✅ b1exch.to - Instant Auto Exchange | NO KYC | Escrow 0.2 BTC

[examplens]

I dont know yet if the blockchain explorers already made a tag with the address of the attackers but I guess if they have a list of the blocklisted address is they can prevent to proceed any kind of transaction because there is a chance probably that the exchange will be included in the issue. But for sure if the law enforcement taken an action it's  the very first step to prevent the funds gets migrated into different exchange. This will consider a warning already that transaction from that address is forfeited.

Only blockchain.com labeled the wallet address as "Coldcard hacker". Mempool.space, blockchair, blockstream, blockexplorer, btcscan, bitapps doesnt have labels yet.

You mean having blocklisted address of explorers can prevent or block the transaction? That's technically not possible if its already made and done, only the sender (address owner) can do anything about it before it got confirmed.

labels on blockchain explorers don't mean much, they are only informative during the most basic review. More important are the labels of forensic services, Elliptic, Chainalysis, and the like.

It's pretty obvious that while it's not a small amount of the Coldcard hack, it's nowhere near as high-profile a drama as what happened when Bybit happened.
In a way, it's good that the funds went through mixers and Tornado, so smaller no-key services stayed under the radar.

[inspace]

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[Yamane_Keto]

Solana transactions are processed with some delay. I made two transactions, and the swap was completed about two hours after receiving the necessary confirmations.

[SamReomo]

Solana transactions are processed with some delay. I made two transactions, and the swap was completed about two hours after receiving the necessary confirmations.

Solana network faced a big issue on 12th August that might be the reason but right now it's okay so there might be another reason. However, since you've received your coins and transaction was completed then that means there might be so many orders for Solana that might be causing the delay.

[Cointikka]

This is the first time I am going to try this exchange   I have used cce three times, and it went smoothly. I am using this exchange because of the immense marketing these guys have been doing, and also to see how good this exchange is compared to CCE. After I complete the transaction, I will post a small review here.

Edit: Cancelled the payment as I do not know Electrum; after scanning the QR code says, "NOT ENOUGH FUNDS". That is why I shifted to CCE, and my funds will be confirmed sometime.

Moral of my issue: They charge more because they might be adding the transaction fee, but it is hassle-free. If you guys can update your system, it will benefit your business.

[hosemary]

Edit: Cancelled the payment as I do not know Electrum; after scanning the QR code says, "NOT ENOUGH FUNDS". That is why I shifted to CCE, and my funds will be confirmed sometime.

I am not sure I understand you correctly. Are you saying you got an error from Electrum saying "Not enough funds" when you were trying to make a deposit to b1exch?
If so, what's the problem with b1exch now?

[PX-Z]

Edit: Cancelled the payment as I do not know Electrum; after scanning the QR code says, "NOT ENOUGH FUNDS". That is why I shifted to CCE, and my funds will be confirmed sometime.

Moral of my issue: They charge more because they might be adding the transaction fee, but it is hassle-free. If you guys can update your system, it will benefit your business.

So you just stop the transaction because of the error "Not Enough Fund"? When in the very first place, you are free to input/edit the amount on b1exch based on your wallet's balance before proceeding. The amount showing on the qr code is the same amount you entered on b1exch plus the service fee and processing fee which is very clear on the screen before you Confirm Exchange. Thus the "moral of your issue" doesn't really make sense.

[TryNinja]

This is the first time I am going to try this exchange   I have used cce three times, and it went smoothly. I am using this exchange because of the immense marketing these guys have been doing, and also to see how good this exchange is compared to CCE. After I complete the transaction, I will post a small review here.

Edit: Cancelled the payment as I do not know Electrum; after scanning the QR code says, "NOT ENOUGH FUNDS". That is why I shifted to CCE, and my funds will be confirmed sometime.

Moral of my issue: They charge more because they might be adding the transaction fee, but it is hassle-free. If you guys can update your system, it will benefit your business.

Wut? Your post makes no sense.

Both CCE and b1exch give you a single bitcoin address. You take this address and send your BTC there. It's that simple.

NOT ENOUGH FUNDS = you're trying to send more than you have on Electrum. What does this have to do with CCE or b1exch?

There is no "updating the system", no "adding the transaction fee". You probably got confused somewhere along the way.

[hosemary]

The amount showing on the qr code is the same amount you entered on b1exch plus the service fee and processing fee which is very clear on the screen before you Confirm Exchange.

It's not. The amount you need to deposit is exactly the same as the amount you enter in the "You send" field, and all fees are deducted from the receiving amount.
And what do you mean by "the amount showing on the QR code"? The QR code only contains the deposit address.

[examplens]

This is the first time I am going to try this exchange   I have used cce three times, and it went smoothly. I am using this exchange because of the immense marketing these guys have been doing, and also to see how good this exchange is compared to CCE. After I complete the transaction, I will post a small review here.

Edit: Cancelled the payment as I do not know Electrum; after scanning the QR code says, "NOT ENOUGH FUNDS". That is why I shifted to CCE, and my funds will be confirmed sometime.

Moral of my issue: They charge more because they might be adding the transaction fee, but it is hassle-free. If you guys can update your system, it will benefit your business.

Wut? Your post makes no sense.

Both CCE and b1exch give you a single bitcoin address. You take this address and send your BTC there. It's that simple.

NOT ENOUGH FUNDS = you're trying to send more than you have on Electrum. What does this have to do with CCE or b1exch?

There is no "updating the system", no "adding the transaction fee". You probably got confused somewhere along the way.

It seems to me that he generated an order for the exact amount he has in his electrum wallet, and now when he needs to send funds to the exchange, he doesn't have enough to cover the transaction fee.
A common "mistake" is when someone tries to drain the wallet and exchange the maximum amount.

