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Author Topic: Develop an Exchange  (Read 1705 times)
swizzler (OP)
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March 22, 2011, 05:49:26 AM
 #1

Hello all,

Looking to develop an exchange in Canada. Can anybody point me in the right direction?

Any repository?
Legal?
Hosting?

Thanks!
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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genjix
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March 22, 2011, 06:17:10 AM
 #2

http://bitcointalk.org/index.php?topic=4576.0
mndrix
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March 22, 2011, 06:20:28 PM
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Bitcoin-Central.net is also open source: https://github.com/davout/bitcoin-central
swizzler (OP)
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March 22, 2011, 09:36:18 PM
 #4

Great.

Any recommendations for hosting? I don't want to mix it with my current provider in case issues arise.

This will be exchanging barter currencies for Bitcoin.
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March 22, 2011, 10:37:20 PM
 #5

Hello all,

Looking to develop an exchange in Canada. Can anybody point me in the right direction?

Any repository?
Legal?
Hosting?

Thanks!

I also live in Canada but unfortunately I haven't found any information on the legal requirements for registering as a currency exchanger. If you find any resources please post back, otherwise I would say the best place to call is Business Development Canada.
allinvain
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April 04, 2011, 02:22:11 PM
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I think it is perfectly legal to run a e-currency exchange business as Canada has a few of them already. They deal with mainstream e-currencies though but so far they've been running for years without the government shutting them down. Also take note that the payment processor AlertPay is Canadian based and I read somewhere that they never had to register with any government agencies or had the same stringent regulatory environment as in the States - ie PayPal.

swizzler (OP)
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May 04, 2011, 06:00:57 AM
 #7

Hello all,

I realize that I am too busy to set up my exchange.

Is there anyone out there willing to do this in exchange for credit from our bartering network?

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May 04, 2011, 06:30:26 AM
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A canadian exchange would work I think. canada ranks #1 for "bitcoin" search on google and we have 1/10th the population as the US at #2. Moving money over interac email xfer is a) unreversable b) anonymous in the sense you dont even have to declare what you are sending money for (until they raise their bushy bankers' eyebrows and start asking questions).

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May 04, 2011, 07:06:57 AM
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A canadian exchange would work I think. canada ranks #1 for "bitcoin" search on google and we have 1/10th the population as the US at #2. Moving money over interac email xfer is a) unreversable b) anonymous in the sense you dont even have to declare what you are sending money for (until they raise their bushy bankers' eyebrows and start asking questions).


Apparently that's not as good as we would like.

http://bitcointalk.org/index.php?topic=2594.msg35510#msg35510

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May 04, 2011, 07:29:00 AM
 #10

ohhh thats good to know. I guess it would be down to canadian po money orders then.

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May 04, 2011, 07:40:29 AM
 #11

Probably obvious, so sorry if you already did this, but have you taken a look at www.britcoin.co.uk.

So far as I know their code is open source, but either way you could talk to them.

Its a working exchange which I have used, and seems to be clear of a lot of the hassle others report with othe exchanges, although that is possibly down to the people running it or what  the the law here in the uk allows.

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