Startup Idea: Cryptocurrency Trading Aggregator Platform

Startup idea to develop a secure and trusted website that collates user accounts, balances, ticker price updates, and more from various cryptocurrency exchanges. The platform should also facilitate quick trades and orders across these exchanges, using their API systems. Other key features to include are news updates, alerts, a realistic charging model and additional services based on a scaling fee for higher-level traders.

I am a free lance programmer and a crypto-currency day trader. It is stupid for me to tell you an idea I am currently working on, but I'm programming it just for myself, and I need more money for use by the bot-trading platform I'm developing.

What would be nice is a single secure and trusted website that could act as a collator for all my accounts on the various crypto-currency exchanges I use, including balances, ticker prices, alerts, news updates, etc.

Maybe even a tie in to the trade systems on those sites to make quick trades and orders on those sites. Some banks have something similar for traditional stock exchanges and other various bank accounts, but I have yet to find anything similar for the Cryptos.

This should be pretty easy to do as most of these exchange sites have really easy APIs for developers to use (I thought they were very easy at least). The problem is that the site would have to be VERY secure; crypto-currencies are very big targets these days.

Another issue is trust: the site would have to be bonded at the very least, and have some trusted names behind it, perhaps endorsement from the various exchanges.

The pay model should be very low, similar to what the exchanges do with perhaps a 0.00001 BTC transaction charge for the quick orders, and perhaps a low monthly fee of around 0.001 BTC.

I don't think average traders would pay much more other than at the highest level, but those can be monetized with a scaling fee with added perks that only the higher level traders need or want, like for example "Virtual Trades"; most exchanges hold your currencies for orders but using a 3rd party site with the exchanges APIs the orders could only go through when triggered by the market changes.

Another way to monetize the big players would be by delaying the tickers and "fast orders" based on the scaling fee (standard practice in most traditional stock markets)

As for search terms I tried so many I can't remember them, including searching manually through various crypto trading forum. I am currently programming this for my own use.

Submitter: Jeremy: (view contact info).