Topic: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20 - page 9. (Read 29112 times)

Warning to all ByBit users: your funds and privacy are at risk.

The high-risk exchange ByBit misleadingly designates eXch as a "high-risk exchange". ByBit freezes funds coming from eXch and other exchanges that respect users privacy, asking customers who wish to have a right to privacy for source of funds.

By definition, eXch is a low-risk exchange, because:

• eXch users never risk to have their funds frozen, therefore there is very low risk of losing funds in this context
• eXch never asks for additional documentation that would compromise users right to privacy, representing low-risk trading environment for its users
• eXch users have very low risk of losing their identity confidentiality or funds compared to users of other exchanges because we follow high standards in information security and offer privacy-oriented options such as .onion domain and lack of clearnet infrastructure relying on data-harvesting companies like Cloudflare, also providing our users with secure and private wallet recommentations to ensure they never lose their funds or reveal their digital identify when they don't want to do so

By definition, ByBit is a high-risk exchange, because:

• ByBit users risk their deposit being frozen by ByBit and asked for documentation proving origin of their funds without a right to refund, representing a high-risk environment for trusting funds to them
• ByBit identifies any legitimate on-chain coin sources that can be used pseudonymously/privately (such as eXch, Thorchain or CoinJoin protocols) as "high-risk", by default threatening users who wish to have private on-chain with having their funds confiscated, making ByBit high-risk and dangerous for the whole cryptocurrency industry
• ByBit is abusing its users trust by marketing themselves as "safe" but doing absolutely the opposite by freezing and confiscating its users funds, which is high risk for users
• ByBit is dictating its users what exchanges/protocols they can or can't use, blatantly violating all the ethical and anti-monopoly principles aiming to create fair conditions for all industry players, acting as a high-risk player itself for the whole industry

ByBit is an anti-crypto and by definition a high-risk exchange that does not understand core cryptocurrency cultural values. Meanwhile ByBit performs disinformational campaign calling projects that promote privacy on-chain as "high-risk", which automatically takes all the credibility from them for such misinformation.

We at eXch recommend staying away from high-risk exchanges such as ByBit and others that do not respect on-chain privacy to avoid having your funds randomly lost.

The following screenshot represents an email sent from ByBit to eXch user who deposited funds from eXch to ByBit, having the deposit frozen by ByBit for more than 2 months and demanding for SoF (origin of funds):


[direct link to oshi.at] [onion link to oshi.at]

Any high-risk exchanges like ByBit calling eXch "high-risk" are not threatening eXch, they are threatening the cryptocurrency industry in general, creating a dangerous precedent putting basic human rights (such as a right to privacy) at risk.

The current and up-to-date list of centralized exchanges that consider eXch a low-risk exchange equally can be found at our FAQ page.

We are also preparing some countermeasures to protect our customers from abusive practices of malicious AML screening providers and high-risk exchanges such as ByBit that do not value transparency we (eXch) provide, which will be a subject of one of our next forum posts.

You can have referral links in your signature, there are not many restrictions if it is not a question of prohibited services such as mixers for example.
Whether it is allowed as part of a paid signature usually depends on the rules of the campaign written by the manager. And here, too, it is most often ok to use the referral service code from the signature, but there are still exceptions. Still, in such cases, everything depends on the campaign manager and the conditions he has set.

It will immediately be reported to mods once someone post a ref link but wearing them under your signature is allowed if I'm not mistaken? Only if you do not participate in the eXch campaign, or does it also apply to non-participants?

Regarding the general rules of the forum, it is not allowed to place ref links in posts - although there are exceptions in the form of someone opening an ANN thread which, if I'm not mistaken, can contain a ref link. Also, a few years ago there were some members who literally spammed the Gambling board with their ref links, but they were apparently allowed to do so - I think I even opened a thread on Meta about it.

You mean to add eXch inside Trezor Suite app?
That would be nice option to have, but I think Trezor would charge higher fees than using eXch directly, and I am not sure they both parties would agree on this partnership.
Trezor have their own company invity.io that is dealing with all swaps in Trezor Suite app.

I know, but the method I suggested can't be considered spam. First of all, I signal a desire to use someone's referral link so the other person can benefit from it (or we both benefit from it), but there would be no public sharing of referral links. I would ask others to PM me. It's not spam if I invite other people to send me messages containing the links I want to receive.

