UNO Market DevelopmentsShapeShift.io Review
I finally tried ShapeShift.io, which, like they advertise, is a dream come true, except for the terrible rates they give, which are almost understandable all things considered. It is a business, afterall. Once they get some competition, and cryptos expand in usership a bit more, I'm thinking they will offer better rates. Regardless, they only have so many cryptos they offer trades with, so it is a REAL HONOR that they chose to include Unobtanium. I'm a little reticent to leave this little review of mine, here, since we're a community of hodlers, but I think they could use some support from us, (as I see they've tried to reach out a few times, I assumed maybe they aren't getting much UNO volume?) Well, at least I made a few small exchanges on there. I'm really glad that that service exists, now, and that they decided to include UNO!
I traded a little UNO for a crypto that we don't currently have a market for. The charge was a terrible about 20%. I noticed their BTC-LTC rates were much, much better, as volume clearly factors in.
If you do sell UNO on ShapeShift, I can clearly see that they are using the cryptsy
Bid to calculate their rates, and they dump it on the cryptsy market's bids immediately. ...So this is also a heads-up that
Unobtanium Community Bid support needs to be maintained, now. This is not an insignificant market development. Further, I wonder if they go to the highest Bids on the market with the requisite volume, or if they just use cryptsy? I'm guessing just cryptsy, but I don't know. I do know they used cryptsy tonight on my little trades.
ShapeShift is really easy to use, and simple, anonymous with no registration, and like FK said, really fast. They didn't have a chat person available, when I had a question, though.
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All that being said, our In-House exchange definitely beat them to 'dream come true', IMHO, although one
could argue a few points between the two. Hands down, our In-House blows them away....'Hmm, which will I choose? The In-House with ZERO premium costs or ShapeShift with 20% on some currency pairs?' I'll stick to the In-House, which accepts ALL currencies.
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Here are the only cryptos ShapeShift chose to include right now, a compliment to UNO!:
I think ShapeShift.io picking UNO might be the 1st non-individual currency exchange recognition of the potential that we community members see in Unobtanium. That's HUGE! Honorable mention does go out to Ismail Serter Gunay of Coaex.com (PM's for UNO) and to our chief developer Bruce Weiner, two iconic
individuals who had previously publicly recognized the great value intrinsic to Unobtanium, the cryptocommodity you keep!
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