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it just looks like we are very far from a real DEX..... We will see in the future...
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I see many DEX (Decentralized Exchanges) like Airswap, 1inch.exchange exchanging altcoins, but not offering BTC. Instead you should exchange first to WrappedBTC or any kind of BTC token.
Why isn't possible to exchange directly to BTC or are they any DEX supporting swap to BTC directly?
Currently, there are still many DEXs implementing BTC trading pairs with many exchanges. IDEX is one of the earliest and most well known DEXs. In addition, we have Binance DEX but it is quite limited in terms of trading pairs. these will be the DEXs you need or you can trade in CEXs, it's still easier and has a larger volume. btc token ? thats new to my ears . at first thought they sound like a crap coin i saw on the past because of thier names but even if we say they are legit , exchanging the coin given by op will sill make him cost more because of the fees , it also takes time . thats why he ask for a direct way to exchange his coins to btc and obviously he only wants decentralized exchange too . though he can easily do it on a cex exchange but maybe he dont prefer it because he got a bad exprience before . exactly, but it seems for now, the only way is CEX. Anything else seems too complicated, lot of time invested etc |
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The Binance "DEX" is NOT a DEX... Jesus!! I HATE people who believe Binance is running a real DEX, when it's NOT a DEX by any means! All the nodes verfiying the transactions on the network is ran and owned by Binance themselves, that's NOT decentralized at all! Have you taken a look at Blocknet? They offer TONS of pairs. More info here: https://blockdx.com/ As far as I know, Binance DEX is trustless system. Does the fact that they are verifying the transactions will impact negatively how their DEX works? Can you tell us more about what you mean? Meanwhile, will have a look at Blockdx and let you know. HOW can it be "trustless" if Binance can STOP the exchange? If they can STOP your withdrawl? If they can BAN YOUR ASS? That's not how a TRUSTLESS exchange works buddy. Do some research on this topic, and you'll be surprised. BINANCE DEX can STOP your withdrawal?   this exchange..... Make fun all you want, but with Binance being in control of everything, with the nodes being the single most important thing to keep decentralized on ANY DEX, there is really no limits as to what they can do with your funds. "Trustles" my ass. Binance is just afraid of the competition, which is why they tried to STEAL Blocknets DEX source code.. Source: https://www.youtube.com/watch?v=JSCAelH_iukhahah that's really true  |
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DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.
Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC. OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin. Binance DEX exchanges usually only support platforms that use BNB, so coins like USDC or USDT are definitely not supported here. I think you should join the centralized exchange to do this because these are often the places where lots of stable coins are gathered and you can keep them if you want. And thats true. Binance DEX supports only BNB network... nothing else... meaning you wont get there BTC blockchain.... its enclosed circle, that has nothing to do with DEX |
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The Binance "DEX" is NOT a DEX... Jesus!! I HATE people who believe Binance is running a real DEX, when it's NOT a DEX by any means! All the nodes verfiying the transactions on the network is ran and owned by Binance themselves, that's NOT decentralized at all! Have you taken a look at Blocknet? They offer TONS of pairs. More info here: https://blockdx.com/ As far as I know, Binance DEX is trustless system. Does the fact that they are verifying the transactions will impact negatively how their DEX works? Can you tell us more about what you mean? Meanwhile, will have a look at Blockdx and let you know. HOW can it be "trustless" if Binance can STOP the exchange? If they can STOP your withdrawl? If they can BAN YOUR ASS? That's not how a TRUSTLESS exchange works buddy. Do some research on this topic, and you'll be surprised. BINANCE DEX can STOP your withdrawal? this exchange..... |
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If you have to use or keep stable coins I suggest decentralized stable coins like DAI but USDT is not bad at all it's just that I don't like anything centralized entity
well, DAI seems to be a good option, however they seem to have liquidity issues, meaning you could run into issues trying to exchange it back to other ALTs.. Despite all the bad news about USDT, we can see a daily trade volume in billion $ here.. |
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The Binance "DEX" is NOT a DEX... Jesus!! I HATE people who believe Binance is running a real DEX, when it's NOT a DEX by any means! All the nodes verfiying the transactions on the network is ran and owned by Binance themselves, that's NOT decentralized at all! Have you taken a look at Blocknet? They offer TONS of pairs. More info here: https://blockdx.com/ As far as I know, Binance DEX is trustless system. Does the fact that they are verifying the transactions will impact negatively how their DEX works? Can you tell us more about what you mean? Meanwhile, will have a look at Blockdx and let you know. |
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DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.
Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC. OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin. Yes Binance DEX is very limited. As we see the fiat pairs here ~image~ You would need to have BUSD (which isn't really the best in term decentralization / can be freezed anytime with the backdoor added by PAX Team) and you won#t get btc either. There is even a lack of solution to move easily between the two largest crypto ecosystems trustlessly (BTC and ETH). Of course, its pretty easy to swap coins within ERC20 ecosystem, but once you want to leave that, problems are starting. The option to finally go another exchange to trade it to bitcoin makes the complete DEX solution useless. But now my question, as these DEX would mostly offer kind of wrapped bitcoin to etherum network, is there any solution to swap these coins to BTC trustless? No, I m not talking about flyp.me which tends to keep coins of people and ask them to provide their KYC. I guess this is a good problem to address to these DEX developers that they should add BTC so that they might gain traction. I'm flying in air thinking about this suggestion but maybe it will work so that they can also be noticed by other traders and investors. For your question, do you think that changelly can do what you are looking for? There's plenty of complains about them but they don't implement KYC unlike the others before of the same service, shifted to KYC needed compliance. Even the known DEX before, IDEX, implemented it. Following this post, I think a suitable way to swap these stablecoins would be to swap your assets to BNB and from BNB to BTC with Binance DEX. Better suggestion?
I can't think of any other strategy but this is what I'm telling you as the solution but you don't have to get out of Binance DEX. Since it's the Binance DEX, pair all trades with BNB then in the end trade it all for BTC. As far as I know, there have been lot scam reports about changelly on this forum. So I think it's not anymore an option. Binance DEX seems to be a good option. But I haven't seen yet any feedback about binance dex. Anyone who used already Binance DEX here? Some feedback? |
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DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.
Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC. OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin. Yes Binance DEX is very limited. As we see the fiat pairs here  You would need to have BUSD (which isn't really the best in term decentralization / can be freezed anytime with the backdoor added by PAX Team) and you won#t get btc either. There is even a lack of solution to move easily between the two largest crypto ecosystems trustlessly (BTC and ETH). Of course, its pretty easy to swap coins within ERC20 ecosystem, but once you want to leave that, problems are starting. The option to finally go another exchange to trade it to bitcoin makes the complete DEX solution useless. But now my question, as these DEX would mostly offer kind of wrapped bitcoin to etherum network, is there any solution to swap these coins to BTC trustless? No, I m not talking about flyp.me which tends to keep coins of people and ask them to provide their KYC. Following this post, I think a suitable way to swap these stablecoins would be to swap your assets to BNB and from BNB to BTC with Binance DEX. Better suggestion? |
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DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.
Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC. OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin. Yes Binance DEX is very limited. As we see the fiat pairs here You would need to have BUSD (which isn't really the best in term decentralization / can be freezed anytime with the backdoor added by PAX Team) and you won#t get btc either. There is even a lack of solution to move easily between the two largest crypto ecosystems trustlessly (BTC and ETH). Of course, its pretty easy to swap coins within ERC20 ecosystem, but once you want to leave that, problems are starting. The option to finally go another exchange to trade it to bitcoin makes the complete DEX solution useless. But now my question, as these DEX would mostly offer kind of wrapped bitcoin to etherum network, is there any solution to swap these coins to BTC trustless? No, I m not talking about flyp.me which tends to keep coins of people and ask them to provide their KYC. |
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Interesting to know this. Thank you! For Blockchain Swap, basically its the same as any centralized exchange. |
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If you plan to hold stable coin in longer timeframe let's say a month or year. Just choose stable coin that has a proven liquidity and running for a long period of time. I'm not pointing out USDT(Tether) since there are too many shady things about it together with Bitfinex so stay away with it. I really don't to give a specific coin on this kind of discussion because it might affect others investment strategy. But I'm really impressed on PAX and the way they handle there development. You don't need to be concerned wether they will freeze someday since it was completely regulated and the team behind it was trusted. PS: This is not a financial advice and all I stated is just my opinion. I will not be eligible in case you suffer losses when you follow what I write above. Trade Safe  well, PAX just like the other are also regulated. But we know already that they enabled some backdoors to freeze and seize addresses: https://bitcoinexchangeguide.com/pax-stablecoin-law-enforcement-backdoor-allows-freezing-and-seizing-cryptos/But of course, PAY in an option to consider. |
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I see many DEX (Decentralized Exchanges) like Airswap, 1inch.exchange exchanging altcoins, but not offering BTC. Instead you should exchange first to WrappedBTC or any kind of BTC token.
