CS_Explorux_Casestudy
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Shaping the Future of Finance:
Crypto Exchange for Pro Traders

Shaping the Future of Finance: A Crypto Exchange for Pro Traders

Shaping the Future of Finance: A Crypto Exchange for Pro Traders

Shaping the Future of Finance: A Crypto Exchange 
for Pro Traders

 Shaping the Future of Finance: A Crypto Exchange 
for Pro Traders

Proof of Concept to MVP to Acquisition

PDTeam2

2018 
Core Team:
Farwa Kazmi   - Director of Product & UX
Marjorie Castro - Senior Product Designer
Natali Guirguis - Product Designer
Samantha Lam - Product Design Intern

A laptop and smartphone with the BCM.exchange interface

Understanding the Crypto Landscape

Understanding the Crypto Landscape

Understanding the Crypto Landscape

Understanding the Crypto Landscape

Understanding the Crypto Landscape

It was late 2017, and cryptocurrency, powered by blockchain technology had become a hot commodity, reaching a total market cap of 200 billion in mid november. 



We knew digital currency was changing how we think about money so we took an exciting opportunity to shape the future of finance.

It was late 2017, and cryptocurrency, powered by blockchain technology had become a hot commodity, reaching a total market cap of 200 billion in mid november.

We knew digital currency was changing how we think about money so we took an exciting opportunity to shape the future of finance.

It was late 2017, and cryptocurrency, powered by blockchain technology had become a hot commodity, reaching a total market cap of 200 billion in mid november.

We knew digital currency was changing how we think about money so we took an exciting opportunity to shape the future of finance.

It was late 2017, and cryptocurrency, powered by blockchain technology had become a hot commodity, reaching a total market cap of 200 billion in mid november. 



We knew digital currency was changing how we think about money so we took an exciting opportunity to shape the future of finance.

It was late 2017, and cryptocurrency, powered by blockchain technology had become a hot commodity, reaching a total market cap of 200 billion in mid november. We knew digital currency was changing how we think about money so we took an exciting opportunity to shape the future of finance.

Explorux came onboard as BCM’s integrated Product Partner at the earliest stages to create an MVP - minimum viable product for launch.

We conducted rigorous research to identify gaps and understand the market landscape while working with financial experts.

Explorux came onboard as BCM’s integrated Product Partner at the earliest stages to create an MVP - minimum viable product for launch.

We conducted rigorous research to identify gaps and understand the market landscape while working with financial experts.

Explorux came onboard as BCM’s integrated Product Partner at the earliest stages to create an MVP - minimum viable product for launch.

We conducted rigorous research to identify gaps and understand the market landscape while working with financial experts.

Explorux came onboard as BCM’s integrated Product Partner at the earliest stages to create an MVP - minimum viable product for launch.

We conducted rigorous research to identify gaps & understand the market landscape while working with financial experts.

Explorux came onboard as BCM’s integrated Product Partner at the earliest stages to create an MVP - minimum viable product for launch. We conducted rigorous research to identify gaps and understand the market landscape while working with financial experts.

Illustration of a green stock graph

Building an Integrated Team

Building an integrated team

Building an Integrated Team

Building an Integrated Team

Building an integrated team

Unlike a typical agency model, we opted for full in-house integration to ensure a successful outcome. This meant the Explorux core team would be treated like BCM employees.

Unlike a typical agency model, we opted for full in-house integration to ensure a successful outcome. The Explorux core team would be treated like BCM employees. This meant:

Unlike a typical agency model, we opted for full in-house integration to ensure a successful outcome. This meant the Explorux core team would be treated like BCM employees.

Unlike a typical agency model, we opted for full in-house integration to ensure a successful outcome. This meant the Explorux core team would be treated like BCM employees.

Unlike a typical agency model, we opted for full in-house integration to ensure a successful outcome. This meant the Explorux core team would be treated like BCM employees.

Deep Focus and Commitment
For 8 months, we chose to work on BCM only

and own the entire product end-to-end. BCM  grew from 5 to 20 in a month and we onboarded new hires.

Deep Focus and Commitment
For 8 months, we chose to work on BCM only

and own the entire product end-to-end. BCM grew from 5 to 20 in a month and we onboarded new hires.

Deep Focus and Commitment
For 8 months, we chose to work on BCM only and own the entire product end-to-end. BCM grew from 5 to 20 in a month and we onboarded new hires.

