My name is Oleg, I am from Israel originally, residing with my family in Lithuania now.
I am doing professional software development for living for 8 years now.
I was part of several Israeli ventures as
Tomigo.com and VitaPersonal (
https://play.google.com/store/apps/details?id=com.vitapersonal.proteins&hl=en).
I also spent some time working for
rocket-internet.com in Berlin as a Senior Software Engineer.
For the past year an a half,
Nexchange.io, right there below my family, was my entires life, day and night, and I appreciate the time you take to read into this post to all it's details.
My first encounter with Bitcoin was when my friend Boaz Bechar, who was back then the CEO of
blocktrail.com, which later merged into Bitmain and became
btc.com offered to pay me a some money
with Bitcoin instead of cash.
I was silly enough to decline and suggested PayPal instead, arguing that a whole Bitcoin is too much for what he owes me, and how can you possibly send a part of a coin, do you smash it and break it to pieces?!
That was somewhere in the beginning of the current decade.
Couple of years later, me a business associate of mine, recognised the high arbitrage opportunities in the global Bitcoin markets, and that's how Nexchange was born.
After understanding the principle and potential, I can genuinely and honestly say I was not as much excited about any technology in my left as much before in my life!
The first commits of the Nexchange service based backend (API), were made then out of modest AirBnb place in Florence, Tuscany, somewhere on late June last year.
Before I introduce you to our product, which is a pretty big deal for us, and took us through a miraculous time of sweat and hard work, and sometimes even tears,
I would like to write a sentence or 2 about what we stand for.
Nexchange is brought to you by crypto enthusiasts, for crypto enthusiasts.
Our five key principles are:
1. ZeroBalance - We will never take charge of your funds behalf of you without you explicitly asking us to do so, and even then we will educate every single user about security and the importance of an offline wallet.
An article about the importance of funds security was published by me earlier this year, and was selected for the keepingstock.net financial publication - https://medium.com/@IoOleg/your-bitcoins-might-be-at-risk-162ed1f1b725
2. Risk management - We will never take any position against our client, or in any way act in a way that can compromise the interests of our clients, the ZeroBalance described above is part of that philosophy.
3. Guaranteed execution - No trade will be rejected / refunded based on momentary market changes resulting in us not being able to capitalise on our customer's trade.
4. Full transparency - All of our platform's orders, transactions, real time and historic price data, as well as our financial reserves and addresses are fully available through out api, which is documented and tested by Apiary.io
http://docs.nexchange2.apiary.io
5. Open source - we believe in giving back to this great community, and that anybody that has sufficient knowledge and funds, can make his own exchange, based on our open source code, in conjunction with our API (or not).
We believe that this will enhance the diversity of the market an the distribution of Bitcoin and Altcoins, and will encourage competition, thus, enhancing the service every each and one of you receives.
Our ReactJS + Redux website (
nexchange.io) is fully open source and available via GitHub under Apache2 license.
https://github.com/onitsoft/nexchange-open-client-reactThis is just the start: our backend supports many more features which will be rollout gradually:
- Push notifications
- Referrals
- Limit orders (pre-funded, notification based)
- Auto executing orders (based on address)
- Fiat integration (for now only popular wallets that do not have anti-Bitcoin policies)
- Integrated multi SHA256, Scrypt, X11, X13, X15 mining pool
- Market based exchnage
- Market-traders would be able to enjoy part of the spread we charge on the instant option
- PaaS (platform as a service, also for market based exchanges)
- Microsoft Chatbot Framework client to enable trading by texting
- Many more coins - based on what you guys need!
- Whatever our users will tell us that is important for them, by words of tongue(email), but mostly with the clicks of their mice
Whichever features will rollout, and when, actually depends solely on your, so this is you choice vote with your feet.
We are committed to open source all of our frontend code, and some backend modules as we see fit.
Our goal is to become your one stop crypto shop, for all of your crypto-needs.
But to to do so, fairly, transparently, and with no greed.
Why should you use us?Throughout September we will be offering 0 (Zero) fee trading, basically our price is the same as Kraken or Poloniex, but we always respond to API requests and do not take custody of your funds.
We are more than open to partnership proposals and generally any idea for improving our services and making this community bigger, better, and safer.
Our service based backend is actually ready to serve any business clients (shifters or exchanges) already today, using simple, header-based authentication.
Check the specs here:
http://docs.nexchange2.apiary.ioAnd shoot us an email with with any question or clarification -
[email protected]My personal email is
[email protected]Thank you for your attention guys, and for having this forum as a stage for new ventures to reach out to the community.
P.S
This is my LinkedIn
https://www.linkedin.com/in/oleg-belousov-b4112145/However, all the credit should go to our amazing team which you can learn more about on our website
P.S 2
We are also on ProductHunt
https://www.producthunt.com/posts/nexchange