Topic: [Exchange] Coin-Swap.net | A very different exchange - page 7. (Read 16043 times)

I have had mixed results with coin-swap. On multiple occasions orders have been canceled by the other party (seller) after I had already confirmed the transaction and sent relative payment.  Moreover, I have had issues with losing coins coming out of coin-swap or 'kicking-back' after a failed transaction. On the later issue I do not know if this is the fault of coin-swap or the wallet client that I was using at the time, which I have since ceased using-- I should say though that this is the only time I have ever lost crypto in cyberspace. A third, is that in trying to scoop up coins that were obviously mispriced by the seller, as they were incredibly inexpensive compared to the trade value on other exchanges, they were held by 'coin-ex' and not cleared-- when I inquired I was told that the order was obviously in error and that they had canceled it. Some might like this feature, and it is a representation that they are trying to steward honest 'handshake-cointrades', but it kinda grinds my gears nonetheless. My general take away is that I don't hate coin-swap, nor do I think they are fraudsters. The site clearly fills a much needed niche within the crypto-world, and I will surely continue to use coin-swap infrequently as their is no operable substitute.  Anytime I have emailed them they are quick to respond and eager to help-- surely the biggest positive around.

very fast and professional response times to my queries.

excellent service and site - recommend to anybody !

It's developer is very attentive to questions and provides fast and easy support, but i have been unable to make a trade at this site yet.
I don't know why nor the developer, when i try, i get an error message all the time "THE TX AMNT MUST BE A NUMBER" and "THE RCV AMOUNT MUST BE A NUMBER"

I think that coin-swap is smart in the way it tackles many of our concerns as users - keeping BTC/coins at an exchange and hope they don't get hacked. you don't keep anything at the site - just complete your desired trade and keep it moving. no registration. no email address getting leaked, or passwords getting exposed and re-used to steal your email/coins.

It's fast, the guys behind the site are great support. I had an issue where I setup a trade and sent my coins to the trade wallet but while the coins are getting confirmed I accidentally canceled the trade. I thought all the coins were lost. A quick email later and I had my coins back in my wallet. Thanks guys!

So, to conclude, coin-swap is going places. and I'm glad we have FOX up on there. Happy swapping!

I sent the dev an email and within minutes he spotted me on IRC and addressed my question. Very responsive and very easy to deal with. +1 coinswap

+1

Coin Swap works great if you have agreed to trade with someone and need an escrow service.  

It also works with a ton of pairs, it doesn't have to be just btc.  

For example, you can agree with someone on the forum to trade ReddCoin for BeeCoin and work out the deal on CoinSwap without having to worry about converting to btc and do it safely in a neutral environment.

The customer service response is quick too!

WE HAVE HAD GREAT SUCCESS TRADING DOGE AND REDD COIN ON COIN SWAP .I HAD 1 INSTANCE THAT MADE ME EMAIL SUPPORT I DIDNOT SEND ENOUGH COIN FOR TRANSACTION .COINSWAP IMMIDIATLY CORRECTED THE MISTAKE .THX AND KEEP UP THE GREAT WORK

When I got in contact with this site, I had a small error with a purchase (I had omitted to include enough btc for the transfer fee, foolishly) I received immediate feedback, the situation was instantly resolved and upon discussion with Ian, I was able to communicate that I was also interested in trading benjamins on his site. After a brief discourse on allaboutthebenjamins thread I checked my email and he was already working on listing the coin THE SAME DAY.  I have done trades for 42, 21, benjamins and bitcoin on this site all executed flawlessly (excepting the first trade which was an error on my part)  I highly recommend this site and would like to see the volume increase, it is a great format and you can sell or buy coins using forums/chats/emails/facebook etc, with no need to register. This site is not just good competition for existing exchanges, it offers a freedom in trades that is unique and of value. Imho.     +1

So easy to setup a trade! I am a complete noob and just really don't understand much of this trading stuff, but this site made it very easy for me. A trained monkey could do it. Hell, I did and my wife would consider me a trained monkey! Try it, you'll be glad you did! I posted this same thing on Reddit to get the word out. I love simple.

This is probably one of the most trusted and easy to use services to exchange coins available. It has great stability and potential!

Definitely recommend using this service!

Great service, I will be using you again.
Highly recommended!

The Benjamins community is very happy to be a part of your site. Thanks!

I am very happy with everything I've done with coin-swap. It is a great exchange. They responded so quickly to my email the one time I sent them a support question.

really good website, very uncluttered, being totally blind this is important, very responsive and friendly developer. Hope he sets up a multi wallet of some sort.

Awesome service. I have been using it for a few weeks now and it's great.  Keep it up!

Have been using Coin-swap for the past few weeks and have been very happy with the site and the developer. Highly recommended-

How does it work?
One person starts by creating a trade and setting up the trade conditions. You select what coin you are selling along with a price, much like you would at any other exchange. Once the trade is setup you deposit those coins to a unique deposit address created for that trade. The trade is posted in the market where anyone can browse and accept the trade. You are also provided with a public link to your trade that you can post anywhere you like. Here is an example: https://coin-swap.net/trade/publickey/zJQsLGUS

You can post this link here on Bitcointalk, reddit, twitter, irc channel, wherever you like! Anyone that goes to the trade can accept the trade if they like the conditions. Once someone accepts the trade, no one else can accept the trade. The person that accepted the trade is given a deposit address to send their coins. Once both deposits have been confirmed, the trade is executed and both parties receive their coins in THEIR wallets!

What is the best feature of Coin-Swap?
It is EASY and very friendly to new traders. You also don't have to deposit hundreds or thousands of dollars of coins into an exchange and hope they keep it safe. It is also very mobile friendly. Trade right out of your device's wallet program!

I don't have to deposit and keep my coins in an exchange wallet?
No way! Keep your coins on your device in your wallet! You only send in the amount of coins to complete the trade.

Is it an an exchange?
Yes. Coin-Swap has THE MOST market pairings of any exchange with over 1,080 pairings! You want to trade Vertcoin for Potcoin? You can! You want to trade Mintcoin for Reddcoin? You can! You can trade any coin for any other coin on the site.

Is it an escrow?
Yes. Do you have a pre-arranged trade but are stuck with "you send first" scenario? Coin-Swap can also act as an escrow service for private trades. Simply select the trade as Private when you set it up and provide the other person with a link provided after the trade is completed. They click on the link and complete the trade. It's that simple!

What are people saying about Coin-Swap?


A word from the developer
Hello, my name is Ian. I got the idea of Coin-Swap the day after I started mining DOGE, which was DOGE day 1. For those that remember, people were trying to trade DOGE through a Google docs spreadsheet maintained by a single person (you were a hero). For the next 6 1/2 weeks I worked to put together Coin-Swap. I learned a tremendous amount and pre-launching the site on January 28 was a reward in itself. Since then we have been in alpha testing and have had tremendous support from the community and a great deal of feedback. I'm sure many of you will recognize some of the features that have been added because many were your ideas! What we have now is a very unique type of exchange that is social and easy to use. If you are interested, take a look and if you have any suggestions, feature requests or even criticism I would love to hear it. Please email me at the email address listed at the site.

Links
Coin-Swap.net
Market
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