Peer to Peer Cryptocurrency Exchange Platform and Trading System

Cryptocurrency Exchange Platform and Trading System

 

Client:

Our client is one of the biggest start-ups in Singapore who are on the mission of reaping the latest financial and technological tools to create multiple platforms that can benefit companies and entrepreneurs to grow their revenue and international reach.

 

Challenge:

The goal of the project was to look after the trading system and implement many of the client’s requirements. This is an on-going project where we started off with a workshop to understand the features of a trading system. Later on, as per the client’s requirements, we turned the directives into a road map of short, achieving milestones followed by timely executions.

 

Our Strategy:

Seeking a technology partner, the client required a software development company, which had successful development projects both in the field of FinTech and had experience with cryptocurrencies. They chose us to modify an existing trading platform that involves both crypto and fiat currencies and the e-trading system.

 

Our Solution:

This project was acquired solely on the basis of the successful previous work we had done with our client.

 

The existing platform has a trading page that allows the user to buy, sell, deposit, and withdraw cryptocurrencies. The admin panel has easy navigation and advanced features. It allows the administrator to fully manage the platform and users. Despite its simplicity, the platform allows users to make up to tens and thousands of transactions per hour.

 

And throughout the platform, our team has implemented many features such as changing the trade limit, revising KYC workflow, cryptocurrencies price calculations and more.

 

Business Outcome:

  • With the changes coming across the trading system, the platform is now working effectively
  • Chimera’s team is maintaining a modern cryptocurrency trading platform offering leverage, supporting up to 4 cryptocurrencies and one fiat currencies, and allowing making both online deposits and withdrawals.

 

Tech Stack:

Java Spring boot, Node JS, HTML 5, React JS, MySQL, Redis, SQS, Bugsnag, Amazon Web Services, Google Cloud Platform, Microsoft Azure, Microservice Architecture, Event logging

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