We don't know how much liabilities an exchange has hence how would we know how much of their PoR would cover? On another note, didn't some of the auditors even backed out lol?

That being said, I don't find it reliable and it honestly sounds like a gimmick to me. As a whole, it doesn't change the whole picture when it comes to the level of caution I need to have when using CEX so I don't care that much.

Question! are they also nuking the USDT pair counterpart of these coins?

I took a quick look at the mentioned pairs and they don't appear to be performing well which is probably because its USDT pair counterpart overshadows them hence someone could also say binance is merely cleaning up.

I know they've been hacked in the past which certainly puts a dent on my book, see: https://www.coindesk.com/business/2021/12/05/crypto-exchange-bitmart-hacked-with-losses-estimated-at-196-million/

Secondly, quick lookup indicates their level 1 kyc tier (filling out a simple form, no selfie or any documents needed) is very limited


I don't see myself using them currently since I could find a better offer out there for my use case. Perhaps if we had more freedom with their no-kyc/level 1 tier, I would.

From what I understand, localcoinswap has a non-custodial wallet, no?

Suppose you have received USDT on your address. In order to move it to another address you would need TRX in the same address which will be used as a transaction fee -- and that is how you activate an address, you just need to send a couple of TRX to it. Try looking up an address with no TRX on tronscan.org and it will be marked as "inactivated address"

My guess is scammers are twisting some words in order to scam people. There's absolutely no need to slide on your DMs for this.

If you happen to visit this thread again, try looking into no-kyc p2p exchanges, see: https://kycnot.me/?cash=on

I'd say agoradesk is the most beginner-friendly, robosats is balanced and bisq may not be beginner friendly but has the best privacy and security at the moment.

That's actually a good precaution method. Running a VM is another way to compartmentalize potential problems. I advise to do the same whenever you wanna dabble into the unknown. I'd say it's also a good idea to create an alt account (that'll only stay on VM) for job interviews and such so you don't place the servers you're managing in your main account in danger.

However know it's not 100% safe method as there's an unlikely chance some malware/s could escape to your host OS hence I would treat VMs as your plan B. - backup plan. The plan A is knowing when to stop. In this case, the bit where there's a handsome fee ++ they need you to drag and drop in order to submit the form doesn't make sense hence extremely sus.

I noticed my unverified mexc account is at 30BTC per 24h, could you check if your account/s are the same?



It's no big deal since 30BTC is still more than enough however it's gotta be worth keeping an eye on as history says the more an exchange decrease their withdrawal limit, the more they're closer to mandatory KYC.

Bitcointalk Username: Potato Chips

---

Preface and Mornin Key:

About the reviewer: Average user. Certainly not tech savvy levels but have been in the bitcoin space for a couple of years now. I will be using an old spare phone with second space feature + disposeable numbers

I started by checking the user guide mentioned on the OP. As I don’t have any of the wallets mentioned, I went with Mornin Key.

I used the following as my main guide
https://support.mixin.one/en/article/how-to-use-mornin-key-to-create-mixin-safe-1u1rf36/
https://safe.mixin.zone/start

I installed the apk because that was the easiest route for me. I must admit, I’ve never heard of Mornin Key before so when I saw “Prepare Owner Wallet”, I was expecting a typical crypto wallet but it did not look like one. After some quick digging, it appears it’s a password manager that could store private keys and act as a signer (cmiiw).

Mixin Messenger:

(Note: this bit is more of a help center feedback but I thought I’d include this here to not break the flow).

Next up is installing Mixin Messenger. Because there is a category called “Mixin Messenger” in the help center, ofc I’d view it! Unfortunately, there are only two articles and one of them is broken, see: https://archive.is/gEhRR

On Installing Mixin Messenger article, they forgot to mention a mobile app is still needed for desktop apps which was indicated here: https://mixin.one/messenger

Their help center is obviously bare bones - lots of stuff are missing, the guides aren’t beginner friendly/not as fluid, and there could be typos. I can only guess it’s because it’s pretty much at its first stage when it comes to work progress hence I would suggest indicating such as a precaution and perhaps try to redirect people to your live chat to compensate.

Moving on to the actual app:

I noticed the app relies on phone numbers a lot – registration and emergency contact – which honestly, I’m not a fan of. Emails are just better as they’re a lot more flexible. For instance, it’s pretty easy to setup one email dedicated for a single or couple of services so it’s easier to jump ships when something goes south ++ we could secure our email account with totp/hardware 2FA as a lot of providers have this.

After registration, next step is to invite members. The process is pretty straightforward but I thought to just try and key-in the user’s Mixin ID and it went fine. I tried to add my contact to “emergency contact” and had the following confirmation:



Okay, makes sense! I tried to still hit “confirm” just to see what happens and was surprised it asked me for a code but of course, no code was sent because we weren’t mutual contacts yet. Moving on, I went to my 2nd account, added the other as my contact, set it as my emergency contact, got the code and process done!

I looked into mixin messenger’s settings and was glad options for users to improve privacy and shoo nasty internet strangers were there. I didn’t like how auto-download media/documents was enabled by default though. I know malwares are unlikely on these type of files but I’d play it safe have it disabled.

Mixin Safe

According from the guide, I should now be able to make a safe! Contrary to previous steps, the article cover this one step-by-step so it was easy to follow. Hopefully, the same fashion will be applied for the rest as well! It also helped that the UI is beginner friendly. I think an average user could go through the steps just fine even without a guide article. Plus points for adding a progress section the right!

It’s nothing too big but I noticed in order to open my safe, I have to always tap the three-dotted button and hit “view”



Quality of life suggestion: double (or single?) clicking the safe should also allow us to view our safe.

Gotta say, one address per safe is certainly a drawback since it’s better for privacy to use as many.

