Exchange Software
Exchange Features
Cx Client
The cxClient is responsible for rendering everything that investors (end-users) see in their browser. It allows users to sign up, log in, place buy/sell orders, view their trade history/purchased tokens, view balances, deposit/withdraw digital assets, upload KYC documents, and view charts. It also features price teasers, order books, charts and instant notifications for order matches.
Cx Wallet
The cxWallet is a multi-currency wallet which stores all cryptocurrency funds. If an exchange offers three tradeable cryptocurrencies and digital assets (e.g., Bitcoin, Ethereum, and Litecoin), the cxWallet will contain three distinct wallets. And each wallet syncs up with each cryptocurrency’s respective blockchain.
Cx Server
The cxServer processes everything that comes from the cxClient. It retrieves the user input from the cxClient and then writes it into the database cluster. Put differently, the cxServer is the API layer between the cxClient and the database cluster. For example, when an investor signs up, the cxClient forwards the input information to the cxServer. Subsequently, the cxServer writes that information into the database cluster.
Admin Panel
cxAdmin is similar to business intelligence and management software. Within the interface, admins can approve deposit/withdrawal requests, manage KYC requirements, create and answer support tickets, modify trading fees, and manage cold storage functionality.
Centralized Trading Engine
The cxEngine module primarily matches trades on the exchange. However, it also reviews and executes transactions, provides data to the order book, and calculates account balances. cxEngine takes adjustable parameters like minimal nominal and trading fee with special options (e.g., maker-taker fees) into account.
Additionally, the order matching engine supports limit as well as unlimited orders.
Decentralized Trading Engine
The exchange rate component of Skalex provides a unique way of applying value to NFTs. This tool is what sets the rate to an asset’s tradability or exchangeability. This improves upon traditional exchanges that fail to capture requirements, externality costs, combo offers, proof of ownership, etc; as part of a transaction.
Skalex Crypto Exchange Software
Skalex Crypto
Exchange Software
What Are the Key Features of
Skalex’s Exchange Software?
Order Matching
The trade engine of our software instantly and automatically matches orders between buyers and sellers for the best price available. In addition, we feature different types of orders such as market and limit.
Funds Management
Our integrated wallet software automatically manages all cryptocurrency transactions. Exchange owners can manually control fiat transfers or automate the process by integrating payment processing providers and banking interfaces.
Liquidity Tools
Skalex exchange software provides several liquidity options, such as Market Maker, DSO (internal/external network of a shared order book), and APIs to external exchanges (e.g. Kraken, B2C2), guaranteeing a full order book from the first day of listing. It is also possible to include market maker services from external providers.
KYC/AML
Ensuring the transparency and security of your exchange is of immense importance. We offer the integration of third-party providers IDnow, Acuant, 4Stop, SignID and IdentityMind to automate the KYC process on your exchange, and Valegachain and Elliptic as blockchain analysis providers for AML monitoring.
Integrated Wallet
Our exchange software includes multi-currency wallets that allow you to easily store and transact different cryptocurrencies. Multisig cold storage can secure all crypto funds & prevent any external access.
Referral Program
To increase the number of users on your trading platform, we’ve integrated a referral program. This feature enables users to send a referral link to potential new customers. If the new user signs up and trades, the person that sent the link receives a defined percentage of the trading fee as a reward.
Additional Features of Skalex’s
Exchange Software
Any Currency
You can implement any currency into Skalex’s exchange software. From alternative cryptocurrencies such as litecoin and ethereum to fiat currencies like the Chinese RMB, anything can be embedded into your exchange.
Unlimited ERC - 20 Tokens
At Skalex, we can enable an unlimited number of ERC-20 tokens on your exchange platform. You can also choose to add as many tradable assets as you like.
Any Language
Skalex’s exchange software supports any language, even right-to-left writing systems such as Arabic, Hebrew or Persian. You can, of course, implement multiple languages together as well.
Payment Processor Integration
Any 3rd party payment processor or bank payment gateway can be integrated with Skalex software via API to automate the process of fiat deposit and withdrawal.
Powerful Admin Panel
With our high-end technology frameworks, you get an admin dashboard that allows you to manage your crypto trading platform with exceptional ease. You may blacklist or whitelist IP addresses based on various criteria, such as country, region, and ISP.
IEO Implementations
Our exchange software provides the possibility to easily execute an IEO (Initial Exchange Offering). You are able to trade the newly-launched token on the platform immediately.
Negative Trading Fees
The maker taker fee structure allows you to set the maker fees to a negative value, e.g. -0.01%. This allows market makers to generate profit for providing liquidity, stimulating the liquidity on your platform.
Margin Trading
By depositing a margin, traders are able to leverage buying power to open both long and short positions.
Group Fees and Taxes
You can define custom group and personal fees and taxes for withdrawals, deposits and direct transfers.
Email Interfacing
This feature enables you to integrate external mailing services such as Mailchimp into the exchange software.
Merchant Plugin
The Merchant Plugin enables you to provide bitcoin or cryptocurrency payment processing for e-commerce shops.
Autopilot Trading
Skalex’s Autopilot feature allows traders to buy and sell cryptos automatically, according to the schedule they set up, regardless of price, volatility, or economic conditions.
Automated Market Maker
Skalex has developed a custom solution to get the reference prices from the major exchanges needed to create robust internal and external market maker bots with different custom algorithms.
CEX Aggregator
Skalex is able to get liquidity from major CEX exchanges (e.g. Kraken, B2C2), so we can bridge existing DEXs or create brand new DEXs and bridge them to deliver liquidity into the DEX liquidity pool. On the other hand, Skalex can use the Automated Market Maker DEX liquidity pool to add liquidity to the Skalex CEX order book.
Invoice Management System
The invoice system allows our customers to pay for new products and features easily and automatically with cryptocurrency. It automatically creates a crypto invoice based on a jira ticket. The customer receives this invoice by email & is redirected to a dedicated page where he receives the address for the payment.
Maximum Exchange
Security
Application Security
Two-Factor/Multi-Factor Authentication
Our software includes standard two-factor authentication mechanisms like
email authentication and Google Authenticator for additional login security. You can implement even more authentication methods, as well.
Encrypted User Access
The exchange software embeds our patent-pending “encrypted user access” mechanisms, which further protects the wallet from being hacked.
Deep Freeze
The exchange’s hot wallet has an automatic process that swaps crypto funds to a multi-signature cold storage wallet. This cold storage solution enables a group of trust holders to set up multiple multi-signature wallets of increasing size.
Distributed Architecture With DNS Failover
Our platforms can run with Content Delivery Networks (CDNs), like CloudFlare, to provide DDoS resilience and fast failover. DNSSEC is available based on your DNS Registrars capabilities.
Encrypted Data Transmission
Access to the admin panel requires VPN transmittal. User credentials and certificates are sent over a secure, encrypted tunnel for communication (e.g. PGP or sMIME).
TLS Integration
All traffic to frontends is encrypted with TLS using the latest security cipher suites which are regularly tested by SSL Labs.
Internal Traffic Encryption
All internal component traffic is limited via the rules of subnets and firewalls. Additionally, every connection endpoint is encrypted with tunnels like openvpn, ssh, and IPsec to provide maximum security.
Source Code Encryption
To protect our intellectual property, our source code is pre-compiled with an encryption layer.
Why choose Skalex?
Fast time to market
We integrate with your team to deliver high performing trading and blockchain solutions that fit your projects needs, which can be a key ingredient in launching your product to market quickly and efficiently.
Robust architecture
Our exchange software proves to be highly reliable and sophisticated thanks to years of development and continuous optimization.
Technical expertise
We are a German company with more than 7 years experience in the blockchain and cryptocurrency market.
Highest security and quality standards
Multiple layers of security mitigate hacking attempts and ensure that your funds always remain safe. Our DevOps consultants are located in Munich and meet the highest quality requirements.