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Topic: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20 - page 44. (Read 27792 times)

hero member
Activity: 560
Merit: 1060
For now 24h XMR volume seems to be fine on eXch: 12k XMR


I take responsibility for some of them  Tongue

hero member
Activity: 504
Merit: 1065
Crypto Swap Exchange
Bump  Smiley



Nothing very useful but I laughed when I saw the following list:


Cannot believe changenow.io and eXch are on the same boat in his mind. "these will die off or remove priv coins" lol

For now 24h XMR volume seems to be fine on eXch: 12k XMR
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
Hello.
Is btc exchange working right now even with high fees? Is there any limitation to the service?
I will try to use when fees are lower than 50sat/vbyte
Thank you.

When converting to BTC, in the case where exch sends Bitcoin, you have the option of choosing the speed of the transaction.
Of course, the fee you will pay also depends on that.

Here is at current moment
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
Hello.
Is btc exchange working right now even with high fees? Is there any limitation to the service?
I will try to use when fees are lower than 50sat/vbyte
Thank you.
hero member
Activity: 2338
Merit: 757
When a refund may be required?

A refund request state can be triggered in some situations such as:

a) your deposit took too much time to confirm and the amount you planned to receive was sent to some order that was quicker and drained the necessary reserve required by your order, since our system does not reserve output amounts in the "CONFIRMING INPUT" state for coins that may take a lot of time to confirm and are prone to double-spending *
b) your BTCLN invoice is unpayable
c) race condition with other order(s) that took your planned amount of reserve at the same time *
d) a node/wallet responsible for payout suddenly crashed or is not responsive *
I was hoping that you would add another possibility, which I consider to be a possibility, especially for less experienced users, which relates to transactions that occur by mistake. This means, for example, that he uses the Ethereum deposit address and deposits a token on it. These incidents are often repeated, and platform systems exempt themselves from responsibility, and it is not possible to blame them for abandoning assistance to one of their customers, especially since this possibility of error is mentioned in the terms of use.

Why is it optional during the order creation?

Some users prefer not to bother providing the refund address during the address creation, since mostly it's not required. Doing this extra step for providing a refund address during the order creation is viewed as time-consuming for some people. This is however their responsibility to keep their order's URL in secret and monitor the order to avoid a scenario when someone who they shared the order ID with would take a refund on their behalf, since any refund address can be entered if it wasn't defined during the order creation process.
I expect that experienced members do not care about filling all the fields because it is always obvious that the refund address is the same address from which the deposit was made. But the matter becomes more dangerous with less experienced customers, since a large percentage of them make deposits directly from other platforms, that is, from one of the addresses of that platform and not from a personal address.
legendary
Activity: 1680
Merit: 6524
Fully-fledged Merit Cycler|Spambuster'23|Pie Baker
Talking about translations, I noticed that the French section didn't have a translation of this ANN.

This has now been done

Great job, paid2! Let's hope that your translation will be added soon to OP!
Now OP is translated in 6 foreign languages!



Service announcement: eXch Android app is there!

Do you intend to try to submit the app to Google Play as well?
hero member
Activity: 504
Merit: 1065
Crypto Swap Exchange
Quote from: AliveNFT
[...]
Yesterday i translated exch ANN into Russian local board but it was deleted.. No idea why
Of course i left every single link and mentioned that this is only translate.
Perhaps because I did not coordinate with you, but I apologize in advance.
screenshot of guys that's sent me merit for translate.
[...]

Talking about translations, I noticed that the French section didn't have a translation of this ANN.

This has now been done, and I hope that French-speaking users will be interested  Cheesy

eXch - échangez instantanément BTC / LN / XMR / LTC / ETH / ERC20
member
Activity: 119
Merit: 948
[...]
What confuses me is entering the Refund address, which is not mandatory, but can be added later. However, during the process, I did not have the opportunity to enter it afterwards. Did I overlook it and why is it not mandatory? If a refund of the address was required, would I have to request a refund from support and what does that process look like?
[...]

The way it's designed is just a question of convenience and flexibility.

I will try to describe how it works in full in this brief FAQ:


How it works?

If you don't provide a refund address during the order creation process, you will be able to provide it later *if* and *when* it's needed.

The posterior refund address insertion can be only made when the page asks for it and it's a fully automatic process that doesn't require an operator intervention.


When a refund may be required?

