I'm happy to announce that QPSCoin is now trading on Rapid CX exchange:

https://www.rapidcx.com/exchange/qpscoin

Best Regards,
Steve Rawlinson
Chief Trading Engineer
RapidCX.com

Our API will be available in a few days.  But PM me if you want early access.

Good to know that you like Maker/Taker

Our exchange just switched to Maker/Taker pricing, with a +0.5% rebate for market makers (if you place the order first).  As a new exchange we're trying to increase volume and encourage people to place orders.  Kickstarting that initial volume is a challenge.  People come but don't see many other orders, so they don't place their orders, and neither does the next person, etc.  Do you think this will help?  Do you like this pricing model, or do you prefer the traditional one with fees around 0.2% for both buying/selling?
 
I also think this could be very lucrative opportunity for anyone interested in being a so called market maker, where you create both buy and sell orders at the same time.  You can make money on the spread (difference between the highest buy price and lowest sell price) as well as the 0.5% rebate.
 
If you haven't heard of Maker/Taker pricing before, here's how it works:
 
Market makers (those who are first to post the order) are rewarded with a +0.50% rebate. Takers (those who take the orders) are charged a -0.50% fee. In the end, market makers earn a rebate for providing liquidity and market takers help create a more efficient market.
 
Example:
Joe decides he wants to sell some of his Darkcoin. He posts a sell order for 50 Darkcoin. Before the rebate, the sale would yield a total of 0.8835 BTC. With the rebate applied, the sale would yield an additional 0.0044175 BTC -- almost $3 USD at Bitcoin's current price as of today.
 
So what do you think, will Maker/Taker pricing increase our volume?  Does it interest you, or is there a reason very few exchanges doing this?

Steve Rawlinson
Chief Trading Engineer
RapidCX.com

PayProCoin is now trading live on our new exchange, Rapid CX.

https://www.rapidcx.com/exchange/payprocoin

Great launch and happy trading!

Steve Rawlinson
Chief Trading Engineer
Rapid CX

Do you actively trade Bitcoins or altcoins?  Do you like to write and teach others about how to trade? Do you understand technical analysis?  Do you know what the MACD is and why you'd use a Fibonacci Retracements?

We're build a next generation trading platform and we're looking for experienced traders and analysts to provide high quality educational articles, analysis and advice for new traders on our website.  This is an opportunity for you to build your reputation as an expert in this new field (and we'll pay you too of course

It doesn't matter if you are self-taught or if you have previous experience in forex trading.  Qualifications are nice to have, but trading experience and understanding of fundamentals are what we're looking for.

Not a professional writer?  Don't worry if your spelling and grammar aren't perfect.  We'll have someone proofread your work.

The work is freelance and we are looking for a commitment of 1-2 articles per week.  If you can deliver more that would be awesome.

If you're interested please PM or email your qualifications and writing samples to Steve [at] R a p i d C X .com. 

Thanks!
Steve

We're looking to hire customer support people for a new exchange.  You will also help out with social media, Twitter, Reddit and online forums (like here on BitcoinTalk).  Full-time and part-time positions available.  This is an online job, so you can be located anywhere.

When you're not working on customer support requests, the rest of your time will be spend under the direction of the Marketing Manager to help engage with our community on Twitter, Reddit and online forums.

Support Tasks
- respond to email and help users
- respond to phone calls / voice mail messages
- we are using Zendesk for our support system

Community / Social:
- monitor social networks and respond where appropriate
- engage with community.  Be helpful and visible.

Strong English skills are required, both written and verbal.

An interest and passion for new technology is needed.  Bitcoins are new and there is a steep learning curve and you will need to always be learning.  Previous knowledge is not needed, but an aptitude for technical things is required.  If you're here reading BitcoinTalk, you probably meet this qualification

It will be important that you keep to our marketing message in all your communication.  So experience with messaging and business communication is essential.

Extra qualifications that would be nice to have:
- experience trading stocks or currencies, or an understanding of trading technical analysis
- you own Bitcoins (or other crypto currencies)
- demonstrated passion for new technology

I'm looking forward to your applications.  Send me a PM or email with your qualifications to Steve [at] R a p i d C X . com.

Thanks,
Steve

Rapid CX delivers an improved and innovative cryptocurrency trading platform. We challenge other platforms to keep up or close down. Our exchange platform has been engineered to scale during volume and I’m personally inviting experienced private investors to our exclusive beta launch.

Why Rapid CX?

Secure - Your money is safe with us. We monitor accounts for suspicious activity, require more than just a username and password to withdraw your funds and have implemented multiple backend security layers to protect our investors at all times.

Scalability - High trade volumes welcome. Hosted on AWS (Amazon Web Servers) our platform not only supports the volume but thrives on it.

Real-time - Trades are executed in milliseconds. Coin withdrawals are instant. Deposits are credited to your account as soon as the minimum number of confirmations are reached. 

