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

[Etranger]

I always wonder why these claims of laundering are so loud when it comes to crypto or decentralized no KYC services. To me, it is more of an excuse to demonize the freedom of privacy being promoted by platforms just as eXch.
Fiat currencies or banks are actually the biggest money laundering enablers we know.

Because it is important to keep those thing as they have been for a long time. It is convenient to continue using fiat currencies and banks for laundering money, but to do that they have to keep public`s attention away from it and refocus on something else. Cryptocurrency is an ideal candidate for this role, because there are already a lot of prejudice about their supposed scam and deceiving nature. So they only have to keep it that way.

[1714231698]

1714231698

[1714231698]

1714231698

[BabyBandit]

Hey and thanks for an excellent service. I have used your website to exchange BTC to ETH a couple of times! May I ask a question tho? Do you think you will add Solana to your coin list at your website anytime soon?
(maybe this have already been said if so then I missed it sorry)

[eXch]

Recently we have launched an experimental feature of ETH/BTC swaps via the Avalanche Bridge...

Is there any chance for coins to get seized with AVAX bridge even if amount is lower than 5 BTC?

We performed a lot of testing sending our own high-risk coins in random amounts from 1 to 5 BTC multiple times and no funds were frozen. But this doesn't mean it won't change any soon. We are planning to remove Avalanche/ETH bridging bot once Thorchain/ETH bot and integration is fully deployed.

Please note that Thorswap doesn't make part of Thorchain at all and as it's just a privacy-hostile frontend for Thorchain, thus, eXch could be used as an alternative frontend to Thorswap (however, for now, limited only to the coins and tokens that we support).

This means we can expect support for more coins when Thorchain is added?

Possibly.

We also don't agree with the general idea that it's exchanges fault if "dirty" money flows through them. We think the root problem is that users who lose their crypto for some reason don't treat their crypto as cash. Someone losing 27$M in cash (or in crypto)

I don't know if this is connected but I heard from our local board that someone from Binance was kidnapped and robbed for millions of USDT in Montenegro.
This incident was later confirmed by CZ, but we know that someone tried to sell this USDT for cash  

CZ's Tweet (https://nitter.cz/cz_binance/status/1723029611796152385) regarding the Montenegro incident is on 10th November. They talk about ~$12.5M in losses and USDT in the Tron network.

The 27$m incident seem to be happened  on 11th November and ocurred in the Ethereum network - https://etherscan.io/tx/0x0f2183c8e415e61b4ad7774bf1097019eb2d5b85798a2a229070495131d60321

It doesn't seem they are connected, even that the second incident happened to the Binance's customer too. Here is also a communication we received from the Binance Security Team regarding the stolen 27$M:

...
One of our customers was victimized for $27m yesterday. The proceeds have been converted to BTC and some appears to have made its way to eXch. Could you provide data on the following to deposit addresses?

bc1qfja7seymv79u8rjetc3s5r6tyscsc8rpcudrta
bc1q7uw73wk880hgey5m70pukrmefxg35l7hmn5eh9
bc1q2t2kvy6avd7a32hpwn26j7nv6hqkvta6rlw3dh
bc1qa6st5xu8zrh8stlj5ytn3sesylsfkgtjy2u3qd
bc1qdrj83xsmveyf3d5ac2r7pgfelejk0reyyc2f78


Please also blacklist these BTC addresses associated with the $27m theft. Thanks. @jwright100

bc1q4jvy9gw3uc9w0chkrjujc0ncf6glhmv8m6v2xl
bc1q6gqyg8qxdt7dwgz8uvmlngpn0y6wqtpcsy5xsv
bc1qqyt4fdrwtj7hajhthsldvgaf3nkp8lqlupqp4q
bc1q7fq3503zn55g0mfmjqeadx8f33xuc9g57zp96n
bc1qy6g27zwsqsemze2k9w2czcmmw82eep0jsf5tqy
bc1qw4qmdpq4gla3me8nrxaxy8nykfhgm2ezjql5vz
bc1qwce3ljn4j4eaydthzlylpmcvr6ufzmcn4gmkfs
bc1qgy3r9zqrcz6mnzsmencchh9vsqe5gr9aeqh0te
bc1q8l4ugh45v2gzgtxeysnvkwgln06hsnqqud0awt
bc1qql4lhjzxrwdlfmvrkrzplajkvr47frwrzzv6dl
bc1qlzh5gwtklz2sj3tngpl68yx7lnfff56u2kzpvl
bc1qa0uey3l3jkgcmgrdhpp4epxjlhpe9e0utcc90h
bc1qczwx445gfw8n2zjjva6we7gyqczues8f3wx32p
bc1qkn2r0chec6yqu5jqmj9qpg22kasxuwnew98mqa
bc1q4ag9le53tt83evlmw329e2ds2nhuc5wtzecews
bc1q3grnprnvll3k0k869y29d35ewhx9ptrxu64yuz
bc1q8884gd6fuyh830rleumcvw2gle5ksw3dwcttrl
bc1q3xv3ardm0mwu9d9stckds94pdzeq907wfl8qqe
bc1q6s4yztvz79vnd427zdmaalq0mth9ptuemdvljl
bc1qc5ylzyva0jzt5nehg69mdwpw4g89elh4u0rf5p
...