Why isn't possible to exchange directly to BTC or are they any DEX supporting swap to BTC directly?
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Hi let us talk about stable coins. We know already that many of these can be freezed without prior notice. See this  Only DAI seems to be unfreezable at the moment, but at the same time, it seems to lack in liquidity. Does it makes sense to keep DAI? USDC is controlled by Coinbase & Circle, and they clearly stated on their website, hat they can freeze accounts. Should we trust this? USDT with the most liquidity on the market is also freezable. This article describes how a large amount of USDT has been frozen: https://eng.ambcrypto.com/usdt-frozen-on-bitcoin-ethereum-totals-to-41-million-report/In order to remain compliant with regulators, many stablecoin issuers have introduced blacklists so that they can freeze the stablecoins held by specific addresses. While this is useful in the case of hacks, it essentially means placing trust in the issuer “to not act maliciously” However, it seems that Tether has not (yet?) configured any blacklisting capabilities for USD on Liquid. I think the Liquid network is still in early-stages to say more about this. But L-BTC and L-USDT could bring some boost I think! Also as far as I know, you can't save for now your L-USDT on wallet, the point "centralization" is again in the middle.... |
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I always see here people who sell AWS accounts with Limit 10, Limit 20 and other saying Limit 0.
Can you please explain me the difference between these Limit 0, 10 and 20?
Does limit 10 means on these accounts, you can run 10 Tier Free machines to run at the same time and for 12 months?
Or does it simply means, you have 10 regions available where you can choose from to run a Tier Free machine for 12 months?
Much appreciated your clarification on this matter!
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seems we are reaching the end of lifecyle of ChipMixer? They dont even care to reply. After handling hundreds from Binance’s hacker? Let’s not start this all over again, shall we? “They spend thousands in their sig campaign, they wouldn’t scam for that little, they don’t have trusted people to support all days, etc etc...” Read the previous posts if you want to know what I think. fighting against a such big DDOS Attack (and it seems people like Big Brother, Oncle Sam...are really interested to shutdown these guys) require a lot of resource and power (financial and technical). So the question is, what will be done to mitigate this? They can invest as much as needed? Sofar they have done no statement about this. why? |
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I sent bitcoin and received a lot of confirmations. the system does not allow me to go to the second step. be careful. I resumed the session in different browsers and systems - it does not work as before
did someone send coins recently? Does it work for you?
seems we are reaching the end of lifecyle of ChipMixer? They dont even care to reply. |
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Now everybody who haven't managed to withdraw their coins, will loose them! for ever! as the sessions expires in 7 days.
it does appear that chipmixer.com over clear net having reachability issues. The .onion over Tor now seems reasonably responsive and after trying multiple mixing sessions no issue were evident. This to exchange voucher and get a list of private key at all for current or previous BTC deposits over http://chipmixerwzxtzbw.onionSo did you manage to get your list of keys? I wonder why there is statement of chipmixer itself. |
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That's just a propaganda/scare tactic. It's not even that hard to stay reasonably anonymous today. The problem is when you get comfortable (among other things); that's when these people make mistakes and they catch them.
If you're an average user, sure. If you run a business which brings a lot of unwanted attention of well-funded adversaries, it's a significantly harder task. Not really, you just need to know what you're doing. I guess you could argue it is significantly harder when one doesn't know what they're doing. ¯\_(ツ)_/¯ And Lauda is in a good position to say that |
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