Deep Focus and Commitment
For 8 months, we chose to work on BCM only

and own the entire product end-to-end. BCM grew from 5 to 20 in a month and we onboarded new hires.

Deep Focus and Commitment
For 8 months, we chose to work on BCM only and own the entire product end-to-end. BCM grew from 5 to 20 in a month and we onboarded new hires.
 

The Fractional CPO Model
With expertise in early-stage ventures, our founder Farwa piloted the “Fractional CPO model”. She built a diverse team bringing 6 talented women in to crypto.

The Fractional CPO Model
With expertise in early-stage ventures, our founder Farwa piloted the “Fractional CPO model”. She built a diverse team bringing 6 women in to crypto.

The Fractional CPO Model
With expertise in early-stage ventures, Farwa piloted the “Fractional CPO model”. She built a diverse team bringing 6  women to crypto.

The Fractional CPO Model
With expertise in early-stage ventures, Farwa piloted the “Fractional CPO model”. She built a diverse team bringing 6 talented women in to crypto.

The Fractional CPO Model
With expertise in early-stage ventures, Farwa piloted the “Fractional CPO model”. She built a diverse team bringing 6 talented women in to crypto.
 

Full Integration
We had a BCM email address, access to Slack, Jira,  company socials, and built a collaborative culture. 

Full Integration
We had a BCM email address, access to Slack, Jira,  company socials, and built a collaborative culture. 

Full Integration
We had a BCM email address, access
to Slack, Jira,  company socials, and built a collaborative culture. 

Full Integration
We had a BCM email address, access to Slack, Jira,  company socials, and built a collaborative culture. 
 

Full Integration
We had a BCM email address, access to Slack, Jira, company socials, and built a collaborative culture. 

Onsite Collaboration
We worked onsite from BCM’s office, sat beside engineers, managed vendors, partners, and met VC’s.

Onsite Collaboration
We worked onsite from BCM’s office, sat beside engineers, managed vendors, partners, and met VC’s.

 

Onsite Collaboration
We worked onsite from BCM’s office, sat beside engineers, managed vendors, partners, and met VC’s.

Onsite Collaboration
We worked onsite from BCM’s office, sat beside engineers, managed vendors, partners, and met VC’s.
 

Onsite Collaboration
We worked onsite from BCM’s office, sat beside engineers, managed vendors, partners, and met VC’s.

Diagram showing how Explorux & BCM collaborated

Problem Discovery

Problem Discovery

Problem Discovery

Problem Discovery

Problem Discovery

A traditional financial exchange is a marketplace where financial securities like stocks are traded and both buyers and sellers can negotiate prices. Still in its infancy, the cryptocurrency space was littered with scams or quick-get-rich schemes.

In Canada, unregulated platforms for beginners enabled the masses to buy and hold a handful of coins like Bitcoin but lacked ways to trade professionally with other users.

A traditional financial exchange is a marketplace where financial securities like stocks are traded and both buyers and sellers can negotiate prices. Still in its infancy, the cryptocurrency space was littered with scams or quick-get-rich schemes.

In Canada, unregulated platforms for beginners enabled the masses to buy and hold a handful of coins like Bitcoin but lacked ways to trade professionally with other users.

 

A traditional financial exchange is a marketplace where financial securities like stocks are traded and both buyers and sellers can negotiate prices. Still in its infancy, the cryptocurrency space was littered with scams or quick-get-rich schemes.

In Canada, unregulated platforms for beginners enabled the masses to buy and hold a handful of coins like Bitcoin but lacked ways to trade professionally with other users.

A traditional financial exchange is a marketplace where financial securities like stocks are traded and both buyers and sellers can negotiate prices. Still in its infancy, the cryptocurrency space was littered with scams or quick-get-rich schemes.

In Canada, unregulated platforms for beginners enabled the masses to buy and hold a handful of coins like Bitcoin but lacked ways to trade professionally with other users.

A traditional financial exchange is a marketplace where financial securities like stocks are traded and both buyers and sellers can negotiate prices. Still in its infancy, the cryptocurrency space was littered with scams or quick-get-rich schemes.

In Canada, unregulated platforms for beginners enabled the masses to buy and hold a handful of coins like Bitcoin but lacked ways to trade professionally with other users.

