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Swapping Smarter: LetsExchange x Ontology Talk Web3, DeFi & What’s Next
Recorded: April 4, 2025 Duration: 0:34:54Space Recording
Short Summary
Let's Exchange, a partner of Ontology, has implemented cross-chain swaps and is developing a mobile app to enhance user experience. The platform prioritizes security through a bug bounty program and collaboration with Hakenproof. A giveaway campaign with Ontology offers USDT and NFTs to engage the community.
Full Transcription
Thank you. Thank you. Thank you. GM, GM, let's do a quick tech check.
We have the folks from Let's Exchange with us this morning.
Can you guys hear me okay?
Yeah, sure.
Awesome.
It's great to have you guys here.
Let's just wait two more minutes and we'll see if we can get more folks to roll on in
and then we can kick things off.
Okay. Thank you. Okay, cool. Let's get this started.
GM GM, hello, Antonovs.
Hello, community.
Hello, Harbingers.
It's so great to have everybody with us today.
Happy Friday. And yet, good morning, good morning good afternoon good evening i guess from wherever you're joining us in the world um
so yes this is our weekly community call and as everybody knows that usually joins us um every so
often we have somebody from within the ecosystem um join us to give an update on maybe what they've
been working on if they're new to the ontology community then they'll introduce their project
but today we have the folks from let's exchange um they've been a on. If they're new to the Ontology community, then they'll introduce their project. But today we have the folks from Let's Exchange. They've been a partner
of Ontologies for quite some time. So I'm really excited to do a bit of a deep dive into Let's
Exchange and maybe answer some of the questions that you guys have had before during this chat.
So it'll be about 30 minutes. And yeah, let's get started. So for those of you who don't know,
I'm Claire, Head of Growth at Ontology, my official title, but you'll usually see me across, you know, community and content and, yeah, mostly around partnerships and collaborations.
So as I said, yeah, we've got Let's Exchange with us today.
Do you guys want to do a quick intro to yourselves so everybody knows who's here?
Yeah, sure. Sure. So I'm Maximo, I'm marketing lead on Leia's Exchange, and really glad to be here and to speak with you, to talk about, to give this deep dive into our products.
Today, it's Friday morning for me.
Awesome. Thank you so much. Oh, sorry. Yeah, it's Friday morning friday morning for me too um a little bit tired
today actually you can kind of hear my voice but we'll get through this together i think it'll be
good so yeah that's great thank you so much for the introduction um so let's how about let's kick
things off with maybe giving an intro then to let's exchange and we can tell folks like kind of the story behind how it all started now yeah so in in short terms
let's exchange we can define less let's exchange at the instant crypto exchange platform that's
boards over let me get it 5 000,000 cryptocurrencies for now.
And we can define it as the biggest on the market
with a number of assets support.
So as the,
our platform is available on 14 languages
and we designed it with a thought and be useful and convenient to use for users
all over the world. And the inspiration for our product and for the platform came from
the pain that it's sometimes with a number of different networks, coins, indexes
grown, it has become quite challenging to keep track of all changes, to search for and verify
various exchange platforms when you're looking for a specific coin to add to a portfolio.
So this is precisely when the idea emerged
to create this user-friendly exchange hub,
where everyone can find any coin they want
without need for this search, for this additional work.
search for this additional work. And for now, at Blacks Exchange, we value
decentralization, obviously, their freedom. But at the same time, we prioritize user safety and data protection as we can. So we do it by
adhering to clear and transparent regulation and we ensure that our
platform meets top standards for secure and reliable exchange. So I can talk about the exchange for hours.
So stop me whenever you think that it's enough.
Awesome, thank you so much.
I appreciate anybody actually
that can talk about a project like that.
Sometimes these calls are a little bit awkward
when questions are answered too quickly.
I'm thinking, okay, what's the next question? Maybe we need to have more. So I really appreciate that. And it's awesome.
I always love kind of hearing the origin story behind projects or getting that introduction to
projects from the team. There's usually like some really interesting inspiration there. So
we're kind of getting to know a little bit more about Let's Exchange. So there are a lot of
crypto exchanges out there. What would you say kind of sets Let's Exchange apart from the rest?
