Topic: Need feedback for my one click trading app (Read 227 times)

The great thing about crypto, if you use it correctly and don't rely on centralized exchanges, is it's trustless. I literally have no way of taking your funds. Your coins never leave your wallet. Before you interact with the kyber network smart contract you can review and sign the transaction from your metamask wallet.


If I understand this question correctly, tokenfolio.cc does this already. It looks at your old portfolio allocation and your new portfolio allocation and performs the minimum amount of trades to the kyber network to facilitate the order.


This product will only rely on DEXES for the backend and never connect to a centralized exchange.
It depends on how you define expensive, if you look at the whole picture it could be more expensive to use binance.

1. To move coins to binance you have to send coins (transaction fee) and then wait for confirmations
2. make trades (taker/maker fees)
3. remove the coins back to your wallet (binance withdrawal fees)

With the kybernetwork you sign the transaction from your wallet, pay gas fees (that you can choose) and your new coins appear in your wallet.
By using a dex you gain not only convenience, possibly even lower fees, and security as well (exchange can't run off with your coins or get hacked)

Thank you for the feedback! It's very helpful for me so I can see what users want.

If it has got the potential to catch my eye, why wouldn't I?
If your app is really trustworthy and is trusted by many people with great tech knowledge, I won't be scared of using it.


So am I forced to use it on a DEX only (i.e. the kyber network) or can I also try my hands on exchanges like Binance with this product? That's because the fees are quite expensive compared to Binance.

Thank you for the feedback!

1. I use the kyber network for my backend. I plan on integrating other backends like airswap and 0x to add more tokens and use the lowest fees
2. Fees on trades are 0.25% currently on kyber network. Since I'm a referrer to the kyber network I get a small % kickback from kyberswap on those .25% fees

Shrimpy is doing some really cool things. The difference between our products is that you have to trust them with your binance api keys and in theory it could get hacked. Mine uses a web3 wallet and is trustless so you are always in control of your keys.

Nice UX. I appreciate how clean it is. A few questions -
1. What exchanges do you use?
2. Are there any fees beyond the gas price?

Also, have you heard of Shrimpy? They do something similar.

Hi guys,

I would like to get some feedback for my app that I developed over the last few months. I truly believe that cryptocurrency is revolutionary and I want to contribute to the cryptocurrency community. I've always been a fan of dexes and non custodial exchanges, but it is hard to see everything in your ethereum wallet all at once. Also, if you want to balance your portfolio to certain percentages you had to do manual trades and math. Ain't noone got time for that!

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I'd love to hear your feedback!

• Would this product be useful to you? Would you use it regularly?
• What would you like to see changed?
• What could I do to make tokenfolio better?