Everything you need to know about Cryptocurrency exchange development!

1. Everything you need to know about Cryptocurrency exchange development! 

2. What is a cryptocurrency exchange? • Cryptocurrencies are the trend that is currently in favor of the business world. Cryptocurrencies are digital currencies and cryptocurrency exchange platforms are a medium that allows traders to exchange digital currencies for other digital assets or fiat money. • Blockchain is the technology that comes along with the crypto platform, which helps secure, control and verify transactions and protect investor’s interest.

3. Core benefits involved Mentioned, are the most significant benefits that could be obtained from a cryptocurrency exchange development software. • Decentralized platform • Increased Liquidity • 24/7 transaction process • Globalization

4. 100% pre-tested, reliable performance • Advanced API • Smart/ unique user interface • Transparency • Anonymity to the users • Low transaction costs • Blockchain technology  • Enhanced security

5. Overview of all the recent buzz around crypto and crypto exchange platforms • A survey says that, in the year 2018, about 56.90 % of traders signed up at least three crypto exchanges, globally.  • In the year 2019, there was an average of about 704,720 transactions every day, carried out on the ethereum exchange platforms.  • It is said that there were about 42 million blockchain wallet users by the end of the year 2019. 

6. Almost different countries from every part of the world, have adapted cryptocurrencies like India, U.S, U.K, China, Japan, France, Australia, South Africa, Brazil, Turkey, Mexico, Columbia, Spain, Russia, Germany, Denmark, Indonesia, Argentina and more!  • Cryptocurrency exchanges and blockchain technology are evolving tremendously among several industries. It is predicted that, by 2024, cryptocurrency and blockchain would have almost dominated the entire business era and digital currency is the future currency.

7. Now, with the demand and heat for crypto exchange platforms being very much alive, many budding entrepreneurs aspire to develop their own cryptocurrency exchange! • If you are one of them, it is mandatory that you conduct ample research and choose the right method, right platform to do it, to survive and sustain through the wide-spread competitors in the market.

8. Developing Process of cryptocurrency exchange platform • Understanding the client requirement, through market research and developing the exchange that suits their business model. • Acquiring necessary legislation according to the particular geographical location • Digital tokens/ coin creation and personalization according to customer preferences • Secured Wallets creation • Necessary tech support, advanced UX/UI designs

9. Integrating powerful trading matching engines that matches legitimate buyers and sellers for the exchange • Integration of advanced blockchain technology and higher-volume liquidities • Smart contracts integration • Listing the tokens/ coins created for the exchange • Enhanced security integration • These are the most essential steps carried out with acryptocurrency exchange development process. With the rapidly evolving growth and popularity for crypto exchange softwares, developing reliable software is not the endpoint for a successful business.

10. Must- Features for a crypto exchange platform: • Multi-currency support  • Multi-Language support • Secured, multi-currency wallets • Automated KYC/AML  • Advanced API integration • Investor fundraising dashboard • Order sharing

11. Multi-factor authentication • Automated reporting • Liquidity Integration • Payment Gateway Integration • Mobile/ web application support • 24/7 customer queries support • Admin Panel

12. Hire a top, well-recognized cryptocurrency exchange development company! Why? Benefits:  • One hundred percent pre-tested, reliable White-label crypto trading platform • Cutting-edge blockchain technology and smart contracts integration • Decentralized platform • Lesser resources • Time management and efficiency

13. Feature-rich platform • Advanced security integration • Tech support from experts • Cost-effective solutions • The enhanced solution to cater meet the current market needs

14. Conclusion: Cryptocurrencies and crypto exchange platforms are all set to reshape the business sphere. At this point, if you develop a reliable crypto exchange platform with all the mandatory features, robust blockchain technology, and security integrations, potential and profit is a sureshot! So, carry out adequate research, choose the right platform, get your cryptocurrency exchange platform developed, and join the millionaire club!  Website: https://www.blockchainappfactory.com/cryptocurrency-exchange-software Call us @ 1 (760) 284-3163 Whatsapp us @ +91 63826 65366