Droidfeats
No Result
View All Result
  • Login
  • APPS
  • WALLPAPERS
    Google Pixel-6 Pro

    [2160×2400] Google Pixel 6 series new wallpapers – Download in High resolution

    OnePlus 9 Wallpapers [Download ZIP]

    iPhone 12 Pro Max Wallpapers / Live (HQ resolution) in ZIP

    Google Pixel 5 Wallpaper

    Download Google Pixel 5 Wallpapers and Live Wallpapers in ZIP (1080×2280)

    Samsung Galaxy S20 FE Wallpapers Stock Collection [2400 x 2400 pixels]

    Download Asus ROG Phone 3 Wallpapers – Gaming (2340×2340 resolutions)

    macOS Big Sur wallpapers

    Download WWDC ’20 (iOS 14 + macOS Big Sur) wallpapers in 5K resolution

    Google Pixel 4a wallpapers

    [ZIP] Download Google Pixel 4a (HQ) Wallpapers (Official designs)

    Xiaomi Black Shark 2 Pro Wallpaper

    Download Xiaomi Black Shark 2 Pro Stock Wallpapers (1440×3120 pixels)

    Trending Tags

    • Wallpapers
  • #TheBest
    • Get Google Camera
    • USB Drivers
    • Get Xposed Framework
    • Get Magisk
    • Get SuperSU
    • Get Play Store
    • Get ADB binaries
    • Get YouTube Vanced
    • Theme engine
  • Commands
  • BloatwareHOT
USB DRIVERS
MAGISK ROOT
  • APPS
  • WALLPAPERS
    Google Pixel-6 Pro

    [2160×2400] Google Pixel 6 series new wallpapers – Download in High resolution

    OnePlus 9 Wallpapers [Download ZIP]

    iPhone 12 Pro Max Wallpapers / Live (HQ resolution) in ZIP

    Google Pixel 5 Wallpaper

    Download Google Pixel 5 Wallpapers and Live Wallpapers in ZIP (1080×2280)

    Samsung Galaxy S20 FE Wallpapers Stock Collection [2400 x 2400 pixels]

    Download Asus ROG Phone 3 Wallpapers – Gaming (2340×2340 resolutions)

    macOS Big Sur wallpapers

    Download WWDC ’20 (iOS 14 + macOS Big Sur) wallpapers in 5K resolution

    Google Pixel 4a wallpapers

    [ZIP] Download Google Pixel 4a (HQ) Wallpapers (Official designs)

    Xiaomi Black Shark 2 Pro Wallpaper

    Download Xiaomi Black Shark 2 Pro Stock Wallpapers (1440×3120 pixels)

    Trending Tags

    • Wallpapers
  • #TheBest
    • Get Google Camera
    • USB Drivers
    • Get Xposed Framework
    • Get Magisk
    • Get SuperSU
    • Get Play Store
    • Get ADB binaries
    • Get YouTube Vanced
    • Theme engine
  • Commands
  • BloatwareHOT
No Result
View All Result
Droidfeats
No Result
View All Result

How to create your own Crypto Exchange platform (3 important pieces of advice)

Saeed Ashif Ahmed by Saeed Ashif Ahmed
0

Cryptocurrency is popular around the world. Exchangers and exchanges are the ways to buy, sell and transfer different cryptocurrencies. But if you need to create your own exchange platform, we can give some advice.

Contents hide
1 1. License
2 2. KYC
3 3. Liquidity and safety
4 What difficulties can arise when creating a cryptocurrency exchange?

1. License

It is necessary to decide which market your stock is aimed at – whether it will work on a global scale or limited to a specific region or country. In addition, appropriate permits and licenses for the company are required so that the service meets the countries’ requirements and standards in which it will work. The laws in each state are different. Therefore, the consultation of the expert may be required. He will tell you how best to comply with the requirements for impersonation and action.

2. KYC

Currency exchange companies must comply with the KYC standard. The KYC (Know Your Customer) habits oblige the company to check its customers’ personalities and collect free data and other information. The main goal is to prevent money laundering. Make sure you comply with the relevant requirements of your country. Some passages take up to two days. A bank with fast and efficient calculations will be convenient for the clients of the company. Replenishment and withdrawal of funds can be realized by creating a payment gateway or even using the usual money transfers.

