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Get in touch

Web Development

Mobile Development

UX/UI Design

Staff Augmentation

CTO as a Service

Dedicated Team

Low code development

Myntkaup

A cryptocurrency trading platform that allows users in Iceland to trade and manage digital assets securely.

Website

Project name

Myntkaup

Duration

Ongoing

Team

3 members

Industry

Cryptocurrency, FinTech

Technologies

React
Node.js
MongoDB
React Native
Expo

Services

Web Development
Mobile Development
UX/UI Design
Staff Augmentation

Myntkaup is a financial platform for the Icelandic market. Users can deposit funds, trade a variety of crypto assets, generate financial reports, and track their profit and loss (PNL) in real-time. The platform offers instant ISK-to-crypto transactions, a user-friendly interface, and full regulatory compliance, making it the fastest way to invest in cryptocurrency in Iceland.

Task

Our primary goal was to enhance the platform by adding more cryptocurrencies, refining the trading process, and integrating new financial tools. We also optimized the back-end, refined both the mobile and web versions, and improved the UI/UX for a great user experience.

Challenges

A key challenge was building the PNL feature from scratch to track profit and loss accurately using transaction data and historical exchange rates. We also had to integrate multiple cryptocurrencies while keeping transactions secure and meeting regulations.

Design

We refreshed the platform’s interface while keeping its signature blue theme, making it more modern and easy to use. The layout was optimized for both mobile and web to ensure a smooth experience across devices. We also built an admin panel to track transactions and analytics.

Functionality

Sign Up / Sign In

New users can sign up quickly and securely using their Icelandic phone number and electronic ID. Returning users have several login options, including biometric authentication and a personal PIN code for extra security.

Home & Market Overview

The home screen gives users an overview of their crypto holdings, showing their total balance, recent transactions, and live market updates. Users can easily switch between different cryptocurrencies, track price changes, and access key financial insights in real-time.

Buying Crypto

Users can easily buy Bitcoin, Ethereum, and other cryptocurrencies using USD or EUR. They can enter the exact amount or pick a percentage of their balance, like 25%, 50%, or 100%. Before completing the trade, they get a preview of the latest exchange rates.

Multi-Currency Support & Trading Optimization

The platform supports a growing list of cryptocurrencies, including Bitcoin, Ethereum, USDC, and various altcoins. Since each currency has a different number of decimal places, we adjusted the system to make sure transactions are processed correctly.

Profit & Loss (PNL) Tracking

Profit & Loss tracking is a key feature of the platform, which allows users to monitor their portfolio performance over different timeframes (7 days, 30 days, 90 days, or all time). Built from scratch, this feature accurately calculates gains and losses by processing transaction history and matching each trade with historical exchange rates. Interactive charts were implemented using React Native Skia to make data easy to understand.

Deposits & Withdrawals

Users can easily add or withdraw funds through bank transfers or cryptocurrency transactions. Bank deposits allow ISK or EUR transfers via an integrated payment system, while crypto deposits generate a unique wallet address with a QR code for quick transfers. Withdrawals work the same way — users can send money to their bank account by selecting a currency and entering their details or transfer crypto by manually entering a wallet address or scanning a QR code.

Gift Feature

Users can send cryptocurrency gifts within the app. The system generates a digital gift certificate that recipients can redeem through the platform, making it easy to transfer crypto to friends and family in just a few taps.

Transaction History & Reports

Users can review past trades, deposits, and withdrawals through a detailed transaction history. For tax and accounting, they can generate balance reports for a selected period and export them in PDF, Excel, or CSV formats.

Admin Panel

The platform includes an admin dashboard for managing user accounts and monitoring transactions. Admins can track deposits, withdrawals, and trading activity in real-time.

Results

The platform now serves 20,000+ users in Iceland and ranks #1 in the finance category on the App Store. The improved UI, added trading features, and regulatory compliance updates have made Myntkaup a leading cryptocurrency exchange in the region.