♻️ CCE.Cash - Instant & Automatic Exchange ♻️ Fees 0.4 - 0.8%!

[Faisal2202]

Tor significantly slows down your browsing which can be a pain in the ass. It's much better for your privacy, though. Each user has to weigh the pros and cons and figure out what's more important to them. The Mullvad browser is a good alternative in connection with Mullvad VPN or a similar and proper no-log VPN service. It's a privacy-focused, anti-tracking Firefox fork developed in a partnership with Tor. It's much better in terms of browsing speed.

I have not used Mullvad Browser. Last time I heard about it, I planned to install it, but I almost forgot about it haha. Anyway, I will check it. You are right about Tor, it is really a pain in the ass, that's why it is not my main browser, but for the sort of things where privacy matters, Tor is still my first choice.

Although the speed tradeoff is real, and most people won't tolerate it for everyday browsing, that's why never use it for everyday browsing. Or if you do, be prepared to say, well, this is a fine mess.

[ZAINmalik75]

How did you know it had a low volume? Is there a way to check it from CCE?
USDS is new to me, but after checking it on Coingecko, I see a lot of volume on this new token, which is DAI rebranded.
They have now decided to rebrand their name to be more similar to USD, as with other stable coins. I hope it retains its decentralized nature.

No, it is not going to retain its decentralized nature with this coin. They have two coins in total, and the second one is not out yet. This one is going to follow the standard AML policies, according to what I have read. But no one is being forced to sell their DAI for this yet. There is time, but I just wish they give us their second stablecoin with the same functionalities as DAI so we can use it in its place.

DAI knows business, and they had to stay in the market too. Overall, it was a bad step, and this is how these authorities are going to take control back. One by one.

[BitMaxz]

No, it is not going to retain its decentralized nature with this coin. They have two coins in total, and the second one is not out yet. This one is going to follow the standard AML policies, according to what I have read. But no one is being forced to sell their DAI for this yet. There is time, but I just wish they give us their second stablecoin with the same functionalities as DAI so we can use it in its place.

DAI knows business, and they had to stay in the market too. Overall, it was a bad step, and this is how these authorities are going to take control back. One by one.

This is how decentralized stablecoins are dying, and if they intend to release another one with the same function as DAI, I hope they do so soon before the deadline.

These AML policies are gaining control; we started with privacy coins, and now the decentralized DAI is dying as a result of the AML policies; as you mentioned, they do this to keep their businesses running. However, there are still many investors and traders who choose DAI because they don't want to be controlled by the government.

[logfiles]

I am not sure the government would even need information about every user on exchanges operating within their jurisdiction. They can always legally request information about any user when they have a reason to, and the exchanges have to comply and provide the said information.

You probably don't know how far Governments can go. Yes to monitor their citizens, the will definitely need information on every user of the platform who is in their jurisdictions. I think I have even seen news about this. Apparently, they want to net those who evade taxes and "launder money"

Obviously, it is just a matter of time before centralized services go out of business. Their flaws are being reviewed daily and soon people will realize that they need to be in charge of their own crypto and there are better options out there, using services such as CCE.Cash exchange is the better way to enjoy instant transactions.

I am sorry to say this, but I think it's the opposite happening. Decentralized exchanges are a dying breed, and you can tell from the lack of liquidity or trading volumes

[SamReomo]

You probably don't know how far Governments can go. Yes to monitor their citizens, the will definitely need information on every user of the platform who is in their jurisdictions. I think I have even seen news about this. Apparently, they want to net those who evade taxes and "launder money"

Yes, that's true governments can go to any extent to monitor their citizens because they mostly want to tax every crypto user for all their earnings and that's the reason why they collect information about every user of a platform that's from their jurisdiction. They mostly do those type of monitoring for tax purposes but surely they also want to know if someone is going to launder money or not. That's why privacy enthusiasts want to avoid such traps and instead of using centralized platforms they choose instant exchanges.

