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Helped building an online marketplace to be the most advanced and intuitive cryptocurrency exchange platform in Europe.

A marketplace offering the best conditions to trade cryptocurrencies

The platform is a shining star among the centralized cryptocurrency exchanges based at Europe and becoming a cynosure at the world stage by leveraging its modern-day trading features. It is the top-notch exchange with the advanced features like spot trading, marginal trading with the help of best-in-class trading engine capable of executing millions of trade orders within a fraction of a second. The cryptocurrency exchange platform also has the multilingual support which gives the authority to target different users at the niche market.

With the lowest possible services fees, It opens a new opportunity for the normal users to join in the midst of the biggest liquidity pool where they can execute the trader orders in a fair and secure environment.

Services

Technology Consulting

Server Administration

Back-end Architecture

Blockchain

Why trade on this Cryptocurrency Exchange Platform

It offers comfortable and streamlined interface for the betterment of trading

Onchain based exchange

A user deposits either fiat or cryptocurrency into their account and their balance on the exchange is credited. Then he utilizes the exchange’s order book and liquidity pool to buy the desired assets and sell the ones they don’t. However, users have no control of their private key and hence, no control of their funds.

Order matching engine with advanced trading algorithm

A piece of software which keeps a record of all open orders in a market and generates new trades accordingly when the two orders can be fulfilled by each other.

Automated market maker to get the best prices

Automated market makers brought a change to the landscape of trading. The efficiencies and benefits are manifold including new trading models, very low price slippage between the execution of trades, order books for a fraction of the cost, latency on trade calls measured in milliseconds etc.

Leverage the advantages of marginal trading

BitMarket’s marginal trading allows the trader a temporary loan which can be used to buy or short-sell a certain cryptocurrency. It allows a user to buy or short-sell more than he/she otherwise would.

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Challenges:

  • The challenge was to make the system for the client lightning fast, that is also easy to manage and change.
  • Reduce the chances of app crashes in case of an increased user base and also choosing the right tech stack for it.
  • The final deployment of the app - should be error-free across all devices and platforms.

Solutions:

  • We ruled out Java and Node Js and went for plain old PHP to avoid the additional complexity of the tool.
  • We compiled the machine code to create a single executable file that made our lives easier.
  • The deployment was a breeze- easy to change, upload and make it live. The choice of tech stack proved to be right.

Algorithmic Automated trading for the best experience

In the marketplace, each trader’s performance matrices will be shared with the wider community based on their approval. A trader also has the flexibility to trade through different strategies. If the community follows the trading strategies of some traders they will be compensated for each USD that is being traded. Traders will be provided with a demo environment through which they will be able to trade the test their strategies.

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System highlights

Best in class security in technology on exchange font

With the security features like B Crypt hashing technique where all the passwords of the users will be saved and the associated features like cookies management, time session managements the the platform has all the best in class security in Exchange font with countering fishing techniques.

Instant notifications based on the price alerts for token pairs

The marketplace users will be able to set up the price alerts for the token pairs associated with the system and once triggered the alerts will be sent to the user’s mobile/email. The alerts will also send the best-related news associated with the crypto community around the globe. In future, the users will be able to add an alert directly on the price chart.

Full suite of payment services to withdraw money from the account

Users will be able to withdraw money from their account through 7000 ATM’s of Poland using their exchange debit card. Users will be able to store cryptocurrencies in their e-wallet and in futures, they will be able to make payment using their e-wallets through a web portal or the mobile device’s NFC or QR code.