Crypto exchange has become one of the most profitable crypto businesses in the crypto world and there are many crypto exchanges being developed and launched every month with many new features and benefits. But only a few attract the users of the crypto space and allow them to make better profits and provide the best customer experience.
Features of Crypto Exchange
Here at Dappfort, we offer numerous features with crypto exchange development to our clients as per their requirement and the project need. We have listed out the top features that really helps the growth of the crypto exchange
Trading Features
We have listed a few trading features that helps the users to trade various cryptos based on their market positions
Spot Trading – Spot trading is the most popular form of crypto trading in which assets are sold or purchased at the prevailing market price for prompt settlement. It takes place on spot markets, where traders possess the underlying cryptocurrency and not derivatives. The transaction is done in real-time, and users are free to store, transfer, or sell their assets at any time. Spot trading is best suited for long-term investors and those who like direct ownership without leverage or added risks.
OTC Trading – Over-the-counter (OTC) trading refers to direct buying and selling between parties independent of a central exchange. OTC is utilized for high-volume trades that might lead to price slippage on open markets. OTC desks enable the trades with bespoke pricing, guaranteeing improved liquidity, anonymity, and lower market impact. It is extensively applied by institutions, high-net-worth clients, and companies in need of carrying out large crypto transactions anonymously and effectively without disrupting the open market price.
Copy Trading – Copy trading enables users to copy the trades of professional investors automatically. By connecting their account to a professional trader’s portfolio, users can duplicate their buy/sell strategy in real-time. This process is useful for new users who have no knowledge of the market but wish to engage in trading. Most crypto exchanges provide copy trading functionality with performance monitoring, risk management options, and various trader selection, making it a popular choice for passive income and hands-free investing.
Futures Trading – Crypto futures trading is contracts under which investors promise to purchase or sell an asset at a fixed price on a future date. Unlike trading spot, futures enable speculation on price action without holding the asset. It supports both long (buy) and short (sell) positions and earning profits in uptrends as well as downtrends. Leverage facilitates higher returns, but risks increase. Crypto futures are mostly applied for speculative trading and hedging strategies.
Margin Trading – Margin trading facilitates the users to purchase/trade crypto assets on borrowed funds. Margin trading supports leveraging which makes the way for the traders to place larger orders with a lower amount of capital. For example, using 5x leverage, a trader can own $5,000 of assets using only $1,000. Even though it may lead to higher profits, it carries humongous risks because losses could be more than the capital put in. Margin calls and liquidations in case the direction of the market goes against the trader’s position.
Trading Bot – We can also set up crypto trading bot with the exchange that helps crypto users to automate their trade using pre-programmed algorithms based on the market situations. It constantly processes price movements, trends, and indicators to trade effectively without human emotions. Trading bots are 24/7 active and best suited for high-frequency trading, arbitrage, and market-making strategies. They assist traders in minimizing emotional decision-making, responding immediately to market conditions, and optimizing profits. They must be configured and managed with risk in order to avoid losing money. We offer various crypto trading bots based on the client requirements.
P2P Exchange – A peer-to-peer(P2P) exchange allows users to exchange crypto tokens directly with another person without the need of a central authority or a third person. In contrast to centralized exchanges, P2P platforms bring buyers and sellers together, allowing them to connect directly and process their payment securely without any need for a third party. Transactions are protected by escrow services, which guarantee that funds are released only after both parties have completed their process on both ends. P2P exchanges offer more privacy, reduced fees, and access to several local payment methods, making them a favorite in areas with limited banking access.
Admin Features
Here are a few admin features we offer with our crypto exchange to manage their crypto platform
Dispute Management – The dispute management system provides admins the ability to solve disagreements between sellers and buyers in P2P transactions. It features evidence submission, dispute tracking, and reasonable resolution mechanisms to provide a secure and reliable trading platform.
Admin Dashboard – The admin dashboard offers a unified platform for monitoring exchange activity, user administration, transaction monitoring, and security settings. It provides real-time analysis, system controls, and automated reporting for streamlined platform management.
Token Listing – The token listing functionality allows admins to onboard new cryptocurrencies to the exchange. It encompasses verification procedures, liquidity management, as well as compliance verification to list only valid and high-quality tokens.
Commission Management – Commission management enables admins to define and configure trading fees, withdrawal fees, and transaction commissions. It has adjustable fee structures, revenue monitoring, and automated settlements to maximize the profitability of the exchange.
Features of Crypto Exchange for Users
Here are a few features for the users of the crypto exchange we offer that helps the users in trading
User Dashboard – The user interface includes a customized platform for traders to view their portfolio, monitor transaction history, fund management, and place trades effectively. It provides real-time information, security options, and intuitive navigation.
Multilingual Assistance – Multilingual support provides a smooth experience for international users by providing the exchange in various languages. It assists traders in using the platform, accessing customer support, and trading without language constraints.
Chatbots – AI chatbots offer timely customer support, replying to queries pertaining to trading, transactions, and account management. The chatbots improve the user experience through 24/7 support, prompt trouble-shooting, and automatic replies.
Community Forum – A community forum enables users to interact, share market trends, trading strategies, and get tips from seasoned traders. It creates a cooperative trading environment and increases user interaction in the platform.
Analysis Tools – Integrated analysis features provide traders with real-time charts, market indicators, and historical statistics to enable them to make knowledgeable choices as they trade. Technical analysis, price alerts, and trend monitoring features enhance trading strategies.
Conclusion
Dappfort offers top-notch crypto exchange solutions to the client around the globe with the advanced features and functionalities. Apart from the above listed features we offer other features also based on the project needs. If you are looking to launch a new crypto exchange to the global market connect with our experts and we will get you a crypto exchange development from scratch or white label crypto exchange based on your needs. Just a step forward to bring your crypto business idea to reality.
