endorsedOngoing

Cryptocurrency Exchange Platform Website Development

Services Covered:

E-commerce Development • Website Development

Industry

Business Consulting & Services

Duration

91 months

Budget

1M - 10M

Start Date

1 January 2019

Team Size

6-10 Employees

Engagement Model

Offshore

Project Capability Score (PCS)

73/100

Good

Project Capability Score (PCS) estimates how capable Plavno is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

Confidential

Minsk, Belarus

Project Summary

Plavno was hired by a cryptocurrency exchange platform to develop an efficient, secure, and legally compliant web-based exchange. They built both frontend and backend systems, integrated with banking and payment providers, and implemented automated KYC/AML verification. The product combines complex cryptocurrency algorithms into a user-friendly interface. Communication occurred primarily via Slack with meetings on Zoom.

Key Challenges

Develop a legal, regulated cryptocurrency exchange platform
Ensure efficient and secure cryptocurrency transaction processing
Implement automated KYC/AML verification and user-data processing
Integrate with banking and payment systems and build transaction management (rates, hedging)
Deliver independent frontend and backend modules without third-party dependencies

Project Deliverables

Full-fledged back-end solution
Two front-end client modules (user and admin)
Integration with banking and payment systems
Multifunction transaction management module (exchange rates, hedging, transactions)
Automated KYC/AML verification and user-data processing
Redundant storage for user and transaction data

Project Solution

Plavno designed and implemented an independent, regulated cryptocurrency exchange including frontend modules for users and administrators and a full-featured backend. The work included integration with banking and payment systems, development of a transaction management module (exchange rates, hedging, transactions), and automation of KYC/AML verification and user-data processing. The team used HTML5/CSS3, React (hooks/context and Redux), TypeScript/JavaScript on the frontend and Java, Maven and PostgreSQL on the backend.

Project Outcome

Solution adapted to strict regulatory requirements
User-friendly interface encapsulating complex cryptocurrency algorithms
Adaptable product that can be integrated into other systems and business models
Effective collaboration and clear communication via Slack and Zoom

Platforms

Tech Stack

HTML
CSS
React.js
JavaScript
TypeScript
Java
PostgreSQL

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“In collaboration with the client, Plavno has built a product with complex cryptocurrency algorithms and processes. The solution has a simple and user-friendly interface that meets the standards of the client. The knowledgeable team communicates through Slack and conducts Zoom calls when necessary.”
Alexander Nikolaevsky
CEO
Date: 10/22/2022