Reasons why opting for a cryptocurrency exchange aggregator is a good choice

Swapzone_pr

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Quote from: SFR10 on October 27, 2021, 06:18:25 AM

Quote from: Swapzone_pr on October 26, 2021, 05:22:50 AM

an exchange aggregator platform partners with multiple exchanges
~Snipped~
thanks to the amount of partners

If I were you, I would've not referred to them as your partner since you're just using their APIs.
^{- It doesn't matter if there are certain platforms out there that inappropriately use that term (at the end of the day, you're not their partner and they're not yours).}

Quote from: Swapzone_pr on October 26, 2021, 05:22:50 AM

4) Do I have to go through a registration process?
You don’t have to sign up and pass verification to use the service, you can convert cryptocurrencies anonymously.

That's also incorrect! They're indirectly using "other services" through your platform and those exchanges could/might ask for various things:

Quote from: https://archive.fo/dZ9SV#selection-1039.0-1039.109
Please be aware that some of the listed services may perform AML/KYC procedures to prevent criminal activity.

1) That's we call each other mutually, that's not our initiative, cause we cooperate on the terms of partnership.
2) We personally do not ask for a registration and we provide the information whether exchange has no KYC.

It's still important to hear comments like yours, so thanks

SFR10

legendary

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Crypto Swap Exchange

Quote from: Swapzone_pr on October 26, 2021, 05:22:50 AM

an exchange aggregator platform partners with multiple exchanges
~Snipped~
thanks to the amount of partners

If I were you, I would've not referred to them as your partner since you're just using their APIs.
^{- It doesn't matter if there are certain platforms out there that inappropriately use that term (at the end of the day, you're not their partner and they're not yours).}

Quote from: Swapzone_pr on October 26, 2021, 05:22:50 AM

4) Do I have to go through a registration process?
You don’t have to sign up and pass verification to use the service, you can convert cryptocurrencies anonymously.

That's also incorrect! They're indirectly using "other services" through your platform and those exchanges could/might ask for various things:

Quote from: https://archive.fo/dZ9SV#selection-1039.0-1039.109
Please be aware that some of the listed services may perform AML/KYC procedures to prevent criminal activity.

Swapzone_pr

newbie

Activity: 42

Merit: 0

Quote from: Darker45 on October 26, 2021, 07:51:37 PM

First and foremost, are you really the PR person of Swapzone or are you, in your own words, simply vouching for it? If you are simply vouching, then this is by no means an announcement thread and shouldn't be in this specific section. But if you are a legit staff of Swapzone tasked to create an announcement thread here, please do it in a more direct way, unlike the way you are doing it now.

Quote from: Swapzone_pr on October 26, 2021, 05:22:50 AM

I really am a part of the Swapzone team, and you have a point, got it

Swapzone_pr

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Activity: 42

Merit: 0

Quote from: Darker45 on October 26, 2021, 07:51:37 PM

First and foremost, are you really the PR person of Swapzone or are you, in your own words, simply vouching for it? If you are simply vouching, then this is by no means an announcement thread and shouldn't be in this specific section. But if you are a legit staff of Swapzone tasked to create an announcement thread here, please do it in a more direct way, unlike the way you are doing it now.

Quote from: Swapzone_pr on October 26, 2021, 05:22:50 AM

Questions that you may have:

1) Do I have to pay extra fees for transaction?
Many aggregators don't charge any extra fees, you pay only blockchain fees and exchange partner's exchange fees.

2) What if I need a specific token?
Well, usually thanks to the amount of partners that these platforms have, they support a lot of different coins and tokens.

3) How can I trust such a platform?
Exchange aggregators do not process user funds in any way...

4) Do I have to go through a registration process?
Usually, you don’t have to sign up and pass verification to use the service...

FAQs are supposed to be questions pertaining to the platform you are promoting, in this case Swapzone. So you don't provide general responses. The questions refer to Swapzone. Why respond vaguely?

Those are actually the questions that I found about our competitors, they're not vague, It's just that I can't generally speak for all aggregators, but I can directly answer any kind of questions about Swapzone

Darker45

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First and foremost, are you really the PR person of Swapzone or are you, in your own words, simply vouching for it? If you are simply vouching, then this is by no means an announcement thread and shouldn't be in this specific section. But if you are a legit staff of Swapzone tasked to create an announcement thread here, please do it in a more direct way, unlike the way you are doing it now.

