Bitcoin Forum

is there any software that can be bought,whats name?

I don't know of any software I could name off the top of my head but if you have the skills or funds to pay for it I think custom software would be the best route to go. Well built proprietary software would be less vulnerable to hacks etc.

tnx that means i have to pay for that,eitherway,better then getting hacked

Creating an exchange would set you back 10k in the least

if you dont have programming skills then having a web business involving holding currency should not be something you should choose. for thse reasons
1. you may lack the programming skills to audit the code to know if any backdoor exist
2. if there are bugs you may lack the skills to patch the holes
3. if you dont know how to program then your experience of running a internet server may also lack
4. you sound like someone with limited funding/experience. which is not good for running an exchange.

these days its best to have someone with proper financial experience, that doesnt want a cheap set-up purely to profit from as that is the neon signs of a mtgox scenario.

if you do manage to surprise everyone by being a well known person that has great experience in finance and programming and you are going to do it.. do not buy a piece of software off the shelf. you WILL need to employ someone to program AND maintain it. you will need atleast 3 servers to maintain a proper secure system and alot of bandwidth and guaranteed electric supply.

its not going to be a cheap $200 software package.. think $10k+

This.
An actual exchange that functions properly is going to be pricey...we're talking $10k off rip to just get started.

If you do not know how to program, add an additional $10,000 large.

great answer, now exchange opening definitly fails in my head

If you were thinking of buying some software and installing the website, wallets, databases and transaction engines all on the same server, think again.

I can tell you that just the cost for DDOS and IDS/IDS protection for a financial web application start at upwards of $2,000 a month for one site. You need at least 2 sites that are geographically separated for disaster recovery. That doubles the cost to $4,000/month minimum just on protection. On top of that you still need to pay for the servers and software. 

You have two choices:
1) Become a world-class programmer
2) Pay Alphapoint $200k and 40% of your profits

Good luck!

+1 for that.
I'm thinking option 2 is viable for you OP.  ::)

Free - https://github.com/btcexch1/ecoinstrader

It's too much work or price for normal btc users. You may want to hire a team to do the job.

I talked to these guys at the Chicago conference: http://www.modulusglobal.com/

They mention a ~$20K package would do the trick. What's everybody else's assessment?

If you buy the software, please note that whether is the original author leaving a backdoor?

Too cheap for an exchange that is going to be handling volume.

I would advise against beginning an exchange without prior knowledge and education. If things don't work out it will become a disaster. We have seen it happen before, more than once...

i am thinking like you, therefore exchange is nothing for me.tnx for adive

what is alphapoint?
what skills do you recommend for programming? c++? i guess only this is needed in crypto?

`
you are right,therefore i dont wanna make an exchange,if i would i would hire programmers,but my knowledge is not enough

this looks interesting, is this safe?
i mean i will not make an exchange,but just for test purpoeses?
and is this used often?

if u're asking this, please dont ever make an exchange website, it aint for you

no,i will not make it,be sure:)

I have found out the following topics that might be useful to you

https://bitcointalk.org/index.php?topic=769454.0
https://bitcointalk.org/index.php?topic=830903.0
Hope you liked them

visit the links. fully functional and operational.

user: demo
password: 12345678

You DO NOT want to make an exchange like Cryptsy ;)

We are considering all possible options, the main thing is that there is a correspondence to our wishes:  https://bitcointalk.org/index.php?topic=2488439.0

IMO You will probably pay 20k for consulting alone.

My assessment is much more depressing:

Half a million from the top of my head. Million is more likely if you starting with money alone (no office, no hardware, no lawyers, nothing but bank account). This money will last you ~6-10 month of developement. After that you will end up with maintenance cost of another 500k/year.

That includes hiring full time professionals (programmers, admins, security professionals), building and maintaining infrastructure etc.

Now (and here) we only discuss about software 8)

Where did those numbers came from?

They are close to the real.

Yes numbers seems legit, I just wonder where they came from?

These days creating a cryptocurrency exchange is simply a hard thing to achieve. Because, even the top listed altcoins exchanges were undergoing pressure situation due to the increased regulatory acts being imposed by different government authorities in their respective countries.