> For the complete documentation index, see [llms.txt](https://docs.alcor.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.alcor.exchange/developers-api/market-creation.md).

# Market creation

## Alcor Exchange gives you the ability to open a new market for 2 existing coins that do not currently have a market pairing. 

![](/files/-MgH_gIrNk7HwC7o7QJL)

To do this, first go to the "Markets" tab and look for the button that says "Open new market"

**"Why would I open a new market?"** 

* If you wanted to exchange any of your tokens for another one that there currently wasnt an exchange for.
* If you were developing your own crypto currency and wanted to give others the ability to purchase it using their existing other coins.