Centralized cryptocurrency exchanges or CEX are a crucial part of the digital asset ecosystem. They provide users with convenient tools for trading cryptocurrencies, ensure liquidity, and offer a high level of security. However, the stable operation of such platforms is impossible without reliable access to blockchain networks. This is where node providers play a key role, ensuring uninterrupted communication between the exchange and decentralized ledgers.
Why is CEX Stability Critically Important?
Users of centralized exchanges rely on accurate balance calculations and reliable transactions. Any delays or system failures can lead to financial losses, customer dissatisfaction, and a decline in trust in the platform. To avoid such issues, exchanges must have constant, fast, and secure access to blockchains.
Node Providers and Their Importance for Exchanges
Nodes are software components that support the operation of blockchain networks by verifying and recording transactions. Exchanges can either deploy their own infrastructure or use specialized node providers like NOWNodes.
Deploying nodes independently requires significant technical and financial resources: powerful servers, regular updates, and continuous monitoring. We offer an alternative solution by providing fast and secure access to blockchain networks via API. This allows exchanges to save resources and focus on improving the user experience.
Key Functions of Nodes for Centralized Exchanges
1. Ensuring Fast Transaction Processing
Quick verification and confirmation of transactions are essential for an exchange’s efficiency. Nodes help process transfer requests, ensuring speed and accuracy in operations.
2. Reading and Writing Data to the Blockchain
Exchanges must constantly update information on user balances, transaction statuses, and network changes. Nodes provide instant access to this data, which is critical for the proper functioning of the platform.
3. Supporting Liquidity and Balance Calculation
The correct display of assets in user accounts depends on the timely updating of blockchain data. Synchronization with nodes prevents errors and guarantees accurate calculations.
4. Working with Multiple Blockchains
Centralized exchanges offer a wide selection of cryptocurrencies, each operating on its own blockchain. Deploying separate nodes for each network requires extensive resources, whereas node providers offer ready-made solutions, significantly simplifying this process.
How NOWNodes Ensures CEX Stability
High-Speed Access to the Blockchain
NOWNodes offers a powerful API that provides instant access to blockchain data. This allows exchanges to quickly verify transactions, update balances, and transmit data to users without delays. The high processing speed of requests helps prevent lags and accelerates order execution.
Guaranteed Uptime of 99.95%
NOWNodes ensures the stable operation of centralized exchanges thanks to a high level of service availability. Our servers operate with a guaranteed uptime of 99.95%, meaning minimal downtime and maximum reliability for users.
Enhanced Security Level
Security is a priority for NOWNodes. We employ advanced protection mechanisms, including data encryption, as well as safeguards against DDoS attacks and abnormal activity. This helps centralized exchanges minimize the risk of unauthorized access and protect user assets.
Support for Multiple Blockchains
Our service provides access to over 100 blockchains, making it a universal solution for CEX. Exchanges can connect to various networks without the need to deploy their own infrastructure, significantly reducing costs and simplifying management.
Conclusion
Utilizing solutions from NOWNodes allows CEX to minimize risks, enhance infrastructure reliability, and provide users with maximum security and convenience. In an increasingly competitive market, this is not just an advantage but a necessity.
NOWNodes is a blockchain-as-a-service solution that lets users get access to 100+ Nodes and blockbook Explorers via API. The service provides a high-quality infrastructure that is quick, cost-effective, and reliable. We have Service Quality Standards available for all partners.
All nodes is under 24/7 surveillance – their availability and relevance are constantly being monitored. Get access to Nodes NOW:
