Web-app to exchange cryptocurrencies through social networks

[Andreas945]

Hi everyone

I am a young guy who has been following the Crypto World for two years now.

For a while I have been working on a Web-App (where you can save your public codes) and facilitate the exchange of Cryptocurrencies in social networks (Facebook, Instagram, Twitter ...).

The operation is quite simple and is inspired by a platform called Tellonym (as regards the structure).

The project is not yet online .. but now a doubt arises: Does something like this already exist?

Andreas945

[nykka]

Do you mean bot impemented in different social networks or what do you mean? And who are the potential users? Unfortunately, I don`t understand some details, hope you will explain it. THe only similar thing I have seen is exchange bots in Telegram

[Vod]

I am a young guy who has been following the Crypto World for two years now.
For a while I have been working on a Web-App (where you can save your public codes) and facilitate the exchange of Cryptocurrencies in social networks (Facebook, Instagram, Twitter ...).

The project is not yet online .. but now a doubt arises: Does something like this already exist?

Andreas945

Hello Andreas. 

Does your service rely on cooperation of these platforms in any way?   You'd be in competition with them, and short of an extension rewriting the HTML to add your functionality, your idea will probably not work.

[SFR10]

The operation is quite simple and is inspired by a platform called Tellonym (as regards the structure).

Up until now, I had no idea about that platform and by its look, we have to be friends with someone or rather follow them before we could ask them a question. Would your platform also require those steps, before we could do the cryptocurrency exchange with someone from outside of our circle?
^{- The reason behind my question is the fact that this might open the door to a whole lot of issues down the road...}
What are the measurements to protect both sides of the deal?

[Insanerman]

~

One thing you must remember is that Social Media and Exchange Platform do have different purpose and ways to show certain data that would befit on a good UI/UX. Exchanges that comes with the idea of going in 'social network' like structure is often just a P2P platform, whereas it is common in various trading platforms as one of their feature. YET, you can have these unique ideas that were somehow complicated;

• A twitter-like platform that doesn't use retweets/reacts but rather 'Accept (like accepting an offer)' and reply for a social interaction with regards to an offer.
• A twitter-like that doesn't really post tweets, but rather a post like "Swap 116680 for 1BTC (Current price: 116672.75XRP/BTC)"
  
• Categorize posts by offers of trading pairs
• KYC required of course -- as an assurance and validity of the user.

That's all I can suggest. Hope you could get an idea from those that I've mentioned. Goodluck!