Posting referral links publicly isn't allowed. Sending unsolicited PMs with or without referral links isn't allowed either.
What I suggested is neither spam posting not unsolicited PMs. 

I respect that 

The forum would probably become wilder if it were allowed to share referral links or if it was ok to spam via PM with affiliate offers.

You can always mention that you would be interested in using someone's referral link for eXch in this thread and ask users who are interested to send you their ref. links over PM. None of you would be breaking any rules. Just don't post the links publicly on the forum.

This isn't going to last for long. There is already information that the exchange has started requesting users to undergo KYC and I am sure we will see more and more of this in the future.

I think the team behind eXch wants to remain anonymous, and probably for any cooperation with Trezor or any similar service, it is not possible. Companies like Trezor must have valid contracts for any cooperation, and there must be real names and not random nicknames from the Internet.

A question that has just come up is why eXch doesn't have integration with some HW like Trezor for exchanges (or does it already have)?

I remember that Godex appears in the Trezor swap exchange options, it would be great if eXch was there too.

You can create an account on Polonix without KYC. Just email and password is required. If you do that, you will find it to be true. I took that screenshots the time I was posting. It is very true.

You are using altcoins and not bitcoin. Use exchanges with low fee. Onchain withdrawal fee on MEXC is $1.8. After OKX was banned in my country, I started to know that MEXC has been an exchange I ought to have been using few years ago but I did not know I was missing something. It has the lowest trading fee also. You can also withdraw up to 10 BTC worth of crypto daily on MEXC without KYC.

i have account there, fees to withdraw btc is this, but, i use other low fee s coins...

I don't have account on Poloniex and can't check that by myelf, but Pmalek should be right.
See the post made by Oshosondy on another thread some days ago.

Are you sure that is the correct information? I know that some CEX (like YoBit) had a fixed withdrawal fee that was quite high even when they had some reputation, but if someone asks for even $200 to withdraw your BTC to a non-custodial wallet, then it's not a fee, it's pure robbery.

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@examplens, considering that @icopress advises not to put ref links in the signature, there is always the possibility of using a website link in your profile - that way you get some kind of visibility and the option of not having to send a PM to anyone even if they ask you for a link.

Usually on other channels, blogs, social media and the like. I guess it is also possible through signatures, although I am not sure if it is allowed for campaign participants.
For example, I can send you my aff link through PM, but only if you ask, I can't do it arbitrarily.

I saw that the affiliate program is very good, i'll have to swap bitcoin again for another coin with a higher value today, i'd prefer to use someone's referral link as a way to help those who are promoting, but it seems that there is a forum rule that prevents posting affiliate links directly in the post.

If you are using affiliate links, how are you promoting them?

Feel free to add Poloniex to that list of unfair crypto exchanges. I read somewhere on the forum yesterday that their bitcoin withdrawal fee is over $200. It's something like 0.003 BTC if I am not mistaken. It's pretty clear that they want you to give your bitcoin to them and either trade it for some altcoin or withdraw a "bitcoin-token" using an alternative blockchain. Either way, the result is the same: the BTC stays with them.

I agree, the fees are more than fair given the quality of the service provided.

For me, the following idea is what puts eXch really above all others competitors:


Defending ideas that (I think) brought us here in the first place, more than "profit first", is something exceptional enough to be highlighted IMO.

They demonstrate this regularly, whether through large donations (to SimpleX, Thorchain, or Tor Project among others), by participating in/financing the development of a light Bisq client, or, for example by providing the first Lightning-Network compatible wallet available on F-Droid.

When I see how some other companies in the industry treat their users (1 , 2 , 3) (like "profit before principles/rights", without even mentioning cypherpunk ideas btw...), I'm glad we have access to a reliable, non-intrusive service like eXch.

+1
Love to see you back with more feedbacks, the fees is just one of the things that put eXch above their competitors.

On my iOS, the coin control option is on the sending screen, without needing to access the advanced settings, just above the fee rate, there is the option: UTxOs and the number of UTxOs available in the wallet, in my case: 1.



It seems that Unstoppable doesn't have a way to set a passphrase, I tried a few weeks ago, but it seems that it really doesn't, so at the moment I'm more inclined to prefer using Stack Wallet or Coinomi.

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Yesterday I used eXch's service to exchange BTCxLTC, everything went well, I loved the service, I found the fees attractive compared to other services, I will definitely use it again!