The product fintech company Scalable Solutions, which develops and implements white-label software, has implemented a technical solution for the cryptocurrency exchange FMFW.io.
According to data from CoinMarketCap, FMFW.io’s daily trading volume is over $3 billion, with a peak of $5 billion. At the time of publication, the exchange ranked thirteenth in the analytics service’s ranking.
The project’s investment partners were the resource Bitcoin.com and Bitcoin Cash ambassador Roger Ver. Thanks to Scalable Solutions, FMFW.io saved around $10 million on development.
The team delivered a technical solution to the trading platform that includes:
- An exchange platform with spot, margin, and futures trading capabilities;
- integration of KYC providers (Know Your Customer);
- integration of KYT services (Know Your Trade);
- integration with payment service providers;
- a referral program;
- branding of software interfaces.
The exchange currently serves 1.2 million users and more than 80 institutional clients.
“Working with Scalable Solutions significantly simplified our path to building a successful exchange, making it safer and less resource-intensive. This laid a solid foundation for delivering a reliable trading platform to our users,” commented Anna Melton, COO of FMFW.io.
Among Scalable Solutions’ products are also a mobile cryptocurrency wallet app, the Scalable Broker BI analytics service, a custodial service, and other infrastructure solutions for managing digital assets.
Earlier, Coinbase entered the Indian market.