Illustration of BCM's users pain points

“Crypto exchanges are insecure and not meeting needs for advanced traders”

“Crypto exchanges are insecure and not meeting needs for advanced traders”

“Crypto exchanges are insecure and not meeting needs for advanced traders”

“Crypto exchanges are insecure and not meeting needs for advanced traders”

“Crypto exchanges are insecure and not meeting needs for advanced traders”

BCM wanted to bring sophistication and security to the crypto world by building a trusted marketplace for professional traders. 

BCM wanted to bring sophistication and security to the crypto world by building a trusted marketplace for professional traders. 

BCM wanted to bring sophistication and security to the crypto world by building a trusted marketplace for professional traders. 

BCM wanted to bring sophistication and security to the crypto world by building a trusted marketplace for professional traders. 

BCM wanted to bring security & sophistication to the crypto world by building a trusted marketplace for professionals.

Two screens showing the difference between a broker and professional exchange
trust

How can we design for trust

and prioritize security?

How can we design for trust and prioritize security?

How can we design for trust and prioritize security?

How can we design for trust and prioritize security?

How can we design for trust & prioritize security?

CS_BCM_Problem_QS

Testing the Proof of Concept

Testing the Proof of Concept

Testing the Proof of Concept

Testing the Proof of Concept

Testing the Proof of Concept

When we came onboard, BCM had an initial Proof-of-Concept. Our challenge was to validate it, test it with users, and then transform it into a minimum viable product.

When we came onboard, BCM had an initial Proof-of-Concept. Our challenge was to validate it, test it with users, and then transform it into a minimum viable product.

When we came onboard, BCM had an initial Proof-of-Concept. Our challenge was to validate it, test it with users, and then transform it into a minimum viable product.

When we came onboard, BCM had an initial Proof-of-Concept. Our challenge was to validate it, test it with users, and then transform it into a minimum viable product.

When we came onboard, BCM had an initial Proof-of-Concept. Our challenge was to validate it, test it with users, and then transform it into a minimum viable product.

Feedback Sessions
We ran a 2-week study to get feedback using both 1:1 and group interviews.

Feedback Sessions
We ran a 2-week study to get feedback using both 1:1 & group interviews.

Feedback Sessions
We ran a 2-week study to get feedback using both 1:1 and group interviews.

Feedback Sessions
We ran a 2-week study to get feedback using both 1:1 and group interviews.

Feedback Sessions
We ran a 2-week study to get feedback using both 1:1 and group interviews.

Pain-Point Workshop
We led workshops to synthesize user pain points and identified improvements.

Pain-Points Workshop
We led workshops to synthesize user pain points and identified improvements.

Pain-Point Workshop
We led workshops to synthesize user pain points and identified improvements.

Pain-Point Workshop
We led workshops to synthesize user pain points and identified improvements.

Pain-Point Workshop
We led workshops to synthesize user pain points and identified improvements.

Research Analysis
We published a 250 pg research manual evaluating financial products.

Research Analysis
We published a 250 pg research manual evaluating financial products.

Research Analysis
We published a 250 pg research manual evaluating financial products.

Research Analysis
We published a 250 pg research manual evaluating financial products.

Research Analysis
We published a 250 pg research manual evaluating financial products.

BCM's initial proof of concept with user issues

A Strategic Roadmap

A Strategic Roadmap

A Strategic Roadmap

A Strategic Roadmap

A Strategic Roadmap

Our research helped us identify key issues. Based on our findings, we created a strategic roadmap for both the short-term and long-term vision for the product.

Our research helped us identify key issues. Based on our findings, we created a strategic roadmap for both the short-term and long-term vision for the product.

Our research helped us identify key issues. Based on our findings, we created a strategic roadmap for both the short-term and long-term vision for the product.

Our research helped us identify key issues. Based on our findings, we created a strategic roadmap for both the short-term and long-term vision for the product.

Our research helped us identify key issues. Based on our findings, we created a strategic roadmap for both the short-term and long-term vision for the product.

Illustration of BCM's Roadmap devised by Explorux

Key Product Areas of Focus

Key Product Areas of Focus

Key Product Areas of Focus

Key Product Areas of Focus

Key Product Areas of Focus

We tackled each major area in sections — devising both short term and long term solutions, testing, & making quick improvements in an agile way.

We tackled each major area in sections — devising both short term and long term solutions, testing, and making quick improvements in an agile way.

