Though cryptocurrency platforms are in high demand now, it does need technical expertise to make it successful in the competitive market. While compliance with regulations laid down by authorities, registration of the company and following the KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations are mandatory, the below-mentioned features are a must-have in every exchange.

• Liquidity - Presence of sufficient liquidity boosts trading sentiment and investor confidence. Some steps to boost liquidity are by creating artificial bots, sharing the liquidity with outside API’s of other leading exchanges. A high level of liquidity ensures faster order processing.
• User interface - An intuitive user interface is needed for the smooth operation of daily activities on the platform. It should be appealing as well as convenient. Modifications must be done to suit changes in language and global preferences. Those who are not so comfortable with technology must find it simple to execute their operations. A well-designed layout and easy mode of navigation should be accompanied by regular testing to maintain its efficiency.
• Trading engine - Apart from matching buyers and sellers orders accurately with low latency, it must support different order types such as market, limit and stop order. The trading engine must also display each investor’s portfolio on a real-time basis.
• Admin panel - It acts as a central management console to take care of all the functions in the platform. An admin panel manages accounts, updates user activity, monitors fund transfers, verifies a trader’s identity and handles wallets. It has to be kept secure enough.
• Wallet management - Apart from storing the coins or tokens of investors safely, it executes all the buy and sell orders. There will be a mix of hot and cold wallets for managing the funds. It must be safeguarded from hacks for providing a trustworthy trading experience for the users.

Make sure to implement the above features by convincing your exchange platform development company. Get in touch with the well-versed developer team of BlockchainApp Factory for making the most of this emerging business opportunity. In the end, experience the benefits of security, scalability and customization.