[ANN] Bridgoro Exchange - Participate in Beta Test and Earn up to 350 USDT

[Bridgoro]

🚀 [ANN] Bridgoro Exchange - Participate in Beta Test and Earn up to $350 in BTC

We are excited to announce the launch of our Beta Test for a new semi-decentralized P2P exchange platform designed to provide secure, anonymous swaps without KYC or AML restrictions.  

This is your chance not only to be among the first testers but also to earn rewards for your activity and feedback.  


🔹 Project Overview  
Bridgoro project is being developed by a small, independent team of blockchain enthusiasts.  
Our mission is simple: create a reliable, censorship-resistant exchange that preserves the core values of crypto - privacy, autonomy, and trust through technology.  
Release date: Septermber, 2025 (Subject to adjustments based on Beta Test bug reports and their corresponding fixes.)


🔹 Supported Crypto  
At launch, the exchange will support BTC, ETH, SOL, TRX, and XMR.
Additional assets, including stablecoins and other major cryptocurrencies, will be integrated in the near future.


🔹 Why No KYC and AML  
We believe in financial privacy as a fundamental right.  
Traditional KYC/AML processes expose users to surveillance, risk of data leaks, and unfair account freezes.  
Our exchange removes these barriers - you remain anonymous, and your transactions remain yours.  


🔹 Why Semi-Decentralized  
We call our system semi-decentralized because it combines the best of both worlds:  

• Decentralized: transactions are secured through an automated escrow mechanism using blockchain adapters and smart contracts.
• Centralized: the platform provides a smooth user interface, matchmaking, and exchange rate modules.

This balance ensures both security and usability.


🔹 Escrow, Buffer Wallets & Security  
The core of the system is built on blockchain adapters and smart contracts, which manage all escrow operations automatically.  

• Funds are only ever stored in temporary buffer wallets during the exchange process.
• Even the development team has no access to the buffer wallets during the exchange.
• In rare cases of technical issues, the Collector Module can safely retrieve stuck transactions within 7 days, but never interfere with valid swaps.

🔹 Exchange Features  

• Minimum exchange amount: ~$30 (USD equivalent)
• No KYC / AML
• No transaction freezes
• Automated escrow system for secure and fair swaps
• Transparent rates with USD as the base currency
• Gamified trading system with reward tokens (BRGX)

🔗 Project Links

🌐 Website: https://bridgoro.com  
📖 Documentation (GitBook): https://bridgoro.gitbook.io/bridgoro-docs  
📖 BETA TEST Guide (GitBook): https://bridgoro.gitbook.io/bridgoro-docs/bridgoro-beta-test  
💬 Telegram (Community Channel): https://t.me/bridgoro  
📢 Telegram (Support): https://t.me/bridgoro_support  


💰 Rewards for Beta Testers  
- Total reward pool: $1,300  
- Top 10 most active testers will share the pool  
- One participant can earn up to $350 in BTC or XMR  
- Rewards distributed in BTC or XMR on participant's choice after the test  
- For transparency, all payouts will be published in this thread  


🔹 Service Fee Policy  
After the official launch, the platform will operate completely fee-free for approximately six months.  
👉 Only standard blockchain network fees will apply during this period.  


🔹 Gamification & BRGX Internal Tokens  
In addition to trading, users can also earn by completing tasks through our gamification system:  

• Complete tasks → earn BRGX internal tokens
• BRGX can be withdrawn into USDT at any time
• Additional incentives for active traders

🔹 Important Beta Test Disclaimer  
- Internal BRGX tokens during Beta have no real-world value and cannot be withdrawn.  
- After the Beta ends, all accounts, balances, and histories will be reset.  
- The Beta is exclusive to Bitcointalk forum members.  

⚡Join Beta Test on Bounty Thread⚡

 

IMPORTANT UPDATE:
ANN post was updated due to the rules of the Bitcointalk Forum. Details of the Beta Reward program were published on the Bounty thread.

[porterbridges]

One of the devs here.

