What are the key stages of developing a centralized crypto exchange?
I am planning to launch my platform and want to understand where to start. What technologies and security mechanisms are most important? How to ensure high performance and protection from hacker attacks?
Njikiolop Maers
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Jerry Watson commented
Great initiative! Key stages include planning, backend/frontend development, wallet integration, trading engine setup, and robust KYC/AML compliance. Security must cover encryption, DDoS protection, and 2FA. Technologies like Node.js, Python, and WebSocket APIs are widely used. For added protection and fraud detection, consider integrating Generative AI Services — they help in monitoring unusual trading patterns and enhancing real-time security. Wishing you success with your exchange platform!
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Kiloper Ferk commented
After launching a centralized exchange, it is important to attract users and create an active community of traders. Merehead recommends using a comprehensive marketing approach: launching referral programs, partnering with crypto industry influencers, and actively promoting through social networks. It is also important to provide competitive trading commissions, registration bonuses, and a loyalty program https://merehead.com/blog/create-a-centralized-crypto-exchange/. Another important step is to list tokens of popular projects, which will increase interest in the platform. Merehead helps not only with the technical part, but also with developing a strategy for attracting users so that the exchange quickly becomes in demand in the market.