eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20

[examplens]

Paid2 Has anyone ever won this free raffle draw with free shipping and had it delivered? The customized card I won on altcointalk in May disappeared through the air. I understand that everyone wants to promote their business, but such actions are detrimental to the company's reputation if they result in hollow promises with shipping tracking ID that lead nowhere..

You probably missed the thread. This is the official eXch ANN thread, and as far as I remember, exch never had a raffle with cards as prizes. I saw that many members left screenshots when they got the Custom eXch Cryptosteel Capsule from the previous 20 raffles.
Maybe you were the winner of the Unijoin card raffle, but somewhere in May they stopped working, so it seems that's why you were left without a prize. paid2 will correct me if I'm wrong.

[Igebotz]

You probably missed the thread. This is the official eXch ANN thread, and as far as I remember, exch never had a raffle with cards as prizes. I saw that many members left screenshots when they got the Custom eXch Cryptosteel Capsule from the previous 20 raffles.
Maybe you were the winner of the Unijoin card raffle, but somewhere in May they stopped working, so it seems that's why you were left without a prize. paid2 will correct me if I'm wrong.

True, I will get off their tails after this post. Noticed he's hosting similar raffle draw for eXch.

I was given a shipping tracking ID, stayed several weeks in Germany and I got tired of tracking and gave up. Not a big deal; I just want to know if these cards make it to the people that won them..

[examplens]

True, I will get off their tails after this post. Noticed he's hosting similar raffle draw for eXch.

I was given a shipping tracking ID, stayed several weeks in Germany and I got tired of tracking and gave up. Not a big deal; I just want to know if these cards make it to the people that won them..

While Unijoin's raffle was hosted on Btt, I also saw that some members confirmed that they had received cards, but I did not precisely follow each round. Later they went to the Altt forum, and then you know that Unijoin disappeared in one day without any explanation. They probably didn't need any promotion or brand strengthening anymore, so they don't care if someone was deprived of something like the award you should have received.

[Igebotz]

While Unijoin's raffle was hosted on Btt, I also saw that some members confirmed that they had received cards, but I did not precisely follow each round. Later they went to the Altt forum, and then you know that Unijoin disappeared in one day without any explanation. They probably didn't need any promotion or brand strengthening anymore, so they don't care if someone was deprived of something like the award you should have received.

I am aware of their dreadful disappearing News, but "shipped" items do not vanish with it, do they? And BTW, those products were customised and mailed by someone on the forum. (I assume Unijoin already paid for cards and shipping costs upfront.)

Danm it! Needed to reply that.... Came back again

[paid2]

--snip--

I can confirm that all the winners received their eXch prizes (as far as I know ; maybe not the last one, it should be still in process of delivery). By the way, some of them published photos of their eXch capsules

I will send you a PM right now regarding the card not delivered!

[dkbit98]

The following screenshot represents an email sent from ByBit to eXch user who deposited funds from eXch to ByBit, having the deposit frozen by ByBit for more than 2 months and demanding for SoF (origin of funds)

So they can basically terminate your account, blackmail you, and seize your coins if you don't do what they say 
In any other field people would stop using services like this, but I think many crypto users like this weird ''convenience''.

I can confirm that all the winners received their eXch prizes (as far as I know ; maybe not the last one, it should be still in process of delivery). By the way, some of them published photos of their eXch capsules

Maybe think about changing rewards in future, maybe with BTC, hardware wallets or something else.
I think I saw forum members who won cryptosteel capsules several times 

[OrangeFren]

I can confirm that all the winners received their eXch prizes (as far as I know ; maybe not the last one, it should be still in process of delivery). By the way, some of them published photos of their eXch capsules

We're handling the shipping of the eXch Cryptosteel Capsules and all have made it to the winners so far.

Maybe think about changing rewards in future, maybe with BTC, hardware wallets or something else.
I think I saw forum members who won cryptosteel capsules several times 

Not a huge change, but we'll be switching to Cryptosteel's next generation Capsule - the seed12 (link) soon. They come with tamper-evident seals!

[examplens]

Maybe think about changing rewards in future, maybe with BTC, hardware wallets or something else.
I think I saw forum members who won cryptosteel capsules several times 

Not a huge change, but we'll be switching to Cryptosteel's next generation Capsule - the seed12 (link) soon. They come with tamper-evident seals!

