Spot and Futures
Overview
Real Exchange is a regulated, centralized cryptocurrency exchange offering spot and futures markets through a secure, intuitive, and user-friendly trading experience. Designed for accessibility and performance, the platform removes the complexity and risks of self-custody while providing seamless access to crypto markets through integrated fiat on-ramps and off-ramps.
By combining institutional-grade infrastructure with consumer-friendly design, Real Exchange enables users to trade, manage, and move capital easily without interacting with wallets, private keys, or on-chain transaction mechanics.
Purpose
Real Exchange is designed to:
Provide a simple and intuitive alternative to decentralized exchanges
Enable spot and futures trading without requiring users to self-custody assets
Offer seamless fiat on and off-ramps linked to banks and payment providers
Reduce operational risk associated with private keys and wallet management
Deliver a regulated, compliant trading environment with user protections
Serve retail, professional, and institutional traders under one platform
Key Features
User-friendly trading experience
No wallet setup or private key management required
Familiar exchange interface with order books and portfolio views
Simplified onboarding and account management
Spot markets
Centralized order-book trading for major cryptocurrencies
Market, limit, and advanced order types
Futures markets
Perpetual and or dated futures contracts
Cross and isolated margin options
Stablecoin-settled profit and loss
Fiat on and off ramps
Direct integration with banks and payment providers
Easy deposits and withdrawals in supported fiat currencies
Faster access to capital without blockchain transaction complexity
Custody and asset protection
Secure custody infrastructure with hot, warm, and cold storage
Professional key management and operational controls
Elimination of user-side custody risks
Liquidity and execution
High-performance matching engine
Deep liquidity supported by professional market makers
Low latency and reliable execution
Compliance and trust
KYC and KYB onboarding
Transaction monitoring and trade surveillance
Regulatory reporting and auditability
Architecture for the CEX
Matching Engine
Central limit order book for spot and futures markets
High-throughput trade matching and order management
Risk and Margin Engine
Initial and maintenance margin enforcement
Continuous position monitoring
Automated liquidation and loss containment mechanisms
Wallet and Custody System
Secure asset custody and key management
Deposit and withdrawal processing
Internal ledger and reconciliation systems
Fiat and Banking Layer
Bank integrations for fiat deposits and withdrawals
Payment service provider connectivity
Fiat balance management and settlement
Market Data Services
Real-time order book and trade feeds
Index and mark price calculation
Funding rate computation for futures
Clearing and Settlement
Trade settlement and profit and loss calculation
Fee assessment and funding settlements
Account balance updates
Compliance and Monitoring
User onboarding and identity verification
Transaction monitoring and surveillance
Regulatory and operational reporting
Administration and Operations
Market listings and parameter configuration
System controls, maintenance, and emergency actions
Example Flow
User creates an account on Real Exchange
User completes identity verification
User links a bank account or payment method
User deposits fiat or cryptocurrency
User selects a market:
Spot market for direct asset trading
Futures market for leveraged exposure
User places an order through the exchange interface
Trade executes via the matching engine
Balances update instantly within the platform
For futures:
Margin and funding are applied automatically
Positions are monitored for risk
User closes a trade or position
User withdraws funds directly to a bank account or external wallet
Codebase Overview
matching-engine/
Order book and trade matching logic
risk-engine/
Margin, liquidation, and exposure management
wallet-service/
Asset custody, deposits, and withdrawals
fiat-gateway/
Banking integrations and payment processing
market-data/
Pricing feeds, indexes, and funding rates
settlement/
Trade settlement, profit and loss, and fees
compliance/
KYC, monitoring, and reporting systems
admin/
Internal controls and operational tooling
api/
REST and WebSocket APIs
frontend/
Web and trading interfaces
docs/
Technical and operational documentation
Last updated