[Pmalek]

Yes, that's true governments can go to any extent to monitor their citizens because they mostly want to tax every crypto user for all their earnings and that's the reason why they collect information about every user of a platform that's from their jurisdiction. They mostly do those type of monitoring for tax purposes but surely they also want to know if someone is going to launder money or not. That's why privacy enthusiasts want to avoid such traps and instead of using centralized platforms they choose instant exchanges.

Using an instant exchange isn't always the solution. It depends on which exchange you use. Many (if not most) instant swap platforms also abide by AML regulations, request KYC, freeze coins, collect & share data on users, and cooperate with governments and law enforcement. The only way to escape that circle is to use a service that doesn't participate in those actions or one that doesn't have the capabilities to do it even if they wanted to.

[examplens]

Yes, that's true governments can go to any extent to monitor their citizens because they mostly want to tax every crypto user for all their earnings and that's the reason why they collect information about every user of a platform that's from their jurisdiction. They mostly do those type of monitoring for tax purposes but surely they also want to know if someone is going to launder money or not. That's why privacy enthusiasts want to avoid such traps and instead of using centralized platforms they choose instant exchanges.

Using an instant exchange isn't always the solution. It depends on which exchange you use. Many (if not most) instant swap platforms also abide by AML regulations, request KYC, freeze coins, collect & share data on users, and cooperate with governments and law enforcement. The only way to escape that circle is to use a service that doesn't participate in those actions or one that doesn't have the capabilities to do it even if they wanted to.

I would also add that all instant exchanges are also centralized platforms. I don't know why many confuse that.

[bitmover]

I would also add that all instant exchanges are also centralized platforms. I don't know why many confuse that.

Some people get confused with decentralized services which also allows instant swaps, such as uniswap, sushiswap, etc... which works based on smartcontracts

[SamReomo]

Using an instant exchange isn't always the solution. It depends on which exchange you use. Many (if not most) instant swap platforms also abide by AML regulations, request KYC, freeze coins, collect & share data on users, and cooperate with governments and law enforcement. The only way to escape that circle is to use a service that doesn't participate in those actions or one that doesn't have the capabilities to do it even if they wanted to.

The instant exchanges are semi centralized platforms because they've liquidity pools and a user sends fund and in return receives funds. They also run on centralized servers but they don't monitor the transactions the same way as centralized exchanges. Instant swaps are not regulated like centralized exchanges and in very rare cases they might freeze coins or want KYC procedure, some of those exchanges never ask for KYC and some allow AML swaps where even coins with high AML can be get exchanged without any investigation. I know one instant exchange offered such exchange. I know there're services that are mostly used by privacy enthusiasts and those services are at another level for for simple swaps it's better to use instant exchanges.

[CryptopreneurBrainboss]

I am sorry to say this, but I think it's the opposite happening. Decentralized exchanges are a dying breed, and you can tell from the lack of liquidity or trading volumes

There was a time when DEX dominated the market and CEX where being sidelined and if we think that can't repeat itself then we aren't true believers of the industry. DEX lost it's trust because of mediocrity projects riding the wave of decentralization but with the uprise of excellent DEX/instant exchange I believe we can win back that trust that the investors once had.

[Faisal2202]

You probably don't know how far Governments can go. Yes to monitor their citizens, the will definitely need information on every user of the platform who is in their jurisdictions. I think I have even seen news about this. Apparently, they want to net those who evade taxes and "launder money"

Yes, that's true governments can go to any extent to monitor their citizens because they mostly want to tax every crypto user for all their earnings and that's the reason why they collect information about every user of a platform that's from their jurisdiction. They mostly do those type of monitoring for tax purposes but surely they also want to know if someone is going to launder money or not. That's why privacy enthusiasts want to avoid such traps and instead of using centralized platforms they choose instant exchanges.

In India and Australia, if you have received a payment in your Binance account, then according to the policies there, you have to tell them everything first by filling out a form. You have to tell them who sent the money, why, and what the source is, etc. They ask these questions before releasing the funds, and they will do it for every single trade. That's what they say on paper. In practice, things could be different.

In India, they found that people were not giving correct data while filing their taxes, so they took the data of every taxpayer from exchanges and compared it with what their citizens had entered. That's how they catch them. It is a pretty basic cross check method, but it works.