The Binance's customer who lost 27$M had these funds withdrawn from Binance 6 days prior to the heist. The only way these two events may be connected (27$M from hack and ~$12.5M from kidnapping) is in case CZ lied regarding the Tron network and the overall amount. CZ lying publicly is not something rare though.

Hey and thanks for an excellent service. I have used your website to exchange BTC to ETH a couple of times! May I ask a question tho? Do you think you will add Solana to your coin list at your website anytime soon?
(maybe this have already been said if so then I missed it sorry)

It is possible that Solana and some more popular currencies will be added, but we will await till the end of some hype trends first, because currently it's hard to tell whether Solana's popularity increase is natural or made up, but of course Visa's adoption is a serious step for it (but let's see if they don't change their mind?). We are also awaiting for more audits in regards to their code and network decentralization.

[BabyBandit]

Hey and thanks for an excellent service. I have used your website to exchange BTC to ETH a couple of times! May I ask a question tho? Do you think you will add Solana to your coin list at your website anytime soon?
(maybe this have already been said if so then I missed it sorry)

It is possible that Solana and some more popular currencies will be added, but we will await till the end of some hype trends first, because currently it's hard to tell whether Solana's popularity increase is natural or made up, but of course Visa's adoption is a serious step for it (but let's see if they don't change their mind?). We are also awaiting for more audits in regards to their code and network decentralization.

Thanks for taking your time and replying to my question friend. As from now you are my to go Exchanger and if you add more tokens I would use you're website even more.  
You got 5 ⭐⭐⭐⭐⭐ from me! Thanks!!

[blue Snow]

Because the Fee of Bitcoin on the main network become high, this is the right time for people to use the Lightning Network for transaction. And, don't worry, on eXch exchange, we can exchange Bitcoin on LN network to another altcoin such as Ethereum, Monero, Dash, Litecoin, Dai, and USDT without exchanging it 1st to Bitcoin main network like ussual. this is one of the advantages eXch with I rarely found it on another exchange.

And, I was just surprised when I looked at the exchange because the Taproot address was already supported.



Good job!

[s1lverbox]

Good to see you thinking of adding THORchain

I posted to some of THORchads so maybe you should see some increased volume from people.

https://x.com/sh1lverbox/status/1727443356039651665

[dkbit98]

We performed a lot of testing sending our own high-risk coins in random amounts from 1 to 5 BTC multiple times and no funds were frozen. But this doesn't mean it won't change any soon. We are planning to remove Avalanche/ETH bridging bot once Thorchain/ETH bot and integration is fully deployed.

Good to know.

The Binance's customer who lost 27$M had these funds withdrawn from Binance 6 days prior to the heist. The only way these two events may be connected (27$M from hack and ~$12.5M from kidnapping) is in case CZ lied regarding the Tron network and the overall amount. CZ lying publicly is not something rare though.

Strange how Binance and CZ ''lost'' all that money in very short amount of time, and now he needs to pay additional $4.3 billion after pleading guilty for money laundering.
That is to much coincidence if you ask me, and I don't trust anything he is saying, but it's clear to me that regulators are slowly shutting down all centralized exchanges, so we better get used to it.

[paid2]

And speaking of new coins/networks, are you thinking of one day adding the Polygon-MATIC network on eXch?
It could be a good addition, especially for USDT and DAI, the fees on ERC20 are just crazy.

[examplens]

And speaking of new coins/networks, are you thinking of one day adding the Polygon-MATIC network on eXch?
It could be a good addition, especially for USDT and DAI, the fees on ERC20 are just crazy.

I would rather see TRX and the Tron network in general, USDT (TRC20). It is quite fast and transaction fees are really low, also almost all services use it and have it implemented, I'm of the opinion that it could be useful.

[GazetaBitcoin]

Perhaps after November 16th you can share some more details about how things took course at the Court? (Obviously, only if the situation will allow you to do it).

In that particular case it should become available publicly after conclusion, but if we have anything earlier from our lawyer we'll share it.

