Topic: EasySwap.biz - fresh exchange format (Read 378 times)

Bitget did the same thing recently, and are still doing it, so many newbies flooded the forum and were mentioning bitget in every post they made, and it was obvious they were paid. This service have not taken their own shilling that far as i have only noticed it in this thread, but however, this cannot give any service a positive result, especially in a forum like bitcointalk.

How I hate services that use a bump or shilling service. It clearly shows that the exchange has dishonest practices and can never be trusted with one's money. So I advice members to take precaution when planning to deal with EasySwap.biz

If they attempt to continue using a bumping service. I am going to tag all the fake bumping accounts plus OP.

This is a big red flag and I advise the OP to stop this approach immediately. It will only have a negative effect. This kind of shilling technique for some businesses was overcome a long time ago, although I am not sure that it ever gave positive results.

Why are many newbies flooding your topic with recommendations about your service, it looks suspicious and feels like they were paid as shillers. I know there is no way for me to prove that, but take note that if that is the case, it can affect the reputation of your service in this forum. It is better to get good recommendations from users because they used the service and liked it, and not from shillers that were paid to say good things only.

I like how exchange works. The exchange is quick and I think that it is useful for people.

One more exchange in  EasySwap.biz. I was attracted by a good rate again 

It is a good exchanger. I was attracted by the rate of the exchange and I think that is has a good conditions, GOOD work, thanks 

It's not a bad exchange.
A lot of exchange directions, good and responsive support.
I have used the service several times, it's fine.
Of course for the exchanger there are a lot of extra tokens, which are unnecessary for a normal user.

Fast exchange. I like how it works. It is good and hornest. I choose this exchange because the rate here is better then in other exchangers. Thank you for a good work.

I made exchange here. I liked the rate of exchange and the good and quick work. Everything was OK and I recomend the exchange EasySwap.biz. Thank you 

I am also waiting for a bot in Telegram, so that you can also exchange there, it seems to be under development, still nothing. I don't see a bot.

A good exchange here. It offers the good rate of cryptocurrency. I made exchange here and it works good and the quality of the service is very high. Thank you.

I always trade here. Thanks for the instant exchange.
Great exchanger! Well done as always !!! And they are constantly developing and adding new networks.

The Ronin network has been added to the site.
The following assets are available for exchange: Ronin, Axie Infinity, WETH, USDC.
Successful exchanges!

I use this exchanger because it is simple and convinuent to work with it and it offers a very good rate on the market 

Important information!
Now we have a new Base network for ETH, USDC, WETH and DAI tokens. Please note that when creating an application, you must select the correct network. Our support is available around the clock, so do not hesitate to ask for help.
We wish you a pleasant exchange!

A good exchanger for the fast exchange of cryptocurrency for the profitable rate. 

The mail field in question is considered for notifications and the creation of a personal account. This does not affect the correct transaction in any way. But despite this, we decided to consider removing this field and started developing this topic.

As for blocking funds by AML. Yes, this is prescribed by the rules, but in practice we do not block medium-risk funds. The funds are being processed or are subject to refund. If we find out by AML that the funds are stolen, they will be blocked until the circumstances are clarified. We use specialized tools for AML.

Registration is not mandatory, but I still can't swap without a registered email. Isn't that a little contradictory?
If it is already necessary to have some connection between the user and the transaction, why not use signed messages or a letter of guarantee?


Entering a random email address and sending money afterwards is a huge risk, I'm not sure how you concluded that it's a good idea.

Also, you have some AML/KYC rules and as far as I've seen, in some cases, you will block funds. By what method do your Personnel or a specially trained specialist determine the risk?


Otherwise, I really like the interface, it would be a shame not to improve the platform.

