Quickly Build An Exchange at Low Cost With ChainUP Cloud Exchange System Solution Azra Tekinsoy Follow Apr 8 · 6 min read

There are 417 global exchanges with a daily trading volume of over US $10 million each. The actual number of exchanges exceeded 500 as of April 2018, and then the number of exchanges continued to increase every day at a rate far more than that of tokens.

Trading Volume of Mainstream Exchanges

In the second quarter of 2019, the trading volume of mainstream exchanges reached US $408.01 billion (the statistics cover 199 exchanges).

Top 30 Exchanges

The trading volume of the top 30 exchanges accounts for 82% of the whole market, with an obvious leading effect.

Barriers in the Exchange Industry

High Threshold

High Difficulty

High Cost

Factors Affecting the Development of Exchanges

Technical security

Liquidity

Flow

Community

Asset

ChainUP Cloud Exchange System

Core Products

Spot Trading System

● Supports fiat currencies, coin-to-coin transactions and other various forms of transactions

● Supports the direct purchase of fiat currencies without a lower limit

● Supports IEOs, mining upon a transaction, staking, etc.

● Liquidity aggregation

Spot Transaction System

● Supports over 200 coins

● Loading coins with one key for mainstream coins

● Automatic Coin Loading Provided upon automatic audit

● System Security Guaranteed

● Real-time Data Monitoring

● High-performance Matching Engines with millions of TPS matched per second

● Customized development and operation and maintenance services

Fiat Currency Trading System

● Supports transaction set as currency pairs

● Payment method support configurable platform recharge account and user cash withdrawal

● Supports mandatory filling in of transfer vouchers, temporary hang-up, etc.

● Provides a payment interface and connection with local banks for functions related to fiat currency settlement

Contract Transaction System

● Bi-directional long and short orders

● Both delivery dates and perpetual contracts available

● Margin mode

● Contract mechanism, with leverage chosen before trading (up to 100 times)

Leveraged Transaction System

● Lending limit, leverage multiples, deposit and withdrawal frequencies, and limit restrictions can be customized

● High-performance memory matching with millions of TPS matched per second

● Shares coin-to-coin liquidity and depth

● The intelligent capital risk control mechanism liquidates positions when the risk rate is too high

● Provides users with free lending capital turnover for cloud service clients to reduce operational risks

ETF Trading System

● Enables users to customize and combine different types of ETFs according to their component preferences; includes multiple tokens that are configured in proportion, with a single token held and some derivative operations performed, etc.

● Strategy-Leverage: Spot trading, free from liquidation; Focuses on trends, with compound interest profit; automatic position adjustment, saving energy and time

● Increasing market liquidity

● Trading Opportunities: Increases arbitrage opportunities for more subscriptions and sales to attract more investors to create shares

● Safe and Reliable: At any time, subscription and redemption is available at the following NAV, enabling part of the effective liquidity at the day level

● Efficient Tracking: Reduces daily tracking errors

Exchange System Function Services

Security System

● Enables smart monitoring, alarms for abnormal situations and a three-tier wallet system for blocking cash withdrawal.

● DDoS defense, distributed structure, flow cleaning, and smart blocking

Mining upon Transactions

● Cash-back Mode: Enables cash-back from platform tokens in proportion through mining.

● Dividend Mode: Shares dividends to users who hold platform tokens.

● Flexible Configuration: Set any cash-back proportion and dividend sharing proportion yourself.

Hot and Cold Wallets

● Hot wallet: Provides online coin charging and withdrawing, with intranet isolation.

● Operation wallet: Provides liquidity and supporting cold wallet, with physical network isolation.

Platform Token Stabilization Scheme

The platform tokens anchor fixed prices to solve the problem of users’ fund deposits and withdrawals. It helps the market balance the exchange rate and maintains the overall market value.

Risk Control System

● Supports tracing of all asset transfers.

● Abnormal asset alarm

● Real-time monitoring of platform data

Market Trend Charts

Market trend data, with multi-cycle K-line market trends and effective access to transaction information. It analyzes and forecasts the market trend and determines the trading strategy using technical indicators.

Financial System

● Multi-currency account books with clear cash flow available for checking.

● Automatic reconciliation to help financial staff locate uneven accounts.

