Exchange Aggregator - How does it work?

lopez cryptomania

jr. member

Activity: 112

Merit: 1

Quote from: sammyh on March 09, 2018, 01:10:47 PM

Been seeing a lot of whitepapers of new exchanges that claim they can aggregate order book from different exchanges to allow for best rate and coin options for investor. While the idea sounds great, I wonder how this will actually work?

Given most of all the exchanges are centralized, if a user from Exchange ABC would like to buy Bitcoin from Exchange XYZ, how can trade be handle seamlessly? Also, once trade is across different exchanges, how does one go about ensuring proper and valid completion of a trade?

Would love to hear any comments and thoughts

The question your asking is valid this ICO is doing exactly what you're speaking about trading across different exchanges via. arbitrage trading. I believe in the project as the CTO programmer has over 40+ years experience in financial exchanges.

https://bitcointalksearch.org/topic/m.31823480

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

This is a bit strange of an idea. Presumably, if there are four exchanges (for example) 10% of the main exchanges total assets could be stored on those other exchanges (with automated API scripts keeping everything at a constant rate).

However, I'd personally look at this with caution, they may just be a broker, however, they may also be a scammer who say after a few months (our API scripts lost the funds due to the automnous processes we use, we will be unable to pay you "sorry for any inconvenience this may cause").

sammyh

newbie

Activity: 22

Merit: 0

Been seeing a lot of whitepapers of new exchanges that claim they can aggregate order book from different exchanges to allow for best rate and coin options for investor. While the idea sounds great, I wonder how this will actually work?

Given most of all the exchanges are centralized, if a user from Exchange ABC would like to buy Bitcoin from Exchange XYZ, how can trade be handle seamlessly? Also, once trade is across different exchanges, how does one go about ensuring proper and valid completion of a trade?

Would love to hear any comments and thoughts

Topic: Exchange Aggregator - How does it work? (Read 168 times)