Dear users. We hasten to inform you that it is time for the end of the promotion with the accrual of 10 EST for registration. But we decided not to close the promotion, but to reduce the remuneration.
 We leave a nice bonus for registering on the site in the form of 2 EST.  Do not miss the opportunity to receive our token and use it for a profitable exchange.
What is EST can be found here-->

I've exchanged the crypto here and even more than once. I like the exchanger. The course is good, it works honestly and clearly At least I have never had any problems with the exchanger.

People mistakenly think this service is P2P, in fact it is an exchanger that provides the ability to change cryptocurrency to bank cards, or cryptocurrency to cryptocurrency, different coins, the choice is good.
There is a cashback.

Thank you for your attention to our service! Good luck to you!

Thanks, that's a quick modification that you've made. Because I am comparing it with other swaps that they have fixed fees and have floating fees. But if you don't have fixed fees, that's okay since you're also relying to the market's motion and it's too volatile at all.

Okay, I'll take a look with that since you've provided a screesnhot of it. I don't operate this type of service but I think you have an idea on how competitive the rates of the others but still, good luck and thanks again for your prompt response.

We have simplified these steps to set the selected directions. On our website, you can save not only your favorite currencies, but also destinations.
To do this, select the desired direction and click on the star of the selected pair (it should be colored). Now the "Directions" group with your directions has appeared in the selection of directions.

https://i.ibb.co/sCBwZ8D/Screenshot-3.png
https://i.ibb.co/p22b3Rd/Screenshot-4.png

Thank you for your opinion. We will take your wishes into consideration.
According to the tariffs. Exchanges are conducted according to the website's exchange rate. We do not set fixed fees. Each direction has its own course and it changes depending on the market situation. Therefore, before conducting exchanges, please check the site's courses and be sure to pay attention to the warnings.

While that's like it's unimportant at all, it's better to just make it optional for anyone who doesn't like filling it up random texts on that field. There goes the transaction ID that basically someone can refer to and it's a unique ID that the user can present to you as their reference and just give them the reminder that it should be kept for any CS concerns in the future or if the transaction is delayed or so. About the rates, what can you say about that? Because it is not shown on how much percentage you charge per exchange that's done on your platform.

Dear readers and residents of the forum! Thank you for your interest in our site. We want to answer a few questions and clarify the situation.

1. We have set a mandatory field for the mail or telegram account. You can write anything there (randomly). But if you make a mistake in carrying out the operation, then we will need identification when contacting us. If you are sure that you will not make mistakes, then write any symbols in this field, for example @anonim. We carry out the exchange upon receipt of funds to the service account and send the funds to the details that you specified in the application. If you make a mistake and specify anonim in the login field, then be prepared for additional questions.

2. We are not a P2P exchange. Our project is an exchanger. In the future, we will use a hybrid : Exchanger + DEX, but this is not yet discussed and we will inform you about it upon the launch of updates.

3. We request identity verification only in cases where the user conducts an exchange from a bank account. We need to understand that a real user has come to us, and not someone who has taken over access to someone else's bank account. This is customer safety. All verification data is confidential! Verification does not affect the limits. We have no limits on exchanges at all. There is a maximum amount per application, but there is no limit on the number of applications.

4. EasyToken (EST) is an internal reward token from the EasySwap service. The cost of one token is (=) 1 dollar. This token is used to reward users for completing certain tasks, or it can be purchased from an exchange operation. The asset can be used as a discount in exchanges, or you can exchange the asset for other banknotes, electronic payment systems, a bank card or cryptocurrency. The token is also identified as an internal stablecoin and is used in the API system to reserve cash flow.
 Important!
Regardless of how the token was credited, purchase or reward, EST is available for withdrawal in any direction of the service in the full volume of the account balance without restrictions, but according to the terms of the service to a specific direction.
If the token is used in the application as an additional discount, then EST can be deducted from the balance in the amount of 20% of the exchange amount for the application. Example: You exchange $1,000, you can debit 200 EST from your balance and pay $800 extra to the exchange.

Registration is not required. Mail or telegram is requested to record the exchange history in case you need help. The identification of the request is based on the data that you specified when creating the request. You can write anything in the login field, but try not to make mistakes.

