CoinSwitch.co: Best platform to exchange Ripple

[Speed]

CoinSwitch.co is the first cryptocurrency exchange aggregator. 

It has integrated main cryptocurrency exchanges. So will get the best rate of all your altcoin conversion at one place.  

It currently supports more than 100 cryptocurrencies and more than 4500 currency pairs for conversion.

This is also the best platform to exchange Ripple: https://www.coinswitch.co/exchange/btc/xrp/0.1

Edited August 5, 2017 by Speed

[Hodor]

@Speed This looks a bit different from the usual exchange - just curious what the business model is?  I went to CoinSwitch FAQ, and noticed this statement:

Quote

CoinSwitch is a cryptocurrency exchange providing the best exchange rate on transactions by aggregating all major exchanges and comparing their rates in real time. We never charge any commission.

Logically I'm trying to figure out where CoinSwitch makes its money. 

Thanks for dropping in & I appreciate any additional info! 

[Sharkey]

36 minutes ago, Hodor said:

@Speed This looks a bit different from the usual exchange - just curious what the business model is?  I went to CoinSwitch FAQ, and noticed this statement:

Logically I'm trying to figure out where CoinSwitch makes its money. 

Thanks for dropping in & I appreciate any additional info! 

Hmmmmmm...does it have verifiable history or any ratings posted anywhere?  

[Sharkey]

I'd be a little cautious.  I don't know how reliable this rating is, but something to consider.

https://www.scamadviser.com/is-coinswitch.co-a-fake-site.html

[one_giant_leap]

It's like booking.com but for cryptocurrency (perhaps even monetization scheme is the same). It's just showing to you the best rate.

Yeah, maybe "Speed" somehow related to this site but I don't see this as a problem (everybody somehow need to promote their product) and I think there is nothing to worry about because you can always go directly to exchange.

Edited August 6, 2017 by one_giant_leap

[CoinSwitch]

Hi,

It's great to see many questions about CoinSwitch. 

CoinSwitch is a crypto currency and altcoin exchange aggregator. We think it's first of its kind in cryptocurrency domain. We integrate with leading exchanges like Bittrex, ShapeShift, Changeally, BlockTrades etc so people can get best exchange rate for their conversion. 

Currently, we don't charge anything for our service and we are working hard to provide the best exchange experience to our customers.

We have started our service a couple of months back. That's why you are not getting much information about us on the internet. We completely understand your concerns related to trust but it takes the time to earn it.

Please visit us and exchange your currencies without any hesitation. We are sure that you will appreciate our service. 

 

 

Edited August 6, 2017 by CoinSwitch

[Hodor]

2 hours ago, CoinSwitch said:

We completely understand your concerns related to trust but it takes the time to earn it.

Thanks for stopping back and providing some additional information. 

[g00p]

I tried them out. Worked as advertised. I exchanged some BTC for a smaller altcoin. Good user experience.