We would like to hear your thoughts on the idea of a semi-decentralized exchange that operates without mandatory KYC or AML requirements. The goal is to provide users with an alternative platform where privacy and autonomy are prioritized, while still ensuring secure and fair transactions through escrow mechanisms and automated processes. 

Such an approach aims to avoid the risks of centralized custody and unnecessary identity checks, which often result in delays, frozen funds, or unwanted exposure of personal data. Instead, the focus is on building a trustless environment where users can trade directly and maintain full control over their assets. 

What do you think about this concept?

Do you see a strong demand for a solution like this in the current market, and what challenges or advantages do you believe it could bring to the crypto community?

[LoyceV]

We would like to hear your thoughts on the idea of a semi-decentralized exchange that operates without mandatory KYC or AML requirements.
~
What do you think about this concept?

I'm an experienced Bitcoin user, but never touched any "decentralized" exchange. It's often not really decentralized (so it's refreshing that you at least refer to it as "semi-decentralized"), requires downloading and running software, and requires (wrapped) "tokens" and "smart contracts" on chains and networks I (and most people) don't understand and can't verify by myself.
So, before I decide if I'll join this test: let's say I have some Bitcoin testnet coins (which I do) and want to exchange them for Monero testnet coins. How much effort do I need to put in to do that?

[Bridgoro]

Thanks for the thoughtful question.
We are quite glad that the first reply came from a Legendary member.

I'm an experienced Bitcoin user, but never touched any "decentralized" exchange. It's often not really decentralized (so it's refreshing that you at least refer to it as "semi-decentralized", requires downloading and running software, and requires (wrapped) "tokens" and "smart contracts" on chains and networks I (and most people) don't understand and can't verify by myself.

You are right to point out that many so-called "decentralized exchanges" aren’t really decentralized in practice. That’s why we openly describe our project as semi-decentralized, and I’ll clarify what that means here.
The exchange is built on blockchain adapters and smart contracts that handle escrow logic in an automated way. Funds are locked in buffer wallets by the protocol itself, not by the development team. Even though we don’t have direct access to those wallets, the only way intervention can happen is via a collector module that helps recover stuck funds but only within 7 days for security reasons. You can read more about Buffer Wallets and Collector module on our GitBook page.
The "semi" part comes from the fact that, unlike a pure DEX, there’s still a registration layer (account creation), and the routing of swaps goes through buffer wallets instead of direct atomic swaps. This design makes it more user-friendly but still keeps custody away from us.

So, before I decide if I'll join this test: let's say I have some Bitcoin testnet coins (which I do (https://bitcointalk.org/index.php?topic=5499150.msg65388830#msg65388830)) and want to exchange them for Monero testnet coins. How much effort do I need to put in to do that?

You don’t need to run any custom software or compile code. Everything is browser-based.
You simply create an account on https://bridgoro.com  and log in. Currently, all exchange operations are based on testnet networks only.
Don't forget to install Monero GUI and run it in testnet mode. The Guideline about using testnet networks on BTC, ETH, SOL, TRX, and XMR can be found on our detailed guideline.

Also, let us point out on No-KYC and No AML parts:
Because it’s a peer-to-peer design where users trade directly, there’s no reason to collect identity data. It’s one of the core principles: no KYC, no AML, no transaction freezes. Users remain anonymous, just as they would when sending coins directly on chain.

FYI: As we mentioned in the ANN, part Beta Test period launches tomorrow, so the exchange testnet offers with different pairs from the team will be available tomorrow, but we have already created a BTC -> XMR exchange offer for you. And you can create exchange offers as well to check how other users will accept it.

[hugeblack]

So how will you plan to raise liquidity? I don't know, but from an investor's point of view, it is not smart to lock an amount as liquidity and get BRGX^* as a bonus. So, as a first step, you need to provide liquidity and consider the platform "centralized."

