Cryptocurrency Exchange Development
KYC enrollment and verification process on Cryptocurrency Exchange.
Real time buy and sell of cryptocurrencies with Limit and Market order facility.
Support 50,000 trades per second.
High efficiency in tracking transaction confirmations on the blockchain.
Cryptocurrency Exchange Development- A high speed trading system able to handle high volume trades per second.
One step KYC: Complete user enrollment after using a one step KYC with Banking and 2FA setup.
High speed trading: Implementation of trading engine that supports FIX protocol and tested with 100,000 trades per second.
Blockchain monitoring: Real-time monitoring of the blockchain with support for 8 coins and 15 tokens to help in instant transaction processing.
Tier based fee calculation: Calculation of fees based on trading volumes and multiple schemes for greater ROI to traders.
API access: Full API access to traders for trading and transfer of currencies for automated algorithmic trading.
Neebal assembled a team of Blockchain experts and business analysts to survey and understand the problem areas to be addressed in process of Cryptocurrency Exchange Development.
Key Pain Points
A survey was performed to identify problems faced by cryptocurrency traders on other platforms and this helped identifying the common problems faced in Cryptocurrency Exchange Development.
Designing the Solution
The solution architect created and introduced a flexible integration mechanism that helped in seamless integration of a multitude of cryptocurrencies. This scalable mechanism is a key to meet the client’s ever-incrementing cryptocurrency integrations.
Securing The Application
A two factor authentication was implemented to secure cryptocurrency deposits and withdrawals.