Bitcoin Forum

This video was made by a Sw. Engineer in our team.
It is simple, but has everything needed to get a site using our API in the air & running.

If any of you would like to meet us in person, we will have an Web-summit Alpha Arena Both in the upcoming Web-Summit.
We will be waiting for you.

https://www.youtube.com/watch?v=7ujmzb3HzCA (https://www.youtube.com/watch?v=7ujmzb3HzCA)

Kind regards,
O.

EDIT:
Sites that implemented our api so far:

https://www.kriptoburosu.com/ (https://www.kriptoburosu.com/) - Instant Exchange in for the Turkish Market!

I don't need to open and watch this video to understand that in some point is coming moment where you have to register or download something.. old school of malware implementing..

Be careful guys  8)

No, nothing like that!

No downloads, 100% open-source, 100% anonymous, no registration whatsoever.

The length of the video is 12 minutes, give it a shot, maybe you will learn something new.

Regards,
O.

Well they are a team of reputed members who have built up a website to help people exchange cryptocurrencies and moreover they are implementing different tests to find out bugs. However this post is to help them spread their business by installing their API in any new website. According to me its an opportunity .

realy if youre script can create exchanger is free and open source

Great to see a tutorial about how to make a exchange using your API. However i like the fact that you are still on hold of the wallets, so no one will be able to use the code to scam people. However there are alot of cryptocurrencies, that have different JSON-RPC calls (at least cryptonote as far as i know), so im wondering if a support for example cryptonote currencies will be added on the future? Would be really cool to at least see Monero, Bytecoin and such added to the exchange, because so far there are only 4 of them. I just do not realise why the people who want to exchange would not just directly go to your site, instead of frontend clone site that uses your site.


Great, we have a signature campaign spammer here. You clearly have no idea what you are talking about, and are just doing this for spamming on your campaign. Thank you for contributing with nothing!

Ps. Please next time when you make a thread, make it self-moderated so you can delete comments of the spammers that are not contributing at all.

Sorry I'm currently on a terrible internet connection and can hardly open any video page, yet it doesn't play. The idea sounds nice if it is what I understand of it but I'd like to learn more asap. Is there some place I can actually read about it? If it is not what I understand of it, I am lost in the concept of making your own exchange... what good would it do and why would anyone choose my exchange which is a mass produced site that will probably pop in 100's soon. And it might actually even help scammers, can't it?

I'm really sorry if I sound so stupid for all the people who watch the video :)

Many thanks
many ideas after video

How do you know that? Have you seen them in person? Have you made use of their services? You have been part of their team? You're just saying that because you're enrolled in their campaign and that's really it.

Bottom line is that people shouldn't mess around with launching their own exchange within a certain period of time. Proper exchanges are written from scratch by stacked coders, and that's how it should be.

People with no coding skills, no financial resources, no real crypto knowledge, and the list goes on, should never operate an exchange with people's funds being at stake ~ there are too many of these 'exchanges' around already.

Agree with your thought, to launching your own exchange must have basic coding skills,financial resources and  real crypto knowledge.

OP if you and your team are talent you can connect me.

Thank you for your feedback, your are indeed right.
Right now the CryptoNote Protocol is indeed a priority (ByteCoin, Monero).

Please contact us if you have any additional questions.

Regards,
O.

I am not sure what you mean by that, can you please clarify?
Does that mean that if a person knows how to write JavaScript he can operate his own exchange using our software?

This would be correct,
Thank you for you support.
Please do not hesitate to approach us with any questions.

Do not hesitate to contact us via live chat at https://nexchange.io (https://nexchange.io) or directly via email mailto:support@nexchange.io (http://mailto:support@nexchange.io)
in case you require any help with your implementation.

Kind regards,
O.

While what you say is at some degree true, it is not entirely accurate.
Pretty much every exchange out there ends up using a liquidity provider at different instances (even the market based ones!).
While a person can be a brilliant translator, marketer, community manager or content writer, he might not have the skills to spin up his own backend.
On the other hand, we cannot localize our solution in the perfect way for every segment or geographical TAM in a perfect, native-like way.
That's where our interests, and the the community members' interests, to operate their own exchange meet.

As per our accountability and reliability:
Our full names, pictures, professional and social profiles are published on the front page of our website.
I myself raised money from VC for previous ventures, and have over a decade of experience, all documented in my LinkedIn, with extraordinary recommendations from everyone I ever worked with.

To increase transparency and reliability, we have completely opened our API for anyone to use, and open-sourced our Frontend.
We are live-streaming our office every day, the entire day, as seen and elaborately explained on our blog post on Medium or Directly on our Youtube Channel's Livestream.