Oh, yeah. First of all, I already mentioned the number of cryptocurrencies available. So for now it's more than 5 000 available on that platform and i think it's one of the most powerful
features among the all exchanges uh second of all uh we had the full suite of
features available for like exchange trading experience like crypto to crypto swaps
cross-chain swaps breach also on-ramp and off-ramp available on the platform
and the DEX aggregation feature and DEX features also so as you can imagine, it's like a Swiss knife of exchange options available in one quite simple interface.
And also, what should be mentioned is our support.
support system available and we create a lot of efforts in the support system.
We try to do our best and we're doing our best to make our users happy with their experience.
Awesome. Thank you so much for that.
And yeah, I think Let's Exchange has offered really impressive levels of support. So it's really important, I think, to highlight that. So yeah, so say, for example, there's somebody who has never used your platform before. How does Let's Exchange actually work? Can you maybe walk us through some of the basic elements?
Oh yeah, and despite that space is we can share video for example here but our
interface is what is simple to use this way it will be easy to walk through
just naming the steps and telling what to do. So you start by visiting our website, obviously,
letsexchange.com.
Afterwards, you select the crypto fair you want to swap.
You enter the amount and your wallet address.
Here is the only thing you need to select
is to choose either fixed or floating rate.
And who is in cryptocurrencies, they know what it is about.
But for those who are newbie to the sphere, we had FAQ available, so they won't be left
without any understanding. Afterwards, you send your funds to the provided address and
receive the swapped coins in your wallet. All of that is automated. It's a quick exchange. And usually,
like the average time of the exchange it writes but we uh calculated the average time of about
eight minutes so uh it's quite a quick thing to do uh if again uh as the support is in the core stone of our platform,
if any problems, or if it takes longer than average time to exchange,
we recommend contacting our support system
and just expressing your concerns, and they will help you in any time
So yeah
It was a fast answer really
because
And yeah, I just want to take this opportunity to
Remind folks that you know if the best way I think to learn is to kind of get involved and to join these communities
And as I said like we've been working with Let's Exchange or collaborating with Let's Exchange for some time now and always find
the team to be super responsive and very supportive. So make sure you're following them across social
and keeping up to everything that they're working on. They're always releasing new campaigns. So
it's a really interesting way to learn more about Let's Exchange and then also to be rewarded,
which I always think is quite nice to get some
rewards for that. I also think that there is a campaign being released with Ontology soon,
maybe today, but it might be early next week. So we will make sure that everybody is updated on
that. So thank you so much for giving us the introduction to Let's Exchange and then telling
folks a little bit more about how to use the platform. I'm seeing as, I mean, I'm asking
everybody this.
I know we're kind of coming into April,
but let's look at a roadmap or any big updates
or milestones that you guys are super excited to share.
Let's divide it into two parts, you know,
something that is in our roadmap and we already achieved it.
And also I can give you and your community, obviously,
our plans for this year, or rather teasers of something that's coming.
So we first fall in our roadmap, when we already implemented it, was the bridge functionality.
And we launched it with the cross-chain swaps.
And now you can swap more than 200 assets across the main blockchains.
You know, almost all famous blockchains and powerful blockchains that other is
available like Tron, Ethereum, BBI you know I won't name all of them but you can just
visit a website and look by yourself also the localization. It was a quite time-consuming process because we translated all
our assets, platforms, all FAQs and everything into 14 languages. This action helped, as we see it it will help the crypto adoption all around the world because it
make users can view their own native language for swap to swap coins and it
makes their experience more pleasurable and they can do it more confidently. And if you talk about our plans, what we are
working on right now, so first of all, we are working on our mobile application because we
see the first of all the potential in the mobile market and also the overall global sphere and global economy is moving towards the mobile.
That's why we should be, you know, our platform should be up to date with these terms.
And another thing that we expect to be finished this year is the update in the personal account for our users,
where we will add more functionality,
including some functionality that will give even more
opportunities to earn with Let's Exchange for our users.
That's the main things that we already implemented
and that we are working on right now.
Awesome, Maxime. Thank you so much.
Sorry.
Sorry, I have a little bit of a cough this morning.
I do apologize.
That is really exciting.
Localization, it's refreshing to hear more and more platforms
or projects that are focusing on UX and UI, as you've mentioned.
So anything to kind of make it easier and more comfortable, right, for folks to use a platform, especially when we're talking about cryptocurrency or crypto in general.
And, yeah, the mobile market, 100 percent agree.
It's definitely expanding.
And I think it's expanding quite a lot in 2025.
