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Showing 9 of 9 results by Notorius_BTC
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Topic
Board Service Announcements
Re: *** Advance.Fund **** [Official Thread]
by
Notorius_BTC
on 11/06/2018, 12:39:02 UTC
What is the minimum deposit?

Am I able to test you with 500 bucks?
Post
Topic
Board Project Development
Re: Open Source Bitcoin Exchange Project(update)
by
Notorius_BTC
on 27/03/2018, 09:19:45 UTC
Hi guys,

We're trying to run Peatio but faced with few issues related with deleted parts of repo.

Who have successful experience with latest version of an exchange, we'll be really appreciated if you help us to launch it.

Please contact me in PM.
Post
Topic
Board Altcoin Discussion
Topic OP
Altcoin processing services for business
by
Notorius_BTC
on 08/03/2018, 11:54:18 UTC
Hi fellas,

As own custom wallet development takes really lot of time,
I'm looking for an altcoin processing services for an exchange I'm launching soon (while we are building our own).

I already found such solution like BitGo and we are integrating them to our system.
They support dozens of altcoins but the list is not so long as I want.

Would be nice to gather here all companies which can provide with wallet (storage) support for exchanges and similar businesses.

BitGo currenly supports:
BTC, BCH, LTC, ETH, BTG, RMG, XRP, EOS, OMG, ZRX, FUN, GNT, REP, BAT, KNC, CVC, QRL, NMR, PAY, BRB
Post
Topic
Board Project Development
Re: Searching for Trading engine code for crypto exchange
by
Notorius_BTC
on 22/11/2017, 12:09:39 UTC
You could try with
https://bisq.network/

It's not exactly what I'm looking for.
I need a classic (centralized) solution.
Post
Topic
Board Project Development
Searching for Trading engine code for crypto exchange
by
Notorius_BTC
on 22/11/2017, 11:24:31 UTC
Hi there!

I decided to start a crypto exchange and am looking for the best trading engine to do that.
I am looking for a separate code which i can use and continue developing, but White-labels are also an option.

Can somebody suggest the best technology stack and options to find a trading engine?

Finders fee can be discussed.
Thanks in advance.
Post
Topic
Board Service Discussion
Re: How to provide liquidity for a new exchange?
by
Notorius_BTC
on 01/10/2017, 11:52:02 UTC
Although I don't have much idea about providing liquidity, I do have some ideas through which you could get new users at your website for beginning the trading.
  • 0% fee is quite obvious as a new exchange shouldn't charge its users at the beginning stage of its development
  • sign up bonus can be given to new users who register at your website and deposit an initial amount
  • investment scheme like yobit investbox could be added to your website so that people could invest in it (but make sure the initial investment is less as people would not want to make a huge investment in a new website)
  • Keep all your charges as low as possible as it will attract new users to your exchange
  • you can also try doing partnership with investors or other exchanges

Honestly I don't trust yobit Smiley
But agree with other points. Especially sign-up bonus. It has a bit complicated mechanic for an exchange so If you have examples of good realization send me the link please.
Post
Topic
Board Service Discussion
Re: How to provide liquidity for a new exchange?
by
Notorius_BTC
on 01/10/2017, 11:36:43 UTC
Hi folks,

I'm launching a new exchange and a bit stuck about providing liquidity.
I'm aware and understand technical details related with connection to a third party exchange order book.
But I want to minimise risks, losses and keep a storage in balance.

Could you suggest me links or explain how to built a proper spread and how to cover expected losses by arbitrage?


From my experience, the best ways are:

1. Obligatory: Having an API, for market makers.
2. Highly recommended: 0% or slightly negative fees for 3-6 months.
3. Highly recommended: Willing to accept not so popular coins, listed in just 1-2 exchanges.
4. Recommended: Signature campaign or other form of targeted crypto advertisement.

What experience do you have?

1. Yes, API is one of the most important things and one of the first feature we're going implement.
2. As for the fees I prefer the solution suggested above - negative for takers and positive for makers
3. I'm already working on the list of not popular but perspective coins. I'll be appreciated if you recommend few you are interested in
4. Also I'm planning to launch affiliate program for traders

Thank for your advices.
Post
Topic
Board Service Discussion
Re: How to provide liquidity for a new exchange?
by
Notorius_BTC
on 26/09/2017, 16:49:43 UTC
There are different possibilities.
Some exchanges try to catch traders with 0% trading fees in the first x months to get liquidity. I personally prefer this, but of course it can fail if your exchange is not attractive (in sense of usability and API).
Instead of 0%, you can also make 0.1% taker and -0.1% maker -> so maker will get money for providing liquidity.


"Hitbtc" has "maker contracts". I doubt anyone is market making at hitbtc, since the contract details are very hard, but the idea is still good:
https://hitbtc.com/mm

edit:
when reading your last sentence, it sounds very much like the exchange "quoine"... they also build their own "fake liquidity" with very stupid bots. I made ton of money by arbitrage with their stupid bots, but of course all trades were reverted, since they made a loss, since it was just their fake volume.
I hate this kind of liquidity and will not advise anyone to trade at such an exchange with fake liquidity.

Thanks. I'll check hitbtc.

I have few ideas how to keep new traders and makers on the exchange by giving them smaller fee or reward. However I need to provide initial liquidity and I'll do it via API bot. But simple copy/pasting of orderbook will entail losses on fees while I'll be trying to keep a storage in balance (I need to buy back BTC after I sold em on my exchange). So I guess I need to increase spread that I'll be able to make clearing through the parent exchange. Maybe someone already has an experience with such solution.
Post
Topic
Board Service Discussion
How to provide liquidity for a new exchange?
by
Notorius_BTC
on 25/09/2017, 18:50:52 UTC
Hi folks,

I'm launching a new exchange and a bit stuck about providing liquidity.
I'm aware and understand technical details related with connection to a third party exchange order book.
But I want to minimise risks, losses and keep a storage in balance.

Could you suggest me links or explain how to built a proper spread and how to cover expected losses by arbitrage?