Hello. Yes, 1 EST= 1 USD.

Exchange rates are not encouraging compared to ID verification, I can do that at CEX and convert cryptocurrencies with zero fees and fixed withdrawal fees for all transactions.
Because they need your data to complete KYC, as there is a limit of $10,000 per account. If you exceed it, you will be asked to complete identity verification. Without creating an account it will be difficult for them to find out.

So do you mean it applies only in fiat transactions? if so, I don't think the statement on your AML/KYC page is clear enough.

I read about it and actually had the same interpretation as Yamane_keto

It leans more on 'in general' rather than for fiat transactions only.


It appears they take it as some sort of verification?


But I share the same sentiment as you. With many instant exchanges offering no kind of registration for swaps this will leave them a dent in terms of competition.

I've tried to play around with your conversion and it seems that you're charging quite high and I don't see how much % you charge per exchange.

I have noticed that as well. While most of the instant swaps I've used don't require email or it's just an optional feature, yours is making it as a mandatory requirement before proceeding the exchange and forcing people to agree with the AML/KYC policy.

According to what I saw when I tried to test their service. It's not P2P. It’s more of an instant exchange.

P2p exchange means Peer to Peer exchange, and it should not involve av third party. You should just check out how Bisq operates for learning purposes 

The interface looks elegant and easy to use. I tried the service without registering, but I was surprised on the next page that you were requesting email or Telegram. Why?

I mean, is it possible to use the service without registering? If the answer is yes, why should email or Telegram be registered? If this is a P2P exchange service, there should be privacy for users who do not wish to register and reveal their identity, and therefore it is not necessary to register email or Telegram.

OP, the board in which you made this announcement is the wrong one, you will probably have to move it to the Exchanges board
Is 1 EST pegged to 1 USD? Because on the website you say get 10 USD upon registration while on this announcement it's 10 EST

Hello. Our site has enough reserves. A large exchange will be required, come in, we will show and prove it in the case.
We do not ask for verification of the amount. Verification is required only in banking directions.
The internal EST token can be withdrawn from $ 50, or they can cover 20% of the cost of applications for subsequent exchanges.

I did not find any POR (proof of reserves). However, the page https://easyswap.biz/reserve/?action=reserve&group=crypto is not updated. I visited it 3 times during the past hour and did not find a change in the numbers. Is it updated periodically or EasySwap.biz does not have enough demand.

I see that you require identity verification when the total transactions reach $10,000 or the equivalent in cryptocurrency, so why do I not receive a warning about the remaining amount after creating the account?

There are some conditions that clarify that you can close the account for internal reasons, so why do you not offer a refund service if the deposit amount violates your terms of use?

https://easyswap.biz/aml/



This is true, after creating an account, I got 10 EST, but the surprise is that I cannot do anything with it, as the minimum withdrawal amount is 54 EST.

 
 Welcome to EasySwap.biz !

This is a multifunctional and secure exchange service that you can fully trust in working with money. Our main aspiration is to create the most comfortable and simple conditions for our customers in compliance with all security measures.

Our interface is designed in such a way that any user can easily exchange their cryptocurrencies or fiat money in a matter of minutes. The speed of our service is ensured by our professional team with years of experience in the industry. We take care of our customers and have a sufficient reserve of finances.
In addition, our service has good partnerships with many other projects, which allows us to further expand our capabilities and offer unique conditions for our customers.

Try it yourself - register on our website and exchange your funds with ease. We give 10 EST to each new user as a thank you. We are sure that ease, comfort and speed will become your friends when working with us.

You can read reviews about our work and write your review on the sites:
bestchange
trustpilot
mywot


Sincerely, the EasySwap team!


Our contact information:
Support Service-1: [email protected]
Support Service-2: [email protected]
On cooperation issues: [email protected]
Telegram support : click

We will answer any questions and consult you. Support is available 24/7.