Bitcoin Forum

Hello good day to all,

Today I was trying to do a exchange of 90$ USDC to Bitcoins.

I noticed a strange thing on the site maybe a glitch or maybe the site is trying to force create the order or whatever IDK.

I have 90 USDC I will get 0.00742606 BTC^88.17$ according to the site  _{screenshot below.}

https://i.imgur.com/1xbP2Ij.png

Now when I click on flyp now It redirects me to the order page and it automaticallys change the recieiveg amount to 0.00682726^81.03

https://i.imgur.com/tNDjQtq.png

So can someone explain me what is going with the site - a simple glitch or what.

I found no way to contact them, I am unable to find the thread here on forum.

Regards

Well thats a shady thing.
Heres their ANN thread on this forum. https://bitcointalk.org/index.php?topic=1952077.0
Bitcointalk account profile: https://bitcointalk.org/index.php?action=profile;u=1022290

Both have reds which means i cant really trust up this service anymore. Why not try https://coinswitch.co/?

I'm not sure what JollyGood's feedback is all about, but whatever.  I've used flyp.me a few times in the past with no issues, but that was months ago and doesn't mean anything as far as your problem is concerned, OP. 

Have you tried running the transaction through a few times, and if so do you get the same issue?  I can't think of a good reason why the amount you'd receive would drop that much in the short time it takes to click a button.  It's not like you're dealing with a super volatile asset pair.

I've used them as well with no issues, and I suppose if OP has to use one of these instant exchanges, he might as well give that one a shot.  I'd be careful with any of them, even the bigger name ones like Changelly and ShapeShift.  I've rarely had trouble with any of them, but I'm still skeptical about them when it comes to customer service if I did have an issue.  Anyway, good luck OP.

Could it be factoring in the transaction fee? $6 does seem high though for the fee.

If you want to do this trade you could try opening it on the currency exchange and see if anyone will fill it (I can't decide whether I'm holding yet but might be able to do it myself).

I tried to play their website by comparing their rates on coingecko and get the same as yours.

They have high conversion rate, and they charge high fees as well. From 100 usdt to BTC all you get is 87ish usd worth of btc due to their conversion and fees

Conversion in coingecko
https://i.ibb.co/j4zRKLY/IMG-20200816-105116.jpg

Their rates
https://i.ibb.co/0BR4Gwv/IMG-20200816-105105.jpg

And what you will get
https://i.ibb.co/9txZNLd/IMG-20200816-105051.jpg

And this is shady as f*ck. Tried to play their website before and never encountered same like this. Maybe they're hit too hard with this pandemic, and come up with this.

Ofcourse I tried many times before I come up with this thread at first I thought it was some sort of glitch or maybe my internet connection is not working good to fetch the information from the site but that was not the issue it happened everytime first it shows good amount and later when you click on flyp.me it redirects you to order page and simple reduces the amount.



In past used fixedfloat sometimes with no hassle and the rate is pretty good but they have increased the fee so I stopped using. Coinswitch is really expensive I will be losing 12-13$ for exchanging 100-110$.


If this is the case don't you think they must mention that the fee for bitcoin transacitons is x$ this.? and I am pretty sure this is not about the fee.

I have already tried that board the response from the members is pretty bad and they are greedy more then the websites.


The conversion rate is not high IMO I have checked almost all the sites and the rate is pretty the same ^{similar rate of flyp.me after order creation}. The best rate a person can get is from changelly.
@bL4nkcode I was using USDC_{by coinbase} not USDT.


P.S I really do not think this as scammy/shady I think it is some sort of glitch_{because at the end we get to see our order and the receiving value.}. Want to hear from the officials about this maybe they can sort this out.

I can just simply ask everyone to stay away from flyp.me until they resolve this issue.

Regards

No... They always give you a different rate on the cobfirm screen than they do on the initial I've, it's why I never used shapeshift (it was at least they tactics early on). Just tried it with 6. 95 eth that becomes 6.75...

I just use usdt to give me an answer if those you mentioned is the same with other pairs.

I asked on one of their admins on telegram and they give me this answer

"The final exchange rate includes all the fees"

So, those are features not some sort of glitch. And if the eth blockchain is congested, then expect a high rate/fees when exchanging eth or any erc20 related tokens.

https://i.ibb.co/jG6RLYK/IMG-20200816-183449.jpg

This is probably due to some currencies charging different fees dpending on the address you pay to: i.e native segwit v legacy for btc and ltc. And probably not quoted because /none of the others do it/.

Still, they need to fix it because a person like me checks all the site and compare the rates before creating an order. If the site shows the accurate amount at first it will save time a lot.

Regards

Please I want to really know why owner of this topic is been tag as a scammer and people are still responding positively to the topic created by him.

Its just question I answered because I really want to know the secret behind it.
Because when I so the red ink I was afraid of the page,based on people has comment there I just deviated to the topic sentence and asked the question.

If someone's got a problem with a website, why would you need to check trust for something as simple as that?

You can see the problem he had was a misrepresented fee on the website, as long as the website is fairly well known you can still help the person. Some people also give trust for different reason and the user in question doesn't even have a supported trust flag (and negatives that are without a flag could be for minor altercations they've had with other users that just painted them red).

Jackg almost cleared everything.

Negative rating does not mean that the person has no right to post on the forum or ask a question or if they find something wrong consult fellow members. I have all the right to post/share and create topics and ask questions about anything If forums think that the negative rating will take these rights then they will start banning accounts.

And I was tagged for my own mistake_{worked with a person who ran away..} and If you go to my profile and to more ratings you will find many positive ratings and a few negative.

The page is link is secure and is the official one. You can visit it.

Regards

@bL4nkcode I just read my first screenshot there is written "Price is final. All fees included. You get what you want"

So they just said that they add more fees after clicking flyp button? They have to fix that text then.

Like other websites they must tell at first what we will receive ! what do you say?

Regards