Hiring our knowledgeable staff is the best way to obtain a new, specialized solution that will become a top-notch component of your DEX business. We have profound knowledge of blockchain and trading investment strategy concepts, which allows us to create top-notch systems with a deep understanding of a company's requirements and technical needs.
Traditional cryptocurrency exchanges (CEX) and decentralized exchanges (DEX) differ significantly in the fact that there is no need to transfer your assets to a third party (classic CEX) to make trades. All assets remain on the user's private wallet and will not be affected even if the exchange is compromised.
Decentralized exchanges are more reliable and resistant to the risks of unauthorized access or hacking as they are not hosted on a single server. DEXes are spread across the distributed ledger, which makes the risks or server downtime equal to zero. Although CEXes stay popular nowadays, In the history of cryptocurrencies, there have been times when the volume of trade on the DEX exceeded the CEX, opening almost unlimited horizons to boost digital businesses.
Innowise Group has 5+ years of experience in the development of blockchain-based solutions, including crypto wallet integration and payment gateway support. Platforms that we develop can boast user-friendly administrative panels, interfaces, and other customizable features, enhancing brand awareness and user engagement.
With a well-designed informative and easy-to-operate administration panel, businesses have instant access to key information about the platform's performance, which, in turn, allows them to take data-driven strategic decisions in the future.
We understand how important it is to provide users with the best security practices. Our vetted teams employ cutting-edge technologies, and can add ways of identification to the project that go beyond the classical understanding of decentralization, such as soulbound NFT.
Both businesses and customers benefit from tracking all operations to optimize their gas fees. Innowise Group empowers all its products with this indispensable feature so that users have transparent insight into their transactions’ history.
We leverage all modern technologies, ensuring a substantial level of security to eliminate the slightest risk of fraud e.g. flash boats attack. While cryptography gives users a high level of protection, Innowise Group covers the rest.
The more wallet providers will be integrated with the DEX platform, the more users the business will be able to take on board. Our experts will connect various types of existing cryptocurrency wallets to any decentralized exchange seamlessly.
Businesses frequently rely on payment gateway services to provide the ability to easily top up the user's wallet to interact with DEX. The solutions we provide allow customers to seamlessly integrate any existing services to conduct digital payments without any limitations.
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DEX development is an intricate process, which is affected by numerous factors, ranging from the choice of a platform to the way content is monetized. Therefore, we adhere to an individual approach intending to gain cost optimization and prevent budget overruns. Thus, the final price of a DEX platform will depend on the following factors:
With years of experience in the development of various blockchain-based solutions, Innowise Group provides its customers with top-of-the-line solutions. We are ready to develop decentralized exchanges with fully customized features to meet all the customers’ requirements, by leveraging all the necessary tools for management and support. We employ best development practices and techniques to deliver software solutions that skyrocket operational performance and bring high ROI.
Decentralized cryptocurrency exchanges allow users to conduct peer-to-peer transactions with no middleman within the cryptocurrency environment. As a result of such solutions, cryptocurrency owners can save control of their tokens, as well as enhance the privacy and transparency of their transactions. We build solutions that provide concrete financial benefits and contribute to the further decentralization of relationships between crypto owners.
Head of R&D Department,
Senior Architect at Innowise Group
Innowise Group offers its customers a full range of turnkey services for first-class DEX development. With our deep expertise in blockchain-based decentralized solutions, we are ready to provide businesses with sophisticated DEX platforms or DEX-related scripts and applications.
When it comes to hiring DEX developers, we take a flexible approach to working with our clients. You can either hire a full team to build a platform from scratch or augment your existing team with our dedicated developers to work on an ongoing project. Due to this flexible approach, we boast a low employee attrition rate and quick team ramp-up, delivering superior solutions without delay.
While both solutions are designed for the same purposes (exchange cryptocurrencies) there are still many differences between them. While CEX has strong governance, its decentralized counterpart offers more freedom to conduct payments and provides users with more control over their digitalized finances. Below, we highlight the main differences between centralized and decentralized exchanges.
The product evolves through a series of stages during the development life cycle, starting from analysis through development to maintenance. Innowise Group applies well-performing practices and its in-house expertise at each stage to ensure that goals are accomplished as planned.
Innowise Group has built an amazing application from scratch in an amazingly short time of just about 3 weeks. Their seniority and in-depth experience in this field make them valuable partners.
Innowise Group is a reliable tech partner, working as a part of our team. They are hard- working professionals, bringing strong expertise and dedication to everything they develop.
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A DEX allows users to conduct peering transactions without any intermediaries. Decentralized exchange customers have full control over their private keys and cryptocurrencies/tokens. Platforms of this type are based on self-executed smart contracts.
A decentralized exchange is a peering marketplace where users conduct transactions with smart contracts with no intermediary. DEXes are non-custodial platforms, meaning their customers remain in full control of their private keys during their interaction with such marketplaces.
The overall time of the development process depends on a wide range of factors, including the features and functionality that a particular end product should have.
Decentralized exchanges allow users to conduct transactions with automatic market maker transactions without any middlemen. Going further, such an approach allows traders to manage their digital finances using private keys without transferring money to the exchange’s wallet.
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After examining requirements, our analysts and developers devise a project proposal with the scope of works, team size, time, and cost estimates.
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