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Author Topic: OrangeFren.com - instant, KYC-free, exchange comparison  (Read 610 times)
OrangeFren (OP)
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August 12, 2022, 01:40:36 PM
Merited by eXch (30), paid2 (1)
 #1

About 6 months ago I created https://orangefren.com/.
Also available at http://rnwis2whetqcj4oknksnc5l24jbh33nflunifff3xtjjonnoxu3ld6id.onion/.

OrangeFren.com lets you quickly compare the rates among instant, KYC-free, exchanges trading Bitcoin (including on Lightining), Bitcoin Cash, Ethereum, Litecoin, Monero, USDC and USDT.

The comparison takes into account the amount you're willing to trade and (by default) your region.

At this point the site queries about a half a dozen exchanges, none of which require a sign up.

For trades from Bitcoin into Monero the site also shows atomic swaps when their rate is better than that of instant exchanges.

We also partnered up with some of our best exchanges to offer the OrangeFren Guarantee - a security deposit provided to us by the exchanges to compensate our users in cases of disputes with the exchanges.

The specifics vary depending on the exchange, but the most common points include compensation to the user if an exchange runs off with their money, doesn't respond to their messages, lies about the previewed exchange rate or when the user is asked to answer KYC or SoF questions and passes the verification.

You can also use our service through our Telegram bot: https://orangefren.com/bot/telegram. It has the same functionality as OrangeFren.com with the added ability to request price alerts delivered through a DM straight to your inbox.

If you'd like to follow our project we're most active on Reddit as u/OrangeFren.

I look forward to hearing your thoughts and feedback!
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August 12, 2022, 07:25:24 PM
 #2

We also partnered up with some of our best exchanges to offer the OrangeFren Guarantee - a security deposit provided to us by the exchanges to compensate our users in cases of disputes with the exchanges.
Can you share how much they deposited for this?

Quote
or when the user is asked to answer KYC or SoF questions and passes the verification.
So it's not KYC-free?
One of the exchanges you're listing is a confirmed selective scammer:
Quote
Selective scammer: this exchange claims to be anonymous, then refuses to send funds and asks for KYC when it's convenient for them.
That's gonna be costly to compensate your users.

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August 12, 2022, 09:51:00 PM
Merited by LoyceV (4), ABCbits (1), paid2 (1)
 #3

Quote
So it's not KYC-free?
All of the exchanges listed on OrangeFren.com generally don't require KYC verification. However some check if the coins are tainted and then require SoF verification.
This never happened to any of my users and in the case of exchanges that have a reputation of doing so in the past there's a red warning on OrangeFren.com.
It's unfortunate, but sadly unavoidable if the exchanges constantly require liquidity from the huge CEXes.

The OrangeFren Guarantee does not apply to all exchanges listed. Currently it's only for trades on FixedFloat and eXch. Although I have suggested the service to others too, including the one you mention, they have declined.

I will look into the reports regarding the service you mentioned and probably add a red warning for them too.

Quote
Can you share how much they deposited for this?
Currently we compensate up to 2k USD per trade with FixedFloat and up to 1k USD per trade with eXch. Note that with the exception of an exit-scam our compensation maxes out at 10% so under normal circumstances that's a proportionate compensation for trades up to 20k and 10k respectively.
Our reserves are naturally larger than the per trade maximum.
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August 13, 2022, 04:50:18 AM
Merited by ABCbits (1)
 #4

generally don't require KYC verification
So the "KYC-free" claim is misleading Sad

Quote
some check if the coins are tainted
Can you share how they check that? And list the exchanges in [Blacklist] of unreliable, 'taint proclaiming' Bitcoin services / exchanges?
Taint only exists if people believe it does! The notion of "taint" is very bad for Bitcoin. Allow me to quote myself:
I've seen several posts lately from people willing to treat Bitcoin as non-fungible because they believe some coins are "tainted".
I'd say this is a severe threat to Bitcoin, and I wouldn't be surprised if governments use this because they can't stop Bitcoin in any other way. If people believe Bitcoin is "tainted", they won't accept it anymore. "We" should really inform people not to fall for this.
Nobody would reject a dollar bill because it has previously been used in a crime, despite the fact that 85 to 90% contains traces of cocaine. Claiming Bitcoin isn't fungible is just plain stupid.

