Hello, welcome! First of all, it's hard to find an instant-crypto-to-crypto exchange with competitive and transparent fees (as people mention). The fee factor is a huge differentiator.
For the service to become 100% KYC-free, you would need to have a considerable reserve (liquidity and solvency). This way, you won't rely on third-party AML scores, you'd handle the exchanges for the user based on your reserves. Are there any plans for this?
Hello, and thank you for the warm welcome!
On the fees side, I’d like to mention that apart from network fees, we also cover the cost of AML solutions as well as node infrastructure. Given these expenses, I believe our 0.5% for floating rate and 1% for fixed rate remain very competitive compared to the current market.
Regarding liquidity yes, you are right, if we were to rely fully on our own reserves, we could eliminate the dependency on 3rd party AML checks. Since we already have our own system in place, technically it’s not too difficult to move in that direction. We do have plans to integrate DEX liquidity
andespecially for Monero,
and over time, also add our own reserves. However at the moment, our focus is on polishing the service, fixing some small bugs, and preparing our affiliate program and API docs. But I can confirm that working with our own liquidity is part of our roadmap, and possible our next big development will be exactly that.