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Russian Federation, Moscow
1 Level
23 Review
185.25 Karma

Review on SwapSwop by Alex Meshceryakov

Revainrating 5 out of 5

Simplicity is the key to success

When you first go to the company page, you are slightly perplexed by how minimalist the design of the pages is. The first emotion is that you will be cheated, but we always have an opportunity to walk through the pages and see, even make sure that the service is not a cheat, but just the lightest version of exchanger for the most popular cryptocurrencies.



img 1 attached to SwapSwop review by Alex Meshceryakov

Of course, of course, it is a guarantee of anonymity for the whole process of converting the desired currency. Of the minuses, perhaps I am not very attentive, but I did not see any commission and it would have been convenient to display the service's commission on the screen as well. I brought up the question about anonymity only because big exchanges, nowadays, very often require checking documents to withdraw funds, but that's not why we use cryptocurrency, right?



img 2 attached to SwapSwop review by Alex Meshceryakov



Because I didn't quickly get my bearings on how the platform worked, I went to read and learn how it worked and what needed to be done. It turned out to be quite a pleasant fact that all the rules fit on one page. You specify what you want to exchange for, specify the amount and type in your cryptocurrency, you need to send the required amount to their cryptocurrency, after that, you get yours, very simple, really decentralized way of exchange. It's not hard to guess that under the bonnet works a simple smart contract, which creates a conversion request and when funds are received, sends the necessary tokens to the person. As for the biggest disadvantages, I would like to point out the lack of active technical support (there is only an email format), which in the matter of money, especially if its value changes quickly, can play a key role. All the rest in general looks very stable and competent, but does not arouse confidence from the threshold, an acquaintance who used this service, told me that there were no problems, well, I bought for what I sell for, I say as it is. At the moment, this service is just developing, but it has positive potential, adding new tokens and the ability to actively communicate with technical support, will have a positive impact on your service. It would also be nice to implement interaction with wallets from browser extensions, but it is always done at your own risk. I very often prefer not to use it.Privacy policy and Term of use are fully described, which of course is great, it increases trust when you are honestly told what they are collecting about you and why, plus the company is actively developing partnerships, going to the partners page they are not there yet, but it looks promising that they will soon (just kidding), in fact this slightly reduces the legitimacy of the service, so, better get partners first and then only work on creating separate pages for them, to all who read my review to the end, I want to say a huge thanks, hope I will write something new quite soon!



img 3 attached to SwapSwop review by Alex Meshceryakov



Pros
  • Easy and minimalist service
Cons
  • There is a slight sense of mistrust

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