Our motivation and agenda are obvious:
To put an end to the despicable level of service this community gets from the market leaders,
and to establish our brand by positioning ourselves as a community-centric, fair, reliable, transparent and reasonably-priced exchange.


Venture Member Profiles as Seen on Our Front Page:
https://nexchange.io (https://nexchange.io)

My LinkedIn:
https://www.linkedin.com/in/oleg-belousov-b4112145/ (https://www.linkedin.com/in/oleg-belousov-b4112145/)


API Docs:
docs.nexchange2.apiary.io/# (http://docs.nexchange2.apiary.io/#)

Open Source Client (Full Nexchange.io (http://Nexchange.io) Website!)
https://github.com/onitsoft/nexchange-open-client-react (https://github.com/onitsoft/nexchange-open-client-react)

Youtube (Office Live Stream UK TIME 8:00-18:00!):
https://www.youtube.com/channel/UCBSnthgYD2TgdOiaSH-N0vA (https://www.youtube.com/channel/UCBSnthgYD2TgdOiaSH-N0vA)

Medium Blog:
https://medium.com/nexchange (https://medium.com/nexchange)

Thanks for the video Oleg, it is extremely useful. Im saving this post for future reference.

I'd just also like to chime in and vouch for Nexchange, not just because i'm part of their signature campaign, but because i truly am impressed with the transparency and openness of the project. As a developer myself, I look at Nexchange and already see how much time, effort, and money they have put into this. I wish nothing but success for Nexchange. Solid project with real world use especially once more coins are added for exchanging.

#nexchange #legit

This video is not a scam or way to scam you guys, it seems so good video to reach us something. The OP is and even the narrator knows what is his saying and he is a software engineer. Anyway I will try this one soon I got my laptop so I can easily use and process things.

Friend,  you have to see for your self before judging. Anyway this video is for tutorial, it is safe. Anyway the one you are saying is still up to you whether he offers you to download this or that still its up to you if you gonna follow him or her to the instruction. Its your negligence anyway.

This is just a front-end script for hooking into your service which only does the top few coins... what about a way to add our own coins to the system?

Is this a legit exchange? as the one who post this have a negative trust. Hard to believe with that

Guys, the only reason that we had negative feedback is that our previous campaign-manager left negative feedback to Yahoo as a personal vendetta, and the latter left us negative feedback in return.
Anyways, it's all sorted now, thanks for caring.

Nexchange doesn't require an account for exchange (its okay) but why you don't create a section for publisher and create a front end script with admin panel so publisher can just easily insert their Referral code, additional rate, and withdrawal wallet by just filling up the text box. So they don't need to do 1 transactions on your system in able you to recognize them and get their withdrawal wallet and easier from them to track their earnings.

Hi sabx01!

I would like to start by saying that you are right, this would be easier.

But there are several things which you might have overlooked:

1. As a lean startup we focus on minimising our time to market, by focusing on the important stuff - Make transactions work, always!
2. We believe that to sell something you need to try it first... otherwise it might not work as well as it would.
3. We would like to to see that our partners are at least somehow competent and comfortable around basic code changes, or can get paid help if needed.
Treat it as test of minimal competence.

With all that said, the main consideration is indeed being lean, and keeping a short iteration length & minimal time to market, we will definitely improve as we grow.

Kind regards,
O.

I tell this cause lots of publisher doesn't have coding language and most of popular website they owned it. having lots of publisher more chance of your system will be used and known in public. Of course you still focus on make transactions works its your job..else publisher will be useless also.

There is any way to implement local fiat money to BTC?

There is an underlying fiat support, you might want to PM us for further details in case you find a common ground for cooperation.

Interesting I have bookmarked this thread I'd like to see members with experience in coding to try out your script, definitely many are going to use your script if a lot of people will give good testimonials about your script.

I think that the title "How to make your own exchange within an hour" is an overstatement. An exchange made within an hour it should last... an hour. Maybe it has the functionality provided by OP, but some really big exchanges have been hacked (eg: BitStamp, Bitfinex, etc...) and they have entire teams of developers. To build an exchange is not an easy task and learning how to program takes years of learning and practice. There are no shortcuts.

This is an exchange based on our backend.
We have a bounty with a minimal reward of $1k US to anyone who will be able to compromise the security of our exchange (maximum of twice of the amount you can extract unlawfully).


Go for it!

I wasn't talking about the security of your exchange. I was talking about the security of an exchange based on your engine. If someone wants to introduce new futures, it has to know the inside-out of the code, because otherwise, it could introduce aditional security holes and most of the time this is exactly what will happend.

