For what it's worth... in U.S. there are 50 states, and 45+ of them have different licensing laws averaging 5-10k USD per license. Then, on top of that you have FinCEN that regulates ALL transactions over 10,000 USD. I'm sure this is why a lot of gambling sites ban United States people.
If you exclude the U.S. you're probably much better off. Otherwise, you're in the hole a few hundred thousand just paying for the legality of "operating" with individuals of each state.
I'm not a lawyer. I'm American and have looked into it quite a bit though to be on the safe side.
"land of the free" my ass
Good luck
Topic: I'm starting my own BTC exchange, need coders!! (Read 566 times)
Hi
In Chile we don't really have a way to easily buy and sell Bitcoins at decent spreads.
If you have Chilean pesos and want BTC all you can do is international wires (which costs a LOT in Chile) or search for a one to one private exchange trough Localbitcoins.
So, I want to start a professional exchange that: rely on a liquid, bigger exchange for transactions (trough API), with cold storage, double authentication, physical backups, DDos protection, all the amenities... you get the point.
I will not be the coder of the site, so, I need some with provable experience to help me setting up the site (or at least part of it).
Your language can be either English or Spanish as well (Italian is welcome too) and you don't need to live in Chile.
IF you fit to the task, you can get cash payments, a share in the exchange or a combination of the two.
PM me coders! :-)
Bruno
In Chile we don't really have a way to easily buy and sell Bitcoins at decent spreads.
If you have Chilean pesos and want BTC all you can do is international wires (which costs a LOT in Chile) or search for a one to one private exchange trough Localbitcoins.
So, I want to start a professional exchange that: rely on a liquid, bigger exchange for transactions (trough API), with cold storage, double authentication, physical backups, DDos protection, all the amenities... you get the point.
I will not be the coder of the site, so, I need some with provable experience to help me setting up the site (or at least part of it).
Your language can be either English or Spanish as well (Italian is welcome too) and you don't need to live in Chile.
IF you fit to the task, you can get cash payments, a share in the exchange or a combination of the two.
PM me coders! :-)
Bruno
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