DUBAI, United Arab Emirates, March 16, 2020 — The Bitrump trading platform supports a multitude of cryptocurrencies and uses a SegWit enabled, high-frequency trading application which is encrypted using multiple digital signatures. It uses a highly decentralized model for its operations. White labeling is the best and easiest way to get a cryptocurrency exchange up and running in no time, mitigating hassles and costs associated with in-house development. Clients can get the very best in terms of security and operational efficiencies and it is the fastest route to getting their own exchanges operational from day one.
The company has received considerable enquiries from many large banks and fin-tech companies based out of The UAE for its white label software solutions and associated infrastructure, for hosting their own cryptocurrency exchanges. Bitrump is in a position to offer them complete solutions for all their crypto trading platform requirements.
With the surging global demand in crypto currencies, possessing the best in terms of exchange infrastructure is essential for a rapid expansion in the sector.
Customers are flocking to acquire the next Bitcoin and as such, there is a huge demand for exchanges which can cater to this market and provide the best in terms of services.
Becoming the first to launch a trading platform is also critical in the highly competitive market of crypto trading platforms. It is one of the most important decisions for a company to make.
What Bitrump brings to the crypto platform market:
Bitrump has gained significant popularity among clients and crypto traders in the UAE and other global markets. Bitrump’s proprietary white label crypto exchange software packages include support for many popular crypto currencies such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Tether and many more. Enterprises can request adding more coins to their product line-ups and Bitrump offers significant product customizations to suit their individual platform requirements.
Bitrump, a product of HC Consultants FZ-LL, is focused on providing a secure, multi-signature authenticated, multi-currency trading platform which uses bank-level encryption and security features to protect customer data from potential hackers. The system uses a 3-point architecture, a hot wallet feature, a multi-signature cold vault, monitoring and logging, DDoS Mitigation, Data encryption, firewall protection, identity and access controls for users. Companies can get end to end solutions for their trading platforms all under a single roof.
“Bitrump has been offering its white label crypto currency exchange software and associated architecture to enterprises who are using the product to run their own crypto exchange.”,
…said Raj Chowdhury, the Executive Director of Bitrump.
He further added
“What’s more interesting, is a sudden surge in demand from large banks and fin-tech companies, who wish to have their own crypto exchanges to meet their retail customer’s growing demands to trade in crypto currencies.”
It provides innovative features commensurate with various platform specific requirements.
Bitrump could operate as a decentralized crypto currency exchange platform, where third parties can host nodes and write applications on top of the blockchain platform using the inbuilt API layer which communicates seamlessly with the blockchain core.
With these innovative features, companies who are looking forward to launching their own trading platforms can harness Bitrump’s proprietary software solutions to launch their own crypto currency trading platforms under their own brand names. It would minimize the hassles and costs associated with developing their own software and associated architecture. This speeds up product launches. This matters most, since, in the crypto trading world, being the first to launch a platform and having the most coin offerings counts.
Some of these features include:
- SegWit Driven
- 2-way authentication using Google Authenticator
- Order book with matching engine
- Handle Pending Transactions
- Tracking of Block Confirmation
- SSL and TLS
- Liquidity link with major exchanges
- Admin console with multiple innovative product specialities
- Simplified KYC and AML Compliances
The platform allows companies to conduct vital know your customer, KYC compliances and required Anti-money laundering, AML, checks which are necessitated by relevant jurisdictions. These vital compliance checks happen before customers are able to upload their wallets into the application.
Bitrump’s white label software solutions offer a 4 tier KYC module for authentication. It offers an API that integrates effortlessly with third-party KYC service providers. Bitrump’s white-label software and associated architecture is equipped with APIs that can integrate with automatic credit/debit infrastructure of banks and payment processors for processing various card payments.
About Bitrump: Bitrump is a UAE based, world-leading digital asset trading platform. It supports many cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, & Tether. Bitrump was founded by blockchain enthusiasts and the core team comprises professionals from world-renowned internet and finance companies, including the earliest adopters/professionals of cryptocurrencies who have rich experience in blockchain R&D, global operations and associated services in the industry.