Building of fire coin blockchain exchange

1. Although all websites and platforms related to digital currency trading and ICO projects have been blocked in China, the role played by exchanges in the field of digital currency is very important, so it has to be mentioned
Why do digital currencies need exchanges
as we all know, digital currency is based on blockchain technology and platform, and it is also one of the most typical applications of blockchain
taking bitcoin as an example, its platform provides the function of transferring money among users, but it does not provide the function of transaction and payment, which makes bitcoin unable to communicate with the outside world, let alone circulate, and thus cannot become a real currency
in order to solve this problem, the exchange was born
role of the exchange:
in addition to the above-mentioned trading and payment, the specific functions of the exchange are roughly asset management, matching trading and asset clearing, etc. To put it bluntly, it is equivalent to the Bank of digital currency. The matchmaking transaction here is actually to exchange for other currencies, such as bitcoin for Leyte. Of course, there are also some basic functions such as recharge and cash withdrawal. In principle, it is a centralized account book without being linked

on the other hand, the exchange also plays the role of stock exchange, making ICO (initial token issue) project possible
all kinds of token (token or token) can be raised and issued through the exchange
at this point, some people certainly think that the exchange is a combination of banking and securities trading
but not only that, the exchange also has the functions of futures and financial management, which means it also has the attributes of financial institutions such as futures exchange, securities companies and fund companies
it is not enough. In fact, the exchange also has the function of supervision, because there is no supervision. Therefore, the digital currency exchange can be regarded as a super financial center

the centralized exchange plays an important role, which obviously brings many security risks and trust crisis
all these are closely related to the violation of the "decentralization" advocated by blockchain
fortunately, some "decentralized" exchanges have emerged, which are based on the blockchain platform and rely on smart contracts to achieve the purpose of automation, de trust and transparency

let's briefly talk about how to build an exchange. Generally, a subject is registered first, such as the Singapore foundation, because the Singapore government encourages the development of blockchain, and high-quality project parties are registered in Singapore, which can be more recognized in the instry

the Singapore foundation can register by providing a company name and identity information of directors, and then it can do some legal compliance, which is also the advantage of the Singapore foundation. It can issue effective legal opinions to make the project compliance.

2. Currency transaction
currency transaction is mainly aimed at the transaction between digital currency and digital currency, in which one currency is used as the pricing unit to purchase other currencies. The currency transaction rule is also to complete the matching transaction according to the price priority and time priority
C2C transaction
both sides of the transaction release the transaction information of buying or selling currency on the C2C transaction platform according to the demand. The buyer and the Seller shall make payment according to the reservation. When the transaction is completed offline, the platform, as an intermediary, charges a certain percentage of the handling fee from each successful transaction
OTC OTC trading
is a set of offline purchase digital currency platform independent of the exchange. Anyone can publish purchase / sale advertisements on the platform. The purchase / sale users can purchase / sell through offline transfer. After the transfer, the platform will transfer the frozen digital currency to the buyer.

3. Similar to the stock exchange, blockchain exchange is the website platform for digital currency trading. Xrv522 can develop blockchain exchanges. These trading platforms generally only provide functions such as recharge, transfer and cash withdrawal. In other words, they will only tell you the collection address of your wallet, while the key, keysore and mnemonic words of your wallet will not be provided. Identity authentication is completed through login user name, password, verification email, mobile phone and other ways
(1) introction to price limit trading mode:
price limit buying / selling refers to that the user sets the price and quantity of a buying / selling currency to generate an order. The system will automatically match the buying and selling orders in the market. Once the price set by the user is reached, the transaction will be automatically executed according to the price priority time priority
(2) introction to market price transaction mode:
market price purchase refers to that the user sets a total amount and generates a commission order, from the beginning of selling to the completion of the total amount transaction. Selling at market price means that the user sets the total number of currencies to be sold, generates a commission document, and matches it from the beginning of buying to the completion of the total number of currencies transaction
(3) introction to currency transaction mode:
currency transaction is mainly aimed at the transaction between virtual digital assets and virtual digital assets, in which one currency is used as the pricing unit to purchase other currencies, and the currency transaction rule is also to complete matching transaction according to price priority and time priority< (4) introction of C2C transaction mode:
both parties of the transaction release the transaction information of buying or selling currency on the C2C transaction platform according to the demand. The buyer and the seller complete the transaction offline according to the agreed payment method, and the platform, as an intermediary, charges a certain proportion of the handling fee from each successful transaction< (5) introction to OTC OTC trading mode:
it is a set of platform for offline purchase of digital currency independent of the exchange. Businesses can publish purchase / sale advertisements on the platform, and purchase / sale users can purchase / sell through offline transfer. After the transfer, the platform will transfer the frozen digital currency to the buyer, The technical construction problems of the exchange can be found on the Internet
(6) introction to trading mining mode:
the exchange platform returns a certain proportion of the commission income to the platform users, and the platform coin is returned. According to the principle of distribution proportion, the exchange platform takes a certain proportion as the mining reward. Mining refers to trading on the platform to graally unlock the platform coin until all the platform coins are fed back. This kind of play has a strong attraction to attract users< (7) introction to futures / contract trading mode:
futures contract is an agreement that the buyer agrees to receive certain assets at a specific price after a specified period of time, and the Seller agrees to deliver certain assets at a specific price after a specified period of time. The price that both parties agree to use in future trading is called futures price. The designated r period in which both parties have to trade in the future is called the settlement date or delivery date. The assets agreed to be exchanged by both parties are called "subject matter"< (8) introction to the trading mode of perpetual contract:
perpetual contract is a new and unique contract. The goal of the contract is to allow high leverage to the market conditions of the spot market. The contract will not be delivered and can follow the reference price index through various mechanisms. The contract evolved from the traditional futures contract, but the perpetual contract has more obvious advantages and greater risks than the traditional futures contract, supporting long short two-way trading, opening a 100 times leverage, permanent position, premium and so on.

