Topic: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20 - page 48. (Read 30738 times)

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.

You can use orangefren to find better rates, but that could also mean other unwanted side effects  

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  

Fees are back to normal but we can't have XMR for now:

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

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?

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.

Correct.
Today's -18% means nothing compared on the 5 year price graph.

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.

That's an action of some real cypherpunks right there.

That changed quickly:
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....

Alright, feel free to share the experience. Btw, you gave me some homework right now. I think I test this Aqua wallet. I have never heard of it.


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.

Rumors ? Hmmm... I am curious to know about these rumors.

No, but I was thinking of testing small amount to see how it works with my Aqua wallet.
I would send any supported coin and receive liquid network L-BTC in my wallet but over lightning invoice.

I would love to see exchange with better rates, but maybe you could try with Bisq exchange.
There are rumors about more BTC-XMR decentralized exchanges coming soon.

This is the case even on big centralized exchanges, that is why they often don't allow people to withdraw xmr...they claim because of some maintenance, but they just don't have enough coins.

I understand i just hope this 5% fee will not apply to all the pairs in the future, and it is indeed for re-balancing the liquidity.

Probably because of this:
The liquidity comes from users, and more people are buying than selling XMR. Maybe the fee trading in the opposite direction can be lowered to encourage adding liquidity.

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 ?
OP does all the pairs will soon be at 5% fee? or it will stay only for ETH-XMR BTC-XMR ?
It's sad this eXch was the best in the industry until it became overpriced just recently..

Has anyone tried LN swaps on exch?

I have only tried BTC-XMR swaps, but I was wondering about switching from BTC to LN, since currently I had some issues with my "primary" CLN node and I want to get a small amount on my "secondary" semi-custodial wallet.

The problem with that strategy is that XMR is not the same as bitcoin fundamentally. Its performance has been considerable worse over time, and you will probably lose money over the years...




I think exch.cx and similar are way cheaper than mixers. People might be using it for privacy too.

I don't think there is a better one, but there are alternatives like Bisq. I mainly use these 2 options.


Since you are mining, this is a great option. So essentially your retirement funds are BTC that you have mined yourself. And you exchange every other BTC you own to XMR? That's cool.

However it is highly unlikely that coins derived from exchanges will be banned. As long as there are miners and nodes who are willing to validate such transactions, we are ok. It all depends on how "deep" chain analysis will go and how much the authorities will be able to control echanges and companies who receive BTC as payment.

You're absolutely right, I'm sure that people who do things properly sleep much better than those who don't take the time to do so 


Yeah I only use eXch, but I only use the service for my "liquidities". For example the BTC I earn here, or when someone pays me with altcoin; I always swap them to XMR first, no matter if I want to keep BTC.

You're right, I should probably use some other services, but I haven't found a better one for now. I am not worried about it, as I use Tor, internet data not under my name, and I believe eXch when they say they don't keep logs.

On the other hand, for the BTC I HODL for the long term (I mean for my old days), I don't want them to be linked to any online service/exchange. I prefer only hodl what I am mining myself. Who knows, maybe X or Y service could be categorized "non-compliant" in the future and some coins could be tainted (scenario easy to imagine with USDT/USDC for example). I am probably over-paranoid, but I have the feeling that the futures regulations in general will give a disadvantage for people using some privacy-friendly services today or in the past.

Perhaps one day our intrusive gov friends will realize that some naughty Asians dressed in green and red suits are using X or Y service to exchange funds, and that BTC accumulated by said service would become as rotten as those held by a certain forum campaign manager following recent events? I don't hope so, but it's possible.