Pages:
Author

Topic: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20 - page 21. (Read 27985 times)

legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
They have only email and simplex contact I tryed already both…

Depending on when the customer support is manned, you might have to wait a (very) long time for a support agent to answer you after the first reply they make.

I can't believe I have to write this, but in case anybody asks, no, this is not fearmongering!
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
They have only email and simplex contact I tryed already both…
You will have letter of guarantee on the website after you sent the money to the address they provided you. To make it faster, include the letter of guarantee in the email. If you do not include it, they will still ask of it.

How long has it been since you contacted their support? I would say give them up to 48 hours to respond. Don't forget that July/August is holiday season. People are on vacation and therefore you can expect delays with whatever you do. It's normal. I understand how you might feel, but eXch has thus far had a spotless reputation.
I think he has just sent them email and the other way to contact them. I hope they can solve the problem as fast as possible.
legendary
Activity: 2730
Merit: 7065
They have only email and simplex contact I tryed already both…
How long has it been since you contacted their support? I would say give them up to 48 hours to respond. Don't forget that July/August is holiday season. People are on vacation and therefore you can expect delays with whatever you do. It's normal. I understand how you might feel, but eXch has thus far had a spotless reputation.
newbie
Activity: 5
Merit: 2
They have only email and simplex contact I tryed already both…
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
Answer please to ANN thread - I have problems with exchange at exch.cx
You suppose to have explained what happened on a single post than having it in short form. I saw you complaint on the topic that you posted before this post.

I sent 50 LTC to swap it in BTC at exch.cx the coins are confirmed already few hours ago. At the exch.cx site are the status still „waiting input“ I wrote already emails but didn’t got any answer..I tried also contact them at simplex…

Has the issue been solved?

If it has not been solved. You will see support at the right down corner of the site. If you do not see it, scroll down the site and check the right down corner of the site. Contact exch support and let us know once it is solved.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
The lack of liquidity that exch has is due to them not being able to supply enough coins. They already have the buyers that are willing to pay 5%+ in fees and who eat up all the available supply in less than 24h, so what they need more is monero sellers to sell on exch (instead of some other places).
This (still) makes me believe Monero is highly undervalued.

The volume of XMR over the last 24 hours for eXch is 6776.91 .

I have the impression that eXch no longer really suffers from liquidity problems with XMR.
At the moment, XMR-reserves are less than 1% of the 24h volume. That confirms what has been posted before: any Monero that gets added quickly gets sold.



Monero on a CEX is not the same as Monero in your own wallet Wink
newbie
Activity: 5
Merit: 2
Answer please to ANN thread - I have problems with exchange at exch.cx
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange

The volume of XMR over the last 24 hours for eXch is 6776.91 .

I have the impression that eXch no longer really suffers from liquidity problems with XMR.

On exchange volume is not indicative of liquidity problems, disposable coins are, or how easy it is for them to resupply. This is what is hard and hence why I made the initial post.
eXch is not an exclusive XMR exchange, so it cannot be expected to have unlimited XMR reserves. Especially if there are many more requests for buying than selling. Some centralized exchanges have announced the delisting of the XMR pair, plus here is an ideal way to anonymize crypto assets, considering that exch does not require KYC.
In the end, this only applies to XMR as the amount of ETH or LTC reserves has never been an issue
sr. member
Activity: 397
Merit: 250
The lack of liquidity that exch has is due to them not being able to supply enough coins. They already have the buyers that are willing to pay 5%+ in fees and who eat up all the available supply in less than 24h, so what they need more is monero sellers to sell on exch (instead of some other places).

How do you incentivise people to sell on your exchange? By offering better prices.

The volume of XMR over the last 24 hours for eXch is 6776.91 .

I have the impression that eXch no longer really suffers from liquidity problems with XMR.

On exchange volume is not indicative of liquidity problems, disposable coins are, or how easy it is for them to resupply. This is what is hard and hence why I made the initial post.
hero member
Activity: 504
Merit: 1065
Crypto Swap Exchange
The lack of liquidity that exch has is due to them not being able to supply enough coins. They already have the buyers that are willing to pay 5%+ in fees and who eat up all the available supply in less than 24h, so what they need more is monero sellers to sell on exch (instead of some other places).

How do you incentivise people to sell on your exchange? By offering better prices.

The volume of XMR over the last 24 hours for eXch is 6776.91 .

I have the impression that eXch no longer really suffers from liquidity problems with XMR.
sr. member
Activity: 397
Merit: 250
Instead of using bisq's price as the de facto monero price, simply set the price yourselves at whatever you want it to be since you have more (real) volume than any monero exchange on the market, including the centralized exchanges.

This wont work for several reasons.