[PX-Z]

The amount showing on the qr code is the same amount you entered on b1exch plus the service fee and processing fee which is very clear on the screen before you Confirm Exchange.

It's not. The amount you need to deposit is exactly the same as the amount you enter in the "You send" field, and all fees are deducted from the receiving amount.
And what do you mean by "the amount showing on the QR code"? The QR code only contains the deposit address.

Yeah, i checked it again, and it seems both of these are correct. I stand corrected.

My last transaction was already weeks ago, so i completely forgot about how fees work lol. Usually, the QR code displays both the deposit amount and the deposit address, but this time it only contains the deposit address.

[joker_josue]

The amount showing on the qr code is the same amount you entered on b1exch plus the service fee and processing fee which is very clear on the screen before you Confirm Exchange.

It's not. The amount you need to deposit is exactly the same as the amount you enter in the "You send" field, and all fees are deducted from the receiving amount.
And what do you mean by "the amount showing on the QR code"? The QR code only contains the deposit address.

Yeah, i checked it again, and it seems both of these are correct. I stand corrected.

My last transaction was already weeks ago, so i completely forgot about how fees work lol. Usually, the QR code displays both the deposit amount and the deposit address, but this time it only contains the deposit address.

You don't even need to deposit exactly the same amount you say you're going to send. You can deposit more or less; the system automatically adjusts. You just need to make sure you send more than the minimum required for each transaction.

Furthermore, the platform does not hide the fees it will charge.

[SamReomo]

You don't even need to deposit exactly the same amount you say you're going to send. You can deposit more or less; the system automatically adjusts. You just need to make sure you send more than the minimum required for each transaction.

Furthermore, the platform does not hide the fees it will charge.

It's always better to send a little bit more than the required deposit to not face any issue. When I used the platform I sent a little more than the needed deposit amount and I used the exchange multiple times but never faced any issue. So it's always better to set order value a little higher than minimum deposit and then send a little extra to get your swap completed without any issues or delays. The system adjusts it and the user won't face any issue.

[PrivacyG]

It's always better to send a little bit more than the required deposit to not face any issue.

What kind of issues can you run in to by depositing exactly as much as the minimum required?  The exact shown amount is there for a reason, sending more is not 'better'.  It is the same thing, you are only modifying your order.

[examplens]

It's always better to send a little bit more than the required deposit to not face any issue.

What kind of issues can you run in to by depositing exactly as much as the minimum required?  The exact shown amount is there for a reason, sending more is not 'better'.  It is the same thing, you are only modifying your order.

In theory, things could get a little more complicated if you insist on the exact minimum. For example, during the process, the price of the currency you exchange may change, so the minimum is increased (if it is related to a fixed USD amount).
Also, someone can send the exact minimum, where the network fee is reduced from the sent amount, which changes things in the end. Although these are very small differences, I believe that every exchanger takes into account these small changes and has such tolerance.

[SamReomo]

What kind of issues can you run in to by depositing exactly as much as the minimum required?  The exact shown amount is there for a reason, sending more is not 'better'.  It is the same thing, you are only modifying your order.

The minimum deposit is set by the exchange for a reason and it's better to send a little bit higher than the minimum as that won't impact one in anyway. A little is better because the crypto currencies are mostly volatile in nature as they can lose value in short time, I know an exchange has to adjust for such things but again there's nothing wrong by sending a little higher to get smooth transaction.

[notocactus]

The minimum deposit is set by the exchange for a reason and it's better to send a little bit higher than the minimum as that won't impact one in anyway. A little is better because the crypto currencies are mostly volatile in nature as they can lose value in short time, I know an exchange has to adjust for such things but again there's nothing wrong by sending a little higher to get smooth transaction.

Before using any platform, there are two important things to check for deposits and withdrawals and let's pay attention on Minimum Deposit and Minimum Withdrawal. The minimum withdrawal is bigger than the minimum deposit on any platform, as far as I know.

If the purpose is testing a platform, funding an account with minimum deposit makes sense because you assume that if things are bad, you will be afford to lose that fund. If things are good from your test, you can fund your account more, and certainly will need to have your fund equals to the minimum withdrawal number at least for your withdrawal request in the future.

[Yamane_Keto]

The minimum deposit is set by the exchange for a reason

Exchanges can accept any deposit, but they impose a minimum because smaller deposits are not economically profitable for them. A deposit below the minimum will prevent the system from detecting your transaction, and you will then need the support team to process it manually.

[Findingnemo]

A small suggestion, 1% service fee is fine and when we compare it with the other swap exchanges it is on the lower level but they could concentrate on the network fee because what I nocied in the conversion is they are paying more in the fee like 300% more than what is required to include the TX into the next block which can be avoided and make the swaps even more economical.

Just a suggestion though.

[SamReomo]

Before using any platform, there are two important things to check for deposits and withdrawals and let's pay attention on Minimum Deposit and Minimum Withdrawal. The minimum withdrawal is bigger than the minimum deposit on any platform, as far as I know.

On instant/automatic exchanges the minimum deposit is more important than the minimum withdrawal because on such exchanges a user doesn't deposit funds to a wallet where he/she might be able to withdraw later but the minimum deposit is to execute the transaction without any issues.

Just as Yamane_Keto said, if someone deposits less than the minimum deposit than the automatic system of the exchange might not be able to detect such transaction and a user might need to contact the support team to get a refund.

I think the exchange should not allow less than minimum deposit on code level so users won't be able to start a transaction that's less than the minimum deposit. I don't know if the exchange currently have such mechanisms but I believe there should be such mechanism to prevent users who mistakenly send smaller amount than the minimum deposit.