Centralized cryptocurrency exchange is the most popular exchange in the world. As we know, Binance, Houbi, Okex, so on are centralized exchange with a large amount of transaction volume. If you want to own the centralized cryptocurrency exchange software, let Vakaxa help you.
The key factors to build centralized cryptocurrency exchange
The interface is the first thing which attracts users before starting to use the exchange. We always keep up with the trending to make a brilliant design combining both beauty and usability.
API is a vital factor to ensure the security of cryptocurrency exchange. API will implement these tasks as below:
- User authentication
- A server-side function of an admin panel
- Cryptocurrency bets and deals of the users
- API can be used by third-party organizations
The API can use servers such as Apache, Passenger, etc and can be developed by Ruby or Python programming languages.
Blockchain technology is the most important aspect to process and store the data among users.
Testing is a significant step because it will decide how well the exchange performance is. Testing enables eliminating almost all bugs within logic and UI before the exchange is launched.
The cryptocurrency exchange is developed by Vakaxa
Vakaxa provides a variety of services to develop the cryptocurrency exchanges based on cutting-edge technologies. If you want to have your own cryptocurrency exchanges, we will help you.
- Two Factor Authentication
Two-factor authentication is a method of confirming a user’s identity by using two different factors including Private Keys & QR Scanner.
The users receive the commissions when introducing other one registers on the exchange.
Can use all functions such as KYC, Tickets, Referrals program and all transactions.
Cryptocurrency is exchanged among buyers and sellers through safe smart contracts
Cryptocurrency exchanges integrate cryptocurrency wallet, allowing storing multi – cryptocurrency and fiat with multiple payments.
Against the status changes and unexpected actions from the user.
Better risk management to decrease stop loss and increase the transaction volume.
Any cryptocurrency can be integrated into the exchange with integrating mail and SMS service.
- Payment gateway integration
Users can deposit, send and receive cryptocurrency via Visa, Mastercard, transfers and other methods.
Borrowing cryptocurrency to trade to get profit and return to the lender at a predefined rate.
Users can trade simply in IOS and Android devices.
The exchange will support multiple languages such as Vietnamese, Japanese, English…
Types of order in cryptocurrency exchange
The market order allows users to trade cryptocurrencies at the current price. They can set up a market sell or market buy to protect themselves from going down market.
Stop order is a conditional market order, the users can sell order or buy order at a specified price. The users can place Stop Buy/ Stop Sell to protect themselves.
Copy order is an ordering user can receive updates on the top crypto-traders and copy their trades.
Allow users to trade cryptocurrencies by setting an order. The orders are restricted to slippage market. The user can place a Limit buy or Limit sell.
Buy Stop/Stop Loss order is set when the price is about or below the market price. Its aim is to protect the benefits of the user on the exchange.
P2P trading is Peer-to-peer trading that allows buyers and sellers to discuss a price before the cryptocurrency is exchanged. Only when the buyer and seller agree is the transaction is completed.
Why choose Vakaxa?
With many years of experience in Blockchain development, Vakaxa provides a wide range of sectors such as cryptocurrency, healthcare, education, finance, etc.
With experiences from our successful projects, we understand your business. We know what we have to do to make your project successful.
We’re able to create the solutions that match your needs, function the way you operate and incorporate the workflows you prefer.
With advanced technologies, we are committed to providing you with the best solutions and achieving the best results in the business process.
VAKAXA TECHNOLOGY JOINT STOCK COMPANY
>> See more: Cryptocurrency and Bitcoin trading bot development company for crypto trading
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