[List] Instant exchanges

[sunsilk]

Are you guys still able to use coinswitch? Even if I use a VPN or not, it's not allowing me to access the website. I've used them before and was having no issue at all until I can't access them anymore and I don't know if some changes have made.

I've checked their ANN thread and saw that their rep left a neg rep by logfiles. Probably there's a relation to why it's no longer accessible and if so, I guess it should be removed from the list.

[1714471103]

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[1714471103]

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[OmegaStarScream]

Are you guys still able to use coinswitch? Even if I use a VPN or not, it's not allowing me to access the website. I've used them before and was having no issue at all until I can't access them anymore and I don't know if some changes have made.

-snip-

You should be able to access the site with an Indian VPN, I just did.

But as mentioned in the previous page, it doesn't look like they're operating as an instant exchange anymore. It's just fiat (INR) <> crypto app now and they recently launched "CoinSwitch Pro"[1] which acts as an aggregator for CEXes (Indian ones only) and is meant for arbitrage trading.

[1] https://www.entrepreneur.com/en-in/news-and-trends/coinswitch-pro-launches-its-multi-exchange-trading/439758

[logfiles]

I've checked their ANN thread and saw that their rep left a neg rep by logfiles. Probably there's a relation to why it's no longer accessible and if so, I guess it should be removed from the list.

I left them a neg because they had lots of scam accusations around, including in their ANN thread, and they never bothered to come around to resolve them. Even their trust pilot is full of accusation to this date.

Initially they had a main account that got banned for some reason, and then they decided to use a couple of Alt accounts as reps, but they would still not resolve issues amicably, or they would just ignore the complaints

Maybe the ban made them abandon the forum.

[sunsilk]

You should be able to access the site with an Indian VPN, I just did.

But as mentioned in the previous page, it doesn't look like they're operating as an instant exchange anymore. It's just fiat (INR) <> crypto app now and they recently launched "CoinSwitch Pro"[1] which acts as an aggregator for CEXes (Indian ones only) and is meant for arbitrage trading.

[1] https://www.entrepreneur.com/en-in/news-and-trends/coinswitch-pro-launches-its-multi-exchange-trading/439758

I remember now, I was able to see its transition from focusing on India's INR and saw that change of being a coinswitch PRO. By this means, it's no longer part of the list as it's no longer an instant exchange. Yes, I saw that you've removed it now on the list, thanks.

I left them a neg because they had lots of scam accusations around, including in their ANN thread, and they never bothered to come around to resolve them. Even their trust pilot is full of accusation to this date.

Initially they had a main account that got banned for some reason, and then they decided to use a couple of Alt accounts as reps, but they would still not resolve issues amicably, or they would just ignore the complaints

Maybe the ban made them abandon the forum.

Probably and they wouldn't mind anymore as they've transitioned and focused into their local market and I guess the forum doesn't mean anything to them anymore.

But despite that, they all started being popular in here though the main market of theirs is no longer gonna come from here.

[OmegaStarScream]

I'll probably continue to maintain this list for a bit longer, but I was thinking about creating a website for it.

I can make the API, if someone here is interested in helping with the frontend, preferably someone who's familiar with material design components (or any other good libraries) please let me know.

[LoyceV]

I was thinking about creating a website for it.

You mean like BestChange.com or KYCnot.me? I get why it's useful to share experiences here on Bitcointalk, but don't really see the point of using another website.

[dkbit98]

I'll probably continue to maintain this list for a bit longer, but I was thinking about creating a website for it.

Is this going to be something like aggregator website to find the best rates for exchanges, or just list of all available exchanges with basic information about them and maybe short review with ref links?

[OmegaStarScream]

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It's not going to be an aggregator. I was actually thinking of maybe a combination of both sites so basically:

- Rates
- Open source or not
- Monero support
- Supported networks/chains and coins (with the ability to filter)
- LN support
- link to Trustpilot reviews + the ability to review the exchange on the site as well
etc.

Your thoughts? Or do you still think it's a bit pointless?

[Synchronice]

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It's not going to be an aggregator. I was actually thinking of maybe a combination of both sites so basically:

- Rates
- Open source or not
- Monero support
- Supported networks/chains and coins (with the ability to filter)
- LN support
- link to Trustpilot reviews + the ability to review the exchange on the site as well
etc.

Your thoughts? Or do you still think it's a bit pointless?

So, are you going to make a professional website? Or one just for fun? I mean, if you are gonna turn it into a business and generate profit like bestchange does, then it's 100% up to you but if you are going to make it for fun and won't be able to put a lot of effort, then I would say that that's a bit pointless because these two websites do their job very well and fairly easy-to-use.

