Mariyana George
by on February 27, 2021
32 views

Bitcoin has received a lot of demand from institutional investors due to the bullish run in the market. Hence, the time is right to acquire a cutting-edge Cryptocurrency exchange script which is a ready-made trading platform for the smooth management of digital assets. 

 

What are the Typical Features of Bitcoin Exchange Software?

  • Accurate order matching - The buy and sell orders are matched perfectly by the powerful matching engine. It accepts both market and limit orders ensuring that the crypto traders get the best price for their assets always.

 

  • The provision of sufficient liquidity - Profitable trading deals can be executed easily by the crypto buyers and sellers with the availability of abundant liquidity. It includes market-making options and APIs with the leading external cryptocurrency exchanges in the market. 

 

  • A secure multi-signature wallet - Users can store their crypto tokens safely in the multi-signature wallet. It is backed up by cold storage facilities and traders have exclusive private keys to access their funds without any external influence.

 

  • An integrated referral program - Existing users can easily refer new traders to the platform by sharing the referral link with them. Exciting rewards and discounts on trading fees and transaction charges can be received.

 

  • Spot KYC/AML verification - To comply with the guidelines issued by the regulatory bodies, KYC (Know Your Customer) and AML (Anti-Money Laundering) verification are done instantly for all the registered traders on the platform. This ensures a high level of authentication and prevents unnecessary risks.

 

  • Efficient fund management - Seamless integration is provided with multiple payment gateways and payment solution providers for ensuring effective handling of customers’ funds. Adequate safety measures are in place to prevent misuse of funds.

 

  • Multilingual technical support - All glitches experienced by the users during trading of assets. can be reported to the dedicated 24x7 customer support team They are highly proficient in numerous languages.

 

  • Access to an IEO launchpad - Newly launched crypto tokens in the market can be easily bought by traders through the exclusive IEO launchpad. Crowdfunding campaigns can also be easily executed by listing tokens. 

 

  • A Margin trading facility - Users aiming to increase their returns can take short or long positions on their digital assets by utilizing the margin trading facility.

 

  • Numerous safety measures - Security of users’ funds and data is given top priority in the exchange. Methods like two-factor authentication, end-to-end data encryption, SSL implementation, Transport Layer Security (TLS), internal traffic encryption, source code encryption, jail login, cross-site request forgery protection (CSRF), and server-side request forgery protection (SSRF) are implemented.

 

Analyzing the Working model of a Cryptocurrency Trading Script

 

  • Traders have to register themselves on the platform.

  • KYC/AML verification is done by the platform for the users. 

  • Place either a buy or sell order.

  • Include details about the accepted payment method, choice of currency, and the deadline till which bidding for the assets is accepted.

  • The matching engine automatically connects the buyers and sellers.

  • The buyers and sellers negotiate before executing the trade.

  • The buyer pays off the correct amount to the seller of crypto.

  • The seller receives the amount from the buyer and transfers the crypto assets. 

  • The buyer can back up the crypto assets securely in his/her personal wallet.

 

Conclusion

Cryptocurrencies will transform the future of the global financial system. Get a full-fledged and well-functioning Cryptocurrency Exchange Script to make it big in the market soon. 

Posted in: Business, Technology, Crypto
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