Topic: OrangeFren.com - instant, KYC-free, exchange comparison - page 2. (Read 3422 times)

Seeing Litecoin there in 3rd place really is an unexpected surprise but in the end it is being used because it serves a purpose for the end user. What is interesting are the statistics surrounding XMR, it is still reigning supreme head and shoulders above second placed Bitcoin. With regulated exchanges being pressured to drop Monero, I did not expect to see it holding that much percentage.

I often use LTC to pay for things when neither Lightning nor XMR is accepted by a merchant. Which is surprisingly common given that most merchants linked to fiat are scared of XMR and LN is a pain to setup.

Uh, Litecoin is third with 16%, I didn't expect an altcoin dinosaur to still enjoy so much trust. I assume that due to the low fee, it is ideal for withdrawing assets from large exchanges, and then immediately converting them to BTC or XMR.

Stats for November on OrangeFren.com 👀

XMR: 39%
BTC: 25%
LTC: 16%
ETH: 11%
USDT: 3%
SOL: 1.07%
USDC: 0.72%
BTCLN: 0.38%
TRX: 0.23%
BCH: 0.22%
XRP: 0.20%
BNB: 0.18%
ADA: 0.18%
DOGE: 0.17%
ENA: 0.16%

I actually talked to TalkImg about this DDoS, but it seems to be different attacker. The same group that attacked us over the weekend also attacked eXch back in March though.

It's a bit strange to me how someone first attacked TalkImg service and tried to stop it, and than they moved to OrangeFren as one of TalkImg sponsors and supporters.
I am wondering if there is any connection between this attackers, or maybe they are the one and the same.
They are probably thinking it's easy money to attack and blackmail anything related with bitcoin. 

To the extent that I know all the coins that they freeze as a result of their shotgun KYC policies are sent to the lawyers assisting the people who claim those coins were stolen from them. I don't necessarily agree with this approach and generally regard the concept of "tainted coins" as a scam. Nonetheless so long as FixedFloat are honest about their policies I'm fine with them being listed with the appropriate warning.

Yes it is. Sorry about that. Over the weekend OrangeFren.com and our friends from BitcoinVN.io got hit with a major DDoS attack that came with an extortion.

OrangeFren got hit for 11h and BitcoinVN for 15h. Our team and the team of our Vietnamese frens decided to forward the attacker's emails to spam and shitpost on Twitter. The attack against BitcoinVN only stopped after they questioned the attackers dick size on their status page.

 



As a result of all this some new friendships were forged: https://x.com/Bitcoin_Vietnam/status/1863477577085497523

Naturally neither of us paid. I would rather shutdown OrangeFren.com myself than pay even 1 sat to someone blackmailing me. As for our friends from Vietnam - for the life of me I cannot fathom what an absolute retard someone must be to think they can successfully extort the Vietnamese

Still, they steal some of their users (hundreds of) using SoF and crazy KYC processes as a way to make people give up their funds.

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I can not access the orange fren forum, I get a "403 Forbidden" error. Is it because of some ddos attacks?

If I remember correctly, FF covered all the losses incurred during the hack. All their users were paid out. If it was different, someone correct me.
I'm not saying they're ideal, but we've seen many cases where users suffered losses from hacks.

Of course we care deeply about the quality of the services we list and don't tolerate scams. You mention that they were hacked, this is true of course, but I fail to see how it makes them untrustworthy. To the best of my knowledge their hack hasn't resulted in their users loosing any funds.

I am deeply familiar with one of the cases you linked to. However, let me assure you that in all the years we've been online we never had a single instance in which FixedFloat violated their own ToS. Every once in a while we get a user reach out about a trade gone wrong with FF (or any other exchange), we then immediately delist the exchange from OrangeFren.com and investigate. FixedFloat was delisted many times as part of this procedure. However, FixedFloat does reserve the right to require their users undergo SoF questions. They claim to invoke this based on the history of the coins that were deposited by the user. We warn our users about this. We also provide a link to click to filter out all exchanges that have a similar policy (or you can just append ?kyc_policy=never to the result page URL).

I believe our users have the right to choose. Hence the warnings, hence the filter. But if someone wants to take the risk that's their decision.

You mention that we are "promoting" FF. I don't believe this is accurate. We don't play favourites with the exchanges we list. We collaborated on a few meetups with FixedFloat, but we also did meetups together with eXch, Cake Wallet, LocalMonero, WizardSwap, and Xchange. And eXch is the exchange that processed the funds that were hacked from FixedFloat(!). We also collaborated with Majestic Bank on building Intercambio.app.

With alleged multiple hacks and millions of USD$ allegedly being stolen from them, Fixed Float are untrustworthy therefore the question has to be asked: why is OrangeFren associated with them in any capacity?

We have read the posts about Fixed Float, they have an absolutely atrocious reputation in the forum. It does not present OrangeFren in a positive light if they are promoting an exchange that has serious allegations made against them.

FixedFloat.com stole my funds
Fixedfloat is scamming me for 8000+ EUR IMPORTANT PSA!

Or people are not selling Bitcoin now, they are just hodling and waiting for new record ATH
I usually prefer face to face trading with cash, but some people are afraid to meet anyone and exchange bitcoin in person, this could be one of the reasons.

I think it's probably because of the amount minimum of 10k + lack of escrow, these two requirements together must restrain a lot of people

OrangeFren Broker Partner is still available, however the demand has been below expectations.

I'll talk to LocalCoinSwap and see if we can get them added

Is OrangeFren Broker Partner still available and working?
I don't know if you are using data from Localcoinswap.com exchange, but this is another nice alternative for non-kyc trading.
In my opinion it is better than HodlHodl I saw on OrangeFren.

TalkImg 2 - Attackers 1

Back for round 2... We are once again sponsoring talkimg.com - the preferred image hoster for Bitcointalk

Do you mean how likely is it that an exchange will provide a proof of reserves upon request?

I think most that actually have their own reserves are quite happy to do it.

How realistic is it that at your request you will receive a confirmation or verification of the reserves of some exchanges?
Three different users can see the same thing quite differently, I don't know how reliable the method is collecting feedback from users.

Using OrangeFren.com can save you lots of time in case of issues with exchanges.

5 days > 5 min



Our TrustPilot: link

Stats for October on OrangeFren.com 👀

XMR: 47.81%
BTC: 42.46%
LTC: 3.86%
ETH: 2.75%
USDT: 1.21%
SOL: 0.45%
USDC: 0.23%
BTCLN: 0.12%
ZANO: 0.10%