Logo
  • Cases & Projects
  • Developers
  • Contact
Sign InSign Up

Here you can add a description about your company or product

© Copyright 2025 Makerkit. All Rights Reserved.

Product
  • Cases & Projects
  • Developers
About
  • Contact
Legal
  • Terms of Service
  • Privacy Policy
  • Cookie Policy
Development of a Transparent and User-Friendly Crypto Trading Platform with Mobile Access
  1. case
  2. Development of a Transparent and User-Friendly Crypto Trading Platform with Mobile Access

Development of a Transparent and User-Friendly Crypto Trading Platform with Mobile Access

coherentsolutions.com
Financial services

Identifying Key Challenges Faced by Cryptocurrence Trading Platforms

Cryptocurrency traders encounter issues such as high trading fees, hidden charges, and complex fee structures, leading to unpredictable transaction costs. Existing platforms often feature clunky interfaces, which hinder usability for both novice and experienced traders. These challenges emphasize the need for a transparent, efficient, and accessible crypto trading environment.

About the Client

A mid-sized online brokerage aiming to expand into cryptocurrency trading with a focus on transparency, security, and user accessibility across web and mobile platforms.

Goals for Developing a User-Centric, Secure Crypto Trading System

  • Implement a transparent and simplified fee structure with a flat 0.25% trading fee, eliminating hidden charges and complex fee tiers.
  • Design an intuitive user interface catering to both beginners and experienced traders to enhance usability and accessibility.
  • Ensure robust security measures, including industry-standard encryption and two-factor authentication, to safeguard transactions and user data.
  • Develop mobile applications for Android and iOS to increase platform accessibility and facilitate trading on-the-go.
  • Integrate the platform with existing brokerage systems to enable seamless fund transfers and keep user capital within the ecosystem.
  • Support the growth of the user base through reliable, high-performance platform features that foster trust and satisfaction.

Core System Functionalities for a Transparent Cryptocurrency Trading Platform

  • Flat fee calculation system applying a 0.25% trading fee with no hidden charges or volume-based tiers.
  • User interface optimized for both novice and experienced traders, focusing on accessibility and advanced trading tools.
  • Security modules including industry-standard encryption protocols and two-factor authentication for all transactions and data access.
  • Mobile applications for both Android and iOS platforms, supporting real-time trading and fund transfers.
  • Platform integration with existing brokerage applications to enable fund transfers directly to and from the crypto trading system.
  • Scalable architecture supporting increasing user volume and transaction throughput.

Preferred Technologies and Architectural Approaches

Modern web development frameworks supporting responsive design
Secure encryption protocols (e.g., SSL/TLS, industry-standard algorithms)
Two-factor authentication mechanisms
Mobile app development platforms compatible with Android and iOS
Backend systems capable of handling high concurrency and transaction volumes

Essential External System Integrations

  • Existing brokerage or trading systems for fund transfer capabilities
  • Secure payment gateway integrations for fiat deposit and withdrawal options (if applicable)
  • User identity verification providers to ensure compliance and security

Critical Non-Functional System Requirements

  • High availability with 99.9% uptime
  • Response times under 2 seconds for key user interactions
  • Secure handling of user data and transactions following industry standards
  • Support for scaling up to accommodate rapid user growth and increased trading volume

Anticipated Business Benefits of the Crypto Trading Platform

The developed platform is expected to attract a significant user base by offering transparent, low-cost trading with a seamless user experience. Similar to prior successes, the platform aims to acquire at least 15,000 active users within the first six months of launch. Its transparency, ease of use, and mobile accessibility are projected to enhance user retention and position it as a trusted solution in the cryptocurrency trading market, supporting long-term growth and ecosystem retention.

More from this Company

Enhanced Global Software Delivery and User Experience Optimization
Developing a Scalable eCommerce Platform to Drive Revenue Growth and Customer Engagement
Development of a Secure and Scalable Financial Management Platform for Higher Education Institutions
Development of a Centralized Continuing Education Hours Tracking and Reporting System
Development of a Data Quality Monitoring and Risk Analytics Platform for Financial Risk Management