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Author Topic: [Magnetic Exchange] - exchange BTC, LTC, ETH, XMR, USDT, Neteller, PM and other  (Read 1982 times)
MagneticEX (OP)
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February 19, 2017, 01:10:59 PM
Last edit: January 03, 2021, 12:09:08 PM by MagneticEX
 #1

Dear friend,

I'm glad to introduce a verified automatic e-currency exchange service - MagneticExchange.com

Here you can always exchange these e-currencies instantly:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Monero (XMR)
  • Litecoin (LTC)
  • Stellar (XLM)
  • Perfect Money
  • Neteller
  • AdvCash
  • USDT
  • Payeer

and other popular e-currencies

Transfers with:

  • Visa / MasterCard EUR, RUB, KZT, UAH.

The service offers an affiliate program (15 to 30 % of the profit generated by your referrals).

Up to 20% discount for returning customers.

Welcome to Magnetic Exchange!

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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arcathomas
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February 19, 2017, 01:40:05 PM
 #2

Interesting website, like changelly but with more e-currencies.
Anyone tried ?

And btw, the french translation is awful
MagneticEX (OP)
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February 19, 2017, 01:45:13 PM
 #3

And btw, the french translation is awful

If you will show our mistakes - we will fix them
MagneticEX (OP)
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February 21, 2017, 05:03:31 PM
 #4

Glad to see you
warningsigns
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February 27, 2017, 09:15:02 AM
 #5

Dear friend,

I'm glad to introduce a verified automatic e-currency exchange service - MagneticExchange.com

Here you can always exchange these e-currencies instantly:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Dash (DASH)
  • Monero (XMR)
  • Litecoin (LTC)
  • Perfect Money
  • Neteller
  • Payza
  • Solid Trust Pay
  • AdvCash
  • MoneyPolo
  • OkPay
  • Paxum

and other popular e-currencies


The service offers an affiliate program (15 to 30 % of the profit generated by your referrals).

Up to 20% discount for returning customers.

Welcome to Magnetic Exchange!




In your website, you mention on your fraud alert page this:

----
Fraud Alert
Dear friends,
due to increasing number of fraudulent attempts, we kindly request that you be very attentive and bear in mind the following rules while dealing with any type of electronic currency:

Never transfer money to unfamiliar people.
----


You are however "unfamiliar people" to me so this is a dilemma.

Any escrow option?



MagneticEX (OP)
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February 27, 2017, 10:39:51 AM
 #6




In your website, you mention on your fraud alert page this:

----
Fraud Alert
Dear friends,
due to increasing number of fraudulent attempts, we kindly request that you be very attentive and bear in mind the following rules while dealing with any type of electronic currency:

Never transfer money to unfamiliar people.
----


You are however "unfamiliar people" to me so this is a dilemma.

Any escrow option?


Thank you for your question. No - we are not use escrow and other third-party services. We are work on market since 2011. If you have doubts about our service, you can read reviews of our work in the network.
MagneticEX (OP)
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March 06, 2017, 03:43:35 AM
 #7

if you have any questions, please ask
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March 06, 2017, 05:11:48 AM
 #8

whether to conduct transactions on the site must have an account or can be without having to create an account?
MagneticEX (OP)
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March 06, 2017, 05:22:14 AM
 #9

whether to conduct transactions on the site must have an account or can be without having to create an account?


Most of the exchange directions does not require creating an account. However, transactions with an account - will give you additional discounts
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March 06, 2017, 05:35:51 AM
 #10

whether to conduct transactions on the site must have an account or can be without having to create an account?


Most of the exchange directions does not require creating an account. However, transactions with an account - will give you additional discounts
okay, thanks for your response, I see it now because I also need exchange sites like this to exchange bitcoin to perfectmoney, I would bookmarik this on my browser and may test the site to sell some of the bitcoin in your site, hopefully it is good, cheers
MagneticEX (OP)
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March 06, 2017, 05:40:18 AM
 #11

whether to conduct transactions on the site must have an account or can be without having to create an account?


Most of the exchange directions does not require creating an account. However, transactions with an account - will give you additional discounts
okay, thanks for your response, I see it now because I also need exchange sites like this to exchange bitcoin to perfectmoney, I would bookmarik this on my browser and may test the site to sell some of the bitcoin in your site, hopefully it is good, cheers


Welcome!
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March 07, 2017, 01:23:25 AM
 #12

Some fees listed on your site are totally strange, at least for me as I don't trade altcoins.

Bitcoin => Dash fee is 1% while Dash =>Bitcoin 20%? Is that standard?

If someone would want to use your service to launder dirty money, then in theory, all he need to do is access your service everyday using new IP/device and never create an account.
Or I am missing something?


