Quote from: exbet.io on April 27, 2020, 06:36:20 PM

Quote from: elabor77 on April 25, 2020, 12:39:20 PM

If you want to have more chances of success as an exchange it is to cover the 2 markets (cryptocoin & fiat).
I recommend having accounts in BTC & USDT

Hi elabor77

Sure, we agree that offering both fiat and crypto support allows a betting exchange to appeal to the widest possible audience.

But the key challenge for a betting exchange here is to do this in a way that doesn't dilute liquiidty.

For example, consider the 1x2 market for Barcelona vs Real Madrid on a betting exchange - would you have two 1x2 markets for that match - one denominated in BTC and one in USD? Then you are splitting the money into smaller, non-connected pools, and making it harder again to build liquidity (which is hard enough anyway!).

There are various ways to cross-match between those two example 1x2 markets, or even to have one market denominated in USD with a fixed BTC-USD rate for the duration of the market.

Here at Exbet we're thinking hard on these challenges, because we agree with your basic statement - offering both fiat and crypto support gives users the most choice and the best product, if done right.

Hi exbet.io
an optimal solution covering the 2 fiat & crypto markets, could be having accounts in stablecoin (for example USDT)