Topic: Forget about exchanger search! Use BestChange! - page 19. (Read 13529 times)

In most cases, the issue is connected with unavailability for our parser to access the file containing exchange rates the exchanger produces. There are many possible reasons for such situation to occur, but all of them lay upon the exchanger's or hosting's side (considering the fact that the other 400+ exchangers continue to display exchange rates correctly). In case our software is unable to correctly access the exchanger's website or to process the information produced, we do not display such data and set its status to "unavailable", although the website itself may remain accessible to users.

Is this technical issues on your side or something is wrong with original exchange website?
I tried contacting support for one of the websites that was unavailable on BestChange website and I couldn't get a clear answer from their support.
Maybe they don't speak english language very well, but I asked them a clear question, so there is no reason to avoid answering me.

⚠ Types of fraud in online exchangers

Unfortunately, there are a lot of threat actors on the internet who dream of getting hold of others' money. First and foremost, of those inexperienced ones who have not yet learnt how to tell a legit service from a fraudulent one. How can you get scammed in an exchanger? There can be several scenarios.

❌ The most straightforward one – simply not send you the funds. Such websites receive payments to anonymous wallets and disappear from the radar. Naturally, in some time, there appears a lot of negative reviews about them, and the flow of clients runs dry, and then they simply create a new domain and continue their activity.
❌ Set too high rates. The market rates of currency, especially cryptocurrency, change every second. It is hard to track them, and this is what fraudulent exchangers use. They take significantly more than the stated commission, hoping for the user's inattentiveness or gullibility.
❌ Promise the moon. Some threat actors prefer using the people's wish to earn. They promise to earn on currency exchange, using an insignificant difference of rates in different payment systems, but as a result, the user is fooled.
❌ Catch with the help of phishing. It's enough to make a website that looks like a popular exchanger or an exchanger, the domain with a similar name, and because of inattentiveness, a person can enter there their data from real accounts.

How can you protect yourself? BestChange monitor guards the interests of users. For many years we have been gathering accurate information about legit exchangers, tracking rates for all payment directions. We urge users to use the monitor for each exchange to not miss out on the benefits.

The exchangers in our monitor can have the following statuses:

Disabled – if the monitor has switched off the exchanger due to some reasons, including technical issues.

Not active – if the exchanger administrator switched the exchanger off the monitor due to this or that reason.

Unavailable – when the rates of an exchanger are temporarily unavailable due to technical issues.

We recommend that you use exchangers with the status “Active”.

Thank you for your suggestion. We will consider it and may implement it in the future. Thank you for your contribution to making our service better!

Can you please tell me what does it mean when some exchange is showing UNAVAILABLE status on your website, but their website is working fine at the same time?

My suggestion for changing your website is to add additional settings option in Exchange Monitor, if I want to track only specific payment methods interesting to me, and hide everything else.

Thank you for your suggestion, we may implement this feature in the future.

We are constantly improving our service that is why your opinion is very important for us.

Thanks for your comments, you are helping make our service even better!

I get that you can't add it to the current Table or (drop down) List. I was hoping you could add a small "there's more" link somewhere to show everything that's available.

Thank you for your question, LoyceV.

To avoid the list from getting too long, we add only the most popular tokens to it. We can add a cryptocurrency/altcoin only in case it is represented in an exchanger on our monitor and there is a steady demand for it.

Even if I ignore the (many) altcoins that aren't supported by any of the exchangers on BestChange, this isn't true. I posted this earlier (quote shortened):
I'll add an example: SimpleSwap takes XEC (only when I disable Fixed rate), but I can't find this on BestChange. I would appreciate a full list of all coins offered by any of the exchanges on BestChange.

📝 Exchanger monitor — how does it help you in everyday life?

It does not matter if you exchange money every day or got in this situation for the first time, it's important to receive relevant and profitable offers. Rates in exchangers depend on different factors, due to which the difference between different services can reach 5-10% and higher. This is a tangible overpayment. Fortunately, it's easy to avoid it — that's what BestChange works for.

With our help you:
👍 Will easily find exchangers for a required payment direction, no matter how rare it is.
👍 Will be able to sort them by an indicator you are interested in, for example, by the best rate.
👍 In case you won't find the required directions among available ones at the moment, you will be able to make a "Double exchange" through a transit currency.
👍 Will choose an exchanger out of reliable services that have been checked by many indicators.

