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

[alexhaering]

I just wanted to swap approximatly 1 BTC to XMR but the result message was "Maximum transfer amount for XMR is 0.18....."

Could you please stock up on your XMR reserves so that swapping from BTC to XMR is possible again?

[eXch]

Thanks for your quick response. I really like the signed letters of guarantee from cryptomixer because the include all details of the trade (funding wallet and recipient wallet). Maybe you want to implement yours similar like that. That would be great.


How long do you think will it take until this new feature will be available on you website?

In the meantime I will continue to screen record the whole exchange process, however I don't like that very much and would really prefer signed LoG.

We have implemented signed letters of guarantee. Each LoG is signed with the following address: 1P59vP5TNXAFRnQJvZSkwhYXejYW3teXch

I just wanted to swap approximatly 1 BTC to XMR but the result message was "Maximum transfer amount for XMR is 0.18....."

Could you please stock up on your XMR reserves so that swapping from BTC to XMR is possible again?

We do not stock any coin on purpose since we do not have any liquidity providers and all coins are stocked once our users sell them to us.

[icopress]

I'm glad that you heeded my advice and resumed your activity here on the forum. ^{[The users who wrote to you were not active for about six months]}.  

Although it’s great that you reminded me about letters of guarantee, because this is essentially insurance against disputes.

[dkbit98]

We do not stock any coin on purpose since we do not have any liquidity providers and all coins are stocked once our users sell them to us.

Hey there.
Do you have any plans of adding stable coins USDT/USDC on other networks that are not based on ethereum blockchain?
Many people probably switched to other alternative chains because of much lower lower transaction fees.

[dkbit98]

However, this will be added not earlier than Lightning, which we are currently working on.

That would be interesting to see, and I think there is something similar like stable coins that is based on Lightning Network and Bitcoin.
Maybe that would be a best alternative for fiat currencies that are not available on your exchange, and you they are not the same as stablecoins on shitcoin networks, since they are all backed by Bitcoins.
You can check out stablesats for more information on that, but I think stablesats are already available on Kollider Exchange with USD and EUR:
https://stablesats.com/
https://kollider.xyz/

[eXch]

eXch was mentioned as a cryptocurrency mixer by the security company SlowMist in their mid-year report for 2023 available at https://www.slowmist.com/report/first-half-of-the-2023-report(EN).pdf

In the first half of 2023, users deposited a total of 9,983 ETH (approximately $17.72 million) into eXch, and deposited a total of 6,608,354 ERC20 stablecoins (approximately $6.6 million) into eXch.

So far gathering these statistics was possible only on Ethereum blockchain, since we use a single aggregation address for all Ethereum & ERC-20 exchange operations. We do not aggregate UTXO's on single addresses for other coins, making traceability of our exchanges nearly impossible for chain analysis platforms, which is intended to protect our users privacy.

eXch has received 9 disclosure requests from various LE agencies in 2023 and none of them were satisfied, because we considered all their requests illicit.

[Bitcoin_Arena]

Just got to know about this exchange despite it being quite old. Maybe some little bit of activity here and listing in some privacy focused sites can help, like kycnot.me. Listing is free and the ranking will be based on how excellent your service is towards privacy

if you are interested in listing, read through this page - https://kycnot.me/about#support

Dear members, we would like to remind you some useful information about our exchanger:

→ Our ONLY address is: exch[dot]cc     always verify the URL in your BROWSER!
→ We exchange ONLY through our site: exch[dot]cc
→ Our PerfectMoney wallet: U4948860
→ We DO NOT exchange via jabber/icq/email/yahoo! Beware of random scammers!


Thank you for attention.

Why did you abandon the exch.cc domain? Some phishing hacker can easily acquire it and use it to steal people's funds while pretending to be your exchange. Especially with this outdated alerts/information still available in the forum. New customers can actually think it's still your official domain name.

[eXch]

Just got to know about this exchange despite it being quite old. Maybe some little bit of activity here and listing in some privacy focused sites can help, like kycnot.me. Listing is free and the ranking will be based on how excellent your service is towards privacy

if you are interested in listing, read through this page - https://kycnot.me/about#support

We are listed on kycnot.me since August 2022:

https://kycnot.me/service/exch

Why did you abandon the exch.cc domain? Some phishing hacker can easily acquire it and use it to steal people's funds while pretending to be your exchange. Especially with this outdated alerts/information still available in the forum. New customers can actually think it's still your official domain name.

We'll update information related to the old domain at our site's Q&A section and also list all the reasons of the domain change, which are complex bulk of events related to the lost investment during our partnership with WEX (BTC-e) in the past platform's operation.

