Tango-Tiger

The Cryptocurrency market provides vivid entrepreneurial ideas for entrepreneurs to enroll in the cryptosphere. As a result, many entrepreneurs and companies have started trying out their luck in the Crypto market. Cryptocurrency exchange platforms like Poloniex offer a secure forum for people to trade their cryptocurrencies. Are you interested in launching your own cryptocurrency platform?

In this blog, we have shared some insights about developing a Poloniex clone script, a centralized Cryptocurrency exchange platform.

What is a Poloniex clone script?

The Poloniex clone is a cryptocurrency exchange platform exclusively for trading crypto-cryptocurrencies. The platform is completely centralized, and it is secure for users to buy or sell their cryptocurrencies. It did not support the transactions of fiat-cryptocurrency exchange.

What are the notable features of a Poloniex clone?

2FA protection

The Poloniex clone should have two-factor authentication to integrate as an additional level of security for the users. The user's identity will be checked using their QR codes and secret codes.

Trade engine

The strong trading engine should support the users in the auto-matching of the buyers and sellers without any time-lapses.

Smart contract

The smart contract will enable the process of Crypto transactions without the interventions of any third parties.

Automated withdrawals

The platform will enable the users to withdraw Cryptocurrencies to their registered crypto addresses without any third-party interventions.
Summing up,

Cryptocurrency exchange platforms have become a prominent thing and have also encouraged people to invest in Crypto exchanges. You can approach blockchain developers with vivid expertise to develop your poloniex like platform.