Launching a crypto exchange today requires technology that has been battle tested for security, scalability, performance, and regulatory compliance.
Modulus is headquartered in the US and has been developing trading technology and exchange solutions for the likes of Nasdaq, Bank of America, JP Morgan Chase, and Goldman Sachs since 1997. Our digital asset technology clients include some of the industry's largest players.
With the Modulus crypto exchange solution, startups and existing exchanges can benefit from over 100,000 manhours of software development and over 25 years of industry experience to deploy production-ready exchange instances in only a matter of hours to any cloud hosting provider (or bare metal hardware cluster). Flexible deployment options allow for Docker Swarm or Kubernetes, with robust load balancing and failover support.
With Modulus, you are in complete control of your business, as you (and only you) will be in control of your user data, trades, and profits. Modulus does not require ongoing royalties, commissions, or backend deals with liquidity providers or other service providers (unlike all other solution providers).
Full source code is available, which allows for a greater company valuation, robust security with the ability to audit code, and the flexibility to customize the software source code (including mobile apps for spot trading) to your exact needs. With Modulus, you have complete continuity of business. Gone are the days of relying on an unreliable white label provider.
With Modulus, your users can trade cryptos and other digital assets including security tokens via spot or futures (derivatives) with over 100x margin.
Powering your exchange with Modulus lets you quickly develop profitable revenue streams, access unlimited liquidity and trade multiple currencies all from just one single exchange solution – and all on your terms.
Also, our superior design enables your exchange to service more clients, as our spot matching engine scales to 84 million transactions per second, making it the fastest matching engine on the market.
Most exchange solutions are not only slow and lack basic security features, they limit trading capacity and profitability. They come with costly revenue sharing schemes and long-term contracts designed to lock clients in for several years. They're also hard to get up and running, and even harder to scale.
The Modulus exchange solution is different. We designed it to empower you, not raid your profits.
Launching a new exchange comes with a chicken-or-the-egg problem; without any users, order books will be empty. With empty order books, users won’t trade. With Modulus, your exchange will have a full order book on day one. A built-in remarketing system with advanced market making bots will remarket orders from other cryptocurrency exchanges including Kraken, Binance, Bitfinex, Poloniex, HitBTC, Huobi, OKX, and many others. You may also connect with any paid liquidity service provider such as Aquanow, B2C2, Bluebelt, and others. Additionally, Modulus also offers the industry's most advanced smart order routing system, which features dynamic hedging and synthetic pairing.
Our cryptocurrency exchange software is highly scalable and fault tollerant. It can be setup in a matter of a few hours on Linux servers using Docker containers. Extensive training and testing can begin immediately after setup. With Modulus, you can focus on what matters most; driving traffic and signups!
For a one-time license fee, the solution can be installed on your AWS or Azure servers, or on your own hardware. Instructions are provided to get you started, and then hand the controls over to you. Should you require any assistance, training and support are available through a network of Modulus Certified Partners.
The Modulus exchange solution offers a customizable web front-end built with React.js, mobile applications for spot trading built with Swift and Java (full source code is available), and a fully functional backend built with Go and C# (again, full source code is available) with a fully documented developer API so you can build a custom frontend or backend.
Your development team will be able to modify the front-end, our matching engine, risk management & trade surveillance engines and more to unlock the full potential of our world class digital asset exchange solution. Say goodbye to dangerous, unsupported open-source exchange script source code!
See our developer documentation, technical document,
server requirements and our security document. A comprehensive knowledge base is available.
Face it, digital asset exchanges are often hacked. That's why we've performed a comprehensive security analysis of all hacks & phishing campaigns to date. We have designed our solution with best security practices, enlisted the help of ethical hackers and security groups, partnered with CloudFlare, and implemented a multi-layer security architecture making the exchange virtually impenetrable.
Our exchange solution is versatile. You can list unlimited tradable assets, including digital assets and fiat currencies (if your business is licensed to deal in fiat currencies).
You can trade digital assets, forex, equities, precious metals and commodities, derivatives, bonds, and other assets.
The user interface, and even the matching engine, can be customized, if required. In fact, every part of our solution can be customized to any extent.
With Modulus, there are no long-term contracts, recurring license fees, or revenue sharing schemes.
The Modulus exchange solution includes a professional trading platform front-end with native mobile apps for spot trading developed using modern technologies such as React, Swift, and Java for optimal performance (full source code is provided). A developer API is provided to facilitate the development of trading bots, custom web & mobile user interfaces and admin applications.
