Use inabit to Build an Exchange

An example use case of how inabit's API Infrastructure is utilized

Overview

The following guide provides a comprehensive explanation on leveraging inabit's wallet infrastructure and building an automated transactions flow, as you would expect in an exchange.

As a provider of a secured wallet infrastructure, Inabit is committed to simplifying processes for exchanges such as yours. This manual will guide you through integrating and managing your digital wallet operations effortlessly, prioritizing security, effectiveness, and adaptability.

Prerequisites

• Have an API Admin user created for your organization in inabit.

• Access to the inabit platform (as the Clearer):

  • Have an account ready to be used.

  • Create an inabit "Main" wallet via the platform's UI.

    • This wallet will serve as the funding route for the Clearer.

  • Create an additional API wallet and deposit funds to it for fee/gas:

    • If you're fueling Ethereum / tokens in Ethereum chain - deposit ETH.
    • If you're fueling in TRON / tokens in TRON chain - deposit TRX. (and so on, refer to Supported Blockchains)
• Necessary access permissions setup.

  • Eligible roles - Owner / Admin / API Admin / API Signer

🚧 One-time Must-Have Setup:

Please ensure that you complete the Approvals Docker Configuration and execute the API signer Setup as a one-time prerequisite. Once this step is accomplished, you will be able to create your API wallets and addresses as needed.

Additional Reference

Technical Architecture: How The Integration Works?

Flow Explained: How Does It Work?

• The overall integration process between inabit and a crypto accounting firm is very simple. When we receive a request from an account owner, to integrate with an accounting firm - we generate an API Viewer user with viewing permissions to the account (and its organizations)

• After the API Viewer was created, inabit sends the owner a customer tailored Access Token to the owner's email.

• The owner sends that token to the accounting firm to integrate to inabit.

• That's it! -> The accounting firm (cryptoworth for example) can use the access token to integrate to our API and call transactions information, balances and more.

• From then on, the accounting firm will display the data retrieved on the inabit account in their interface for the users to view.

You're All Set! ☑️

You're fully set to work with inabit and view the entire information on your transactions, while tracking your balance - in your accounting firm's interface.

If you encounter any challenges in the process or need further clarification on any aspect, please don't hesitate to reach out to us at [e-mail].