All the links to the older domain were already removed or converted to a safe/unclickable format in case there was some historical relevance. The post referenced by you was kept while we were trying to get relisted at BestChange (https://www.bestchange.com/exch-exchanger.html) so the amount of posts containing the old domain was somehow important, however since BestChange has refused to relist our service even that we proved the relation between the old and new domains because they wanted to identify and KYC people behind eXch along with requiring nonsensical measures such as making a video conference with their "security team" via Skype and asking for our ID copies to be uploaded through some image uploaders full of JS bloatware, which was impossible to do due to our internal opsec protocols that help us to keep our identities private, we have dropped the idea to get relisted there, therefore those posts will now be removed.

[dkbit98]

All the links to the older domain were already removed or converted to a safe/unclickable format in case there was some historical relevance. The post referenced by you was kept while we were trying to get relisted at BestChange (https://www.bestchange.com/exch-exchanger.html) so the amount of posts containing the old domain was somehow important, however since BestChange has refused to relist our service even that we proved the relation between the old and new domains because they wanted to identify and KYC people behind eXch along with requiring nonsensical measures such as making a video conference with their "security team" via Skype and asking for our ID copies to be uploaded through some image uploaders full of JS bloatware, which was impossible to do due to our internal opsec protocols that help us to keep our identities private, we have dropped the idea to get relisted there, therefore those posts will now be removed.

There must be some good alternative for bestchange that doesn't ask from exchanges to conduct silly verification system, and I honestly don't know anyone who is using skype in 2023.

If I remember correctly I think I saw eXch exchange listed on trocador.app website before, but I don't see it there as much as before, and your exchange is still listed below with others as one of the partners.
Are you still working with them or with someone else?

[arabspaceship123]

I've been to your site when I've discovered exch.cx in the avatar of a Legendary user.

It's saying you're using own liquidity. You aren't asking KYC. It's calculating competitive rates so I'd use it if I had cryptocurrencies for exchanging. You've had the Service Announcement thread since 2014 but aren't famous so you should become more present. You'll create channels for trading in the forum if you advertise the competitive rates.

We do not stock any coin on purpose since we do not have any liquidity providers and all coins are stocked once our users sell them to us.

[Bitcoin_Arena]

We are listed on kycnot.me since August 2022:

https://kycnot.me/exchange/exch

I am not sure if I was looking at the wrong place, but the lower link you just shared led to nowhere. I have also tried searching on kycnot.me exchanges list and exch.cx does not show up.

Maybe you were delisted at one point and you were not notified?

[eXch]

[...]
If I remember correctly I think I saw eXch exchange listed on trocador.app website before, but I don't see it there as much as before, and your exchange is still listed below with others as one of the partners.
Are you still working with them or with someone else?

Trocador was being pressured by some of their partners who collaborate with LE and practice shotgun KYC to delist eXch by freezing/suspending operations that include coins coming from eXch, because our BTC don't pass AML checks due to not having a known single aggregation address thus it's impossible to identify them as BTC coming from an exchange without providing a proof that it was made on eXch.
Consequently, Trocador has stopped listing eXch in their results. After some discussion between us and Trocador, we have showed them that there are coins from us that pass AML checks without any issue and never get frozen at major CEX, since we use a single ETH address which is whitelisted at exchanges like Binance and Kraken already to not trigger automatic suspensions (we have communicated with both of them about this subject), therefore Trocador relisted pairs from eXch that include ETH and XMR. We have then suggested Trocador to relist BTC and LTC coming from us along with showing an informative warning to their users regarding risks from sending those coins to major CEX and "shotgun KYC" services, but apparently Trocador decided to not relist them.

This situation has turned into a dilemma for us whether to continue with mixed UTXO's at BTC and LTC or to start aggregating them on a single address. The way we do it now is a reason why many users who seek privacy prefer our service to others, because it's nearly impossible for chain analysis to track our exchanges. Having a known address at all chains would make a lot easier for chain analysis to track our exchanges.

We will probably make a poll somewhere asking our users opinion on how their prefer our service to handle BTC and LTC, having 2 options:

1. Mixed UTXO's without aggregating (our current operation mode)
Pros: high anonymity level, almost impossible to track for chain analysis
Cons: outgoing transactions usually don't pass AML checks and there are risks of getting frozen at major CEX or services that do AML/KYC

2. Aggregated UTXO's at a single known address
Pros: no risks of being frozen at major CEX or services that do AML/KYC, everybody knows your coins come from an exchange
Cons: poor anonymity level, easy to track for chain analysis (although could be mitigated with multi-address distribution and payout delays)

There may be also a third option if we make 2 separated pools for mixed and aggregated coins and let users select which pool to use for their output, however it's a lot more complicated to implement and maintain.

However, we hope that in the near future more and more people leave taint-proclaiming services and opt for decentralized exchanges like Bisq or services like ours, where AML scores aren't a problem.

[...]
I am not sure if I was looking at the wrong place, but the lower link you just shared led to nowhere. I have also tried searching on kycnot.me exchanges list and exch.cx does not show up.

Maybe you were delisted at one point and you were not notified?

