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Author Topic: Forget about exchanger search! Use BestChange!  (Read 12104 times)
examplens
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May 25, 2022, 11:12:22 PM
 #341

In line with this, I am interested to know if the BestChange company subscribes to the idea that there are clean and dirty Bitcoins. I mean, yes, there are probably a lot of crimes in which Bitcoins are involved as there are countless others which involve fiat, but do you think that Bitcoins involved in these crimes are tainted and are therefore dirty and shouldn't be accepted by different Bitcoin platforms?

They BestChange monitoring around 238 different exchangers. I believe that each of them makes a lot of changes on a daily basis and monitoring dirty BTCs would be a very complicated job here. I'm not sure there's any automated possibility for that.

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May 26, 2022, 05:33:41 AM
 #342


In line with this, I am interested to know if the BestChange company subscribes to the idea that there are clean and dirty Bitcoins. I mean, yes, there are probably a lot of crimes in which Bitcoins are involved as there are countless others which involve fiat, but do you think that Bitcoins involved in these crimes are tainted and are therefore dirty and shouldn't be accepted by different Bitcoin platforms?

This is not so much our moral position, but the forced adherence to generally accepted norms. Regardless of our or anyone else's opinion, AML purity for cryptocurrency transactions has become as important a property as it is for fiat currencies. Most crypto transactions end up in centralized custodial services that adhere to standard rules for the entire global market, in particular, the fifth AML directive of the European Union (5AMLD). Therefore, in a sense, the widespread introduction of AML made BTC an analogue of NFT of the ERC-1155 standard Smiley

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Best_Change
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May 27, 2022, 07:43:41 AM
Merited by dkbit98 (1), m2017 (1)
 #343

📈 What data exchangers transfer to BestChange

For the users to always get exact and complete information, our monitor requests a specific data pool from exchangers and regularly updates it. The frequency of updating is from 5 to 8 seconds; it gives maximally possible accuracy.

Parameters that we trace:
✔ Payment directions.
✔ Exchange rates for each direction (without payment system commissions, we consider them ourselves).
✔ Minimal and additional commissions. If the commission is a layered one, i.e. it depends on the amount; in this case, the monitor considers the maximal one out of possible.
✔ Minimal limits for exchanging for each of the directions.
✔ Reserves of all available currencies and cryptocurrencies.
✔ City where it’s possible to make an exchange (for directions with cash).

If during certain hours or days an exchanger does not work, the owners of it have an opportunity to switch the exchanger off from BestChange so that you won’t waste your time looking at irrelevant options. Thanks to all the above, the monitor is the best option to choose exchangers that are providing the best conditions at the very moment.


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Best_Change
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June 01, 2022, 05:56:19 AM
 #344

📝 Exchanger monitor — how does it help you in everyday life?

It does not matter if you exchange money every day or got in this situation for the first time, it's important to receive relevant and profitable offers. Rates in exchangers depend on different factors, due to which the difference between different services can reach 5-10% and higher. This is a tangible overpayment. Fortunately, it's easy to avoid it — that's what BestChange works for.

With our help you:
👍 Will easily find exchangers for a required payment direction, no matter how rare it is.
👍 Will be able to sort them by an indicator you are interested in, for example, by the best rate.
👍 In case you won't find the required directions among available ones at the moment, you will be able to make a "Double exchange" through a transit currency.
👍 Will choose an exchanger out of reliable services that have been checked by many indicators.

One of the main advantages of the monitor is a practically full automatization. You won't have to compare the rates manually — it is not only time-consuming but also ineffective because the prices constantly change, especially in the case of cryptocurrency.


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LoyceV
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June 01, 2022, 07:27:38 AM
 #345

With our help you:
👍 Will easily find exchangers for a required payment direction, no matter how rare it is.
Even if I ignore the (many) altcoins that aren't supported by any of the exchangers on BestChange, this isn't true. I posted this earlier (quote shortened):
I always assumed the "List" button on BestChange would show a complete list. It turns out it's incomplete: today I noticed one of the exchangers on BestChange actually supports all 5 Forks that are worth something!
~
My suggestion for you: can you add a full list of all coins available on all exchangers, even if a certain coin is only available on one exchange?
I'll add an example: SimpleSwap takes XEC (only when I disable Fixed rate), but I can't find this on BestChange. I would appreciate a full list of all coins offered by any of the exchanges on BestChange.