3. Liquidity and safety

For successful work, any anonymous crypto exchange needs liquidity. Customers do not dare to place an operator or refill their accounts on the spot without explicit trading activity. New trades are, in a natural manner, faced with a lack of liquidity.  


It is necessary to ensure safety. The exchange should guarantee reliable protection of the money of traders and operators, as well as the personal information of clients. Data leaks from cryptocurrency exchanges are a serious problem. So, on the sadly famous Mt. Gox, the hacker attack remained unremarked for many years. As a result, 1% of the total number of bitcoins in circulation was stolen. According to Reuters, in the period from 2009 to 2015, one-third of all existing cryptocurrency exchanges were hacked. In other words, safety should be the main priority. Finally, customer support is another important part of a successful company.

What difficulties can arise when creating a cryptocurrency exchange?

I would like to warn you right away, if you hope that your project’s preparation will take place without overlaps and you will succeed the first time, then this will not be so. At each stage, whatever the preparation, a variety of problems can arise:


  • If they are not detected and eliminated in time, then subsequently, this can lead to serious damage to the reputation of the exchange and its financial condition. Various software bugs or intentional vulnerabilities can lead to such consequences.
  • Difficulties can also arise if the legal registration of various papers and permits to conduct activities is incorrect. Therefore, at this stage, close cooperation with qualified lawyers is necessary.
  • When choosing banks and payment systems, you should also pay attention to their reputation. Indeed, in case of any problems on their part, the main negative of users will be in your direction, even if nothing depends on you.

Be that as it may, when launching a cryptocurrency exchange, the first time, you need to be prepared for any surprises. And only in the course of time, when the main flaws are eliminated, can you afford to relax a little.


ShareTweetPin1Share
Previous Post

Best OnePLus 7T phone cases to buy in 2021

Next Post

5 solutions to fix memory card not recognised on Windows PC

Saeed Ashif Ahmed

Saeed Ashif Ahmed

Saeed Ashif Ahmed is a Blogger who has a keen interest in how emerging technology can help the world become a more just, equitable, and kind place. He enjoys interviewing CEOs of tech startups asking them what they are doing to bring greater opportunity and equity to our society.

Related Posts

Tips

THE 7 best Nintendo DS emulators for Android (Download)

June 27, 2022
Pro Contributor

The key aspects of Microsoft 365 services consulting

June 22, 2022
Tips

[All-in-One] Thread to remove all the Bloatware from Android without ROOT in 2022

June 21, 2022
Tips

How the smartphone has revolutionised people’s lives

June 21, 2022
Tips

How to choose the right technology when building a mobile app

June 21, 2022
Tips

5 Tricks to get famous on social media faster

May 31, 2022
Next Post

5 solutions to fix memory card not recognised on Windows PC

Educational Technology Phenomenon

FamiSafe: Reliable and trustworthy parental control app with location-tracking features

The Best Android Games to be released in 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

No Result
View All Result

Recommended Stories

THE 7 best Nintendo DS emulators for Android (Download)

June 27, 2022

7 Best tools for viewing photo metadata in 2022

June 25, 2022

Guide to disabling virtual number apps

June 25, 2022
Droidfeats

Droidfeats brings you the best tutorials and tips for Android firmware, tools, mods, themes, roots, and other hacks.

Disclaimer: DroidFeats.com isn’t affiliated with either Android or Google in any way!
LEARN MORE »

Tips

THE 7 best Nintendo DS emulators for Android (Download)

The key aspects of Microsoft 365 services consulting

[All-in-One] Thread to remove all the Bloatware from Android without ROOT in 2022

How the smartphone has revolutionised people’s lives

Popular Apps

Best VPN Service Providers (Buyers Guide and Review) for 2022

Gcam Port Hub (all device list): Best Google camera for your Android

Download YouTube Vanced APK V15.05.54 (with Guide)

Solitaire Gold: The best solitaire game in the market

No Result
View All Result

Wallpaper Gallery

Google Pixel 5 Wallpaper
  • Advertise
  • About us!
  • Privacy Policy
  • Terms & Conditions
  • Contact

© 2017–2022 | All Rights Reserved

No Result
View All Result
  • About us!
  • Advertise
  • Contact
  • Home
  • Job
  • Privacy Policy
  • Terms & Conditions

© 2017–2022 | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.