🔄‘Swap&Buy’ coins at your service with Quickex API
An instant exchange can be both B2C and B2B. So we thought and…
We are happy to announce that Quickex API passed the tests and has been successfully deployed.
💰Whom did we have in mind developing
Any multi-currency wallet, ICO service provider, mobile apps providing market data and online stores accepting 2+ coins can profit from integrating with Quickex via our API.
We believe that providing your customers with an option of swapping different currencies and buying them with VISA/MasterCard increases the activity of returning users and stimulates the flow of new ones.
⚙️How it works
Quickex API is a way to high liquidity on each transaction. Its core quickly finds the best sell and buy orders on 8 the most prominent exchanges (Binance, Bitfinex, OKex…), matches them and offers the best rate.
Working with our API any business is free to set their own fee on every transaction over the 0.3% charged by Quickex.
https://quickex.io/docs/api
An instant exchange can be both B2C and B2B. So we thought and…
We are happy to announce that Quickex API passed the tests and has been successfully deployed.
💰Whom did we have in mind developing
Any multi-currency wallet, ICO service provider, mobile apps providing market data and online stores accepting 2+ coins can profit from integrating with Quickex via our API.
We believe that providing your customers with an option of swapping different currencies and buying them with VISA/MasterCard increases the activity of returning users and stimulates the flow of new ones.
⚙️How it works
Quickex API is a way to high liquidity on each transaction. Its core quickly finds the best sell and buy orders on 8 the most prominent exchanges (Binance, Bitfinex, OKex…), matches them and offers the best rate.
Working with our API any business is free to set their own fee on every transaction over the 0.3% charged by Quickex.
https://quickex.io/docs/api
However, sometimes exchanging takes more time than expected and can be quite irritating. It’s totally OK for you to be angry with the service if 5-30 minutes promised earlier turn into 2 hours or more. But most likely the fault is… in blockchain.
The Issue
Before we exchange something, we need to ensure that this ‘something’ has been transferred to our master wallet. This requires 2 or more confirmations exact number depending on the blockchain in question. And here the pain begins.
Sometimes it takes no more than a couple of minutes for the confirmations to happen. But sometimes it takes a couple of hours. All depends on how loaded the blockchain is and on how big the miner's fee is.
What To Do
If it takes more than 5-30 minutes to complete the transaction you might want to do the following.
1. Check the status of the transaction using its hash (at blockchair.com, f.e.)
2. If there are no confirmations yet… well, all is left is to wait.
3. If the transaction is OK but exchange is still in progress – knock on the support chat.
We can’t vouch for blockchains but there is one thing you can be sure about. We’ll always help you with any trouble you may have. Even if it will take us some time to react.
The Issue
Before we exchange something, we need to ensure that this ‘something’ has been transferred to our master wallet. This requires 2 or more confirmations exact number depending on the blockchain in question. And here the pain begins.
Sometimes it takes no more than a couple of minutes for the confirmations to happen. But sometimes it takes a couple of hours. All depends on how loaded the blockchain is and on how big the miner's fee is.
What To Do
If it takes more than 5-30 minutes to complete the transaction you might want to do the following.
1. Check the status of the transaction using its hash (at blockchair.com, f.e.)
2. If there are no confirmations yet… well, all is left is to wait.
3. If the transaction is OK but exchange is still in progress – knock on the support chat.
We can’t vouch for blockchains but there is one thing you can be sure about. We’ll always help you with any trouble you may have. Even if it will take us some time to react.
Retrospective
After having a great class of marketing and growth hacking with a great coach from Moscow, we conducted several interviews looking for the pains our customer might have and try to make them disappear.
20 interviews. $10 each. Audience: miners, traders and bounty hunters.
We found out that:
- Miners are really into secrecy; they want to mine for fiat directly, in other words, coins and tokens must convert into USD or EUR and deposit themselves to bank cards directly.
- Traders use instant exchange platforms as entry and exit points to and from exchanges, converting fiat to crypto and vice versa.
- Bounty hunters want to see the minimum allowed to exchange equal to as little as 100 RUB (or $1,51) and the fees as close to 0 as possible.
All of them want to see the exchange platform at BestChange.
Vicious Circle
Typical user story looks like this:
«I opened a new tab in my browser. Googled «bestchange». Checked out the exchange rates. Followed the link to one of the exchanges. I’ve used a couple of exchanges so far. Well, 3 or 4 of them… I don’t even remember their names.»