Best_Change
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June 01, 2022, 11:01:05 AM
 #346

With our help you:
👍 Will easily find exchangers for a required payment direction, no matter how rare it is.
Even if I ignore the (many) altcoins that aren't supported by any of the exchangers on BestChange, this isn't true. I posted this earlier (quote shortened):
I always assumed the "List" button on BestChange would show a complete list. It turns out it's incomplete: today I noticed one of the exchangers on BestChange actually supports all 5 Forks that are worth something!
~
My suggestion for you: can you add a full list of all coins available on all exchangers, even if a certain coin is only available on one exchange?
I'll add an example: SimpleSwap takes XEC (only when I disable Fixed rate), but I can't find this on BestChange. I would appreciate a full list of all coins offered by any of the exchanges on BestChange.

Thank you for your question, LoyceV.

To avoid the list from getting too long, we add only the most popular tokens to it. We can add a cryptocurrency/altcoin only in case it is represented in an exchanger on our monitor and there is a steady demand for it.



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LoyceV
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June 01, 2022, 11:11:24 AM
 #347

To avoid the list from getting too long, we add only the most popular tokens to it. We can add a cryptocurrency/altcoin only in case it is represented in an exchanger on our monitor and there is a steady demand for it.
I get that you can't add it to the current Table or (drop down) List. I was hoping you could add a small "there's more" link somewhere to show everything that's available.

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June 01, 2022, 12:34:47 PM
 #348


I get that you can't add it to the current Table or (drop down) List. I was hoping you could add a small "there's more" link somewhere to show everything that's available.


Thank you for your suggestion, we may implement this feature in the future.

We are constantly improving our service that is why your opinion is very important for us.

Thanks for your comments, you are helping make our service even better!

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dkbit98
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June 01, 2022, 02:40:36 PM
 #349

...
Can you please tell me what does it mean when some exchange is showing UNAVAILABLE status on your website, but their website is working fine at the same time?

My suggestion for changing your website is to add additional settings option in Exchange Monitor, if I want to track only specific payment methods interesting to me, and hide everything else.

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June 03, 2022, 08:55:09 AM
Merited by dkbit98 (1)
 #350


Can you please tell me what does it mean when some exchange is showing UNAVAILABLE status on your website, but their website is working fine at the same time?

My suggestion for changing your website is to add additional settings option in Exchange Monitor, if I want to track only specific payment methods interesting to me, and hide everything else.


The exchangers in our monitor can have the following statuses:

Disabled – if the monitor has switched off the exchanger due to some reasons, including technical issues.

Not active – if the exchanger administrator switched the exchanger off the monitor due to this or that reason.

Unavailable
– when the rates of an exchanger are temporarily unavailable due to technical issues.

We recommend that you use exchangers with the status “Active”.

Thank you for your suggestion. We will consider it and may implement it in the future. Thank you for your contribution to making our service better!

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Best_Change
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June 03, 2022, 10:55:19 AM
 #351

⚠ Types of fraud in online exchangers

Unfortunately, there are a lot of threat actors on the internet who dream of getting hold of others' money. First and foremost, of those inexperienced ones who have not yet learnt how to tell a legit service from a fraudulent one. How can you get scammed in an exchanger? There can be several scenarios.

❌ The most straightforward one – simply not send you the funds. Such websites receive payments to anonymous wallets and disappear from the radar. Naturally, in some time, there appears a lot of negative reviews about them, and the flow of clients runs dry, and then they simply create a new domain and continue their activity.
❌ Set too high rates. The market rates of currency, especially cryptocurrency, change every second. It is hard to track them, and this is what fraudulent exchangers use. They take significantly more than the stated commission, hoping for the user's inattentiveness or gullibility.
❌ Promise the moon. Some threat actors prefer using the people's wish to earn. They promise to earn on currency exchange, using an insignificant difference of rates in different payment systems, but as a result, the user is fooled.
❌ Catch with the help of phishing. It's enough to make a website that looks like a popular exchanger or an exchanger, the domain with a similar name, and because of inattentiveness, a person can enter there their data from real accounts.

