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George_Billion
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November 25, 2019, 12:12:17 PM
 #1

Do you think it's worth investing in cryptocurrency? Namely, I want to make the cryptocurrency exchange online service very high quality.
What can you advise?
What do you think is the most important thing in an online cryptocurrency exchange service?
I want to implement the highest quality service.
How can I get customer confidence?
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bitmover
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November 25, 2019, 05:26:14 PM
 #2

Do not require any kyc , like binance does (only for daily withdrawal higher than 2 btc)
Never freeze user funds
Try to list good coins.

You can make a campaign here in bitcointalk to advertise your new exchange. If you pay with Bitcoin, much better.

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November 25, 2019, 07:43:40 PM
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 #3

Just by looking at the questions you have and how you deliver it I can quickly assume that you are a one man team and you have nobody else helping you. If we are talking about a " high quality" exchange then we are talking about company operated exchanges like Binance or UpBit these exchanges are run by companies with thousands of employees and they make sure that they have the best thing to offer for their users. If you want to battle them out and grab a piece of their market share I believe that you can't do it on your own and you need to have a team under you where you can battle them out by having a better service or rates for you to attract their users towards your platform. Other than a good UI, good rates you also need to have your exchange to be reliable meaning you won't have any down times happening 24/7.

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November 25, 2019, 08:18:30 PM
 #4

Do you think it's worth investing in cryptocurrency?

You are on right place. Most here have some crypto investments.

What do you think is the most important thing in an online cryptocurrency exchange service?
I want to implement the highest quality service.
How can I get customer confidence?

Users fund must be safe. almost all exchange has been hacked and in some cases, his customers ran out of money.
Withdrawal must be easy and cheap. Not possible to withdraw must not happen.
as in any business, you have to do business fairly, no one will entrust his money if there is any doubt that they will be scammed.

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November 25, 2019, 09:05:12 PM
 #5

All the above users have said almost everything I have in mind but I will add some few words.
 You need to make your exchange site easy to use, secure users fund or create an exchange where user are the bolder of their private keys, have mature customer support 24/7, make your trading fee cheap and dont use min withdrawal fee of 0.0005BTC (I hate exchange site that does it)  let mempool status determine withdrawal fee.

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November 26, 2019, 02:06:14 PM
 #6

Why don't you set up a lightning exchange platform? Exchange platform using the lightning network with less than $ 100 value.
You can set a minimum acceptance of payments, an exchange between BTC/altcoins, and the possibility of withdrawing deposits at any time.
I believe that using the lightning network will bring you publicity, and you can gain trust by putting 1 BTC as a guarantee from a trusted person.
Trading fees will be Satoshis, and you can also add some games that make you win some Satoshis.

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November 27, 2019, 03:14:58 AM
 #7

Do you think it's worth investing in cryptocurrency? Namely, I want to make the cryptocurrency exchange online service very high quality.
What can you advise?
What do you think is the most important thing in an online cryptocurrency exchange service?
I want to implement the highest quality service.
How can I get customer confidence?

It's hard to start a new crypto currency exchange right now since as of now there is estimated 504 exchange has been existing right now here read this https://www.cryptimi.com/guides/how-many-cryptocurrency-exchanges-are-there and also you should read the pros and cons before putting your investment on that selection also here is an article about it  https://born2invest.com/articles/the-pros-and-cons-of-creating-new-cryptocurrency/


 
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November 27, 2019, 07:05:06 AM
 #8

Do you think it's worth investing in cryptocurrency?
We would not be here in this forum if we thought the opposite. If you are looking for an unbiased answer to this question then you should ask somewhere else. Here more than 90% will answer yes because of what I said.

Quote
Namely, I want to make the cryptocurrency exchange online service very high quality.
Sure very high quality. But do you have anything special in mind that other exchanges do not offer that makes you unique?

Quote
What can you advise?
Get a development team but have something unique to develop on. You wont get any good ideas by asking in a forum. Ideas are "sold", not shared.

Quote
What do you think is the most important thing in an online cryptocurrency exchange service?
Several things are important, but I would say having a good support team and least delays in depositing and withdrawal is what attracts people. Again this is a personal choice. The reason why the recent exchanges went bankrupt at one time is that they failed to gather a business big enough to pay their employees and keep up with the market.

Quote
I want to implement the highest quality service.
Everybody wants that. Do you have a working product already? Or are you looking for a team to develop one?

Quote
How can I get customer confidence?
Confidence is earned by giving sincere service. It wont come overnight.

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November 27, 2019, 07:36:26 AM
 #9

Do you think it's worth investing in cryptocurrency? Namely, I want to make the cryptocurrency exchange online service very high quality.
What can you advise?
What do you think is the most important thing in an online cryptocurrency exchange service?
I want to implement the highest quality service.
How can I get customer confidence?

It's worth investing investing in the right coin, but not all the coin in the market, if you want to create an exchange, you should check the competition first, because some of your would be competitor, are more like a big corporation with huge funds and a lot of resources.
But if you are that serious security is one of the best feature that you should work on,

 
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November 27, 2019, 08:37:07 AM
 #10

Quote
Do you think it's worth investing in cryptocurrency?
Yes

Quote
What can you advise?
I dont really understand the type of advise you need but do what you have passion for.

Quote
What do you think is the most important thing in an online cryptocurrency exchange service?
Trust, safety and security of users funds.

Quote
I want to implement the highest quality service.
Just check those already existed exchanges and see how you can improve on their weakness.
 
Quote
How can I get customer confidence?
Register with appropriate financial body and do some PR.

 
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