Secure hot & cold wallet options include our full node server setup or optional BitGo, Fireblocks, Metaco, Copper, or GK8 custodial service integration. Custom liquidity provider integrations can be added along with smart order routing and custom market making bots. An instant buy/sell broker model system can be enabled, and custom payment gateways and banking integrations can be added as well.
Exchanges powered by Modulus can also feature the patent-pending Modulus Exchange Trust Score™ System. The Modulus Exchange Trust Score System is a revolutionary solution which aims to provide a higher level of trust for digital asset exchanges.
Two-Factor Authentication (2FA) and Multi-Factor Authentication (MFA) with YubiKey is built in, and hardware security via AlienVault is optional. CloudFlare is enabled by default. Advanced KYC/AML support is provided with multiple KYC service providers already integrated, including Coinfirm, ComplyAdvantage, IdentityMind, IDology, Jumo, ShuftiPro, Sub&Substance, Trulioo, SynapseFI, Thomson Reuters, Civic, Verijelas, IDnow, OnFido, manual KYC and other options. Integration with CipherTrace and Chainanalysis is also provided, in addition to anti-market manipulation features is also provided. Post-trade surveillance AML with anti-tumbling and collusion detection functionality is also provided, which is powered by an AI neural network that identifies and diffuses money laundering attempts.
Advanced geo-fencing is provided, which identifies not only geographies of IP addresses, but also their respective ISPs and organizational owners. Tor browsers and VPNs can be detected and rejected. GDPR compliance support is provided. Tokenization functionality is optional, which enables the exchange to digitize assets for fractional share trading, with optional Securitize integration. FreshDesk customer support integration can also be added.
AI-driven anti-market manipulation, anti-money laundering, and anti-tumbling/anti-mixing features are built-in, for complying with current and future regulations. Built-in admin logging tracks all exchange employee actions, including reading, writing and deleting. Exchange admin permissions can also be set, so custom admin accounts can be created that can process withdrawal request or edit/view specific account data.
Thousands of tokens can be added via the admin control panel. Maker/taker fees and custom rules can be set. Stable coins can be added (similar to TrueUSD or USDT) so traders can park their funds on the exchange. Admins can manage referral programs, manage utility tokens for exchange fee discounts with customizable tiers (similar to the Binance Coin), Initial Exchange Offerings (IEOs) can be performed (if permitted by law) and much more.
Modulus also offers extended optional functionality not found anywhere else, including scripting languages for trading system development and back testing, expert advisors, auto-trading, market scanning, social media trading (copy trading), sentiment analysis, pattern recognition, A.I. trading systems and more.
At Modulus, we make it fast, easy and painless to start your own exchange and we also enable you to maintain a competitive edge by offering the most advanced features on the market. Schedule a demo to learn more
Modulus Certified Partners offer a wide range of customization and support services allowing you to customize your exchange and ensure that your exchange is always available, 24/7.
If you require specific features or enhancements for your exchange, no matter how big or small, we are happy to oblige. Our development rates are competitive and because we are highly familiar and skilled with our source code, we can usually develop new features for less than the cost to perform the same development in-house.
Modulus is constantly innovating and developing new features. You will receive one year of free complimentary product updates and technical support to help keep your exchange up to date, so you can exceed your existing users’ expectations and attract new users. You will have complete control and discretion over new upgrades and features. After the complimentary one year maintenance period concludes, you may continue using the software and you may optionally renew the maintenance subscription at a modest monthly rate, if you so choose. If you decide to cancel your maintenance subscription, however, you may renew it at any time in the future.
Through the implementation of full nodes for each asset (which may be hosted on your servers), customers can use any token to deposit funds into your exchange, and they will receive an email verification after funds (including fiat currency) have been received.
Hundreds, and even thousands, of tokens can be enabled; however, as the exchange operator, it is your responsibility to determine the legality surrounding each listing.
High performance technology for financial markets has been our focus for over two decades. We provide only the best solutions, and our offerings are not cheap. Low price is the last refuge of software companies that lack the necessary resources and qualifications to deliver quality solutions capable of withstanding heavy load and strict government regulation. With Modulus, you will have complete peace of mind, so you can focus on your core business.
Our solution was designed to disrupt the industry and to provide our clients with a competitive advantage. Many exchanges can't handle more than one or two million transactions per second. Some can't handle 100,000 or even 15,000 transactions per second. Our exchange easily outperforms them all, by leveraging our two decades of experience and source code frameworks. Additionally, our source code has been written in the Go programming language, which was designed by Google in 2009 as an alternative to standard programming languages like C++. Go was designed for computationally intense server applications.
