Build centralized cryptocurrency exchange software like Binance
Binance is a new entity in the digital exchange market but it is already valued around $2 billion. There are two important factors that attracted many people to start work with them.
- A clear and transparent idea generated by an extremely skilled team with experience in exchange trading.
- The big number of Initial Coin Listings, as well as very low trading fees, compared to other companies in the industry.
A user is only charged 0.01% off every trade made and small fees are charged for currency withdrawals as well. In less than 6 months, Binance managed to become a highly profitable company with almost 3 million users globally and around 100 digital currencies in trade.
By considering the popularity of the crypto exchange all over the world now, creating a best cryptocurrency exchange software for one’s own cryptocurrency exchange company can bring a great profit in very short terms.
Design:
In order to develop an outstanding design with both beauty and usability, the latest trending best practices and feedback from user experience are taken into account. The design creation includes the following stages.
- Wireframes
- Prototype
Client-Side Development:
The web part contains the client-side logic of all the pages of the website and is based on the design created previously. Front-end developers make the design to work by HTML, CSS markups, and Javascript programming language that includes React.js, Angular.js, Vue.js frameworks.
API:
It is the backend part of the application that is not visible to the end user. The app's server part is responsible for performing the application’s internal logic and handling many other basic functions.
Blockchain:
This part is responsible for processing and storing data concerning trades between users in a secure environment. Any alteration by any party is impossible when blockchain is used.
Testing:
Testing is extremely important as it allows distinguishing and eliminating most of the bugs within the logic and the UI before actually launching the application.
A crypto exchange platform is a market with the provision of services such as enabling users to buy and sell the cryptocurrencies based on their requirements but charges a commission for successful transactions.
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