This never happened to any of my users and in the case of exchanges that have a reputation of doing so in the past there's a red warning on OrangeFren.com.
I didn't see any warning on the selective scammers I mentioned. It's better to avoid them entirely.

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our compensation maxes out at 10%
I didn't catch that when you wrote "compensate our users", but after checking the meaning of the word, it turns out "compensate" doesn't mean what I thought it would.

There's a flaw in your Untraceable Bitcoin with Monero: the exchange you use knows exactly which Bitcoin addresses belong to your IP address if you're not using different Tor identities.



Your Disclaim affiliation is genius:
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August 13, 2022, 12:05:14 PM
 #5

Quote
So the "KYC-free" claim is misleading  Sad
Well... we've never observed them being non KYC-free to our users. And if they start doing that and the users go through their verification we'll compensate them for their trouble and loss of privacy straight from the exchange' coffers. It's not flawless, but if we only listed exchanges that will never check if your coins are tainted we'd only be able to list one and I suspect it's only a matter of time, before they too are forced to change their business model.

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Can you share how they check that?
Unfortunately no, because there is no objective standard, just like you say it's entirely subjective. Anecdotally I have reason to believe stolen coins are considered tainted, but coins from DNMs are not, but that's just me connecting the dots from the things I hear, please don't rely on this observation.
Aside from the warning users an exchange might take their funds if they appear tainted we also warn users if an exchange is known to send tainted coins which then cause inconvenience when the user tries to spend them.

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The notion of "taint" is very bad for Bitcoin.
I fully agree with you. However so long as Bitcoin's blockchain is transparent it is unavoidable. The only (admittedly partial) solution which comes to mind is the use of Bitcoin's Lightning Network of which I am a strong supported and actually before OrangeFren.com I spent my days creating tools for lnd professionally. For that reason OrangeFren.com does separate comparisons and collects separate rates from Lighting exchanges.


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There's a flaw in your Untraceable Bitcoin with Monero
You're right! Thanks for letting me know! I'll go over the post and fix the error.

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Your Disclaim affiliation is genius
Thank you! The website actually started off with that idea, however nobody ever used it. Recently I was actually planning on removing that feature entirely.
OrangeFren (OP)
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August 15, 2022, 09:32:26 AM
 #6

Quote
Having too many online account could be annoying and has some privacy/security concern if the user has weak privacy/security practice.

That's an interesting point that I haven't considered. My rationale was it's best for new users to already have accounts on P2P exchanges to avoid the temptation of going with one of the huge CEXes which are atrocious from a privacy standpoint.

Quote
IMO there should be clarification if the exchange ask for KYC/SoF.

I considered adding that, however it's hard to get a good source for this. I've seen exchanges break their own ToS with respect to requiring verification or allowing the user to get their funds back if they refuse to answer questions.

I can ask the exchanges outright, but if they lie or change their mind in the future like some did with their ToS then I'd be giving the user a false sense of security.
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August 15, 2022, 04:34:25 PM
 #7

I look forward to hearing your thoughts and feedback
Can you list all the services and exchanges you are using to get best offers?
I tried finding offers for several trading pairs and I only found two or three for Bitcoin Lightning, and most of the other coins except ethereum.
I never used Exolix exchange and I wouldn't trust ChanegNow very much that they won't ask for kyc or freeze my coins.

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OrangeFren (OP)
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August 15, 2022, 04:54:16 PM
Merited by LoyceV (2), ABCbits (1), dkbit98 (1)
 #8

Can you list all the services and exchanges you are using to get best offers?
As I write this OrangeFren.com lists offers from: FixedFloat, SideShift, Exolix, ChangeNow, MajesticBank, StealthEx, eXch and (for BTC->XMR) atomic swaps.

