Hi folks,
I'm launching a new exchange and a bit stuck about providing liquidity.
I'm aware and understand technical details related with connection to a third party exchange order book.
But I want to minimise risks, losses and keep a storage in balance.
Could you suggest me links or explain how to built a proper spread and how to cover expected losses by arbitrage?
From my experience, the best ways are:
1. Obligatory: Having an API, for market makers.
2. Highly recommended: 0% or slightly negative fees for 3-6 months.
3. Highly recommended: Willing to accept not so popular coins, listed in just 1-2 exchanges.
4. Recommended: Signature campaign or other form of targeted crypto advertisement.
What experience do you have?
1. Yes, API is one of the most important things and one of the first feature we're going implement.
2. As for the fees I prefer the solution suggested above - negative for takers and positive for makers
3. I'm already working on the list of not popular but perspective coins. I'll be appreciated if you recommend few you are interested in
4. Also I'm planning to launch affiliate program for traders
Thank for your advices.