♻️ DEX.fo — Auto Crypto Exchange 💚 NO KYC/AML 💚 Escrow 1 BTC

[MarryWithBTC]

Great one LoyceV.
Getting to a status where you state your intendent opinion without fear is an absolute freedom.

I really observed this, but was actually reluctant to say. If it is fully functional, everything should work. If the status can be tracked in percentage, 90% functional should be the score.

I don't think this accurately reflects the System Status when not all functionality is available:

Suggestion: I'd like to be able to edit the amount in the "YOU RECEIVE" field: I type how much of a certain coin I need, and the site should tell me how much to send. But that only works if I get the exact amount I entered.

I was wowed by this suggestion. I don't think any service has done it this way before. If implemented will be great, but the extra efforts explaining to users that the "YOU RECEIVE" field is actually editable could be the problem.

We'll look at posting a screenshot or additional confirmation format that Bitcointalk users can independently review without needing exploit.in access. Something visible from here, not just a link to a place most of the thread can't reach.

Posting a screenshot isn't enough if a future victim has to pay $200 to register in order to be able to contact the escrow holders.

TL;DR: you made it to the end

I agree with you on this, and that has been my unsaid opinion. Someone visiting the exploit forum to claim escrow will consider the $200 lost because after receiving the escrow, they might have no need continuing to use the forum.

Also, someone might be trying to reclaim $150, then spending $200 to get $150 is ridiculous

It was a nice read.

[joniboini]

I think I mentioned this on the DEX thread on my local board, but not having the fast option for a few days/weeks now seems a bit much. Is there an ETA on when the option will be available? Or is there other urgent matters that needs to be solved first? I'd expect this to be sorted out first before adding more localizations (one could argue it's easier to implement, but anyway).

[SamReomo]

There are some other exchanges with lower fees and lower minimum exchange amounts, but why would person X prefer this over them? Obviously, there must be some benefit, right? No KYC and no AML mean something here. If you advertise No AML and someone makes a transaction without checking their AML score, then the platform freezes their funds, saying they had a high AML score while claiming to be No AML, is that a good deal?

Yes, there're many such exchanges that offer lower minimum amount and they've lower fees but there're only a few platforms that allow coins with AML to get swapped without any kind of verification and if we consider DEX.Fo then in that category it's on top and that matters a lot. The platforms that allow swaps with high AML score are rare and those who give high priority to privacy will always go for such platforms and they don't really care about high fees because for them privacy matters more than anything else.

[hosemary]

Every time I change the coin under "YOU SEND" to something else, the "YOU RECEIVE" reverts back to "BTC" (unless I select ETH, then it changes to BTC).

Unless I misunderstood you, "BTC" and "ETH" are reversed in the sentence you wrote inside the parentheses. I think you meant "unless I select BTC, then it changes to ETH", because in your first sentence, you already said that if the "You send" is changed to any coin other than BTC, the "You receive" changes to "BTC".

[LoyceV]

edit the amount in the "YOU RECEIVE" field: I type how much of a certain coin I need, and the site should tell me how much to send.

I was wowed by this suggestion. I don't think any service has done it this way before.

It's how every ATM in every country works: you enter the amount you want in the local currency, then see how much it costs you.

explaining to users that the "YOU RECEIVE" field is actually editable could be the problem.

If someone wants to use this feature, they'll just try. It's not that hard to explain.

Someone visiting the exploit forum to claim escrow will consider the $200 lost because after receiving the escrow

If you don't know the site, it feels a lot like a recovery scam.

Unless I misunderstood you, "BTC" and "ETH" are reversed in the sentence you wrote inside the parentheses.

Thanks, I fixed it.

[DEX.fo_off]

@Ultegra134

Thanks — and yes, multi-language support was overdue. Not every service treats language as a UX feature, but it absolutely is one. If a user has to translate the interface in their head before every action, they're going to make more mistakes and trust the service less. Native language coverage removes that friction entirely.

Also glad the refund change lands well for newer users specifically. That was the main driver — reducing the "grayed-out button with no explanation" barrier for anyone using a swap for the first time.


@bettercrypto

Good context on the practical reality — even users comfortable with English often prefer their native language when handling money. Cognitive load is real, and adding "translate everything in my head" on top of a financial transaction is friction that doesn't need to exist. The 6 languages we launched cover a large share of active users; more can follow if demand justifies it.


@wxa7115

Really important point and worth spelling out clearly for anyone reading this thread:

If you deposit from a wallet that can send but cannot receive incoming transfers (some custodial exchange addresses work this way), and you leave the refund field empty, and something goes wrong with the swap — the funds can indeed be difficult or impossible to return.