Money is power. Authorities are corrupt. They have proxies and middlemen on these exchanges. When you do P2P with them, you don't know if the other person has friends in the authorities. They tell them about you if the amount is big. These days they are not even giving any free hand to small trades. They report you to the authorities, and they will seize your bank account until you visit them. Then they will ask for money as a bribe or threaten you. I won't go into how I know this, but you can say my account was frozen, and I saw things.

Anyway, authorities here are shit. They just want to take your money. You have to find an alternative.

[logfiles]

There was a time when DEX dominated the market and CEX where being sidelined and if we think that can't repeat itself then we aren't true believers of the industry. DEX lost it's trust because of mediocrity projects riding the wave of decentralization but with the uprise of excellent DEX/instant exchange I believe we can win back that trust that the investors once had.

I am a true believer of the industry but to be realistic. The direction with which things are going is in favor of "regulated" centralized exchanges because the Government want to control everything. Anyone who refuse to comply gets sued, fined, seized etc

Also, most of the instant exchanges are not actually decentralized exchanges. The real decentralized exchange breed that is dying for example when we talk of BTC are the likes of bisq and some other few

[BitMaxz]

In India and Australia, if you have received a payment in your Binance account, then according to the policies there, you have to tell them everything first by filling out a form. You have to tell them who sent the money, why, and what the source is, etc. They ask these questions before releasing the funds, and they will do it for every single trade. That's what they say on paper. In practice, things could be different.

It looks similar to our local exchange here in my country, even though Binance in practice is different here in my country. This policy is forced on every user asking about the name of the sender or where they came from. Even if the sender are inside on the same platform, you still forced to fill and complete the details about the sender; according to them, it is part of AML policies and taxes, but I have never experienced this on Binance, even if they told us about these details, or maybe it depends on where you live.

Actually, it is a hassle compared to big exchanges like Binance and OKX. I never experience asking for the sender's name and address. If I don't know the name of the sender and address, I'm sure my funds will likely be stuck forever on this platform.

[SamReomo]

In India and Australia, if you have received a payment in your Binance account, then according to the policies there, you have to tell them everything first by filling out a form. You have to tell them who sent the money, why, and what the source is, etc. They ask these questions before releasing the funds, and they will do it for every single trade. That's what they say on paper. In practice, things could be different.

Not sure about Australia but India isn't a good place for cryptocurrency users because they heavily tax crypto users, that's not fair at all. 30% tax on profits is a huge amount and that's the reason why they want to control exchanges like Binance so they could tax each user that makes something from the crypto market. Centralized exchanges can't lose huge markets like India and that's why they might have to obey all rules and regulations of government.

[Pmalek]

I would also add that all instant exchanges are also centralized platforms. I don't know why many confuse that.

Not all but most of them are. bitmover gave a few examples of the opposite.

People get confused because we have been programmed to divide crypto exchanges into two categories: they are either centralized or decentralized. When people hear Binance, KuCoin, etc., they will never make a mistake in which group those brands belong to. Chances are that they have also had some experience using such platforms. Instant swap platforms work differently. You don't get those traditional accounts you see on CEXs, so people get confused and wrongly believe that they must therefore belong to the decentralized group of exchanges.

[Bitcoin Smith]

~
In India and Australia, if you have received a payment in your Binance account, then according to the policies there, you have to tell them everything first by filling out a form. You have to tell them who sent the money, why, and what the source is, etc. They ask these questions before releasing the funds, and they will do it for every single trade. That's what they say on paper. In practice, things could be different.

In India, they found that people were not giving correct data while filing their taxes, so they took the data of every taxpayer from exchanges and compared it with what their citizens had entered. That's how they catch them. It is a pretty basic cross check method, but it works.

In India the law is not strictly enforced yet, and yeah there is a form to fill out but it can be filled with some random data and can still proceed for the withdrawal but the government is pushing the restrictions on withdrawal of cryptos completely, it is already in practice for the Indian based crypto exchanges and Coinbase recently launcehd their services again in India along with crypto withdrawal feature but they removed the feature just after a week.