The first is that monero volume in the last 24h according to coinmarketcap was $140,037,146 XMR, and exch.cx only has 77 XMR in its reserves.

Exch.cx is just a small exchange. Kraken, Gate.io, HTX, Kucoin  etc are much bigger

That volume is mostly fake, it would appear that some exchange called Whitebit had $25m of monero volume in the last 24h. The other exchanges that you mention have around 10-15k monero on their entire books, most being market maker coins (they don't get traded much).

The lack of liquidity that exch has is due to them not being able to supply enough coins. They already have the buyers that are willing to pay 5%+ in fees and who eat up all the available supply in less than 24h, so what they need more is monero sellers to sell on exch (instead of some other places).

How do you incentivise people to sell on your exchange? By offering better prices.
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
I had a question - which may have even been answered (I apologize for the repetition).

I don't usually use the Bisq market, but being a P2P market, the exchange rate tends to be a little higher. Since eXch bases its price on the average value in the last few hours on Bisq. More or less, what is the % exchange rate difference compared to traditional exchanges?

I think that a big role is played by various trading bots, of which there are many more on traditional and centralized exchanges. I'm unsure if it makes sense to automate trading using bots on instant exchanges like eXch.
Most CEX also have their bots that generate fake volume, so they can manipulate the price up to a certain point.
legendary
Activity: 2534
Merit: 6080
Self-proclaimed Genius
-snip- and exch.cx only has 77 XMR in its reserves.
Just for additional context, it was about 100XMR 10 hours ago, then raised to about 250XMR just a few hours ago before going down to 70XMR.
For other Altcoin reserves and Bitcoin reserves, I haven't monitored them.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
Instead of using bisq's price as the de facto monero price, simply set the price yourselves at whatever you want it to be since you have more (real) volume than any monero exchange on the market, including the centralized exchanges.

This wont work for several reasons.

The first is that monero volume in the last 24h according to coinmarketcap was $140,037,146 XMR, and exch.cx only has 77 XMR in its reserves.

Exch.cx is just a small exchange. Kraken, Gate.io, HTX, Kucoin  etc are much bigger
sr. member
Activity: 397
Merit: 250
I'm dropping by to give a one line solution to all of exch.cx's problems with monero liquidity and the lack of profit they apparently make despite charging buyers with 5% service fees. Here it goes:

Instead of using bisq's price as the de facto monero price, simply set the price yourselves at whatever you want it to be since you have more (real) volume than any monero exchange on the market, including the centralized exchanges.

Eg: current monero price on bisq is $162, exch.cx sets it's real price at $172. You can also lower buyer's fees by a lot now.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
please add arbitrum eth/usdt/usdc/dai

will solve all our fees problem and waiting

this exchange the best regardless ‼️ this my only wish

They are very careful about adding pairs.

They even drop off their plans of adding Solana.

As far as I understand,  they are adding only coins which are already high established and valuable projects,  they do not think only about mining fees.
There could be a wish list for members to request new pairs and be passed on to the owners but as was pointed out on a couple of occasions before by members, they do not want to expand right now. You are right, they are very careful indeed about adding pairs and if memory serves correct they are against the idea of pairing with several widely used and popular platforms including TRON.

Got yesterday my Prize for the eXch Free raffle ! Grin

 Thank you !
Congratulations  Grin
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
Got yesterday my Prize for the eXch Free raffle ! Grin
 Thank you !


Yes !
Here it is Grin


Thannnnks!

That was fast delivery - congratulations on your win and I hope it will serve you well Wink
legendary
Activity: 2730
Merit: 7065
Since eXch bases its price on the average value in the last few hours on Bisq. More or less, what is the % exchange rate difference compared to traditional exchanges?
That's not easy to answer. Don't forget that each centralized exchange updates it's rates almost second by second, and they all have different rates, depending on their liquidity and orders. Bisq keeps the rates longer, maybe for a minute between price updates when you perform a swap.

I don't see big differences. You can always open a few exchanges in different tabs in your browser and observe the price movements in real time for a bit.
For instance, https://www.binance.com/en/trade/BTC_USDC?type=spot and https://www.okx.com/trade-spot/btc-usdc and then compare that to what you would get on eXch for the same pair.
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
I had a question - which may have even been answered (I apologize for the repetition).

I don't usually use the Bisq market, but being a P2P market, the exchange rate tends to be a little higher. Since eXch bases its price on the average value in the last few hours on Bisq. More or less, what is the % exchange rate difference compared to traditional exchanges?
legendary
Activity: 2576
Merit: 1248
 
 Got yesterday my Prize for the eXch Free raffle ! Grin

 Thank you !



Yes !

Here it is Grin






Thannnnks!
Pages:
Jump to: