Welcome to the forum. The industry has woken up to the need of kyc-less swapping. More and more of this services are emerging.
This is beautiful for lower and medium range swappers. Some projects have their min swap as $100, I have to think who their target markets are.
We have a public page full of information about our liquidity, but we've decided to not share the hot wallet addresses publicly.
If any member with a bit more reputation wants to confirm the liquidity by us sharing the hot wallet addresses - feel free to contact us and share the result with the people afterwards.
A promotional manager can help out here and also arrange for your promotion in this forum. You can reach out to
IcopressIf you have any concerns about your assets, you can always send us an email via the contact page.
Do you have a more private means of contact apart from emailing?
Monero fee will likely be lowered in the next 1-2 months, but it will always remain slightly higher than the other assets due to internal reasons.
Consider to reduce, it seems a few of your competitors have a better rate. Could the internal reasons of higher fee for Monero be liquidity issue?
Guarantees: we don't believe in locking 50k worth of assets (or whatever the amount is) when we can put the money to use. We've messaged the moderators of kycnot.me in our application that we'll give them funds to test out our service and if any other person with reputation wants to contribute to our campaign of boosting the community's faith in us - feel free to DM us. Time will make the people trust us, not money.
You don't have to lock down 50k. Anywhere 5k to 10k for a start is acceptable. The security fund doesn't form part of your reputation but it gives you soft landing. You could deposit 50k and still be called out for unethical practices.
Q: This is beautiful for lower and medium range swappers. Some projects have their min swap as $100, I have to think who their target markets are.
A: Indeed. Also, the swap fees made from such swaps are negligible (if we don’t have thousands of clients per day), so we’ll probably make sub-50 dollar swaps have 0.5% rate.
Q: A promotional manager can help out here and also arrange for your promotion in this forum. You can reach out to Icopress
A: Sure, we’ll look into it and thanks for the suggestion!
Q: Do you have a more private means of contact apart from emailing?
A: Currently, no. We have a ticketing system in the works and this should sort out this aspect of the privacy.
Q: Consider to reduce, it seems a few of your competitors have a better rate. Could the internal reasons of higher fee for Monero be liquidity issue?
A: We’ll consider it. It’s related to liquidity issues, yes.
Q: You don't have to lock down 50k. Anywhere 5k to 10k for a start is acceptable. The security fund doesn't form part of your reputation but it gives you soft landing. You could deposit 50k and still be called out for unethical practices.
A: Sure, we don’t mind, if it’s a standard around here.