Comprehensive P2P/OTC Digital Banking Crypto Exchange
Budget: $5,000 – $10,000 USD
Flash Crypto Finance Exchange aims to develop a secure, scalable, and compliant cryptocurrency exchange platform that enables users to trade Lighter Ledger Pound (LLP) against multiple fiat currencies and cryptocurrencies. The exchange must support fast transactions, high liquidity, compliance with financial regulations, and robust security measures.
Key Features & Functionalities
1. Supported Trading Pairs
The exchange must support the following trading pairs:
✅ Crypto to Crypto
• LLP ↔ TRX
✅ Crypto to Fiat
• LLP ↔ GBP
• LLP ↔ EUR
• LLP ↔ USD
• LLP ↔ AED
• LLP ↔ INR
• LLP ↔ RUB
• LLP ↔ CAD
• LLP ↔ AUD
• LLP ↔ SAR
• LLP ↔ BHD
• LLP ↔ CHF
• LLP ↔ CNY
Exchange Model
The exchange will operate on a Hybrid Model:
- Peer-to-Peer (P2P) – For user-driven LLP to fiat conversions.
- Centralized Order Book – For faster LLP-to-crypto trading.
- Over-the-Counter (OTC) Desk – For large transactions.
User Roles & Access Control
1. Admin Panel
• Manage users, verify KYC/AML compliance, set trading fees, and control liquidity.
2. Trader/Investor
• Register, deposit, withdraw, trade, and manage portfolio.
3. Liquidity Providers
• Inject liquidity into order books via APIs.
Security & Compliance
- Regulatory Compliance
• Adhere to Financial Conduct Authority FCA UK, AML, and KYC regulations.
• Implement two-tier KYC verification (ID + proof of funds). (As explained by the authority)
- Security Features
• Multi-Signature Wallets (Cold & Hot Storage).
• Two-Factor Authentication (2FA) for user accounts.
• SSL Encryption for secure transactions.
Core Trading Features
1. Trading Engine
• Real-time order book with bid/ask matching.
• Market, limit, and stop-loss orders.
• Automated price discovery mechanism.
2. Wallet & Payment Integration
• Multi-currency wallets (LLP, TRX, and fiat).
• Fiat deposit & withdrawal via bank transfer, Revolut, or crypto gateways.
• Crypto deposit/withdrawal with transaction history & fees.
3. Liquidity Management
• Market makers and liquidity APIs.
• Integration with external liquidity pools (Binance, Kraken, etc.).
4. Compliance & Licensing
• The exchange and the token pricing must be compliant with Financial Conduct Authority (FCA) regulations in the UK and we need to set the price as the authority guidelines review the admin panel regarding the pricing features.
• Implement anti-money laundering (AML) screening for all transactions.
• Ensure GDPR compliance for user data protection.
https://polarpound.nationalsecurityframework.org/
Key Features & Functionalities
1. Supported Trading Pairs
The exchange must support the following trading pairs:
✅ Crypto to Crypto
• LLP ↔ TRX
✅ Crypto to Fiat
• LLP ↔ GBP
• LLP ↔ EUR
• LLP ↔ USD
• LLP ↔ AED
• LLP ↔ INR
• LLP ↔ RUB
• LLP ↔ CAD
• LLP ↔ AUD
• LLP ↔ SAR
• LLP ↔ BHD
• LLP ↔ CHF
• LLP ↔ CNY
Exchange Model
The exchange will operate on a Hybrid Model:
- Peer-to-Peer (P2P) – For user-driven LLP to fiat conversions.
- Centralized Order Book – For faster LLP-to-crypto trading.
- Over-the-Counter (OTC) Desk – For large transactions.
User Roles & Access Control
1. Admin Panel
• Manage users, verify KYC/AML compliance, set trading fees, and control liquidity.
2. Trader/Investor
• Register, deposit, withdraw, trade, and manage portfolio.
3. Liquidity Providers
• Inject liquidity into order books via APIs.
Security & Compliance
- Regulatory Compliance
• Adhere to Financial Conduct Authority FCA UK, AML, and KYC regulations.
• Implement two-tier KYC verification (ID + proof of funds). (As explained by the authority)
- Security Features
• Multi-Signature Wallets (Cold & Hot Storage).
• Two-Factor Authentication (2FA) for user accounts.
• SSL Encryption for secure transactions.
Core Trading Features
1. Trading Engine
• Real-time order book with bid/ask matching.
• Market, limit, and stop-loss orders.
• Automated price discovery mechanism.
2. Wallet & Payment Integration
• Multi-currency wallets (LLP, TRX, and fiat).
• Fiat deposit & withdrawal via bank transfer, Revolut, or crypto gateways.
• Crypto deposit/withdrawal with transaction history & fees.
3. Liquidity Management
• Market makers and liquidity APIs.
• Integration with external liquidity pools (Binance, Kraken, etc.).
4. Compliance & Licensing
• The exchange and the token pricing must be compliant with Financial Conduct Authority (FCA) regulations in the UK and we need to set the price as the authority guidelines review the admin panel regarding the pricing features.
• Implement anti-money laundering (AML) screening for all transactions.
• Ensure GDPR compliance for user data protection.
https://polarpound.nationalsecurityframework.org/