Abstract-Bitcoin was initially introduced by Nakamoto in 2008. Since 2008, the market for digital crypto currencies has expanded in terms of the quantity of new coins as well as the market capitalization and transaction volume as determined by the Poisson and Binominal distributions. These digital crypto currencies include Bitcoin, Litecoin, Ripple, Monero, Ethereum, and Shiba. Cryptocurrencies only exist as a decentralised blockchain-based shared record of ownership. Users send bitcoin units to one another's digital wallets when they want to exchange them. A platform that enables users to purchase, sell, and trade cryptocurrency is known as a crypto trading application. A user interface, an application server, a trading engine, crypto exchange APIs, a database, and a security layer are typical components of an application. Users may see their portfolio, track market activity, and place trades using the user interface in an easy and straightforward way. The application server manages business logic, handles user requests, and interacts with the backend and trading engine. The trading engine performs trades on behalf of users by matching buy and sell orders. To gather market information and complete deals, the software connects to several cryptocurrency exchanges via their APIs. Both user and market data are stored in the database. The software is shielded from illegal access, data breaches, and fraud thanks to a strong security layer, which also keeps user data safe. To give consumers a dependable and safe trading experience, a well-designed crypto trading application architecture must be scalable, fault-tolerant, and secure.
Keywords – Crypto Trading, Cryptocurrency, Bitcoins, Smart Contracts
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DOI:
10.17148/IJARCCE.2023.12355