Reliable - Rapid CX guarantees 99.9% uptime. Our platform is live and available to you 24 hours a day, 7 days a week, 365 days a year; we will always notify you of scheduled maintenance.

RCX Rating - We use sophisticated proprietary algorithms to help determine the best trades for our traders.

RCX Invest Signal  - We provide innovative information about each coin, such as lifespan, reputation, trading trends, analysis, and forecasts for each coin on our platform so that you can trade with confidence.

Customer Support - Customer service centric. Call (844) 46-RAPID for immediate support or email us at support@RapidCX.com for a response within six hours.

Thanks for all the comments about what frustrates you!

Based on the comments here are the top three frustrations:

1.  Speed is the biggest frustration overall.  Slow trades, slow deposits, slow withdrawals, slow websites, or sites down completely. The current exchanges don't seem to scale well.

2.  Slow to add the newest coins, and not enough coins in general.  Lack of a clear process to get a coin added.

3.  Customer service also came up a lot.

Based on these top three frustrations I've decided to start building a new exchange.  One that will be fast and have the latest coins.

I've written up a description for the new exchange, that I'm calling RapidCX (Rapid Coin eXchange).  I'd really appreciate you feedback.  Here is the description.

If this exchange existed today would you switch?  Are there any frustrations that I missed?

The exchange is not open yet!   However, we will have a very clear and fast process for getting new coins added to the exchange once we've launched.  My goal is to have a many new coins added as possible.

We're building an alternate cryptocurrency exchange that is FAST!  Really Fast.

We listened to your complaints about slow trades, slow deposits, slow withdrawals, slow websites and slow to add new coins.  Those other exchanges don't seem to be able to scale.  It's time for a change.

Our Promise to you...

Fast
Milliseconds matter. Fast trades using industry proven Disruptor technology. Fast deposits. Fast withdrawals. Fast website. The very latest coins. Speed is everything.

The Newest Coins
You want to trade the newest coins because they have the most opportunity. Coins are added fast and have a clear process for voting and selecting.

Safe and Stable
99.9% Uptime - Amazon Web Service (AWS) Servers provide scalability and redundancy - DDoS protection - Warm and cold coin storage to keep your coins safe from hackers.

Transparent
Real-time display of trading times, website uptime, deposit times, page load times, customer service wait times. If it can be measured and matters to you, then it's public.

Trust
It doesn't happen over night. Great relationships take time. We hope to earn your trust by proving it to you over and over.

Customer Service
Tired of waiting to hear what happened to your coins, or never hearing at all? We have 24/7 customer support. And guess what? They can actually make decisions.

How fast are trades?... Really fast.
Our exchange uses technology specifically designed for real stock markets and exchanges. We use ZeroMQ and the innovative LMAX Disruptor library that is industry proven to handle "6 million orders per second on a single thread." Disrupors are orders of magnitude faster than traditional algorithms (used by those other guys). For comparision, the LMAX exchange average trade speed is cution-performance]3.14 ms and handles $125 Billion USD per month.

Sounds Awesome! When is the launch?
We're aiming for mid 2014. If you want to get updates on our progress, invites to beta versions, or notified about the upcoming launch then get on our email list at RapidCX.com

Then why are you telling us now?
We'd like you feedback to make sure we're on the right track. Developing software takes time. Especially, an exchange that is secure, scalable, redundant and really FAST!

This is NOT an IPO.  We are a bootstrapped startup company that is building this next generation exchange right now.

Let us know what you think (like we even needed to ask...).

P.S. Get on our email list to get updates and invites to our beta version.

Thanks for the explanation and suggestion.  That's a good idea.

Lost coins is definitely frustrating!    Did you try either of their customer support?  And if so how was that experience?

Thanks Gazza1, hellscabane and Disastrus.  The trade lag/speed issue seems to come up often.


Why is that?  Is it because there are too many coins displayed in the interface and you want to filter just the active ones (remote the clutter)?  Or because the buy/sell orders don't execute when there isn't enough activity?  Or something else entirely?

Thanks hvezdasmrti!  Sounds like a wonderful experience, I can see why you're always return

So you're frustrated that exchanges aren't accepting enough bribes

Thanks Isildur23!  I'm glad to see there is lots of growth in the community, but it's definitely frustrating when websites are slow, or trade orders take a long time to execute.  Thanks!

All those zeros and decimal places definitely get confusing at times!  Since computers can't read your mind (yet ) the only way I can think to help with that problem is to show the equivalent value in BTC or USD (or whatever the user is familiar with).  That might help avoid those off by 10x errors.

Thanks Zisef!

It seems to me that the current exchanges get the job done, but there is a lot of room for improvement.  So I'm curious...

What is your biggest frustration with the altcoin currency exchanges available today?

Thanks!
Steve