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Author Topic: Creating a new exchange  (Read 2203 times)
xdeltax
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August 06, 2017, 08:21:20 PM
 #21

Maybe some years too late. There were many others with this idea. And some of them are open-sourced.
Google "exchange cryptocurrency github" and fork the code you like most. No need to "buy a script" (whatever that might mean).
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no0dlepunk
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August 07, 2017, 10:05:26 AM
 #22

I am creating a new bitcoin exchange where people can buy and sell bitcoin. The idea is a place where people can sell their bitcoin to other users and buy from other users.

What do you like in an exchange and what makes you choose one exchange over another?

I need advice and suggestions for things you would like to see in an exchange.

Most of the platforms that I have tried offers USD/Coins only. If you want your exchange to kick ass, try offering some other fiats such as YUAN/COINS, PHP/COINS, USD/COINS, EUR/COINS, and so on... I know that sounds very crazy but you were asking Ideas how to be different from the existing ones, right? With this concept you could attract investors to use your exchange as forex too.
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August 07, 2017, 11:42:41 AM
 #23

I am creating a new bitcoin exchange where people can buy and sell bitcoin. The idea is a place where people can sell their bitcoin to other users and buy from other users.

What do you like in an exchange and what makes you choose one exchange over another?

I need advice and suggestions for things you would like to see in an exchange.

The first thing is, why people should trust your exchange? As there are some famous and reliable exchanges right now.
- you need to assure that people funds and coins are safe
- easy to deposit, fiat currency and bitcoin
- no problem regards withdrawal and
- people easily to contact your support, customer service.
Bytextech
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August 14, 2017, 03:10:36 PM
 #24

IMO do we really need another exchange  Roll Eyes

In case of good conditions why not to have few more exchanges? Smiley

Can you name several issues with current exchanges or you are definitely satisfied with their perfomance? 
civilufo
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August 14, 2017, 03:15:34 PM
 #25

Do you plan to create an exchanger for bitcoin to real world currency, or bitcoin to alt coins?

NikS13
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August 14, 2017, 03:29:10 PM
 #26

I am creating a new bitcoin exchange where people can buy and sell bitcoin. The idea is a place where people can sell their bitcoin to other users and buy from other users.

What do you like in an exchange and what makes you choose one exchange over another?

I need advice and suggestions for things you would like to see in an exchange.

It needs to have 2FA, no shitcoins (like yobit) and smooth experience.
northstarh
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August 14, 2017, 05:05:08 PM
 #27

I think it's not a good idea, there are too many exchanges on the market today, we do not need the same things. However, we need something new, which is the only way for you to compete with them.

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shirackjs
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August 14, 2017, 05:10:02 PM
 #28

Security and low fees are the first things I want to see in an exchange. The users must be able to trust your exchange in order for them to deposit BTC to start trading.
Andrew1337
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August 14, 2017, 05:34:40 PM
 #29

Open a ico , and put your coin made on your exchange Smiley , by the way i want also to see a good security from a exchange , there are lots of hacking on exchanges and losing bitcoins
error08
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August 15, 2017, 10:42:45 PM
 #30

If users get more benefits from your exchange rather than others, so why not?
Just think over what makes your project special?
Maybe higher operations speed, better interface, guaranted safety, different bonuses for users? There're lots of things to attract both users and investors.
Good luck!  Wink

Indeed, there's nothing wrong to create your own exchange as long as you have enough money to build a great one.
I totally agree if your exchange offer a better experience compare to most exchanges such as Poloniex which has bad service right now or high fees on bittrex. In this business, if you can provide; fast, friendly and reliable service for customers, then you've win their heart to always use your service.
xaxistech
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August 15, 2017, 10:52:35 PM
 #31

Creating an exchanger is a bit difficult nowadays, getting trust of the people just for depositing their bitcoins in your exchanger is not easy, there are a lot of exchangers being seized or just hacked. That is why i prefer to do my own exchanges, if i wanna buy waves, i buy them on their platform, if i wanna buy ethereum, i bought them through a safe wallet. I dont use exchangers anymore because i dont trust them anymore.
If you are gonna to create a new one, then make it trustable, otherwise, nobody is gonna deposit in there.


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barabut
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August 16, 2017, 09:05:03 AM
 #32

In my point of view to wrap up the things if you are gonna set up a new exchange portal then it must be safe, specialized may be decentralization would be an option for that. But  if you decided to set up as a competitor so you should have a good pricing, at least same quality of service and this is a must that you have to do some point differnent.
DreamweaverVCC
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August 16, 2017, 10:17:33 AM
 #33

Creating an exchange is very hard because of the security , as a crypto exchanger, security will be the hardest. unless you wanna become mtgox
shield132
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August 16, 2017, 11:44:47 AM
 #34

Do you want that exchanger to be widely known or for just a small amount of people. I think for wide audience, you need a lot of money because of so much and popular exchanger exist here.
On exchanger all I am looking for is low fees, optimized website, high speed connection and good support + many coins exchange.

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Bytextech
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August 16, 2017, 07:16:34 PM
 #35

I am creating a new bitcoin exchange where people can buy and sell bitcoin. The idea is a place where people can sell their bitcoin to other users and buy from other users.

What do you like in an exchange and what makes you choose one exchange over another?

I need advice and suggestions for things you would like to see in an exchange.

Most of the platforms that I have tried offers USD/Coins only. If you want your exchange to kick ass, try offering some other fiats such as YUAN/COINS, PHP/COINS, USD/COINS, EUR/COINS, and so on... I know that sounds very crazy but you were asking Ideas how to be different from the existing ones, right? With this concept you could attract investors to use your exchange as forex too.

Topic starter should think about

1. Cheap and safe solution for personal use
2. UX is monster either.
3. Mobile first

In case of these 3 points even) he can develop a killer platform at existing market.
Listen what people say about current platforms! There is a huge gap between perfect platform and what we have today.

Take care.
vikylj7
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August 16, 2017, 07:26:56 PM
 #36

I wanted that there would be an opportunity on the stock exchange to buy different coins not only for bitcoins, but also for dollars...
Bytextech
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August 16, 2017, 07:50:00 PM
 #37

Do you want that exchanger to be widely known or for just a small amount of people. I think for wide audience, you need a lot of money because of so much and popular exchanger exist here.
On exchanger all I am looking for is low fees, optimized website, high speed connection and good support + many coins exchange.

Would you be glad to have all of this features handy IOs/Android?
Do you have example of app the app you are running on daily basis?
What fees may suit you, exactly?

Be honest my friend)
freemanjackal
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August 17, 2017, 03:59:40 AM
 #38

it would be a good idea, make a descentralized exchange like i saw posted here...
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August 17, 2017, 06:18:08 PM
 #39

For me things you need to consider are what platform to be used?, are going to enter an ICO? Who will be your existing partners or supporters?, can you offer lower transaction fees than the others or maybe what make you better than the existing exchanges.

 
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August 17, 2017, 06:18:32 PM
 #40

Would I look for is the same thing and everyone else is going to look for, the fact that you are going to be keeping up with the laws. That means know your customer, and that means that you're going to need a master Services baking license, that's it sit around $350,000, and a full inspection of your office.
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