I tried finding offers for several trading pairs and I only found two or three for Bitcoin Lightning, and most of the other coins except ethereum.
The website only shows results which fit the amount you want to trade and, by default, are available in your region. Bitcoin on Lightning is a bit tricky, because there's only a few exchanges that support it and most don't service US customers, however in the coming days I expect to be able to list another Lightning exchange and it'll be one available globally.
You might also be seeing few offers, because recently many of the exchanges faced difficulties with their liquidity providers surrounding the Monero hardfork.
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August 04, 2023, 11:44:45 PM
Merited by dkbit98 (1)
 #9

I have the pleasure of announcing that thanks to eXch.cx OrangeFren.com is organizing a meet-up in Budapest, Hungary 🇭🇺 in two weeks on Saturday the 19th of August

Where? Satoshi Nakamoto statue, Záhony u. 7, 1031 Budapest 🇭🇺

When? From 14:00 on Saturday the 19th of August

Sign ups are below - they are FREE
https://orangefren.com/event/7

Since you're reading this on BitcoinTalk you're probably not new to cryptocurrency nonetheless we always welcome everyone, you don't need to like Bitcoin, you don't need to know anything about cryptocurrency, if you're interested in these topics and wanna hang out that's all you need 🧡

If you make it you can expect some refreshments and free Monero stickers

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September 25, 2023, 06:40:50 AM
 #10

Thanks to LocalMonero.co OrangeFren.com is organizing another event, this time in Istanbul, Turkey in about a week on the 2nd of October.

Where? Sarıdemir, Ragıp Gümüşpala Cd. No:29, 34116 Fatih/İstanbul 🇹🇷

When? From 19:00 on Monday the 2nd of October

You can sign up on Meetup.com: https://www.meetup.com/moneroturko-istanbul/
Or on OrangeFren.com (noJS, Tor-friendly): https://orangefren.com/event/8

Thanks to LocalMonero.co attendees will get a free, water-proof 💦, fire-proof🔥, stainless steel wallet to punch or etch their crypto mnemonic into
The LocalMonero.co wallets are also available for purchase globally on: https://monerosupplies.com/product/localmonero-wallet/

If the event goes well it will become a cyclical event happening every few weeks.
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September 26, 2023, 11:02:36 PM
 #11

@OrangeFren is there any way you could improve your service to find best deals for exchanging BTC (and other coins) for fiat currencies (cash, etc)?
I am looking for some better alternative for bestchange.com.

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October 08, 2023, 01:57:50 PM
Merited by dkbit98 (1)
 #12

@OrangeFren is there any way you could improve your service to find best deals for exchanging BTC (and other coins) for fiat currencies (cash, etc)?
I am looking for some better alternative for bestchange.com.

Good idea! I'll work on that
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October 11, 2023, 11:17:10 AM
 #13

Thanks to FixedFloat.com OrangeFren.com is organizing two more events!

The first one is in Andorra (Nov. 2nd) and the second one in Barcelona, Spain (Nov. 3rd)

Andorra
Where? 20 Carrer de La Vall Barri Antic Hostel, Andorra la Vella AD500 Andorra

When? From 16:00 on Thursday the 2nd of November

Sign up on OrangeFren.com (noJS & Tor-friendly): https://orangefren.com/event/9
Sign up on meetup.com: https://www.meetup.com/cryptocurrency-fixedfloat-com-meet-up/events/296674600/

Barcelona
Where? COMTE D'URGELL 182 LOCAL 3 08036 Barcelona, Spain

When? From 18:00 on Friday the 3rd of November

Sign up on OrangeFren.com (noJS & Tor-friendly): https://orangefren.com/event/10

Thanks to FixedFloat.com attendees will get a free, water-proof 💦, fire-proof🔥, stainless steel wallet to punch or etch their crypto mnemonic into as well as free Halloween candy!🎃

The FixedFloat.com wallets are also available for purchase globally on: https://monerosupplies.com/product/fixedfloat-wallet/
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December 09, 2023, 01:34:35 PM
Merited by eXch (2), dkbit98 (1)
 #14

Thanks to eXch.cx OrangeFren.com is organising an event on Malta in about a month on Friday the 5th of January.

