New Platform Allows Businesses to Launch Their Own Cryptocurrency Exchange

On Sept. 3, the Spotware company, which specializes in providing contract for difference and forex technology services, released its new solution that allows customers to start their own cryptocurrency exchange, says the official press release.

The platform is called cXchange and the company claims it is to be the most technologically advanced cryptocurrency exchange platform to date.

In addition to the platform itself, Spotware offers native mobile apps on Android and iOS for cXchange customers.

The new platform offers an exchange operator an account management back office with a variety of settings to tailor their own digital asset exchange, and it is also integrated with blockchains for deposits and withdrawals.

The team says the platform supports the entire user-lifecycle, providing traders with rich functionality and a range of charting tools, technical analysis and order types.

In addition to the most popular cryptocurrencies, the platform allows users to list a range of different ERC-20 tokens and coins of completed ICO projects from the menu with minimal extra cost, as the official website states.

The exchange operators can also set their own terms for getting liquidity and enabling market participants to integrate with the exchange via FIX API, a financial industry standard.

"This should save a lot of time and efforts for those willing to start a crypto exchange business, and they get regular updates and ongoing support," Shulman told Cointelegraph.

Spotware has been operating on the online trading market since 2010, with its flagship product, cTrader: the CFD and forex trading platform.

"We used our expertise and proven technologies to create cXchange. There are only a few solutions available in the market resembling cXchange, but our platform is a high-quality product unlike other ones, as it was developed by a professional financial software development company," commented Shulman.