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

[joker_josue]

But exchange operators don't want to do this. It would decrease the number of confiscations and that's not in their dirty interest. 

The question is not even to reduce confiscations.
If they had this type of tools they would reduce the number of customers. Because many stopped using the platform.

Thus, in case any AML alerts arise, they continue with the client.
They will always earn some fee from that transaction.

[Pmalek]

The question is not even to reduce confiscations.
If they had this type of tools they would reduce the number of customers. Because many stopped using the platform.

Thus, in case any AML alerts arise, they continue with the client.
They will always earn some fee from that transaction.

That's also a possibility. However, it can work the other way as well. I think many people have certain coins they believe wouldn't pass these AML and "dirtiness" checks at centralized exchanges and they don't want to try and deposit them there. But if there was a sure way to have those coins tested before making a transaction, people could do that and perhaps see surprising results. If UTXOs you believe aren't "clean enough" suddenly receive a good rating and you don't mind using a CEX, that would give you the confidence you need to do it.

[examplens]

If the user used our link we'd be able to refund him already, but because he didn't we can only pressure GhostSwap to assist him. (Which itself is proving very effective!)

That's a pretty shitty way that GhostSwap does its business to be honest. When their partners (like you) are watching, they play nice. When they are gone or can't see, they will perform shotgun KYC or confiscations or their liquidity partners will. And to the end user it doesn't matter where the coins are now and who is asking the questions. The money isn't in the end user's pockets.

I honestly do not see a single justified reason why escrow at OF would not cover all stuck orders at an exchanger. If it is Ghostswap funds and there is enough evidence that the order is valid, there should be no obstacles.
I assume that in some AML analyses, a parameter would have to be added: "swap through OF" = AML risk score 0%

[OrangeFren]

It's such a faulty concept that it would be laughable if it wasn't for the fact that many people become victims to it and probably never find a way out of the maze. So I won't call it laughable but pitiable.

It's becoming dangerous to use exchangers that have third-party liquidity providers. As you said, each of their partners can have their own notion of what's allowed and what isn't, and the user only finds out that some coins aren't allowed when the damage has been done. In other words, when their money gets frozen. I wouldn't recommend using any service that doesn't work with its own reserves for all swaps. The moment they start bouncing your from A to B and C to fill your order and call themselves "non-custodial" it's a red flag.

Every exchange could make this AML and taint nonsense so much easier for their users if they wanted to. Pre-screening before depositing. You enter the address from where you intend to deposit from on their website, they conduct whatever AML and taint investigations they normally would and show you the results. If you get the green thumbs up, you are good to go and you can deposit with peace of mind. If there is a problem, the feedback tells you everything you need to know. It should say why you failed the check and what kind of information and proof you would need to submit if you wanted to continue with your swap.

But exchange operators don't want to do this. It would decrease the number of confiscations and that's not in their dirty interest.  

This filter on OrangeFren.com can save you a lot of headache

[Pmalek]

This filter on OrangeFren.com can save you a lot of headache

That's indeed an excellent feature. I didn't know you had such a filter. Seeing your post, I first thought that you provide those AML checks yourself lol. But that's not what it is. It's a list of exchanges and instant swap platforms where you can contact the support and ask them to perform manual AML checks before depositing your coins with them. More time is needed to execute a swap but it's certainly worth it.

[LoyceV]

Suggestion: keep the active Filters when I click Search again.

[OrangeFren]

Suggestion: keep the active Filters when I click Search again.

Good idea. I'll look into this. Thanks!


MoneroKon Coup D'État

Following multiple MoneroKon room meetings and a vote last Saturday it was decided that me and my team were to organise next year's MoneroKon.

The main opposition to our proposal was a proposal to organise by a former organiser called ajs.

After the vote ajs conceeded and said he will transfer control of the domains and socials. However, a day later ajs proceeded to kick me from the MoneroKon room calling me a "corporate raider". He then proceeded to orchestrate a coup during which he put out an announcement that MK7 being hosted by OrangeFren.com is a lie and that there will be an emergency meeting happening this Saturday to redo the vote.