Where? Down the Rabbit Hole, 64 Triq Rue D'Argens, L-Imsida, Malta 🇲🇹

When? From 19:00 on Friday the 5th of January

Sign up on OrangeFren.com (noJS & Tor-friendly): https://orangefren.com/event/11

The venue - Down the Rabbit Hole - accepts cryptocurrency
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December 11, 2023, 07:16:17 PM
Merited by OrangeFren (4)
 #15

Thanks to eXch.cx OrangeFren.com is organising an event on Malta in about a month on Friday the 5th of January.
I see that tickets are free for this event, so I don't see why anyone wouldn't want to come if they are in Malta in January.
That is why I took the liberty and I shared the event with people I know from that region.

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February 08, 2024, 12:30:09 PM
Merited by dkbit98 (3)
 #16

Thanks to eXch.cx OrangeFren.com is organising an event in Lisbon tomorrow on Friday the 9th of February.

Where? The Block, R. Latino Coelho 63, 1st floor, 1050-133 Lisboa 🇵🇹

Notice that the event is on the 1st floor!

When? From 18:30 on Friday the 9th of February

Sign up on OrangeFren.com (noJS & Tor-friendly): https://orangefren.com/event/12

The first 1️⃣0️⃣ people to show up will receive a FREE Cryptosteel Capsule compatible with the 25-word Monero mnemonic. The Capsules have the eXch.cx logo on them

The venue - The Block Lisboa - accepts cryptocurrency
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February 08, 2024, 07:39:43 PM
 #17

The first 1️⃣0️⃣ people to show up will receive a FREE Cryptosteel Capsule compatible with the 25-word Monero mnemonic. The Capsules have the eXch.cx logo on them
Very nice!
Next free gift should be some open source hardware wallet. maybe Satochip, Seedsigner, Trezor or something similar.

One question:
What happens if money was frozen by exchange when customer uses it via OrangeFren?
For example, recently I saw this with one guy who used FixedFloat exchange, and you have OrangeFren Guarantee for them.

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OrangeFren (OP)
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February 17, 2024, 11:52:33 AM
Merited by dkbit98 (1)
 #18

One question:
What happens if money was frozen by exchange when customer uses it via OrangeFren?
For example, recently I saw this with one guy who used FixedFloat exchange, and you have OrangeFren Guarantee for them.
The scope of our guarantee depends on the service in question. With FixedFloat we are unable to offer refunds if the coins were frozen due to taint. Nonetheless, in cases like this, if a user reaches out to us, we intervene and try to assist them in getting their money back. In this recent case we did just that and the user got all their funds back.

However, with for instance eXch, our guarantee agreement offers a full refund to a user in the event of freezing due to taint.
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February 17, 2024, 12:05:33 PM
 #19

Following the very successful event last week in Lisbon with over 60 attendees, we're back for another meetup.

Thanks to eXch.cx OrangeFren.com is organising an event in Madrid next Friday on the 23rd of February.

Where? Cryptocafé, Calle Bastero 13, 28005 Madrid, Spain 🇪🇸

When? From 18:00 on Friday the 23rd of February

Sign up on OrangeFren.com (noJS & Tor-friendly): https://orangefren.com/event/13

1️⃣0️⃣ lucky attendees will receive a FREE Cryptosteel Capsule compatible with the 25-word Monero mnemonic. The Capsules have the eXch.cx logo on them

The venue - Cryptocafé - accepts cryptocurrency
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February 17, 2024, 08:54:59 PM
 #20

The scope of our guarantee depends on the service in question. With FixedFloat we are unable to offer refunds if the coins were frozen due to taint. Nonetheless, in cases like this, if a user reaches out to us, we intervene and try to assist them in getting their money back. In this recent case we did just that and the user got all their funds back.
I am glad to hear that, and someone should update that info in scam accusation board.
It is always worth checking for best exchange rates and to exchange coins with help of Orangefren.
Maybe you should start some type of affiliate program.

