Features of Fortified X Exchange

The Fortified X hybrid exchange is underpinned by market-leading features to enable enterprise-grade security, performance, and scalability.

● Powerful matching engine: A robust matching engine integrated into the Fortified X exchange matches buy and sell orders with minimum latency. This resilient system is capable of delivering an exceptionally high throughput, processing between 1 million and 2 million transactions per second. In addition, the matching engine comprises built-in order types for a market order, limit order, and stop order, which is essential for a crypto trading system.

● Secure wallet: The Fortified X exchange is reinforced with a multi-signature wallet that requires more than one person to authorize a transaction using their private keys. This stringent protocol ensures that even in the event of unauthorized access to a single private key by malicious actors, the transaction cannot be executed without the co-signer's authorization. It adds an additional layer of security and allows secure storage and smooth transactions for a spectrum of cryptocurrencies. The Fortified X team also aims to deploy the option of cold storage/wallet for deposits while allowing a fraction of each user's crypto assets to remain in the online hosted wallet to help prevent the theft of funds in the attempt of a security breach or hack.

● KYC and AML: The implementation of a geography-based Know Your Customer (KYC) and Anti-Money Laundering (AML) process ensures user identity verification, particularly in instances involving the withdrawal of a large number of cryptocurrencies from the wallet of the exchange. By integrating this process, Fortified X demonstrates a commitment to upholding regulatory compliance and mitigating potential risks associated with large-scale cryptocurrency withdrawals.

● Multi-layer security: The Fortified X exchange leverages advanced security solutions like SSL implementation and two-factor authentication for additional login security and encrypted user access. In 8 addition, the platform is reinforced with an AI-powered out-guard security layer for 24-hour monitoring and an encryption mechanism to encrypt sensitive data. The integration of those features provides a resilient and secure environment to safeguard user data and enable cryptocurrency transactions.

● Options for high liquidity: In a scenario when a buyer is unable to get the appropriate seller, liquidity is achieved by creating an API connection with an external provider by creating a business account. The platform is integrated with a real-time liquidity tracking system for major exchanges, utilizing a collective pool server and a shared order book. This solution empowers Fortified X to seamlessly complete transactions, even in instances where individual exchanges may experience a shortage of liquidity, thereby enhancing overall market efficiency and resilience.

● Support for a spectrum of cryptocurrencies: The exchange is designed to support over 100 cryptocurrencies. The scalable architecture facilitates the integration of any currency into the exchange. It empowers users to diversify their investment portfolio and leverage the full potential of the cryptocurrency market.

● Multi-language support: The Fortified X exchange provides multi-language support to increase the global reach of the platform. The system’s UI provides the best UX for left-to-right and right-to-left languages like Arabic.

● Self-explanatory interface: The Fortified X exchange is supported by an intuitive interface designed to enable users to seamlessly navigate the platform and engage in trading. In addition, the platform is reinforced with a 24-hour customer support system and a live chat feature that does not necessitate user sign-in. Users can access immediate assistance and guidance at any time. This robust support infrastructure enhances the overall user experience and provides prompt resolution of any queries or concerns that may arise during their engagement with the platform.

● Mobile application: The Fortified X exchange is poised to offer a mobile application with a truly global reach. This app will provide global users with seamless access to features and functionalities of the exchange, thereby enabling them to conveniently and securely engage in cryptocurrency trading from any location. By extending its presence to the mobile platform, Fortified X aims to deliver a truly inclusive and accessible experience for a diverse and geographically dispersed user base.