Crypto.com Picks AWS as Its Cloud Providerby Fintech News Hong Kong December 28, 2020
Hong Kong-based cryptocurrency platform Crypto.com announced that it has selected Amazon Web Services (AWS) as its preferred cloud provider. Running on AWS, Crypto.com will scale to offer financial services beyond its existing user base.
By using AWS Trusted Advisor, a tool that provides real-time guidance to help provision resources, allowing the company to detect potential security gaps and receive recommendations for improvement.
Crypto.com is also using AWS Transit Gateway, a service that enables customers to connect thousands of Amazon Virtual Private Clouds (Amazon VPCs) and their on-premises networks using a single gateway, to support the company’s inter-region peering to ensure all network traffic is encrypted and to help protect against denial of service (DDoS) attacks and common exploits.
Additionally, by leveraging AWS’s infrastructure, Crypto.com will be able to address the evolving data residency regulations across the globe.
Crypto.com is scaling on AWS to support rapid growth in its customer base and meet periods of high market volatility when usage can spike eight times larger than the company’s typical peak load. By using AWS Auto Scaling, Crypto.com maintains steady and predictable performance at the lowest possible cost with the ability to automatically adjust capacity and scale instances in minutes.
By building on AWS, Crypto.com manages usage spikes without compromising user safety or security, and provides customers with a reliable customer experience. To provide a stable and scalable platform for its customers, Crypto.com uses Amazon Elastic Container Service (Amazon ECS) and Amazon Elastic Kubernetes Services (Amazon EKS).
All of this allows the company’s engineers to focus on developing new offerings for Crypto.com’s customers rather than managing infrastructure.
Matthew Chan, CIO at Crypto.com said,
“We choose to build our products and services on AWS because of its proven operational and security expertise. AWS’s dedication to providing secure and reliable cloud services helps us to deliver stable and secure services to our customers,”
Robert Wang, Managing Director of AWS Hong Kong and Taiwan said,
“Our customers choose AWS because we meet the most stringent security and compliance requirements. We look forward to continuing to support Crypto.com with our unmatched breadth and depth of services and the most proven operational and security expertise, enabling them to provide a seamless experience to their millions of users around the globe.”