Swapidy - 18 Year Old CEO Changes The Way We Trade Online

Written by Adam Ahmad
Published on Jul. 06, 2012

Hello Built in Chicago Readers, 

My name is Adam Ahmad and I'm an 18 year old entrepreneur that recently graduated high school. I just launched a company called Swapidy. It's an online trading marketplace that enables users to post their products in an eBay-style listing with pictures, description, etc. However, instead of buying and selling, it's all about trading. Traders can negotiate back and forth with each other until they strike a deal. Once an offer has been accepted, the products are then sent to Swapidy's verification center. 

As soon as the products reach the verification center, they are checked to ensure that they are functional, as described, and legitimate. Once both parties' items are verified, they are shipped to their respective parties. Voilá! Done!

The fee structure is quite simple. Swapidy charges anywhere from $1-10 depending upon the product category plus shipping. So let's say you were trading a video game for a gift card. You would pay $5 plus shipping costs. 

Swapidy just launched three categories including Books, Video Games, and Gift Cards to test the market. Every 2-3 weeks new categories will launch based on consumer demand through a voting system on the landing page. Currently "Cell Phones" is in the lead with 146 votes alongside iPods and Tablet PC's.

If an item you are offering isn't worth as much as the item you want, Swapidy enables you to even the trade through its coin system. Traders can buy coins through the website and offer them in addition to their products. Once a deal has been complete, coins are put into the respective account(s) and can be used for future negotiations or redeemed for cash.

Currently, you can trade within the United States and the best part is you can trade from the convenience of your home while having peace of mind.

I'd love to hear everyone's feedback on Swapidy. Feel free to check it out at www.swapidy.com and start trading today!

Adam Ahmad 
CEO & Founder

  

Swapidy Inc. | Let's Trade.
1580 S. Milwaukee Ave. Libertyville, IL 60048
Email: [email protected] www.swapidy.com

 

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