How can you protect yourself? BestChange monitor guards the interests of users. For many years we have been gathering accurate information about legit exchangers, tracking rates for all payment directions. We urge users to use the monitor for each exchange to not miss out on the benefits.


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dkbit98
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June 03, 2022, 01:21:34 PM
 #352

Unavailable – when the rates of an exchanger are temporarily unavailable due to technical issues.
Is this technical issues on your side or something is wrong with original exchange website?
I tried contacting support for one of the websites that was unavailable on BestChange website and I couldn't get a clear answer from their support.
Maybe they don't speak english language very well, but I asked them a clear question, so there is no reason to avoid answering me.


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Best_Change
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June 03, 2022, 03:01:07 PM
 #353

Unavailable – when the rates of an exchanger are temporarily unavailable due to technical issues.
Is this technical issues on your side or something is wrong with original exchange website?
I tried contacting support for one of the websites that was unavailable on BestChange website and I couldn't get a clear answer from their support.
Maybe they don't speak english language very well, but I asked them a clear question, so there is no reason to avoid answering me.

In most cases, the issue is connected with unavailability for our parser to access the file containing exchange rates the exchanger produces. There are many possible reasons for such situation to occur, but all of them lay upon the exchanger's or hosting's side (considering the fact that the other 400+ exchangers continue to display exchange rates correctly). In case our software is unable to correctly access the exchanger's website or to process the information produced, we do not display such data and set its status to "unavailable", although the website itself may remain accessible to users.

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June 08, 2022, 05:46:03 AM
Merited by Wakate (1)
 #354

Advantages of exchangers for buying and selling currency

You can buy and sell digital currency in several different ways — with the help of trading exchanges, peer-to-peer platforms, wallets, and payment systems. But, without a doubt, exchangers are the most popular method for quick and profitable transactions in any direction.

Why is it so?

✅ It is maximally easy. Especially if you use the BestChange monitor, which will track all rates and reserves, you will only have to select the best option out of offered ones.

✅ It is anonymous. Almost nowhere identity verification is required, sometimes there is card verification.

✅ It is quick. While on an exchange it can take a lot of time to transfer and withdraw funds, exchangers instantly transfer money from their own accounts.

✅ It allows to save up. There are profitable discount systems, as well as additional opportunities to earn through a referral program.

With the development of cryptocurrency, exchangers are even in higher demand — today, it’s cryptocurrency directions that are the most popular. BestChange statistic shows that most often, users exchange Bitcoin to Visa/MasterCard USD and vice versa.


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June 08, 2022, 07:04:45 PM
Last edit: June 08, 2022, 07:16:41 PM by Husires
 #355

Are there any plans to include direct transfer between cryptocurrencies? A Widget (GUI) allows the user to directly exchanges using APIs, then choose the platform and transfer instead of visiting the platform link.

Something like what changelly.com offer with many wallets like exodus and trust wallet


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examplens
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June 08, 2022, 07:21:48 PM
 #356

Are there any plans to include direct transfer between cryptocurrencies? A Widget (GUI) allows the user to directly exchanges using APIs, then choose the platform and transfer instead of visiting the platform link.

Something like what changelly.com offer with many wallets like exodus and trust wallet

I would say it would be a much more complicated path. The biggest advantage of BestChange is that you can easily see the relationship between the two currencies you change, but at the same time on 250+ exchangers. Plus other info like yes or no KYC, rating etc...
a widget like you suggest would have to be very bulky. For any information, the user should have additional action.

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Bitcoin_Arena
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฿itcoin for all, All for ฿itcoin.


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June 12, 2022, 11:45:52 PM
 #357

Are there any plans to include direct transfer between cryptocurrencies? A Widget (GUI) allows the user to directly exchanges using APIs, then choose the platform and transfer instead of visiting the platform link.

Something like what changelly.com offer with many wallets like exodus and trust wallet


The difference is Changelly.com is an exchange or sort of exchange, while BestChange is just an exchanger monitor. They are not involved in any form of exchanging assets, except displaying and comparing different exchange offers.

So it would defeat the whole purpose of BestChange if it offered services like Changelly's

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Best_Change
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June 15, 2022, 11:50:21 AM
 #358

Are there any plans to include direct transfer between cryptocurrencies? A Widget (GUI) allows the user to directly exchanges using APIs, then choose the platform and transfer instead of visiting the platform link.

