BITUNI

BITUNI

This project is a cryptocurrency exchange website

The problem BITUNI solves

This project is a crypto currency exchange website that allows users to buy, sell, and trade Bitcoin, Dogecoin, and Ethereum. Users can view real-time prices and the difference between the coins. It provides a convenient way for individuals to engage in cryptocurrency trading but it's important to understand the risks before making any transactions. The website uses APIs to connect to the different blockchains and get real-time data of the coins. The project aims to make cryptocurrency trading more accessible and convenient for users.This project is a crypto currency exchange website that allows users to buy, sell, and trade Bitcoin, Dogecoin, and Ethereum. Users can view real-time prices and the difference between the coins. It provides a convenient way for individuals to engage in cryptocurrency trading but it's important to understand the risks before making any transactions. The website uses APIs to connect to the different blockchains and get real-time data of the coins. The project aims to make cryptocurrency trading more accessible and convenient for users.

Challenges we ran into

Some potential challenges that may arise during the development and maintenance of this project include:

Volatility of cryptocurrency prices: Cryptocurrency prices can be highly volatile and can change rapidly, which can make it difficult to accurately display prices on the website.

Security risks: Cryptocurrency exchanges are often targeted by hackers and other malicious actors, so it is important to ensure that the website is secure and that user's personal and financial information is protected.

Regulation: Cryptocurrency regulations vary from country to country, and the exchange website may be subject to different laws and regulations depending on where it is accessed from.

integration with external services: Integrating the exchange with other external service like wallets, payment gateways and crypto exchanges to ensure smooth transactions.

Maintenance and scalability: As the project grows, it can become more difficult to maintain and scale the website to handle an increasing number of users and transactions.

These are some of the potential challenges that the project might face, but there may be other unforeseen challenges that may arise during the development and maintenance of the project.

Tracks Applied (1)

Ethereum Track

This project is a crypto currency exchange website that allows users to buy, sell, and trade Bitcoin, Dogecoin, and Ethe...Read More

Polygon

Technologies used

Discussion