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Bitcoin => Bitcoin Technical Support => Topic started by: sammyh on March 09, 2018, 06:10:47 PM



Title: Exchange Aggregator - How does it work?
Post by: sammyh on March 09, 2018, 06:10:47 PM

Been seeing a lot of whitepapers of new exchanges that claim they can aggregate order book from different exchanges to allow for best rate and coin options for investor. While the idea sounds great, I wonder how this will actually work?

Given most of all the exchanges are centralized, if a user from Exchange ABC would like to buy Bitcoin from Exchange XYZ, how can trade be handle seamlessly? Also, once trade is across different exchanges, how does one go about ensuring proper and valid completion of a trade?

Would love to hear any comments and thoughts



Title: Re: Exchange Aggregator - How does it work?
Post by: jackg on March 09, 2018, 06:32:56 PM
This is a bit strange of an idea. Presumably, if there are four exchanges (for example) 10% of the main exchanges total assets could be stored on those other exchanges (with automated API scripts keeping everything at a constant rate).

However, I'd personally look at this with caution, they may just be a broker, however, they may also be a scammer who say after a few months (our API scripts lost the funds due to the automnous processes we use, we will be unable to pay you "sorry for any inconvenience this may cause").


Title: Re: Exchange Aggregator - How does it work?
Post by: lopez cryptomania on March 09, 2018, 10:48:31 PM

Been seeing a lot of whitepapers of new exchanges that claim they can aggregate order book from different exchanges to allow for best rate and coin options for investor. While the idea sounds great, I wonder how this will actually work?

Given most of all the exchanges are centralized, if a user from Exchange ABC would like to buy Bitcoin from Exchange XYZ, how can trade be handle seamlessly? Also, once trade is across different exchanges, how does one go about ensuring proper and valid completion of a trade?

Would love to hear any comments and thoughts



The question your asking is valid this ICO is doing exactly what you're speaking about trading across different exchanges via. arbitrage trading. I believe in the project as the CTO programmer has over 40+ years experience in financial exchanges.

https://bitcointalk.org/index.php?topic=3085831.msg31823480#msg31823480