However, with for instance eXch, our guarantee agreement offers a full refund to a user in the event of freezing due to taint.
They are good, and we need more exchanges like that.
Is it possible for you to somehow add Bisq and Agoradesk rates?

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March 04, 2024, 02:30:41 PM
 #21

I am glad to hear that, and someone should update that info in scam accusation board.
It is always worth checking for best exchange rates and to exchange coins with help of Orangefren.
Maybe you should start some type of affiliate program.

They are good, and we need more exchanges like that.
Is it possible for you to somehow add Bisq and Agoradesk rates?

Thank you! We plan on doing an affiliate program, but it's not a top priority at the moment.

We're currently internally testing Bisq, AgoraDesk and others for fiat <> crypto swaps. We already have AgoraDesk for crypto<>crypto.

As of yesterday WizardSwap also has the OrangeFren Guarantee.
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March 04, 2024, 02:50:23 PM
Merited by dkbit98 (1)
 #22

Thanks to AgoraDesk.com OrangeFren.com is organising an event in Buenos Aires in two weeks on Friday the 15th of March.

Where? Espacio Cultural Bitcoin, Marcelo Torcuato de Alvear 405, C1058 AAC, Buenos Aires 🇦🇷

When? From 18:00 on Friday the 15th of March

Sign up on OrangeFren.com (noJS & Tor-friendly): https://orangefren.com/event/14
Sign up on Meetup.com: https://www.meetup.com/buenos-aires-crypto-meetup-sponsored-by-agoradesk-com/events/299558195/

If you make it you will get free Monero stickers and a free stainless steel LocalMonero mnemonic wallet!

The venue - Espacio Cultural Bitcoin - accepts cryptocurrency
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March 06, 2024, 02:56:28 PM
 #23

We're currently internally testing Bisq, AgoraDesk and others for fiat <> crypto swaps. We already have AgoraDesk for crypto<>crypto.
Glad to hear that, I am surprised that nobody made something similar so far.
Another exchange with fiat trading you can consider add is Robosats, and I know they are trading with Lightning Network but it could be interesting option when fees are higher.


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OrangeFren (OP)
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March 10, 2024, 11:10:29 PM
Merited by dkbit98 (1)
 #24

Thanks to AgoraDesk.com OrangeFren.com is organising an event in São Paulo in two weeks on Saturday the 23rd of March.

Where? Jardim Botanico, 996F+73 Vila Água Funda, São Paulo

When? From 9:00 on Saturday the 23rd of March

Sign up on OrangeFren.com (noJS & Tor-friendly): https://orangefren.com/event/15
Sign up on Meetup.com: https://www.meetup.com/sao-paulo-crypto-meetup-sponsored-by-agoradesk-com/events/299709186/

If you make it you will get free Monero stickers and a free stainless steel LocalMonero mnemonic wallet!

The venue - the botanical garden - has an entrance fee. The fee will be refunded to all attendees with either XMR or BTC over LN.
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April 19, 2024, 06:40:21 AM
Merited by dkbit98 (5)
 #25

Is it possible for you to somehow add Bisq and Agoradesk rates?

Today we added fiat <> crypto rates!!

We list rates from Bisq and AgoraDesk

Selling more than $10k?

With the OrangeFren Broker Partner you can sell crypto straight for cash 💸, in person 🤝, around the World 🌎, without KYC  Cool

Try it out on OrangeFren.com 🧡💚
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April 19, 2024, 01:50:26 PM
 #26

Today we added fiat <> crypto rates!!
Finally!
I have been looking for something like this for a very long time.
With my testing using different amounts and I am only getting offers from Bisq right now.
Are there any future plans for adding more rates from other providers like PeachBitcoin, Robosats and others?

With the OrangeFren Broker Partner you can sell crypto straight for cash 💸, in person 🤝, around the World 🌎, without KYC  Cool
How can we find more information about OTC Broker and available locations?

