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Author Topic: [TEMP] MVP of CryptoCurrency Exchange, Anyone To Test The Service?  (Read 697 times)
dogedice.me (OP)
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September 13, 2014, 07:11:31 PM
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Hello,

tl;dr
Today we test our new service to exchange one crypto to another - www.simpleswap.me. And I need some testers who are ready if it fails at some moment and don't mind to help. It's very alpha version.

Why another one?
I have different casinos but the chat inside of them are unified and users talk to each other being on different sites, most of them want to exchange DOGE to REDD or REDD to BTC and vice versa. The biggest problem is the time. Cryptsy, Bittrex and few others request too much time to confirm transactions and to process withdrawals.

We also struggled with chat scam during user-to-user exchange onsite and I decided to create a simple service to swap one currency to another.

How it works?
I use Bittrex API to process orders, get quotes and so on. Deposits & Withdraws are being processed with our own wallets. We take commission of 2% per one exchange, gonna review it later and lower.

Bittrix limits BUY\SELL order by 0.0005BTC, we check your order before process it, so no worries. At the beta I also capped maximum exchange by 0.3BTC.

Is it instant? How do you exchange? Is it Market Order?
Exchange is instant, Bittrix currently disabled market orders so I have to imitate them. If you requested amount which can't be covered by first BID\ASK we take next ones until I cover your request. So price from first BID\ASK can be very different. Thus when you create exchange and enter amount I show the exact price to fulfil your order. It still can change while services awaits first confirmation, but not much.

In other words, I execute your request at BEST AVAILABLE price. And I do not guarantee the price.

How I can help?
I don't ask you to exchange & pay commission for this, but if you need to exchange fast and would love to help the service, I will appreciate it.



So If you are willing to help, please visit: www.simpleswap.me

SSL and Design will be added as soon as we finish testing and see a demand in this service.

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