BeamBitx
A Leap into the Future of Crypto Trading.
Impact of our design & development
About
The cryptocurrency landscape has exploded in popularity over the last decade, leading to a surge in demand for user-friendly, secure, and high-performing crypto exchange platforms. BeamBitx, a new player in the market, sought to establish itself as a leading cryptocurrency exchange with cutting-edge features and the highest security standards.
To turn their vision into reality, they partnered with MXI Coders, an expert in crypto exchange development, to create a platform capable of serving the ever-evolving needs of crypto traders worldwide.
This case study delves into how MXI Coders developed and launched BeamBitx—a fully-fledged, feature-rich, and scalable crypto exchange—positioning it as a competitive player in the global cryptocurrency market.
Project
Industry
Retail
Business Type
Enterprise
Services
Design, Development & Deployment
Ashok Rathod
Business consultant & Tech saviour who had served 5000 founders globally in past 25 years.
Challange:
Navigating the Complexities of Crypto Exchange Development.
Building a crypto exchange is no simple task. The project came with several challenges that needed expert solutions:
- Security & Compliance: Crypto exchanges are prime targets for cyberattacks. Ensuring top-notch security while complying with international regulations was a top priority for BeamBitx.
- Liquidity & Trading Features: A successful exchange needs high liquidity to enable quick, efficient trading. BeamBitx required an intuitive and scalable trading engine that could handle large volumes of transactions with minimal downtime.
- User Experience (UX): BeamBitx needed a seamless and engaging user interface to attract both beginner and experienced traders. The goal was to offer an easy-to-use platform while maintaining advanced features.
- Scalability: As BeamBitx was preparing for global expansion, the platform had to be built with scalability in mind, supporting millions of users, multiple cryptocurrencies, and rapid trading activity.
I have worked with MXI Coders over an extended period of time and they have delivered an excellent product but as regards design and functionality this is one of the best providers I have ever worked with and their delivery time is on point we highly recommend this team our collaboration has been excellent thank you to MXI coders.
Annie Watson 🇺🇸
Founder - ABC Group
Solutions we provided
MXI Coders’ Expertise in Crypto Exchange Development
MXI Coders leveraged their deep industry knowledge and cutting-edge technology to create a robust platform for BeamBitx. Here’s how we approached the project:
- Security Architecture:
- Two-Factor Authentication (2FA): To protect user accounts from unauthorized access, we implemented multi-layered security protocols including 2FA for login and transaction validation.
- Cold Storage & Encryption: To safeguard users’ funds, a cold wallet storage system was deployed, ensuring that assets were kept offline and away from potential hacks. We also incorporated advanced encryption techniques for all sensitive data.
- Regular Audits & Penetration Testing: We partnered with cybersecurity experts to conduct regular security audits and penetration testing, proactively identifying vulnerabilities.
- Compliance & Regulatory Standards:
- KYC/AML Integration: BeamBitx was built with integrated Know-Your-Customer (KYC) and Anti-Money Laundering (AML) protocols to ensure compliance with global regulatory standards, offering a fully transparent and legally compliant exchange.
- Cross-Jurisdictional Compliance: We ensured that BeamBitx’s platform was adaptable to local laws, enabling the exchange to serve customers across different regions without compromising security or compliance.
- Trading Engine & Liquidity Solutions:
- Advanced Trading Engine: We developed a robust trading engine capable of handling high-frequency trades, offering spot and futures trading, margin trading, and other advanced financial instruments. The trading engine’s design focused on minimizing latency while handling large volumes efficiently.
- Liquidity Integration: To enhance the trading experience, we integrated third-party liquidity providers, ensuring BeamBitx could offer competitive spreads and enough liquidity for its users.
- Order Book System: An advanced order book system was built to provide users with accurate and real-time data, ensuring transparency and helping traders make informed decisions.
- User-Friendly Interface:
- Responsive Design: We crafted an intuitive interface that provides a seamless experience across both desktop and mobile platforms. The design catered to both novice and advanced traders.
- Customizable Dashboards: The platform allowed users to customize their dashboards with widgets and real-time charts for a personalized experience.
- Multilingual Support: To cater to a global audience, the platform featured multilingual support, ensuring accessibility for users from different countries.
- Scalability & High Availability:
- Cloud-Based Infrastructure: The platform was built on a cloud infrastructure, ensuring scalability as BeamBitx expanded its user base. This also provided the flexibility to deploy new features quickly.
- Load Balancing & Redundancy: We implemented load balancing to optimize the platform’s performance during high traffic periods, ensuring uninterrupted service and 99.9% uptime.
States
Technologies
WordPress, SQL, Azure
34,000
Line of code
Project Duration
8 Months
Our team
6 Experts
Ashok Rathod
Business consultant & Tech saviour who had served 5000 founders globally in past 25 years.
Results We Created
BeamBitx Becomes a Competitive Crypto Exchange Platform
The collaboration between MXI Coders and BeamBitx was a resounding success. The platform launched with a range of advanced features that helped BeamBitx stand out in a crowded crypto exchange market.
Key Results:
- Security Excellence: BeamBitx’s robust security infrastructure helped prevent any security breaches, giving users confidence in the platform’s integrity.
- User Growth: In the first six months after launch, BeamBitx saw an impressive 300% growth in its user base, thanks to its seamless UX and diverse trading features.
- Liquidity & Trade Volume: The integration of liquidity providers led to competitive spreads, and the platform became known for smooth, efficient trading with minimal slippage.
- International Expansion: The platform’s multilingual support and adaptable compliance measures allowed BeamBitx to expand into multiple countries, further solidifying its position as a global exchange.
- Platform Performance: With cloud infrastructure and high-availability systems, BeamBitx was able to handle thousands of transactions per second without downtime, even during peak trading hours.
Conclusion
Building the Future of Crypto Trading
The successful development of BeamBitx demonstrates the power of expert crypto exchange development. MXI Coders has established itself as a trusted partner for businesses looking to enter the competitive crypto exchange space.
By focusing on security, scalability, and user experience, MXI Coders not only helped BeamBitx launch a world-class crypto exchange but also ensured it could adapt to future growth and challenges in the rapidly evolving cryptocurrency industry.
For businesses looking to build their own crypto exchange platforms, MXI Coders offers proven expertise and comprehensive solutions to ensure success in the competitive world of cryptocurrency trading.
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BeamBitx
Beambitx, a new player in the market, sought to establish itself as a leading cryptocurrency exchange with cutting-edge features and the highest security standards. To turn their vision into reality, they partnered with MXI Coders, an expert in crypto exchange development, to create a platform capable of serving the ever-evolving needs of crypto traders worldwide.
