Hello everyone, based on what we've seen, we decided that BitcoinTalk would be a great place for us to launch, get initial feedback, and maybe even get some user base.

[Website: https://1151.to ToS: https://1151.to/tos Privacy Policy: https://1151.to/pp]

1151 is a P2P crypto-to-crypto exchange platform working on a maker-taker principle. We currently support most major coins including BTC, ETH, USDT (both TRC20 and ERC20 variants), USDC, TON, and TRX.

Here is how to use our platform:

First of all, you need to create an account to use our service. To do so, you only need an email address.
As an offer taker - you can browse existing offers and choose the one with the best price rate.

While you obviously can set any rate for your offer, we encourage keeping offers at market price. For that, we will automatically track the market price and adjust your offer price every 60 seconds, and upon every exchange.

Once you select the offer, you can choose how to conduct the exchange — you can customize the source and destination of your coins. You can choose either to exchange coins from your platform balance or deposit them from your own wallet right during the exchange. As for coins you receive — you can choose either to keep them on your platform balance or automatically send them to your wallet as soon as the exchange takes place.

As you might have guessed, all exchanges from offers are instant and autonomous, and unfortunately, to achieve this, we DO HAVE TO TAKE CUSTODY of offer makers' funds to provide a liquidity pool and exchange process.

As an offer maker — you deposit coins to your platform balance and create the offer. While the order is active, all coins assigned to this offer are moved to Locked Balance. In that state, all coins associated with the offer cannot be used for other exchanges and withdrawals. Once the offer is deleted by you at any time, Locked Balance funds are returned to your primary balance immediately for further use.

Numbers:

- Minimum exchange/deposit amount — $10 (as an offer maker you can set a custom minimum exchange amount, but no less than $10)
- Minimum withdrawal amount — No minimal limit, but network fees are paid by the user. You can see fees on Guide page
- Platform fee — 0.5% per exchange

IMPORTANT:

We made a lot of effort to make sure that we will encounter no technical issues on launch. But still, in case you encounter any issues that affect your ability to access and control your funds, don’t panic and contact us at support@1151.to. We will absolutely help you in returning your funds and will provide a goodwill premium of 3–50% to your amount as stated in our Terms of Service

In case you want to preview our website and understand how it works before creating an account we made some screenshots for you:

Offer Creation - https://cdn.1151.to/create_offer.png
Offer Search - https://cdn.1151.to/search_offers.png
Offer Exchange - https://cdn.1151.to/exchange_dialog.png
Account Page - https://cdn.1151.to/account.png