How can we ensure cross-chain secure escrow? That is, how can we ensure that the escrow address is a 2-of-3 multi-escrow address?
What is the logic in supporting Tron (TRX) and not DAI or USDT TRC20?

Edit:

*

BRGX has no value outside the Bridgoro exchange
It is not a cryptocurrency, fiat currency, or financial asset

[Bridgoro]

So how will you plan to raise liquidity? I don't know, but from an investor's point of view, it is not smart to lock an amount as liquidity and get BRGX^* as a bonus. So, as a first step, you need to provide liquidity and consider the platform "centralized."

How can we ensure cross-chain secure escrow? That is, how can we ensure that the escrow address is a 2-of-3 multi-escrow address?
What is the logic in supporting Tron (TRX) and not DAI or USDT TRC20?

Thank you for the thoughtful questions.
Let me address them point by point:

1. Liquidity Approach
At the current Beta Test stage, the platform operates on testnet coins only.
For the mainnet launch, liquidity won't be provided in the same way as automated AMM-based platforms (like Uniswap). Instead, our model is P2P escrow-driven, and liquidity comes from the users themselves placing offers. However, to support initial activity, the team will also place exchange offers with liquidity of up to $15k between different exchange pairs. Once these offers are accepted and completed, they will be replenished to maintain continuous exchange availability and meet demand.

2. Internal token (BRGX)
The role of BRGX won't be to artificially incentivize liquidity pools, but rather to reward active participants (testers, traders, task completers) through a transparent gamified mechanism. This avoids the need for locked liquidity in the traditional sense and keeps the platform closer to its semi-decentralized intent.
Simply: BRGX is for motivational purposes only.

3. Secure Cross-Chain Escrow
Escrow security is handled through our blockchain adapters + smart contracts and automated collector module. While it's not structured as a literal 2-of-3 multisig (since different chains implement escrow logic differently), the design ensures:
- Funds are locked in buffer wallets that can't be accessed by the team.
- Each time the escrow mechanism creates a new address for each party.
- The smart contract/adapters enforce automated release only once both sides confirm their part.
- In the rare case of stuck transactions, only the collector module can retrieve funds, and this process is transparent and verifiable.
This way, users don't rely on trust in a centralized operator, but also don't need to handle complex 2-of-3 multisigs across incompatible chains.

4. Why TRX Instead of DAI or USDT (TRC20)
The launch lineup (BTC, ETH, SOL, TRX, XMR) was chosen to balance technical integration speed and broad user demand, while stablecoins will naturally follow once the core framework is proven stable.
Stablecoins like USDT (TRC20) are already on our roadmap, and we plan to add them shortly after the initial rollout.

5. Consider the platform centralized
The platform isn't fully centralized. We already published above why we call it semi-decentralized.
To be clear: all exchange operations are handled through automated escrow buffer wallets controlled by blockchain adapters and smart contracts. This means the team doesn't have direct access to user funds. In other words, we can't freeze or confiscate them. The only time our collector module intervenes is in the rare case of stuck transactions, and even then, the process is transparent and verifiable.
At the same time, we aren't calling it fully decentralized because users still need to register an account, and the initial liquidity seeding comes from offers placed by the team. That's why the most accurate description is semi-decentralized because of combining automated, trust-minimized escrow with a light registration layer for usability and security.

Additionally, we would like to highlight for you a few points in advance:
- DAI and other cryptocurrencies will be integrated shortly after the launch.
- Detailed information about the Escrow Buffer Wallet mechanism is already available on our GitBook page, and we plan to publish the full Whitepaper this week, providing an in-depth explanation of each component.
- The Beta Test has been launched in a testnet environment specifically to allow users to test the exchange while the Whitepaper is being finalized, ensuring both practical experience and full transparency.

Feel free to ask any other questions.

[dkbit98]

If transactions are decentralized like you say, than are wallets used by customers with their own keys, or they are centralized and part of Bridgoro exchange?

I wanted to check this for myself so I created account at your exchange, but there is some bug that constantly refreshes page, so I can't open anything, including menu.