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Important features to build a cryptocurrency exchange software?

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  • Important features to build a cryptocurrency exchange software?

    Cryptocurrency exchanges have expanded into different types, each with its own unique characteristics. Although, there are some crucial features that are unavoidable for any type of cryptocurrency exchange development. Let’s find out what they are.

    Essential Technical Features
    • Major cryptocurrencies and fiat currencies support
    • Multi-Lingual support
    • Automated KYC/AML verification
    • Powerful Trading Engine with the order book
    • High TPS( Transactions Per Second)
    • Multi-currency wallet with multi-signatures
    • Advanced and user-friendly UX/UI
    • Robust Admin backend panel
    • API and SDK integration
    • Enhanced Liquidity
    • Advanced blockchain and smart contracts integration
    • Payment Gateways Integration
    • Pending Transactions Handling
    • Transaction history
    • Integrated referral program

    Essential Security Features
    • Multi-Factor Authentication
    • Private Key security
    • Defined admin privilege, access and account limits
    • HTTPS Authentication
    • Encrypted Data
    • Jail Login
    • DoS( Anti-Denial of Service) protection
    • DDoS(Anti-Distributed Denial of Service) protection
    • CSRF(Cross-Site Request Forgery) protection
    • SSRF(Server-Side Request Forgery) Protection
    • HTTP Parameter Pollution Protection
    • Escrow System

    The above mentioned are all the core technical and security features for any exchange to run risk-free and hassle-free. If you want to build yourself one such feature-packed exchange, conduct extensive research and choose the right cryptocurrency exchange development company.