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Bitinsure
Improve your trading performance
OVERVIEW
«Bitinsure is a MVP web application for Improving trading performance.
Stack Frontend - ReactJS «Back end - Python/Django, DB Postgre, Clickhouse for big data tick storage
Time 12 weeks
Location Estonia
Bitinsure
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ROLE
Product Design, Product Development
Understanding the problem
We conducted a workshop with the Client to uncover pains felt by individuals in trading. It was revealed that:
- Lack of a tool with which you can study analytics from different exchanges.
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Users want to insure their cryptocurrency and manage risks.
- People want tips and advice to improve their trading.
Defining the MVP
Based on the research, it turned out that there are similarities in the product vision. We have identified the following key user stories:
- Prompt trade alerts.Receiving automatic customizable alerts for users.
-Management of risks. Protecting funds with cloud trading risk-management
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Data analytics.Users get actionable insights from smart trade analysis and researching data through sophisticated charts.
Design
Over time, we made several mockups of the main user path before moving on to the desired style. We have developed a simple and clean interface that does not contain unnecessary elements.
1. Registration
2. Account settings and plan
3. Analyse data from exchange
4. Trades info from your accounts
5. Risk settings and connected accounts
Development
Front-end ReactJS Back - Python / Django, DB Postgre and Clickhouse for big data tick storage, wrapped in docker containers.
Testing
To provide an intuitive understanding of the structure of the app, we tested the sitemap on site with potential users using what is called tree testing, their corresponding tasks such as "Where would you click if you wanted to analyse your data?" Based on the testing results, the sitemap has been adjusted accordingly.
Working process
Work plan
First month
Screen prototyping and design (design for app, and logotype). UX research, creating front-end
Second month
«ack-end and API integration with exchanges and payment system
Third month
«ug checking and tests. Edits, optimisation.
Results and takeaways
Some key takeaways are that:
Focus on building an MVP. In a startup, there is only so much time and effort that you can invest so it's important to focus on the features that can deliver the highest value for your users.
Don't worry too much about the detail. Earlier in our journey, Clients made the mistake of worrying about the look of the UI. Taking a step back and reassessing the user flows helped Clients to reprioritise the UX. Ofcourse it's necessary to care about Usability, but do not set yourself the goal of reloading the product with various gimmicks.
Focus on the problem. At the end of the day, it is your users pains that you will be solving for so keeping that front of mind is important as it's easy to lose sight of this when you're bogged down in the day to day.
Aware your goal. That is why MVP is called so - Minimum Viable Product. Minimum - uncomplicated but main goals solving. Viable - proves it's necessity and urgency. Product - comlieted self-sufficient. Follow each letter of MVP definition and let it be created the new product.
Sinneo is a low-code development studio. If you want to launch business quckly and minimizing your financial costs, you can order the development of a website, mobile and web application, crm systems, task tracker, social network and other IT products from us.
Do you have a fantastic idea to implement? Contact us and let's start!