So couldn't agree more that it's super crucial to kind of continue with these developments so I
mentioned earlier about the ontology campaign with Let's Exchange or maybe
you can share a little bit more info with everybody here today how they could
get involved and maybe something yeah just that would be great. Yeah sure
first of all we were happy to welcome the ontology
in our family of partners approximately one year ago.
And so we decided to commemorate this event
by inviting you and your community
to our celebration of our fourth anniversary.
And for this occasion occasion we organized together with you guys the exciting
giveaway and give the community chance to have some fun and to win big so 20 lucky winners will receive prizes with this giveaway.
10 winners will receive some 50 USDT in ONT coin.
And another 10 winners will receive 5 exclusive NFTs from the Ontology Collaborative NFTs collection.
Thank you guys for providing that.
So, and to enter this giveaway all you need is
uh to share and like and retweet the campaign post and follow obviously follow uh our account
let's exchange io and ontology network account on x uh and it's quite simple, quite easy, quite fun and again
thank you guys for joining our celebration and giving us the
opportunity to present our product to your community.
Thank you guys so much. We always love
to support any projects and congratulations
any of these milestones.
Sorry guys.
These milestones are really important I think
to recognize and to celebrate.
And yeah, this is a really easy giveaway
guys, so get involved. There's
rewards and we do love to talk
about Ontology NFTs, so
they are there to be to be um
to be one so maxine thank you so much so so far you've given us um much deeper insights into
let's exchange how um the platform functions and your plans for 2025 um is there anything maybe
like any kind of cool features that you haven't mentioned so far or maybe something that users
wouldn't be so aware of um but maybe that they should definitely know about? Yeah, first of all something that you
know give more benefits to users it's our promo codes. We often share
promo codes via our socials or are socials of other partners and this promo
codes allow users to receive some cash back on each swap with the promo code so
just follow socials and you'll ensure that you'll get one or two or even more if you're quite attentive.
Second of all, Affiliate Program.
This program is available for everyone in their personal accounts,
and everyone can generate some additional income by preferring let's exchange true
I don't know friends or other communities
it's really easy to set up and easy to share and again if you have any you know concerns you can go through and
read our how-to manual so if it use lots of materials available on that topic and
for those who are more in you know tech or death part of the community. We run the bug bounty program in partnership with
HackingProof to maintain the security of the server. So if you find a bug on our platform or you can submit that on Hacking Proof and get your award
and the last but not least for those who are for those who have some connections or uh who knows some uh websites or is the owners
websites also it was to mention that uh we have the digit functionality uh and everyone again in And everyone, again, in their own personal accounts can create a widget and install it onto your websites.
And, again, you can earn with it.
And this widget has the full functionality of our platform available.
of our platform available uh so and really simple to uh set up uh lots of options available so uh
i won't take a lot of time explaining it if you're interested just contact us uh in any
convenient way and the our team will help uh you to set up to create this widget and to install it.
That's, I think, the main unknown parts of Let's Exchange for users.
That's fantastic.
And that's exactly what we wanted on the call today.
So, yeah.
So, anybody that's maybe listening in now or that will listen later,
if you have any questions or there was something we didn't get the opportunity to chat about today,
yeah, you can reach out to anybody on the Let's Exchange team. I mean, they are super friendly,
very responsive or reach out to me and I'll make sure that you're connected with the right person.
Okay, cool. So let's get to swapping tokens. I think folks will be really interested about this and learn a little bit more about maybe how you guys can maintain
kind of such speed and security as well.
Oh, you know, the answer for such question is quite easy.
The speed comes from automated processes and 20 plus liquidity providers, optimizing rates.
So quite obvious answer, really.
And if we talk about security, here we take the comprehensive approach. First and foremost, we don't store users' funds
during the exchange, and thus we eliminate
the risk of some thief actions.
Second of all, all assets involved in the exchange
undergo the IML checks.
We have a partner that provides such services for us.
This ensures that both users and our partners
are dealing only with the funds of legal origin,
with all the regulations.
Now it's quite a demand.
And also something that I already mentioned,
that we work with Hakenproof to validate that our infrastructure is well protected again,
all kind of hacks, cyber attacks,
and other filthy actions.
And finally, our company enforces strict privacy
and security policies, safeguarding our users and their assets from threats across multiple levels.
That's something that we take really seriously because of all the image and all the bad experience that users across their crypto and across their web3 sphere experienced.
