I think that it should be stated somewhere what ratio BTC -> ETH will be calculated during the exchange.
It is different for most exchanges, here is the clearest example on Bestchange monitoring. Right now the range is from 17 ETH = 1BTC to 18.9ETH = 1BTC. (https://www.bestchange.com/bitcoin-to-ethereum.html)

Providing this information should not be complicated, and it would increase the level of transparency.

I mean, that makes sense, right? You should be calculating exchange rates when the ETH is sent (i.e. when the mix is done). Otherwise there could be price discreptencies.

And bestchange won't really help in this case because although different exchanges may have higher or lower rates, mixero would just use their own rate for converting.

Quote from: MrSpasybo on May 21, 2024, 02:13:21 AM

~snip~
I have never used this feature on MixTum because I am usually more interested in the amount of BTC leaving my personal account rather than the exact amount to another my personal account. I think some users will find this MixTum service useful.

I think it's something new, because I honestly can't remember seeing it before. I also think that some users will find something useful in this possibility, although at first it seems that there is not too much difference between classic mix and Precise Payment Mode, but @examplens wrote something about it that could clarify things a little.

In any case, it's good to see something new, which means that "business" is not on autopilot, but that someone is thinking about how to upgrade it.

Precise payment has always been a feature offered by Jambler and it was available on quite a number of other affiliated mixers before Mixtum added it, apparently.

Maybe there is a feature to turn each mixing mode on and off.

I imagine the partners each get their own control panel which lets them enable and disable other features too.

When there's a reserve of electricity (caused by having lots of miners using a fixed amount of GW at any given time), then you can basically unlock it during a crisis by contractually obliging the miners to shut off their equipment.

It becomes a bit of a problem when no contractual measures or legal agreements are put in place between the utility and the miners though.

For example in Iran, which largely condemns BTC mining officially (IIRC), the miners are operating there with no agreements with the state utility(s) so they just use as much power as they want and nobody can force them to stop during a period of constrained electricity availability except by actually raiding their warehouses and seizing all their gear.

Real estate has *always* been an appreciating market because the housing prices just go up. So when you buy a house and wait 5-10 years, you will most likely be able to sell the house to someone else at a profit. It helps that everybody wants to buy a house as well, even with mortgage if necessary.

Also when you look at crypto influencers online, some of the first things they go buy are cars, watches, and houses.

Windows is the most used desktop operating system by a large margin.

It also has the most malware of all platforms.

That's because it's been around for decades, and similarly viruses for it have also been around and working for decades as well because each Windows version is backwards-compatible with previous versions.

This means that viruses can easily be used to infect newer systems even as Microsoft pumps hotfix after hotfix.

What this means for you, is that most of these malware will contain crypto-stealers. You don't want one of those on your computer.

It is better to use Mac OS or Linux instead of Windows if you have any wallets.

I have not had the opportunity to use Coinbase because Coinbase does not serve users in Russia and Vietnam. I think it is more reputable and secure than Binance because it always tries to comply with the US regulations. Coinbase has not had any legal issues like Binance Global & US.

Each user will be satisfied with a CEX. Bybit has been around for a long time but only really became popular since the bullrun 2021. My friends are using Bybit, they prefer to trade futures on Bybit than Binance, but I am not interested in future so I have not tried to create my own account on Bybit. To be honest, managing multiple accounts on multiple CEXs is really quite complicated and time consuming.

As you said, users should understand that CEXs are places to trade, not places to store too many assets. Personal wallets are the right place for self-custody of crypto.

Coinbase is a public company. They cannot afford to have any legal issues like those suffered by Binance, FTX, and KuCoin. Otherwise everybody's shares would collapse, people would lose money, it would erase gains and portfolios on the stock market, and there could be grounds for a class-action lawsuit too.

Other CEXs, should not have a problem with this kind of thing. Although you should not use too many exchanges so that you don't have to give your ID to all of them.

Quote from: dekafee79 on May 21, 2024, 07:06:39 AM

I haven't used crypto for transactions like you explained. I still use banks for transactions, because transactions in my country do not allow the government to use bitcoin or other crypto. I only use crypto for investing

So, why are you interested in Bitcoin or other cryptocurrencies? If you can't make transactions in your current country, you should also have difficulty exchanging or owning them. Countries that actually prohibit cryptocurrency transactions at least also have area restrictions in implementing their rules. If you can't make transactions in your country, you should still be able to use your trusted VPN and buy something from another country. Cryptocurrency never limits its circulation area as long as it is covered by the internet.

Banks can only stop you from buying and selling crypto but once you already have it, they can't stop you from making transactions and crypto payments using it.

It is a well known fact.

People can still be cautions about involving their bank into any crypto transactions, but once you're on the Internet, you've got nothing to fear.

I was about to do a transaction and the gas fee was very high! Any advice on how to get the lowest gas fees? I have looked at the heatmap, and I can see that at certain times and days, it's a bit lower. Any advice for a newbie? 

Thanks!!

Use another coin that's not Ethereum. That's how you solve the problem.

Ethereum gas fees make the spikes caused by Bitcoin ordinals and BRC-20 to be marginal, by comparison.

You can use Polygon for example, it has very low fees and fast confirmation times, if you are stuck with using web3 services and cannot use Bitcoin (which I would've advised you do use otherwise).