"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.
Visit,
www.coinexchanger.comso 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