No, we were not. Their site had a redesign some days ago that affected its URLs. All the URLs that had "/exchange/" part in them no longer work because they now all contain "/service/" part instead. For example, if our older link was https://kycnot.me/exchange/exch, the new link now is https://kycnot.me/service/exch.
For some reason they haven't bothered making redirects for older links.

I have updated the link in my previous post.

Also a screenshot of their site with eXch listed: https://oshi.at/DMCf.png

[dkbit98]

Trocador was being pressured by some of their partners who collaborate with LE and practice shotgun KYC to delist eXch by freezing/suspending operations that include coins coming from eXch, because our BTC don't pass AML checks due to not having a known single aggregation address thus it's impossible to identify them as BTC coming from an exchange without providing a proof that it was made on eXch.
Consequently, Trocador has stopped listing eXch in their results.

So I guess I was right when I noticed something strange was happening 
I didn't know anything about this stuff happening behind the scenes, but I am not going to use Trocador anymore if they continue doing stuff like this.
There are alternative aggregators I found on kycnot.me like Orangefren, and I am switching over to them instead.

We will probably make a poll somewhere asking our users opinion on how their prefer our service to handle BTC and LTC, having 2 options

I think that majority of members in bitcointalk forum will choose option 1 with high anonymity level, but I do understand people who are concerned because they are using more centralized exchanges.
It's much better to use decentralized exchange like Bisq, but sometimes people trade with others using P2P and other side is often using exchanges like Binance and Coinbase.

There may be also a third option if we make 2 separated pools for mixed and aggregated coins and let users select which pool to use for their output, however it's a lot more complicated to implement and maintain.

Maybe this compromise would work best for everyone, if you can handle extra complexity.

[Bitcoin_Arena]

I am happy that you set up a signature/ an advertisement campaign to create more awareness about this great and legendary exchange.

It's a very service but just like me 3 weeks ago, some people have no idea about it. It's a breed of an instant exchange and a mixer. Matter of fact, I am already recommending it to some people whenever I can.

[LoyceMobile]

Since I was invited to join the signature campaign, I did a small test (not on Mobile) to exchange some LTC to XMR. What I really like, is the lack of Cloudflare. The clearnet site just loads normally in Tor browser, and that's something mosts sites can't do anymore nowadays.
What surprised me, is there is no fixed "fee per transaction". It looks like the 1% or 0.5% fee is really everything, which matters a lot on small transactions. The minimum amount is 0.0001BTC, and much lower in value for altcoins. I haven't tried a large amount, as it was only for testing and I don't really need to exchange coins at the moment.
So far, I'm not disappointed and bookmarked the .onion site (on my desktop). I kinda expect people to complain about the limited choices of altcoins though.

[coupable]

Just got to know about this exchange through the signature campaign lunched recently, despite it being quite old (back to 2014). And although it seems to be a legit service, i wonder why there is less to no activities especially in terms of promotional materials.
Another note regarding the possibility of using the platform as a mixer since the maximum exchange rate is relatively high. I wonder whether this given is dealt with adequately or not, especially since the terms of use maintain privacy at the highest level.

[n0nce]

All the links to the older domain were already removed or converted to a safe/unclickable format in case there was some historical relevance.

It's a pity that your actual forum username still contains the old domain. Maybe worth bugging @theymos for a name change once again?

This thread also contains the old domain in all the replies of people from almost 10 years ago. I'd consider creating a new thread and closing this one, especially since it seems like the site relaunched recently? Or am I mistaken and just the Bitcointalk activity was resumed after a longer hiatus?

Quite excited to try a (for me) new instant exchange though, especially for Lightning <> on-chain funds! Keeping my eye out for that update for now.

[icopress]

It's a pity that your actual forum username still contains the old domain. Maybe worth bugging @theymos for a name change once again?

This thread also contains the old domain in all the replies of people from almost 10 years ago. I'd consider creating a new thread and closing this one, especially since it seems like the site relaunched recently? Or am I mistaken and just the Bitcointalk activity was resumed after a longer hiatus?

Quite excited to try a (for me) new instant exchange though, especially for Lightning <> on-chain funds! Keeping my eye out for that update for now.

There is no need to create a new thread as it is well indexed by search engines.

Among other things, I have also already notified the eXch team that it is preferable to change the username, so we are already working on this. 

[n0nce]

There is no need to create a new thread as it is well indexed by search engines.

That's a very good point, I see!

Among other things, I have also already notified the eXch team that it is preferable to change the username, so we are already working on this. 

What a legend. You're always going the extra mile when managing your campaigns!
I think you're already familiar with the Bitcointalk username changing process; last person to do that is The Skeptical Chymist, to the best of my knowledge.

[satscraper]

I kinda expect people to complain about the limited choices of altcoins though.

They pledged  themselves to list five more a year ago. Let's keep  hope they will do it  this year