The fallback sends coins back to the sender address. If that sender address is a "send-only" custodial address, the recovery path breaks.

For users on self-custody wallets: sender-address fallback works cleanly. No refund address needed.

For users depositing from custodial exchange withdrawal addresses: providing a refund address is still strongly recommended — just as a safety net for the edge case where something needs to be returned.

We'll add clearer wording on this in the UI itself so users hitting the field understand when leaving it empty is safe versus when it isn't. Thanks for holding us to the honest version — "it's optional" is only accurate when paired with "here's when you should still fill it in."


@Peanutswar

Thanks for wrapping up the previous contest and launching another one. 🎯 Consistent raffles are one of the reasons this thread stays engaged. Good luck to everyone predicting for August 5.


@AnybodyElse

Thanks — the refund field was a genuine friction point that trapped new users specifically. Most experienced users never noticed it as a problem because they filled the field instinctively. But onboarding barriers hit hardest exactly the people you're trying to reach for the first time.

On language — noted that your native language isn't yet covered. If more users from the same region ask, it moves up the queue. That's how German, Spanish, French, Polish, and Chinese got prioritized.


@Ultegra134

Good suggestion on placement and framing. Positioning the refund field as clearly optional-but-useful (rather than either hidden or prominent) is the right visual balance — signal that it exists, signal that it's not required, signal that it's still there if you want the safety net. Adding to the UI batch.


DEX.fo — No KYC. No AML. No registration

[Ultegra134]

I'm sorry but why am I getting tagged for suggestions/phrases I haven't even mentioned in the topic by the OP9? I haven't suggested anything about multi language support nor about placing and framing of the exchange. Is the OP confusing my name with someone else's? I was originally worried that someone was using my account and writing posts for me, lol.

[bitmover]

The Letter of Guarantee is signed using PGP. I've always preferred a Bitcoin signed message, that's much easier to verify: any half decent can wallet do it without downloading additional software. So I suggest to create and offer both "types" of LoG.

@TryNinja
Huge thanks for adding our PGP key to BitList! 🙏 This is exactly what PGP is for — independent verification through a trusted third-party service. Now any user can verify the authenticity of our messages and orders directly through bitlist.co.

Trusting a third party with your transaction details is terrible for privacy. If that's what needed to easily check a PGP signed message, that should be a very strong argument to just use a Bitcoin signed message.

Actually, verifying a PGP message should be as easy as verify a bitcoin signed message. PGP was designed specially for that verification....

Although I agree that in this cryptocurrency ecosystem  it is much easier to verify a bitcoin signed message. This is why a tool like Bitlist to verify PGP signatures in the browser is handy and needed for much users.

However, in any Linux distro, you can verify a letter of verification using 3 simple commands in the CLI.

Download the dex key and letter_guarantee.asc and save in the Downloads folder.

Then just run

Code:

sudo apt install gnupg
gpg --import Downloads/dex_pubkey.asc 
gpg --verify Downloads/letter_guarantee.asc

[Hamza2424]

Yes, there're many such exchanges that offer lower minimum amount and they've lower fees but there're only a few platforms that allow coins with AML to get swapped without any kind of verification and if we consider DEX.Fo then in that category it's on top and that matters a lot. The platforms that allow swaps with high AML score are rare and those who give high priority to privacy will always go for such platforms and they don't really care about high fees because for them privacy matters more than anything else.

More than privacy, I think your word matters the most. If you say you are going to refund funds when the AML score is high, then you should not hold back, even if the authorities are pressuring you. I am not pointing fingers at anyone, just highlighting that keeping your word matters the most. But still, exchanging coins with a very high AML score means taking on more problems. It is good to accept growth instead of fearing it, but this can become a problem for the platform in the future.

Therefore, they have to set some rules for specific funds coming in. Otherwise, there will be authorities knocking on their doors haha.

[TokenTikas]

those who give high priority to privacy will always go for such platforms and they don't really care about high fees because for them privacy matters more than anything else.

This system is playing an important role for those who want to keep themselves safe and users are using it with confidence, keeping their identity and privacy safe. On the one hand, they are keeping themselves secret and on the other hand, they are transacting without any worries, so they do not feel the need to worry much about the issue of high fees. Where privacy is protected and transactions are being carried out smoothly, it is natural that the issue of fees will not become a mandatory issue.

[dwyane36]

Therefore, they have to set some rules for specific funds coming in. Otherwise, there will be authorities knocking on their doors haha.