We tackled each major area in sections — devising both short term and long term solutions, testing, & making quick improvements in an agile way.

We tackled each major area in sections — devising both short term and long term solutions, testing, & making quick improvements in an agile way.

We tackled each major area in sections — devising both short term and long term solutions, testing, & making quick improvements in an agile way.

Four screens showing the key areas Explorux worked on

The Exchange

The Exchange

The Exchange

The Exchange

The Exchange

We dissected the anatomy of an exchange by breaking it into atomic elements and supplemented this with research to understand a traders workflow. 

We dissected the anatomy of an exchange by breaking it into atomic elements and supplemented this with research to understand a traders workflow. 

We dissected the anatomy of an exchange by breaking it into atomic elements and supplemented this with research to understand a traders workflow. 

We dissected the anatomy of an exchange by breaking it into atomic elements and supplemented this with research to understand a traders workflow. 

We dissected the anatomy of an exchange by breaking it into atomic elements and supplemented this with research to understand a traders workflow. 

Graphic of the BCM Exchange dashboard and selected elements

Rapid Prototyping

Rapid Prototyping

Rapid Prototyping

Rapid Prototyping

Rapid Prototyping

We experimented with 8-10 different concepts and built prototypes to test them — playing with customization. We realized an algorithmic trader's needs were unique.

We experimented with 8-10 different concepts and built prototypes to test them — playing with customization. We realized an algorithmic trader's needs were unique.

We experimented with 8-10 different concepts and built prototypes to test them — playing with customization. We realized an algorithmic trader's needs were unique.

We experimented with sketching 8-10 different concepts and built prototypes to test them — playing with both day and night modes. We realized that algorithmic trader's needs were unique.

We experimented with sketching 8-10 different concepts and built prototypes to test them — playing with both day and night modes. We realized that algorithmic trader's needs were unique.

Animation of long-term BCM.exchange mokcups on a laptop

A Modular UI System

A Modular UI System

A Modular UI System

A Modular UI System

A Modular UI System

We collaborated with engineering to build a modular and scalable library early on. It was architected to ensure consistency and re-usability across teams. 

We collaborated with engineering to build a modular and scalable library early on. It was architected to ensure consistency and re-usability across teams. 

We collaborated with engineering to build a modular and scalable library early on. It was architected to ensure consistency and re-usability across teams. 

We collaborated with engineering to build a modular and scalable library early on. It was architected to ensure consistency and re-usability across teams. 

We collaborated with engineering to build a modular and scalable library early on. It was architected to ensure consistency and re-usability across teams. 

Selected parts of the design system for BCM.exchange

Mobile App

Mobile App

Mobile App

Mobile App

Mobile App

Keeping responsive components in mind, we launched the mobile version. 

Keeping responsive components in mind, we launched the mobile version. 

Keeping responsive components in mind, we launched the mobile version. 

Keeping responsive components in mind, we launched the mobile version. 

Keeping responsive components in mind, we launched the mobile version. 

BCM.Exchange layouts on smartphone
CS_BCM_Icon_Onboarding

“How can we enable customers to onboard quickly and securely?”

“How can we enable customers to onboard quickly and securely?”

“How can we enable customers to onboard quickly and securely?”

“How can we enable customers to onboard quickly and securely?”

“How can we enable customers to onboard quickly and securely?”

CS_BCM_Onboardingjourney

Onboarding and KYC

Onboarding and KYC

Onboarding and KYC

Onboarding and KYC

Onboarding and KYC

Onboarding was a prerequisite to trading. We had to ensure that our customers could verify their information securely before getting started. We even got feedback on UX flows from lawyers.

Onboarding was a prerequisite to trading. We had to ensure that our customers could verify their information securely before getting started. 

Onboarding was a prerequisite to trading. We had to ensure that our customers could verify their information securely before getting started. 

Onboarding was a prerequisite to trading. We had to ensure that our customers could verify their information securely before getting started. 

Onboarding was a prerequisite to trading. We had to ensure that our customers could verify their information securely before getting started. 

1. Convenience: Instant Verification
We tried to make this as quick and convenient as possible - verified in under a minute. We tested how many users made it and where they got stuck.

1. Convenience: Instant Verification
We tried to make this as quick and convenient as possible - verified in under a minute. We tested how many users made it & where they got stuck.

