Uploaded on Feb 18, 2020
PPT on All about Cryptocurrency Exchange development.
All about Cryptocurrency Exchange development.
ALL ABOUT
CRYPTOCURRENCY
EXCHANGE DEVELOPMENT
Cryptocurrency
The economic world has changed drastically
with the introduction of blockchain
technology and cryptocurrencies. The
popularity of cryptocurrency has reached its
massive peak.
hackernoon.com
Why cryptocurrency exchange?
As mining has become difficult, ICOs have
huge competitions and volatile rates,
exchange services are now in the spotlight.
Continuous growth of coins has increased
demand for exchange services.
em360tech.com
Types
Exchange types are regular exchanges, which
is the traditional method of trading, peer-to-
peer exchange and cryptocurrency brokerage
firms, which allows you to fund coins using
real money.
coindesk.com
Exchange software
development
Software services should include augmenting
online trade business with an efficient,
secure and robust exchange platform
including crypto and asset management.
cryptodigest.com
Requirements of the software
The software must have web and mobile
adaptability, scalable architecture, advanced
user-friendly interface, blockchain APIs
development, highly configurable admin
console and strong security.
techcrunch.com
Starting an exchange software
There are three different ways of starting
a cryptocurrency exchange software. It
can be by using a white-label solutions
software, open-source solutions or custom
software development from scratch.
Steps
Steps which have to be followed to setup an
exchange development service are choosing
the right location, obtaining license,
generating funds, finding a reliable
technology partner etc.
techcrunch.com
Strategies
Some of the strategies to be followed for
cryptocurrency exchange development are
connecting other exchanges for added
liquidity, implementing high security, 24/7
live support features etc.
Time and costs
A cryptocurrency exchange can be
created in approximately 6-8 months.
Ample time will be needed for the team
to give the best features. You will have to
pay a one-time fee of about $80,000.
espay.com
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