Complete Cryptocurrency Exchange Platform Ready for New Ownership
10k+ total hours of development. The cost of the software development hours alone far exceeds that of the asking price. All the hard work has been done for new ownership.
The cryptocurrency market has been in a cycle low for the past year, but recovery is occurring as evidenced by increased exchange volumes and interest. Well managed and well run cryptocurrency exchanges can be highly profitable. New ownership can immediately start operating a developed cryptocurrency exchange. Owners can choose to operate under the current exchange name or alternatively use the software and rebrand.
Exchange Assets include:• Exchange built in Node.js and hosted on Google Cloud with Kubernetes
• Plugin Design allows for easy addition of new coins
• Currently Supporting BTC (with lightning), LTC, IOTA, GXC, ETH, ERC20, GRIN, ZANO
• Custom Trading Engine using Redis for lightning-fast order placement and execution
• Advanced multi-lingual UI for Desktop/Mobile with great user feedback
• High Security, with balance update audits, Secure private key storage, cold wallets
• Website domain and all associated social media accounts
• 500+ registered users
• Fully registered in the US with FinCEN, KYC / AML policies in place
Detailed InformationEmployees: 5
Competition: Main competition are alternative niche cryptocurrency exchanges. Recent indicators suggest that Cryptocurrency is coming out of a long bear market and exchange volumes are starting to increase again.
Growth & Expansion: The relatively nascent cryptocurrency market provides ample opportunity for new ownership to create a strategic vision and notch out a market niche. Cryptocurrency exchanges, when operated and managed successfully, can be highly profitable. According to Bloomberg, in March of 2018, the top 10 cryptocurrency exchanges were making on average $3M of profit daily. Pros: Opportunity to establish a position in a new market with excellent future potential( Think internet companies in the 90's); Potential for high profitability. Cons: Volatile market cycles
Financing: Possibility of payment negotiation and equivalent Bitcoin payments accepted
Support & Training: For smooth transition to new ownership, our current developers are willing to accept paid consultancy contracts for continued development, support and training.
Reason for Selling: Founder commitment limitations
Asking Price:
$699,000 or equivalent crypto