As far as I know, the whole thing about eXch raffles main idea is not only their promotion but also putting wind in the back of cryptosteel. eXch gladly supports and invests in promising crypto projects.

[NotATether]

The high-risk exchange ByBit misleadingly designates eXch as a "high-risk exchange". ByBit freezes funds coming from eXch and other exchanges that respect users privacy, asking customers who wish to have a right to privacy for source of funds.

All exchanges which abide by legal regulations are high-risk, because they can sell you out to a federal agency at any moment.

[OrangeFren]

As far as I know, the whole thing about eXch raffles main idea is not only their promotion but also putting wind in the back of cryptosteel. eXch gladly supports and invests in promising crypto projects.

And it encourages self-custody over keeping your stash on Binance, Kraken or wherever

[ParenBU]

Can you please tell me if BingX exchange accepts deposits from eXch without problems and without blocking? I was planning to exchange my bitcoins but now I am wary.

[icopress]

Can you please tell me if BingX exchange accepts deposits from eXch without problems and without blocking? I was planning to exchange my bitcoins but now I am wary.

If you are not sure, just use the "Aggregated" function.  

- No risks of being frozen at major exchanges due to low risk score given by chain analysis platforms
- Chain analysis platforms will know you have interacted with an exchange and won't increase a risk score of your sending addresses
- Can be useful when someone asks you for a source of funds
- Currently accepted by the following exchanges without any issues: Binance, Coinbase, Gate.io, HTX, Kraken, MEXC, Gemini, OKX, Kucoin, Poloniex

[Kavelj22]

The high-risk exchange ByBit misleadingly designates eXch as a "high-risk exchange". ByBit freezes funds coming from eXch and other exchanges that respect users privacy, asking customers who wish to have a right to privacy for source of funds.

I doubt that this decision was in implementation of a legal requirement to avoid dealing with trading platforms, whether exch or others. Bybit platform did not issue any explanatory announcement or statement activating similar updates. And if any official body has requested this, then why Bybit in particular and why is it being done in this way?

What is funny and strange at the same time is that Bybit considers exch a high-risk service without explaining the rules that enabled them to make such a classification. The matter is not the same as with mixers because the sources of funds cannot be traced, but with any known trading platform, the procedures are supposed to be proportionate to the nature of each platform. For example, if a withdrawal is made from exch to a personal address, and then from that address to Bybit, will those transfers be rejected?

I think that Bybit will not benefit anything from this step and may lose a large user base. These users will think of possible scenarios that could happen to them with the platform without being aware of any updates. Bybit platform does not mention anything about refusing to deal with transfers from any other trading platform, and what is happening now is unprofessional and does not support the service.

[ParenBU]

If you are not sure, just use the "Aggregated" function.  

https://i.ibb.co/0rPL793/image.png

- No risks of being frozen at major exchanges due to low risk score given by chain analysis platforms
- Chain analysis platforms will know you have interacted with an exchange and won't increase a risk score of your sending addresses
- Can be useful when someone asks you for a source of funds
- Currently accepted by the following exchanges without any issues: Binance, Coinbase, Gate.io, HTX, Kraken, MEXC, Gemini, OKX, Kucoin, Poloniex

I have used the “Aggregated” feature. But I'm still unsure after the reports of Bybit exchange blocking. My wallet score is 86% labeled “Illegal Service”. While before it was only 60% with “Unlicensed exchange” labeled. Also, I don't see the BingX exchange on the list. So I want to be sure if the BingX exchange is blocking such bitcoins?

[LoyceV]

My wallet score is 86% labeled “Illegal Service”. While before it was only 60% with “Unlicensed exchange” labeled.

What is this "wallet score" you're talking about? It reminds me of the made-up thing called taint, which is an attack on Bitcoin's fungibility.

To quote myself:

I've seen several posts lately from people willing to treat Bitcoin as non-fungible because they believe some coins are "tainted".
I'd say this is a severe threat to Bitcoin, and I wouldn't be surprised if governments use this because they can't stop Bitcoin in any other way. If people believe Bitcoin is "tainted", they won't accept it anymore. "We" should really inform people not to fall for this.
Nobody would reject a dollar bill because it has previously been used in a crime, despite the fact that 85 to 90% contains traces of cocaine. Claiming Bitcoin isn't fungible is just plain stupid.

