Centralized Exchange Script

1. User Authentication and Security

KYC/AML Verification: Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures are crucial for regulatory compliance. The script should include features for user identity verification to ensure a secure and legal environment.

Two-Factor Authentication (2FA): Enhances account security by requiring users to provide two different authentication factors before gaining access.

2. Order Book and Matching Engine

Order Matching: A robust matching engine is essential for executing buy and sell orders efficiently. It should match orders based on price and time priority, ensuring fair and timely trades.

Order Types: Support for various order types such as market orders, limit orders, and stop orders to provide flexibility to traders.

3. Wallet Integration

Multi-Currency Wallets: Users should be able to deposit, withdraw, and store multiple cryptocurrencies within the exchange platform securely.

Hot and Cold Wallets: Implement a secure storage system with hot wallets for liquidity and cold wallets for long-term storage to enhance security.

4. Liquidity Management

Market Liquidity: Ensure high liquidity by connecting to external liquidity providers and supporting a wide range of trading pairs.

API Integration: Allow integration with third-party APIs to access external liquidity and market data.

5. Admin Panel

Dashboard and Analytics: A comprehensive admin panel with real-time analytics, transaction history, and user management tools to monitor and manage the exchange effectively.

Risk Management: Tools for setting trading limits, monitoring suspicious activities, and implementing security measures to mitigate risks.

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