Server-Less Architecture for Crypto Exchange Platform

Do you know how a crypto exchange platform is made available to all? It is done with the help of hosting services. After you develop your exchange platform, you need to host it so that the traders can access and it by using the internet.

In recent years many people have started showing interest in cryptocurrencies. Because of this, the demand for exchange platforms has subsequently increased. With the growing popularity, people are demanding exchange platforms that are user-friendly and easy to access.

To do this, you need to choose the right hosting services. Exchange infrastructure plays a very crucial role in traders, exchange providers, and investors. To gain new traders and institutional investors, you need a robust exchange hosting architecture.

Earlier, there were only traditional cloud computing options available to maintain the exchange infrastructure, but you can now use different options. One of the most used options is server-less architecture. White Label Crypto Exchange Software functions on server-less architecture.

This post will discuss different types of cloud hosting infrastructure and show you why server-less architecture is mostly preferred for exchange platforms.

An exchange platform cannot functions without a secure infrastructure. It includes all the. It is the set of technology that helps the trader to buy and sell crypto on the platform. 

If the infrastructure is weak, it will severely affect the trade performance. The number of transactions is severely affected by the infrastructure. No matter how secure the infrastructure is, a reasonable price crash can severely impact it. 

With a reliable infrastructure, exchanges can efficiently process multiple transactions at the same time. Weak infrastructure leads to glitches and slow operation. All the different types of problems you face while using the exchange platform like downtime, crash, or network issues result from infrastructure issues.

By using a server-less infrastructure for your exchange platform, you can easily manage all the problems. It will not affect your trade count or volume. Traders can experience smooth transactions without any glitch or difficulties.

It is a type of web hosting. As we have discussed above, your exchange platform needs to be hosted to make it accessible online. Here different servers are used instead of one. Because of this, the load gets balanced, and there is no downtime. Multiple servers are used to host your exchange platform so that even if one server fails, others will help to balance the load. 

The cloud hosting architecture is different from regular web hosting architecture. In proper web hosting, only one server is used to host your platform, but multiple servers are used in cloud hosting. It helps to avoid exchange downtime and cluster problems.

Here are the different types of cloud hosting infrastructure to host an exchange platform.

Infrastructure as a Service (IaaS): You don’t have to buy your own servers when you can use the IaaS cloud computing service. Most of the exchange platforms use this service. They use Azure to manage their infrastructure while they can focus on other aspects of the exchange platform. It can be used for testing and development, website hosting, storage, backup, host web apps, etc.

• Platform as a Service (PaaS):

It offers all the services provided by IaaS, along with other development and deployment services. It helps to support all the development aspects of an exchange platform. Along with infrastructure, you can avail additional benefits like development tools and managing operating systems.

• Software as a Service (SaaS):

With this service, you can enjoy all the benefits of IaaS and PaaS, along with using your own cloud-based apps on the net. Exchanges can use this service to connect their own cloud-based app online. It is a complete solution. Large scale exchange platforms can use this service.

• Server-Less Architecture:

When you use server-less architecture, you don’t have to worry about managing the infrastructure at all. You can concentrate on developing your exchange platform while the provider will manage the entire infrastructure. 

Most of the exchange platform uses AWS to manage their infrastructure. You don’t have to maintain the exchange servers, storage, database, or application. You can focus on developing your exchange platform instead of managing all the operations. All the time and energy can be focused on developing a high-tech exchange platform without worrying about infrastructure hosting. 

You can use different types of server-less cloud services like AWS Lambda, Adobe, Google Cloud, Gateway, and Azure, to manage the infrastructure. Enterprise Crypto Exchange Development Company uses server-less architecture to develop an exchange platform.

Here are the pros and cons of server-less architecture.

• Price:

The most significant advantage of using server-less architecture is cost-cutting. By using this service, you can save a lot of money. Here, you only need to pay for the services used. You don’t have to pay a fixed price. The price will depend on usage. You can also cut all the operations costs required to maintain the exchange infrastructure. Moreover, you can save the server fees and use them to develop your exchange platform instead.

• No Maintenance: 

As the vendor manages the infrastructure, you don’t have to worry about maintenance. The vendor will maintain everything while you can focus on exchange operations. However, the third-party will handle all the updates and glitches. You can approach Crypto Exchange Solutions to develop your exchange platform while vendors maintain the architecture.

• Scalability:

Server-less architecture is naturally scalable. It will automatically manage the user-base growth. Your exchange platform’s scale will increase as the number of traders will increase. It will help you to manage transaction volume and trade count.

• Fast Delivery:

It improves the delivery speed. While running an exchange platform, you need to pay extra attention to the transaction time. With serverless architecture, the transaction time can be efficiently managed. Traders can trade quickly and easily on your platform.

• Efficiency:

It is more efficient than other types of hosting. When you use this service, you don’t have to worry about lags. Your exchange platform can easily manage large trades without any architecture problems. There will be less downtime as high-tech vendors maintain the architecture.

• Latency:

It also helps in improving the latency, which is very important for exchange platforms. The clients don’t have to wait to complete their transaction. It will save their time as they can easily access your platform from anywhere anytime.

• Focus on Development:

You can solely focus on developing your exchange platform. You don’t have to create or manage the architecture. It will help to concentrate on the core development other than hosting architecture.

• Customer Satisfaction:

Traders only want to trade with exchange platforms that provide different types of currency pairs and takes less time to complete an order. By using server-less architecture, you can easily focus on delivering these things to the traders. It will increase customer satisfaction.

• Security:

As the infrastructure is managed and maintained by the vendors, there might be security issues. Exchanges need to pay extra attention to the security of their platform.

• Third-Party:

Architecture management is done by their-party. It might increase risks, and they can control the architecture. You have to give up control in order to use server-less architecture.

• Disaster Recovery:

Disaster many occur from time to time while running an exchange like downtime or crash. You have to recover from this disaster as soon as you can. But with serverless architecture, it might be difficult as the management is not under your control.

As you can clearly see, server-less architecture can be very beneficial for operating and managing crypto exchanges. Server-less architecture is an essential part of White Label Crypto Exchange Development. If you want to manage your exchange platform without any hassle, you can server-less architecture.