During the last vote we received 7 votes. He received 0. And 5 people abstained.

Ajs then proceeded to remove access to the MK infrastructure and comms from former MK volunteers. He even proceeded to remove my access from the MoneroKon server that I've been paying for since early this year. My lawyer informs me that is a felony.

Although ajs defends his actions claiming that he wanted to not let the "dream of a community-run MoneroKon die so easily" it should be noted that his proposal was to organise a for-profit MK7 using his own LLC.

You can find more info about this situation, as well as info about tomorrow's "emergency vote" (to vote the way the boss ordered this time) in this GitHub issue: https://github.com/monero-project/meta/issues/1417

[mikel_012]

Even after GhostSwap demanded KYC for a user you still left never-KYC with Yes in your website. Why did you not update this information?

Add a information note that this is only true if used with your link or update the information to NO because this is misleading and very bad

[OrangeFren]

Even after GhostSwap demanded KYC for a user you still left never-KYC with Yes in your website. Why did you not update this information?

Add a information note that this is only true if used with your link or update the information to NO because this is misleading and very bad

Good idea. We already have this:

The trade conditions listed above apply only to users using our links. Without them conditions are worse, and we won't be able to help if your funds are frozen.

But I added a warning to GhostSwap too just now:

A BTT user recently had their funds frozen by GhostSwap. Never-KYC only for our users.

[LoyceV]

But I added a warning to GhostSwap too just now:

Never-KYC only for our users.

Doesn't that prove they only use KYC as an excuse to confiscate funds? And even after KYC, they still blocked his funds:

My funds have been blocked since May 24 — nearly 7 weeks now.

[dkbit98]

Ajs then proceeded to remove access to the MK infrastructure and comms from former MK volunteers. He even proceeded to remove my access from the MoneroKon server that I've been paying for since early this year. My lawyer informs me that is a felony.

DramaKon 
This guy sounds like a totally crazy egomaniac, just reading what he did is giving me NVK vibes. 
I can't wait to see what will happen after next emergency vote and ajs-xmr reaction.

[mikel_012]

But I added a warning to GhostSwap too just now:

Never-KYC only for our users.

Doesn't that prove they only use KYC as an excuse to confiscate funds? And even after KYC, they still blocked his funds:

My funds have been blocked since May 24 — nearly 7 weeks now.

I think the same

When it is enough for the time to remove the website from the list? If they steal the money it is ok because it was not with the link from Orange Fren?

Bad websites need to be removed from all lists and be ashamed to not solve the issues from the customers

[examplens]

Ajs then proceeded to remove access to the MK infrastructure and comms from former MK volunteers. He even proceeded to remove my access from the MoneroKon server that I've been paying for since early this year. My lawyer informs me that is a felony.

DramaKon 
This guy sounds like a totally crazy egomaniac, just reading what he did is giving me NVK vibes. 
I can't wait to see what will happen after next emergency vote and ajs-xmr reaction.

It is especially interesting to me that there is so much drama, and at the same time, it is a non-profit event. Even if the goal is profit, it is not a significant amount of money in the game.

[LoyceV]

I'll quote this here:

I can't understand why orangefren can't help you recover the scammed amount and then stop cooperation with ghostswap forever. What's the point of holding escrowed funds only for users using their ref link while the service is scamming other users? Who would trust orangefren even if he receives special treatment if they're promoting a service scam to others? I can't find the logic in this point.

To orangefren, I will start a scam exchange platform, but I can't promote it anywhere. I will use your platform to list my scam. In exchange, I will guarantee you a sweet affiliate commission and put a considerable amount in escrow just for you to make sure that I will not scam users coming from your links. Is this possible?

I get that it's part of your business model to "go the extra mile" for your own users, but in a way, OrangeFren's "guarantee" encourages selective scamming by exchangers.