Topic: MONERO.CX | MONERO AND BITCOIN SWAPS | FAST | NO LOGS | CHEAP (Read 584 times)
Hi, is this still working? Because, I get this error once I create a new exchange:
I was waiting to post this for the bounty program, but that takes too long so I'll post it already:
Your exchange can be gamed!
If I create an exchange now, the Letter of Guarantee shows:
Your exchange can be gamed!
If I create an exchange now, the Letter of Guarantee shows:
What do you do when you run out of either Bitcoin or Monero?
I am not monero.cx from [Suspicious link removed] from bitcointalk
~
jamyr wanted to tell you to update your contact information, instead of
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512
SUPPORT:
@monerocx on Telegram
@monero.cx on BitcoinTalk.org
If you have an issue with your exchange, please include the exchange URL and the PGP-signed proof when you contact staff. This will greatly ease us in the process of assisting you.
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=+0tU
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Update it with your unique bitcointalk uid which is:
monero.cx
https://bitcointalksearch.org/user/monerocx-3228521
~
jamyr wanted to tell you to update your contact information, instead of
Quote from: must_be_somebody_from_monero.cx link=https://monero.cx/contact.txt
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512
SUPPORT:
@monerocx on Telegram
@monero.cx on BitcoinTalk.org
If you have an issue with your exchange, please include the exchange URL and the PGP-signed proof when you contact staff. This will greatly ease us in the process of assisting you.
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=+0tU
-----END PGP SIGNATURE-----
Update it with your unique bitcointalk uid which is:
monero.cx
https://bitcointalksearch.org/user/monerocx-3228521
Quote from: monero.cx
. . .
We are working on this reputation and are paying for honest reviews soon (manager will have a thread up shortly). Positive review is not what we are insinuating, we want feedback and honest reviews. It may just be the start for us but we will be here for a long time.
. . .
Is there an available thread created for this? Coz I've got a thing or two I was ready to recommend to add to my blabbering but since I've seen you will be paying for such, I'd like to spit it out where its paid.
(there aren't many service that pays while you honestly and sincerely slap them in the face! lol)
Oh and by the way.
Welcome to bitcointalk.org
Update: Minimum and maximum swaps implemented
We have you trade against our personally funded pool and have no problem providing proof of reserves.
Great! If you want I can confirm the approximate amount from a signed message. Feel free to email [email protected] (sign with the date, your site's name, my name, and anything else to make clear what it's about). I won't post your address.This is the signed message:
Quote
monero.cx proof of funds. See TXID xxxxxxxxxxxxxxxxxxxxxxx. This represents about half of our total holdings, the other half being in XMR.
I've censored the TXID. Note that I haven't verified XMR-holdings. 
Sounds interesting. Was just wondering where do you get the conversion rate from ? API ? You change it manually every few hours ?
Quote
We charge a 4% fee on exchanges,
making us one of the most affordable
ways to get Monero. Compared to
the high markup of sites like
LocalMonero.co, a 4% conversion
fee is a great deal to get the most secure
cryptocurrency around.
making us one of the most affordable
ways to get Monero. Compared to
the high markup of sites like
LocalMonero.co, a 4% conversion
fee is a great deal to get the most secure
cryptocurrency around.
Are altcoin to altcoin trades really that expensive? I'd imagine that binance has cheaper withdrawal fees for XMR than that, no?
The design is lacking, especially compared to your main competitor (fixedfloat), but I can appreciate what you're creating here. XMR.to left a gaping hole that no one has really filled yet. (I guess fixedfloat attempts it.)
It would be interesting if you found a way to implement atomic swaps, although too nich-y maybe (but you are already very nichy)
https://www.reddit.com/r/Monero/comments/ly62tk/let_there_be_swaps_public_xmrbtc_atomic_swap_demo/
This actually looks so promising I might fiddle around with it myself & host a small demo.
All other instant exchanges simply take your money, deposit it to a centralised exchange, and then withdraw it to you. At monero.cx, we fully get rid of this unneeded middleman. You are trading your coins against our coins, therefore a third party can not have any interaction or cause issues like KYC.
What do you do when you run out of either Bitcoin or Monero?Just realised we have the max part missing. Thanks for letting us know, this is a dynamic rate based on our reserves and will be fixed shortly.
There's still no maximum on the website.We have you trade against our personally funded pool and have no problem providing proof of reserves.
Great! If you want I can confirm the approximate amount from a signed message. Feel free to email [email protected] (sign with the date, your site's name, my name, and anything else to make clear what it's about). I won't post your address.Update: see here.
You should make a post about it on Monero subreddit, that is the place where most Monero community hags. https://old.reddit.com/r/Monero/
- I see no space for the current news or updates on the site. I think it is needed to have since it is an important part. People instantly know about everything happening on monero.cx from the news space.
- Do you have no plan for other coins? Only BTC-XMR? In my opinion, to improve the number of users faster, you need to add other top coins. By the way, I like the concept of a simple site, but it doesn't mean having two kinds of crypto coins only. IMO
- Do you have no plan for other coins? Only BTC-XMR? In my opinion, to improve the number of users faster, you need to add other top coins. By the way, I like the concept of a simple site, but it doesn't mean having two kinds of crypto coins only. IMO
You bring up good points here. First off, we will add some news and updates on the second post. Fixing some stuff currently.
Second, it will only ever be Bitcoin and Monero. We are not interested in expanding to other coins currently. This is our niche. Why do we do this?