Something like what changelly.com offer with many wallets like exodus and trust wallet


This idea was discussed within the framework of long-term development, but it won’t be implemented in the near future for sure. As Bitcoin_Arean rightfully pointed out, we are not an aggregator in the financial sense, we work on the principles of “search aggregators” - we only provide the possibility to compare offers on hundreds of sites in real-time, but we do not participate in financial transactions.

Possibly, we will implement something similar in the form of “express exchange” much later on, but for this, a substantial fine-tuning on the very exchangers will be needed. This is a long and time-consuming task, certainly not for the coming years. But thank you for your interest, we will keep it in mind that such a request from clients exists on the market.

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Best_Change
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June 17, 2022, 09:43:03 AM
 #359

The exchanger doesn’t transfer money — when is it time to worry?

Exchanging money, especially large amounts, the user quite rightly worries if they do not receive them within a few minutes. It’s understandable, but we would like to relieve you a little bit — not always a delay means you have faced a scammer.

For starters, please wait a little bit. If you are exchanging cryptocurrency, in particular, bitcoin, then the speed of the payment entirely depends on the blockchain load. In this case, the transfer can take up to an hour, but in the end, you will receive your money. Moreover, pay attention to the working hours of the exchanger. Not all operate around the clock, some have breaks and days off. Accordingly, you will have to wait until the start of the working day.

If quite some time has passed, but you still haven’t received the payment (and you are absolutely sure that you have specified the correct details), then write to the exchanger support. They will definitely help, and you will receive your hard-earned money. The majority of exchangers have a built-in chat which is very convenient, you don’t have to send an email. Please pay attention that operators also reply only during in-office hours.

⌛ And lastly: if you have chosen an exchanger through the BestChange monitor, there is no reason to worry — the problem will definitely be solved, we add only high-quality services to the listing. You can write a complaining review, and the exchanger representatives will respond to it. The claim will be lifted only after you receive your money.


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death_wish
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June 20, 2022, 06:01:31 AM
 #360

Don’t you think exchangers that do not follow AML should be excluded from your site? Or at least marked as untrustworthy.
Today netex24 exchanger sent me tainted btc. And obviously service which i wanted to top up blocked my account.
I checked transaction via AML bot:
 
Risk Score: 50% Medium risk transaction
Medium risk
Exchange ML Risk Veryhigh - 100%



In line with this, I am interested to know if the BestChange company subscribes to the idea that there are clean and dirty Bitcoins. I mean, yes, there are probably a lot of crimes in which Bitcoins are involved as there are countless others which involve fiat, but do you think that Bitcoins involved in these crimes are tainted and are therefore dirty and shouldn't be accepted by different Bitcoin platforms?

This is not so much our moral position, but the forced adherence to generally accepted norms. Regardless of our or anyone else's opinion, AML purity for cryptocurrency transactions has become as important a property as it is for fiat currencies. Most crypto transactions end up in centralized custodial services that adhere to standard rules for the entire global market, in particular, the fifth AML directive of the European Union (5AMLD). Therefore, in a sense, the widespread introduction of AML made BTC an analogue of NFT of the ERC-1155 standard Smiley

Witty.  The “NF” in “NFT” stands for Non-Fungible, so you clearly are not so thoughtless about this as some people.

Regardless, everyone needs to be informed that the absurd notion of so-called “taint” is an existential threat to Bitcoin.

It literally means that 1 BTC ≠ 1 BTC.

Best_Change, I am not inclined to open a debate about this in your thread.  I’m not here to start an argument with you.  I hereby express no opinion either way about your service in itself, which I have not evaluated.

I speak out because the “coin taint” delusion is a cancer which continues to grow, as long as people give no pushback.  People need to boycott services that peddle the “coin taint” lie; such services are untrustworthy and destructive to Bitcoin.  People need to speak out, as I am doing here.  “Coin taint” is only taking hold because its perpetrators are skilled propagandists, who make an obscene pretense of having some sort of moral high ground.  The “tainting” of coins is wrong—it is outrageous—someone needs to call out the Emperor‘s New Clothes here.

“The worst stablecoin scam is USD—the dollar itself.” — Me.  |  Delete the bounties subforums, and ban paid signatures!
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