Cryptocurrency Exchange Development

A cryptocurrency exchange or a digital currency exchange (DCE) is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.A cryptocurrency exchange can be a market maker that typically takes the bid-ask spreads as a transaction commission for is service or, as a matching platform, simply charges fees.

Overview

To create a Cryptocurrency exchange portal. The user will be able to trade cryptocurrencies on this platform. we are going to add a unique wallet address for converting crypto into fiat currency. Sovereign has extensive experience in using jQuery in various stand-alone websites, which as very much required in this case and experience in debugging, solving issues during development. Our developers are active in the Angular.Js community and are constantly abreast with the most recent commits and fixes. The user has to create an account on the website, KYC verification will be done via admin. A dashboard will be provided for every user to monitor his transactions also he will receive email notifications about new transactions successful and failed login from different devices. Sovereign fully understands that software can best meet your goals when its implementation is driven by business and marketing strategy, coupled with savvy creative and technology, to support your unique brand and business attributes. We preferred using a grid approach because of the modularity it offers. The flexibility for editing, updating content was very much required for this website which was made very easy by the use of Angular.Js. When it comes to the daily maintenance (editorial, not the technical) and the continued development of the site, design and content-wise Angular.Js makes it very easy. Engineers at Sovereign have vast experience in PHP, .NET, ASP, MySql and SQL Server

Crytocurrency development portal

Challenges

  • Create unique wallet address from each user
  • Profile creation, Two factor authentication
  • Payment methods
  • KYC verification, status
  • Notifications
  • Reports
  • Email configuration setting
  • API configuration setting

Approach

  • User should have a dedicated Dashboard to make his work easy
  • Live conversion rates, crypto rate into USD and EUR should be displayed on his dashboard
  • Current fiat and crypto balance will be displayed on dashboard and before ,during transactions
  • Every transaction is validated through kraken APIs
  • To withdraw user must add wallet and the user may convert it into fiat currency

Industry

  • Digital Currency
  • Currency exchange portal

Technology

  • Frontend : Angular.Js
  • Backend  : Php, Jquery, javascript, Rest API’s
  • Database : MySql