The Rise of Next Generation Crypto Currency Exchange

Naveen Kapoor
4 min readSep 19, 2018

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Advancements in the world of cryptocurrency have been an uphill journey for anyone involved. The growing popularity of the cryptocurrency market has necessitated the availability of exchanges that offer a reliable online platform between buyers and sellers of cryptocurrency. Crypto Circle eXchange is a one of a kind eXchange rendering pioneer solutions for both investors and traders alike. Crypto Circle eXchange believes that problems are not stop signs, they are guidelines for evolution.

The rationale behind the modeling of Crypto Circle eXchange is to enhance the customer’s trading experience. This is achieved by providing trustworthiness, scalability, customer support, liquidity and high-speed transactions. With its high speed, it is capable of over 10 million transactions per second and has 40 nanosecond latency. Looking forward, Crypto Circle eXchange will be considered one of the best trading destinations, it offers a user-friendly operational interface for both, beginners as well as professional cryptocurrency traders.

Crypto Circle eXchange uses advanced technology that answers all questions related to security, liquidity, speed, scalability loud and clear and removes all apprehensions of cryptocurrency users.

What are the attributes of Crypto Circle eXchange that make it a preferred cryptocurrency exchange?

• Efficient New User Registration:

Validation of new users is done by sending email and SMS codes to customers, which is followed by a safe and secure KYC check to avoid suspicious activity.

• Reliability and Security:

The passwords of customers aren’t stored; AES 256 encryption is used for all sensitive user data. Crypto Circle eXchange also uses CloudFlare to prevent DDoS attacks (Denial of Service) to counter the possibility of interruption of service. Two-factor authentication (2FA) feature is also available to provide extended security for customer login authentication. Security of tokens is provided with an offline multi-signature wallet/vault system for asset protection.

• Anti-Market Manipulation:

Monitoring of suspicious trading activity such as abnormally large trades, wash trades, pass-through trades, layering, hammering, etc. is easily achieved with its real-time market surveillance, supervision, and compliance system.

• Global Compliance:

To offer a safe and legal trading experience to investors globally, Crypto Circle eXchange complies with the rules of EU Market Abuse Regulation, G.D.P.R., US Dodd-Frank SEC regulations, and other international trading regulations.

• Anti-Money Laundering (AML):

There is a built-in AML algorithm to notify administrators of any signs of misappropriation. This is achieved through monitoring of real-time risk and scoring through a machine learning program.

• 24x7 Customer Support:

A 24-hour live chat support system is provided for catering to real-time issues in a timely manner. ZenDesk ticketing system has been employed for tracking all support issues. For added security, during registration time customers answer predetermined questions, that are used later to verify identity.

• Fast Processing and High-Performance Trading:

This exchange platform is developed in the GoLang (Google language) programming language, which provides a faster, more accurate and cleaner coding environment. GoLang can process millions of transactions per second with 40 nanosecond latency.

• Features:

v This platform features Market Surveillance and Risk Management tool to offer analytics and post-trade reporting.

v Copy Trading allows traders the ability to choose to automatically copy positions opened and managed by the trader.

v Trading Bot are software programs that interact directly with the cryptocurrency exchange, and place buy and sell orders on your behalf. The bot trades according to a predefined set of rules that can be defined by the customer and the bot makes decisions by watching the market’s price movements and reacting accordingly.

• Multilingual Support:

The plethora of languages supported by this platform includes Chinese, English, German, Hindi, Italian, Korean, Romanian, Russian and Spanish.

• Crypto Circle eXchange Token (CCX):

Crypto Circle eXchange will issue its own token called the Crypto Circle eXchange Coin (CCX). It is an ERC20 token which runs on the Ethereum blockchain. Besides the CCX token, this exchange will also support trading pairs in BTC and ETH. Fiat to cryptocurrency will be available at a later date.

• Variety of Exchange Application Formats:

Crypto Circle eXchange offers cross-platform trading applications for web-based trading clients, iOS native client, API windows native clients, and Android native client.

In the present cryptocurrency ecosystem, Crypto Circle eXchange outshines its blockchain based counterparts by providing an incredibly safe, reliable, secure and user-friendly exchange. Consequently, customers can join in on the path to revolutionize the way of handling their transactions.

Copy Trading allows traders the ability to choose to automatically copy positions opened and managed by another trader that has a profitable trading history percentage.

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