Convenience: Instant Verification
We tried to make this as quick and convenient as possible - verified in under a minute. We tested how many users made it and where they got stuck.

1. Convenience: Instant Verification
We tried to make this as quick and convenient as possible - verified in under a minute. We tested how many users made it and where they got stuck.

1. Convenience: Instant Verification
We tried to make this as quick and convenient as possible - verified in under a minute. We tested how many users made it and where they got stuck.

2. Security: Document Verification
For those unable to verify, we created multiple tiers, enabling users to verify with other methods like uploading documents for extra security.

2. Security: Document Verification
For those unable to verify, we created multiple tiers, enabling users to verify with other methods like uploading documents for extra security.

Security: Document Verification
For those unable to verify, we created multiple tiers, enabling users to verify with other methods like uploading documents for extra security.

2. Security: Document Verification
For those unable to verify, we created multiple tiers, enabling users to verify with other methods like uploading documents for extra security.

2. Security: Document Verification
For those unable to verify, we created multiple tiers, enabling users to verify with other methods like uploading documents for extra security.

CS_BCM_Onboarding2-1
BCM_CS_Icon_Deposits

“How can we enable people to deposit & withdraw funds easily & securely?"

“How can we enable people to deposit & withdraw funds easily & securely?"

“How can we enable people to deposit & withdraw funds easily & securely?"

“How can we enable people to deposit & withdraw funds easily & securely?"

“How can we enable people to deposit & withdraw funds easily & securely?"

Deposits & Withdrawals

Deposits & Withdrawals

Deposits & Withdrawals

Deposits & Withdrawals

Deposits & Withdrawals

These came with their own set of challenges and methods based on the coin and the exchange rate. We focused on two areas:

These came with their own set of challenges and methods based on the coin and the exchange rate. We focused on two areas:

These came with their own set of challenges and methods based on the coin and the exchange rate. We focused on two areas:

These came with their own set of challenges and methods based on the coin and the exchange rate. We focused on two areas:

These came with their own set of challenges and methods based on the coin & the exchange rate. We focused on two areas:

Crypto to Crypto
Each type of coin or transaction had a different processing time on the blockchain (Ex: Bitcoin takes 1 hour, while Dash takes 15 minutes). Showing feedback in a clear and transparent way was key.

Crypto to Crypto
Each type of coin or transaction had a different processing time on the blockchain (Ex: Bitcoin takes 1 hour, while Dash takes 15 minutes). Showing feedback in a clear and transparent way was key.

Crypto to Crypto
We devised a dynamic search for crypto coins but each coin had a different processing time on the blockchain (E.g Bitcoin takes 1 hour, Dash takes 15 minutes). We had to show progress for each transaction in a clear way.

Crypto to Crypto
Each type of coin or transaction had a different processing time on the blockchain (Ex: Bitcoin takes 1 hour, while Dash takes 15 minutes). Showing feedback in a clear and transparent way was key.

Crypto to Crypto
Each type of coin or transaction had a different processing time on the blockchain (Ex: Bitcoin takes 1 hour, while Dash takes 15 minutes). Showing feedback in a clear and transparent way was key.

FIAT Currency
We explored ways of depositing Canadian funds through wire transfers, interac email, and special vouchers while working closely with banking partners and regulators. 

FIAT Currency
We explored ways of depositing Canadian funds through wire transfers, interac email, and special vouchers while working closely with banking partners and regulators. 
 

FIAT Currency
We explored ways of depositing Canadian funds through wire transfers, interac email, and special vouchers while working closely with banking partners and regulators. 

FIAT Currency
We explored ways of depositing Canadian funds through wire transfers, interac email, and special vouchers while working closely with banking partners and regulators. 

FIAT Currency
We explored ways of depositing Canadian funds through wire transfers, interac email, and special vouchers while working closely with banking partners and regulators. 

CS_BCM_DepositswithQuestions
Three digital currency search screens on mobile devices
BCM_CS_Icon_analytics

“How can we provide traders with their performance data?”

“How can we provide traders with their performance data?”

“How can we provide traders with their performance data?”

“How can we provide traders with their performance data?”

“How can we provide traders with their performance data?”

Analyzing Trade History
How can people sort and filter through thousands of trades? How do they differentiate cancelled, rejected or expired orders? We tested with a subset of users and collected insights on what they valued most. 

