment modes.
  • Supports thousands of cryptocurrencies and all major fiat currencies.
  • Integration of initial exchange Offering module.
  • A multi-language platform for user-friendly trading.
  • All trading options can be availed like a limit order, stop order, market order, and margin trading.

An experienced cryptocurrency exchange development company should be able to develop a secure exchange platform for your business. They guide through the entire process and they should have knowledge about how the cryptocurrency exchange works in different countries in order to provide a proper customized solution that works in the country you belong to.

Simple development process followed by the cryptocurrency exchange development company:

  • Understanding requirements & planning
  • Software integration after checking the jurisdiction of the country.
  • Integration of blockchain & security features
  • Listing of coins & tokens
  • Testing & deployment on a server

Technical aspects that can be integrated into Cryptocurrency exchange development:

  • Trading Bot
  • Atomic Swaps
  • Liquidity APIs
  • Matching Engine
  • Referral Program APIs
  • Crypto Wallet Integration
  • Payment Gateway Integration
  • Security Token Exchange (STO)
  • Multi-lingual & Multi-language support
  • Integrated Initial Exchange Offering (IEO) model

Security features:

  • Encrypted data to safeguard the data & resources against hacking of any sort.
  • Jail login system to control the failed login attempts.
  • CSRF (Cross-Site Request Forgery) protection against state-changing requests.
  • SSRF (Server-Side Request Forgery) protection against the attacks on the system by external web apps.
  • Anti-DDoS (Distributed Denial of Services) protection for the server against numerous requests from multiple resources.
  • Escrow security system for trusted 3rd party or smart contracts to ensure a secure cryptocurrency exchange.


If you are looking for cryptocurrency development services, W3villa Technologies is a renowned cryptocurrency exchange development company, with huge experience with blockchain projects and expertise in developing cryptocurrency exchange platforms with progressive features & functionalities for users to easily transfer & exchange cryptocurrencies securely.

Original Source: https://medium.com/@w3villa/a-quick-guide-to-understand-cryptocurrency-exchange-development-e20199a2f28e

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