No exchange is immune to this. However, I believe that the authorities may take a serious interest in an exchange’s activities if there is a massive volume of transactions originating from hackers. With that in mind, it makes sense for the exchange to certainly implement some filtering to verify the exact source of funds during a transaction. For example, if a hack is known and the addresses that hackers might use for transactions are also known in advance, it’s best to automatically add such addresses to a blacklist.

[joniboini]

-snip-

I thought it was replying to me at first, but then it doesn't answer what I asked (if anything I argued language updates is second priority compared to activating the fast mode), so maybe OP misquoted or misread something.

Anyway, since it is live already, hopefully it'll help users who are more comfortable with their native language instead of English.

[NeuroticFish]

I tried to make a test swap from Monero to Bitcoin, but the platform doesn't seem to want to work for me with Tor browser.
After I select the source (you send) to XMR, the target coin related area (you receive) remains forever in a loading mode.

[hosemary]

I tried to make a test swap from Monero to Bitcoin, but the platform doesn't seem to want to work for me with Tor browser.
After I select the source (you send) to XMR, the target coin related area (you receive) remains forever in a loading mode.

It's not because you were using the TOR browser. I just tried it in another browser and had the same issue as you.
It seems that it's not possible to swap Monero at the moment.

It's also impossible to receive Monero, since it's not listed in the "You receive" menu.

[examplens]

I tried to make a test swap from Monero to Bitcoin, but the platform doesn't seem to want to work for me with Tor browser.
After I select the source (you send) to XMR, the target coin related area (you receive) remains forever in a loading mode.

It's not because you were using the TOR browser. I just tried it in another browser and had the same issue as you.
It seems that it's not possible to swap Monero at the moment.

It's also impossible to receive Monero, since it's not listed in the "You receive" menu.

You are not the first to notice this, and the "infinite loading" look seems to be confusing. I assume that a better solution is to disable the selection of pairs that cannot be swapped on this exchange.
They may be planned to be added, but until then, there is no need to see them in the interface.

[SamReomo]

More than privacy, I think your word matters the most. If you say you are going to refund funds when the AML score is high, then you should not hold back, even if the authorities are pressuring you. I am not pointing fingers at anyone, just highlighting that keeping your word matters the most. But still, exchanging coins with a very high AML score means taking on more problems. It is good to accept growth instead of fearing it, but this can become a problem for the platform in the future.

Therefore, they have to set some rules for specific funds coming in. Otherwise, there will be authorities knocking on their doors haha.

Yes, what you said is true, the platforms that accept high AML coins and allow swapping of such coins can face some challenges when they catch eyes of those authorities that are doing their best take down any service that provide privacy. Since, the coins with high AML and the coins with low AML are same but these days due to chain analysis, we have AML thing and in present days and in future we might have strict AML rules. I hope Dex.Fo will be on safe end and will continue providing such useful services to its users.

[hosemary]

They may be planned to be added, but until then, there is no need to see them in the interface.

I may be wrong, but I guess that's just a temporary issue.
According to the information provided on their website, they are holding 1703 XMR in reserve and I don't see any reason, other than a temporary issue, why Monero swaps aren't available.

[logfiles]

They may be planned to be added, but until then, there is no need to see them in the interface.

I may be wrong, but I guess that's just a temporary issue.
According to the information provided on their website, they are holding 1703 XMR in reserve and I don't see any reason, other than a temporary issue, why Monero swaps aren't available.

It's a known issue that has been happening for a while now. Last time, the representative said that they are carrying out some maintenance which affects the availability of XMR for swapping in particular at at specific times. I don't know if the specific overnight window applies even right now, but I think this will soon be rectified.

Confirming on our side — XMR is currently being fine-tuned and is temporarily unavailable during a specific overnight window, roughly 21:00–07:00 UTC (window is variable, give or take).

This is a temporary phase. Soon XMR will be running 24/7 without interruptions. A bit more patience — we're wrapping up the last adjustments.

[stompix]

You are not the first to notice this, and the "infinite loading" look seems to be confusing. I assume that a better solution is to disable the selection of pairs that cannot be swapped on this exchange.
They may be planned to be added, but until then, there is no need to see them in the interface.

XMR works....but not all the time  , for example, now it does, but I did stumble upon situations where it's not available.
It would make no sense to remove it when they see it doesn't work when it's anyhow sort of deactivated, since it doesn't load with the options, I suspect it has something to do with their pools or something since they are actively searching for "fine tunning".

Removing the pair completely from the menu might make some new users think XMR is not available at all and lose them as clients forever.
Not the ideal pair of choices one would want to pick but, until it's fixed, this is what we have.