The Spotware company launched a new solution called cXchange on September 3. The platform will allow customers to initiate their own crypto exchanges.
This new platform will be one of the most technologically sophisticated crypto exchanges of modern times.
cXchange is All About Innovation
cXchange is an out-of-the-box solution that will allow customers to benefit from its scalable architecture. The platform will boast an “ultra-fast” matching engine that will support all assets. A high-security level is another highlight.
Additionally, Spotware will offer native apps on iOS and Android for its cXchange customers. Moreover, the platform will provide 24/7 customer support.
One of the primary advantages of this new platform will be its user-friendly design and interface.
Alexander Shulman, the CEO of Spotware said, “Many exchanges — even the most popular ones — can at times be complex and not very user-friendly. Exchanges created with our solution solve this issue.”
Further benefits of cXchange include the ease of large-scale transaction customization.
Consequently, the platform will provide a back office solution for account management. Exchange operators can employ the various settings for optimal customization.
Integrating the platform into blockchains will enhance the ease of withdrawals and deposits. Because of this, the software will support the entire user-lifecycle. This will be significantly advantageous to the traders who require rich functionality, technical analysis, charting tools, and order types.
The Platform Features
The platform will list a number of different ERC-20 tokens and crypto tokens of completed ICO projects. Users will be able to do this from within the menu at minimal cost.
Furthermore, cXchange platform also supports fiat trading pairs including fiat vs. fiat and fiat vs. crypto pairs. Both withdrawals and deposits are possible thanks to the integration of e-wallets, payment processors, wire transfers, and crypto wallets.
Operators will be able to define their own terms for acquiring liquidity. This will allow market players to integrate with their exchange by utilizing the FIX API, which is the financial industry standard.
This is, in essence, a PaaS (platform-as-a-service) model. Spotware will continue development of the cXchange platform and ensure proper support and maintenance.
“This should save a lot of time and efforts for those willing to start a crypto exchange business, and they get regular updates and ongoing support,” said Shulman.
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