● Manual account balancing makes it possible to quickly complete account balancing.

Global SMS Gateway

Connects with mobile network operators of various countries to enable SMS accessibility globally.

It provides a dynamic data exchange platform system for global SMS and efficiently connects various system software.

Matching System

An asynchronous matching mechanism with millions of TPS matched per second.

Memory-level matching engines cluster in the lockless ring queue, with matching engines clustered to keep away deadlocking and hang-up.

Advantages of ChainUP Cloud Exchanges

Functional Advantages

Simple and comprehensive operation configuration

Domain names/logos/writings are ready to go online at any time.

User-defined exchange skins/advertising operation positions, announcement/article publishing, and automatic App upgrading are available.

Sharing Depth, High Liquidity

It enables automatic coin loading, with sufficient data of depths and K-lines from over 300 exchanges, etc.

Marketing Support and Various Operational Approaches

Flexibly configured operation functions and various operational approaches.

It provides marketing supports such as Broker, IEO, red pocket, locking/unlocking,

mining, etc.

Independent Account with Data Held by Yourself

The independent account system supports data statistics and export, while also supporting privatization deployment, realizing unperceived translation.

Asset Risk Control that Guarantees Security

It provides over 30 defense mechanisms such as independent risk control, behavior monitoring, double cash withdrawal audit, fund traceability, fund withdrawal T + 1, three-layer wallet system, DDoS defense, flow cleaning etc. to fully guarantee fund security.

High-Performance Matching Engine

Asynchronous matching mechanism, with 50,000 orders matched per second.

Memory-level matching engines can be compared with financial trading systems. Engine clustering keeps away deadlocking and hang up.

ChainUP Platform Advantages

● Technology

● Industry

● Security

● Service

● Ecology

● Team

ChainUP Can Bring You

One-stop technical services to effectively save on personnel costs, development costs, operation and maintenance costs, and improve efficiency.

Over 150 technicians who focus on professional technical development, with rich technical and industry experience.

A full range of exchange products such as spot, leverage, contract, OTC, liquidity etc.

Project managers and client 1v1 services are available to solve various after-sales problems.

About ChainUP

Up until now, ChainUP has provided BlockChain technology services to more than 500 clients around the globe. This includes over 300 digital asset exchange clients, 100 digital wallet clients, and 150 liquidity clients, covering over 20 countries across Southeast Asia, Europe, the United States, the Middle East, and other regions, reaching over 50 million users.

Founded in 2017 and headquartered in Singapore, ChainUP is one of the world’s leading BlockChain technology service providers. At present, they have 8 mature product lines, namely, digital asset trading system, wallet system, situation awareness, public BlockChain and consortium BlackChain, mining pool, BlockChain cloud media, liquidity and Broker. They have also created a number of independent brands including HiCoin, the BlockChain wallet solution, BitWind, the exchange liquidity provider, and EXUP, the financial derivative technology platform. Meanwhile, ChainUP continues to implement the collectivization and globalization operation strategy, with offices set up in Beijing, Tokyo, and Hong Kong, in addition to its headquarters in Singapore.

Introduction to the Team

Founded in September 2017, the team consists of about 150 people and is mainly responsible for technology, R&D and global market development.

Founded in December 2019, the team consists of about 50 people and is mainly responsible for market development in Japan while exploring the implementation of BlockChain technology in the country.

At present, the team consists of about 30 people who actively respond to government requirements and make efforts to explore the development orientation and potential of BlockChain in China.

ChainUP has provided technical service support to over 500 clients around the world, covering over 20 countries and regions, including Japan and South Korea, as well as in Southeast Asia, the Middle East, and North America, with over 50 million users.

Learn more about ChainUP through visiting their official website and social media pages;

Official Website: https://www.chainup.com

Twitter: https://twitter.com/ChainUPOfficial

Facebook Page: https://www.facebook.com/ChainUPTechnology/

Facebook Group: https://www.facebook.com/groups/ChainUP/

LinkedIn: https://www.linkedin.com/company/ChainUP-Technology/

Telegram: https://t.me/ChainUPOfficial

Medium: https://medium.com/@_ChainUP

Youtube: https://www.youtube.com/channel/UCTuHHr1n_oJVY_Hg7AxoASw