Development of the Coinmate cryptocurrency exchange

Between 2014 and 2023 we delivered a complete solution for one of the largest cryptocurrency exchanges in Central Europe – Coinmate. The platform’s development was iterative and after 6 months of development, in October 2014, the new cryptocurrency exchange was deployed into the production environment. During 2015 – 2023, Profinit consultants worked with the exchange’s internal team on numerous extensions and related integrations, such as client onboarding, trading and marketing. One of the project’s biggest challenges was to design and develop a trading kernel that would provide buy and sell order entry and matching. A specific challenge was also to understand the workings of each cryptocurrency and provide integration to their blockchain so that users could make deposits and withdrawals.

“Profinit’s team of experts created a cryptocurrency exchange for us based on our requirements from the ground up. They designed a comprehensive solution, which we successfully implemented, and helped us develop it further. Thanks to their experience in the banking environment, we were assured of the high security of the exchange. We also see Profinit’s consultants as important partners who helped us make key decisions to further develop our trading platform.”

Roman Valihrach, Founder of Coinmate