Evercoin - Safest cryptocurrency exchange and multicoin hardware wallet

@nickabouzeid Hi Nick. We don't use any third party API or tool for the conversion. All in-house. In addition to improving the user experience, we will closely work with new coin and tokens with custom needs or not heavily traded on the market. Here is an example: https://evercoin.com/zencash

@oztalip Cool! More competitors are always good. Appreciate your response & your different emphasis 🤗

@nickabouzeid @oztalip What exactly is improved about the experience?

@nickabouzeid @oztalip @mike_seekwell we give custody to the users and provide a mobile first multicoin wallet with integrated exchange experience

@0xethan exchange is done entirely through blockchains. So the speed depends on the confirmation speeds of the blockchain. BTC takes about 10 minutes to confirm a transaction. ETH/ETC will take around 7 seconds, XRP is about 3 seconds.

@0xethan if you send the exact deposit amount in 10 minutes, even if it takes 30 minutes to confirm, you get the exact promised amount. If we receive a different amount than the deposit, we do recalculate when confirmed.

@_gordee we don't mean there is no fee. Fees are all backed into the price there is no fee that can change your receive amount. You will receive exactly the amount we promise. No surprise. We changed the wording in our FAQ to make it clear. We don't use an external exchange for the transactions. It is all in-house but for the pricing 3 external price feeds are used. Plus our risk calculation algorithm. Coins with high market capitalization and high trade volumes are added first then we listen to our users.

@halil_akin thank you

BTW I tried this with a trading pair across a paper wallet and an exchange and it worked within a minute and executed flawlessly. Experience was similar to shapeshift but no mining fees is pretty awesome.

@tarungangwani happy to hear that we had positive experience. That is the only way we can gain your trust.

@tarungangwani What is DNT? Evercoin is entirely custom, we don't use any third party exchange. In the price we give, all fees (our fee and miner/network fees) are all baked in. The price we give is exactly what you will receive in your wallet. No surprises.

@oztalip The District Network people were talking about enabling other exchanges; figured this may have been one of them. Ah -- so people still pay network/miner fees but they don't see that? It would at least be useful to see that in a tooltip or something where people can get a transparent idea of what is going on...

@tarungangwani FAQ is updated to make it clear. We will work on the tooltip or something similar to make it transparent. Thanks for the feedback.

@bitfalls we give custody to the user, which is a pretty big deal. Also we are a mobile first product.

@joselfgaray Thanks!

@connorgutman thanks!! API? absolutely! it will be ready soon. Fiat currency? absolutely not. USDT? maybe, didn't think as much.

@oztalip My biggest complaint about services like Shapeshift and Blocktrades is that there's no tethered option to exchange crypto into. I think I speak for a lot of people when suggesting that (once the API is released of course) you'd gain support and business by accepting USDT/BitShares/Some other tethered non-fiat currency. Think of the bots! 🤖

@connorgutman we are looking into adding a stable coin soon, possibly USDC

@ram_rayavarapu thanks Ram. I am very good at product design but not as much at crypto investment but I like the usual suspects plus Ripple, Civic and Filecoin.

@oztalip Thanks for that info.

@ourielohayon Coinbase is super expensive and limited to exchanging ETH, BTC and LTC. Our rates are quite competitive and easy to compare. We think that the support is as important as the rate. So we offer live anonymous chat during your exchange so that we can answer questions or react quickly when needed.