48. How to create a cryptocurrency exchange
Calvin Weight joins us to to discuss how to create a cryptocurrency exchange.
Calvin is the CEO of Coinbook, a bitcoin and cryptocurrency exchange, located in Salt Lake City, UT. He graduated from the University of Utah with a Master's degree in Finance. Calvin was introduced to bitcoin in 2012 and has studied and invested in the industry ever since.
Coinbook is a market maker so there is instant liquidity for each coin. They currently offer Bitcoin, Litecoin, Feathercoin, Digibyte, & Bullion. All coins trade against USD so liquidity and ease of transaction are very easy. The fees are included in the price so there are no extra trade fees, no deposit fees, and no withdrawal fees. One unique feature is a guarantee on your first trade so that for 14 days up to $500 your trade is reversable. This gives new users a chance to try out the platform and try out trading without risk. They want to help adoption and get people involved.
Get $10 of free Bitcoin by joining Coinbook. You can learn more here.
View this episode on our website here.
*Disclaimer. None of this information is financial advice.
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