Crypto Exchange Backend Development with Python
Services Covered:

Industry
Financial Services
Duration
6 months
Budget
50K - 199K
Start Date
1 September 2017
Team Size
16-20
Engagement Model
Nearshore
Project Capability Score (PCS)
84/100
Strong
Project Capability Score (PCS) estimates how capable STX Next 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
Project Summary
STX Next served as the client's outsourced IT department, specializing in Python development, cloud DevOps, frontend design, and QA while providing project managers and Scrum masters. The vendor scaled the engineering team and increased system capacity from 300 to 5,000 concurrent users, which significantly increased revenue. The client praised the vendor's responsiveness, technical skills, and treatment of the engagement as an internal IT function.
Key Challenges
- Needed to scale IT development beyond a small in-house team.
- Address volatility and surges in the cryptocurrency market requiring rapid scaling.
Project Deliverables
- Python-based backend
- Cloud infrastructure and DevOps setup
- Frontend development
- QA and testing services
- Project management and Scrum support
Project Solution
STX Next acted as the client's outsourced IT department, delivering Python development for the exchange platform plus cloud-infrastructure DevOps, frontend development, and QA. They provided resources across the software lifecycle (developers, project managers, QA), scaled the team from an initial five people to a larger dedicated team (10 developers, 2 QA, PM, Scrum Master, DevOps specialist), and managed work using Jira and standard tracking tools while communicating via Telegram, WhatsApp and Google Hangouts.
Project Outcome
- System capacity increased from 300 to 5,000 concurrent users.
- Revenue increased tenfold.
- Improved responsiveness and stable project management.
Platforms
Cloud
Web
Tech Stack
Python
Client Endorsement
Overall Review Rating
4.75
5 out of 5 stars
Timeliness
Cost Rating
Willing to Refer
Quality of Deliverables
“STX Next has increased system capacity from 300 to 5,000 users, which has tripled revenue. The agency's responsive communication and sophisticated technical skills allow them to keep progress stable. Their team is clearly invested in the company's growth and success.”
Note: This endorsement is based on publicly available client feedback from external review sources.
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