I think you are doing well by keeping this list the way it's listed here. I used your list when mempool was clogged because some instant exchanges that I have used, weren't accepting bitcoin deposits.

[LoyceV]

the ability to review the exchange on the site as well
etc.

Your thoughts? Or do you still think it's a bit pointless?

If you can pull this off with honest reviews, I'm all for it! The one thing I don't like about BestChange is that they allow each exchange to censor their negative feedback. It's going to be tough though to decide which feedbacks are honest and which ones are fake.

[The Sceptical Chymist]

It's not going to be an aggregator. I was actually thinking of maybe a combination of both sites so basically:

Wait a sec....I could swear there is an aggregator out there for instant exchanges but for the life of me I can't remember what the url is or even if I was hallucinating it.  But I was on some shitcoin's website and was browsing the exchange section, which had a bunch of instant exchanges of which I visited a few just for the hell of it.  I could have sworn one of them compared all the rates of the most popular ones.

I'm not sure a new site is needed for this or not, but I do think these kinds of exchanges might become more popular as everything moves toward KYC.  Somehow the swap exchanges have avoided that, though I'm not sure how or if it'll continue, but they're definitely convenient if you just want to do an trade without the hassle of registering on one of the traditional exchanges. 

[bct_ail]

An overview page is always good. For older forum users this thread is certainly sufficient. For non-forum users an extra website could be interesting.
Should the website also be found via the usual search engines? Then please put a link to this thread. That way more interested users will come to the forum.
If you have enough time, just do it. In a year or so you can look at the statistics and evaluate then.

[hoeczek]

Cool list, it was also one of the sources to the list I built.
If someone is interested can check here: https://github.com/h0ek/crypto-swap
Please bear in mind my list contains referral links.
Suggestions are very welcome.

[Bitcoin_Arena]

Not sure why this instant exchange is missing out in this list yet it's a legacy one.

OP please check this out
1. https://exch.cx
ANN - https://bitcointalk.org/index.php?topic=577207.0
They have been in existence since 2014
KYC: NO

[bct_ail]

The discussion about Mixers using cloudfare (Mixers using cloudflare's SSL certificates) prompted me to examine if any from the listed exchanges given in post #1 use it. To get the information, I used the website https://www.wmtips.com/tools/info.
As a result, only 3 Instant exchanges do not use Cloudfare: https://flyp.me, https://www.coinplaza.it and https://bity.com.



Evonax.com is not in the list. According to https://www.isitdownrightnow.com/evonax.com.html this site is down more than a week.


You can see https://bitcoinvn.io in the list (formerly Bitcoin Vietnam). I have not used this site so far. This service has introduced itself in the German board: https://bitcointalk.org/index.php?topic=5220437.msg62663934#msg62663934

So if this service is to be listed here, the OP can just copy and paste:

Code:

[b]Name:[/b] [b][url=https://bitcoinvn.io/]BitcoinVN[/url][/b]
[b]Ann thread:[/b] n.a.
[b]KYC:[/b] Only for Fiat on-ramp with VND. No KYC for Swaps and Fiat off-ramp
[b]Fees type:[/b] Fixed rate (https://bitcoinvn.io/info)
[b]Supported coins:[/b] 80+

[HostFat]

https://thorswap.finance

This is not-custodian.

It is based on this network.
https://thorchain.org

[OmegaStarScream]

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Thank you, I'll add them.

As for Thorchain/ThorSwap, it looks like there has been a lot of interest[1] since they pushed their newest update (for anyone interested in reading more about it, see here[2]).

I can't seem to be able to get the rates for BTC though? I keep getting "No valid quote found". Any thoughts?

[1] https://app.thorswap.finance/dashboard
[2] https://thorswap.medium.com/introducing-streaming-swaps-a-defi-game-changer-ba02afd148e3

[HostFat]

There is an update going on on those hours.
The swaps are currently in pause.
They are also going to enable lending after the next upgrade.

[logfiles]

Thank you, I'll add them.

As for Thorchain/ThorSwap, it looks like there has been a lot of interest[1] since they pushed their newest update (for anyone interested in reading more about it, see here[2]).

I can't seem to be able to get the rates for BTC though? I keep getting "No valid quote found". Any thoughts?

I do see the rates, but once I enter the amount of BTC I want to swap, the amount of the other coin I am going to receive does not show up. It just remains at 0.0. Also, I can't connect the wallet at all. It shows connected on my Test Trust wallet via wallet connect, but on the web app it's as though the wallet is yet to be connected. I guess it's still buggy and under upgrade as stated by HostFat

[HostFat]

They've upgrade the nodes, you can try it now
https://app.thorswap.finance/