Fxchng a social classifieds platform: A marketplace with the power of Social networking

Fxchng, India’s first social classifieds platform, has been launched today. Fxchng is all about easy buying, selling and trading online while getting help and support from your trusted friends and social connections. With regard to the long-prevailing issue of Spam and fraudulent activities in the online classifieds segment, Fxchng aims to revolutionize the market by incorporating the social media factor. Now is the time to move on from the age-old, boring classifieds and stepping into the world of social classifieds. Discovering connections within your social network, buying/selling with the help from them and thus, a trusted, transparent deal along with being connected with friends sum up how Fxchng works. Ultimately, the chances of fraud in these deals decrease significantly and thereby we provide a greater security to the consumers.

Merging classifieds with your social networks to make your dealing experience richer would never have been so convenient. Moreover, there’s very little scope of spam – something all the working professionals dread. The usage is simpler than one can imagine. Integration of Facebook with existing online classifieds system allows users to share their ads with friends, making them instantly visible. Users can also stay informed about their friends' activities and what they are buying or selling. Most importantly, Fxchng platform informs about mutual friends and contacts between potential buyers and Fxchng makes it fun and easy to buy, sell, trade online while getting help and support from your trusted friends and social connections. We want to give a platform to people where they can foster their friendship and also discover new connections to create a trusted community of like-minded people. Involving social connections and reference based dealing will help us in preventing users from falling victim to fraudulent activities.recommendations. In future, the platform will also include ratings and reviews for local buyers/sellers - where users can see if their friends had given any review/feedback to a particular buyer/seller. So not only can you put your friendship to some interesting use, but you can also connect to other people with similar interests, thereby increasing your social network. What’s more, when your friends are taking a deal, you can help them.

What sets Fxchng apart is the fact that it involves the influence and positive effect of mutual relationships in your social network and hence, it creates a local trusted bazaar for friends, family and community to buy, sell and help each other locally. None of the classifieds site in India (or even in the world) incorporates social features and benefits to such an extent. It is a matter of immense pride that Fxchng is the first mover in this direction.

On the occasion of the launch, Rauf Syed, Founder, Fxchng.com said, “.”Fxchng makes it fun and easy to buy, sell, trade online while getting help and support from your trusted friends and social connections. We want to give a platform to people where they can foster their friendship and also discover new connections to create a trusted community of like-minded people. Involving social connections and reference based dealing will help us in preventing users from falling victim to fraudulent activities.”