Quote from: Swapzone_pr on October 26, 2021, 05:22:50 AM

Questions that you may have:

1) Do I have to pay extra fees for transaction?
Many aggregators don't charge any extra fees, you pay only blockchain fees and exchange partner's exchange fees.

2) What if I need a specific token?
Well, usually thanks to the amount of partners that these platforms have, they support a lot of different coins and tokens.

3) How can I trust such a platform?
Exchange aggregators do not process user funds in any way...

4) Do I have to go through a registration process?
Usually, you don’t have to sign up and pass verification to use the service...

FAQs are supposed to be questions pertaining to the platform you are promoting, in this case Swapzone. So you don't provide general responses. The questions refer to Swapzone. Why respond vaguely?

mk4

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📟 t3rminal.xyz

Quote from: DooMAD on October 26, 2021, 06:26:54 AM

Think about it. Adding more people who want to get paid into the equation doesn't logically make things cheaper.

It can. Not 100% of the time, but it definitely can especially if certain platforms and/or trading pairs has insufficient liquidity. Slippage can eat into your buy/sell orders far more than the extra fees aggregators get. It just sounds pointless in the surface, until you dig deeper.

franky1

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if its as described just a website that shows say 10 exchanges live price. then there is no issue.

if it asks for the customers login details of the customers 10 exchange accounts, to allow the user to make trades via api's linked through the aggregator. then big no no. i see security risks

DooMAD

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Leave no FUD unchallenged

Quote from: mk4 on October 26, 2021, 06:08:12 AM

What's so bad or controversial about it? Any specific service aside, aggregators in general just lets you pick which exchange gives you the better/best deal with price and fees. Of course some of such services are going to be bad, but this applies with any other service in general inside and outside the cryptocurrency space.

Think about it. Adding more people who want to get paid into the equation doesn't logically make things cheaper.

Quote from: Swapzone_pr on October 26, 2021, 06:03:31 AM

So you're saying that you don't use aggregators to choose tickets for example?

Aggregators for tickets in particular is a really bad example, because their supply of tickets is finite. I often find for gigs and shows, if you go direct to the venue's own website, you can often still get standing tickets when the "big" ticket sites say they've sold out of them.

mk4

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📟 t3rminal.xyz

Quote from: DooMAD on October 26, 2021, 05:58:58 AM

So now there are middlemen for the middlemen? Yeah, that sounds like progress. Roll Eyes

What if I launch a new service which is designed to help people decide which aggregator to use? Am I really helping others? Or just helping myself to a slice of the pie?

That entire business model needs to go in the trash.

What's so bad or controversial about it? Any specific service aside, aggregators in general just lets you pick which exchange gives you the better/best deal with price and fees. Of course some of such services are going to be bad, but this applies with any other service in general inside and outside the cryptocurrency space.

Swapzone_pr

newbie

Activity: 42

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Quote from: DooMAD on October 26, 2021, 05:58:58 AM

So now there are middlemen for the middlemen? Yeah, that sounds like progress. Roll Eyes

What if I launch a new service which is designed to help people decide which aggregator to use? Am I really helping others? Or just helping myself to a slice of the pie?

That entire business model needs to go in the trash.

So you're saying that you don't use aggregators to choose tickets for example?

DooMAD

legendary

Activity: 3948

Merit: 3191

Leave no FUD unchallenged

So now there are middlemen for the middlemen? Yeah, that sounds like progress. Roll Eyes

What if I launch a new service which is designed to help people decide which aggregator to use? Am I really helping others? Or just helping myself to a slice of the pie?

That entire business model needs to go in the trash.

Swapzone_pr

newbie

Activity: 42

Merit: 0

To begin with, an exchange aggregator platform partners with multiple exchanges and offers users an integrated and simplified experience. Thus, you don't need to skip to multiple exchanges, you can receive all the information needed at a single platform.
Furthermore, price comparison becomes simple and instantaneous you are able to make an informed choice.

Questions that you may have:

1) Do I have to pay extra fees for transaction?
We don't charge any extra fees, you pay only blockchain fees and exchange partner's exchange fees.

2) What if I need a specific token?
Well, thanks to the amount of partners, we support more than 400 coins and tokens.

3) How can I trust such a platform?
We do not process user funds in any way, but only provide information at a favourable rate. The exchange takes place through well-established services.

4) Do I have to go through a registration process?
You don’t have to sign up and pass verification to use the service, you can convert cryptocurrencies anonymously.

The service, which I vouch for without doubt is: https://swapzone.io

Topic: Reasons why opting for a cryptocurrency exchange aggregator is a good choice (Read 169 times)