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Author Topic: Can I start my own no-KYC exchange?  (Read 77 times)
Country_Outlaw (OP)
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March 29, 2026, 10:01:37 PM
Last edit: Today at 11:51:32 AM by Country_Outlaw
 #1

I'm considering starting my own instant exchange that won't require KYC.  I'm no developer, and honestly I don't even know where to start.  I have a couple of no bitcoin that I'd be willing to use to provide liquidity at first expose at this time, but I'm not sure that's necessary if I use a trusted back-end liquidity provider.

I can pay someone for consultation, front end development, and of course I'd be willing to use a forum-trusted escrow to ensure both parties are protected.  Although, this isn't a service request.  I'm just exploring the possibility for the time being, but I would be willing to hear from the community if you have any recommended developers who could help me with more understanding about where to start.

I do want to preface this by mentioning that my country doesn't look fondly at KYC-Free crypto exchanges, so I would need to find a domain name registrar and hosting provider that accepts bitcoin payments and doesn't require personal information.  Recommendations for such a service would be helpful also.

Thanks for your time, and Mods, I'm sorry if this is in the wrong section.
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March 29, 2026, 10:31:50 PM
Merited by hugeblack (6)
 #2

First thing you should do is sign a message from a wallet holding at least 2btc so we know you are serious.

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.WHERE EVERYTHING IS A MARKET..
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Will Bitcoin hit $200,000
before January 1st 2027?

    No @1.15         Yes @6.00    
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Country_Outlaw (OP)
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March 29, 2026, 10:36:17 PM
 #3

I would really prefer not to.  The coins are spread out in multiple addresses, and I'd rather not expose any of them for my own privacy.

As I said, this is not an offer or request for services.  I am serious about having the discussion, and I don't think I need to expose my funds just to talk about the possibility or feasibility.
Vod
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Today at 02:08:41 AM
 #4

I would really prefer not to.  The coins are spread out in multiple addresses, and I'd rather not expose any of them for my own privacy.

So just sign one address containing the majority of funds.   What privacy exposure are you talking about?

As I said, this is not an offer or request for services.  I am serious about having the discussion, and I don't think I need to expose my funds just to talk about the possibility or feasibility.

We get these threads on a regular basis - you have no funds and no skills - what do you bring to the table?

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.Duelbits PREDICT..
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.
.WHERE EVERYTHING IS A MARKET..
█████
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██







██
██
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Will Bitcoin hit $200,000
before January 1st 2027?

    No @1.15         Yes @6.00    
█████
██
██







██
██
██████

  CHECK MORE > 
electronicash
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Today at 03:02:02 AM
 #5


you are no developer which it would be harder for you to check the code yourself. you can't just the people you hire for this project. but maybe if you have a tight relationship to the code you have. somehow this will be a good opportunity if you can really fund it and just like what Vod said, a sign message for you to be taken seriously.  Grin

there will be the need for no KYC exchanges these days. no one wants to submit documents to companies anymore especially because this market is being monitored already.

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Today at 09:23:42 AM
 #6

Can you sign a message from this address, at least to prove you're the account owner?

Code:
1EPe3abhTbtG2rFpm4QiXxsx8fD8MSJ332

Since you don't have any ideas, start as a liquidity provider for legitimate projects instead of building your own service.

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 CCECASH 
Country_Outlaw (OP)
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Today at 12:11:38 PM
 #7

you have no funds and no skills - what do you bring to the table?

I started off on the wrong foot with you.  I'm not here to argue, I'm here to learn.  So, yes, of course, you're right.  I have no funds, I have no skills, I bring nothing to the table.

Now that we have gotten that out of the way, can we please focus on the actual question?  What funding will I need, what skills should I learn, what must I bring to the table?

Thank you for staying on topic.

Can you sign a message from this address, at least to prove you're the account owner?

What?  Lol, sure, why not.

Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
Country_Outlaw
30 March 2026
https://bitcointalk.org/index.php?topic=5578749.0
-----BEGIN SIGNATURE-----
1EPe3abhTbtG2rFpm4QiXxsx8fD8MSJ332
IHRp6Ht71hQ+iLP3sXGsS0k0cX3hCjpdtZ9CZlVhncr2YCcRfTzhYEKzr4W3GcM+5X6rdImzVIT48xj3l+m1mQ0=
-----END BITCOIN SIGNED MESSAGE-----

Since you don't have any ideas, start as a liquidity provider for legitimate projects instead of building your own service.

Are you suggesting "investing" to provide liquidity to someone else's project?  That would require more trust, not only that the individual is honest, but that he's a capable business man.

I would rather build my own service.  If this isn't the place to learn how to do that, then please let me know where I can learn.  If this isn't the place to find trustworthy individuals to help me, then I guess I've been wasting everyone's time.
DireWolfM14
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Today at 04:35:40 PM
Merited by Vod (1)
 #8

This isn't my field of expertise, but it seems many of the new instant exchanges are using THORChain as the back-end and liquidity provider.  No need to use your own funds for liquidity if you don't want to.  But it's probably best to familiarize yourself in the configuration of the APIs needed for integration.  You shouldn't need to trust anyone if you're just paying someone to develop a good looking front end for your graphical interface.

The Thorchain site has plenty of documentation, probably the best place to start your education.

Best of luck.

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WannaParadise
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Today at 08:08:34 PM
 #9

I'm considering starting my own instant exchange that won't require KYC.  I'm no developer, and honestly I don't even know where to start.  I have a couple of no bitcoin that I'd be willing to use to provide liquidity at first expose at this time, but I'm not sure that's necessary if I use a trusted back-end liquidity provider.

I can pay someone for consultation, front end development, and of course I'd be willing to use a forum-trusted escrow to ensure both parties are protected.  Although, this isn't a service request.  I'm just exploring the possibility for the time being, but I would be willing to hear from the community if you have any recommended developers who could help me with more understanding about where to start.

I do want to preface this by mentioning that my country doesn't look fondly at KYC-Free crypto exchanges, so I would need to find a domain name registrar and hosting provider that accepts bitcoin payments and doesn't require personal information.  Recommendations for such a service would be helpful also.

Thanks for your time, and Mods, I'm sorry if this is in the wrong section.


I believe you should first assess the legal risks before embarking on this venture. i think, operating an exchange without KYC carries the risk of severe penalties the severing of banking relationships and transaction blocks depending on the regulations of the country you are in. i recommend that you do not invest until you have clarified whether you can bear this risk. From a technical perspective, setting up an ‘instant’ exchange requires two main components: a secure backend (order routing, liquidity provision, wallet management, cold and hot wallet segregation, risk controls) and a reliable frontend (user experience, speed, UX security).
This is how i see it an experienced team for development is essential... it is possible to provide liquidity primarily using your own BTC, but in my think, integrating with reliable third party liquidity providers is the best way to enhance scalability and operational ease. in a KYC-free model you must be careful when selecting payment providers and hosting or domain name services; i think anonymous registration and hosting solutions that accept BTC are limited and generally more expensive and service continuity and legal safeguards may be weak. When looking for developers and consultants work with professionals who request past references and agree to use escrow i believe this is the way to go because security and the sharing of legal liability are critical.
In conclusion, if you are prepared to accept the risks first seek legal advice then outsource the development of the technical architecture using a small MVP and proceed with testnets and security audits. i think a careful roadmap, rather than rushing, leads to successful outcomes...
I wish you every success Smiley
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Today at 08:41:09 PM
 #10

If this isn't the place to find trustworthy individuals to help me, then I guess I've been wasting everyone's time.

Trustworthy people want to work with trustworthy people, and you started out with dishonesty.  Kudos on not doubling down like many idiots, but it will take you some time to rebuild trust.   

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.
.Duelbits PREDICT..
█████████████████████████
█████████████████████████
███████████▀▀░░░░▀▀██████
██████████░░▄████▄░░████
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█████████████████████████
█████████████████████████
.
.WHERE EVERYTHING IS A MARKET..
█████
██
██







██
██
██████
Will Bitcoin hit $200,000
before January 1st 2027?

    No @1.15         Yes @6.00    
█████
██
██







██
██
██████

  CHECK MORE > 
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