Most vendors require a long-term contract and many will impose a revenue sharing scheme. Some vendors offer liquidity "solutions" designed to steal your profits. And almost all vendors charge extra for optional features or for adding tokens. At Modulus, we charge a simple one-time license fee, which is straightforward, fair, and honest. We will never create software limitations or problems for you in order to extract additional profits.
Includes a pre-built, customizable exchange website, a React web app, and native mobile apps for spot trading with a modern appearance, designed for all versions of iPhone and Android phones, tablets, desktop, and web. Our UI design solves shortcomings and UX design flaws of existing popular exchange apps. The UI supports multiple languages via a globalization file, including right-to-left text. Features include 2FA, GDPR support, professional charting, technical analysis tools, push notifications and more.
Admins can issue new listings, if permitted by law in your jurisdiction. Set your own deposit and withdrawal limits for one user or for all. Offer margin trading and lending. Fractional share trading. Set up trading halts and curbs based on specific criteria to prevent flash crashes. Run Proof of Solvency audit reports to prove reserves. Permit institutional traders to connect via FIX protocol, or enable Dark Pool trading. Maintain an affiliate system to reward traders for referrals, offer auto-trading, expert advisors, market scanning, trade alerts, trading system back-testing, social media integration, social media sentiment analysis, pattern recognition, A.I., chat room, and more.
List new assets, follow live stats within graphs and gauges for number of new user signups per hour, number of trades per day and per hour, average trade size, detailed order book information, exchange security status, and review other important information including Profit & Loss, Open Positions, and Account Balances, manage liquidity, manage individual or group user accounts and much more.
Most new exchanges fail to gain traction due to inadequate trading volume. It's a common dilemma: a new exchange needs to attract customers, but customers need sufficient trading liquidity to place trades. If there aren't enough customers on the other side of the equation, nothing happens. The exchange goes nowhere.
That's not an issue, if you are using Modulus. Your exchange can be connected to other exchanges for added liquidity, and you can adjust rebates and cash incentives to attract market makers to your exchange. At Modulus, we do not charge additional fees or require revenue sharing for adding liquidity to your exchange, unlike other providers.
With Modulus, the choice is yours. Just remember: your local laws and regulations may stipulate what you can or cannot do with regard to market making, so be sure to consult with your legal counsel before launching or enabling certain features.
This isn't only the fastest, most powerful exchange solution out there. It's also one of the most secure. As financial technology experts, we've taken every possible risk and vulnerability into account. We've learned from numerous sophisticated attack vectors that we've witnessed with other exchanges.
Your exchange will be protected with multiple security layers including two-factor authentication, anti-phishing features, geofencing that also detects VPNs and Tor exit nodes, database encryption, DDoS mitigation, network and trade anomaly detection, enterprise-grade offline multisignature vaults (for digital asset exchanges), optional hardware security devices, plus independent penetration testing and source code analysis.
Use Know Your Customer (KYC) verification to process identify checks (name, address, and ID documents), and Anti-Money Laundering (AML) to monitor real-time risk scoring through machine learning. We support KYC & AML providers such as Jumo, Trulioo, IdentityMind, Shufti Pro, SynapseFi, Cognito, and 4Stop.
Our exchange solution has been designed to comply with current and future regulations. Using machine learning, the Modulus exchange solution analyzes pre-trade and post-trade data to identify suspicious activity such as large trades, pass-through trades, wash trades, spoofing, layering, stuffing, hammering, momentum ignition, and money laundering, allowing administrators to freeze accounts as needed and generate Suspicious Activity Reports for regulators.
Please note that the Modulus exchange solution may not be used for converting digital assets into real currency or vice versa without proper licensing and regulatory oversight. The solution may also not be used for sports betting or gambling if not permitted in the jurisdictions where you plan to conduct business. Modulus provides geo-fencing functionality to prevent unauthorized users from accessing your exchange, if required. Consult with a lawyer before launching your exchange. Digital asset exchanges must follow all rules with proper legal compliance, AML, and KYC in place for not only the jurisdiction in which the exchange is domiciled, but also for each jurisdiction in which it conducts business. Modulus provides software that sits between financial products and institutions. As such, we are not a licensed financial institution. If your organization plans to accept deposits and issue credits on any digital asset network, it is likely you will need to be a licensed money services provider (MSP) or mobile money operator (MMO). All Modulus clients should heed the regulatory environment of their organization. Modulus does not provide legal advice or guidance. Due to regulatory restrictions, Modulus does not provide market making bots for derivatives exchanges.