Creation Of a Crypto WalletApp for A Reputed Cryptocurrency Exchange Startup
Services
- DevOps
- App Development
- Database Development & Management
- API integration
- OAuth 2.0 Integration
About
This is a case study about a very passionate cryptocurrency startup and while we can’t mention their name because of Non-Disclosure Agreements (NDAs),we can tell you that they have managed to create a good level of market reputation in the limited time they have been in the cryptocurrency market. They facilitate the buying and selling of cryptocurrency and they also provide the functionality of a very secure crypto wallet. They allow the exchange of some of the most popular crypto coins in the market which includes:
- Bitcoin (BTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Dogecoin (DOGE)
- Litecoin (LTC)
- Polygon (MATIC)
Background
This reputed cryptocurrency exchange startup primarily operated its wallets through web interfaces and had the functionality for desktop wallets as well as web wallets. If you are into cryptocurrency then you understand that crypto wallets without smartphone integration are just not lucrative enough for the market. That is exactly what this passionate company lacked. They did not have a highly secure wallet app that would allow their clients to manage and trade cryptocurrency directly from their smartphones. That is where we come into the picture.
200 +
Digital Asset Support
1 M +
Monthly Users
80 +
Countries Supported
6 +
Payment Methods
Challenge
The challenge therefore was to create a mobile multi-cryptocurrency wallet that would support the buying, selling as well and storage of 200 + cryptocurrencies along with in-app crypto exchange options and support for advanced crypto portfolio tracking. We had to make sure this crypto exchange app and crypto wallet was highly secure so that it could gain the trust of the market. We had to ensure these among other things:
- User-Friendly Interface
- Decentralized Finance (DeFi) Support
- Regulatory Compliance
- Portfolio Tracking
The Solution
The solution therefore was in the form of a crypto wallet app that can help users create new accounts or add their existing accounts and trade in crypto as well as store cryptocurrency. We made sure the interface of this cryptocurrency app is very simple to use but without compromises such as market tracking facilities and portfolio tracking options with detailed crypto history and chartsand smart filtering. This app is highly secure with two-factor authentication(2FA), PIN code setup and other vulnerability detection systems.
Crypto
Wallet App
Features
Account Management
In-App Crypto Exchange
Multi-Cryptocurrency Wallet
Advanced Crypto Portfolio Tracking
Cross-Platform Sync
Cross-Chain Compatibility
Smart Portfolio Management
Portfolio management is everything to a crypto trader and that is why we ensured a smart portfolio management system baked right into the app that will allow for real-time holding stats and smart price tracking. In addition to that, we also integrated heatmap visualisation profit/loss tracking and AI-based predictive analysis tools to help traders predict and plan their gains or losses more accurately. This smart portfolio management system allows users to be much more informed when it comes to trading decisions.
Smart Alerts System
We are pioneers in the smart alerts and notification space with our own in-house My Reminders app as a testament to our success. Crypto traders need notifications at the right time regarding price alerts and even security alerts. That is why we have decided to utilise some core aspects of our My Reminders AI algorithm in the form of smart notifications for the crypto wallet app users. This allows for multiple modes of notifications from low-priority text messages to push notifications as well as high-priority AI-generated calls so that the traders never miss out on any lucrative trade opportunities.
The
Result
67%
Improved User Retention
54%
Brand Reputation Improvement
64%
Increased Revenue
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Goodfirms
Think to share has executed and completed tasks on time and with high quality. They have been an integral part of the internal development team. They quickly respond to any questions and interact efficiently with all team members. Think to share is straightforward and on-point in discussions.