One of the main advantages of the monitor is a practically full automatization. You won't have to compare the rates manually — it is not only time-consuming but also ineffective because the prices constantly change, especially in the case of cryptocurrency.

📈 What data exchangers transfer to BestChange

For the users to always get exact and complete information, our monitor requests a specific data pool from exchangers and regularly updates it. The frequency of updating is from 5 to 8 seconds; it gives maximally possible accuracy.

Parameters that we trace:
✔ Payment directions.
✔ Exchange rates for each direction (without payment system commissions, we consider them ourselves).
✔ Minimal and additional commissions. If the commission is a layered one, i.e. it depends on the amount; in this case, the monitor considers the maximal one out of possible.
✔ Minimal limits for exchanging for each of the directions.
✔ Reserves of all available currencies and cryptocurrencies.
✔ City where it’s possible to make an exchange (for directions with cash).

If during certain hours or days an exchanger does not work, the owners of it have an opportunity to switch the exchanger off from BestChange so that you won’t waste your time looking at irrelevant options. Thanks to all the above, the monitor is the best option to choose exchangers that are providing the best conditions at the very moment.

This is not so much our moral position, but the forced adherence to generally accepted norms. Regardless of our or anyone else's opinion, AML purity for cryptocurrency transactions has become as important a property as it is for fiat currencies. Most crypto transactions end up in centralized custodial services that adhere to standard rules for the entire global market, in particular, the fifth AML directive of the European Union (5AMLD). Therefore, in a sense, the widespread introduction of AML made BTC an analogue of NFT of the ERC-1155 standard

They ^BestChange monitoring around 238 different exchangers. I believe that each of them makes a lot of changes on a daily basis and monitoring dirty BTCs would be a very complicated job here. I'm not sure there's any automated possibility for that.

In line with this, I am interested to know if the BestChange company subscribes to the idea that there are clean and dirty Bitcoins. I mean, yes, there are probably a lot of crimes in which Bitcoins are involved as there are countless others which involve fiat, but do you think that Bitcoins involved in these crimes are tainted and are therefore dirty and shouldn't be accepted by different Bitcoin platforms?

@dkbit98

Done it, thanks!

@Huseries
Both Best.Change and Best_Change belong to us. Thanks!


@rokuen
Thank you for the signal, we will certainly investigate the matter to find out all the details and if necessary, will take measures to prevent this in the future. The exchanger you named is one of the largest on over-the-counter and such appeals are the matter of exception.

In any case, your situation requires our involvement. We will certainly get in touch with the service representatives to find out the technical details of your transaction and offer them to change the counterparty, if necessary, if they use some compromised custodial service to store bitcoin.

Please send us the transaction address and, if possible, the order number in this service, so that we could check the information in blockchain and request the details from netex24.

What I meant is: there is no "dirty" Bitcoin. A Bitcoin is a Bitcoin. You shouldn't let anyone tell you some Bitcoins have lower value than other Bitcoins.

Nice catch Sherlock, but this thread is about BestChange and I don't think it's normal that some exchangers usings clients for money laundering.

Funny thing that netex24 exchange has rules about KYT (know your transaction) https://netex24.net/#/en/kyt  they didn't even bother to translate it into English. In short they may suspend any exchange or even withhold funds if they can’t trace origin. But they ok with sending dirty crypto to their users 

So you are actively using bunch of gambling websites and unknown exchanges and you are expecting to be fully compliant with regulators  
You can do whatever you want with your coins or money, but you are publicly already doing ''illicit activities'' so I don't know what exactly you are expecting.
I told you how you can always play around those stupid rules, but you can also just use Coinbase or Binance that are best known for kissing regulator asses.

LOL. Dude, it's 2022 when companies are paying a lot of attention to the origin of funds. There are organizations such as CipherTrace, Crypto Defenders Alliance and so on to prevent illicit activities. And obviously I don’t want to be involved in money laundering.

This AML bot and stuff like that are not very smart, and you can try checking main Binance exchange hot wallet and see result you will get... probably it will show very similar ''risk''.
You can't even verify what this bot is doing and I think it's crazy trusting it, and it's even more crazy paying bunch of money for using that.

BestChange is not responsible for checking this for you, and Binance already tainted themselves with previous transaction and have connection with money laundering.
You can always mix those coins you got in some mixer, or swap them use decentralized exchanges that don't have any kyc verification, atomic swaps or p2p trading.

Does this mean we should stop using all government services?