Althought, I agree that using an exact copycat of your exchange, it may be as secured as your own exchange.. but then what will be the point? Why someone would go to a copycat exchange and not on the original?

Anyway, I'm not condamning your initiative in anyway but in fact I encourage it, like any other initiative related to crypto development. I just want to point out some aspects that may not be so obvious from the start.

Good luck with your service.

Our goal is to create a customisable backend that can be used for any purpose:

Trading, Bitcoin payments, money remittence, shopping, gambling - whatever you can imagine.

It is true that we start small though, but who of us did not have a humble start? even the Bitcoin itself :)

The current benefit would be mostly a better localisation, segmentation, and understanding of the local markets which our white-labels target.

Here is an example of a Turkish site based on our platform:
https://www.kriptoburosu.com/ (https://www.kriptoburosu.com/)

Thank for your support.

However... we have already 10 exchange running in this scheme, all bootstrapped quite quickly, unless the founders were not tech-proficient, and that really does not depend on us or the guide we have published.

I like your exchange very much. I have risked around 100$ with you (not much but still).
They are legit, and their support works. However im sad that it's under maintance currently and BTC or ETH isn't available.
I hope that you can open it ASAP and on future notify on your website or something, because it is really unclear to find out what's going on if not asked from the support.

can I trust this exchanger?

Does your decision to strike off the company from the registry will affect the project survival? Are you just changing jurisdiction or next March everything will by shutdown? Thanks

Dear community, I want to tell to all my story.
I wanted to exchange my120k BDG - Bitcoin cach.
At first they said that they had technical problems and then said they would return my tokens, but so far I have not received anything.
They just stole my money.
P.S.  support screens and transactions screen can provide.

Well....I believe that in absence of an official position, this "scenario" answers my previous question.

Thanks for your video I really liked it and might use your ressources just for trying and experimenting!

With pleasure, please join or telegram under n.exchange/telegram (https://n.exchange/telegram).

We are launching an ICO soon - check it out!

Link to our ICO Announcement (https://bitcointalk.org/index.php?topic=4501259.msg40514150#msg40514150)
Link to our Airdrop Announcement (https://bitcointalk.org/index.php?topic=4496222.msg40460208#msg40460208)
Link to our Bounty Campaign (https://bitcointalk.org/index.php?topic=4501170.msg40512568#msg40512568)
White Paper EN (https://n.exchange/n_exchange_whitepaper.pdf)
ICO Page: https://n.exchange/ico

So how do you make money off that? What are the fees?

0.25% of turnover from 1st-degree referrals, and then 50% from that for any further degree up to 3rd degree!
1% for fiat referrals!

I wonder what is your purpose by making this, so you are offering exchange creation while you own your exchange?

That's easy:
1. We are looking to aggregate as much volume as possible under our API, for this purpose we also have a merchant solution underway, and many complimentary services like crypstor.com (https://crypstor.com).
2. We acknowledge that we cannot serve the best experience to all of the demographic and geopolitical groups out-there, neither we have the resources to. In fact, we would much rather have the community involved and share our profits with you guys!

A good example of a prospering white-label solution, based on our open-source, is Tauschkrypto.de (https://tauschkrypto.de)

That's a good idea, but then if you get hacked or disappear with funds, then everyone connected to you will have lost their business. How do we ensure that never happens?

Hello

How are you?

I want your program.

But my programming skills are at the level of creating a master node.

Do you have any package price?

like a u making a my website

Thank u

send me PM plz~

That is true, first of all, we already had an incident where 500 BTC were locked by a liquidity provider (https://www.reddit.com/r/Bitcoin/comments/7cm7jx/uphold_freezes_account_due_to_165_btc_deposit/), and everyone got their money back after we managed to solve it.
To prevent any similar situations in the future, we are launching an ICO (https://n.exchange/ico) to back the Decentralised Exchange which we are currently working on, and get an official regulatory status for it, as well as insurance for funds in custody.

Learn more under n.exchange/ico (https://n.exchange/ico)

If this is a decentralized exchange, then who will get such status? If a company owns an exchange, then how is it decentralized?

We would like the balances for the native chain (Ethereum) to be decentralized, and trades on non-natively supported chains to occur via a contract (1x leverage, free of charge up to 8 hours with no rollover).
For this purpose, as well as to eliminate the delays and overhead of running a decentralized matching engine, our matching engine will be off-chain (centralized). This fact will also allow us to obtain a regulatory status.

Please let us know if you have any other questions.

If that's the case, will you accept fiat deposits/withdrawals ?

Yes we do, via credit card and SEPA.

i want to open my own exchange but i don't know if i can use youre program