Build centralized cryptocurrency exchange software like Binance
Binance is now the biggest cryptocurrency exchange, of course, with a large amount of transaction volume, it brings the big benefit to owners. And the Binance has become an ideal exchange. If you want to own the centralized cryptocurrency exchange software like Binance, let Exchange Script help you.
The key factors to build cryptocurrency like Binance exchange
The interface is the first thing which attracts users before starting to use the exchange. We always keep up with the trending practices and desires of customers to make a brilliant design combining both beauty and usability.
API is an extremely 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 that 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 considered the most important aspect to process and store the data between users in a secure environment happens.
Testing is the 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.
Cryptocurrency exchange is developed by Exchange Script
Exchange Script provides an array of services to develop the cryptocurrency exchanges based on cutting-edge technologies. If you want to have your cryptocurrency exchanges, we will provide a trading platform at your requirements.
- 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.
- Referral Program
The user gets the commissions when introducing other one registers on the exchange.
- Admin function
Can use all functions such as KYC, Tickets, Referrals program and all transactions.
- Smart contract
Cryptocurrency is exchanged among buyers and sellers through secure and safe smart contracts.
- Cryptocurrency wallet
Cryptocurrency exchanges integrate cryptocurrency wallet, allowing storing multi – cryptocurrency and fiat with multiple payments.
- Against fake
Against the status changes and unexpected actions from the user.
- Risk management
Better risk management to decrease stop loss and increase the transaction volume.
- API Integration
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.
- Margin trading
Borrowing cryptocurrency to trade to get profit and return to the lender at a predefined rate.
- Mobile Application
Users can trade simply in IOS and Android devices.
- Multi-language support
The exchange will support multiple languages such as Vietnamese, Japanese, English,…
Types of order in cryptocurrency exchange
- Market order
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
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
Copy order is an ordering user can receive updates on the top crypto-traders and copy their trades.
- Limit order
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 Order
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
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 Exchange Script?
With many years of experience in Blockchain development, Exchangescript provides a wide range of sectors such as cryptocurrency, healthcare, education, finance, etc.
- Trust in our experience
With experiences from our successful projects, we understand your business. We know what we have to do to make your project successful.
- Trust in our solutions
We’re able to create the solutions that match your needs, function the way you operate and incorporate the workflows you prefer.
- Trust in our results
With advanced technologies, we are committed to providing you with the best solutions and achieving the best results in the business process.
If you want to create a trading bot, please contact us through:
>> See more: Cryptocurrency and Bitcoin trading bots service development company