Registration: Once the software is installed on your device. The user needs to create an official account on the platform by providing valid information.
Login: After the registration process, the user can log in to the account with their username and password.
Wallet Deposit: Before placing the trading order, the user needs to set up a wallet for depositing their cryptocurrencies for the transactions.
Order Placement: Users need to provide the details of purchase or sell orders for cryptocurrencies at their preferred pricing. These orders are recorded in an order book.
Trade Execution: The exchange's matching engine is constantly scanning the order book for matching buy and sell orders. When a match is located, the trading process will be completed.
I hope that the above-mentioned process will give clarity to you about the basic working process of the crypto exchange platform. Recently, I have heard the company name WeAlwin Technologies, a leading cryptocurrency exchange development company in this business with five years of solid experience and a strong reputation.
Login: After the registration process, the user can log in to the account with their username and password.
Wallet Deposit: Before placing the trading order, the user needs to set up a wallet for depositing their cryptocurrencies for the transactions.
Order Placement: Users need to provide the details of purchase or sell orders for cryptocurrencies at their preferred pricing. These orders are recorded in an order book.
Trade Execution: The exchange's matching engine is constantly scanning the order book for matching buy and sell orders. When a match is located, the trading process will be completed.
I hope that the above-mentioned process will give clarity to you about the basic working process of the crypto exchange platform. Recently, I have heard the company name WeAlwin Technologies, a leading cryptocurrency exchange development company in this business with five years of solid experience and a strong reputation.