Creation of a cryptocurrency exchange
A cryptocurrency exchange is a platform within which transactions are carried out for the purchase, sale, exchange of electronic money for other cryptocurrencies, or for fiat (paper) bills.
Trading is conducted between users who may be located in different parts of the world. Creation of a cryptocurrency exchange today can become an excellent business startup with a high level of profitability and profitability.
The E-COMMERCE BROKER company knows how to create a cryptocurrency exchange, which immediately after the launch of the project will begin to bring profit to its owner. We offer to develop a trading platform from scratch, and on a turnkey basis, taking into account your wishes. When drawing up technical specifications, we will discuss all the nuances and come to one rational solution that will satisfy the client’s needs to the maximum.
Financial and legal support from E-COMMERCE BROKER
In addition to the technical part related to software development, adaptive interface, multi-level security system and other functions, the team of competent E-COMMERCE BROKER specialists provides comprehensive financial and legal support for your crypto project.
The main issues that we deal with at a high professional level when creating a cryptocurrency exchange:
Registration of a legal entity.
Most countries, despite the high and growing popularity of the blockchain industry, disapprove of cryptocurrency. In this regard, we approach the choice of the state in which the registration of the trading platform will take place very carefully.
We help you decide on a jurisdiction in which the authorities are more loyal to services that work with cryptocurrency money. Among these countries we recommend: Estonia, Malta, USA.
Obtaining licenses.
In most countries, licensing of activities related to the exchange and storage of cryptocurrency money is a mandatory procedure. Our specialists provide comprehensive assistance in obtaining all necessary licenses for the legal functioning of the crypto service.
Project preparation in accordance with KYC, KYT, AML policies.
As a participant in the financial system, the owner of the exchange is obliged to conduct its activities in accordance with AML laws - anti-money laundering. Identification of participants in the trading crypto platform and all operations carried out within its framework must comply with the requirements of the fifth AML Directive:
- KYC - mandatory identification of each participant;
- KYT - checking cryptocurrency for pure use, allows you to exclude the transfer of money from sources whose activities may be related to crime, drug trafficking, etc.;
- AML compliance - implies the mandatory presence of a certified AML officer on the staff of a cryptocurrency exchange, who monitors suspicious transactions and, if necessary, sends an SAR - a report of suspicious activity to monitoring services.
Opening a current bank account.
Since most banks consider activities related to cryptocurrency to be high-risk, 99% refuse to open a current account. Specialists of the E-COMMERCE BROKER Company will help not only choose a bank, but also open an account in it, through which all financial transactions with cryptocurrency and fiat money will be carried out.
Thanks to many years of experience and accumulated knowledge in the field blockchain technologies Our company’s specialists cope with any tasks and develop turnkey cryptocurrency exchange for your business!