And we don't want our users to have that.
Or, yeah, we don't want them to have such experience using our platform.
And we focus lots of attention and lots of resources on the security and the speed of the change.
This is great to hear.
And I'm sure it's great to hear for everybody else on the call as well, that there's such a focus on security and, you know, maintaining that level
of security. It's something that we talk about all the time in ontology and also in this space as
well. I think security, it's a big issue. So look, it's our weekly community call. So it makes sense
for us to talk a little bit about the Let's Exchange community. We'd just like to know a
little bit about your community and maybe the role that your community plays
in the kind of growth and success
of Let's Exchange in general
you know
our community is something that
really drives
us forward because we
listen
and we communicate with
our community.
We try to get feedbacks, ideas from the community
and create some engagement for them
to make them feel warmth and welcome to our platform.
Our community really helped us shape our features
and to know where we should be heading.
Nevertheless, the community helped us to spread the word
about our product about
our platform and they love to our community.
And we try our best to give them the best experience across all other exchanges.
across all other exchanges.
And I can give you the small teaser without details, obviously,
that in our roadmap, we are planning to indeed our work with the community.
And we are planning to introduce some new cool features for community
by the end of this year. So just stay in touch and
you'll be the first one to know to notice it. Awesome thank you so much for that. So yeah folks
make sure you're following everything on social. I guess there was a little bit more I wanted to
ask about any upcoming community campaigns,
but I guess maybe you've covered that already and there's not much more information you can share.
Yeah, we covered most of them, but you know we are planning for lots of activities for this year.
this year. For now, our anniversary campaign is still going and we have the
full calendar of events created till the end of 2025. So lots of campaigns, giveaways, obviously. And other activities, you know, lots to cover and I don't think that it is necessary right now.
Just stay in touch again.
Perfect. That's great. And, okay, so if there's anybody new to Let's Exchange, how would you recommend them to stay updated
with kind of everything that's going on in the ecosystem?
It depends on what platform is they're focused on,
and they prefer because you can follow us on X you can follow and add us on telegram also you if you want to
indeed your understanding of that exchange or how our platform works you
can read our blog and for those who prefer you know more conventional communication channels you can
just subscribe to our news letters and receive updates and some other interesting information news digest on a monthly basis we you know we are present on almost all social
networks and platforms so just you can look up the full list on our website and
follow any platform you prefer really I'm Maxime, thank you so much.
That's awesome.
And we're just on time, 30 minutes.
That's impressive.
So I know we've covered a lot today.
And I mean, you spoke for literally nearly 30 minutes
telling folks all about an introduction to Let's Exchange,
a little bit more about security swapping.
We learned more about milestones, localization,
mobile market developing,
and how folks can stay in touch with Let's Exchange.
So it's great to know that that's actually something that I enjoy about Let's Exchange,
is the fact that you guys are active across social and within the newsletter as well.
So there's always a way to stay updated.
And yeah, I just wanted to take a moment to thank you for the call today.
Congratulations on the anniversary.
And folks, make sure that you get involved in the Ontology Let's Exchange campaign. But we've covered a lot and there's always stuff happening so I
think we can probably have a follow-up chat, another AMA where we can do maybe an update on
these milestones or any other campaigns the Let's Exchange might have. So Maxime I really
appreciate your time today and let's stay connected and we can update folks as things develop.
today and let's stay connected and we can
update folks as things develop.
Yeah, thank you for hearing
me here. Really.
I really enjoyed it.
I know, you know, Friday mornings, it's not the easiest
to come on.
I appreciate it.
No, it's the best,
you know. It gives lots
of energy, such
community goals, they give lots of
energy till the rest of the day and
in the end of the week. So I really appreciate that.
Yeah, sometimes it can be a little bit difficult. So I enjoyed our time today. I hope everybody did.
And as I said, the guys are really friendly, really open, supportive. They're available across
all social platforms. So if you have any questions, just feel free to ask.
You can ask me or Maxime or anybody on the team.
I'll make sure that you're connected with folks.
And as I said, yeah, we'll probably host another update as things develop, but let's exchange further into 2025.
So thank you so much to everybody that joined us this week.
I think next week you'll just have me on the call
and I'll do an update.
We have Paris Blockchain Week
and I'll just do an
update on everything that's happening within Ontology. So yeah, thanks so much to everyone
and enjoy your weekend. Yeah, thank you. Thank you.
