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Why Is The Launch Of OpenDAX3 By Openware So Hyped?

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Openware, Inc. is one of the highest-ranked, leading software engineering companies for the open-source Blockchain. Openware offers revolutionary products and services for DeFi developers, helping them create a financial infrastructure for the future.

Openware has declared March 2021 as the launch date for its most awaited OpenDAX3 crypto exchange software platform with the Exchange Liquid Network (XLN).

What are OpenDAX and XLN?

Open-Source Digital Assets Exchange or OpenDAXTM is a very flexible open-source cryptocurrency exchange software platform. It consists of private and public code repositories and is a perfect tool to build a fully-featured service for crypto exchange and digital asset management.

OpenDAX Exchange Liquid Network or XLN is an innovative network to solve the years-old issue of crypto liquidity for the numerous exchange platforms. It offers a way to seamlessly scale your cryptocurrency exchange software platform and develop your crypto business.

What’s new in OpenDAX3?

Starting March 2021, the OpenDAX XLN is live and operational! As the existing OopenDAX engine user, all you need to do is subscribe to one of its flexible packages and get the XLN API calls. One of the significant benefits of the XLN network is that it charges zero fees on making traders, even if you charge your clients.

The all-new OpenDAX3 offers various promising and exciting features that can completely change the conventional outlook of crypto exchange platforms.

The platforms’ worldwide liquidity network access is the most prominent feature of the OpenDAX3 crypto exchange software platform. Now all OpenDAX crypto exchange engine users can enjoy worldwide shared crypto liquidity and aggregated market orders. You can provide exciting crypto trading offers to your customers as soon as your exchange platforms go live.

OpenDAX3 comes with a simplified installation, deployment, and configuration process you could compare the macOS and Windows installation wizards. The low-code deployment process lowers the required cloud tech expertise it would generally take for a starting developer to start experimenting with the OpenDAX stack.

Some of the other remarkable developments in OpenDAX3 include the addition of a UI customization tool for the platform front-end. You can choose from many color schemes, fonts, designs, custom logos, headers, footers, etc. The OpenDAX3 UI customization will definitely save a lot of penny on the front-end development costs.

Significant rework on the configuration between miscellaneous platform components allows for simplified maintenance. The platform administrators can now set various configurable parameters such as KYC levels, super admin credentials, market pairs, exchange info, and other miscellaneous platform settings.

Fireblocks and Sonic integrations are also coming in the OpenDAX3.

Fireblocks integration will significantly enhance the operational security and challenge efficiency with multi-layered security, compliance, comprehensive policy, etc.

The Sonic implementation promises an advantage on the front-end loading speed due to combining Go and JavaScript. The result is added benefit of increased search visibility and SEO for the OpenDAX3-powered crypto platform.

Got a crypto business in mind?

Openware has aided various businesses, enterprises, and startups in launching their crypto business platforms. If your company is interested in crypto business services, then approaching Openware is an absolutely correct choice. Their experience in creating market-winning Blockchain software solutions is unbeatable. 

Openware is a highly trusted brand when it comes to quality software engineering for crypto exchange and banking platforms.

Stay updated about Openware activities, Blockchain software development news, Cybersecurity, and latest Fintech technologies by following Openware on their website and social media:

Website: GitHub: LinkedIn: Twitter: YouTube

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