OrangeFren.com - instant, KYC-free, exchange comparison

[dkbit98]

Based on stats from our users FF demands personal information for roughly 1 in 10 000 ~ 20 000 swaps.

How would actually you know if someone is asked by FF to complete KYC verification, and they do that without informing you?
That 1 guy in 20 000 swaps is someone who complained and maybe they didn't want to comply with FF demands.


Maybe this new aggregator could be interesting for OrangeFren, I think it was made by someone from PeachBitcoin:
https://p2p.band/

[examplens]

XMR isn't available on many CEXs, and this leads to the only option being to use DEXs or instant exchanges for conversion. That is the reason exchanges raise the XMR trading fee as they know that the trader do not have much options. I didn't like the fact when eXch increased the XMR fee to 5%. That was too much fee to pay for conversion. If any instant exchange wants to become popular, they should charge lower fees and rates close to the centralized exchanges, and they will get many customers. 

In this particular case, the fee increase on XMR was not a matter of the greed of the exchangers, but was largely influenced by the higher demand for Monero and the need for the exchangers to buy elsewhere in order to cover as much of the requirements for XMR as possible.
As far as I remember, in addition to the "high" fee on the sale of XMR, there was often a lack of quantity that the market demanded

[OrangeFren]

Based on stats from our users FF demands personal information for roughly 1 in 10 000 ~ 20 000 swaps.

How would actually you know if someone is asked by FF to complete KYC verification, and they do that without informing you?
That 1 guy in 20 000 swaps is someone who complained and maybe they didn't want to comply with FF demands.


Maybe this new aggregator could be interesting for OrangeFren, I think it was made by someone from PeachBitcoin:
https://p2p.band/

It's based on users of OrangeFren.com who complained and any user of Intercambio.app that was asked for extra info. We no longer have FF listed on Intercambio, because they required us to start logging and we declined.

I'll check it out!


Video by xenu

OrangeFren.com and Intercambio.app SimpleX bot were shown in a tutorial video by xenu, the admin of antimoonboy.com!

Watch it on:

• YouTube
• Odysee
• Rumble

[examplens]

I saw this on Reddit 
Therefore, they would rather exert private pressure than improve their business practices. There is no need to waste words on the lack of desire to solve scam accusations against them here.


https://www.reddit.com/r/Monero/comments/1n3ymrb/comment/nbhi6id/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

[OrangeFren]

I saw this on Reddit 
Therefore, they would rather exert private pressure than improve their business practices. There is no need to waste words on the lack of desire to solve scam accusations against them here.


https://www.reddit.com/r/Monero/comments/1n3ymrb/comment/nbhi6id/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

I should start charging them per message like some egirls are doing


Stats for August

Stats for searches on OrangeFren.com in August👀

Why is Bitcoin below 25%? Why are people moving to USDC?

XMR: 42.76%
BTC: 24.73%
LTC: 7.82%
ETH: 7.33%
USDT: 5.76%
USDC: 2.73%
SOL: 1.84%
ZEC: 1.09%
BTCLN: 1.06%
TRX: 0.55%
DOGE: 0.41%
ZANO: 0.33%
XRP: 0.32%
DAI: 0.32%
FIRO: 0.26%
BNB: 0.22%
BCH: 0.17%
ADA: 0.15%

[dkbit98]

Why is Bitcoin below 25%? Why are people moving to USDC?

I think people prefer holding bitcoin and spending stablecoins, but there is a chance once day government won't allow them to spend BTC in future if they are not ''appoved'' by them.
If you didn't notice many big tech companies also started their own stablecoins, even Trump clown, and that tells you something.
I personally don't trust any stablecoin, especially not for holding.

[OrangeFren]

I think people prefer holding bitcoin and spending stablecoins, but there is a chance once day government won't allow them to spend BTC in future if they are not ''appoved'' by them.
If you didn't notice many big tech companies also started their own stablecoins, even Trump clown, and that tells you something.
I personally don't trust any stablecoin, especially not for holding.

I wouldn't trust any stables either. As for Bitcoin I'm surprised that LN isn't used more.


FixedFloat meetup on the Azores 🇵🇹

‼️With the help of FixedFloat we're organizing a meetup on the Azores🇵🇹 next week!

Join us on the 13th of September at the Bitcoin-accepting Intz48 in Ponta Delgada🇵🇹

👉Sign up here:
http://OrangeFren.com/event/26

Or here:
https://Meetup.com/ponta-delgada-fixedfloat-com-bitcoin-meetup/events/310870354/

[examplens]

Why is Bitcoin below 25%? Why are people moving to USDC?

When I need to withdraw cash or pay something through the service, I usually convert BTC to a stable coin, thus reducing the chances of freezing funds or incurring a worse exchange rate. I keep the stable coin with me only as long as the transactions last.

XMR: 42.76%
BTC: 24.73%
LTC: 7.82%
ETH: 7.33%
USDT: 5.76%
USDC: 2.73%
SOL: 1.84%
ZEC: 1.09%
BTCLN: 1.06%

I'm more surprised that LTC is above ETH, pretty good demand for this coin.

[ovcijisir]

Has anyone tried to use Octoswap recently?

Last few times when I did search on Orangefren for swapping USDT to BTC, Octoswap has been shown as exchange with best exchange rate. When I visited Octoswap I was surprised how good exchange rate really was Too bad that it didn't work. This issue is going on for few weeks, as I tried to swap smaller amounts of USDT to BTC, and it wasn't fixed so I couldn't make the swap. Haven't tried other pairs though, just USDT (BEP20) -> BTC.

[dkbit98]

Has anyone tried to use Octoswap recently?

Nope.
It looks like they are reporting fake exchange rate to attract more customers, and they are not the first service doing that, but it is strange to see they have OrangeFren guarantee.
I tried testing exchange from USDT to BTC on OrangeFren and Octoswap was on the top of results I received.

Maybe this is the reason they can have different exchange rate, up to 3%:

[ovcijisir]

Has anyone tried to use Octoswap recently?

Nope.
It looks like they are reporting fake exchange rate to attract more customers, and they are not the first service doing that, but it is strange to see they have OrangeFren guarantee.
I tried testing exchange from USDT to BTC on OrangeFren and Octoswap was on the top of results I received.

Maybe this is the reason they can have different exchange rate, up to 3%:

I doubt that the coins are tainted because I never got to the point where I had to fill in input address.

The problem is that they give some imaginary rate of 3046722 BTC for 27 USDT. When I try to proceed just get error:





Tried the same input on Orangefren again (27 USDT for BTC ) and this time the first result is CCE.cash that also gives completely different exchange rate on Orangefren and different on their website. I reported the same issue with this exchange few months ago: