Hello,
I've been using eXch since a few months and saw Blixt being recommended for LN usage. However I was never able to receive anything with Blixt from eXch because of expiration limit (and likely zero-amount invoice). For the record: A channel was already opened and transactions with other LN Wallets work in both directions.
Is it possible to use Blixt on eXch to receive LN BTC? If so it would be nice if someone explains how, but I understand that this is maybe too much to ask. If not, are there any good alternatives that can be used with eXch?
Thanks in advance!
Topic: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20 - page 41. (Read 27792 times)
I have found some good options in BISQ with very low fees.
It is debatable if Bisq is better than eXch in BTC<->XMR swaps, if ignored self-custody for a moment. In Bisq, both traders need to make a total of four Bitcoin transactions. At current fee rates (~28 sat/vb for medium priority), that's about $7. Then, it is the trading fees (funding the DAO). If you pay in BSQ, it can come as cheap as 0.075% of the amount exchanged, if you're the maker. That's really low, and from my experience, you do find takers if you leave it open for at least a day. Just don't sell it at a premium price. People don't choose premium as they do with fiat trades. To me, eXch is better if you're in hurry. Otherwise, Bisq is more flexible and cheaper for large amounts.
This is exactly what I have noticed myself too. Exch is also easier to use in my opinion and it has the additional advantage that you don't have to install anything on your computer (except for TOR of course).
Look, personally, I use both for privacy reasons, I don't want to solely depend on a single application. So far, I never had issues.
I don't think EXCH lacks self-custody. In fact it is not a wallet. I think you know that, but maybe I misunderstood what you wrote.
I have found some good options in BISQ with very low fees.
It is debatable if Bisq is better than eXch in BTC<->XMR swaps, if we ignored self-custody for a moment. In Bisq, both traders need to make a total of four Bitcoin transactions. At current fee rates (~28 sat/vb for medium priority), that's about $7. Then, it is the trading fees (funding the DAO). If you pay in BSQ, it can come as cheap as 0.075% of the amount exchanged, if you're the maker. That's really low, and from my experience, you do find takers if you leave it open for at least a day. Just don't sell it at a premium price. People don't choose premium as they do with fiat trades. To me, eXch is better if you're in hurry. Otherwise, Bisq is more flexible and cheaper for large amounts.
There are more and more websites and services that accept both bitcoin and monero payments.
I know one website from Europe called shopinbit.com that is even giving 3% discount for all BTC and XMR payments, and they even have topic created here last year I think.
I know one website from Europe called shopinbit.com that is even giving 3% discount for all BTC and XMR payments, and they even have topic created here last year I think.
Yep I am aware of this website. I will check it, I have never used it, but since I am both based in Europe, I will give it a try.
I think that centralized exchanges are creating fake value for most coins, and they don't have all coins like they claim.
I think FTX's CEO faces these charges exactly. I haven't pursued the whole story, but I reckon the main accusations are because of this.
Luckily I have found some sellers that accept XMR especially in the collectables sector, so I have actually used XMR to buy stuff.
There are more and more websites and services that accept both bitcoin and monero payments.I know one website from Europe called shopinbit.com that is even giving 3% discount for all BTC and XMR payments, and they even have topic created here last year I think.
What the hell is that
Fees are changing all the time, but now they are back around 5%Even on decentralized exchanges and atomic swaps we can see something similar with different rates.
I think that centralized exchanges are creating fake value for most coins, and they don't have all coins like they claim.
But I found few interesting posts today regarding recent events related with this, and they will explain better what is happening with eXch rates:
Binance is going to continue xmr perpetual contracts, so expect manipulation from CZ and CMC to continue.
I guess it's to protect the exchange against speculation. If I'm not mistaken, the total balance on eXch dropped quite a lot yesterday.
The fees dropped to 10%/9% already. Exchanging the other way is 5%/5.5%, and surprisingly the Dynamic rate is the highest for this trade.
The fees dropped to 10%/9% already. Exchanging the other way is 5%/5.5%, and surprisingly the Dynamic rate is the highest for this trade.
It worked to be honest. The high fees made me rethink and I didn't proceed personally. I have found some good options in BISQ with very low fees. There are options definitely. I think Exch uses good automation tools to avoid issues. So, to this extent, well done to the Devs.
What the hell is that:
I guess it's to protect the exchange against speculation. If I'm not mistaken, the total balance on eXch dropped quite a lot yesterday.The fees dropped to 10%/9% already. Exchanging the other way is 5%/5.5%, and surprisingly the Dynamic rate is the highest for this trade.
Lol yeah, I always find funny people who are trading XMR on Binance.
They simply does not care about the qualities/goals of XMR, and probably bought it because of some temporarly hype on X or any other social media,
But this is great news, no more shitty Binance related things for this community. Thus, no more Moneruns needed anymore (for now). The less "paper XMR" they sell, the better it will be for people.
They simply does not care about the qualities/goals of XMR, and probably bought it because of some temporarly hype on X or any other social media,
But this is great news, no more shitty Binance related things for this community. Thus, no more Moneruns needed anymore (for now). The less "paper XMR" they sell, the better it will be for people.
