Implementing robust security measures is paramount in cryptocurrency exchange development to safeguard user assets and data. Key security measures include encryption to protect sensitive information, multi-factor authentication (MFA) for user login authentication, cold storage for storing the majority of funds offline, and regular security audits to identify and mitigate vulnerabilities. Additionally, exchanges should employ intrusion detection systems (IDS) to monitor for suspicious activities and employ advanced DDoS protection to mitigate potential attacks.
source: https://www.blockchainappfactory.com/cryptocurrency-exchange-software