There was a time when people used to gain cryptocurrencies through crypto mining or arranging transactions in different forums. Then, with the popularity of cryptocurrencies, there came a huge demand for exchanging cryptocurrencies. It led to the emergence of crypto exchange development. A crypto exchange platform facilitates buyers and sellers to interchange cryptocurrencies like Bitcoins, Ether, and more. Apart from digital currencies, a crypto exchange offers a range of other tokens, including NFTs. Many businesses are now stepping into the crypto market due to these advantages. They are launching different crypto exchange platforms to tap into this market. But making your platform unique is crucial to stand apart from the crowd. This blog will give a brief about some features of crypto exchange platforms that can make all the difference.
Crypto Exchange Platform Features
Features of a crypto exchange platform vary with its functionalities. So, you must know the type of crypto exchange you want to develop to decide on the features.
Below we have covered a list of basic as well as advanced features of a crypto exchange platform:
Must-Have Features
There are some basic features that a crypto exchange platform must have, including user authentication, user interface, crypto wallet, transaction history, and more. We have curated a list of these features below:
User Authentication
User Friendly Interface
Analytics Tools
Secure Crypto Wallet
Push Notification
Admin Panel
Trading Engine
Advanced Features
Apart from the basic features, you can also add the following advanced features to make your platform stand out from the competition:
Robust Information
Cryptocurrency Range
Interest Earning
Payment
Security
Customer Service
Conclusion
All the above features can create a unique crypto exchange platform. However, knowing these points is not enough. You also have to incorporate these features into your platform. Oodles Blockchain is the ideal team if you want to add such features to your crypto exchange platform. We have a team of blockchain and crypto developers with expertise in crypto exchange platform development. Connect with us today.
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If you want to implement a powerful crypto exchange platform, you need to understand the significant factors that help to popularize your exchange platform and renders more funds.
Choose the confined country or region where your exchange business will work and get licenses based on their regulatory system.
Analyze the feedback & reviews given by the customers about the company and then make your decision as per your requirement.Fix Your Payment ProcessorThe best part of crypto exchange development is implementing a payment processor.
Choose the payment processor or appropriate payment gateway API to allow users to perform seamless and smooth cryptocurrency trading.
Fix the payment processor that has low transaction charges and attract more crypto traders into your exchange platform.Establish High LiquidityLiquidity is essential to run a crypto exchange business.
Attractive User InterfaceDevelop a simple, easily understandable, and convenient user interface in your exchange platform to enable users to perform trading without any hindrances.
