Looking for a platform to initiate your trading journey? Hybrid Exchange will suit you perfectly. As one of the cryptocurrency trading platforms, the hybrid exchange is gaining immense popularity. In this blog, you will get to know about the basics of hybrid exchange, its advantages, features, and how it benefits you as an investor.
What are Hybrid Exchanges
Hybrid Exchange is a platform that unites the elements of a centralized exchange(CEX) and a decentralized exchange (DEX). A hybrid cryptocurrency exchange platform permits users to buy and sell cryptocurrencies. Users can use their cryptocurrencies or fiat currencies to trade cryptos.
Users can start their trading on the hybrid platforms just by creating an account, verifying the account, and can start trading by depositing the fund. It also pairs the appropriate buyers with sellers and users can manually explore the available trading pairs and can place an order through the exchange's interface. Once the trade is accomplished, funds will be transferred between the two parties. Some hybrid exchange platforms charge fees for users' transactions and, on the other hand, some platforms offer a free trading option or users can function on a subscription model.
Features Of a Hybrid Exchange Platform
As hybrid exchange inherits all the elements of centralized and decentralized exchanges, it possesses a high-security mechanism to safeguard the user's assets. A hybrid crypto exchange platform comes with advanced security features like KYC verification and two-factor authentication. This helps in providing enhanced security for safe trading and threat-free trading.
Hybrid exchanges are created for both beginners and expert traders. Thus, it is developed with a more user-friendly interface than other crypto exchange platforms and guides beginners to flourish. User dashboard comes with a friendly user interface and simplifies trading functions and enables fund management for exchange users.
Hybrid exchanges come up with high liquidity when compared to decentralized exchanges (DEXs). This helps the process of buying and selling large amounts of cryptocurrency easily without affecting the market price. The hybrid exchange platform is built with options like API connection and automated market maker in order to achieve high liquidity.
The hybrid exchanges are more profitable and convenient to use. Users can trade cryptocurrencies and fiat currencies in one place. This benefits users who desire to trade with different types of assets comfortably. The advanced tech stacks and high-performing tools incorporated into the platform assures safe, secure, and rapid transactions.
Hybrid exchange arrives with high-performing and advanced tools like futures trading, margin trading, and stop-loss orders and benefits proficient traders. The hybrid exchange supports multiple trading pairings hence, traders can identify their desired cryptocurrencies and initiate their purchase order or can sell/ auction it.
Integration of Smart Contract
The steadfast smart contracts are integrated into the platform to guarantee that the platform functions smoothly, and continuously in a hassle-free manner. It automates the verification and transaction processes.
Integration of Payment Gateway
The hybrid platform comes with multiple payment gateways methods by which users can start their payments with the payment method of their choice.
Benefits Of Creating Hybrid Exchange
Hybrid exchange is beneficial for traders who are interested to enter into the world of crypto trading without any difficulties and risk factors. Hybrid Exchange comes with numerous benefits and some of them are,
1. Hybrid Exchanges are easy to use and users can initiate their trading in minutes.
2. Hybrid exchanges contain both fiat and cryptocurrencies, so users can trade in both traditional currencies as well as cryptocurrency.
3. Traders can take part in a wider range of markets and they can initiate crypto-to-crypto trading or crypto-to-fiat trading.
4. Hybrid exchange eliminates the need for traders to keep track of multiple wallets and make sure they have enough funds on hand always.
5. Hybrid exchange enables traders to experience more stable markets with low fees when compared to other exchanges, which means users can make more money when they trade.
6. Users have more control over their funds and can store them in a secure wallet on their computer or mobile phone rather than trusting a third-party service with their private keys.
Workflow of Our Hybrid Exchange
Assetfinx develops and deploys a hybrid exchange platform more uniquely by integrating avant-garde technologies and features. The platform is created with 5 easy step-by-step processes.
After knowing our client's basic needs, we research and enlighten them about the market condition. We give priority to our client's requirements and we acknowledge them during the development process.
We come up with a clear guide and road map to complete the task with no delay. Our expert team will take over the process for a quality output.
AssetfinX with its best blockchain developers develops the hybrid exchange platform by implementing blockchain technologies and smart contracts into it. The hybrid exchanges platform holds the elements of centralized exchange and decentralized exchange crypto trading platforms.
After developing the hybrid crypto exchange trading platform, it undergoes vigorous and multiple testing to assure that the platform is bug-free and operates flawlessly before launching it officially.
The hybrid exchange is deployed officially into the platform with other exchange platforms. Now users can get to use and experience your exchange platform and we also provide post-deployment services to our clients for hassle-free performance and to prevent technical errors.
Create Your Own Hybrid Exchange With AssetfinX
As businesses and transactions are moving toward digitalization, we users also have started to positively accept it and move the way it proceeds. Hybrid Exchange is one of the innovations witnessed and it combines the traditional method of exchanging data with modern technologies. AssetfinX is a leading White Label Crypto Exchange Software Development Company that has been providing market-ready hybrid exchange solutions by incorporating new tech stacks and tools in it. The hybrid platform developed by our expert developers attracts users across the globe with its functionalities, features, friendly user interface, etc. Apart from hybrid exchange development, we have proven experience in centralized exchange development and decentralized exchange development.
Feel free to reach us via email, WhatsApp, or telegram, and our tech team will help you with the idea of hybrid exchange and help your business grow and succeed.