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Topic
Board Project Development
Merits 1 from 1 user
Re: starting a bitcoin exchange
by
artkrasil
on 07/02/2018, 15:48:43 UTC
⭐ Merited by acarli (1)
Anyone who can help with good information on how to start a bitcoin/altcoin exchange.

biggest thing I would like to know is where to source for bitcoins, or is there a way we can be affiliates with bitcoin.org so when users on our platform buy bitcoins we are provided with bitcoins from any other source or bitcoin.org is this possible.

Thanks for your help.

Nice question. Its very complicated business.
Currently at the market there are more about 200 exchanges and only 10-15 with big amount of users and liquidity.
If you want to make your own exchange, you have a several options:
1) You can buy a white-label system with performance similar to cryptocurrency exchanges, that are in the second hundred of existing cryptocurrency exchanges. It will cost you thousands of dollars (except liquidity program).
2) You can hire developers, product architects and develop you own product. It will cost you millions od dollars. But it could be better if you find people who already made some exchanges.
Both options need a liquidity program. You have to pay to liquidity provider for crypto and fiat liquidity.
But prepare for a long and difficult work)