A refund request state can be triggered in some situations such as:

a) your deposit took too much time to confirm and the amount you planned to receive was sent to some order that was quicker and drained the necessary reserve required by your order, since our system does not reserve output amounts in the "CONFIRMING INPUT" state for coins that may take a lot of time to confirm and are prone to double-spending *
b) your BTCLN invoice is unpayable
c) race condition with other order(s) that took your planned amount of reserve at the same time *
d) a node/wallet responsible for payout suddenly crashed or is not responsive *
 
and any other unforeseen situations.

* refund is optional in these cases and offered to a user in-order, since under these circumstances the order will turn into a backorder and await for a necessary reserves to be executed


Why is it optional during the order creation?

Some users prefer not to bother providing the refund address during the address creation, since mostly it's not required. Doing this extra step for providing a refund address during the order creation is viewed as time-consuming for some people. This is however their responsibility to keep their order's URL in secret and monitor the order to avoid a scenario when someone who they shared the order ID with would take a refund on their behalf, since any refund address can be entered if it wasn't defined during the order creation process.

Some users don't mind taking all the steps to fill all the fields during the order creation, which is a most safe mode of creating an order.

Every user has its individual views on the order creation process, therefore we try to cover all possible situations.

I always thought that Refund addresses were used only when exchanging XMR.

A refund can be provided for any currency.

What confuses me is entering the Refund address, which is not mandatory, but can be added later. However, during the process, I did not have the opportunity to enter it afterwards. Did I overlook it and why is it not mandatory? If a refund of the address was required, would I have to request a refund from support and what does that process look like?
If you did not include a refund address during the transaction process and there is a need for eXch to refund you, it would be sent to the address that you used to deposit the funds. In other words, if you fail to include a refund address, your deposit address becomes your refund address.

Your answer is mostly correct, except we do not detect origin addresses but instead offer a user to input it by themselves. However what you said still can be done under some marginal circumstances when a user needs to be refunded but we do not have any refund address on file and the user is not reachable for a long time, which in a such case would be a manual refund operation (except for Monero and LN deposits).

[...]
Is there some shortage of xmr at the moment?
[...]

Yes, there was for some days due to the amount of backorders totalling over 8000 XMR

Quote from: aliveNFT
[...]
Yesterday i translated exch ANN into Russian local board but it was deleted.. No idea why
Of course i left every single link and mentioned that this is only translate.
Perhaps because I did not coordinate with you, but I apologize in advance.
screenshot of guys that's sent me merit for translate.
[...]

We are very grateful to you that you have spent some time translating our topic to Russian, since a Russian translation is a very important asset that was lacking over there for a long time.

However we have no information on why your topic was deleted. Perhaps this should be addressed to moderators of the local board you have posted it in.

EDIT:

Turned out there is a whole thread in the Russian local board existing for some time already: https://bitcointalksearch.org/topic/exch-btc-xmr-ltc-eth-erc20-5464590

Special thanks to safar1980, klarki, Symmetrick and others for active participation in that thread. We have a very large russian-speaking audience across our customers and this is for sure a very valuable asset on this forum. Added it to the original post.
hero member
Activity: 994
Merit: 1089
What confuses me is entering the Refund address, which is not mandatory, but can be added later. However, during the process, I did not have the opportunity to enter it afterwards. Did I overlook it and why is it not mandatory? If a refund of the address was required, would I have to request a refund from support and what does that process look like?
If you did not include a refund address during the transaction process and there is a need for eXch to refund you, it would be sent to the address that you used to deposit the funds. In other words, if you fail to include a refund address, your deposit address becomes your refund address.
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
-snip-

I always thought that Refund addresses were used only when exchanging XMR.

You may be right, I was converting from Bitcoin to Litecoin. Even so, this part of the process Bitcoin Refund address is not the most clear to me.
hero member
Activity: 504
Merit: 1065
Crypto Swap Exchange
-snip-

I always thought that Refund addresses were used only when exchanging XMR.
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
I just made a transaction, I am quite satisfied with the whole process. Maybe I'll write a complete review somewhere.
What confuses me is entering the Refund address, which is not mandatory, but can be added later. However, during the process, I did not have the opportunity to enter it afterwards. Did I overlook it and why is it not mandatory? If a refund of the address was required, would I have to request a refund from support and what does that process look like?

I admit that the explanation on the website is not the most specific.
Quote
Refund address is optional to create an order and can be provided later when needed, however it can't be changed later once provided
legendary
Activity: 2212
Merit: 7064
Service announcement: eXch Android app is there!
New app looks very good, but I think eXch should also work fine if used with Tor mobile browser.
Is there some shortage of xmr at the moment?