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April 19, 2024, 04:59:47 PM
Merited by dkbit98 (1), paid2 (1), BitcoinVN_News (1)
 #27

Finally!
I have been looking for something like this for a very long time.
With my testing using different amounts and I am only getting offers from Bisq right now.
Are there any future plans for adding more rates from other providers like PeachBitcoin, Robosats and others?

Yes, we'll add more soon.

How can we find more information about OTC Broker and available locations?

You can contact the broker personally via SimpleX (there's a link on the result page of a search to sell crypto). Then he can answer all your questions.

As for locations:
Albania
Tirana

Austria
Vienna

Belarus
Minsk

Belgium
Brussels

Bosnia and Herzegovina
Sarajevo

Bulgaria
Sofia
Burgas

Croatia
Zagreb

Czechia
Prague

Denmark
Copenhagen

Estonia
Tallinn

Finland
Helsinki

France *
Paris
Nice
Monaco
Cannes
Marseille
Lyon

Germany *
Berlin
Munich
Frankfurt
Hamburg
Düsseldorf
Stuttgart
Cologne
Dortmund

Greece
Athens
Thessaloniki

Hungary
Budapest

Ireland
Dublin

Italy *
Rome
Milan
Naples

Latvia
Riga

Lithuania
Vilnius

Moldova
Chisinau

Monaco
Monaco

Montenegro *
Podgorica
Budva

Netherlands
Amsterdam
Rotterdam

North Macedonia
Skopje

Norway
Oslo

Poland  *
Warsaw

Portugal
Lisbon

Romania
Bucharest

Russia *
Moscow
Saint Petersburg
Yekaterinburg
~25 other cities

Serbia
Belgrade

Slovakia
Bratislava

Slovenia
Ljubljana

Spain *
Madrid
Barcelona
Alicante
Valencia

Sweden
Stockholm

Switzerland
Zürich
Geneva

Ukraine *
Kyiv
Lviv
Kharkiv
~10 other cities

United Kingdom *
London
--------------------
"*" == some other cities in that country are possible as well

We'll be doing cities on other continents soon too. If you live on another continent you can ask the broker to see if he's able to provide there already
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April 23, 2024, 02:17:16 AM
Merited by OrangeFren (3)
 #28

Some deserved coverage for our frens from Orangefren in our online publication Smiley


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April 23, 2024, 04:41:10 PM
 #29

What does it mean where there is no notification or guarantee from your side? For instance, just for testing purposes, I did a BTC to ETH search, and the second result is for ChangeHero. Your page doesn't show the OrangeFren Guarantee (like with eXch), but there is also no warning that funds may be frozen.

When I go to ChangeHero's website, the first thing I see is this:

Quote
Please note that ChangeHero uses a risk-scoring automated system aimed to spot suspicious activity during operations. In case your transaction is flagged by this system, ChangeHero reserves the right to conduct the KYC procedure and process the transaction in accordance with our AML/KYC policy and our Terms of Use (paragraph 3.6).
https://changehero.io/

The site's TOS also states the following:

Quote
To be able to avail the services, we require you to consent to pass through AML/KYC procedures that may be implemented on you according to our internal AML/KYC policies. During these procedures, ChangeHero reserves the right to request additional information and documents which are intended without limitation to identify our User and to prove the source of the funds.
https://changehero.io/terms-of-use

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.BLACKJACK ♠ FUN.
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April 23, 2024, 06:41:52 PM
 #30

You can contact the broker personally via SimpleX (there's a link on the result page of a search to sell crypto). Then he can answer all your questions.
Sure I will.
So I just need to write a message to broker with trade I want to do, right?
That is decent amount of cities being supported with broker, but I guess there will be no real guarantee from OrangeFren (since this is a partner) that users won't be tricked or scammed in some way.

Note for everyone that broker is only accepting >10 000 USD trades.


