Extobit

Fintech · Crypto exchange

Extobit

An American web-based cryptocurrency exchange.

Extobit

About the project

Extobit is an American web-based cryptocurrency exchange. It combines essential features like exchange rates, market trends and statistics with secure trading.

Duration

9 months

Country

USA

Industry

Fintech

Type of project

Web application

Business Goals

Extobit approached us to fix a cryptocurrency exchange that lacked an accessible UI/UX and struggled under heavy load. The goal was to make it fast and easy for beginners while adding advanced analytics for professional traders.

EXtoBit cryptocurrency exchange dashboard

Key challenges

  • Develop an accessible UI/UX

  • Integrate third-party APIs

  • Deploy secure cloud infrastructure

  • Set up internal integrations

Technical challenges

  • Synchronized data exchange

    Synchronized data between apps via schedulers and webhooks.

  • Isolated backend

    Split the backend into isolated applications for maximum security.

  • Separate applications

    Distinct web apps for end-customers, staff and the exchange API.

  • Tamper protection

    Protected transferred information from malicious tampering.

Solution

Our development team came up with highly efficient ways to synchronize data between multiple backend applications and protect transferred information from malicious tampering.

The design team delivered a simple, accessible trading interface — one exchange takes just two minutes for a first-time user.

On the business side, our analysts defined the must-have integrations and features to keep Extobit competitive: portfolio management, risk forecasting, and market and asset analytics.

EXtoBit crypto trading interface
EXtoBit exchange order and wallet screen

Achievements

We’re proud to be part of Extobit’s success.

  • Active users

    20,000

    in the first month

    Traders joined the platform in the first month after release.

  • Exchanges

    84,000

    in the first two months

    Trades were completed in the first two months.

  • Time to launch

    4 months

    kickoff to production

    From kickoff to a production-ready exchange.

Key features

  • Exchange

    Fast, beginner-friendly asset exchange.

  • Portfolio management

    Track and manage holdings in one place.

  • Algorithmic trading

    Automated strategies for professional traders.

  • Exchange connectors

    Integrations with external trading venues.

  • Market analytics

    Real-time market and asset analytics.

  • Risk management

    Risk forecasting to keep trading safe.

The team behind the project

A team of 13 specialists delivered Extobit. One group owned secure SDLC and software architecture; another focused on design and usability.

Business analysts collected the best practices for crypto exchanges, and QA testing finalized the process to eliminate software failures and security breaches.

Client

  • 1

    PM

  • 5

    Developers

  • 2

    UI/UX Designers

  • 1

    Software Architect

  • 1

    Business Analyst

  • 3

    QA

Tech stack

  • ASP.NET

    ASP.NET

  • MS SQL

    MS SQL

  • Vanilla JS

    Vanilla JS

  • React

    React

  • ES6

    ES6

  • C#

    C#

Let's build yours

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Testimonials

Event10x

Softermii has a hard commitment towards the project delivery on time without any delay.

We ended up by having a very attractive product that can compete with any other virtual platform.

Walid Farghal, Director General, Event10x

Cococure

Excellent programming skills and timely delivery.

They were able to take our poorly documented description and deliver a world-class app.

Folabi Ogunkoya, Founder, Cococure

SoundIt

It's great to know that all of the development is backed up by careful planning.

The app has so far garnered a lot of attention from potential investors. Softermii has very structured project management and utilizes the Atlassian Suite; their team is organized, serious, and professional.

Eriz Zarate, CTO, SoundIt

TempTribe, London

The team is really flexible with picking up urgent bugs.

I found that is a really good working relationship in that sense that the prices are very reasonable and they are accessible even over the weekend.

Duncan Mitchell, Managing Director, Co-Founder, TempTribe, London

Scoby Social

Softermii delivered a technically sophisticated app.

It integrates multi-party video conferences with social media dynamics. These guys proven to be a professional, reliable, and effective partner.

David Levine, Founder, Scoby Social

Dollar Shave Club

I would highly recommend Softermii for any programming needs.

I am consistently impressed by the quality of the work and team effort brought forth by everyone that we've worked with.

Ashley Lewis, VP of Product, Dollar Shave Club

Locum App, London

They were really on top of everything.

They know how important my timelines were and they made sure that they’re dead to them and got everything done quickly.

Reece Samani, CEO & Founder, Locum App, London

ITRex Group

They delivered amazing results and worked through holidays to make sure I could deliver on the project deadline.

The results were consistently top quality and the devs are friendly and responsive.

Shervin Delband, Director of US Operations, ITRex Group

Convo Corp

They had logical, well thought-out plans with different execution strategies that had supported our timelines.

Softermii had created largely acceptable deliverables. The team had been cooperative in fixing and improving areas with logical, well thought-out plans with various execution strategies.

Momina Wahab, Director Agile PMO, Convo Corp

Softermii are great with time management and produce high-quality work.

Because of how satisfied we’ve been with their work on this project, we’re exploring bringing them in on a new project as well.

Muna Al Hashemi, Founder of a Proptech Startup

Luciid

I don't feel they lack in any department regarding getting the job done properly — they are all-encompassing.

They lead a well-planned process to stay within deadlines and budgets and ensure a solid project management experience. The team also praises their ability to incorporate everything they need all around.

Kwesi Peyna, Owner & CEO, Luciid

Their team members were very invested in finding solutions for us.

Softermii brought useful suggestions to the process. The collaboration with developers was close and efficient, and final outcomes for the project are promising.

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