For me XMR is a tool and nothing more than that. It serves its purpose perfectly. And its purpose is to be used for anonymous payments. Luckily I have found some sellers that accept XMR especially in the collectables sector, so I have actually used XMR to buy stuff. And I really like it. So as long as I can have more of this tool, I feel good about it. However, there is a catch. Payments must be in XMR and not in USD (but paid in XMR). Because 1 XMR is 1 XMR but if the price is converted from USD to XMR then the seller will want the same price as before the dump, but you will need to pay higher amounts in XMR.
Back to the "new normal". 23 sat vB is still pretty high imo.
I always transferred with less than 10 sat vB, usually even below 5. Just needed some patience..
I always transferred with less than 10 sat vB, usually even below 5. Just needed some patience..
I am sure that paid2 was refering to the XMR-BTC trading fee which diminished from 5% to 1%
EDIT
What the hell is that:
Fees are back to normal but we can't have XMR for now:
Back to the "new normal". 23 sat vB is still pretty high imo.
I always transferred with less than 10 sat vB, usually even below 5. Just needed some patience..
Fees are back to normal but we can't have XMR for now:
Interesting. It looks like XMR first got dumped, and then bought back cheaper at eXch.Since the price is based on other exchanges, that might be open to manipulation.
Update: It's not just that trading pair, I checked a few other pairs and directions, and it looks like all XMR trading was halted.
Personally I haven't found much better rates using Bisq, unless I wanted to wait for a week or so. But normally I pay something like 4-5% on each trade with Bisq.
You can use orangefren to find better rates, but that could also mean other unwanted side effects The 5% fee is back to 0.5 or 1% again. Probably because Binance delisting Monero. Monero dropped 17% now. Imagine that, people dumping their privacy coin because they can no longer trade it on a KYC exchange....
I was checking out the same thing after I heard the news about delisting, and monero is now down over 30% thanks to binance 
This is probably a very good chance for every trader to earn good profit with BTC - XMR trading pairs in both directions, but watch about everyone, rates are going crazy.
Trading volume on eXch is going crazy right now
The 5% fee is back to 0.5 or 1% again. Probably because Binance delisting Monero. Monero dropped 17% now. Imagine that, people dumping their privacy coin because they can no longer trade it on a KYC exchange....
Fees are back to normal but we can't have XMR for now:
The 5% fee is back to 0.5 or 1% again. Probably because Binance delisting Monero. Monero dropped 17% now. Imagine that, people dumping their privacy coin because they can no longer trade it on a KYC exchange....
That's an action of some real cypherpunks right there. Probably also a lot of people that keep their coins on exchanges for trading that have no way of moving it to their own wallet since they don't have one....
The just sell it and get out attitude.
More for us at better prices....
-Dave
Lol yeah, I always find funny people who are trading XMR on Binance.
They simply does not care about the qualities/goals of XMR, and probably bought it because of some temporarly hype on X or any other social media,
They simply does not care about the qualities/goals of XMR, and probably bought it because of some temporarly hype on X or any other social media,
For day traders, it doesn't matter which asset it is. If the XMR graph shows potential, they will trade it, regardless of the features they offer. Isn't it more fun to watch trading meme coins that have almost no clear parameters based on which the price will fluctuate?
I think XMR price is astonishingly attractive at the moment! I still can't get my head around this drop. In fact this drop is not justified at all. Like Loyce said, it's surprising that people quit privacy coins because they can't buy them without maintaining their privacy.
Lol yeah, I always find funny people who are trading XMR on Binance.
They simply does not care about the qualities/goals of XMR, and probably bought it because of some temporarly hype on X or any other social media,
But this is great news, no more shitty Binance related things for this community. Thus, no more Moneruns needed anymore (for now). The less "paper XMR" they sell, the better it will be for people.
I think XMR price is astonishingly attractive at the moment! I still can't get my head around this drop. In fact this drop is not justified at all. Like Loyce said, it's surprising that people quit privacy coins because they can't buy them without maintaining their privacy.
is there any kyc exchange that still list XMR? I think kraken does.
Correct.Today's -18% means nothing compared on the 5 year price graph.
The 5% fee is back to 0.5 or 1% again. Probably because Binance delisting Monero. Monero dropped 17% now. Imagine that, people dumping their privacy coin because they can no longer trade it on a KYC exchange....
Haha exciting. Gonna do some exchanges for sure. By the way, is there any kyc exchange that still list XMR? I think kraken does. But anyway. I am still surprised how easy people forget their whole investment thesis because of a minor change in the environment.
The 5% fee is back to 0.5 or 1% again. Probably because Binance delisting Monero. Monero dropped 17% now. Imagine that, people dumping their privacy coin because they can no longer trade it on a KYC exchange....
That's an action of some real cypherpunks right there. I wonder why recently some pairs BTC-XMR for example charge 5% fees on eXch when just few months ago it was 0.5% fee ?
Probably because of this:Code:
Reserves
XMR 0
BTC 88.43136183
Code:
Reserves
XMR 12339.699295434601
BTC 12.95379134
Jump to: