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Challenge

Many traders lose interest and take a break when facing a failure. Our client was looking for ways of improving customer engagement and lifetime value on their platform. It was decided to add a forecasting tool that checks a trader’s strategy for vulnerability.

Solution

The forecasting tool has been implemented as a widget in the user profile and works as a trades simulator. The user can set certain parameters: • timeframe; • deposit; • number of trades; • average take profit; • average stop loss; Based on the parameters, they get a forecast chart, an estimated probability of failure and suggested ways to reach the target sharp ratio. For building this tool we’ve collected a lot of data and created a robust model. Our team has gathered and analyzed a large number of trading strategies as well as markets in which they are applied. We used statistics and methods for the financial modelling process.

Results

We’ve created the tool which checks trading strategies for vulnerability. It helps the exchange predict how soon a client will leave the platform with such a trading approach to show the way to improve trading strategy. Our client’s team used our solution for data visualization and fast-testing hypothesis in the space of an alpha generation. The platform is currently integrated into a bigger industry giant, which brings incredible results.

Challenge

Our team was asked to develop a secure crypto trading platform. It should allow making online deposits and withdrawals, exchanging fiat and cryptocurrencies, earning yield by utilizing staking and farming pools.

Solution

Business logic Algorithms in the CoinChange platform allow the purchase or sale of cryptocurrency at a more favourable rate, by connecting to decentralized and centralized exchanges. Platform’s profit is earned by constantly generating new quantum models and bringing them to market. Our team have created an infrastructure in which capital moves safely. From storage to the exchange, then to various blockchains and all the way back. The whole process is well-established, so in case of emergency all money is quickly transferred to secure storage and trading operations are shut down. User interface The platform is available as a web app and mobile app both for iOS and Android. This lets us cover a wider audience and provide a seamless user experience.

Results

We delivered a competitive cryptocurrency trading platform that meets the client’s requirements and user demands. After its deployment, the user base and the company itself are expanding, while we continue supporting the platform and bringing great results. CoinChange in numbers for 2022: • 120K+ active users; • 10M+ assets under management; • 15 third-party providers integrated; • 20+ developers in the team.