In general, BestChange is the Rome of the crypto world when it comes to instant exchange platforms. If your platform is listed there, you get lots of traffic and transactions. If not – you suffer.
Thing is, BestChange wants to see activity at your website, real customers coming, using your service and reviewing it. At the same time, your potential customers want to see your platform at BestChange. Who is to break this vicious circle, we wonder?
It’s like in a joke about a Siberian shaman who first advises his tribesmen to prepare for a cold winter and increase their wood supplies and then consults with the meteorologists to find out if he was right. They, in their turn, respond that the winter is going to be challenging because the local tribesmen are out for more wood than usual.
The joke isn’t funny. Just like the situation as a whole.
The Way Out
All is left is to struggle and try and win over every customer. To struggle with Google Ads, Yandex Direct, FB and VK being hostile to any cryptocurrency-related platform. To do your best and gain some traffic to start with and then try and persuade BestChange admins to list your platform at their webiste.
All that is actually beneficial to a customer. If you are number 2 or – in our case – if you are not listed at BestChange, you have to work really hard and provide the customers with the best possible service. You do everything to get them to give you a chance to prove that working with is worth it.
And it’s worth it because in most cases the issues our customers have experienced were related to a transaction taking more than promised 5-30 minutes. And the main reason for such inconveniences is that the blockchains are slow to give their confirmations as we mentioned that in our previous article.
After having a great class of marketing and growth hacking with a great coach from Moscow, we conducted several interviews looking for the pains our customer might have and try to make them disappear.
20 interviews. $10 each. Audience: miners, traders and bounty hunters.
We found out that:
- Miners are really into secrecy; they want to mine for fiat directly, in other words, coins and tokens must convert into USD or EUR and deposit themselves to bank cards directly.
- Traders use instant exchange platforms as entry and exit points to and from exchanges, converting fiat to crypto and vice versa.
- Bounty hunters want to see the minimum allowed to exchange equal to as little as 100 RUB (or $1,51) and the fees as close to 0 as possible.
All of them want to see the exchange platform at BestChange.
Vicious Circle
Typical user story looks like this:
«I opened a new tab in my browser. Googled «bestchange». Checked out the exchange rates. Followed the link to one of the exchanges. I’ve used a couple of exchanges so far. Well, 3 or 4 of them… I don’t even remember their names.»
In general, BestChange is the Rome of the crypto world when it comes to instant exchange platforms. If your platform is listed there, you get lots of traffic and transactions. If not – you suffer.
Thing is, BestChange wants to see activity at your website, real customers coming, using your service and reviewing it. At the same time, your potential customers want to see your platform at BestChange. Who is to break this vicious circle, we wonder?
It’s like in a joke about a Siberian shaman who first advises his tribesmen to prepare for a cold winter and increase their wood supplies and then consults with the meteorologists to find out if he was right. They, in their turn, respond that the winter is going to be challenging because the local tribesmen are out for more wood than usual.
The joke isn’t funny. Just like the situation as a whole.
The Way Out
All is left is to struggle and try and win over every customer. To struggle with Google Ads, Yandex Direct, FB and VK being hostile to any cryptocurrency-related platform. To do your best and gain some traffic to start with and then try and persuade BestChange admins to list your platform at their webiste.
All that is actually beneficial to a customer. If you are number 2 or – in our case – if you are not listed at BestChange, you have to work really hard and provide the customers with the best possible service. You do everything to get them to give you a chance to prove that working with is worth it.
And it’s worth it because in most cases the issues our customers have experienced were related to a transaction taking more than promised 5-30 minutes. And the main reason for such inconveniences is that the blockchains are slow to give their confirmations as we mentioned that in our previous article.
BlackFriday.jpg
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Does Crypto Exchanger Need Black Friday
An interesting question. A specific niche after all. Exchanges are not planned days or weeks in advance, right?
An interesting question. A specific niche after all. Exchanges are not planned days or weeks in advance, right?
As ‘official’ Black Friday on Nov 23 was approaching, we started entertaining the idea of joining the common trend. So, Black Friday, huh? To be or not to be?
Pros
There’s lots of commotion on the market, people are swapping, buying and selling coins. Let’s give them the most advantageous terms.
We might get a bit more traffic by dumping our fees.
