CoinPappa

CoinPappa team has been using a lightweight solution where verification and exchange had to be done manually. CoinPappa wanted to automate the operations as much as possible, while keeping high flexibility of working with individual clients. Due to the specifics of serving the clients from various risk groups, the application had to be built highly customizable in runtime: the verification process, operation limits and available operations themselves can be managed by platform administrators at any moment.

The product was built from scratch. It consists of the client trading application and a robust CRM for managing clients verification, transactions and support. Application uses Multi Party Computation (MPC) technology for client in-app wallets creation, funds storage and operations. It establishes the clients verification through enhanced multi-step KYC checks and regular KYT screening of the wallets and transactions. For convenience of Canadian users the platform supports E-Transfer, Bill Payment and direct bank transfer methods for FIAT operations. Application operates with several liquidity providers integration to choose the best rates for exchange and has a rebalancing system for platform-stored FIAT and crypto funds to avoid settlement prolongations and establish exchange as instant as possible while following regulations. In the back office the application has robust dynamic role system, management and configuration of client verification process, FIAT and Crypto operations, analytics and reporting.