About Shiftal: the P2P exchange project (archive)
Shiftal described itself as a user-friendly P2P crypto exchange. This page reconstructs what its pages said, with dates, and separates what was claimed from what can be verified.
Overview
Summary
Between 2020 and 2023 the domain shiftalcoin.com hosted a landing page for the Shiftal P2P cryptocurrency exchange and its native coin, Shiftal Coin (SFL). The page told a story of a team that had followed crypto for years, began planning a P2P exchange in 2019, ran a beta in 2020 and launched a coin sale in 2021. It mentioned Europe as the place of company registration and quoted prices in Indian rupees.
All of this is self-reported. We use the Wayback Machine as our source and have not verified any licence, registration or partnership.
Roadmap
The roadmap as published
2019
- Q2Idea to build a P2P crypto exchange; market research and analysis begin.
- Q3Design and development of the exchange platform start; development contracted to an agency.
- Q4Company registered in Europe, according to the site; development reported 90% complete.
2020
- Q1Site states the necessary legal and other licences were acquired (not verified by us).
- Q2-Q3Beta version goes live for real-world testing.
- Q4Marketing partnerships begin, beta testing completed, shiftal website launched.
2021
- Q1Referral system, callback request feature and chat support launched.
- Q2Development of a mobile app begins.
- Q3Development of the Shiftal coin begins.
- Q4Coin sale (called an IEO and an ICO on the site) launched; plan to seek listings on other exchanges.
2022 (planned)
- Q2Spot, margin and futures exchange development, moving beyond P2P.
- Q2Forex, gold and crude oil exchange development.
Quarters and wording follow the archived 2021-2023 pages. We found no archived evidence that the 2022 plans were launched.
Claims
Features and claims on the original pages
These are the claims the pages made. They are listed for the record, not endorsed.
- "Highly secure" platform with multiple layers of protection.
- Low transaction fees for trading and withdrawals.
- "Licensed and regulated", meeting global compliance standards.
- A multi-currency wallet to store, send and receive crypto.
- Automated KYC through a third-party provider.
- Escrow protection against scams, and a callback request feature for dispute resolution.
- A three-level referral programme paying up to 16% commission on coin sales.
Status
What the archive shows about status
- December 2021Archived page shows an end-of-year sale running at ₹7 per SFL.
- March 2023Page says the sale has ended; price shown ₹6; users told they can withdraw SFL.
- June 2023Last archived capture with the full landing page.
- From November 2023Captures show only a default web-server page.
The login, sign-up and password-reset pages that once existed here no longer exist; those addresses now lead to this page. We cannot confirm whether any Shiftal service operates elsewhere, and we do not operate one.
Content
The blog
The original site listed three articles from spring 2021. Our guides cover the same topics with updated, independent text:
- Best Bitcoin Exchange With Easy (Automated) KYC Verification (May 2021)
- Decentralized Exchanges vs. Centralized Exchanges: Know the Difference (April 2021)
- What is a P2P Crypto Exchange? Everything You Need to Know (April 2021)