Analyzing Trade History
How can people sort and filter through thousands of trades? How do they differentiate cancelled, rejected or expired orders? We tested with a subset of users and collected insights on what they valued most. 

Analyzing Trade History
How can people sort and filter through thousands of trades? How do they differentiate cancelled, rejected or expired orders? We tested with a subset of users and collected insights on what they valued most. 

Analyzing Trade History
How can people sort and filter through thousands of trades? How do they differentiate cancelled, rejected or expired orders? We tested with a subset of users and collected insights on what they valued most. 

Partial Orders
We re-envisioned partial orders by providing a breakdown of large executions and used data visualization to simplify information.

Partial Orders
How can people know if only a portion of the order was filled but the rest was pending? We created animated visualizations to show a breakdown of large executions to simplify trades.

Partial Orders
How can people know if only a portion of the order was filled but the rest was pending? We created animated visualizations to show a breakdown of large executions to simplify trades.

Partial Orders
How can people know if only a portion of the order was filled but the rest was pending? We created animated visualizations to show a breakdown of large executions to simplify trades.

Partial Orders
How can people know if only a portion of the order was filled but the rest was pending? We created animated visualizations to show a breakdown of large executions to simplify trades.

Testing and Learnings
We tested this feature with a subset of users and collected insights on what they valued most about their trading performance. 

CS_BCM_Tradehistory

Testing and Launching the MVP

Testing and Launching the MVP

Testing and Launching the MVP

Testing and Launching
the MVP

Testing & Launching
the MVP

In a few months, it was time to onboard customers and test our software in build mode. We geared up for a beta launch by building market liquidity and ran a 3 week usability study where we interviewed traders. We received a lot of positive feedback on the MVP.

In a few months, it was time to onboard customers and test our software in build mode. We geared up for a beta launch by building market liquidity and ran a 3 week usability study where we interviewed traders. We received a lot of positive feedback on the MVP.
 

In a few months, it was time to onboard customers and test our software in build mode. We geared up for a beta launch by building market liquidity and ran a 3 week usability study where we interviewed traders. We received a lot of positive feedback on the MVP.

In a few months, it was time to onboard customers and test our software in build mode. We geared up for a beta launch by building market liquidity and ran a 3 week usability study where we interviewed traders. We received a lot of positive feedback on the MVP.

In a few months, it was time to onboard customers and test our software in build mode. We geared up for a beta launch by building market liquidity and ran a 3 week usability study where we interviewed traders. We received a lot of positive feedback on the MVP.

CS_BCM_MVPFeedback

Cohesive Brand & Marketing

Cohesive Brand & Marketing

Cohesive Brand & Marketing 

Brand & Marketing

Brand & Marketing

We led the design & launch of BCM's website, provided guidance on value proposition, market positioning, & tone to ensure brand consistency across social channels and acquire new users for the private beta program.

We led the design & launch of BCM's website, provided guidance on value proposition, market positioning, & tone to ensure brand consistency across social channels and acquire new users for the private beta program.

We led the design & launch of BCM's website, provided guidance on value proposition, market positioning, & tone to ensure brand consistency across social channels and acquire new users for the private beta program.

We led the design & launch of BCM's website, provided guidance on value proposition, market positioning, & tone to ensure brand consistency across social channels and acquire new users for the private beta program.

We led the design & launch of BCM's website, provided guidance on value proposition, market positioning, & tone to ensure brand consistency across social channels and acquire new users for the private beta program.

CS_BCM_WebsiteSocial-1

Path to Acquisition

The Path to Acquisition

The Path to Acquisition

The Path to Acquisition

Path to Acquisition

It was now August 2018, and the crypto market was shifting once again. However, our role as product leaders isn’t to predict the rise or fall of a fluctuating market but to build useful products and give people tools to make better decisions.

BCM brought FIX API to the crypto market, developed a low latency order matching engine, a new way to parse through partial orders, and an experience that made trading secure, easy, and intuitive. This generated interest from industry leaders, and BCM was acquired by Bitbuy in late 2018. It was incorporated into their platform and launched as "Bitbuy PRO" in 2019.

It was now August 2018, and the crypto market was shifting once again. However, our role as product leaders isn’t to predict the rise or fall of a fluctuating market but to build useful products and give people tools to make better decisions.

