A leading Fintech Startup company wanted to create a trading application that would enable users to trade with cryptocurrency and forex. Users could buy and sell cryptocurrency and earn money from commission and transaction fees. The platform would provide beginner, intermediate, and expert-level investors with a trustworthy and secure way of trading and investing in cryptocurrencies.
After due diligence, they decided to partner with Intelegain to build this application based on their experience in developing solutions on Blockchain and Cryptocurrency and their vast experience in Fintech.
Challenge
The platform to be developed had to overcome several challenges, such as:
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Regulatory compliance:
The platform had to follow the laws and regulations of different countries, which can be difficult and expensive. They also had to protect their users’ data and money from unauthorized access.
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Liquidity:
The platform had to ensure that its users could trade fast and at good prices. This was done by connecting with multiple exchanges, offering various trading pairs, and allowing fiat transactions.
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User experience:
The platform had to deliver a simple and smart interface that could suit the preferences of different traders, from novices to experts. It also had to offer advanced features like algorithmic trading, iceberg orders, and index funds.
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Volatility:
The platform had to deal with the high volatility of the crypto market, which can cause huge price changes and risks. It also had to provide reliable and precise market data, analysis tools, and risk management strategies.
Solution
Intelegain implemented innovative solutions to address the challenges faced during the development of the trading platform. The key solutions include:
Robust Security Measures: Intelegain incorporated stringent security measures such as two-factor authentication, secure sign-in with Google, and geo-tagging to enhance the platform’s security and protect user accounts and information.
Intuitive User Interface: The platform features a user-friendly interface with language and currency change options, allowing users to personalize their trading experience. Additionally, it provides notifications for private messages, ensuring effective communication between traders.
Profile Management:
The platform offers comprehensive profile management functionalities, including login and registration, password recovery options, and settings customization. Users can also access security settings, such as two-factor authentication, and define their notification preferences.
Wallet Integration:
Intelegain incorporated an internal wallet for seamless deposits and withdrawals within the platform. Users can securely manage their funds and perform transactions in both cryptocurrencies and fiat currencies.
Advanced Trading Panel:
The platform includes an advanced trading panel with chart/graph screens, order and position management, and various trading options such as buy, sell, stop-loss (SL), take profit (TP), and share buttons. It also supports copy trading with risk multiplier options.
Marketplace:
Intelegain developed a marketplace that enables users to explore and connect with copy traders, signal providers, and fund managers. Users can search for traders, access their profiles, and choose to replicate their trades or subscribe to their signals.
Intelegain’s successfully developed a reliable and secure trading platform for cryptocurrency and forex trading applying all their expertise in delivering technologically advanced financial solutions. By addressing the challenges of security, user experience, scalability, and performance, Intelegain has created a platform that meets the needs of traders at all levels. With its innovative features and comprehensive functionalities, the trading platform offers a seamless and secure trading experience, empowering users to trade confidently in the dynamic world of cryptocurrency and forex markets.
The platform was built on Microsoft ASP.NET Core and MS SQL Server Database and was hosted on Azure Cloud. Best practices and standards were followed to ensure the app is secure and scalable.
If you are interested in learning more about this project or our application development services, get in touch with us at contactus@intelegain.com
Intelegain also offers upto 10% annual discounts on Azure consumption bills.
