They state instant transactions, but then state it can take 2-15mns to take place.
If we are waiting for the first confirmation transaction to start the exchange process, what is your opinion, how long does it take? Less than two minutes for both transactions?
The also state the exchange rate can change from what’s quoted due to market volatility.. and there was no reason to read more or point out the other ridiculous statements. This is without question a shady af project..no way it’s not a scam.
Honestly, this is quite a real thing, that the exchange rate changes during the transaction process and it's out of their control. That argument is not really a basis for claiming that "no way it's not a scam" for someone.
You testing me with your first question? lol. A confirmation is entirely dependent on what coin is being transacted, the fee you set, the blockchain “flow”, etc. Do you concur with my opinion ? Lol
They way I read it, which is extremely vague and poorly written really ( and I read it kinda quickly and even if I misread that, it doesn't change a thing)..when doing an exchange you might pay $-x for btc-x. During a confirmation period the $x value tied to a coin almost 100% will be different as coins have a 24/7/365 open buy/sell market. Now depends if im buying at market, or setting a buy limit purchase, of course... I’ve never seen an exchange not be pre-set when buying to a buy limit order (or a coin swap for that matter as this wouldn’t even apply then as there’s no sales other than the exchanges cut, since it’s a swap). So I agree to pay $200 for .1 btc ..that’s what occurs. I am going to get the .1, though its $ value might be $180 or $220 when received..of course. I read it as you might pay $200 for .1btc but get .098 (again could have read wrong, doesn’t matter, this project is absolutely not legitimate).
Tech stupid but as a FA and someone who’s been around for a decade.. I know the basics. I also know how to spot scams, I do a lot of scam busting for work and in the crypto space . It’s easy to spot scams when you know what to look for. This is obvious as all hell.