This site explains very well what it's all about:

Coin validation proposed to offer as a service to trace coins and try to give you a rating about how the history of the coin from your point of view and to offer that as a service to businesses. I think this could be quite dangerous because it goes back to that 17th century court case where now you could receive a coin that is perfectly valid at the time that you receive it, but a few weeks later a crime is uncovered and now your coin is tainted. So if this coin validation service is advicing many of the merchants where you would want to spend your coin at, it's tainted and now the merchant would refuse to accept your coin. That's a strange experience for you; you're holding a coin that you might have to sell at a discount to get rid of it. The aggregate effect of this might create a run on the bitcoin price. So it reopens this long-set legal principle that currency or currency units are all equal.

I can't stress enough how important this is!

[ParenBU]

What is this "wallet score" you're talking about? It reminds me of the made-up thing called taint, which is an attack on Bitcoin's fungibility.

To quote myself:

I've seen several posts lately from people willing to treat Bitcoin as non-fungible because they believe some coins are "tainted".
I'd say this is a severe threat to Bitcoin, and I wouldn't be surprised if governments use this because they can't stop Bitcoin in any other way. If people believe Bitcoin is "tainted", they won't accept it anymore. "We" should really inform people not to fall for this.
Nobody would reject a dollar bill because it has previously been used in a crime, despite the fact that 85 to 90% contains traces of cocaine. Claiming Bitcoin isn't fungible is just plain stupid.

This site explains very well what it's all about:

Coin validation proposed to offer as a service to trace coins and try to give you a rating about how the history of the coin from your point of view and to offer that as a service to businesses. I think this could be quite dangerous because it goes back to that 17th century court case where now you could receive a coin that is perfectly valid at the time that you receive it, but a few weeks later a crime is uncovered and now your coin is tainted. So if this coin validation service is advicing many of the merchants where you would want to spend your coin at, it's tainted and now the merchant would refuse to accept your coin. That's a strange experience for you; you're holding a coin that you might have to sell at a discount to get rid of it. The aggregate effect of this might create a run on the bitcoin price. So it reopens this long-set legal principle that currency or currency units are all equal.

I can't stress enough how important this is!

I have gotten bitcoins from eXch for a long time now. And now I am planning to sell those bitcoins. I'm talking about what happened recently with Bybit exchange, about blocking. And I want to know if such bitcoins are blocked by BingX exchange? I want to be sure.

[examplens]

My wallet score is 86% labeled “Illegal Service”. While before it was only 60% with “Unlicensed exchange” labeled.

What is this "wallet score" you're talking about?

It is a new unit of measure in the Bitcoin ecosystem, devised by the creators of the AML checker. There is no explanation of the methodology used when assigning percentages, but users have to accept the result and agree that anyone can block their coins due to a "bad score".

[LoyceV]

I want to know if such bitcoins are blocked by BingX exchange?

Ask BingX exchange. If they believe Bitcoin isn't fungible, use a different exchange.

It is a new unit of measure in the Bitcoin ecosystem, devised by the creators of the AML checker. There is no explanation of the methodology used when assigning percentages, but users have to accept the result and agree that anyone can block their coins due to a "bad score".

I see. So it's another business model trying to sell the notion of "taint".

I can do that too I have 2 lists already: all good Bitcoin addresses and all bad Bitcoin addresses. Or maybe it was the other way around, I don't remember
/sarcasm

[Igebotz]

It is a new unit of measure in the Bitcoin ecosystem, devised by the creators of the AML checker. There is no explanation of the methodology used when assigning percentages, but users have to accept the result and agree that anyone can block their coins due to a "bad score".

Is this a way to prevent stolen/blacklisted/reported addresses from depositing tainted coins on exchanges and gambling platforms? No, I don't like it; we're giving them too much control. Satoshi probably wouldn't have liked this.

I can do that too I have 2 lists already: all good Bitcoin addresses and all bad Bitcoin addresses. Or maybe it was the other way around, I don't remember
/sarcasm

35.06 GB of data oh no! Thank you 

[ParenBU]

Ask BingX exchange. If they believe Bitcoin isn't fungible, use a different exchange.

I asked the BingX exchange. I'm waiting to hear back from them. If they reply to me and I make the transaction without any problems, I will immediately report it here on the forum. But I would also like to see a response from an eXch rep or support.

I see. So it's another business model trying to sell the notion of "taint".

You are right, but unfortunately we now have to live with this “taint” because we couldn't beat it.