Extobit
The accessible cryptocurrency exchange of the new generation
About the project
Extobit is an american web-based cryptocurrency exchange. It combines essential features like exchange rates, market trends and statistics as well as secure trading.
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Duration
9 months
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Country
USA
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Industry
Fintech
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Type of project
Web application
Business Goals
Extobit approached us with the need to fix cryptocurrency exchange. The exchange lacked accessible UI/UX and had major problems with handling high work loads. The key goal was to make it work quickly and make it easy to use for beginners as well as implement advanced analytics for professional traders.
Key Challenges
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Develop an accessible UI/UX
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Integrate third-party API’s
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Deploy secure cloud infrastructure
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Set up internal integrations
Technical challenges
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Implement synchronized data exchange between applications we’ve implemented, schedulers as well as webhooks
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Divide the backend into a number of isolated applications to ensure maximum security.
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Develop separate web application for end-customers, web application for admins, managers and other staff as well as the API application for an exchange platform.
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Protect the transferred information from malicious tampering.
Solution
Our development team successfully came up with highly efficient ways to synchronize data between multiple backend applications and protect the transferred information from malicious tampering.
The design team delivered a simple accessible interface for trading. One exchange could take just 2 minutes for a user with no experience.
As for business prospective, our business analysts developed the list of must-have integrations, and features for Extobit to stay a competitive exchange. For example, the platform included: portfolio management, risk forecasting, market and asset analytics.
Achievements
We’re proud to be a part of Extobit’s success.
20,000 users
Joined the platform in the first month after the release
84,000 exchanges
Were made during the first two months
4 months
Extobit needed to achieve the break even point.
Key features
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Exchange
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Portfolio management
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Algorithmic trading
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Exchange Connectors
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Market Analytics
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Risk Management
The team behind the project
The team comprised 13 specialists. A part of the team was responsible for secure SDLC and software architecture. The second part focused on design and usability.
We’ve also helped clients with business analysts to collect the best practices for cryptocurrency exchanges.
All the development process was finalized with QA Testing to eliminate software failure and any security breaches.
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Client team
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Delivery Manager
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2 UI/UX Designers
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5 developers
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1 Software Architect
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3 QA Specialists
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Tech stack
C# is the main programming language. The team used it to build separate web applications for end-customers, web applications for admins, managers and other staff as well as the API application for an exchange platform. The whole development process was made with secure SDLC guidelines.
All of the backend applications use ASP.NET Core as the main framework. The database engine is MS SQL Server. Fronted is built on both conventional Vanilla JS and React. The Exchange page is deployed with React and ES6.
As for the measures taken to protect the transferred information from malicious tampering, we’ve used TLS 1.2 which has proven to be perfectly fit to secure all data on the transfer level.
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ASP.NET Core
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Exchange
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C#
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MS SQL
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ES6
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Vanilla JS
Testimonials
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.
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.
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.
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.
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.
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.
Excellent programming skills and timely delivery.
They were able to take our poorly documented description and deliver a world-class app.
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.
Get valuable insights
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![How to Build Your Own Cryptocurrency Exchange Platform [Softermii's Guide]](/assets/uploads/blog/20220316/cover-small.png)
Blockchain
Crypto Payment Gateway Development: Ultimate GuideAndrii Horiachko, Co-Founder at Softermii
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