BCM brought FIX API to the crypto market, developed a low latency order matching engine, a new way to parse through partial orders, and an experience that made trading secure, easy, and intuitive. This generated interest from industry leaders, and BCM was acquired by Bitbuy in late 2018. It was incorporated into their platform and launched as "Bitbuy PRO" in 2019.

It was now August 2018, and the crypto market was shifting once again. However, our role as product leaders isn’t to predict the rise or fall of a fluctuating market but to build useful products and give people tools to make better decisions.

BCM brought FIX API to the crypto market, developed a low latency order matching engine, a new way to parse through partial orders, and an experience that made trading secure, easy, and intuitive. This generated interest from industry leaders, and BCM was acquired by Bitbuy in late 2018. It was incorporated into their platform and launched as "Bitbuy PRO" in 2019.

It was now August 2018, and the crypto market was shifting once again. However, our role as product leaders isn’t to predict the rise or fall of a fluctuating market but to build useful products and give people tools to make better decisions.

BCM brought FIX API to the crypto market, developed a low latency order matching engine, a new way to parse through partial orders, and an experience that made trading secure, easy, and intuitive. This generated interest from industry leaders, and BCM was acquired by Bitbuy in late 2018. It was incorporated into their platform and launched as "Bitbuy PRO" in 2019.

It was now August 2018, and the crypto market was shifting once again. However, our role as product leaders isn’t to predict the rise or fall of a fluctuating market but to build useful products and give people tools to make better decisions.

BCM brought FIX API to the crypto market, developed a low latency order matching engine, a new way to parse through partial orders, and an experience that made trading secure, easy, and intuitive. This generated interest from industry leaders, and BCM was acquired by Bitbuy in late 2018. It was incorporated into their platform and launched as "Bitbuy PRO" in 2019.

Successful Outcomes

Successful Outcomes

Successful Outcomes

Successful Outcomes

Successful Outcome 

For Explorux, it was a thrilling ride. We dove head-first into an emerging industry, collaborated with bright people, and played with blockchain technology. We enjoyed having the autonomy to build the team and led BCM to success from the earliest stages: validating the proof of concept, conducting research, devising the MVP to acquisition.

For Explorux, it was a thrilling ride. We dove head-first into an emerging industry, collaborated with bright people, and played with blockchain technology. We enjoyed having the autonomy to build the team, and leading BCM to success from the earliest stages: validating the proof of concept, conducting research, devising the MVP to acquisition.

For Explorux, it was a thrilling ride. We dove head-first into an emerging industry, collaborated with bright people, and played with blockchain technology. We enjoyed having the autonomy to build the team and led BCM to success from the earliest stages: validating the proof of concept, conducting research, devising the MVP to acquisition.

For Explorux, it was a thrilling ride. We dove head-first into an emerging industry, collaborated with bright people, and played with blockchain technology. We enjoyed having the autonomy to build the team, and led BCM to success from the earliest stages: validating the proof of concept, conducting research, devising the MVP to acquisition.

For Explorux, it was a thrilling ride. We dove head-first into an emerging industry, collaborated with bright people, and played with blockchain technology. We enjoyed having the autonomy to build the team and led BCM to success from the earliest stages: validating the proof of concept, conducting research, devising the MVP to acquisition.

Collage of Explorux and BCM.exchange photos
Timeline of the BCM.exchange project

"The Explorux team is exceptional — insightful about business vision, strategic about product results, and an absolute delight to work with!"

"The Explorux team is exceptional — insightful about business vision, strategic about product results, and an absolute delight to work with!"

"The Explorux team is exceptional — insightful about business vision, strategic about product results, and an absolute delight to work with!"

"The Explorux team is exceptional — insightful about business vision, strategic about product results, and an absolute delight to work with!"

"The Explorux team is exceptional — insightful about business vision, strategic about product results, and an absolute delight to work with!"

Profile photo of Ken Ono

Ken Ono
CTO, BCM

Ken Ono
CTO, BCM

Ken Ono
CTO, BCM

Ken Ono
CTO, BCM

Key Learnings

Key Learnings

Key Learnings

Key Learnings

Black and white profile pic of Farwa Kazmi

Farwa Kazmi
Founder & CEO, Explorux

Farwa Kazmi
Founder & CEO, Explorux

Farwa Kazmi
Founder & CEO, Explorux

Farwa Kazmi
Founder & CEO, Explorux

Abstract symbol for doing

"Our role isn’t to predict the rise or fall of a fluctuating market —  it is to build useful products and give people the tools to make better decisions."