4.

When it comes to offshore companies, they usually choose to register in the islands. Some domestic giants, such as Ali, tengxu, Shanda network, Xiaomi and Haidilao, set up overseas IPO structures by registering offshore companies in the islands

advantages of offshore companies registered in the islands:

1. Full tax exemption system (only a small amount of annual management fee)

2. Company information confidentiality (high degree of confidentiality)

3. Overseas IPO structure (Tencent, Xiaomi and other domestic giants build overseas IPO structure by registering offshore companies)

4. Freedom of name (Chinese can be added)

5 No foreign exchange control

6, no specific business scope, as long as not engaged in illegal and criminal activities or need to franchise instry

Second, the non-profit foundation of Singapore can issue relevant legal opinions to prove that the operation of the company is in line with the current laws of Singapore

The main contents of the legal opinions are as follows:

1. White paper modification: the white paper of the project shall be modified where it does not comply with the laws and regulations of Singapore, and a professional legal compliance opinion shall be issued by a lawyer

2. Token non securitization certificate: the lawyer issued a professional legal opinion to clarify in detail that the token issued by the project does not have the nature of securities

5. The first part: build your own blockchain directory from 0 to 1:
1.1 start with imitation, First knowledge of blockchain
1.2 basis of blockchain: analysis of consensus mechanism
1.3 design principle and method of consensus mechanism
1.4 how to quickly clone a blockchain
1.5 how to turn bitcoin into its own private chain - bifurcated bitcoin
1.6 how to turn Ethereum into its own private chain - bifurcated Ethereum
1.7 how to turn ripple into its own private chain - bifurcated Ripple
1.8 how to turn stellar into a private chain of its own, How to develop your own blockchain wallet (windows and MAC) 1.11 how to develop your own blockchain wallet (Android and IOS) 1.12 how to develop an online wallet similar to blockchain.info 1.13 how to increase the security and robustness of your own blockchain network 1.14 how to use coin to handle recharge withdrawal business
1.15 How to use the fund pool to build a mixed currency service
1.16 how to design a new mining algorithm
this process is generally used, but it is also very difficult for ordinary people to complete. The mature projects of blockchain include Ethereum, decent, bitcoin and so on.

6. With the rapid development of digital asset exchange market, its new upsurge is coming! And the development of digital asset trading website is mixed, for investors, it is easy to make profits if they retreat, so how to choose a safe trading website to let the majority of users rack their brains, how to do the trading website to have its own advantages
Development: This article is developed by yuanzhongrui editor / exchange to see the name
Security: digital assets are stored in hot and cold wallets, and multiple authentication ensures the account security
stable: user data is backed up multiple times around the world, and can be recovered immediately in case of failure
specification: the 100% digital currency margin system can timely respond to the withdrawal needs of customers
Service: provide customer service staff to help you solve problems at any time
Technology: continuously update and iterate the system according to the user's needs and opinions on the website and the market
in addition, the platform also needs to have an intelligent data analysis and trading system to provide users with a variety of trading strategies and results analysis, so as to make the transaction more flexible and convenient.

7. It is suggested to find a company to cooperate. It is good for Shengshi Huacai to develop the exchange. It mainly provides services such as basic blockchain construction, smart contract development, blockchain application landing, and blockchain business ecology construction. The technology is very good and worth recommending.

8. In fact, it is decentralization, point-to-point transaction and automatic operation, so that the global digital assets can be freely traded, and the order can be automatically matched.

9. CG century exchange, which has been online for a long time, is designed to let more people experience the real digital currency trading environment, enhance their risk awareness, learn professional investment skills and blockchain knowledge, and make more friends in the currency circle. Recently, a blockchain exchange has directly launched a contract trading simulation disk, in which users can fully simulate real-time operation, Skilled before entering the formal contract transaction.