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MagneticEX (OP)
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March 07, 2017, 02:27:50 AM
 #13

Some fees listed on your site are totally strange, at least for me as I don't trade altcoins.

Bitcoin => Dash fee is 1% while Dash =>Bitcoin 20%? Is that standard?


Nothing strange. We are not ready to buy now DASH (we have more than enough), and we need bitcoin. As soon as the situation changes, the rate will return from 20% to 2-3%

If someone would want to use your service to launder dirty money, then in theory, all he need to do is access your service everyday using new IP/device and never create an account.
Or I am missing something?


This will not help you.
ImHash
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March 07, 2017, 04:07:42 AM
 #14

1 dash I can sell at 0.0363 in yobit right now but if I wanted to sell to you I could only get 0.0287 that is almost $10 bucks lower, people shouldn't pay for your lack of funds/BTC it doesn't make any sense for anyone to use your service while the well established exchanges are offering higher prices and are more convenient than your's. to start an exchange you need to sacrifice first to gain trust and popularity like offering some discounts where no other services can compete with, running a signature campaign and invest heavily on it if you are really serious to stay in this part of the market for long term.
I believe if a service related directly to cryptocurrencies doesn't spend money from pocket to advertise in the main and original forum of the original cryptocurrency(Bitcoin) is not to be taken serious and for sure to avoid conducting any business of any magnitude.

Overall I very much liked the simplicity and neat design, very lite and fast loading one page service, I'd suggest to work really hard to build up a strong trust and reputation otherwise after earning a few bucks as fees you'll be forgotten just like dozens of exchanges out there.
MagneticEX (OP)
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April 16, 2017, 02:53:20 PM
 #15

1 dash I can sell at 0.0363 in yobit right now but if I wanted to sell to you I could only get 0.0287 that is almost $10 bucks lower, people shouldn't pay for your lack of funds/BTC it doesn't make any sense for anyone to use your service while the well established exchanges are offering higher prices and are more convenient than your's. to start an exchange you need to sacrifice first to gain trust and popularity like offering some discounts where no other services can compete with, running a signature campaign and invest heavily on it if you are really serious to stay in this part of the market for long term.
I believe if a service related directly to cryptocurrencies doesn't spend money from pocket to advertise in the main and original forum of the original cryptocurrency(Bitcoin) is not to be taken serious and for sure to avoid conducting any business of any magnitude.

Overall I very much liked the simplicity and neat design, very lite and fast loading one page service, I'd suggest to work really hard to build up a strong trust and reputation otherwise after earning a few bucks as fees you'll be forgotten just like dozens of exchanges out there.

Thank you for your feedback.
MagneticEX (OP)
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May 11, 2017, 10:44:57 AM
 #16

Important update

Quote
Dear friends,

Please be informed that effective May 11, 2017, we are modifying the exchange rate fixing mechanism for all operations that involve cryptocurrency. The exchange rate will be fixed upon the first confirmation on our node when you sell, or the actual receipt of funds when you buy cryptocurrency.

This change, being a common practice in the industry, will allow us to offer you more favorable exchange rates.

The change will become effective on May 11, 2017. Please follow the notifications when submitting exchange requests.

Yours,
Magnetic Exchange team.
thebatletbet
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May 11, 2017, 11:23:54 AM
 #17

Dear friend,

I'm glad to introduce a verified automatic e-currency exchange service - MagneticExchange.com

Here you can always exchange these e-currencies instantly:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Dash (DASH)
  • Monero (XMR)
  • Litecoin (LTC)
  • Perfect Money
  • Neteller
  • Payza
  • Solid Trust Pay
  • AdvCash
  • MoneyPolo
  • OkPay
  • Paxum

and other popular e-currencies


The service offers an affiliate program (15 to 30 % of the profit generated by your referrals).

Up to 20% discount for returning customers.

Welcome to Magnetic Exchange!



how system affiliate program can get return 30% from referal
30% from fee trade referal, or if referal get profit can get commision, without referal profit can't receive commision referal
MagneticEX (OP)
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May 11, 2017, 02:36:16 PM
 #18

how system affiliate program can get return 30% from referal
30% from fee trade referal, or if referal get profit can get commision, without referal profit can't receive commision referal

We pay 15-30% from our fee from your referal
MagneticEX (OP)
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July 24, 2017, 06:46:08 AM
 #19

It is important:
Quote
Dear friends,

In connection with the upcoming update of the Bitcoin network protocol, in the period from July 25 to August 10, temporary stops of BTC reception and sending on our service are possible.

These stops will be aimed at preventing collisions of the network, which are likely to occur during this period.

We apologize for any inconvenience.
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August 29, 2017, 07:21:28 AM
 #20

Very Good Service :-)
Recommend :-)
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