Topic: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20 - page 53. (Read 28038 times)

Unlocking the old account does not solve the main problem, namely that this thread is attached to the current account, which was created many years ago and which has value (and is also well indexed by search engines). Assuming that you use the old account to communicate with users, while maintaining the thread, then this also does not solve problems. The reason is that if the team will communicate with us on behalf of "eXCh", then most users will still be confused, because when they enter the thread, they will first see the account that created this thread, the account named "eXCh.cc".

Only two options

Why not consider unlocking that account instead of requesting its deletion? Given the account's age, there might be some value in doing so.
I'm not sure about the exact requirements and what needs to be done, but have you tried sending an email to the provided address?

Adding new shitcoins is (mostly) waste of time for me.
One more option I would like to see in eXch is introducing option for cash trading, but I know this can be tricky, especially in different regions and countries.

You can message theymos and ask him about this:
https://bitcointalksearch.org/user/theymos-35

We express our gratitude to all the users who tried our service and wrote honest reviews.


SlowMist have already mentioned us as an Ethereum mixing service and compared to Tornado Cash. More information in this post: https://bitcointalksearch.org/topic/m.62649320



We'll definitely update the post on another forum since our plans have changed since. We will only support well estabilished and well decentralized networks. Supporting tokens/coins that appear and disappear is not something we would like to do.


Wouldn't call them vulnerabilities since we usually refer to that word within IT security context.

The reserves of our tokens change daily and fully depend on users selling them to us in exchange to other coins. We do not rebalance coins on a purpose.

We don't exchange some popular crypto assets because they represent considerable risks to us. We don't plan to support the Tron network for now, however we may reconsider it the future.

Users who want to buy risky/popular assets usually buy ETH from us then swap to whatever they like on liquidity pools (i.e. Uniswap).



BestChange and eXch don't share any values in common. BestChange is a taint proclaiming service and require full identification of their listed services operators. More information is in this reply: https://bitcointalksearch.org/topic/m.62658004


We have registered another account back in 2014 named "eXch" which has no posts and was locked due to inactivity, however we still have its password:

https://bitcointalksearch.org/user/exch-support-317539


Maybe the forum administration will consider deleting that account to rename this one.



That's not a bug. We track confirmations of our outgoing transactions before considering an order complete, hence two confirmation processes during two different order stages. Since you have mentioned LTC to XMR, the first number of confirmations refers to the "CONFIRMING INPUT" state for LTC which requires 1 confirmation to start an exchange and the second number of confirmations refers to the "CONFIRMING SEND" state for XMR which requires 10 confirmations till it changes to the "COMPLETE" state.

I wasn't sure if I saw it correctly, so I tried again and I can now confim a bug.
When I make a transaction, I see this:
Confirming transaction... (0/1 confirmations)
And a bit later I see this:
Confirming transaction... (3/10 confirmations)

I check again (a third time), and now noticed the XMR test amount was received already when LTC had 3 confirmations. It looks like the bug is only in the interface.

I read somewhere in the comment and the exchange representative states just how it’s been put under consideration on the possibility of having to incorporate some of the popular stable coins on the platform.


I think that would serve more purpose as, these stable coins are looked up for reservations, trying to use it as an edge against volatility, quick payments amongst others which makes them a preferred for most when not looking towards investment and could bring some more patronage to the exchange. Don’t know why there is a pause on the initiative yet but, it would be one in great demand.

I tried the same exchange direction. I choose it because eXch notifies in their FAQ about possible delays in Monero delivery which is due to the impossibility of sending a next transaction in Monero before the previous one is fully confirmed. I would like to check how long could the delay last. But, as I understood, there was no queue at the moment of my exchange, and it was processed very fast. Once eXch received my litecoins, it sent monero to me.

In general, I can say that the exchanger looks safe, the fees are reasonable, the reported volumes are impressive. I see only two vulnerabilities:
1. the reserves of some tokens are quite small (yesterday I checked three tmes, and eXch always had only some Dollars in USDT);
2. more popular crypto assets are absent while less popular ones are available (e.g. there is no USDT TRC20, but eXch still supports USDT ERC20 which isn’t so widespread, IMHO).

I would just propose removing .cc and don't use anymore domains in username... theymos can make a small change in username but he won't do it all the time if domains keep changing.

The crypto market needs more of these services that maintain the greatest degree of privacy during use. I wonder how users can find these platforms without the platforms themselves promoting their services and defining their advantages compared to the rest of the exchange platforms. eXch can be considered as distinct even compared to other instant exchanges.
The daily trading volume is not bad, but I am sure that it will increase with the launch of the signature campaign on the forum. And I suggest they contact bestchange platform to get it listed there. And also amplify activity on their forum channel to get feedback directly from the community.

Happens with most old school Bitcoin related services. I don't want to mention names here, but if you look at most open source services that actually don't need KYC and offer anonymity. They mostly don't advertise, probably because they have a specific type of clientele that always use their service for years but yeah, advertising can bring in new customers.

Looking at their current 24-hour volume, it doesn't look bad.

It’s interesting how long this site and user has been around and coming back to the forum to put out the changes and improvements to the site is a plus to them.
After going through thread and background checks on the site, i could note that the genesis age of the site was met with some resentment especially with the fact that, the minimum was pegged at BTC0.11 as at 2014 which made me wonder what was the price then that kept people rumbling. I did a little research to get an insight into the price then and as at 2014;

All Time High (ATH) = $936
LOW = $310 and
End Of Year = $318
Data from: Bitcoinmagazine.com

Average = Sum/3 = $1,564/3 = $521.3
Hence, while BTC1 = $521.3
The value for minimum would be BTC0.11 = $57.3

Can’t say that’s for sure what it used to be but based on my findings, I can draw an inference on about $50.

