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How Does a Cryptocurrency Exchange Work?
The word cryptocurrency has been derived from the term Cryptography that means to encrypt transactions and regulate the assembly of the currency. Bitcoin is a world’s first decentralized peer-to-peer digital currency. The success of Bitcoin has paved ways for the new cryptocurrencies to arise. The open-source nature of Bitcoin has led to the development of hundreds of new digital tokens also known as Altcoins or Bitcoin clones. There are some of the most-sought after cryptocurrencies like Ripple, Litecoin, Dash, Ether, and Monero.In the present era, cryptocurrency has become a preferred choice for online users who are willingly ready to invest online. Excepting few constraints there are not much that could demotivate the virtual currency enthusiasts.
Bacancy assists enterprises and entrepreneurs to integrate Bitcoin and other cryptocurrencies into their legacy systems. Bacancy is one stop cryptocurrency software development partner. At Bacancy, we are proud to dig that we have garnered an unbeatable reputation in the field of cryptocurrency development services.
Whitelabel Cryptocurrency Exchange Software
Building a cryptocurrency exchange platform from scratch is a monotonous task. However, rest assured with our white label cryptocurrency exchange software. We have a pool of skillful experts’ who have in-depth knowledge and extensive experience in building a customized software following your unique requirements.
Our cryptocurrency exchange software has the following features:
- Cost effective instead of building from scratch
- Highly customizable
- Offer liquidity through smart order routing
- 20000 TPS on one node
Tailored to Your Needs
Our flexible crypto exchange software solution includes
Trading Platform
Cryptocurrency trading platform, a one-stop solution for trading most cryptocurrencies across the globe. The trading platform also provides opportunities for trading digital assets, tokens and ICOs.
Margin Trading Platform
Margin trading platform allow traders to open a position with control. The existence of this platform is possible due to the lending market. Lenders offer loans to traders so a large number of coins can be traded, and lenders can earn benefit from the interest of given credit.
Stock Exchange Platform
Give you end users access to pre-define, and custom screens so they scan through stocks, ETFs options and mutual funds. Provide a platform to help your customers invest wisely.
Crypto Forex Platform
It’s an online automatic investment platform, where your customers can trade with confidence and leverage the benefits from a trusted broker with a proven record of security, stability and strength.
Cryptocurrency Buy/Sell Platform
Quick, simple and secure platform to buy and sell Bitcoin and other cryptocurrencies
Crypto Exchange Marketing Services
Our skilled marketing team can help you promote your exchange portal via. SEO and other social media platforms to help you reach your fundraising targets.
The Process of Launching Cryptocurrency Exchange Platform
Requirment gathering and discussion
In this stage, our team of experts gather the client’s requirements and start creating a result-oriented planning strategy accordingly.
Delivery and Maintenanc
After testing, we protect the crypto-coin via a uniqueprivate key, and then it is delivered to the client over asecure medium.
Research
We do in-depth market reserach to look out for the scope of Crypto-currency you want. Our team also researches the targeted market and users who will be benefited.
Testing
Once our developers prepare the code, it goesthrough some tests explicitly designed to check its functionality, features and security.
Implementation
Our developers either start writing the code fromscratch, or we customize the existing code dependingon the type of