Have you confirmed that the fee rate is variable between 0.5% and 1%? There is no fee rate info on the website and I'm trying to collect this data.
From my own testing and usage I can say that Dynamic rate is much better, not only because of percentage, but in cases where transaction fees are higher and  exchange happens later than usual.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
Have you confirmed that the fee rate is variable between 0.5% and 1%? There is no fee rate info on the website
Click the Calculate button, you'll see the 1% or 0.5% rates.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
What surprised me, is there is no fixed "fee per transaction". It looks like the 1% or 0.5% fee is really everything, which matters a lot on small transactions. The minimum amount is 0.0001BTC, and much lower in value for altcoins. I haven't tried a large amount, as it was only for testing and I don't really need to exchange coins at the moment.

Have you confirmed that the fee rate is variable between 0.5% and 1%? There is no fee rate info on the website and I'm trying to collect this data.
member
Activity: 119
Merit: 948
Service announcement: eXch Android app is there!

We are glad to announce the release of our fully open-source app for Android on the F-Droid main repository.

This is in fact the first app ever included into the F-Droid main repository that permits swapping cryptocurrencies.

Automatic reproducible builds permit making sure the build you run on your phone from F-Droid was compiled from the source code of the current release at Github: https://github.com/pitonite/exch_cx

While we call it a communnity app, this app was developed under official supervision of IT security specialists from eXch to ensure it corresponds to high standards in security.

Main features:

- Switching between our clearnet and Tor domains
- Custom native SOCKS5 proxy support for both clearnet and Tor domains (set to 127.0.0.1:9050 by default which is one provided by the Tor-enabling app called OrBot)
- HTTPS support and TLS fingerprint verification (both SHA256 and SHA1) for our .onion
- Written using the same framework as the official F-Droid app with minimal library dependency chain
- Ability to import orders created externally
- Ability to keep the orders history (including letters of guarantee)
- In-order support chat
- Supports most of the features available via website and API
- Fully open-source

You can support the main dev by donating:
Quote
BTC: bc1qv0klzuy8y50sq3u44dv96u5fyxdwz7pv08hxrd
ETH: 0x883a0cb1ffc22beec2840ec8650d3d297c05aaa4
XMR: 82r6JAbRCELbv11DBrfC29HsiXHQMe1QEZW3HYzhSTinhpSJTniVxPai2XFHCKfaiCMASm37EJeZq6v vE3U1B72M81Z4AW9


copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Its true that they (US + Netherlands) briefly took over Hansa market after AlphaBay was shut down - perhaps the most famous of all bitcoin/darknet "honeypots" - but they only used evidence gathered to prosecute vendors on the market who were already active..
I have seen this happen when it made rounds on the news that an IRS agent had posed a crypto vendor on the Localcryptos marketplace just to collect evidence from some guy they had been tracking down for some time. It was an interesting case.  Cheesy
legendary
Activity: 3010
Merit: 8114
In the case of Sinbad, it appears that the entity is a group of hackers funded by a government or organization, so they were not able to do much, especially since the service is a renaming of a previous mixing service that was operating on the forum.
Let me see if I understand well what you meant: are you saying that FIODNederland is a group of hackers? Not a user created by Dutch authorities?
No, he's saying Sinbad appears to be government funded. And it's not the Dutch government Wink

I can't be positive its not but I don't think the US government would do that as it would be considered entrapment. Its true that they (US + Netherlands) briefly took over Hansa market after AlphaBay was shut down - perhaps the most famous of all bitcoin/darknet "honeypots" - but they only used evidence gathered to prosecute vendors on the market who were already active.

By setting up a brand new site and enticing users who may not have otherwise wanted to mix their coin, the feds run afoul of entrapment... certain arrests wouldn't hold up in court, and thus it would be a waste of money/resources.

Who knows for sure though, anything's possible, and I'm no legal expert.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
In the case of Sinbad, it appears that the entity is a group of hackers funded by a government or organization, so they were not able to do much, especially since the service is a renaming of a previous mixing service that was operating on the forum.
Let me see if I understand well what you meant: are you saying that FIODNederland is a group of hackers? Not a user created by Dutch authorities?
No, he's saying Sinbad appears to be government funded. And it's not the Dutch government Wink
legendary
Activity: 1680
Merit: 6524
Fully-fledged Merit Cycler|Spambuster'23|Pie Baker
In the case of Sinbad, it appears that the entity is a group of hackers funded by a government or organization, so they were not able to do much, especially since the service is a renaming of a previous mixing service that was operating on the forum.

Let me see if I understand well what you meant: are you saying that FIODNederland is a group of hackers? Not a user created by Dutch authorities?
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