How to Build a Cryptocurrency Exchange App

Pratik Rupareliya
Mar 16, 2018 · 7 min read

The popularity of cryptocurrencies as a medium of exchange worldwide has soared to great heights. In fact, Bitcoin’s popularity continues to grow every passing month. In such a promising market, entrepreneurs and opportunity-seekers want to leverage the opportunity to enter the market with a crypto product. And in a state of massive hype, what can be better than a cryptocurrency exchange app?

The demand for cryptocurrency exchange apps will continue to rise with the growing trading volumes worldwide. In such a scenario, launching a high-end crypto exchange app is far better choice than thinking of ways to mine bitcoin tokens. By being an intermediary and handling transactions efficiently, an entrepreneur can earn enormously.

The global blockchain market size is expected to reach $57 million by 2025.

The Rise of Cryptocurrency Exchanges

Developing a cryptocurrency exchange: Points to ponder

• Operational scope

• Regulations and compliance

To comply with regulations, it is important to integrate a customer verification API in the exchange and develop a backend database to keep a proper record.

• Payment processing

With the help of an efficient payment processing partner and a payment gateway API, you would be able to give users the power of adding and withdrawing funds as they please.

• Liquidity management

(Image Source: Intuz.com)

Liquidity is an important aspect for the success of a cryptocurrency exchange marketplace. The trades at an exchange drive its liquidity position and without bustling trading activity, no cryptocurrency exchange can survive. In order to manage liquidity at your exchange, you will need to integrate your cryptocurrency exchange’s liquidity position to other existing exchanges.

This can be done with the help of a modern API interface that shares liquidity and trade volume data between two exchanges. Being a part of crypto exchange network is also beneficial in improving liquidity position.

Build High-grade security standards for customer data

Create customer support channel

• Cryptocurrency support

(Image source: TechCrunch)

According to Coinmarketcap, there are more than 1500 active cryptocurrencies in the market. In fact, the rate of introduction of new cryptocurrencies spiked with the introduction of Ethereum platform that offered the ability to launch a new cryptocurrency without much hassle. In a competitive era, it is important to decide the number of cryptocurrencies the exchange will support.

The greater number of cryptocurrencies a platform support, heavier will be the investment in the development of dedicated APIs to fetch historical values, real-time charts and placing buy and sell orders.

Essential components of a cryptocurrency exchange app

(Image source: Intuz.com)

Once you are through with major decisions regarding cryptocurrency exchange business, you need to get a clarity about the basic architecture of a cryptocurrency exchange app. Any cryptocurrency exchange app has to be fast, intuitive and highly-functional in order to succeed. For meeting these objectives, the app should possess the following components:

1. Trading Engine

2. Front-end User Interface

3. Cryptocurrency Wallet

4. Admin Console

Apart from these basic features, every cryptocurrency exchange app should have additional features that can be developed after gathering user feedback or by analyzing the top exchange apps worldwide. Let’s have a look at the critical components of the app in detail:

Trading Engine

Setting up a trading engine should be a priority while building a cryptocurrency app. Without a functional engine, a cryptocurrency app is nothing but an empty shell without any value.

Front-end user interface

  • User registration and login
  • Fund deposit/withdrawal
  • View order book, transactions, balance, statistics, charts, etc.
  • Buy/sell orders
  • Support features

Cryptocurrency wallet

A wallet is a daemon on the exchange server that can be integrated into the cryptocurrency exchange app with the help of a script or API that suits the purpose.

Admin console

How will I get exchange software?

· In-house development

· Using Open-source script

· White label exchange software

How much time and cost does it involve to build a cryptocurrency app?

There is no doubt in saying that the popularity of cryptocurrency has been evolved. Now every business is thinking to develop its cryptocurrency app. But one question always revolves in their mind and i.e. how much time and cost does it involved to create a cryptocurrency app?

To know this answer, it is important to first understand the whole process methodology which is involved in the cryptocurrency app development.


Incorporating the above components into an app will surely lead to a highly-functional cryptocurrency exchange app. If you seek expert assistance or complete development support with regards to cryptocurrency exchange, Intuz can help. Intuz expert team has strong knowledge about relevant APIs, development stacks, and solutions that can accelerate the pace of cryptocurrency exchange development. With this, any entrepreneur can roll out a highly-efficient cryptocurrency exchange app without getting into the hassle of understanding the technical aspects. Looking for expert tips or guide? Contact Intuz today!

Also check my new article on: How to Launch And Market Your Own Cryptocurrency/ICO

I hope this may help you to understand basics of cryptocurrency app exchange. The article was originally posted at Intuz.com

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Pratik Rupareliya

Written by

Techno-commercial leader heading Intuz as head of Strategy.

The Startup

Medium's largest active publication, followed by +664K people. Follow to join our community.

Pratik Rupareliya

Written by

Techno-commercial leader heading Intuz as head of Strategy.

The Startup

Medium's largest active publication, followed by +664K people. Follow to join our community.

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