User Registration: First, the user must create an official account on the platform after installation. To register an account, the user has to provide valid details in the respective place.

Crypto Deposit: Once the registration process is completed, deposit your cryptocurrencies in your respective wallet. 

Order Placement: To buy or sell cryptocurrencies, users can use various order placement types like market orders, limit orders, and stop orders.

Trade Execution: The software's order matching engine manages these transactions, matching buy and sell orders based on price and time priority. After matching, the trade is executed.

Analysis: The software offers real-time market data, such as price charts, order books, and transaction history, enabling users to make informed trading decisions.

I hope you got the basic working procedure of crypto exchange software. Many traders have started to develop the crypto exchange platform with the support of MetaDiac. They are a highly reliable white-label crypto exchange development company with a solid reputation.