The industry of virtual currencies has a high bar to entry from a technical point of view for the average user and a high bar to entry from an economical point of view for the average entrepreneur for buying a reliable crypto exchange source code, hiring professional DevOps personnel, hiring customer support specialists, complying with national and international AML/KYC regulations and having liquidity from day one of the exchange start of operations. We want to lower this barrier because to entry this industry because running an exchange is HARD and we want you to focus on things that matter, not on the caveats that the industry requires because you want to start a business in this industry and you need the source code to do it.

To addition to this point, starting an exchange requires a high level of investment form your venture capital reference and the profit of your exchanges operations are not guaranteed in the first 5 years.

When building a professional exchange service we think that the source code of your exchange and the liquidity to offer to your clients from day one should be given to you free of charge: no more paying e150,000.00 to a company just to have a platform that works and for which you need to pay another e100,000.00 - 150,000.00 just to brand it and customize it for your needs so you can tie your business to a company that may go bankrupt in the future and found you in trouble as you never had the source code of the product your business relies on.

What is Ripaex

Ripa Exchange is a hybrid-decentralized exchange with a strong focus on lowering the entry level of opening new exchanges and giving crypto traders safe and secure trading partners to operate on a daily basis.

Despite the recent developments in the world of cryptocurrencies, it is still expensive to open, manage and build trust on a newly created exchange not only for the resources need to run a reliable exchange platform but also for the build of the platform itself and to find the liquidity necessary to run a profitable business in the first 5 years gap.

Action is needed and action is needed now. Users are frustrated with unreliable exchanges that run away with their funds, got hacked or does not sustain the load of a growing industry of today. Despite the effort of exchanges managers to offer efficient, reliable, and easy to use platforms to trade entry prices for building such platforms is in the rage of 250-300 thousand euro and that does not include personnel cost to give platinum customer support, platform infrastructure and daily expenses for the business. All of that for then having an decent exchange platform for which you will need to pay an external software company to make changes as you request.

It is the aim of this project to give you an Open Source, efficient, reliable exchange platform and to give the needed liquidity1 to your newly created exchange from day one so you can focus on finding your customers, give platinum support and comply with all the heterogeneous laws in the industry. As we want that the customer experience will be the sleekest possible, while making it safer to trade.

Our mission is to build the world best open source crypto asset marketplace with a high performance trading engine and safety which can be trusted and enjoyed by users. Additionally we want to move the crypto currency exchange technology forward by providing support and add new features. We are helping people to build easy their own exchange around the world

Exchange Features

• Open Source - Peatio is a customizable cryptocurrency exchange solution architecture enables easy connection to KYC/AML, authentication, ETL/reporting, and other services.
• KYC Verification - Peatio KYC efficiently submits and exchanges KYC information to meet the banking supervisory standards and comply with Customer Due Diligence (CDD) requirements.
• Transparent & Configurable - Peatio is a true open source technology making it secure, transparent, flexible and highly configurable.
• Internationalization - Peatio supports a wide array of common languages, while improving usability for users all over the world.
• Proof of Solvency - Peatio Proof of Solvency (PoS) allows users to verify the solvency of the Peatio based cryptocurrency exchange without compromising user privacy.
• Multi-Accounts - Peatio allows to create multiple accounts and trading in multiple currencies. Peatio makes it is easy to trade different currencies.
• Enterprise Exchange - Peatio enterprise exchange features include a high-performance matching engine, scalable distributed worker threads, and SMS 2-factor authentication.
• Functional & Intuitive - Clean, user friendly registration and login interface. Personalized deposit and withdraw procedure and a built-in proof-of-solvency audi

RipaEx is a project to facilitate the uptake of standards to share liquidity between crypto assets marketplaces. The objective of RipaEx is the promotion of shared source code for wallets and exchanges in the virtual currency industry: it is the aim of this reference document to give in-depth information to prospective exchange developers, or exchange managers, to enable correct decision-making and to ensure success for their proposed projects. It seeks to analyze the real potential in the Country of application for a network of cryptocurrency exchanges, and its place in the market.

Recent developments at European Union level and worldwide are transforming both how virtual currencies are treated and the way ICO (Initial Coin Offering) are legislated. These combined developments have made the use and production of virtual currencies an increasingly favorable prospect.

In October 2015 the European Court of Justice ruled that bitcoin and other cryptocurrencies are exempt from VAT taxation. In July 2016 the European Commission adopted proposals for legislation to amend the 4th Anti-Money Laundering Directive (4AMLD) that will bring virtual currencies exchanged and wallet providers into the EU’s anti-money laundering framework [15]. In February 2018 the European Commission launched the EU Blockchain Observatory and Forum [7] to highlight key developments in blockchain technology, promote European actors and reinforce European engagement with multiple stakeholders involved in blockchain activities.

For Information

Website: www.ripaex.io

ANN: bitcointalk.org/index.php?topic=3759172

Whitepaper: github.com/RipaEx/whitepaper/raw/master/eng/RipaEx_WP_EN.pdf

Facebook: www.facebook.com/ripaex

Twitter: twitter.com/ripaex

Telegram: t.me/ripaex

Slack: ripaex.slack.com

Gitter: gitter.im/RipaEx/RipaEx

GitHub: github.com/RipaEx/

Medium: medium.com/ripaex