Ⓜ️ MoBit.Exchange - Anonymous Exchange 💠 Escrow 0.25 BTC 💠

[hugeblack]

Maybe specific pairs are the ones affected?

I don't think so. I've used MoBit about 8 times, and the order got stuck twice. Once, I contacted the support team via PM and received a response within 48 hours. The other time, I just waited and the problem was resolved.

I think it's either a problem with the node detection/Sync for deposits, or it's related to liquidity or a bug.

If everyone had similar cases, the ratio would be 1:4 or slightly less.

[FP91G]

I've used several services, but MoBit.Exchange is the only one that consistently receives this many stuck orders. The problem started the first day I used the platform in April and continues to this day,  I hope this issue can be resolved so that these orders decrease.

I carried out a swap of BTC for ETH earlier on, and the order went through. Initially, the confirmations did not instantly reflect on the deposit status page like the other services I used before, but when they did, the swap was processed, and my Ether arrived promptly. Maybe specific pairs are the ones affected?

In my case, when exchanging BTC for other coins, the transaction confirmation didn't appear immediately, but after about 1-2 minutes. However, this was definitely before the first transaction confirmation in the Bitcoin blockchain.
If you choose the right commission for Bitcoin, the exchange is fairly fast; the longest part is waiting for the Bitcoin transaction.

[zasad@]

Made an exchange of BTC for ETH. Making an exchange is very easy and the exchange rates are good.

[SamReomo]

If I am not wrong then not a single instant, or no KYC exchange, has this feature where users can request to delete their data after making a deal. I might be wrong, so if you have any exchange in mind that can actually do this then please mention. But so far I don't think there is any.

I think hosemary mentioned the exchange B1exch that allow manual deleting of data before 15 days. Most exchanges keep the data for some days so users and the exchange may not face any issues. I think it makes no sense to delete such data because if they've set a system where the data gets deleted automatically after 15 days then it's better to let that automatic system work on itself instead of deleting the data before that. One should also keep in mind that B1exch's manual deletion of data is permanent and not reversible according to their FAQs.

[examplens]

If I am not wrong then not a single instant, or no KYC exchange, has this feature where users can request to delete their data after making a deal. I might be wrong, so if you have any exchange in mind that can actually do this then please mention. But so far I don't think there is any.

I think hosemary mentioned the exchange B1exch that allow manual deleting of data before 15 days. Most exchanges keep the data for some days so users and the exchange may not face any issues. I think it makes no sense to delete such data because if they've set a system where the data gets deleted automatically after 15 days then it's better to let that automatic system work on itself instead of deleting the data before that. One should also keep in mind that B1exch's manual deletion of data is permanent and not reversible according to their FAQs.

There are exchanges that have the option of requesting the deletion of data after the order has been executed. And mostly, it is desirable that they be deleted as soon as possible.
Later, we are surprised when a service is seized, and it is announced that several terabytes of data were also found.
If someone wants this kind of data to be stored for a long time, then do not choose a no-kyc service or a service that is in some way privacy.

A few days ago I tested an exchange and after an hour the information about my order was not available.

[Faisal2202]

b1eXch has that feature.
In b1eXch, the exchange data is automatically deleted after 15 days, and users are allowed to delete the data earlier if they want to.

That's a cool feature. Thanks for sharing this information.

I think hosemary mentioned the exchange B1exch that allow manual deleting of data before 15 days. Most exchanges keep the data for some days so users and the exchange may not face any issues. I think it makes no sense to delete such data because if they've set a system where the data gets deleted automatically after 15 days then it's better to let that automatic system work on itself instead of deleting the data before that. One should also keep in mind that B1exch's manual deletion of data is permanent and not reversible according to their FAQs.

You are right, I just read the whole thing, their terms, and their FAQs. You are right, the data is not reversible but that's not a flaw, but a feature. It is subjective to everyone, also we can verify the deal with PGP, nothing to worry about. Even here you can verify it after 15 days, if anything happens based on Mobit's terms.

[safar1980]

If you exchange cryptocurrency for Monero, you don't have to worry about your data being accessed by others. Monero has excellent blockchain-level privacy.

[MoBitExchange]

Ⓜ️ MoBit.Exchange 💠 SWAP RAFFLE 💠 $50 in BTC

🎉 We’re announcing a new raffle! Dear friends, it’s time to join in — the new raffle is now live! 🔥

There’s a $50 prize up for grabs, a fair draw and a great chance to get to know us better. The winner will be chosen at random using BitList.

See you there! We wish you all the best of luck and thank you for taking part! 🍀

• Rules/Prizes:

➥ The winner will receive a prize of $50 in BTC 🎁
➥ Publish proof - for every $100 exchanged, you receive 1 slot (maximum 7 slots). ' 1️⃣ Flat: 1.5% ' 2️⃣ Dynamic: 1%.
➥ Up to 12 slots if you added a link to your KYCNOT review to the proof (current order ID).
➥ After selecting a block, we will use the BitList tool to determine the winner.
➥ You have a 28% chance of winning when spending $7 = 7 Slots (fees 1%). 💸

[Faisal2202]

There are exchanges that have the option of requesting the deletion of data after the order has been executed. And mostly, it is desirable that they be deleted as soon as possible.
Later, we are surprised when a service is seized, and it is announced that several terabytes of data were also found.
If someone wants this kind of data to be stored for a long time, then do not choose a no-kyc service or a service that is in some way privacy.

The recent case is of ShipMonk. Trezor was using it for shipments, and the last breach reported data of 13,689 people. Everyone praised Trezor and ShipMonk because there was an agreement between them to delete data after 90 days, but now things have changed completely. The same breach has now been reported, and more than 80k people have been affected by this breach, and the data that ShipMonk was never supposed to keep was stored anyway by violating the rules and is now in the hands of hackers.

It is not an exchange, but still, it is relatable. We can't trust any platform these days, that's for sure. Therefore, we have to cover our tracks if it's that important to you. As safar1980 above said, XMR can be a better choice for you.

[FP91G]

Sent 700 USDT, received 693 USDC and a few cents. Commission less than 1%. Paid an additional 5 cents for the transaction.

[r_victory]

➥ You have a 28% chance of winning when spending $7 = 7 Slots (fees 1%). 💸

I think there's a mistake. If one slot is earned for every US$100 exchanged, wouldn't the correct value be US$700 = 7 slots?

[hosemary]

I think there's a mistake. If one slot is earned for every US$100 exchanged, wouldn't the correct value be US$700 = 7 slots?

You didn't understand it correctly. That's right.
If you make a $700 exchange, you spend $7 on service fee, and you don't lose all your $700.

Note that this assumes you go with the dynamic rate, where the service fee is 1%. If you go with flat rate, you will pay 1.5% as service fee.

[TryNinja]

➥ You have a 28% chance of winning when spending $7 = 7 Slots (fees 1%). 💸

I think there's a mistake. If one slot is earned for every US$100 exchanged, wouldn't the correct value be US$700 = 7 slots?

You pay $7 in fees ($700 * 1%) and receive 7 slots (because you swapped $700, at 1 slot per $100). That's $7 for a 28% chance to win the raffle for $50.