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Published on August 1st, 2018 | by Steven

White label crypto exchange software

When people under a bit of eagerness or just anxious about knowing the best features of quality white label crypto exchange software, they usually end up taking out findings in the form of analysis. While unwinding the salient features after good analysis, they start implementing it immediately. You can note down some of the important features that should be part of good White label crypto exchange software.

Expected Features in a White label crypto exchange software

  • The cryptocurrency exchange software must be multicurrency, SegWit enabled, multi-signature, high frequency trading platform for digital assets
  • It should support major world fiat currencies such as USD, Euro among others
  • Must have bank level defenses to protect users from hacks such as 3-point architecture and DB encryption
  • Should possess Multi-signature cold wallet and encrypted hot wallet
  • Multiple cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin, Ethereum, XRP, HCX and ERC20 tokens must be supported
  • Feature of Architecture permitting Cryptocurrencies to be added or removed easily as per your requirements
  • Should enables you to conduct geography specific user KYC and AML checks for compliance
  • Shoud include advanced features such as SegWit, BIP-32, Firebase among others

Should possess salient Product Features

  • Order Book with Matching Engine
  • Customer Management System
  • Document Management
  • System for KYC/Verification
  • Wallet Management System
  • Admin Console
  • UI/UX Branding
  • Block Confirmation tracking
  • ERC20 compatible

Illustration of additional Features

  • Pending transaction handling
  • Segwit enabled for Bitcoin
  • 3 point architecture
  • Firebase, firewall implementation
  • Document Management System- KYC/Verification- Geography specific
  • Crypto Liquidity- Integration with other exchanges

Possessing Order Book

  • Bid table offers an overview of the bid table and ask table for BTC mentioning the Bid Id, Amount and Quantity
  • Should include payment order dashboard contains information Name Id, Email id, Phone, Amount and the beneficiary bank details and the transaction status
  • Should illustrate balance monitoring dashboard gives an overview the crypto currency node balance for various crypto currencies
  • Feature of withdrawal request can be approved from the withdrawal request panel, where it will capture the details, customer, beneficiary, bank details, amount, status and action
  • Feature of multicurrency user panel will show the various crypto currency balance at certain instance
  • Should include pending transaction displays the transactions pending for authorization by the admin

Should have Admin Panel

  • Must display dashboard, Users, Buy-Sell transactions, Send-Receive transactions and Users
  • It should give a view of the running exchange and the transactions in BTC for past week, past month and last three months
  • The view user status must show details about the user id, User Name, Email Ids etc. It also portrays the document status of for each user
  • The Buy-Sell tab captures transaction Id, time stamp, amount and description of the transaction
  • Should include view Send-Receive tab captures transaction id, details of sender or receiver like email id, description and timestamp etc.

Possessing Client App Dashboard

  • Must display current balance in BTC and Fiat currencies
  • Should display the current Buy Price and Sell Price
  • Should send cryptocurrency and receive cryptocurrency
  • Feature of Buy cryptocurrency and Sell cryptocurrency
  • Should possess Load balance and withdraw balance
  • Should display history tab showing transaction history for the past week, one month and for six months
  • Must display crypto currency trend for the past one week, one month and 3 months trend.

If you want unique white label crypto exchange software, then go for above enumerated features, which only reward you with more satisfaction and best results.

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