Hey eXch, given the fact that it is almost end of the month, thus the date of November 16th passed for a while, I was wondering if you have a heads-up about what happened on that day?

At this time it's not even clear whether they addressed their request correctly, since our legal company name isn't specified in the request. They have addressed a court order to a string "exch.cx" which makes unclear whether it was addressed to a domain name, a website, a host or someone wearing a T-shirt with "exch.cx" written on it.

Re-reading this made me laugh once again However, did they address this issue? Or everything is still in limbo?

[eXch]

And speaking of new coins/networks, are you thinking of one day adding the Polygon-MATIC network on eXch?
It could be a good addition, especially for USDT and DAI, the fees on ERC20 are just crazy.

We were planning to, but the recent gas spike events on Polygon (https://nitter.cz/PeckShieldAlert/status/1725437206075216316#m) made us reconsider adding it. What is the point of an Ethereum alternative if it's prone to high gas fees like Ethereum? Adding more Ethereum-alike chains for us add nothing but more risks. However, it's still possible to have it added soon or later.

I would rather see TRX and the Tron network in general, USDT (TRC20). It is quite fast and transaction fees are really low, also almost all services use it and have it implemented, I'm of the opinion that it could be useful.

We are generally skeptical in regards to any Justin Sun's projects, including Tron, but we will probably add USDT, USDC and ETH on Tron just for diversity.

Hey eXch, given the fact that it is almost end of the month, thus the date of November 16th passed for a while, I was wondering if you have a heads-up about what happened on that day?

However, did they address this issue? Or everything is still in limbo?

In regards to what happened on that day - I woke up and had some delicious coffee early morning then the rest of that day was great. Besides that I don't remember anything important happening that day.

We weren't contacted by any officials concerning this case at all. We have also added some extra security layers to our backend server's networking topology just in case ([insert "behind seven proxies" meme here]) and also added a failover backend server, since the income we had from fees last month permitted us to expand our infrastructure significantly. Therefore, in any case, if you see our clearnet site suddenly defaced by FIODNederland or some other agency, then I assure that our onion will continue working and we will announce a new domain here the same day.

[GazetaBitcoin]

In regards to what happened on that day - I woke up and had some delicious coffee early morning then the rest of that day was great.

Lol!

We weren't contacted by any officials concerning this case at all. We have also added some extra security layers to our backend server's networking topology [...] Therefore, in any case, if you see our clearnet site suddenly defaced by FIODNederland or some other agency, then I assure that our onion will continue working

This is good news, about improving the security layers and reassuring that your operations will continue even in the case of an unfortunate incident of having the clearnet website shut down. However, I highly doubt that FIODNederland (I mean this user of the forum) would ever be able to do that

Joke aside though, is there any particular reason for which you mentioned Dutch Investigation Service for Financial and Tax Crime (FIOD)? Does this agency represent any risk for you or similar companies? I am asking because the subpoena you presented at beginning of the month was issued by the district attorney from New York, while FIOD operates in Netherlands. I mean, besides the joke about that clown named FIODNederland, is there any connection between the authorities from New York and those from Netherlands?

[eXch]

...

I believe that in regards to the case you are talking about, everything that could've answered was answered already. There is little or no point to start a new round of questions that were answered previously.

The reason why I have mentioned that forum member yesterday's news related to a mixing service listed on this forum.

Also I have my own reasons to believe that account belongs to the actual agency, taking into consideration the same cybercrime investigation team behind that arrest not only works for FIOD, but also Dutch police which is known for communicating with end-users via various community channels, including spinning up dedicated .onion links for their operations. I am aware of every single operation that was performed by these two agencies and how exactly they performed, because all of that was publicly available during the past events and I witnessed everything myself.

For example:



[original at tor.ink] [oshi.at mirror]

When the event that this screenshot represents happened, similar accounts were registered across some darknet forums throwing similar messages what FIODNederland left on Bitcointalk yesterday. These agencies are known for their non-standard community communication practices.

There is a live version of that site still: http://tcecdnp2fhyxlcrjoyc2eimdjosr65hweut6y7r2u6b5y75yuvbkvfyd.onion which is an actual site that belongs to Team Cyber Enabled Crime and Dutch National Police with valid PGP signatures.

I also believe that FIOD's department responsible for yesterday's takedown consists of the same members who were/are working for politie.nl back in time, so it's all just different branding from the same entity, because the methodology involved is identical and they already have a circle of famous people working in this field. You can find many of them on Linkedin.

And by the way:

Are you against Tor?

No, the Dutch police and judicial authorities are not against the anonymous use of the internet, encryption or TOR. We only act when these techniques are being used for committing criminal offences.

