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Topic: crypto.pm | an upcoming cryptocurrency exchange - page 5. (Read 12698 times)

hero member
Activity: 488
Merit: 500
Sounds interesting! Do you consider SEPA funding four us european folks?
member
Activity: 89
Merit: 10
People watching this thread might be interested to know that we are currently in talks with the FCA (successor to the FSA) with the goal of becoming authorized and are also currently working with a legal firm in order to ensure full KYC compliance in order to achieve maximum stability of the business.
member
Activity: 89
Merit: 10
If you're interested in testing this platform (test mode uses no actual currency), please drop an email to [email protected] and we'll get you an account provisioned!
member
Activity: 89
Merit: 10
Whilst we have yet to even begin drumming up interest in our upcoming platform (or even make the launch page public), I've decided to post some information about it here in order to celebrate the fact that we've finally settled on a name (of which a domain was actually available). We highly doubt that we will be launching to the general public before at least six months from today, due to the legal groundwork involved - and also due to the fact that we also have no intention of releasing a faulty product.

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[ About ]

crypto.pm is an advanced cryptocurrency exchange featuring state of the art security and performance enhancements. Our goal is to provide a trading platform that offers 100% highly performant uptime, whilst providing the highest level of resilience and security available.

We treat every single bit of information that we store as if it was our own credit card number. With hashing and encryption taken to a level that some might find overkill, we ensure that the security of your data is absolute. Beyond this, to ensure performance - we have built a highly redundant self scaling architecture that grows as traffic levels rise.

Sadly, we won't be ready to launch to the general public for quite a while. After all, we want to do this properly and ensure that we release a resilient platform that will be used for many years to come (and let's not forget all the legal paperwork that we need to deal with). In the interim, what we mostly need are ideas. Whilst donations are always appreciated, we are far more interested in what we can get out of your brain. So, if you have any suggestions for us - then please, let us know.

Now, for the interesting part. Our fee structure. To be blunt, we are not looking to make a profit with this exchange, as long as costs are covered and we can ensure that there is a healthy safety buffer - then we're happy. As a result, we have a flat fee of 0.18% across the board. There are no volume discounts, and we're pretty sure that despite that, we will have the lowest trading fees on the market.

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[ FAQ ]

Currencies
At launch, we will be supporting the following currencies.

AUD, CAD, EUR, GBP, USD

Fees
0.18% (flat rate)

* additional fees charged by payment processors may be incurred.

Security
We take security very seriously. Each and every bit of information that we store (and we try to make it as minimal as possible) is treated as if it were the credit card number of a staff member. Numerous forms of encryption and hashing are used in order to ensure data security and core system access is multi-factored and highly limited.

Beyond this, we highly recommend that you withdraw any large amounts of BTC held in your account following a trade to cold storage unless you intend to use them in the near future. Support for automated transfers if no account activity has happened within days is provided for people wishing to take advantage of this feature.

Verification
People trading over a certain level of currency will be required to verify their identity. This is a regulatory requirement and if we chose to ignore it, we could not offer this service and would possibly enjoy some prison time for facilitating money laundering.

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[ Technology ]

Client Side
html
javascript
websockets

Server Side
aggressive caching
clustered architecture
geodns balancing
mongodb
node.js
postgresql
redis
websockets

Development Side
caffeine
snacks

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[ Contact ]

Have any questions? Interested in potentially joining this venture? Get in touch.

Email
[email protected]

Telephone
Available on request (to prevent mass spamming).
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