Author

Topic: Apart from BTCPayServer (Read 33 times)

jr. member
Activity: 46
Merit: 3
December 18, 2023, 12:41:39 PM
#3
I was tinkering with BTCPayServer, even though I do like the idea but it doesn't satisfy my needs (Test building Bitcoin Exchange - for fun dw dw)

First of all, i have doubt BTCPayServer is suitable to manage cryptocurrency exchange. As stated on their docs[1], the common case for BTCPay is for mostly receiving Bitcoin.

What I am thinking is, manual check-outs and automatically sending coins to a hardware wallet, and send them back to the users upon their withdrawal requests?

I believe you'll need to use pull payment feature[2].

[1] https://docs.btcpayserver.org/UseCase/
[2] https://docs.btcpayserver.org/PullPayments/



Hey,

Much appreciated @ETFBitcoin
legendary
Activity: 2856
Merit: 7410
Crypto Swap Exchange
December 17, 2023, 05:29:25 AM
#2
I was tinkering with BTCPayServer, even though I do like the idea but it doesn't satisfy my needs (Test building Bitcoin Exchange - for fun dw dw)

First of all, i have doubt BTCPayServer is suitable to manage cryptocurrency exchange. As stated on their docs[1], the common case for BTCPay is for mostly receiving Bitcoin.

What I am thinking is, manual check-outs and automatically sending coins to a hardware wallet, and send them back to the users upon their withdrawal requests?

I believe you'll need to use pull payment feature[2].

[1] https://docs.btcpayserver.org/UseCase/
[2] https://docs.btcpayserver.org/PullPayments/
jr. member
Activity: 46
Merit: 3
December 16, 2023, 10:28:13 PM
#1
Hey,

I was tinkering with BTCPayServer, even though I do like the idea but it doesn't satisfy my needs (Test building Bitcoin Exchange - for fun dw dw), which lead me to deploy my own node and work on it, I am wondering on how to custody the coins for an example.
Lets say, user(A) deposits to the exchange, where should I keep the coins? In the server? Isn't it too risky?
What I am thinking is, manual check-outs and automatically sending coins to a hardware wallet, and send them back to the users upon their withdrawal requests?

Can someone please elaborate to me how should I do that, and what is the secure way to do so.
I tend to have a strong urge to use HD wallets since they are the safest (as believed by the majority).

Some guides/documentations/tutorials please?   Kiss
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