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Topic: How to make your own exchange within an hour - page 2. (Read 1929 times)

member
Activity: 184
Merit: 10
n.exchange
September 21, 2017, 03:08:18 PM
#30
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.

This is an exchange based on our backed.
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 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.


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 Smiley

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.

legendary
Activity: 1397
Merit: 1019
September 21, 2017, 05:22:32 AM
#29
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.

This is an exchange based on our backed.
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 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.
member
Activity: 184
Merit: 10
n.exchange
September 21, 2017, 05:03:26 AM
#28
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.

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!
legendary
Activity: 1397
Merit: 1019
September 20, 2017, 08:55:54 AM
#27
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.
sr. member
Activity: 2254
Merit: 258
September 20, 2017, 08:12:17 AM
#26
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.
member
Activity: 184
Merit: 10
n.exchange
September 20, 2017, 06:06:24 AM
#25
There is any way to implement local fiat money to BTC?

There is an underlying fiat support, you might want to PM us for further details in case you find a common ground for cooperation.
hero member
Activity: 672
Merit: 526
September 20, 2017, 01:23:52 AM
#24
There is any way to implement local fiat money to BTC?
sr. member
Activity: 630
Merit: 254
HiringPinas
September 19, 2017, 11:15:11 PM
#23
This video was made by a Sw. Engineer in our team.
It is simple, but has everything needed to get a site using our API in the air & running.

If any of you would like to meet us in person, we will have an Web-summit Alpha Arena Both in the upcoming Web-Summit.
We will be waiting for you.

https://www.youtube.com/watch?v=7ujmzb3HzCA

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.

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.

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.
member
Activity: 184
Merit: 10
n.exchange
September 19, 2017, 12:02:49 PM
#22
This video was made by a Sw. Engineer in our team.
It is simple, but has everything needed to get a site using our API in the air & running.

If any of you would like to meet us in person, we will have an Web-summit Alpha Arena Both in the upcoming Web-Summit.
We will be waiting for you.

https://www.youtube.com/watch?v=7ujmzb3HzCA

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.

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.
sr. member
Activity: 630
Merit: 254
HiringPinas
September 19, 2017, 05:43:08 AM
#21
This video was made by a Sw. Engineer in our team.
It is simple, but has everything needed to get a site using our API in the air & running.

If any of you would like to meet us in person, we will have an Web-summit Alpha Arena Both in the upcoming Web-Summit.
We will be waiting for you.

https://www.youtube.com/watch?v=7ujmzb3HzCA

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.
member
Activity: 184
Merit: 10
n.exchange
September 19, 2017, 04:16:31 AM
#20
Is this a legit exchange? as the one who post this have a negative trust. Hard to believe with that

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.
full member
Activity: 140
Merit: 100
September 17, 2017, 01:24:58 PM
#19
Is this a legit exchange? as the one who post this have a negative trust. Hard to believe with that
full member
Activity: 241
Merit: 100
cryptocronic.com
September 17, 2017, 12:30:41 PM
#18
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?
hero member
Activity: 560
Merit: 500
September 17, 2017, 10:06:35 AM
#17
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.
sr. member
Activity: 2030
Merit: 356
September 17, 2017, 09:54:18 AM
#16
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.
sr. member
Activity: 784
Merit: 282
September 12, 2017, 07:32:17 PM
#15
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
member
Activity: 184
Merit: 10
n.exchange
September 12, 2017, 07:01:24 PM
#14
Well they are a team of reputed members who have built up a website to help people exchange cryptocurrencies
How do you know that? Have you seen them in person? Have you made use of their services? You have been part of their team? You're just saying that because you're enrolled in their campaign and that's really it.

Bottom line is that people shouldn't mess around with launching their own exchange within a certain period of time. Proper exchanges are written from scratch by stacked coders, and that's how it should be.

People with no coding skills, no financial resources, no real crypto knowledge, and the list goes on, should never operate an exchange with people's funds being at stake ~ there are too many of these 'exchanges' around already.
Agree with your thought, to launching your own exchange must have basic coding skills,financial resources and  real crypto knowledge.

OP if you and your team are talent you can connect me.

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
member
Activity: 184
Merit: 10
n.exchange
September 12, 2017, 06:46:59 PM
#13
I don't need to open and watch this video to understand that in some point is coming moment where you have to register or download something.. old school of malware implementing..

Be careful guys  Cool

No, nothing like that!

No downloads, 100% open-source, 100% anonymous, no registration whatsoever.

The length of the video is 12 minutes, give it a shot, maybe you will learn something new.

Regards,
O.

Many thanks
many ideas after video

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.
member
Activity: 184
Merit: 10
n.exchange
September 12, 2017, 11:57:51 AM
#12
I don't need to open and watch this video to understand that in some point is coming moment where you have to register or download something.. old school of malware implementing..

Be careful guys  Cool

No, nothing like that!

No downloads, 100% open-source, 100% anonymous, no registration whatsoever.

The length of the video is 12 minutes, give it a shot, maybe you will learn something new.

Regards,
O.

realy if youre script can create exchanger is free and open source

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.
member
Activity: 184
Merit: 10
n.exchange
September 12, 2017, 11:53:37 AM
#11
Great to see a tutorial about how to make a exchange using your API. However i like the fact that you are still on hold of the wallets, so no one will be able to use the code to scam people. However there are alot of cryptocurrencies, that have different JSON-RPC calls (at least cryptonote as far as i know), so im wondering if a support for example cryptonote currencies will be added on the future? Would be really cool to at least see Monero, Bytecoin and such added to the exchange, because so far there are only 4 of them. I just do not realise why the people who want to exchange would not just directly go to your site, instead of frontend clone site that uses your site.

I don't need to open and watch this video to understand that in some point is coming moment where you have to register or download something.. old school of malware implementing..

Be careful guys  Cool

Great, we have a signature campaign spammer here. You clearly have no idea what you are talking about, and are just doing this for spamming on your campaign. Thank you for contributing with nothing!

Ps. Please next time when you make a thread, make it self-moderated so you can delete comments of the spammers that are not contributing at all.

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.
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