Topic: How to make your own exchange within an hour - page 2. (Read 1954 times)

Our goal is to create a customisable backend that can be used for any purpose:

Trading, Bitcoin payments, money remittence, shopping, gambling - whatever you can imagine.

It is true that we start small though, but who of us did not have a humble start? even the Bitcoin itself

The current benefit would be mostly a better localisation, segmentation, and understanding of the local markets which our white-labels target.

Here is an example of a Turkish site based on our platform:
https://www.kriptoburosu.com/

Thank for your support.

I wasn't talking about the security of your exchange. I was talking about the security of an exchange based on your engine. If someone wants to introduce new futures, it has to know the inside-out of the code, because otherwise, it could introduce aditional security holes and most of the time this is exactly what will happend.

Althought, I agree that using an exact copycat of your exchange, it may be as secured as your own exchange.. but then what will be the point? Why someone would go to a copycat exchange and not on the original?

Anyway, I'm not condamning your initiative in anyway but in fact I encourage it, like any other initiative related to crypto development. I just want to point out some aspects that may not be so obvious from the start.

Good luck with your service.

This is an exchange based on our backend.
We have a bounty with a minimal reward of $1k US to anyone who will be able to compromise the security of our exchange (maximum of twice of the amount you can extract unlawfully).


Go for it!

I think that the title "How to make your own exchange within an hour" is an overstatement. An exchange made within an hour it should last... an hour. Maybe it has the functionality provided by OP, but some really big exchanges have been hacked (eg: BitStamp, Bitfinex, etc...) and they have entire teams of developers. To build an exchange is not an easy task and learning how to program takes years of learning and practice. There are no shortcuts.

Interesting I have bookmarked this thread I'd like to see members with experience in coding to try out your script, definitely many are going to use your script if a lot of people will give good testimonials about your script.

There is an underlying fiat support, you might want to PM us for further details in case you find a common ground for cooperation.

There is any way to implement local fiat money to BTC?

I tell this cause lots of publisher doesn't have coding language and most of popular website they owned it. having lots of publisher more chance of your system will be used and known in public. Of course you still focus on make transactions works its your job..else publisher will be useless also.

Hi sabx01!

I would like to start by saying that you are right, this would be easier.

But there are several things which you might have overlooked:

1. As a lean startup we focus on minimising our time to market, by focusing on the important stuff - Make transactions work, always!
2. We believe that to sell something you need to try it first... otherwise it might not work as well as it would.
3. We would like to to see that our partners are at least somehow competent and comfortable around basic code changes, or can get paid help if needed.
Treat it as test of minimal competence.

With all that said, the main consideration is indeed being lean, and keeping a short iteration length & minimal time to market, we will definitely improve as we grow.

Kind regards,
O.

Nexchange doesn't require an account for exchange (its okay) but why you don't create a section for publisher and create a front end script with admin panel so publisher can just easily insert their Referral code, additional rate, and withdrawal wallet by just filling up the text box. So they don't need to do 1 transactions on your system in able you to recognize them and get their withdrawal wallet and easier from them to track their earnings.

Guys, the only reason that we had negative feedback is that our previous campaign-manager left negative feedback to Yahoo as a personal vendetta, and the latter left us negative feedback in return.
Anyways, it's all sorted now, thanks for caring.

Is this a legit exchange? as the one who post this have a negative trust. Hard to believe with that

This is just a front-end script for hooking into your service which only does the top few coins... what about a way to add our own coins to the system?

Friend,  you have to see for your self before judging. Anyway this video is for tutorial, it is safe. Anyway the one you are saying is still up to you whether he offers you to download this or that still its up to you if you gonna follow him or her to the instruction. Its your negligence anyway.

This video is not a scam or way to scam you guys, it seems so good video to reach us something. The OP is and even the narrator knows what is his saying and he is a software engineer. Anyway I will try this one soon I got my laptop so I can easily use and process things.

Thanks for the video Oleg, it is extremely useful. Im saving this post for future reference.

I'd just also like to chime in and vouch for Nexchange, not just because i'm part of their signature campaign, but because i truly am impressed with the transparency and openness of the project. As a developer myself, I look at Nexchange and already see how much time, effort, and money they have put into this. I wish nothing but success for Nexchange. Solid project with real world use especially once more coins are added for exchanging.

#nexchange #legit

While what you say is at some degree true, it is not entirely accurate.
Pretty much every exchange out there ends up using a liquidity provider at different instances (even the market based ones!).
While a person can be a brilliant translator, marketer, community manager or content writer, he might not have the skills to spin up his own backend.
On the other hand, we cannot localize our solution in the perfect way for every segment or geographical TAM in a perfect, native-like way.
That's where our interests, and the the community members' interests, to operate their own exchange meet.

As per our accountability and reliability:
Our full names, pictures, professional and social profiles are published on the front page of our website.
I myself raised money from VC for previous ventures, and have over a decade of experience, all documented in my LinkedIn, with extraordinary recommendations from everyone I ever worked with.

To increase transparency and reliability, we have completely opened our API for anyone to use, and open-sourced our Frontend.
We are live-streaming our office every day, the entire day, as seen and elaborately explained on our blog post on Medium or Directly on our Youtube Channel's Livestream.

Our motivation and agenda are obvious:
To put an end to the despicable level of service this community gets from the market leaders,
and to establish our brand by positioning ourselves as a community-centric, fair, reliable, transparent and reasonably-priced exchange.


Venture Member Profiles as Seen on Our Front Page:
https://nexchange.io

My LinkedIn:
https://www.linkedin.com/in/oleg-belousov-b4112145/


API Docs:
docs.nexchange2.apiary.io/#

Open Source Client (Full Nexchange.io Website!)
https://github.com/onitsoft/nexchange-open-client-react

Youtube (Office Live Stream UK TIME 8:00-18:00!):
https://www.youtube.com/channel/UCBSnthgYD2TgdOiaSH-N0vA

Medium Blog:
https://medium.com/nexchange

Do not hesitate to contact us via live chat at https://nexchange.io or directly via email mailto:[email protected]
in case you require any help with your implementation.

Kind regards,
O.

I am not sure what you mean by that, can you please clarify?
Does that mean that if a person knows how to write JavaScript he can operate his own exchange using our software?

This would be correct,
Thank you for you support.
Please do not hesitate to approach us with any questions.

Thank you for your feedback, your are indeed right.
Right now the CryptoNote Protocol is indeed a priority (ByteCoin, Monero).

Please contact us if you have any additional questions.

Regards,
O.