can i make an exchange but i dont have my own money on it?

[jaoki98]

I want to make a simple exchange/swap website like simpleswap where people can exchange crypto without any id or so.
Problem is that i dont have like 10k usd so if someon wants to exchange 10k usd in bitcoin for 10k usd in solana, it wont work.

A guy on fiverr said we could use some API and connect my website to some API on binance or something, and then the users on my website will exchange with the money on binance thru the API.

Is this possible?

[blockviz]

First of all - no offense - but it does not sound like you know what you are doing...
Exchanging money is a sensitive topic. If it fails and the money is gone, users will be angry. Rightfully so.
So getting it right is important. Having no skin in the game, is not trust-inspiring.
That being said, what you are looking for are market makers or liquidity providers. So if you can convince some that your platform is sound, they might give it a shot.
But then again it is a chicken and egg problem. Usually network effects are self-perpetuating. Why would someone put their capital on your platform instead of on UniSwap?
And the whole exchange idea: what is the point of some "simple exchange" website if it gets routed through a CEX like Binance anyway? Just go there directly, and have more trust and customer support in the first place.

[MarryWithBTC]

I want to make a simple exchange/swap website like simpleswap where people can exchange crypto without any id or so.
Problem is that i dont have like 10k usd so if someon wants to exchange 10k usd in bitcoin for 10k usd in solana, it wont work.

A guy on fiverr said we could use some API and connect my website to some API on binance or something, and then the users on my website will exchange with the money on binance thru the API.

Is this possible?

is liquidity a joke to you?

if you want that type of business, go build a mixer and become jambler partner. 
that is the trend.

[Yamane_Keto]

Yes, creating a website is easy, and connecting APIs is easy; securing that service is the difficult part.

It's best to hire someone to do it, and there are some open-source projects you can look at to see what they're doing: https://github.com/Polygant/OpenCEX

Liquidity and investment in promotion are the next obstacles after the exchange is established.

[jaoki98]

First of all - no offense - but it does not sound like you know what you are doing...
Exchanging money is a sensitive topic. If it fails and the money is gone, users will be angry. Rightfully so.
So getting it right is important. Having no skin in the game, is not trust-inspiring.
That being said, what you are looking for are market makers or liquidity providers. So if you can convince some that your platform is sound, they might give it a shot.
But then again it is a chicken and egg problem. Usually network effects are self-perpetuating. Why would someone put their capital on your platform instead of on UniSwap?
And the whole exchange idea: what is the point of some "simple exchange" website if it gets routed through a CEX like Binance anyway? Just go there directly, and have more trust and customer support in the first place.

Yeah, why would someone use for example simpleswap instead of binance?
As i allready said, you need to verify with id on sites like binance, not everyone wants to do that.