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Showing 20 of 48 results by Valera Vlasyuk
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Board Project Development
Merits 1 from 1 user
Re: How do I scale an exchange / trading engine wrote in C#? Threads/Race condtions
by
Valera Vlasyuk
on 02/02/2021, 01:14:47 UTC
⭐ Merited by Vod (1)
I think C# is a bad idea for the trading engine. Use GoLang or C/C++

I've coded an engine that can handle 12000/minute transactions. I've used winners of HFT contests algo.
Some ideas for you:
 - no floating points all unsigned int.
 - all data is stored in memory.
 - sent all data by blocks where possible
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Board Project Development
Re: We want to create a payment gateway with cryptocurrencies. Can you help us?
by
Valera Vlasyuk
on 02/02/2021, 01:10:31 UTC
I think we can do some sort of partnership with you. How can I contact you?
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Topic
Board Project Development
Re: operating three-year exchange is being sale,integrated on coinmarketcap and oth
by
Valera Vlasyuk
on 02/02/2021, 00:56:04 UTC
Hi,

just if someone wants to buy an exchange code instead of buying a running exchange. I want to sell a copy mine for 12x times less than the OP.
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Board Project Development
Merits 3 from 1 user
Re: How to advertise cryptocurrency exchange platform?
by
Valera Vlasyuk
on 02/02/2021, 00:54:14 UTC
⭐ Merited by malevolent (3)
It's really hard to advertise cryptocurrency exchange. If you do not have $200k to run marketing campaigns, it's not worth the time.
You need to invest money in marketing a lot. More than it takes to create an exchange. I've realized that coding exchange is way easier than market it Sad

I've spent more than 1.5 years developing mine but understood that I do not have enough money to run it (there is a post about my journey that I've started long time ago). So I'm trying now to sell a copy of its code instead of run it.
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Board Project Development
Re: Looking for interesting projects
by
Valera Vlasyuk
on 02/02/2021, 00:40:02 UTC
I have built a trading platform in GoLang and crypto wallet it can handle real 12 000 transactions per minute.

  I can sell you a copy if you are interested. Also, I've planned to make a white label Crypto Exchange service where anyone can run its own cryptocurrency exchange in less than a minute but do not have enough funds to do that.
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Topic
Board Project Development
Re: Seeking White Label Exchange Platform
by
Valera Vlasyuk
on 02/02/2021, 00:36:56 UTC
Since guys post here links to their sites. I have a journey here where I've posted my ideas about the trading platform and built my own trading platform and wallet service. I can create for you a white label service or sell a copy of my code.
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Topic
Board Trading Discussion
Re: ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀What do you think about the new exchange?
by
Valera Vlasyuk
on 24/06/2018, 21:41:08 UTC
The best exchanges will have a team profile with photos and videos. The ones that hide behind an avatar are either scams or will probably close down due to the increasing competition.

A new exchange needs to have a public person doing youtube interviews and tradeshow tours to prove their serious intentions

I've so many fake ICO with photos and videos that took money and do not do nothing.  Great idea about interviews, I was planning to make a meet-up or ... maybe conference in Berlin. What do you think? Will it give more trust? 
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Topic
Board Project Development
Re: We build 2nd biggest cryptocurrency exchange. Features and ideas.
by
Valera Vlasyuk
on 24/06/2018, 21:36:32 UTC
Great advices!!!

Would you handle multiple fiat currencies into this exchange?

I'll start from crypto currencies, because it's the easiest part and then get into fiat currencies. I'm doing research about Estonia company, they have two licenses that easy to get. But I didn't contact Estonia lawyers yet.

In this time there needs to be an easier way for the crypto/fiat transition in order for crypto to be seen as currency by the masses and not just a commodity that the establishment is touting it as.

This project would go far into the adoption of such if it focused on that as well. I know that you and your team are focusing on the exchange portion atm to get up and running, and I wish you luck with that. I would suggest that if you focus on the contactless payment options for multi-fiat exchange as well and not just on crypto exchange you would go far.

You must have enough money to connect crypto and fiat worlds. I can't run contactless payments without fast exchange to fiat. So the first step is to make exchange, gain trust and get enough trading volume. Then i'll be able to build and promote fast payment with cryptocurrency. So right now my main focus is exchange and after that wallets and FAST contactless payments (no one wants to wait 10 mins untill BTC transaction complete).

Another observation would be to attempt divorcing some of the more older/stable ALTS from BTC to stand on their own. That has been something lacking in the space as well. I also believe that would help advance the idea of crypto as currency in its own right. I look forward to your project and to see where it goes. If you have any questions in particular PM me.

I still can't PM. I'm newbie on this forum. Can you post here list of old/stable ALTS that on your opinion should be 'divorced' from BTC?
Post
Topic
Board Trading Discussion
Re: ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀What do you think about the new exchange?
by
Valera Vlasyuk
on 24/06/2018, 20:49:07 UTC
Yohodl.com, great questions!
I'm building exchange too and what i've figured out is that:
 - there is a lot of hype around exchange performance. But no one understands what millions of transactions per second means and how many transaction could be made in real life exchange per second.
 - people do not not believe that exchange without FEES could be profitable and people do not trust exchanges without fees!
 - security is very important thing and it's very important how you'll show your ability to protect exchange assets from hacker attacks
 - people behind exchange the #3 factor.

oh and don't forget about marketing. Posting here is only one small little part of the hard marketing work.

Am I right?  Or i've forgot something?

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Topic
Board Project Development
Re: We build 2nd biggest cryptocurrency exchange. Features and ideas.
by
Valera Vlasyuk
on 24/06/2018, 13:38:38 UTC
Idea is good.
Why do you mix wallet and trading?
I think is two different things.
I think better decentral exchange nowadays.

