Exco.in - Innovative Cryptocurrency Exchange

Started by Excoin, January 01, 2015, 05:04:26 AM

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bitsharesfan

Why should I trade on your exchange instead of trading on other big cryptocurrency exchange?  ???

Gentso1

Quote from: Excoin on January 03, 2015, 01:56:36 PM
Quote from: Gentso1 on January 03, 2015, 01:51:06 PM
Quote from: Excoin on January 03, 2015, 01:03:01 PM
Interesting, thank you for the recommendation. We will look into that.

bitCNY,bitUSD actually isn't a bad idea. Allowing these to be traded against other cryptos would be unique and would give me a reason to trade their. It would also allow you to get into the fiat market in the short term.

If you are willing to do the above I think a delegate request is very reasonable.

We are already doing what you describe with NuBits and it is working very well. We are considering doing the same thing for bitCNY then expand from there.

Great news, I look forward to the pairings.

They fact that you didn't list Paycoin and provided a well thought out reason speaks volumes to the class of the team running your exchange 8)
[url="http://cryptosmith.info/index.php"]http://cryptosmith.info/index.php[/url] Gentso and Thom
[url="https://bitsharestalk.org/index.php?topic=13837.0"]https://bitsharestalk.org/index.php?topic=13837.0[/url]

Excoin

Quote from: Gentso1 on January 03, 2015, 01:51:06 PM
Quote from: Excoin on January 03, 2015, 01:03:01 PM
Interesting, thank you for the recommendation. We will look into that.

bitCNY,bitUSD actually isn't a bad idea. Allowing these to be traded against other cryptos would be unique and would give me a reason to trade their. It would also allow you to get into the fiat market in the short term.

If you are willing to do the above I think a delegate request is very reasonable.

We are already doing what you describe with NuBits and it is working very well. We are considering doing the same thing for bitCNY then expand from there.
[url="https://blackwavelabs.com"]https://blackwavelabs.com[/url] - Blackwave Labs Development Group
[url="https://exco.in"]https://exco.in[/url] - Innovative Cryptocurrency Exchange
Delegate Proposal: [url="https://bitsharestalk.org/index.php?topic=12907.0"]https://bitsharestalk.org/index.php?topic=12907.0[/url]

Gentso1

Quote from: Excoin on January 03, 2015, 01:03:01 PM
Interesting, thank you for the recommendation. We will look into that.

bitCNY,bitUSD actually isn't a bad idea. Allowing these to be traded against other cryptos would be unique and would give me a reason to trade their. It would also allow you to get into the fiat market in the short term.

If you are willing to do the above I think a delegate request is very reasonable.
[url="http://cryptosmith.info/index.php"]http://cryptosmith.info/index.php[/url] Gentso and Thom
[url="https://bitsharestalk.org/index.php?topic=13837.0"]https://bitsharestalk.org/index.php?topic=13837.0[/url]

Excoin

Interesting, thank you for the recommendation. We will look into that.
[url="https://blackwavelabs.com"]https://blackwavelabs.com[/url] - Blackwave Labs Development Group
[url="https://exco.in"]https://exco.in[/url] - Innovative Cryptocurrency Exchange
Delegate Proposal: [url="https://bitsharestalk.org/index.php?topic=12907.0"]https://bitsharestalk.org/index.php?topic=12907.0[/url]

sumantso

Quote from: Excoin on January 01, 2015, 06:56:01 PM
Quote from: sumantso on January 01, 2015, 09:28:21 AM
You should consider BitCNY deposits and running BitCNY markets. This will allow to have effectively fiat markets. It will also make for a good arbitrage opportunity between Btc38 and you, driving extra volume in.

We would be interested in offering BitCNY centric exchanges if we did build an adapter.

We are still doing research on the project and reviewing the codebase and API at this point.

Cheers.

Fiat will require regulatory clearances. Using BitCNY, BitEUR, BitUSD etc will allow you to have pseudo fiat markets.

Btc38 uses an external site to convert BitCNY to CNY and back at 1:1, maybe you can check that out.

Excoin

Quote from: nz on January 01, 2015, 07:54:55 PM
Quote from: Excoin on January 01, 2015, 07:16:11 PM
Currently we are only interested in crypto-to-crypto trading. We are also building a new enterprise-grade payment gateway system. After that we may consider acting as a USD/CNY/EURO gateway.

This all sounds very promising. Have any or the devs reached out to you yet?
Please keep the USD/CNY/EURO gateway on the radar, i think a lot of potential and interest exists there.

We created our post here after the devs reached out to us via email. Their suggestion was we could offer to become a delegate to help cover the costs of our development. We wanted to see if there was interest and see if the possibility was feasible while we researched the project.
[url="https://blackwavelabs.com"]https://blackwavelabs.com[/url] - Blackwave Labs Development Group
[url="https://exco.in"]https://exco.in[/url] - Innovative Cryptocurrency Exchange
Delegate Proposal: [url="https://bitsharestalk.org/index.php?topic=12907.0"]https://bitsharestalk.org/index.php?topic=12907.0[/url]

nz

Quote from: Excoin on January 01, 2015, 07:16:11 PM
Currently we are only interested in crypto-to-crypto trading. We are also building a new enterprise-grade payment gateway system. After that we may consider acting as a USD/CNY/EURO gateway.

This all sounds very promising. Have any or the devs reached out to you yet?
Please keep the USD/CNY/EURO gateway on the radar, i think a lot of potential and interest exists there.
"There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose"

Excoin

Quote from: Gentso1 on January 01, 2015, 03:24:14 PM
Do you plan to act as a fiat gateway at all or are you only interested in crypto to crypto transfers?

Currently we are only interested in crypto-to-crypto trading. We are also building a new enterprise-grade payment gateway system. After that we may consider acting as a USD/CNY/EURO gateway.
[url="https://blackwavelabs.com"]https://blackwavelabs.com[/url] - Blackwave Labs Development Group
[url="https://exco.in"]https://exco.in[/url] - Innovative Cryptocurrency Exchange
Delegate Proposal: [url="https://bitsharestalk.org/index.php?topic=12907.0"]https://bitsharestalk.org/index.php?topic=12907.0[/url]

Excoin

Quote from: sumantso on January 01, 2015, 09:28:21 AM
You should consider BitCNY deposits and running BitCNY markets. This will allow to have effectively fiat markets. It will also make for a good arbitrage opportunity between Btc38 and you, driving extra volume in.

We would be interested in offering BitCNY centric exchanges if we did build an adapter.

We are still doing research on the project and reviewing the codebase and API at this point.
[url="https://blackwavelabs.com"]https://blackwavelabs.com[/url] - Blackwave Labs Development Group
[url="https://exco.in"]https://exco.in[/url] - Innovative Cryptocurrency Exchange
Delegate Proposal: [url="https://bitsharestalk.org/index.php?topic=12907.0"]https://bitsharestalk.org/index.php?topic=12907.0[/url]

nz

"There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose"

cass

█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

toast

Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Gentso1

Do you plan to act as a fiat gateway at all or are you only interested in crypto to crypto transfers?
[url="http://cryptosmith.info/index.php"]http://cryptosmith.info/index.php[/url] Gentso and Thom
[url="https://bitsharestalk.org/index.php?topic=13837.0"]https://bitsharestalk.org/index.php?topic=13837.0[/url]