[examplens]

Not all but most of them are. bitmover gave a few examples of the opposite.

People get confused because we have been programmed to divide crypto exchanges into two categories: they are either centralized or decentralized. When people hear Binance, KuCoin, etc., they will never make a mistake in which group those brands belong to. Chances are that they have also had some experience using such platforms. Instant swap platforms work differently. You don't get those traditional accounts you see on CEXs, so people get confused and wrongly believe that they must therefore belong to the decentralized group of exchanges.

I think most people associate it with the fact whether registration is mandatory or not, custodial or non-custodial, whether they can use the exchange wallet as a regular wallet (which is completely wrong). For example, no one will give a CCE.Cash deposit address to receive a signature payout. 
For Binance, Kucoin, and the like, I would rather say they are trading platforms

[bitmover]

Not all but most of them are. bitmover gave a few examples of the opposite.

People get confused because we have been programmed to divide crypto exchanges into two categories: they are either centralized or decentralized. When people hear Binance, KuCoin, etc., they will never make a mistake in which group those brands belong to. Chances are that they have also had some experience using such platforms. Instant swap platforms work differently. You don't get those traditional accounts you see on CEXs, so people get confused and wrongly believe that they must therefore belong to the decentralized group of exchanges.

I think most people associate it with the fact whether registration is mandatory or not, custodial or non-custodial, whether they can use the exchange wallet as a regular wallet (which is completely wrong). For example, no one will give a CCE.Cash deposit address to receive a signature payout. 
For Binance, Kucoin, and the like, I would rather say they are trading platforms

Yeah, in the end with have decentralized exchanges which are not instant, such as Bisq (maybe hyperliquid, if you consider it decentralized). These exchanges are similar to traditional exchanges, with depoiti/withdrawls, etc

And also decentralized instant exchanges, like the ones I mentioned earlier (uniswap, jupiter, sushiswap..)

[zasad@]

Not all but most of them are. bitmover gave a few examples of the opposite.

People get confused because we have been programmed to divide crypto exchanges into two categories: they are either centralized or decentralized. When people hear Binance, KuCoin, etc., they will never make a mistake in which group those brands belong to. Chances are that they have also had some experience using such platforms. Instant swap platforms work differently. You don't get those traditional accounts you see on CEXs, so people get confused and wrongly believe that they must therefore belong to the decentralized group of exchanges.

I think most people associate it with the fact whether registration is mandatory or not, custodial or non-custodial, whether they can use the exchange wallet as a regular wallet (which is completely wrong). For example, no one will give a CCE.Cash deposit address to receive a signature payout. 
For Binance, Kucoin, and the like, I would rather say they are trading platforms

Yeah, in the end with have decentralized exchanges which are not instant, such as Bisq (maybe hyperliquid, if you consider it decentralized). These exchanges are similar to traditional exchanges, with depoiti/withdrawls, etc

And also decentralized instant exchanges, like the ones I mentioned earlier (uniswap, jupiter, sushiswap..)

Decentralized exchanges like Uniswap have already introduced KYC capabilities in Uniswap v4.
This is implemented via the "Hooks" mechanism, allowing a developer to create a liquidity pool and attach a "KYC hook" to it. This hook checks whether the user holds a specific KYC-NFT verification token in their wallet - a token obtained after completing the KYC process through a third-party service. I haven't encountered this in practice yet, but it will likely be implemented soon.

[bitmover]

Decentralized exchanges like Uniswap have already introduced KYC capabilities in Uniswap v4.
This is implemented via the "Hooks" mechanism, allowing a developer to create a liquidity pool and attach a "KYC hook" to it. This hook checks whether the user holds a specific KYC-NFT verification token in their wallet - a token obtained after completing the KYC process through a third-party service. I haven't encountered this in practice yet, but it will likely be implemented soon.

This is an important information.  Thanks for sharing.
Do you have more details about it? I use it a lot and always co sidered kyc free. I was going to use it in the future to dump my remaining eth. Not anymore I guess