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OrangeFren (OP)
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April 25, 2024, 06:43:04 PM
 #31

What does it mean where there is no notification or guarantee from your side? For instance, just for testing purposes, I did a BTC to ETH search, and the second result is for ChangeHero. Your page doesn't show the OrangeFren Guarantee (like with eXch), but there is also no warning that funds may be frozen.

When I go to ChangeHero's website, the first thing I see is this:

Quote
Please note that ChangeHero uses a risk-scoring automated system aimed to spot suspicious activity during operations. In case your transaction is flagged by this system, ChangeHero reserves the right to conduct the KYC procedure and process the transaction in accordance with our AML/KYC policy and our Terms of Use (paragraph 3.6).
https://changehero.io/

The site's TOS also states the following:

Quote
To be able to avail the services, we require you to consent to pass through AML/KYC procedures that may be implemented on you according to our internal AML/KYC policies. During these procedures, ChangeHero reserves the right to request additional information and documents which are intended without limitation to identify our User and to prove the source of the funds.
https://changehero.io/terms-of-use

The OrangeFren Guarantee works through the exchange providing us with a deposit that we hold onto. Then in the event of a dispute with a specific exchange, we are able to, under previously agreed terms, to refund the user directly using the exchange's deposit. ChangeHero has not decided to to provide us with such a deposit, however they have assured us that they will issue a refund in the event of a refusal of undergoing KYC.
OrangeFren (OP)
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April 25, 2024, 06:48:20 PM
Merited by dkbit98 (1)
 #32

You can contact the broker personally via SimpleX (there's a link on the result page of a search to sell crypto). Then he can answer all your questions.
Sure I will.
So I just need to write a message to broker with trade I want to do, right?
That is decent amount of cities being supported with broker, but I guess there will be no real guarantee from OrangeFren (since this is a partner) that users won't be tricked or scammed in some way.

Note for everyone that broker is only accepting >10 000 USD trades.


Yes, simply writing to the broker is the way to initiate a trade.

You are correct about the risk. The service is provided by a partner that we have a lot of trust towards and that people we know also trust. We will be implementing some form of a guarantee, just like the existing OrangeFren Guarantee, in the future. But for that to be enforceable we'd need to move all communications to a place that allows us to see it. We need all the facts to do dispute resolution. We're looking into how to make it happen.
OrangeFren (OP)
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April 26, 2024, 08:39:28 AM
Merited by dkbit98 (3), Pmalek (2), paid2 (1)
 #33

In partnership with eXch we are doing a giveaway on Reddit's r/CryptoCurrency subreddit.

There's a prize of 0.5 Bitcoin for correctly guessing the BTC/USD rate in a few days time. The competition doesn't require any KYC.

You can participate here: https://www.reddit.com/r/CryptoCurrency/comments/1cd7e6w/exch_bitcoin_posthalving_giveaway_competition/
paid2
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April 26, 2024, 09:04:15 AM
Merited by icopress (3), OrangeFren (1)
 #34

In partnership with eXch we are doing a giveaway on Reddit's r/CryptoCurrency subreddit.

There's a prize of 0.5 Bitcoin for correctly guessing the BTC/USD rate in a few days time. The competition doesn't require any KYC.

You can participate here: https://www.reddit.com/r/CryptoCurrency/comments/1cd7e6w/exch_bitcoin_posthalving_giveaway_competition/

Wow thank you - to both of you eXch and OrangeFren - for such a great giveaway! WTF 0.5 BTC guys, this is a decade of basic salary in many countries. This is a great idea as r/CryptoCurrency is a very active subreddit, and I think a lot of people will enjoy to discover your services and find it useful.
I entered my guess and hope to be lucky Grin

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dkbit98
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April 26, 2024, 02:29:59 PM
 #35

You are correct about the risk. The service is provided by a partner that we have a lot of trust towards and that people we know also trust. We will be implementing some form of a guarantee, just like the existing OrangeFren Guarantee, in the future. But for that to be enforceable we'd need to move all communications to a place that allows us to see it. We need all the facts to do dispute resolution. We're looking into how to make it happen.
Thank you for explaining, and good to hear you have plans to improve this service.

