Topic: [List] Instant exchanges - page 3. (Read 3300 times)

I remember now, I was able to see its transition from focusing on India's INR and saw that change of being a coinswitch PRO. By this means, it's no longer part of the list as it's no longer an instant exchange. Yes, I saw that you've removed it now on the list, thanks.

Probably and they wouldn't mind anymore as they've transitioned and focused into their local market and I guess the forum doesn't mean anything to them anymore.

But despite that, they all started being popular in here though the main market of theirs is no longer gonna come from here.

I left them a neg because they had lots of scam accusations around, including in their ANN thread, and they never bothered to come around to resolve them. Even their trust pilot is full of accusation to this date.

Initially they had a main account that got banned for some reason, and then they decided to use a couple of Alt accounts as reps, but they would still not resolve issues amicably, or they would just ignore the complaints

Maybe the ban made them abandon the forum.

You should be able to access the site with an Indian VPN, I just did.

But as mentioned in the previous page, it doesn't look like they're operating as an instant exchange anymore. It's just fiat (INR) <> crypto app now and they recently launched "CoinSwitch Pro"[1] which acts as an aggregator for CEXes (Indian ones only) and is meant for arbitrage trading.

[1] https://www.entrepreneur.com/en-in/news-and-trends/coinswitch-pro-launches-its-multi-exchange-trading/439758

Are you guys still able to use coinswitch? Even if I use a VPN or not, it's not allowing me to access the website. I've used them before and was having no issue at all until I can't access them anymore and I don't know if some changes have made.

I've checked their ANN thread and saw that their rep left a neg rep by logfiles. Probably there's a relation to why it's no longer accessible and if so, I guess it should be removed from the list.

There is no trace of an instant exchange on the website.

Everything is about their new product which is basically a diet coinbase - you have an app for easy buy and sell and a pro version on the web for those wanting a trading terminal. On the pro version and from the screenshots available on their website, every trading pair is with fiat.

I haven't had the chance to look into their app as I probably have to KYC in order to access it and there seems to be no support articles about it on their website either but I expect it to be more or less the same. Further, If they do ever offer crypto swaps in there, it wouldn't fit into the instant exchanges category since you have to do the tedious steps of making an account, deposing into your wallet first, etc... instant exchanges removed as a selling point.

That makes sense now. I wasn't able to see any TOS as they would even allow me to see the homepage of their platform

What I am curious about is if they still offer the instant exchange feature. The last time I check them, it seems they had changed the way they operate things to just buying and selling crypto for fiat. Is it still the case?

According from their terms of service, they only service people from India but you can probably access the website from other countries as I used a Singapore IP for this lol.


In case anyone is wondering, KYC is ofc mandatory.

You forgot to remove coinswitch from the list mate 

Now they are even geo-blocking users. Is anyone else able to access it or does anyone know from which particular jurisdiction they are accepting clients?

Removed from the list:

- MorphToken (the site is live but you can't exchange).
- InstaEx (the site is down as mentioned above).
- Fox.exchange (they're no longer operational, but you can still contact the support if you need help with an existing order).

I can see that there are some new (instant exchanges) added to KycNotMe: https://kycnot.me/

Has anyone tried them? Some of them are only available in Tor.

I've been using simpleswap since i came across it 2 years ago on hive blog post, it works fine. Had issue couple times, support resolved them promptly. Amounts were usually around $300, you may get scammed if you are very rich idk

It works well, even on Tor, but the exchange rate is quite bad.

That's probably the reason for the bad exchange rate: the spread between Bid and Ask is very large for most coins.

freebitcoins.com/swap is updated to https://altquick.com/swap/

(no kyc, but only uses our exchange on https://altquick.com/)

(sorry to bump the topic)

@OmegaStarScream

- flyp.me added the lightning network a couple of months ago https://hive.blog/bitcoin/@flypme/instant-crypto-exchange-flyp-me-adds-support-for-bitcoin-lightning-network

- Instaex.io is offline

- CoinSwitch has changed I believe. It's now an app for phones in which Indians can buy cryptos after the KYC (from what I understand)
in 2022 https://coinswitch.co/
in 2020 https://web.archive.org/web/20200818220309/https://coinswitch.co/

I just added a warning to the OP.

But everyone should do this before using anything, it's a matter of responsibility and due diligence. We can't complain if we haven't read "a contract" before using it. It's like if you take out a loan at the bank, don't you read the terms?


I wouldn't call it misinformation but rather a lack of information or an omission, idk.
And I can't change anything, this is not my topic


no, and surely not

greetings!

Then he can change it like Flyp.me to No/depends instead of No.
I don't think that you can assume that everyone is reading the ToS before using the services.

And if you all know that then why is this information not shared before listing all services?
For me this is clearly false informations. Change it or make it explicit that they could ask for KYC.

That shouldn't be a hard task. Assuming that it's not done by purpose.

@Koenigswanderer

We all know since the begining the sites listed in the original post can ask for identity verification when they want, as they please if their system detects something suspicious. But the main point is that you can make a swap without an account and without verifying your ID. Again, unless they detect something shady.
It's like joining Facebook: you don't have to provide personal documents but they can ask for it whenever they want if they detect something suspicious

The information isn't outdated, it's a matter to people to read the ToS before using any service

Godex.io:
"Your deposit funds have been moved to our partner's cold storage where they will remain untouched until the verification process is passed. We sincerely hope for your understanding. "

Source: https://www.trustpilot.com/review/godex.io?stars=1

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Simpleswap.io:
"The fact is that in case of refusal to go through the KYC procedure, we need time for additional verification of the information from a third party, (who requested to suspend the transaction)"

Source: https://www.trustpilot.com/review/simpleswap.io?stars=1

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ChangeHero.io
"ChangeHero follows a risk-based KYC procedure. We ask you to complete a KYC procedure if our threat detection system flags your transaction."

Source:
https://changehero.io/

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Bity.com:
"Swiss regulated and AML compliant brokerage."

Source:
https://bity.com/products/cryptocurrency-exchange

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The informations are outdated. You should verify and update or delete this thread.

That's strange. It does appear that they're no longer offering that service but I can't find any official statements from the team. CoinSwitch Kuber (the fiat exchange) officially launched back in 2020[1] but at the time, the exchange aggregator was still running... I'll remove it from the list, thanks for letting me know.

[1] https://medium.com/coinswitch/coinswitch-kuber-is-officially-live-e4dbfc7d1d33

Not sure what happened to coinswitch but I don't think it deserves to be on the list of instant exchanges anymore. The whole layout is now different. More like regular exchanges where you purchase or Bitcoin for fiat and vice versa. Like how coinbase.com operates.

I don't see the feature to instantly exchange crypto to crypto like it used to be.