We might make our regulars a bit happier than usual.
Cons
Why there should be more traffic? People don’t plan to swap coins in advance. On the contrary it’s usually done on the spot after swings, f.e.
Besides, our clients seem to be mostly men in their mid-twenties. And it’s known to all marketers that men are less prone to making spontaneous purchases. So in case we were out for those who were yet to buy some crypto, it still wouldn’t work.
So we decided to postpone the idea till the next Friday, Nov 30.
In the meanwhile, be sure to let us know if we should have a Black Friday of our own and lower our fees. Give us a like or leave a comment or something
Pros
There’s lots of commotion on the market, people are swapping, buying and selling coins. Let’s give them the most advantageous terms.
We might get a bit more traffic by dumping our fees.
We might make our regulars a bit happier than usual.
Cons
Why there should be more traffic? People don’t plan to swap coins in advance. On the contrary it’s usually done on the spot after swings, f.e.
Besides, our clients seem to be mostly men in their mid-twenties. And it’s known to all marketers that men are less prone to making spontaneous purchases. So in case we were out for those who were yet to buy some crypto, it still wouldn’t work.
So we decided to postpone the idea till the next Friday, Nov 30.
In the meanwhile, be sure to let us know if we should have a Black Friday of our own and lower our fees. Give us a like or leave a comment or something
We are looking for ways to improve our instant exchange. You are welcome to join our survey and throw your two cents in.
https://ru.surveymonkey.com/r/8L2SNPJ
https://ru.surveymonkey.com/r/8L2SNPJ
Surveymonkey
Is KYC a good thing for instant crypto exchange platforms?
Take this survey powered by surveymonkey.com. Create your own surveys for free.
Winter has come. Is dump coming as well? https://beincrypto.com/bitcoin-whale-moves-66000-btc-is-a-dump-incoming/
BeInCrypto
Bitcoin Whale Moves 66,000 BTC — Is A Dump Incoming? - BeInCrypto
Just two hours ago, a wallet containing more than $250 million in Bitcoin was emptied, sparking rumors that a possible dump is inbound.
Dear customers and partners!
We sincerely thank you for your trust. Thanks to you, we continue developing of our platform, making it even more affordable and setting transaction fees even lower.
We really want to make even faster and more convenient access to our platform even faster. To help us with that, please vote for us here https: //tinyurl.com/y3x5kx8t so that the blockfolio.com service would draw attention to us and add our exchanger to their platform. Thereby this will make our service more accessible to you, our customers
We sincerely thank you for your trust. Thanks to you, we continue developing of our platform, making it even more affordable and setting transaction fees even lower.
We really want to make even faster and more convenient access to our platform even faster. To help us with that, please vote for us here https: //tinyurl.com/y3x5kx8t so that the blockfolio.com service would draw attention to us and add our exchanger to their platform. Thereby this will make our service more accessible to you, our customers
Being one of the popular cryptocurrency projects, DASH was originally launched under the name XCoin, which was later replaced by Darkcoin, and then by the current one - DASH. With the new name, the platform began to position itself as an anonymous open source digital currency. The creators of the project are focused on the issues of promptness of transactions and security as much as possible
More: https://quickex.io/blog/dash_in_invest
More: https://quickex.io/blog/dash_in_invest
Quickex global extension. Hundreds of new exchange directions!
Now purchase and exchange processes on the most exchangers are controlled by operators, while Quickex is one of a small number of automated crypto exchangers. Another benefit of the platform is ease of use for customers, due to the introduction of more advanced mechanisms that allow users to buy, sell and exchange at the best price. At the same time, the technical complexity of the used mechanisms is hidden from users by a simple platform interface - you can purchase and exchange a cryptocurrency right on the main page of the website. But the topic of today's material is a global update of the platform, introduced in early May.
More: https://quickex.io/blog/global_extension
Now purchase and exchange processes on the most exchangers are controlled by operators, while Quickex is one of a small number of automated crypto exchangers. Another benefit of the platform is ease of use for customers, due to the introduction of more advanced mechanisms that allow users to buy, sell and exchange at the best price. At the same time, the technical complexity of the used mechanisms is hidden from users by a simple platform interface - you can purchase and exchange a cryptocurrency right on the main page of the website. But the topic of today's material is a global update of the platform, introduced in early May.
More: https://quickex.io/blog/global_extension
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