In partnership with eXch we are doing a giveaway on Reddit's r/CryptoCurrency subreddit.

There's a prize of 0.5 Bitcoin for correctly guessing the BTC/USD rate in a few days time. The competition doesn't require any KYC.
Great reward, but r/CryptoCurrency is known to have very strict rules for posting and commenting anything on their subreddit.
If I may suggest that you create another similar prediction giveaway here in Bitcointalk forum or maybe on X-twitter.

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.HUGE.
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Pmalek
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April 26, 2024, 03:35:46 PM
 #36

The OrangeFren Guarantee works through the exchange providing us with a deposit that we hold onto. Then in the event of a dispute with a specific exchange, we are able to, under previously agreed terms, to refund the user directly using the exchange's deposit. ChangeHero has not decided to to provide us with such a deposit, however they have assured us that they will issue a refund in the event of a refusal of undergoing KYC.
Nothing against you or your honesty, but I trust a centralized exchange or swap service to do the right thing as much as I trust any government that the tax revenues they collect will be put to good use. In other words, I don't trust them one bit!

But I have had several positive experiences with eXch, and can only recommend the service to others.


I noticed that your website doesn't have a FAQ or Help section. It might be worth creating one. For instance, I wanted to check which exchanges have an OrangeFren Guarantee, but the information is nowhere to be found on the site. I can complete a search and see it in the results, but there really should be something better.

Thumbs up for the giveaway!

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.BLACKJACK ♠ FUN.
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paid2
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April 26, 2024, 04:29:31 PM
 #37

Great reward, but r/CryptoCurrency is known to have very strict rules for posting and commenting anything on their subreddit.

I think that OP probably benefits from these strict rules to avoid alt-accounts spamming the giveaway no?

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OrangeFren (OP)
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April 29, 2024, 08:39:19 AM
Merited by paid2 (1)
 #38

In partnership with eXch we are doing a giveaway on Reddit's r/CryptoCurrency subreddit.

There's a prize of 0.5 Bitcoin for correctly guessing the BTC/USD rate in a few days time. The competition doesn't require any KYC.
Great reward, but r/CryptoCurrency is known to have very strict rules for posting and commenting anything on their subreddit.
If I may suggest that you create another similar prediction giveaway here in Bitcointalk forum or maybe on X-twitter.


We're already doing a Cryptosteel Capsule giveaway together with eXch here on Bitcointalk. We'll be doing a giveaway of MoneroKon tickets soon too, we might do it on Bitcointalk, I'm still not sure

The OrangeFren Guarantee works through the exchange providing us with a deposit that we hold onto. Then in the event of a dispute with a specific exchange, we are able to, under previously agreed terms, to refund the user directly using the exchange's deposit. ChangeHero has not decided to to provide us with such a deposit, however they have assured us that they will issue a refund in the event of a refusal of undergoing KYC.
Nothing against you or your honesty, but I trust a centralized exchange or swap service to do the right thing as much as I trust any government that the tax revenues they collect will be put to good use. In other words, I don't trust them one bit!

But I have had several positive experiences with eXch, and can only recommend the service to others.
I agree and this is precisely why we came up with the OrangeFren Guarantee. eXch was one of our first partners to provide a deposit so I think they understand this natural lack of trust.


I noticed that your website doesn't have a FAQ or Help section. It might be worth creating one. For instance, I wanted to check which exchanges have an OrangeFren Guarantee, but the information is nowhere to be found on the site. I can complete a search and see it in the results, but there really should be something better.

Thumbs up for the giveaway!

Thanks for the feedback. We'll definitely be adding that.

Great reward, but r/CryptoCurrency is known to have very strict rules for posting and commenting anything on their subreddit.

I think that OP probably benefits from these strict rules to avoid alt-accounts spamming the giveaway no?
Yes, we're seeing a lot of comments getting shadowbanned by Reddit. This is perfect for us, because not only is spam removed, but also it's Reddit's liability if they hide a comment for a genuine user, not ours.
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