It was my first idea, right now i've decided to focus only on exchange.
Post
Topic
Board Trading Discussion
Re: Is there any crypto exchange platforms without fees?
by
Valera Vlasyuk
on 24/06/2018, 13:29:35 UTC
How do you expect such exchange to be maintained, pay taxes and survive? Through donations? I wouldn't advice anyone to depend on businesses that claim to offer free services but with no source of income.

There is a lot hype around exchange expenses. Servers are cheap. Huge exchange can easily operated by 20 people max!
And you forget about extra services.

For example pay for priority of order matching. Most of exchanges use price-time model. As extra service instead of "price-time" model use "price-transaction fee - time" matching model. So first will be matched the same price orders with the highest fee and than only orders with zero fee.

Taxes depends on country the exchange is registered at. For example Estonia or Cayman Islands. So free exchange with extra services could be very profitable.
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Topic
Board Project Development
Re: We build 2nd biggest cryptocurrency exchange. Features and ideas.
by
Valera Vlasyuk
on 24/06/2018, 13:16:19 UTC
Just read trough entire thread. As a developer myself I can tell this was one of the best threads (well most fun for me at least...) I saw in quite some time. Really good job making all this information open for everyone that might need it in the future.

I'll share parts of the code. Maybe it will be helpful to someone too.

Anyways not sure what your current application structure is, but I'm a big fan of Go and NodeJS. Try the microservices approach, it will be worth it long term, trust me.

This is exactly what I do. Each part of the system is microservice.


Keep up the good work !

Thank you!
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Topic
Board Trading Discussion
Re: Is there any crypto exchange platforms without fees?
by
Valera Vlasyuk
on 23/06/2018, 19:13:24 UTC
What if instead of building free exchange share 50-80% of trading revenue with "community" who owns the tokens like Fcoin, KuCoin does?
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Topic
Board Project Development
Re: We build 2nd biggest cryptocurrency exchange. Features and ideas.
by
Valera Vlasyuk
on 23/06/2018, 19:05:59 UTC
Have you seen Fcoin token?

I like the idea of sharing fee between community. So sharing 80% of all transaction fee revenue with community looks good idea for me.

+ transparent wallets of exchange

What do you think?
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Topic
Board Altcoin Discussion
What altcoin has the biggest growth potential?
by
Valera Vlasyuk
on 15/06/2018, 21:08:30 UTC
What altcoin has the biggest growth potential?

Who has good marketing campaigns, interesting mining model and etc....

Maybe you can suggest to look at some altcoints that are going to launch soon?
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Topic
Board Project Development
Re: We build 2nd biggest cryptocurrency exchange. Features and ideas.
by
Valera Vlasyuk
on 15/06/2018, 20:54:09 UTC
thank you! I'm slowly but moving to the first public release Wink
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Topic
Board Project Development
Re: We build 2nd biggest cryptocurrency exchange. Features and ideas.
by
Valera Vlasyuk
on 15/06/2018, 05:50:32 UTC
I've written in golang simple bots that do requests and installed them at DigitalOcean instances.
Post
Topic
Board Altcoin Discussion
Other places and FB groups with bounty tasks
by
Valera Vlasyuk
on 14/06/2018, 19:58:55 UTC
Hi, All.

I'm doing small research about places with bounty tasks.

Is there any other places except bitcointalk to find bounty tasks Websites/FB groups/Twitter/ Slack or Telegram channels?
Post
Topic
Board Currency exchange
Re: CRYPTOCURRENCY EXCHANGE - VERY LOW FEES
by
Valera Vlasyuk
on 14/06/2018, 19:44:36 UTC
Just visited the site and it looks like scam but:
 
- 4 letter domain may cost a lot of money now... (that was registered in 2001 year)
- They have 5 day activity in Linkedin https://www.linkedin.com/company/hbus/
- .... and when you try to Google you find lots of news about HBUS and Huobi in US.

So maybe they are just in the beginning of marketing the project Smiley

Good luck with your project!

PS.: I need to hurry up with my currency exchange project otherwise there will be no space for it on the market Smiley))
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Topic
Board Project Development
Re: We build 2nd biggest cryptocurrency exchange. Features and ideas.
by
Valera Vlasyuk
on 14/06/2018, 19:30:14 UTC
How do you test your engine/exchange?


I wrote unit tests. Or you mean orders per second tests?


BTW: About JS charts i've moved to techan JS charts (based on D3 js) instead of highcharts.

Marketing ideas:

- I've asked at bitcointalk questions about contests and no fee exchange. I've got a negative feedback about no fee exchange so I'd better start from small fees. The most interesting thing is that people do not trust free exchanges.

- The only idea is an invitation. I'm going to ask about this idea at the forum. At the beginning users will be able to register only by invitations. For every invited person they will receive 40% from trading fee of the invited person.

- Ambassadors. I've seen at the Binance Angel program https://support.binance.com/hc/en-us/articles/115000483751--Calling-for-Binance-Angels. I want to do something similar. Ambassadors will help us in different public communities, provide the feedback about existing and new feature ideas, help to organize meetups. In exchange they will get token rewards, be invited at private meetups, got special limited gifts and rewards, get special invitations to events which we will make, will get access to Ambassador and our team private area to discuss new features, meetups, marketing ideas and etc.


ICO ideas:

- Kodak One has interesting ICO model - they offer tokens only for accredited investors and did a hype around Kodak (and it looks like they are not a part of Kodak and use their brand as franchise)


Project status:

- I have made a  prototype with a matching engine, price/volume chart, order the history, buy/sell price levels and buy/sell orders
- things are left to do:

    - add/withdraw funds (BTC/ETH/USDT/....)
    - the user area
    - the user registration
    - the 100% unit test coverage
    - the Ambassador member area (or start from FB group?)