What are the main technical challenges faced during cryptocurrency exchange development?

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auroragrace

Developing a cryptocurrency exchange presents several technical challenges, including scalability, security, and regulatory compliance. Scalability is crucial to handle a large volume of transactions efficiently. Security measures must be robust to protect user funds and data from hacks and breaches. Additionally, ensuring compliance with evolving regulatory requirements poses a significant challenge, as regulations vary across jurisdictions and are subject to change. Overcoming these challenges requires a comprehensive approach and adherence to best practices in software development and cybersecurity.

source: https://www.blockchainappfacto...cy-exchange-software

Tags: crypto exchange, cryptocurrency exchange development

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