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Title: [ANN][EXCHANGE] Oobit - new Swap feature for direct trade among cryptocurrencies Post by: numizmat on April 14, 2021, 08:46:57 AM Oobit Wallet - new Swap feature for direct trade of one cryptocurrency for another Oobit's Swap Feature (https://www.oobit.com/blog/streamline-your-crypto-trading-with-oobits-new-swap-feature/) is a new feature of Oobit Wallet (https://www.oobit.com/) that allows users to quickly liquidate one asset for another that they believe has more growth potential. It also allows users to hedge against events that may affect the one crypto, or just to move from a volatile market to a more stable one, it allows users to trade between the following cryptocurrencies:
Swap lets you bypass network fees and instead do an internal trade of one cryptocurrency for another. Providing a non-custodial, on-chain transaction. For example, users can swap Bitcoin for Ethereum directly from their Oobit Bitcoin wallet, with the funds being deposited directly into their Oobit Ethereum wallet. https://lh6.googleusercontent.com/KW48FB9ABz8mSGV7m4LMHQ4VoU4TBgaZhyQ7oO0bDqEB_58zrUkjsAldHasLcZlMvcAGNmZGOi452dH77xV-kG40iILJrkjNHxLFzpCXIXQHjEhaMWcKqQdO2aUhvEUDnSZxHcth Oobit (https://www.oobit.com/) is a full-service crypto banking platform for anyone looking to buy, spend, transfer, withdraw, and manage their crypto in one simple way. It offering access to Bitcoin, Bitcoin Cash, Ethereum, USDT (Tether), and many other cryptocurrencies. The platform offers users a straightforward way to instantly buy, sell, and store digital assets - to allow users to use crypto with the same ease as traditional money. Oobit Core Features:
Title: Re: [ANN][EXCHANGE] Oobit Wallet - new Swap feature for direct trade of one cryptocu Post by: Jovovich on April 14, 2021, 01:54:30 PM Looks very interesting. Will there be other crypptos added? How soon?
Title: Re: [ANN][EXCHANGE] Oobit - new Swap feature for direct trade among cryptocurrencies Post by: SFR10 on April 15, 2021, 04:26:31 AM Oobit Wallet - new Swap feature for direct trade of one cryptocurrency for another Just to be clear, users are required to do the KYC process even if they would "only" use this wallet for sending and receiving transactions?https://lh6.googleusercontent.com/KW48FB9ABz8mSGV7m4LMHQ4VoU4TBgaZhyQ7oO0bDqEB_58zrUkjsAldHasLcZlMvcAGNmZGOi452dH77xV-kG40iILJrkjNHxLFzpCXIXQHjEhaMWcKqQdO2aUhvEUDnSZxHcth Looks like it's heavily inspired by Blockchain.com's platform ;)Quote from: https://support.oobit.com/hc/en-us/articles/360005195597-What-is-Oobit-and-how-does-it-work- Cryptocurrency under your control IMO, the part I've highlighted in red is misleading.Title: Re: [ANN][EXCHANGE] Oobit - new Swap feature for direct trade among cryptocurrencies Post by: Urban Crypto on April 21, 2021, 04:00:07 PM Oobit Wallet - new Swap feature for direct trade of one cryptocurrency for another Just to be clear, users are required to do the KYC process even if they would "only" use this wallet for sending and receiving transactions?I believe after contacting the company the answer is yes. https://lh6.googleusercontent.com/KW48FB9ABz8mSGV7m4LMHQ4VoU4TBgaZhyQ7oO0bDqEB_58zrUkjsAldHasLcZlMvcAGNmZGOi452dH77xV-kG40iILJrkjNHxLFzpCXIXQHjEhaMWcKqQdO2aUhvEUDnSZxHcth Looks like it's heavily inspired by Blockchain.com's platform ;)They tried to combine the best of all platforms for a complete solution Quote from: https://support.oobit.com/hc/en-us/articles/360005195597-What-is-Oobit-and-how-does-it-work- Cryptocurrency under your control IMO, the part I've highlighted in red is misleading.Title: Re: [ANN][EXCHANGE] Oobit - new Swap feature for direct trade among cryptocurrencies Post by: The Sceptical Chymist on April 21, 2021, 05:36:26 PM I took a look at the Oobit website, and it seems like they're an unknown company out of Singapore that's apparently been in business since 2016. Their "About Us" page looks extremely slim:
https://i.imgur.com/Tw68KD6.png They also offer a crypto debit card that seems way too good to be true, and I'm wondering if anyone out there has tried it out. As far as the swap function goes, my location is blacklisted (not a surprise) and they seem to service basically the same countries as Binance. I have no idea whether Oobit is legitimate or not, but I'm skeptical to say the least. Title: Re: [ANN][EXCHANGE] Oobit - new Swap feature for direct trade among cryptocurrencies Post by: The Cryptovator on April 21, 2021, 06:21:11 PM It's quite surprising that the domain has bought almost 15 years ago when Bitcoin wasn't born. Here is the domain information.
Quote Registered On: 2005-11-14 It seems they mentioned on the about us page they are working from 2016, really need 5 years to build an instant exchange? I am not familiar with the development process, but I think it's taking a too long time to launch an instant exchange. However, I am curious how the Oobit team gains the domain which is 15 years old. Expires On: 2022-11-14 About the Visa card, at the beginning lot of companies offer that kind of crypto card. But eventually very few launched on the market. Let's see Oobit performance on that field. I am interested to see any reviews from the forum after using it how potential they are. Title: Re: [ANN][EXCHANGE] Oobit - new Swap feature for direct trade among cryptocurrencies Post by: FatFork on April 21, 2021, 08:45:15 PM I took a look at the Oobit website, and it seems like they're an unknown company out of Singapore that's apparently been in business since 2016. <cut> They may have an office in Singapore (at least according to their website), but the company QQCap OÜ is from Estonia. Quote from: oobit.com © 2021 QQCap OÜ Reg.number 14852617 Address: Harju county, Tallinn, Lasnamäe district, Väike-Paala tn 2, 11415, Estonia. According to the Estonian Business Directory, QQCap OÜ was founded on November 20, 2019, and their activity licenses for "virtual currency wallet and exchange services" was issued on March 10, 2020. https://www.teatmik.ee/en/personlegal/14852617-QQCap-O%C3%9C |