Our role isn’t to predict the rise or fall of the market —  it's to build useful products and give people the tools to make better decisions.

Our role isn’t to predict the rise or fall of the market —  it's to build useful products and give people the tools to make better decisions.

"Our role isn’t to predict the rise or fall of a fluctuating market —  it is to build useful products and give people the tools to make better decisions."

"Our role isn’t to predict the rise or fall of a fluctuating market —  it is to build useful products and give people the tools to make better decisions."

Abstract symbol for seeing

"Having a great product isn’t enough. Move past saturating your team with technical talent, and turn everyone into a brand advocate. Focus on building a collaborative and inclusive culture. It leads to better output."

"Having a great product isn’t enough. Move past saturating your team with technical talent, and turn everyone into a brand advocate. Focus on building a collaborative and inclusive culture. It leads to better output."

"Having a great product isn’t enough. Move past saturating your team with technical talent, and turn everyone into a brand advocate. Focus on building a collaborative and inclusive culture. It leads to better output."

Having a great product isn’t enough. Move past saturating your team with technical talent, and turn everyone into a brand advocate. Focus on building a collaborative and inclusive culture. It results in better output.

Having a great product isn’t enough. Move past saturating your team with technical talent, and turn everyone into a brand advocate. Focus on building a collaborative & inclusive culture. It results in better output.

Abstract symbol for thinking

"It takes a very unique skillset to take an early-stage startup to success vs. joining a mature org. where processes have been established. You're setting the bar with a clean slate and things move at a break-neck pace."

"It takes a very unique skillset to take an early-stage startup to success vs. joining a mature org. where processes have been established. You're setting the bar with a clean slate and things move at a break-neck pace."

"It takes a very unique skillset to take an early-stage startup to success vs. joining a mature org. where processes have been established. You're setting the bar with a clean slate and things move at a break-neck pace."

"It takes a very unique skillset to take an early-stage startup to success vs. joining a mature org. where processes have been established. You're setting the bar with a clean slate and things move at a break-neck pace."

"It takes a very unique skillset to take an early-stage startup to success vs. joining a mature org. where processes have been established. You're setting the bar with a clean slate and things move at a break-neck pace."

Abstract symbol for talking

"Prioritize security, regulation, and ethics. In product, it is already a delicate dance between "let's ship it" and "let's get it right".  In Fintech, you conduct this dance on a rope atop cliffs — You can’t mess with people’s money!"

Fintech has challenges around security, regulation, and ethics. In product, it is already a delicate dance between "let's ship it" and "let's get it right".  In fintech, you conduct this dance on a rope atop cliffs — You can’t mess with people’s money!

Fintech has a unique set of challenges around security, regulation, and ethics. In product, it is already a delicate dance between "let's ship it" and "let's get it right".  In fintech, you conduct this dance on a rope atop cliffs — You can’t mess with people’s money!

Fintech has challenges around security, regulation, and ethics. In product, it is already a delicate dance between "let's ship it" and "let's get it right".  In fintech, you conduct this dance on a rope atop cliffs — You can’t mess with people’s money!

Fintech has challenges around security, regulation, and ethics. In product, it is already a delicate dance between "let's ship it" and "let's get it right".  In fintech, you conduct this dance on a rope atop cliffs — You can’t mess with people’s money!

Running an Early-Stage Startup?

Running an Early Stage startup?

Running an Early Stage Startup?

 Are you an early stage startup?

Running an early stage startup?

Partner with us on strategy, research and design. We help founders innovate quickly and build better products, processes & teams.
 

Partner with us on strategy, research and design. We help founders innovate quickly and build better products, processes & teams.
 

Partner with us on strategy, research and design.
We help founders innovate quickly and build better
products, processes & teams.

Partner with us on strategy, research and design. We help founders innovate quickly and build better products, processes & teams from 0 to 1 to 100.

Partner with us on strategy, research and design. We help founders innovate & build better products, processes & teams.

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© 2018 Explorux Inc. All Rights Reserved. Made in Toronto.

© 2018 Explorux Inc. All Rights Reserved. Made in Toronto.

© 2018 Explorux Inc. All Rights Reserved. Made in Toronto.

© 2018 Explorux Inc. All Rights Reserved. Made in Toronto.

© 2018 Explorux Inc. All Rights Reserved.
Made in Toronto.