bitHolla Newsletter — April to May 2020

bitHolla Team
Jun 12, 2020 · 3 min read

The future is big business. We only need to look at the amount of crypto being locked up into DeFi indicating growing confidence in the crypto markets. The majority of these new projects are locking up assets within the ERC-20 realm (see figure below).

Last 90 days shown an 81% gain in the amount of collateral locked up in DeFi showing growing confidence in using crypto as an alternative financial network.

Busy BUIDLing. It has been no different for bitHolla with more XHT being locked up as more exchanges come online, the last two months have been revealing.

We’ve also run some user-testing experiments which have proven that there is a great need for easy-to-use and affordable exchange software that also allows for coin creation built right into the package.

For those that want to get a preview of what others have been doing with the HollaEx Kit you can visit here.

So without further ado, here is what happened for the last 2 months:

  • Built and opened up a small exchange onboarding process for random clients for our cloud exchange that allows anyone to self-setup and start a full exchange system for testing purposes priced at $300 for one month. Exchange setup requires no technical knowledge and anyone can follow simple steps to start an exchange service. (setup your exchange here)
  • Onboarded a few clients from the US to Europe with the new streamlined onboarding pipeline for them.
  • From research, liquidity options for these exchanges is will be a much needed added feature that will be addressed via the HollaEx Exchange Network (coming soon!).
  • We’ve released HollaEx Kit v1.5 which now allows an exchange operator to customize his exchange and its branding as well as many refinements in the exchange creation and setup flow. It is a big step towards exchange WordPress vision that allows anyone to run an exchange. You can read more about this release here.
Self-customized exchange theme created in minutes via the new admin theme settings.
“This is perhaps due to more people being online while they are stuck in quarantine, trying to make living online trading crypto,” Beikverdi added.

What’s next:

  • Design and architecture of HollaEx Network as an open exchange network for anyone to join with the HollaEx Kit and connect to our shared liquidity pool.
  • Automated bitHolla Cloud infrastructure for deploying and hosting client exchanges.
  • Planning and strategies for the future of Vault both within our HollaEx exchange network and outside as a standalone service.
  • Integrating card payment processing for our exchange client.
  • XRayTrade 2.0 design implementation and testing.

To read the full story visit bitHolla Blogs

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bitHolla

Future-proofing finance through white-label crypto exchange software, wallets & coin creation tool.

bitHolla

✅bitHolla provides the easiest-to-use white-label crypto exchange software called HollaEx Kit. The kit provides all the tools needed to make a crypto service such as an exchange, wallet, and other crypto financial services. Set up your crypto platform free & connect your website.

bitHolla Team

Written by

bitHolla

✅bitHolla provides the easiest-to-use white-label crypto exchange software called HollaEx Kit. The kit provides all the tools needed to make a crypto service such as an exchange, wallet, and other crypto financial services. Set up your crypto platform free & connect your website.