Top 5 Things to Consider When Choosing a Cryptocurrency Exchange Development Company.
A prodigious number of businesses and entrepreneurs globally are moved into the world of cryptocurrency to gain huge profit. Let have a real-time example: In 2019, a number of cryptocurrencies have grown to over 2,300 according to CoinMarketCap value and the market has witnessed incredible entrepreneurs invest money in starting an exchange.
If you are planning to build your cryptocurrency exchange from scratch to the top you need to choose the leading cryptocurrency exchange development
Here are the top 5 factors that will help you in choosing a reliable crypto & bitcoin exchange development company.
1.Enterprise Reputation
The company you would be choosing for your crypto exchange business should be trustworthy and reliable.
You should be assured of your project workflow and then work with the leading development company for your successful business.
The foremost points that you should consider :
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Where the company is located?
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Who runs this company?
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How many employees are working?
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Whether the company has a good portfolio from clients.
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Whether they store data on their own server or partner server.
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Prior dealings of designing/development work.
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Bug-free data source code
2. Distinct features Integration
The company should integrate special and secure features for their customers. The major list of features that you should pay attention to while developing your bitcoin exchange platforms.
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Smart Contracts Powered for Decentralized Trading
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Escrow For P2P
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Token Listing
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Chat Bot Integrated
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100+ Cryptocurrencies supported
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Margin Trading
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OTC Trading
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Multiple Payment Gateway
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Dispute Resolution
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KYC/AML Integrated
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Two Factor Authentication
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Advanced UI/UX
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Private Messaging
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Proximity match
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Admin, Ads, Merchants, Buyer& Seller Dashboard.
Security Features
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Liquidity API
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REST API
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Trading Bot API
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Price Ticker API
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Market Order API
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Anti Distributed Denial of Service (DDoS)
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Anti Denial of Service (DoS)
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Cross-Site Request Forgery (CSRF) Protection
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Server-Side Request Forgery (SSRF) Protection
3. Check Wallet Development Company
You want to check whether the company also provide the wallet for your cryptocurrency exchange website
This is a type of wallet like a hot wallet, cold wallet, paper wallet, etc.
Some company provides the Multisingnature / Multicurrency storage wallet with Mnemonic phrases.
Prime security features can be integrated into wallet development :
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Biometric authentication
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Two-factor authentication
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Password-protected access
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Optimal session logout
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Encrypted private key
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Trusted wallet codes
4. Probe Mobile Application Development
In 21 century, smart gadgets play a vital role from all around people's minds whether it will miss smartphones. The crypto industry comes through easily in-app features for ios, android mobiles. The major technology stack used in the app development process
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Native iOS App using Swift
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Native Android App using Java/kotlin
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React Native cross-platform app for iOS and Android
5. Affordable Budget Development
All enhanced features and security plugins, domain name, maintenance will alway’s handlable to your hands of budget.
Now, you make a research in any domesticated and international marketplace using these five steps to identify the best cryptocurrency exchange development company.
Sellbitbuy is a cryptocurrency exchange development company that survives in the global market for more than 5+ years. They provide a different type of Exchanges in different ways of building security precautions, regulating users, building their network, and building a user experience.
Peer to peer exchange script: A P2P Crypto Exchange Script is a website script that helps to launch a "peer to peer" crypto exchange that works on the concept of decentralization and escrow.
Decentralized exchange script: A decentralized exchange script (DEX) is used to set up a crypto exchange platform without a third-party and centralized control.
Centralized exchange script: A centralized exchange script (CEX) is used to launch any Centralized crypto Exchanges that allow the transaction between a buyer and seller with the presence of a middle man.
Hybrid exchange script: The hybrid exchange script is a companion of CEX and DEx is used to set up neutral exchange platforms.
Did you need a business model of branded bitcoin or ethereum exchange platforms?
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