There are few features that are very helpful. These features maintain the functions of the platform and the trading experiences of the users.
- Trading Engine
A trading engine is the platform that tracks the bids, generates new orders, manages access to order books, balances calculations, matches offers, executes crypto transactions, and more.
- Administrative Capability
The administrative console allows owners and operators to perform different tasks of the crypto exchange platform. Any exchange however, features should include addressing issues related to support, editing trading fees, debit or credit funds, adding new currencies, and handling crypto listings.
- User Verification
Every crypto exchange platform must have user verification. Verification is also a key feature of crypto currency exchange as it helps to overcome fraud and make sure of the authentication of transactions , so users are sure that their data is secure.
- Accessibility
Accessibility is the main feature to choose crpto currency exchange as its access become more easily than others because their use isn’t limited to a specific area some platforms don’t have legal authorization to work in users’ locations.
- Crypto Wallet
A crypto currency is an important feature because it allows users to send, receive, and store a variety of crypto currencies such as hot and cold wallets .Hot wallets are available online and they are easy to use. Cold wallets are only available offline, so they are more securing than hot wallets but not as convenient.
- Analytics
Crypto exchange platforms are also involve in analytics tools that allow users to make data-backed decisions about different trading opportunities so they can enhance their profits by making better decisions about their investments in real-time.
Traders could use the following instructions:
- Moving Average (MA) offers the average price over a certain period;
- Moving Average Convergence Divergence (MACD) helps predict changes in prices;
- Relative Strength Index (RSI) measures how fast the price of a specific crypto currency is changing;
- Currency stability
There are more than 22K crypto currencies in existence; however, they don’t all have the same value or stability. Because of that, user should make sure about the coins and tokens for the currency stability.
- Push Notifications
Using push notifications enables the platforms to more easily communicate with their users. Push notifications allow exchanges to notify their users about the latest trends in the market, new listings, and special offers.
Instructions
To navigate the exchanges more easily and fluently users must conduct information about crypto exchange platform.