Went through the article and understood the way freebitcoins.com function taking the market price of poloniex as the reference for the swapping of cryptocurrency. I haven't tried the swap, but when there is swapping access for clam which is listed in one or two exchanges surely more other coins can be swapped easily.
We are about to roll out something way bigger than Swap.
Swap works GREAT on our end, but we can't keep up with our customers and these other exchanges... suck (to be nice). The whole point of Swap is we don't tie customers funds up because I keep getting pwned.
We are building an inhouse exchange. We are completing the final touch-ups these past few days. The exchange will be open to the public. Swap will stay around because it's supposed to serve people looking for fast confirmations on small trades.
It's the real deal. Strictly crypto2crypto. No fiat quotes. No gambletrading (leverage, shorts, etc). Just straight up crypto2crypto and we are charging .5% each side of the trade... it's higher than the industry average but meh.
We are really excited to say the least.
I'll read through this tomorrow and see if I disagree with anything. I sent you merit just because you took the time to do anything. I appreciate that truly.