SIMPLE SWAP  Exchange

Understanding what cryptocurrency is in the digital age is not easy, especially for ordinary people. However, the presence of digital currencies is increasingly in demand as an investment instrument. This is because the value in cryptocurrency continues to experience fluctuations from time to time. For that, so as not to be out of date, you need to understand definitions, basic concepts, to the cryptocurrency transaction mechanism. Here are the reviews!

What people tend to forget is the fact that as much as the crypto industry is developing, it is also faced with various challenges that must be overcome if we want to witness the mass adoption of cryptocurrency.

The majority of problems that interfere with the cryptocurrency industry are those that conflict with what cryptocurrency is and should be. I talk about problems such as a large dependence on a centralized system. To break this down, let's look at the processes involved when trading between fiat and cryptocurrency.

Cryptocurrency should be naturally decentralized, which is why the majority of people there are interested in technology. Decentralization eliminates intermediaries which make the whole system far more resistant to malicious attacks and internal problems.

Although this is an idea that people have about cryptocurrency, the situation on the ground is different. Many fiat-to-crypto gateways rely heavily on a centralized transaction processing system and complex asset storage. As a result, there are many problems caused by this.

SIMPLE SWAP is an amazing cryptocurrency exchange that I encountered that aims to offer solutions to some of the main challenges currently affecting the cryptocurrency industry in general. For example, on this problem of over-dependence on complex centralized systems, SIMPLE SWAP offers a simple solution for not storing user funds at any point in the exchange process.

The main highlight of this exchanger is its complete anonymity: no need to register, you don't need to share any other personal information (no KYC procedure is required). Some action is required: an indication of a partner to exchange, an amount and a wallet to receive coins.

There are also coins on the site that are very difficult to sell using traditional conventional methods, for example through exchanges, which take a very large percentage for trading and withdrawal, and also take a long time.

This service also has a referral program. This allows anyone who invites an exchange to earn up to 90% of all commissions for a certain exchange amount. The prize is equivalent to Bitcoin. An accessible API is also logged, which allows you to embed a mini window to share to third-party sites, for example, Steemit.

SimpleSwap has developed a new generation system that allows you to trade as many subcoins as you want without lack of liquidity and reliability by following very simple steps. When you want to buy a token or sell it, you can make transactions through SimpleSwap without technical knowledge. I will talk about the process steps to open the process a little more.

From the SimpleSwap menu, you choose the currency you want to trade.
After the swap process, you enter the address of your wallet where you want the money to be deposited.
You send the currency that you want to send to the address specified for trading.
Your new currency or token that you want to receive is automatically deposited to your address specified in the second step after the transaction is approved.

As you can see, you can do the shopping you want in 4 small steps easily and reliably. You can now enter the SimpleSwap website and exchange more than 300 currencies. The currency you want to trade does not have to be on the same network, for example you can trade between two currencies based on Ripple and Ethereum. The project team continues to work to make more currencies exchangeable.

Yes, there are similar ones on the market, but there are features that make SimpleSwap different from the others. First of all, we talk about platforms that have been running for more than a year. The biggest disadvantage of this type of swap site is that they don't have enough money behind it and SimpleSwap has more than enough reserves. On other swap sites, the fees charged for clearing are very high, while on the SimpleSwap platform, these fees appear to be kept to a minimum.

Site Features
In principle, something similar is already on the market, so that the emergence of new applicable competitors, which already exists in the BestChange aggregator, will not be overdone.

By the way, this aggregator reports that the amount of reserves at SimpleSwap exchangers is 4.3 billion USD! The age of the exchanger at the time of writing is 1 year and 5 months, which is already substantial. In the aggregator above there are positive reviews about the work.

The number of tokens available at any time of the day or night is extraordinary: there are more than 300 types! At the same time, the SimpleSwap exchange team continues to work to add new coins. If you have questions about work, technical support also works around the clock.

SimpleSwap has no minimum and maximum number of exchanges. The only thing to consider is the commission on currency transactions. On the exchange site it is written that the exchanger does not charge any other fees.

How do you make an exchange?
To make an exchange, you must go to the SimpleSwap exchange site. As noted above, registration is not required, so you can resume operations immediately.

Choice of currency pairs that shows the number of coins given. Automatically, according to the course, the number of the second coin will be calculated.

Fill in the fields where you want to specify the wallet to exchange.
And that's all. Press the share button and wait. On average, the wait lasts 5-10 minutes, depending on the load on the blockchain. It must be remembered that the exchange rate during the transaction may differ slightly from the estimated exchange rate due to high currency volatility. Thus, the value of coins at the time of the transaction can go up and down.

The benefits

Various swap coins
SimpleSwap supports more than 300 coins available for exchange.

24/7 support
Our friendly and skilled support team will help you when you need it.

Reliable exchanger
We have no mass system failures. 99% of the time SimpleSwap is ready to use.

User friendly interface
We make the crypto currency exchange process easy and convenient for everyone.

SimpleSwap Coins

SWAP Token
SimpleSwap Coin (SWAP) is the first token issued by an instant cryptocurrency exchange platform. SWAP will function as an internal currency for SimpleSwap customers. When SimpleSwap grows fast, tokens will be very popular

SWAP Utility Value
SimpleSwap Coin tokens will function as a Loyalty Program and will provide benefits to holders, such as cashback on exchange, voting for currency lists, affiliates and prize prizes, special support and many more features to come.

List exchange
SWAP will be registered on the trading platform in October 2019. Until then, tokens were only available as exchange gifts and as gifts.

How do you get SimpleSwap Coin?

• Exchange cryptocurrency on SimpleSwap and receive SWAP tokens as gifts
• Participate in prize campaigns and get prizes in SWAP (starting on September 30)

Roadmap
Launch - April 2018
Supported 100 Coins
Public API - NOVEMBER 2018
Fixed exchange rates are introduced
Launch of Affiliate Program - JAN 2018
250+ Coins Supported
SWAP Token Launched - SEP 2019
Launch of the SimpleSwap Loyalty - OCT 2019 Program
List of SWAPs on the Main Exchange - NOVEMBER 2019
More features for SWAP holders

For more information, click the link below:
Website: https://simpleswap.io/?utm_source=BountyANN
Whitepaper: https://simpleswap.io/token?utm_source=BountyANN
ANN Thread: https://bitcointalk.org/index.php?topic=4187686.msg38322552#msg38322552
Telegram: https://t.me/SimpleSwapChat
Facebook: https://www.facebook.com/SimpleSwap.io/
Twitter: https://twitter.com/SimpleSwap_io

Author: Yassin
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=996224