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Topic: OpenCEX, a Free Open-Source Crypto Exchange Engine - page 2. (Read 476 times)

copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Thanks for the response.

Might I suggest that this Announcement is best suitable for Service Announcements board?

However, that's for you to decide.
copper member
Activity: 28
Merit: 13
Hello, future crypto exchange owners!

💹 We’d like to share a video overview of a demo exchange running on OpenCEX, our free open-source engine. Take a look at how well it works:




💡 And then try it live: https://a.65.109.204.172.sslip.io/

🖥️ After that, you may want to deploy OpenCEX immediately on your server. Then watch how to do it:


copper member
Activity: 28
Merit: 13
I do not think most big investors or bag holders will risk the use of the forum because they want something cheap, aside from the fact that online security for exchanges is too costly to be rendered free or cheap. Additionally, I don't think it gives users custodial rights to their coins, which is a very dangerous offer. If you are truly interested in making such a public offering, then provide a decentralised exchange, give users custody of their coins, and request transaction fees, anything free here is suspect
We want the code to be public. Going forward, we’ll have it independently audited and keep it secure.
We believe that openness and transparency of the code is the best way to keep it good.

I'm gonna compete with Binance and Coinbase with OpenCEX? This is huge and the design is very human, lol. Well, take this as a criticism but ideas like this will surely not thrive considering it takes a lot more than just creating it from scratch with you alone. Yes possibilities are endless but it's difficult to position yourself in this industry unless you really made some revolutionary feature and consider it decentralized, the CEX has a different distinction here lad.
OK, we’re open to accept criticism.
Of course, you won’t be able to make a world-class exchange with our free open-source engine and become a competitor to Binance. But you can create a local niche exchange.
copper member
Activity: 28
Merit: 13
What do you mean by "With Opencex you can create your crypto exchange" for free? I'm not sure if I understand correctly, but do you want to convey to us here in the forum that any community here on the forum platform can have their crypto exchange in this industry?

       Because most people know that when you build your exchange, you must have a large capital for it, and you must also have a team, and so on, then from what you are saying, it seems like it is easy to have your exchange.
What we mean is that most solutions are paid: someone who wants to build an exchange has to either buy a white label or order custom development. All of this costs a lot of money. But our crypto exchange engine is free.
Of course, then the owner/company will manage the exchange with the help of their team, which involves costs. But this doesn’t apply to the initial cost of developing the exchange as an online platform.

What's the catch?

You surely wouldn't spend your time and resources creating such a good platform only for you to provide it for people to use for free. Would you?
There's something we probably don't know about.

How are you going to get funds to keep the project running? Donations from well-wishers?
We believe that by developing as an open-source product we can achieve much more. We want to make OpenCEX an industry standard, just like Wordpress has become for building websites. There are many examples of large-cap opens-source companies, and this is our way.
We want to give the crypto community an easy and simple solution, and then make money on complex implementations for institutional players (banks, brokerage firms, etc.).
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
I'm gonna compete with Binance and Coinbase with OpenCEX? This is huge and the design is very human, lol. Well, take this as a criticism but ideas like this will surely not thrive considering it takes a lot more than just creating it from scratch with you alone. Yes possibilities are endless but it's difficult to position yourself in this industry unless you really made some revolutionary feature and consider it decentralized, the CEX has a different distinction here lad.
hero member
Activity: 2464
Merit: 519
I do not think most big investors or bag holders will risk the use of the forum because they want something cheap, aside from the fact that online security for exchanges is too costly to be rendered free or cheap. Additionally, I don't think it gives users custodial rights to their coins, which is a very dangerous offer. If you are truly interested in making such a public offering, then provide a decentralised exchange, give users custody of their coins, and request transaction fees, anything free here is suspect
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
With OpenCEX you can create your own crypto exchange for free and start your cryptocurrency business. 🪙[/size]

What's the catch?

You surely wouldn't spend your time and resources creating such a good platform only for you to provide it for people to use for free. Would you?
There's something we probably don't know about.

How are you going to get funds to keep the project running? Donations from well-wishers?

sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
What do you mean by "With Opencex you can create your crypto exchange" for free? I'm not sure if I understand correctly, but do you want to convey to us here in the forum that any community here on the forum platform can have their crypto exchange in this industry?

       Because most people know that when you build your exchange, you must have a large capital for it, and you must also have a team, and so on, then from what you are saying, it seems like it is easy to have your exchange.
copper member
Activity: 28
Merit: 13
Greetings, friends!

We’re pleased to present you the first public release of OpenCEX! 🚀
We’ve been working on our open-source engine for a long time and hope that you’ll like it. 💝
With OpenCEX you can create your own crypto exchange for free and start your cryptocurrency business. 🪙




OpenCEX features:

  • 🔷 Simple interface for instant swaps and advanced exchange interface for professional trading.
  • 🔷 Quick deployment of an exchange from scratch.
  • 🔷 Flexible settings in different sections.
  • 🔷 Large amount of various data for detailed analysis.
  • 🔷 Support for high-load projects.

💱 Try the live demo: https://a.65.109.204.172.sslip.io/

📂 Check out the source code: https://github.com/Polygant/OpenCEX

📒 Read the documentation: https://polygant.notion.site/OpenCEX-Help-Center-8cf8c842bde947c3818a615a88ceef9c
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