"We do not deal with traditional banking instruments."
- do you keep fiat currencies in caves? and how your customers are able to deposit/withdraw fiat currencies?
"We will never have our funds locked or frozen."
- please explain how you achieve that and how can you guarantee it?
I will answer in two words. Liberty Reserve.
so you are purely dependent on 3rd party and are saying it's not the same as it was with Paxum for other exchanges..
I still don't understand how you can claim "We will never have our funds locked or frozen." when yours and your customers funds at hands of a 3rd party or maybe I just don't understand something about LR
I tried setting up LR account a while ago, didn't see any direct methods of getting funds in and out from the US, their site recommended using some other expensive 3rd party exchanges for loading/unloading funds from other online wallets and payment services at which point I gave up, to me that system besides being more complicated also seemed too offshore-ish in addition to being fairly costly.
good luck with your exchange but I personally won't touch LR