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Instant Non-Custodial Cryptocurrency Exchange-crypto app factory

Instant Non-Custodial Cryptocurrency Exchange-crypto app factory

Submitted by • March 6, 2020 cryptoappfactory.blogspot.com

The skeptics have always thought that Cryptocurrency was a fad and the value of it could perish anytime. Right after Facebook's Libra cryptocurrency was introduced, the price of Bitcoin and other cryptocurrencies shot up to dizzying heights proving them wrong once again. The wide spread adoption of it has started as more companies like starbucks,Facebook.compound Finance etc are putting cryptocurrencies to use with products we use everyday.

Before we talk about building a Non-Custodial cryptocurrency exchange, let's understand why it's different from a Custodial Exchange.

Custodial Exchanges are designed in such a way that the cryptocurrencies are held in one single master wallet that the exchange maintains and guarantees for its security. The user accounts created under these exchanges get a private wallet address under this common wallet with which they can store, buy or sell cryptocurrencies.

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