Fun fact: All other instant exchanges simply take your money, deposit it to a centralised exchange, and then withdraw it to you. At monero.cx, we fully get rid of this unneeded middleman. You are trading your coins against our coins, therefore a third party can not have any interaction or cause issues like KYC.
We believe that the above approach is not very good as you are doing something the customer could do on their own, in pretty much the exact same time. Our entire goal is to be transparent and easy so that you know what is going on behind the scenes.
Low fee, no kyc requirement, fast conversion. These all are the features that makes monero.cx best exchange available.
I am really fed up of doing kyc as it runs the risk of losing your important personal data if exchange get hacked or it is sold by exchange.
Minero.cx will set an example for other exchanges too and they will also reduce their exorbitant fees.
I am really fed up of doing kyc as it runs the risk of losing your important personal data if exchange get hacked or it is sold by exchange.
Minero.cx will set an example for other exchanges too and they will also reduce their exorbitant fees.
- I see no space for the current news or updates on the site. I think it is needed to have since it is an important part. People instantly know about everything happening on monero.cx from the news space.
- Do you have no plan for other coins? Only BTC-XMR? In my opinion, to improve the number of users faster, you need to add other top coins. By the way, I like the concept of a simple site, but it doesn't mean having two kinds of crypto coins only. IMO
- Do you have no plan for other coins? Only BTC-XMR? In my opinion, to improve the number of users faster, you need to add other top coins. By the way, I like the concept of a simple site, but it doesn't mean having two kinds of crypto coins only. IMO
Opening the first web, it seems like an instant exchange, maybe a bit like doing a swap. I did not find whether I should register or like DEX in sync with a wallet. It seems you need to review how this works.
This isnt a dex, and yeah it is instant. You just open the swap, then send between min and max and then you get the proper amount sent to your wallet.
Opening the first web, it seems like an instant exchange, maybe a bit like doing a swap. I did not find whether I should register or like DEX in sync with a wallet. It seems you need to review how this works.
I like the idea of having a private way to exchange your bitcoins to monero quickly with no logs and KYC. If this service gains the users' trust, which will happen over time, you should consider that it'll be very active. Work on the UI. I know that you don't care at the moment about the styling, but, personal opinion: Some people judge a book by its cover. Also, you should have added a contact button before you publish it here with a signature campaign.
I'm not sure if I ever need monero, since bitcoin does fine along with a mixer, but if I do, I'll visit your exchange, be sure.
Thanks. This was something we had forgotten, will be fixed shortly. monero > mixing I'm not sure if I ever need monero, since bitcoin does fine along with a mixer, but if I do, I'll visit your exchange, be sure.
I like the idea of having a private way to exchange your bitcoins to monero quickly with no logs and KYC. If this service gains the users' trust, which will happen over time, you should consider that it'll be very active. Work on the UI. I know that you don't care at the moment about the styling, but, personal opinion: Some people judge a book by its cover. Also, you should have added a contact button before you publish it here with a signature campaign.
I'm not sure if I ever need monero, since bitcoin does fine along with a mixer, but if I do, I'll visit your exchange, be sure.
I'm not sure if I ever need monero, since bitcoin does fine along with a mixer, but if I do, I'll visit your exchange, be sure.
I saw on the monero.cx site there is no minimum limit for sending Monero to BTC and BTC to Monero, maybe it can be added as a reference to find out the minimum limit and worry about a failed transaction if we try with a balance that is too low.
and I think you complete the contact data listed on the Monero.cx site in order to increase user confidence in the future.
and I think you complete the contact data listed on the Monero.cx site in order to increase user confidence in the future.
as for the bitcoin signed messages, that is definitely something we will consider, however they are an extremely bad form, at least in my opinion. With PGP proof, it is verified against our main PGP key. With a signed bitcoin address message, anyone could make an address, and make a message claiming to be us with all of the info
It works like this: you post one address on your website (and an unedited post on Bitcointalk), and sign all messages using that address. That proves you're the one signing them. Ideally, you'll use a vanity address (1MoneroCXxxxxxxxx).Quote
(I'm assuming you mean on an individual deposit address) therefore this doesnt seem feasible.
Nope, that wouldn't make sense.Quote
PGP verification can be done through a browser, there is only optional software. Also, PGP proof is also not tied to the website being up, whether it is up or down or left or right, the PGP proof proves the swap and can be independently verified anywhere on the internet or your PC, same with a bitcoin message.
I don't like browser plugins, and the few times I verified PGP was a hassle. That makes me think not many people actually verify it.Quote
As for other exchanges, our main priority is to be entirely transparent. Transparent fees, you know going into it you have your swap verifiably proven, there will be no KYC, and it will be quick. Did you know that many 'instant exchanges' literally just use an API to deposit the funds to a centralised exchange and then send you the coins from there?
My assumption was/is they use exchanges to swap the amount you swap, but usually send it from their own reserves. This way they don't risk volatility, and minimize withdrawal fees.Quote
We have you trade against our personally funded pool and have no problem providing proof of reserves.
Great! If you want I can confirm the approximate amount from a signed message. Feel free to email [email protected] (sign with the date, your site's name, my name, and anything else to make clear what it's about). I won't post your address.Thanks, I was confused. I thought you meant on a per-swap basis like a PGP message would be. That will most likely be in the pipeline.
Can send reserves as well
interesting concept but still not familiar for me (send some BTC get XMR and vice versa). pay attention to this concept and will definitely provide a review. love xmr, hope monero go moon.
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