Trading should reset the levels of the items traded and maybe swap their perks (with the exception of exotics and raid armor) to make things more interesting. There should also be a limit to how many things you should be able to trade per week to set a limit, and no i do not believe in the equal rarity but there should still be strange coins/ motes of light involved in the process when trading between players. There should also be a vendor that you can give extra items to for free (and he should give you a good reward after trading in every 10 items of good rarity) and other players can receive a random item that was given to the vendor, This is so that instead of having to dismantle all your gear you can give it to the vendor and once a day a player can have a chance of getting something from someone else. I say this because i have so many exotics that i wont bother to level up and dismantling them isn't enough of a reward to me as giving it to a needy player that needs a new gun to experience what the game has to offer instead of being restricted to what the game ends up giving you. There should also be a way to sell things instead of dismantling them. TL;DR: 1. Trading resets item levels. 2. Involves strange coins/ motes of light. 3. Doesn't rely on equal rarity items. 4. Limit times of trade per week. 5. Vendor to donate unwanted/ extra gear into, turns into reward package every 10 donated items. 6. There should be a way to sell things instead of this dismantling crap.