Help wanted for New BTC exchange site

[Matthew N. Wright]

[kjj]

The bitcoin interface will be easy.  It is the currency APIs that will be difficult.

[kjj]

No, I mean interfacing with whatever system you use to transfer currency in and out.  If it was dollars, you'd be using Dwolla and/or LR.

[saykor]

is there any reason it couldn't be automatic?

YES. Hakers will use your automated system to steal your money.

[Meni Rosenfeld]

Oh, I get you. The way I was thinking was that only the BTC would be traded in real time, given the simplicity of it as already being an electronic currency.

Any 'payouts' into physical currencies (or bank transfers) would be done manually. The trading account however would have the amount liquidated until payout for use in more trades.

Makes perfect sense to me.