What is it?
I suppose you already know what a cryptocurrency exchange software is. If not, I will give you an idea really quick. Just a skeleton idea I mean.
The cryptocurrency exchange software is simply a platform that enables people to exchange fiat for cryptos, cryptos for cryptos and so on. This platform also has many features and mostly provides a wallet when signed up.
Cryptocurrency exchange software is the need of the hour, and you know it if you’ve done enough research for a crypto business plan. Being one of the most lucrative business ideas, this stands tall among the rest and gives hope to emerging entrepreneurs.
An exchange software lets people exchange multiple cryptos without the need of an intermediary. The steep increase in the number of new altcoins makes the need for well-crafted cryptocurrency exchange software skyrocket in recent years.
The two broad types
Any cryptocurrency exchange software development company you approach will develop two different types of cryptocurrency exchange platforms. One offers you the high benefits of liquidity (centralized) while the other gives peer-to-peer benefits (decentralized).
Both types are unique and powerful in their own way. However, depending on your business requirements, you can choose either of the two. In case, you are keen to get the features of both centralized and decentralized exchange software combined, the best crypto exchange software company should be able to deliver it.
What is the backbone cryptocurrency exchange software development?
Multiple blockchain platforms are utilized to bring out the best and the most scalable products. Here is the tech stack for you to have a look at. Do tell me your preferences and specifications.
- Hedera Hashgraph
- Hyperledger
- NEO
- Credits
- EOS
- IPFS
- Solidity
- Metamask
- Truffle
- Zeppelin
Unique Dashboard features
1.Balance details
- Account balance
- Estimated value
2.Announcement
3.Recent account activities
4.Account security verification
- 2FA
- Identity Verification
- Anti-phishing code
- Withdrawal whitelist
5.Open Orders
6.Distribution history
7.Trading fee level
- Deposit & Withdrawal fee for each token
Last few words
There are numerous other features when it comes to wallets, admin and user panels. But all that in the next blog.
Do you have anything to ask? Keep me posted in the comments below. Also, if you are looking for cryptocurrency exchange software development companies, I could help you with it. But do reach out.
