15-minute lightning launch, how does the ChainStar SaaS system act as a liquidity provider in the exchange track?

Author: Frank, Foresight News

The sound of cattle can be faintly heard. Driven by expectations for a spot Bitcoin ETF, the recent market trading enthusiasm has surged, initiating a broad market rally. At the same time, leading exchanges are competing for existing users around concepts like ORDI, suggesting that the market's revival seems to be just a thought away.

This indicates that at the turning point of a bear and bull market, the emergence of new trading hotspots often leads to user migration and reshuffling of exchange dynamics. So if someone wants to position themselves in trending cryptocurrencies and quickly seize the opportunity, they undoubtedly need to start a cryptocurrency exchange from scratch. How long would that take?

1 year? 6 months? 1 month? 2 weeks? Just 15 minutes, which is also the answer provided by ChainStar.

As a service provider focused on offering one-stop SaaS solutions for trading platforms, ChainStar aims to enable clients to obtain a comprehensive service functionality that includes wallet & liquidity, DEX & CEX, spot & derivatives, with simple configurations without the need for separate development, quickly building a systematic architecture that meets cryptocurrency trading needs.

Exchanges: The First Choice for Positioning in the Incremental Crypto Market

In the crypto industry, exchanges are always the track that benefits the most from bonuses and wealth accumulation effects, but they are also one of the most fiercely reshuffled tracks.

It has been a year since the sudden collapse of FTX in early November 2022, and the entire crypto industry and exchange landscape have undergone some significant changes.

In particular, leading platforms like Binance, OKX, and Huobi, along with many small and medium exchanges, have successively launched proof of reserve assets, promoting further development of exchange transparency, which has, to some extent, reassured the market's trust in exchanges.

According to a report on the trends and prospects of cryptocurrency exchanges released by Boston Consulting Group (BCG), cryptocurrency is still in the early stages of the adoption curve, with the number of crypto users potentially reaching 1 billion by 2030. It is expected that the top five exchanges will account for 65% to 75% of spot trading volume and 80% to 90% of derivatives trading volume in the future.

Therefore, in the foreseeable future, CEX will still be at the core of the crypto market. Such a large market size and the emergence of various trading hotspots also harbor opportunities for emerging exchanges to take off during the incremental explosion period. The trend of leading exchanges "dominating alone" has already reached its peak; the pattern of "one strong and many robust" may be the next wave of the industry's background.

As the primary entry point for blockchain traffic, exchanges are in high demand, high frequency, and long retention time, allowing them to generate revenue through high trading volumes. Thus, at the end of the bear market and the beginning of the bull market, positioning an exchange is the first choice for entering the incremental crypto market; the business of "selling water" will naturally become a necessity among necessities.

However, starting an exchange from scratch often requires assembling a complete professional team, including developers, security teams, legal advisors, marketing teams, customer service teams, etc. It also requires a significant investment to continuously maintain the platform's technical development, security protection, legal compliance review, and marketing efforts.

From a cost and time perspective, this is undoubtedly very unfriendly to exchanges that need to quickly sense layouts and enter the market. Therefore, one-stop exchange solutions have emerged, which is no longer a novelty in the industry. Previously, leading exchanges like Binance, Huobi, and OKX have provided one-stop solutions for digital asset exchanges.

Theoretically, trading platforms built on these leading exchanges' one-stop solutions can increase market depth and liquidity while sharing security and protection advantages. However, joining a giant ecosystem comes with trade-offs:

The most direct consequence is the loss of autonomy over trading data. The most important user data and trading capabilities of the exchange remain within the ecosystem of the giant exchanges. Consequently, the subsequent operation and activities of the exchange will heavily rely on the giant ecosystem, leading to a loss of certain autonomy for emerging exchanges.

One of ChainStar's greatest distinctive advantages is that it provides a one-stop efficient solution for enterprise-level users, allowing new exchanges to be privatized and customized while retaining complete autonomy.

ChainStar's One-Stop Trading Solution

In ChainStar's view, in the unpredictable crypto market, time signifies uncertainty; "a slow step means slow progress," and a sluggish response means falling behind completely.

Therefore, ChainStar's one-stop trading solution directly covers all functional elements needed to build an exchange from scratch, aiming to take care of all services required for building an exchange, providing the necessary infrastructure for users, and modularizing elements at various levels, allowing clients with needs to directly engage and act as a "hands-off manager" in the technical dimension.

ChainStar's one-stop trading solution specifically includes providing comprehensive trading solutions, full-process service provision, and full-chain packaging services.

Comprehensive Trading Solutions

Today's crypto market trading demands have become highly diversified. In addition to spot trading, derivatives trading now accounts for over 70% of total trading volume.

