Review on SwapSwop by Sergey Stetsenko
Fast exchanger with not the best rate and interest
What can be said about the swapswop project.
When you need to quickly exchange bitcoin for ethereum and you go looking for an instant exchanger, then most likely you will find this project on the first pages of search engines and you may think that this project is convenient and safe! How will you be mistaken, and not even in the fact that this project is safe, but in the honesty and decency of this project!
This site positions itself as a fast and simple exchanger with simple interfaces, a decent rate and simple steps so that you get what you want, namely the exchange of bitcoin for ethereum and vice versa!
They publish the course on the main page of the site and it is extremely tempting for a simple user. Therein lies his deception! You will only know the real rate after you send your coins to their wallet, and in most cases it will surprise you extremely, since it is seriously different from what is shown on their main page!
Technical support and terms of use hide these "little secrets" from users by luring them with a good and profitable rate!
When trying to get in touch with tech support, you'll soon find that social media is as popular as raising a toast to the Queen in Ireland!
Representatives of this company behave extremely uninterested!
Respond to messages for a long time and extremely unwillingly! They constantly refer to some links in documents that are deeply hidden not even on their website, but on third-party resources!
I also want to note that the problem with the wrong exchange rate is aggravated by the commissions of the exchanger itself, which are also not indicated in the initial cost when exchanging currencies!
If you are satisfied with the rate and commissions of this company, then I can move on to the advantages of this company. They are also available because we have an objective review.
The exchange speed is fast enough with a minimum number of actions, which will allow you to change cryptocurrencies at any time if necessary and not waste time transferring money to exchanges and selling and buying currencies on them!
In conclusion, I can say that I would not recommend this exchanger for use if you have time to use better and more profitable currency exchange options, but if time is limited and there are no other options, you can consider it as a fallback. In any case, any actions must be hung and active DYOR! Remember that you are the only one responsible for any wins operations in cryptocurrency! Be careful in your actions!
I talked with colleagues who use this service, and came to some conclusion. The service not only takes large commissions when transferring, but also the ETH system takes a fairly large percentage of commissions for itself, which makes this service extremely uneconomical if you transfer an amount that is not very large.
With large amounts, I would also not recommend using this service, since it still does not meet security guarantors.
- operating time and exchange rate
- biased exchange rate and high interest rates