While that might have been a lot and scary for a developing coin and projects, today’s minimum at BTC0.0001 valued at $2.6 with bitcoin price at $26.4k is a significant improvement.

A little note though,
I don’t seem to find a system of deposit available on some directive of usage on the site and this posed a challenge, which makes me imagine how it would be for a complete newbie.
And of course, the site speaks of exchange which happens to be ideal but, what happens is mainly the swapping between coins and if that could be spelt out in signature or announcement thread and possibly on the site, it would give a direct purpose to the whole idea on first site and remove the scale of having to rediscover.
You can take this to be some review on approach.

They pledged  themselves to list five more a year ago. Let's keep  hope they will do it  this year  

That's a very good point, I see!

What a legend. You're always going the extra mile when managing your campaigns!
I think you're already familiar with the Bitcointalk username changing process; last person to do that is The Skeptical Chymist, to the best of my knowledge.

There is no need to create a new thread as it is well indexed by search engines.

Among other things, I have also already notified the eXch team that it is preferable to change the username, so we are already working on this. 

It's a pity that your actual forum username still contains the old domain. Maybe worth bugging @theymos for a name change once again?

This thread also contains the old domain in all the replies of people from almost 10 years ago. I'd consider creating a new thread and closing this one, especially since it seems like the site relaunched recently? Or am I mistaken and just the Bitcointalk activity was resumed after a longer hiatus?

Quite excited to try a (for me) new instant exchange though, especially for Lightning <> on-chain funds! Keeping my eye out for that update for now.

Just got to know about this exchange through the signature campaign lunched recently, despite it being quite old (back to 2014). And although it seems to be a legit service, i wonder why there is less to no activities especially in terms of promotional materials.
Another note regarding the possibility of using the platform as a mixer since the maximum exchange rate is relatively high. I wonder whether this given is dealt with adequately or not, especially since the terms of use maintain privacy at the highest level.

Since I was invited to join the signature campaign, I did a small test (not on Mobile) to exchange some LTC to XMR. What I really like, is the lack of Cloudflare. The clearnet site just loads normally in Tor browser, and that's something mosts sites can't do anymore nowadays.
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.
So far, I'm not disappointed and bookmarked the .onion site (on my desktop). I kinda expect people to complain about the limited choices of altcoins though.

I am happy that you set up a signature/ an advertisement campaign to create more awareness about this great and legendary exchange.

It's a very service but just like me 3 weeks ago, some people have no idea about it. It's a breed of an instant exchange and a mixer. Matter of fact, I am already recommending it to some people whenever I can.

So I guess I was right when I noticed something strange was happening 
I didn't know anything about this stuff happening behind the scenes, but I am not going to use Trocador anymore if they continue doing stuff like this.
There are alternative aggregators I found on kycnot.me like Orangefren, and I am switching over to them instead.

I think that majority of members in bitcointalk forum will choose option 1 with high anonymity level, but I do understand people who are concerned because they are using more centralized exchanges.
It's much better to use decentralized exchange like Bisq, but sometimes people trade with others using P2P and other side is often using exchanges like Binance and Coinbase.

Maybe this compromise would work best for everyone, if you can handle extra complexity.

Trocador was being pressured by some of their partners who collaborate with LE and practice shotgun KYC to delist eXch by freezing/suspending operations that include coins coming from eXch, because our BTC don't pass AML checks due to not having a known single aggregation address thus it's impossible to identify them as BTC coming from an exchange without providing a proof that it was made on eXch.
Consequently, Trocador has stopped listing eXch in their results. After some discussion between us and Trocador, we have showed them that there are coins from us that pass AML checks without any issue and never get frozen at major CEX, since we use a single ETH address which is whitelisted at exchanges like Binance and Kraken already to not trigger automatic suspensions (we have communicated with both of them about this subject), therefore Trocador relisted pairs from eXch that include ETH and XMR. We have then suggested Trocador to relist BTC and LTC coming from us along with showing an informative warning to their users regarding risks from sending those coins to major CEX and "shotgun KYC" services, but apparently Trocador decided to not relist them.

This situation has turned into a dilemma for us whether to continue with mixed UTXO's at BTC and LTC or to start aggregating them on a single address. The way we do it now is a reason why many users who seek privacy prefer our service to others, because it's nearly impossible for chain analysis to track our exchanges. Having a known address at all chains would make a lot easier for chain analysis to track our exchanges.

We will probably make a poll somewhere asking our users opinion on how their prefer our service to handle BTC and LTC, having 2 options:

1. Mixed UTXO's without aggregating (our current operation mode)
Pros: high anonymity level, almost impossible to track for chain analysis
Cons: outgoing transactions usually don't pass AML checks and there are risks of getting frozen at major CEX or services that do AML/KYC

2. Aggregated UTXO's at a single known address
Pros: no risks of being frozen at major CEX or services that do AML/KYC, everybody knows your coins come from an exchange
Cons: poor anonymity level, easy to track for chain analysis (although could be mitigated with multi-address distribution and payout delays)

There may be also a third option if we make 2 separated pools for mixed and aggregated coins and let users select which pool to use for their output, however it's a lot more complicated to implement and maintain.

However, we hope that in the near future more and more people leave taint-proclaiming services and opt for decentralized exchanges like Bisq or services like ours, where AML scores aren't a problem.


No, we were not. Their site had a redesign some days ago that affected its URLs. All the URLs that had "/exchange/" part in them no longer work because they now all contain "/service/" part instead. For example, if our older link was https://kycnot.me/exchange/exch, the new link now is https://kycnot.me/service/exch.
For some reason they haven't bothered making redirects for older links.

I have updated the link in my previous post.

Also a screenshot of their site with eXch listed: https://oshi.at/DMCf.png