ChainStar has established a complete system around cryptocurrency trading, covering all scenarios, including spot trading, derivatives trading (futures contracts, options contracts, etc.), and even DEX trading setup services.

In short, whether clients want to create a new crypto trading platform or upgrade an existing one, whether they want to provide spot trading or include various derivatives, ChainStar can provide comprehensive support to meet the needs of exchange users to execute multiple types of cryptocurrency asset trading on the same platform.

Full-Chain Packaging Services

Of course, exchanges, in addition to trading, essentially also play the roles of wallets, payment, and liquidity service providers, which leads to extremely high development complexity and operational capability requirements.

Through packaging services, ChainStar can provide one-stop full-chain services from crypto asset storage, payment to liquidity provision, helping clients quickly acquire all functional elements of an exchange and securely build and operate a cryptocurrency trading platform.

Whether it's building a wallet system for securely storing crypto assets or integrating payment functions and trading liquidity, ChainStar can provide full-chain service support.

Additionally, some enterprises wish to have complete control over their trading platforms and deploy them in their private environments to ensure data privacy and security. ChainStar also supports the privatization of white-label platforms, meaning clients can have their own trading infrastructure and customize it as needed.

Full-Process Service Provision

Exchanges are a long-term endeavor, so quickly launching is just the first step. After seizing the opportunity, ongoing operational support, user services, and other aspects are also enduring tests.

In this regard, ChainStar can also provide a professional customer support team to assist users in solving problems, gaining market insights, and providing trading advice.

Moreover, every enterprise has unique needs, and ChainStar can offer highly customized solutions to suit local conditions. Regardless of what product demands clients have, they can achieve precise customization through privatized configurations.

ChainStar's Service Advantages

So what specific advantages does ChainStar's lightweight, one-stop, 15-minute lightning launch service have compared to traditional digital asset exchange one-stop solutions?

Rapid Setup and Quick Launch

First, in terms of deployment cycles, traditional exchange setup models typically require several months to a year or even longer to complete. Some SaaS one-stop solutions can take weeks to initiate services, including demand analysis, system design, development, testing, and launch across multiple stages.

In contrast, ChainStar's SaaS exchange deployment cycle only takes 15 minutes, during which exchange operators can connect to ChainStar's liquidity pool and quickly launch the exchange in less than 5 minutes.

Minimal Configuration and Human Resource Requirements

Additionally, traditional exchange setup models usually require a large amount of human resources, including project managers, system analysts, developers, testers, and operations personnel. ChainStar's SaaS exchange deployment requires minimal human resources, allowing exchange operators to avoid cumbersome technical development and operational tasks, only needing simple configurations and management.

Exchange operators can flexibly choose the most suitable human resource configuration model based on their actual situation:

• Minimum configuration: No technical personnel, only operational staff for backend configuration and other operations;
• Intermediate configuration: Product managers, operational staff;

Extremely Low Deployment Costs

According to official disclosures, the initial cost for deploying ChainStar's exchange is approximately 80,000 USDT, which includes initial installation fees as well as wallet custody, trading pair management, user management, and market cap management modules. Additionally, there is a monthly technical service fee of 10,000 USDT.

However, it is worth mentioning that ChainStar offers preferential policies for new users, with new sites enjoying 3 months of service fee exemption, significantly lowering the entry barrier for new users.

In short, rapid setup, quick launch, and significantly reduced development time and costs. From 0 to 1, from 1 to 2, ChainStar can help clients who want to establish exchanges to "move quickly and keep moving":

It provides exchanges with a complete trading system quickly, including trading software, risk management systems, liquidity and bridging systems, customer and agent management systems, marketing management systems, as well as network and security solutions, while ensuring that the exchange retains complete autonomy over users, data, and technology systems.

Team and Investment

According to official disclosures, since its establishment, ChainStar has had over 300 full-time employees. In terms of product research and development, ChainStar has a large technical team, including front-end developers, back-end developers, blockchain engineers, and security experts.

The front-end and back-end development teams each consist of over 200 engineers responsible for developing and maintaining the company's SaaS platform, as well as providing technical support and solutions.

Additionally, ChainStar has an operations and marketing team of over 50 people responsible for the company's daily operations, customer relationship management, and marketing activities.

As of June 2022, ChainStar has completed the first phase of its SaaS system and received a $30 million investment from angel investors. The funds raised are used to support the company's further development, including expanding the technical team, enhancing product functionality, and increasing market share.

Currently, ChainStar focuses on accumulating customers for its SaaS trading platform, planning to continuously improve the SaaS product, iterate versions, and provide a complete one-stop supporting service including liquidity, wallet security, and control center based on the accumulation of trading platform customers.