This indicates that they are quite open-minded, therefore it wouldn't surprise me at all if FIODNederland is legit. The only thing that actually disappoints me in that quote is Tor written erroneously. Guys, it's Tor, not TOR, ffs.

[OmegaStarScream]

We were planning to, but the recent gas spike events on Polygon (https://nitter.cz/PeckShieldAlert/status/1725437206075216316#m) made us reconsider adding it. What is the point of an Ethereum alternative if it's prone to high gas fees like Ethereum? Adding more Ethereum-alike chains for us add nothing but more risks. However, it's still possible to have it added soon or later.

It looks like the fees are back to normal but that aside, it's probably best to support Polygon zkEVM rather than the POS chain at this point, this is where all the team's efforts seem to be going to. But I'm not sure if that's something you would want to do (now), since it's not really supported by CEXes right now.

[tabas]

I've tried to check eXch since I'm planning to use and exchange there soon. I've copied the name of OP with ".cc" since I thought it's the same as the actual domain which is .cx.
My mistake though since I thought what's in the signature space is the same. Maybe it's possible to request for change name just for that one character 'c' into 'x'. Just a thought though.

[Z-tight]

Maybe it's possible to request for change name just for that one character 'c' into 'x'. Just a thought though.

The proposal for a change of name has been discussed a long time ago and they have already sent the PM to Theymos, but so far he hasn't obliged. A few member's successfully got their usernames changed recently, but eXch representative here is yet to be successful on that. If they don't mind, i would like to know what Theymos' response to the request was, is it something he considers doing later or was the PM ignored.

[tabas]

Maybe it's possible to request for change name just for that one character 'c' into 'x'. Just a thought though.

The proposal for a change of name has been discussed a long time ago and they have already sent the PM to Theymos, but so far he hasn't obliged.

Oh, I didn't know that. I just thought of it when I literally copied and pasted it on my browser through the username.

A few member's successfully got their usernames changed recently, but eXch representative here is yet to be successful on that. If they don't mind, i would like to know what Theymos' response to the request was, is it something he considers doing later or was the PM ignored.

Yes, there have been users that have successfully changed their names and granted their request. So if it's already requested to theymos, well, it really takes time IIRC because I've read it before that there's no timeframe when it shall be granted. And you know with stuff that with issues these days, it might really take time. Btw, thanks for your response.

[Bitcoin_Arena]

Yes, there have been users that have successfully changed their names and granted their request. So if it's already requested to theymos, well, it really takes time IIRC because I've read it before that there's no timeframe when it shall be granted. And you know with stuff that with issues these days, it might really take time. Btw, thanks for your response.

He seems pretty reluctant to grant them that wish. If he wanted, I think he would have done it by now, since OP had a genuine reason for the name change. They even gave them back control of the old account, but it has no activity.

I just hope that someone malicious just doesn't go and register the eXch.cx name and maybe even try to impersonate.

[paid2]

I just hope that someone malicious just doesn't go and register the eXch.cx name and maybe even try to impersonate.

eXch.cx is actually the legit name of the service 

eXch.cc leads to this page:


I hope that, as you say, it's OP that owns this domain.

[eXch]

It looks like the fees are back to normal but that aside, it's probably best to support Polygon zkEVM rather than the POS chain at this point, this is where all the team's efforts seem to be going to. But I'm not sure if that's something you would want to do (now), since it's not really supported by CEXes right now.

Then there are news like https://www.coindesk.com/business/2023/11/30/polygons-secret-deal-sending-draftkings-millions-to-run-failed-validator/ that again make things complicated to be included in eXch, since we can't afford losing money to some scam network and because we are not some reseller of WhiteBit or Binance that wouldn't care which coins to accept by adding just another trading symbol to some API call. Decentralization in these PoS chains is subject to a strict review in our case, since we actually run a node for each network we work with.

Maybe it's possible to request for change name just for that one character 'c' into 'x'. Just a thought though.

[...] If they don't mind, i would like to know what Theymos' response to the request was, is it something he considers doing later or was the PM ignored.

The first request we sent to him asking to change our username was ignored.

The second request to unlock an inactive account (eXch) was granted, but it seems to me that it happened only due to icopress's close involvement to this question.

He seems pretty reluctant to grant them that wish. If he wanted, I think he would have done it by now, since OP had a genuine reason for the name change. They even gave them back control of the old account, but it has no activity.

We are planning to start a new topic in the Exchanges section (since we are a cryptocurrency exchange by a definition) by the end of this month using that brand new account.

I hope that, as you say, it's OP that owns this domain.

We don't. We obviously wouldn't let this page you showed in a screenshot to persist there. There are still ongoing attempts to get that domain back though.