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Cryptocurrency exchanges have experienced an incredible spike in trading volume in recent years. Most of the startups, investors, business peoples are looking to earn a huge profit by starting a crypto exchange platform.
If you are looking to start an exchange by using cryptocurrency exchange software, Integrating the powerful security features in the cryptocurrency exchange platform to avoid hacking. Here i have mentioned some of the essential security features of cryptocurrency exchange software listed below:
1. Jail Login System – To control multiple failed login attempts.
2. Encrypted Data – To safeguard data & resources from hacking and phishing.
3. Cross-Site Request Forgery (CSRF) Protection to protect against the state-changing requests.
4. Anti-Distributed Denial of Services (DDoS) – Defend the server against a large number of requests from multiple resources.
5. Escrow Security System – Involvement of trusted third party (or) smart contract technology to ensure secure cryptocurrency/bitcoin exchange.
6. Server-Side Request Forgery (SSRF) Protection – To safeguard the system from attacks sent by external web applications.
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