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

[pooya87]

The other question we should ask is, how many people use Tether and care about privacy? Will having USDT on TRX20 eXch be of any real value? I doubt it.

People use Tether because its price is fixed which makes it suitable for when they want to exist the market when things get "weird". It is also useful when they want to transfer their funds between exchanges at low cost (withdraw fee) and not face market spread (eg. you'd buy Doge at 402 sat on one exchange and after transfer you'll have to sell it at 390 sat and most money).

This is why the risks and privacy concerns are ignored. The second reason is also why some people want to use it on TRON due to its lowest cost (minimizing cost leads to maximizing profit in trading).

[mikeywith]

Regardless of which network, USDT has nothing to do with privacy.

What I meant is that someone who values their privacy and is going to use a service like eXch is unlikely going to interact with USDT regardless of which blockchain it sits on, so USDT on eXch is somehow very 'not-important' IMO, it's not worth the hassle to maintain it even on an existing blockchain like ETH, let alone run a whole new blockchain just for USDT.

People use Tether because its price is fixed which makes it suitable for when they want to exist the market when things get "weird".

I suppose the majority of those people use CEXs; they are faster and a lot cheaper. eXch is a whole different matter, where privacy holds an order of magnitude more value than cost. This means the use case of USDT on any DEX is very weak. I suppose anyone who wants to go from BTC/LTC/XMR to a stablecoin would rather use DAI.

[examplens]

What I meant is that someone who values their privacy and is going to use a service like eXch is unlikely going to interact with USDT regardless of which blockchain it sits on, so USDT on eXch is somehow very 'not-important' IMO, it's not worth the hassle to maintain it even on an existing blockchain like ETH, let alone run a whole new blockchain just for USDT.

I am pretty sure that there is not a negligible percentage of those who do not use eXch exclusively for privacy and only because of the no-KYC policy. Lately, there have been indications that eXch is also used for daily trade due to the competitive rate, so I would certainly not consider USDT as "not important" on this exchange.

[Zwei]

I suppose the majority of those people use CEXs; they are faster and a lot cheaper. eXch is a whole different matter, where privacy holds an order of magnitude more value than cost. This means the use case of USDT on any DEX is very weak. I suppose anyone who wants to go from BTC/LTC/XMR to a stablecoin would rather use DAI.

they are faster and cheaper, but they are not kyc free, and a lot of people don't have access to CEXs for various reasons. so exchanges like eXch are their only option.
if we check the daily USDT trading volumes on eXch, it's not small. and not everyone uses eXch because they care about their privacy, they just use it because it's a good exchange.

[dkbit98]

they are faster and cheaper, but they are not kyc free, and a lot of people don't have access to CEXs for various reasons. so exchanges like eXch are their only option.

I would argue if those big centralized exchanges are always cheaper and faster.
There are many examples of people accounts getting frozen, coins confiscated, and they sometimes charge hefty withdrawal fees.
For eXch you don't have to register anywhere, no need to use email, you are not sending any personal information, there is no login, so for me eXch is faster.

[Zwei]

they are faster and cheaper, but they are not kyc free, and a lot of people don't have access to CEXs for various reasons. so exchanges like eXch are their only option.

I would argue if those big centralized exchanges are always cheaper and faster.
There are many examples of people accounts getting frozen, coins confiscated, and they sometimes charge hefty withdrawal fees.

faster and cheaper here was in the context of exchanging to stablecoins and the higher liquidity they have, as that what the discussion was about.

For eXch you don't have to register anywhere, no need to use email, you are not sending any personal information, there is no login, so for me eXch is faster.

eXch is faster if you want BTC, ETH, or LTC. but for XMR, the liquidity is almost always low due to high demand, and the same goes for USDT, USDC, and DAI.
i guess this is why the discussion about USDT on Tron started.

[fillippone]

they are faster and cheaper, but they are not kyc free, and a lot of people don't have access to CEXs for various reasons. so exchanges like eXch are their only option.

I would argue if those big centralized exchanges are always cheaper and faster.

This is the case in the vast majority of the cases.
Just remember that the added liquidity is the price of your privacy,
It's not that DEXs are dearer; the centralised exchanges offer discounted spreads because they thrive on selling your data to very nosy actors.

[d5000]

I don't know if this has been already brought up, but I'd have a minimal and probably cheap to implement feature request for 2025 or beyond:

When you transfer coins from Bitcoin (or any "slow-moving" or "high-fee" chain) to exch, the waiting time until it gets confirmed can be quite long. So to see if your transaction was confirmed and if it is already being processed you sometimes have to access the browser tab with the "exchange page" several times.

If the start of  the tab title reflected the "state" of the exchange, you would not need to access the tab at all but could see the state in the tab title.

