Coinware Exchange Architecture and Features

in blockchain •  6 years ago 

In ensuring a total delivery of seemless and uninterrupted trading experience for its users, coinware incorporates geo-replication in its architecture, thereby creating a fault tolerant exchange system designed for operation at low latency, high throughput and and maximum uptime/minimum or nonexistent downtime.

Coinware Exchange has a handful of amazing features, which include best user experience, matching engine, multilingual system, multiple currency pairs, best customer service and high security, just to mention a few

Coinware uses an intuitive user account system that incorporates state of the art user security mesures. On coinware, the user interface is basically easy to understand, offering and ease of access through features the exchange has to offer, while guaranteeing secured usage. It is very easy to create a digital wallet on coinware, which is peculiar to each individual user alongside a high level of security protection

A matching engine is the core software and hardware component of an electronic exchange. It matches up bids and offers to complete trades. Matching engines use one or several algorithms to allocate trades among competing bids and offers at the same price. Through an increasingly efficient order allocation system, Coinware matching engines will work to lower transaction fees significantly while increasing market quality, as well as creating a speed at which one can receive, interpret and react to market information, in both relative and absolute terms, which of course is one of the considerations looked upon by both traders and exchanges seeking considerable advantage.

An exchange architecture has been created for multi currencies that are going to be supported by the exchange. Currencies with innovations will be supported, and verification of currencies is only possible after strict screening policies have been followed. Coinware will offer unique crypto-crypto pairing sets, as well as unique crypto-fiat pairing sets as well, making it a truly dedicated platform for the adoption and integration of fiat payment into the exchange.

Security is of topmost concern, and as such, coinware's security system will work on state of the art digital infrastructure, having multi-cluster systems architecture that maps on multi tier platform, hence providing high-end security to every transaction on the exchange. The trade cycle will be designed with end to end security measures, and users will stay safe with multiple security verification levels like general user security, technical level security and system level security.

When hard-fork happens, users on coinware can easily get proportional amount of coins from the forked block chain, as they have their own wallet on the exchange. This is to ensure all coinware users enjoy all the benefits and beyond on the block chain ecosystem.

The payment processing facility of coinware is of high-speed, with a special API. API allows you to interact with a trading system. Or better still, it allows you to execute trades directly on an exchange. They are omnipresent in today's financial ecosystem. Coinware aims to provide the most sophisticated APIs for their users, hence customers can withdraw or send cash easily and trade with extreme confidence.

Coinware is also using a smart UI design for the exchange so as to continually help users interact with the platform, while also supporting a wide range of devices. The platform also has a huge finance and crypto industry expertise, and is best suited to handle market volatility, making liquidation easier for traders on the platform. It aims to have a 24/7 customer care, and develop its user engagement ability in a bid to become one of the top exchange platforms in existence, as well as supporting languages from different parts of the globe.

Its availability to accepting new coins is also not in doubt, as this will engage more users pertinently, especially while they plan to create a platform for users to upload smart contracts to increase visibility. There will also be a strong connection with different ICOs, pool trading, a referral program to entice and benefit both existing customers and newbies, support for different technology devices, and multiple revenue generation techniques.

USEFUL LINKS:
Website: https://coinware.co/
Whitepaper: https://coinware.co/downloads/COINWARE_WHITEPAPER.pdf
Announcements Channel: @coinware_exchange_news
Twitter: https://twitter.com/coin_ware
LinkedIn: https://www.linkedin.com/company/coinware-cryptocurrency-exchange/
Reddit: https://www.reddit.com/r/CoinwareExchangeDit
Instagram: https://www.instagram.com/coinwareexchange/
Facebook Page: https://www.facebook.com/CoinWare
Github: https://github.com/Surajmendy/CoinwareExchange
YouTube:

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