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Author Topic: Creating a new exchange  (Read 2212 times)
Moddak2
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August 18, 2017, 07:03:00 AM
 #41

I think may do exchange as yobit.net,many pairs,with withdrawals and deposits no only bitcoin.
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MRNEXCHANGE
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August 18, 2017, 09:05:42 AM
 #42

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.

You could use our API (we use it for ourselves @ www.nexchange.io, all open source btw) and i suppose we could help you with some other things needed to have your exchange project up and running. You're welcome to get in touch with me mantas@nexchange.co.uk
MRNEXCHANGE
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August 18, 2017, 10:09:51 AM
 #43

Make a exchange in facebook messenger bot!!

I'm think that's a good idea. I spent some time exploring it. Did you came across any working examples you could share?
civilufo
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August 18, 2017, 12:45:58 PM
 #44

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.

You could use our API (we use it for ourselves @ www.nexchange.io, all open source btw) and i suppose we could help you with some other things needed to have your exchange project up and running. You're welcome to get in touch with me mantas@nexchange.co.uk

Nice website, since this is not a third party exchanger, wondering how do you determine the price?

thangoffshore
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August 19, 2017, 01:08:58 AM
 #45

What you need?
Trust. People have to trust you/your company to deposit money / coins there.
Safety. You have to make sure people's money / coins are safe. Cold storage, insurance are things to think of.
Usability. Your exchange's usability has to be very good.
Coins. You have to get many coins, but each coin means wallet(s) eating up resources.
Fees. Your fees (exchange and withdrawal too) may have to be lower than the competition at least for the start, until you gain liquidity.
Liquidity. You have to invest and attract people with coins. If nobody has anything to sell/buy on the exchange, there's no reason to go there.

Quite a lot of work and money there. Much more than "having bought a script".

My friend just started an exchange this week. He aims to mainly buy/sell cryptocurrency to fiat, mostly sell. In my country the cryptocurrency has not been adopted widely, then its price always higher than price in other country.

This post will help him very much. Thank you.

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