Crypto Trading Platform

Business Problem

The client encountered multiple business challenges that underline the need for a web-based trading platform. These challenges include:

The client's market reach was limited to a localized area or specific customers without a web-based trading platform, limiting access to a broader market.
Looking for a web-based solution that ensures secure and seamless cryptocurrency trading for their users, minimizing risks and simplifying the overall trading experience.
Traditional trading methods often lacked comprehensive analytical tools and robust reporting, hindering insights, trend identification, and data-driven decision-making.
The client's access to real-time market data, including pricing, trends, and news updates, was limited. This restricts their ability to make informed trading decisions and capitalize on profitable opportunities.

Business Benefits

The platform provided the client with cost-effective alternatives to traditional trading methods, resulting in reduced overhead costs, lower transaction fees, and streamlined processes, leading to significant cost savings for their business.
By automating various trading processes like order execution and settlement, the platform reduced the need for manual intervention, resulting in increased operational efficiency and streamlined workflows.
The platform offered real-time market data and analytics, enabling data-driven decisions, opportunity identification, and risk mitigation for the client.
The platform allowed client to tap into a global market, reaching potential customers beyond geographical boundaries and increasing trading opportunities.
A user-friendly and intuitive online platform enhanced the overall customer experience, offering convenience, flexibility, and access to a wide range of trading features and tools.
The platform can accommodate a growing number of users and increased trading volumes, allowing client to to scale their operations effectively.
The client discovered a reliable offshore technology partner offering cost-effective and scalable solutions, ensuring quality, security, and timely project delivery.

Solution Overview

ConvergeSol assisted the client in building a web-based Cryptocurrency Trading Platform that enables secure and seamless buying and selling of digital assets, ensuring a smooth and reliable experience for users. The platform is designed to handle complex trading operations while maintaining high levels of security and performance.

The solution integrates with multiple web services and worker jobs to synchronize customer account data and cryptocurrency asset data from platforms such as NetSuite Accounting/Financials CRM, Metaco, BitGo, and more. The project followed Agile methodology, enabling continuous incremental delivery, with JIRA used as a task and bug-tracking tool to streamline project management and issue resolution.

Key Features

Account Management

Users can create and manage their trading accounts, including account registration, verification, and funding options.

Trading Dashboard

A user-friendly interface that provides real-time market data, charts, and order placement capabilities for buying and selling currencies.

Order Execution

The platform offers efficient and reliable order execution, allowing users to place market orders, limit orders, and stop-loss orders with minimal latency.

Charting and Technical Analysis

Users can utilize powerful charting tools and technical analysis indicators to analyze currency price movements, identify trends, and execute trades.

Security and Account Protection

Strong security measures, including encryption, two-factor authentication, and segregated user accounts, ensure the safety of user funds and personal information.