As for the last step, I was able to withdraw pretty smoothly. I did not even needed a guide, the website was great. One thing though, I noticed some strange profiles when I was trying to approve my transaction. It would be nice if they’re more professional looking.



Ending Note, thoughts?

The setup wasn't really convenient however self help guides and in-app guides should help alleviate. Perhaps, using a wallet you're already familiar with would also make a difference e.g. for ledger users.

I also think the whole product/service could be better explained in lay man terms.

Okay, this is a bothering bit. I've dug deep and couldn't find the many people OP was talking about. It's suspicious why would someone lie about this...

I ran a plagiarism check: no hits
I ran an AI text detector: most places returned "likely an AI" 

However if OP did this for SEO, it's strange to publish a "warning it's a scam" content. It defeats the purpose since these warning posts/article would obviously show up on search results.

I might come back to this after a couple of weeks/months to see if something gets edited/deleted. I did hear recently about newbies editing their post to add links/push some sort of agenda.

I guess it shouldn't come as a surprise they have different exchange accounts on their hands. See how the BTC's were consolidated/sent to different exchanges:

OKX: https://www.oklink.com/btc/tx/2f003f3d564b9f7072123a85d6bbca48e4991c8abafab77551c0f68a38f5430c
Binance 1: https://www.oklink.com/btc/tx/55e6fbed56fe61454934849ca1b8e1e6e1c888d25a3f352fea8074b76d12624f
Crypto.com: https://www.oklink.com/btc/tx/5ec4f57554f667a9d5d9c007ce692eb75362d0f944a96c9a3defa5630bbdc037
Binance 2: https://www.oklink.com/btc/tx/547bb2fbe685c56a44c7c09909d1a7a73a2325b78adec31782e5db5d8ea29c54
Coinbase: https://www.oklink.com/btc/tx/9d61441021ad8fa45904fdbcf4dcfeefac21fe786355efe384323437d3bebdfb
Coincola: https://www.oklink.com/btc/tx/0ab8aa6142c2fbb11e1b4fae170f028872bbeb7afcf761ce7fc4e6d19be3e662
Binance 3: https://www.oklink.com/btc/tx/0c216f0f0b3f3c6760c0fd913fff26e9889e27b28dfc6572d96a3d86536e5e95

Try to paste the transaction ID of your bitcoin deposit in oklink.com and see if that exact deposit went to an exchange who are more likely to entertain cases like this. For instance, see binance: https://www.binance.com/en/support/faq/how-to-report-stolen-funds-transferred-to-binance-360000006051

Two months ago, one of their staff did affirm they were receiving more phishing reports so there's a good chance more people are receiving/received phishing emails. But I guess you could also say more people were merely reporting. Food for thought lol.

In any case, if you have time, you could try to report the email to Exodus because they're encouraging people to do so. Perhaps they're trying to take down scam domains or something.

See:

I share the same sentiment with others when it comes to kids learning about bitcoin.

However, I think the content could be of some use to adults who are slower when it comes to picking up the concept -- think of it as explain it like I'm five stuff. Cartoons are also not necessarily consumed by kids only.

I've only heard of bitcoin comics, honestly. I didn't know there were cartoon videos, this could be something I'd watch before I sleep. I've added this to my bookrmarks for now.

Try to still report them to your local cyber crimes dept. - police

While it's not necessarily a sure way to recover your money because the chances are really low imo, it's possible the information you'll be presenting could help the investigators one day. FYI this is a popular scam scheme and the chances that your scammer is a part of a large scam ring (or large ring in the making) isn't zero. I advise to include as much information as you can specially the addresses used.

Lol what? You launched a website (for business) but have no idea how to profit from it? I advise to dial back sir... it's best to plan out the whole thing first before you try setting up.

and if by online mining, you mean cloud mining, I say forget it. It has bad rep as most of the time, it's either a scam or unprofitable.

Good thing about bitcoin is typos such as this would likely land you an invalid bitcoin address and hence the transaction should not push through - get confirmed.

By the way, the address has 30 transactions so far and seeing how clueless OP is when it comes to addresses, it's likely that it's not theirs. @OP. I've no idea where you're trying to send some BTC's but make sure to do your own due diligence before pulling the trigger. You could also ask here.

Hmmm. I'm on the neutral side until I see anything closer to conclusive like being overly defensive/not recognizing the red flags pointed out for what it is.

1. Scam DMs have been rampant hence it's totally possible for someone to find an obscure AF website without google-ling
2. I myself was not familiar with "backlinks" until I started seeing the term on the forum so there could be people like me who were just mindlessly copy-pasting links
3. OP not relpying does not seem suspicious to me. It appears they just wanted to spread the word and did not ask for some sort of help.

Note that moving on another exchange does not make their tax responsibilities go away.

However, as mentioned, buying bitcoin with fiat should be tax free in the US. Furthermore, let's say the friend has sucessfully bought the BTC's, for what purpose are they giving it to you? if it's a gift, it should also be tax-free. If they're exchanging something like an item for the BTC's, that could be a taxable situation.

For news, I don't need to be notified real time so I honestly prefer a website over an app since it's lightweight. I guess it also helps that I'm active in the forum and it does a good job for the most part.

In addition, a number of people -- for good reasons are wary on what they install on their phones, because a lot of times, they only have their personal device hence a website is more palatable if the service has just started building their reputation or most people never heard of the app in question. One example of a news aggregator accessible on browsers is cryptopanic.com.

Honestly, OP did not explain their situation throughly, so saying you encountered the same problem does not necessarily explain your situation better to us.

In addition, when I quoted your post, there was a link to an unknown website which probably got filtered so it didn't show. Are you having a coinbase commerce related problem or it has to do with the mentioned unknown website? perhaps both?


I suggest starting your own thread if you decide to get back to us.

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