Post
Topic
Board Trading Discussion
Re: BTC/LTC/USD no-fee exchange!
by
johny1976
on 11/09/2013, 06:46:46 UTC
who wouldnt be interested? but personally I wouldnt use it until it had volume and I suspect many others wouldnt either so it would be very difficult to get going, but not impossible

Yes, and that's the main problem. If I find someone who can help me with this when launched,  I can start this project...

Do you have any initial investment or a substantial amount of free time? Developing this could be very time consuming, and it won't be profitable for a long time especially without fees so you'll need some way to support this until that time. Perhaps you could consider building it off of https://github.com/buttercoin/buttercoin in order to save yourself some of the work?

Thank you for posting, I know that script, but it's not PHP-based. I want purely PHP+MySQL script (on server side) and HTML/CSS/js on client side.
I can program this all by myself, but I agree it will be very time consuming, but I just want to help community to trading cryptos free.

Exchange that charges no fees and has no means of making money in their business model outside of 'donations' sounds like either a scam or destined to collapse and take all of the funds locked inside of the server with it (still a scam).

Well, it may looks that way.
But reason why am I doing this is that I'm speculating with shares & commodity exchanges all the life. I just wanted to do something similar with BTC/LTC/USD. But in this industry there is only one big exchange (BTC-e) with huge fees, and it's impossible to trade with this fees.

So I decided to start exchange with no-fees. Mainly because me, so I can trade cryptos on my own exchange with no-fees. But I need more than one people to start this. Wink