Contact person: Business Client

Phone:Show

Email:Show

Location: Ashfield, Australia

Budget: Recommended by industry experts

Time to start: As soon as possible

Project description:
"OTC Crypto Platform Development ( website & app)
Proposal
Budget: 3000 AUD
Full payment on completion

1. Project Overview
We propose to develop a fully compliant, secure, and scalable OTC crypto platform
that allows users to exchange fiat currencies (AUD, USD, EUR) for cryptocurrencies (BTC,
ETH, USDT) with a seamless experience across web and mobile platforms (iOS &
Android).
The platform will incorporate KYC/AML verification, custodial wallets, compliance with
AUSTRAC & AFS regulations, and secure management of user data. The goal is to provide a
regulated platform infrastructure suitable for eventual listing as a licensed Australian
crypto exchange, all within your specified budget.
2. Key Features and Functional Modules
User Management & Verification:
• Secure sign-up and login (email, mobile, 2FA)
• KYC/AML onboarding (ID verification, document upload, face recognition)
• Ongoing verification for withdrawals and large transactions
• Compliance monitoring and self-flagging suspicious transactions
Trading & Wallets:
• OTC crypto order placement (BTC, ETH, USDT)
• Fiat deposit and withdrawal via bank transfer, Revolut, Airwallex, or other
recommended payment providers
• Custodial wallets for crypto storage with secure private key management• Multi-currency support (AUD, USD, EUR) with future expandability
AUSTRAC Reporting:
• Transaction reports following your Excel format
• Compliance module for automated monitoring and reporting
• Logs for audit and regulatory purposes
Security:
• End-to-end encryption for user data
• Secure database storage
• Role-based access control for admins
• Protection against common attacks (SQL injection, XSS, CSRF, etc.)
Mobile App (iOS & Android):
• Focused on KYC verification and basic trading
• Notifications for transaction updates
• Secure login and wallet access
Admin Dashboard:
• User management (view, verify, suspend)
• Transaction monitoring
• Reporting module for AUSTRAC compliance
• System analytics and notifications
3. User Roles and Functional Access
Admin:
• Full access to user data, wallets, transactions
• Approve/reject KYC submissions
• Monitor platform security and compliance
• Generate AUSTRAC reports
Verified User:• Deposit and withdraw fiat
• Place OTC orders
• Access custodial wallets
• View transaction history and reports
Guest/Unverified User:
• Can register and start KYC process
• Cannot trade or withdraw funds
4. Application Workflow Summary
Workflow:
Sign Up → Complete KYC/AML Verification → Deposit Fiat → Place OTC Order → Crypto
Credited to Custodial Wallet → Withdrawal to Verified Bank Account → Compliance
Monitoring & Reporting
Mobile App Workflow:
Install App → Secure Login → Complete KYC → Place Limited OTC Orders → Notifications
Admin Workflow:
Login → Verify Users → Approve Transactions → Monitor Platform → Generate AUSTRAC
Reports
5. Technology Stack
Frontend:
• Web: React.js, TailwindCSS, [login to view URL] (for SSR and scalability)
• Mobile: React Native (iOS & Android)
• UI/UX: Figma/Adobe XD designs
Backend:
• Node.js with [login to view URL] / NestJS
• PostgreSQL for relational data• MongoDB for document storage (KYC/AML docs)
• Redis for caching and session management
• WebSocket for real-time updates
Blockchain & Crypto:
• Integration with BTC, ETH, USDT wallets
• Custodial wallet management using secure APIs
• Crypto exchange rate integration
Security & Compliance:
• JWT authentication, 2FA
• End-to-end encryption (AES-256)
• GDPR & AUSTRAC compliance modules
• Logging & audit trails
Payment & Banking Integration:
• Bank transfers, Revolut, Airwallex
• API integration with payment providers
Reporting:
• AUSTRAC report module
• Excel/PDF export functionality
6. Development Phases & Milestones
Phase 1 – Project Setup & Planning
• Requirement analysis and technical architecture
• Define workflows, compliance modules, and database schema
• Setup development environment
Phase 2 – UI/UX Design
• Web and mobile app design approval
• Wireframes and prototypes• UX flow optimization for verification and trading
Phase 3 – Core Development
• Backend APIs for KYC, wallets, trading
• Custodial wallet integration and transaction monitoring
• Mobile app development for iOS & Android
Phase 4 – Final Development & Deployment
• AUSTRAC reporting module
• Security audits and testing
• Deployment on your cloud/server
• Final review and approval
7. Cost
3000 AUD
8. Payment Structure
Payment in 2 Milestones:

• 50% – APP and web site launch online
• 50% – Completion: Testing, deployment, AUSTRAC module, final
review
9. Support and Maintenance
We offer 2 years of free support and maintenance, including:• Bug fixes and patches
• Minor feature upgrades
• Security and compliance updates
• Assistance with server/cloud management
10. Deliverables
• Fully functional web platform with trading, wallet, and reporting modules
• Mobile apps (iOS & Android) for verification and limited trading
• Custodial wallets integration
• AUSTRAC reporting module aligned with your Excel template
• Secure encrypted database for user data
• Documentation for platform usage and admin controls
• 2 years of post-launch support
11. Final Notes
This proposal ensures we own the complete solution and can host it on your cloud. The
platform is designed to be scalable, secure, and regulatory compliant, with all features
required for an Australian-regulated OTC crypto exchange.
We aim to build a long-term relationship and ensure the platform evolves with future
requirements.
, and 2 years of post-launch support." (client-provided description)