First, welcome to the forum, SnapSwap!
It is good to see another Exchange, but with a slightly different mechanism. I myself always prefer exchanges with their own liquidity. As for exchanges like yours, I liked the mechanism you will use (based on what you have answered). As other members suggested, you should remove the No-KYC part since the exchange reserves the right to ask for a KYC.
For your information, many of these types of exchanges appeared in the last few years, but only a few survived because people do not feel comfortable using them. These exchanges suddenly freeze transactions and ask for documents that are impossible to provide, so I would expect something different from SnapSwap.
Still, I agree that “no-KYC” in the title is misleading, so I will update our ANN accordingly.
We are just getting started with this project, and part of our roadmap is to officially register a company to strengthen trust and credibility. For us, being transparent with the community from the beginning is very important.
Don't get upset about these questions and suggestions. I hope this will help your business a lot. You just need to hear the community's suggestions and see what they like and what they don't like.
Thank you very much for the kind words and for welcoming us to the forum.
I’d like to confirm once again that our platform operates exactly as we have described in the previous answers, with AML checks before routing to liquidity partners, refunds in case of high risk.
I also want to say that we’re truly happy to see that community members are checking our ANN and website carefully, asking questions, and giving us suggestions for improvement. This type of feedback's will help us grow and build a better service.
We also warmly welcome everyone to try our service make trades and share an honest review with suggestions, for UI/UX as well as technical parts. every bit of input helps us move forward and improve.