Currently the title of the exchange page is:

- eXch / Automatic cryptocurrency exchange

The idea could be to change it to this when the coins are received:

- [RECEIVED] - eXch / Automatic cryptocurrency exchange

and when the transaction was confirmed:

- [CONFIRMED] - eXch / Automatic cryptocurrency exchange

and so on with the following steps (exchanging, sending, sent).

It seems the exchange page is updated server-side (as no JS is required) so this should be simply a tiny HTML change if I'm not wrong.

Just an idea

[Lucius]

This is the case in the vast majority of the cases.
Just remember that the added liquidity is the price of your privacy,
It's not that DEXs are dearer; the centralised exchanges offer discounted spreads because they thrive on selling your data to very nosy actors.

Apart from the fact that they have very expensive service fees, which is why we often hear that using BTC is too expensive, it seems that data harvesting is a real gold mine where they make money. It doesn't have to be CEXs doing it at the highest operational level, but one corrupt employee is enough for the user base to become public.

CEXs are unfortunately a necessary evil, although alternatives exist and people should use them more.

[examplens]

It doesn't have to be CEXs doing it at the highest operational level, but one corrupt employee is enough for the user base to become public.

This is not specific only to CEX, but also to all other services that collect user information for any reason. I remember that the same case with the corrupt employee happened at CMC. The email address I used there was flooded with new spam that same day.

CEXs are unfortunately a necessary evil, although alternatives exist and people should use them more.

I think the basic idea is CEX as a trading platform, everything else is additional features. It is something else entirely that people are lazy and use them for other things because it is easier for them to manage their assets from one place.

[traderethereum]

This is my first time I am trying to use eXch service and I am impress with the fast of the services. I convert my Bitcoin to be Dash and that is run smoothly without any problems.

First time I think the Bitcoin network traffic was too high and needs too long of the confirmation for the transactions. But after waiting for a few minutes, my transaction gets confirmed by the network and the order directly processed by the site without taking too long.

I have a suggestion to add more coins. If you can do this, I am sure that will help user to select their coins besides of the coins lists now.

Thank you eXch.cx.

[fillippone]

CEXs are unfortunately a necessary evil, although alternatives exist and people should use them more.

CEXs are a necessary evil, but there are a few differences.
One thing is trying to operate in an ethical way, minimizing the impact from regulation, and cooperating with the governments on the least possible footprint.
The other is being the government your main client (COINBASE).
That makes a huge difference.

And, yes, CEXs are a necessaryevil, for now.
One day we will exit, and stay digital.
(Like Andreas said many years ago).

[Trêvoid]

Is onion services are down or having problems.


Onion site has disconnected

The most likely cause is that the onion site is offline. Contact the onion site administrator.

[nc50lc]

Is onion services are down or having problems.

I can access the onion website right now (check the URL just in case):


Loading time sometimes seem slower than usual though.

[Cricktor]

I can also confirm that the eXch's onion site (https://hszyoqwrcp7cxlxnqmovp6vjvmnwj33g4wviuxqzq47emieaxjaperyd.onion/) works fine for me. I didn't observe any particular noticable delays with it (usually I blame them to the Tor path). Today is was good enough for me...

[brett6934]

You guys support USDT ERC20

any plans to add USDT on Ton or Tron network?

[eXch Support]

You guys support USDT ERC20

any plans to add USDT on Ton or Tron network?

Hi, we do not plan to add Ton/Tron.

[brett6934]

You guys support USDT ERC20

any plans to add USDT on Ton or Tron network?

Hi, we do not plan to add Ton/Tron.

any particular reason why?

[eXch Support]

any particular reason why?

This has been discussed multiples times, even on the last but one page of the thread (page 56), or on the following messages:

I know that there was a discussion about it earlier, but what is the final statement, will there be or is it planned to integrate other "cheaper" networks than Ethereum and ERC20? I imagine that many would like the possibility of swapping to TRC20.

Most likely not and specially if the purpose of supporting the whole new network is only because of 1 stablecoin (USDT). USDC is quitting Tron by February 2025, DAI is Ethereum only, other stablecoins are either scam or potential scam. Almost every crypto company looks like this https://youtube.com/watch?v=soNnMObpiYM so I think you might understand our lack of motivation to support centralized stablecoins (we support them with risks assumed).

Will you add new networks/tokens/coins in the future?

Yes, but only reliable ones and turns our there are very few exist with a such characteristic.

[dkbit98]

Is onion services are down or having problems.

eXch onion link is working and opening fine for me.
It does load a bit slower than usual, but it works.
Make sure you are using the official links that can be found on clearnet website or in this topic, and try changing identities in Tor browser.

any particular reason why?

We already talked about tron before.
This blockchain is centralized crap, and fees are mostly higher than on other blockchains, unless you are staking tron.
https://gasfeesnow.com/