How to Launch Your Own Crypto Exchange in 2023
Start your own crypto exchange. AlphaPoint step-by-step guide on how to launch a crypto exchange!
Growth and Development:
Client Activity: AlphaPoint clients’ account activity and trade volume remained strong in a year where total crypto market capitalization halved from $2T to slightly under $1T year-over-year. Marketplace customers, who serve over 40M end-users globally, increased users and accounts on platform nearly 30% over 2021 figures, growing to over 9M accounts across client exchange, brokerage, and wallet platforms worldwide in 2022.
Despite significant headwinds, we continue to deliver exchange and trading technology expertise to power emerging new markets, onboarding 10+ new clients serving end-users in every continent globally. Notably, we partnered with new institutional clients in Columbia, Greece, and the UAE who strive to bring access to advanced digital asset trading capabilities to their customers.
Company Expansion: While several firms in the industry have paused hiring, AlphaPoint continues to aggressively expand the team globally, with new offices and team members joining in LATAM and APAC. In 2022, we grew our company to 150+ employees worldwide, with over 100 total new hires. We are committed to continue recruiting world class talent to empower our customers with critical financial infrastructure. AlphaPoint currently has 20 remote positions open to candidates across the globe in product development, engineering, and technical operations.
Company Updates & New Features/Capabilities:
SOC Certification: In 2022, AlphaPoint became one of the few crypto companies to be issued SOC 1 and SOC 2 Type 2 reports, rounding out our efforts at complete SOC compliance with all four (SOC 1 T1 & T2, SOC 2 T1 & T2) now covering our White Label Exchange Software (APEX) and suite of products. As a prerequisite for providing core services in many major financial institutions, SOC 1 Type 2 and SOC 2 Type 2 examinations are an important audit of systems and controls that establish professional grade processes and functionality to assist in determining suitability for institutional use.
APEX 4.2 Release: AlphaPoint released the next major update to our APEX white label exchange platform with the 4.2 Release. APEX 4.2 included a number of improvements to stability, scalability and security, including the scalable Lite Gateway, a new OMS FIX Gateway and support for YubiKey multi-factor authentication.
Bitcoin Lightning Network: AlphaPoint worked to enhance Bitcoin’s Lightning Network payment protocol for instantaneous settlements on the Chivo bitcoin wallet, with transaction activity from the wallet ecosystem contributing to a 400% overall increase in transaction volume on the Lightning Network worldwide.
New Partner Integrations: AlphaPoint expanded the availability of third party integration options in our client marketplace significantly, with the addition of 10+ NEW partners including:
Notable Events:
AlphaPoint continues to maintain a global presence in the industry by speaking, sponsoring and attending global finance and digital asset events to advocate for increased adoption and fair regulatory frameworks.
We hope to see you in person at an event in 2023!
Start your own crypto exchange. AlphaPoint step-by-step guide on how to launch a crypto exchange!
Wishing you a 'Happy HODLDAYS 2022' from AlphaPoint
For nine years, we have been believers in bitcoin and crypto’s ability to bring financial freedom and inclusivity to those most in need.
A recap of AlphaPoint's trip to Bitcoin 2022 in South Beach, Miami.