Must-have features of a P2P exchange<\/strong><\/p>\n\u2022 Powerful matching engine
\n\u2022 Multi-layer security
\n\u2022 Escrow System
\n\u2022 Dispute management system
\n\u2022 Preferred trader selection
\n\u2022 Secure wallet
\n\u2022 Decentralized Exchange<\/p>\n
Decentralized exchanges are non-custodial exchanges that use smart contracts to drive direct transactions between users. While this kind of setup gives users more privacy, it also ensures that the exchange does not hold users\u2019 funds exposing it to any kind of hacks.<\/p>\n
Core functions of a DEX<\/strong>
\n\u2022 Capital deposits
\n\u2022 Order books
\n\u2022 Order matching
\n\u2022 Actual asset exchange
\n\u2022 Derivatives exchanges<\/p>\nCryptocurrency derivatives like futures and options have gained a lot of popularity in the last year. The exchanges that make such products available to the users are known as derivatives exchanges. While with spot trading users can only bet on the value of cryptocurrency going up, with the derivatives, the users can short a cryptocurrency.<\/p>\n
Along with that, these exchanges allow users to make highly-leveraged investments.<\/p>\n
Features of a Derivative exchange<\/strong><\/h4>\n\u2022 Auto Deleveraging
\n\u2022 Stop Loss
\n\u2022 Partial close orders
\n\u2022 Insurance Funds
\n\u2022 Secure wallets
\n\u2022 Advanced order types<\/p>\n
Apart from the above features, the exchanges also need to ensure that the security attributes are established. These add to the crypto exchange development and maintenance cost but are very crucial for protecting the user\u2019s funds and data.<\/p>\n
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Build your Own Crypto Exchange Software<\/h2>\n\r\n\t