What are Cryptocurrency Exchanges?
Cryptocurrency exchanges are online platforms in which you can exchange one kind of digital asset for another based on the market value of the given assets. The most popular exchanges are currently Bitmex, Binance and GDAX. It is important not to confuse cryptocurrency exchanges for cryptocurrency wallets or wallet brokerages. Cryptocurrency wallets and wallet brokerages generally allow you to buy and sell a small range of popular digital assets (Bitcoin and Ethereum), which you can then send to a different exchange to trade for other digital assets like altcoins. This statement is not entirely exclusive though; most cryptocurrency exchanges will usually limit their users to only trade digital assets for digital assets, but a few allow trades of fiat currencies such as U.S. Dollars for cryptocurrencies. An example of such an exchange is Kraken, which currently accepts funds in the form of USD, JPY, CAD, and GBP, and supports trades with Monero, Ripple, and Litecoin as well as Bitcoin and Ethereum.
See more: How to create your cryptocurrency trading exchange software solution?
The features of the cryptocurrency exchange software platform
VakaFX provides various arrange of services to develop the cryptocurrency exchanges based on cutting-edge technologies using Blockchain. If you want to have your own cryptocurrency exchanges, we will provide a trading platform at your requirements. Below are features of the professional exchange:
- 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 big commissions when introducing other one sign up on the exchange.
- Admin dashboard: using all functions such as KYC, Tickets, Referrals program and watching for all transactions.
- Smart contract: Cryptocurrency is transacted among buyers and sellers through secure and safe smart contracts.
- Multicurrency Wallets: To users can trade any kind of cryptocurrency on the exchange, multicurrency wallets are crucial. The exchange will be integrated cryptocurrency wallet, allowing storing multi – cryptocurrency and fiat with multiple payments.
- Against attack: With the latest technologies, the exchange will 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.
- Fund Management: the exchange enables users to manage their funds in a secure way. With our exchange, give your user an efficient trading platform to verify any number of transactions in the safest.
- 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
Why choose VakaFX?
With the desire to satisfy all customers, we always understand and always try to bring the best services. We are committed to:
- Provide the professional cryptocurrency exchanges
- VakaFX specializes in the development of customized cryptocurrency exchange services that are trustworthy.
- The user manages their asset by themselves
- VakaFX has a team of experts who can consult and develop user-friendly cryptocurrency exchanges website for transactions.
- Reports and charts show the price changes.
- 24/7 customer support.
Conclusion
If you also want to develop your own cryptocurrency exchange platform software, let our team of blockchain experts help you. Start a Crypto Exchange with VakaFX to become a successful crypto entrepreneur now!
If you have any questions, don't hesitate to contact us
- Website: https://vakafx.com
- Email: [email protected]
- Telegram: @vakaxasupport
