[ANN] Mixero.io | Best Bitcoin Mixer | Extra Layer of Privacy by XMR Bridge

[Mate2237]

I once read about a case where users who make BTC deposits are rejected by the intended exchange for several reasons.

I think it would be better to send Bitcoin Mixing results to your wallet first before forwarding them to an exchange. If you want to send BTC from the mixer service to an exchange, you can activate the Clean Coins option as provided by Mixero (https://mixero.io/mix_advanced).

I think it is because of the government attacks on exchanges those resistance and rejections are happening because I had sent bitcoin from a mixer directly to a exchange and everything went smoothly without issue but now everything has changed.

So the best option I looking for is to use decentralized exchanges to trade my coins and I have not seen any good decentralized exchange that is mobile devices compatible.

[Forsyth Jones]

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At the moment, there is no better DEX option other than Bisq, there is no mobile version due to the difficulty of implementing a P2P system, it's difficult to do at right now.

By the way, is anyone using Bisq here? I haven't used it for a long time.

[Mate2237]

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At the moment, there is no better DEX option other than Bisq, there is no mobile version due to the difficulty of implementing a P2P system, it's difficult to do at right now.

By the way, is anyone using Bisq here? I haven't used it for a long time.

That is the whole problem the cryptocurrency ecosystem market is facing right now and I don't know all the developers can't create a very nice decentralized exchanges for p2p. And I strongly believed those who created electrum and blue Wallets can develop decentralized exchanges for this purpose.

And the day when good decentralized exchanges will be developed in the crypto market, many things will change and things will take a new shape. Bisq installation progress too is too hard.

[Kemarit]

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At the moment, there is no better DEX option other than Bisq, there is no mobile version due to the difficulty of implementing a P2P system, it's difficult to do at right now.

By the way, is anyone using Bisq here? I haven't used it for a long time.

Way back I used DEX a lot, but I guess the same problem with what others have been experiencing that's why I stay away from them.

So most likely this is also the case for those who have been heavy around 2017-2018 and did try to experience with DEX. But I guess the disadvantage like low liquidity and very complicated for a beginner that makes DEX not a best option for us.

[rby]

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At the moment, there is no better DEX option other than Bisq, there is no mobile version due to the difficulty of implementing a P2P system, it's difficult to do at right now.

By the way, is anyone using Bisq here? I haven't used it for a long time.

Way back I used DEX a lot, but I guess the same problem with what others have been experiencing that's why I stay away from them.

So most likely this is also the case for those who have been heavy around 2017-2018 and did try to experience with DEX. But I guess the disadvantage like low liquidity and very complicated for a beginner that makes DEX not a best option for us.

Apart from low liquidity, there are other attributes that make DEXs not beginners friendly such as; the UI/UX not being friendly.  Also, an average Jeo needs the knowledge of signing signatures and executing contracts in order to use DEX. Beginners might struggle to use it and from there they could be easily scammed.

[Forsyth Jones]

That is the whole problem the cryptocurrency ecosystem market is facing right now and I don't know all the developers can't create a very nice decentralized exchanges for p2p. And I strongly believed those who created electrum and blue Wallets can develop decentralized exchanges for this purpose.

And the day when good decentralized exchanges will be developed in the crypto market, many things will change and things will take a new shape. Bisq installation progress too is too hard.

The convenience of buying BTC on a CEX, along with higher liquidity and better rates, makes CEX exchanges more attractive even with KYC requirements.
The demand from users who want more privacy by buying BTC without KYC is lower, which leads the remaining users to turn to P2P, where the spread tends to be higher.
It's been a while since I last opened Bisq to check, but usually the prices and spreads charged by users there go over 10%.

But if we want to change this, we need more and more people to support decentralized platforms like Bisq. The more people join, the greater the liquidity and better competitiveness in relation to CEX prices.

[hugeblack]

But if we want to change this, we need more and more people to support decentralized platforms like Bisq. The more people join, the greater the liquidity and better competitiveness in relation to CEX prices.

I don't think the problem lies with the developers as much as it does with liquidity and continuity. Many users are looking for liquidity, low fees, ease of transactions, and the potential to profit from trading.
Many of them don't see completing identity verification as a problem.

[NotATether]

Many of them don't see completing identity verification as a problem.

Depends on who you ask.

Many people have documents that are not going to be accepted by the exchange because they don't request the specified format (full legal name on supported identification document, and full address on some sort of bill or legal agreement).

[Mate2237]

Many of them don't see completing identity verification as a problem.

Depends on who you ask.

Many people have documents that are not going to be accepted by the exchange because they don't request the specified format (full legal name on supported identification document, and full address on some sort of bill or legal agreement).

Those people that don't care about privacy and they want to verify their accounts in the exchange and use it to trade p2p since the decentralized exchanges are not user friendly, they have to use the centralized exchanges for easy transactions. So submitting documents for verification is is not an issue for them because they just need something that they can use for their trading successful.

[Forsyth Jones]

Many of them don't see completing identity verification as a problem.

Depends on who you ask.

Many people have documents that are not going to be accepted by the exchange because they don't request the specified format (full legal name on supported identification document, and full address on some sort of bill or legal agreement).

Those people that don't care about privacy and they want to verify their accounts in the exchange and use it to trade p2p since the decentralized exchanges are not user friendly, they have to use the centralized exchanges for easy transactions. So submitting documents for verification is is not an issue for them because they just need something that they can use for their trading successful.

The problem is that these KYC checks are becoming more and more invasive, in any case, each exchange makes its own rules and the market will reward the best. I generally don't mind doing KYC, as long as it's simple, easy and fast. Some exchanges are asking for KYC via video. 

[Jating]

Many of them don't see completing identity verification as a problem.

Depends on who you ask.

Many people have documents that are not going to be accepted by the exchange because they don't request the specified format (full legal name on supported identification document, and full address on some sort of bill or legal agreement).

Those people that don't care about privacy and they want to verify their accounts in the exchange and use it to trade p2p since the decentralized exchanges are not user friendly, they have to use the centralized exchanges for easy transactions. So submitting documents for verification is is not an issue for them because they just need something that they can use for their trading successful.

The problem is that these KYC checks are becoming more and more invasive, in any case, each exchange makes its own rules and the market will reward the best. I generally don't mind doing KYC, as long as it's simple, easy and fast. Some exchanges are asking for KYC via video. 

And we have to question though how they are going to handled our personal info? Are they getting a 3rd party to do all that KYC and if so, then they don't have the power about those data as a hack on that 3rd party could reveal all our personal information to the dark web and it could be sold as well. So there are also cons of this KYC, that's why we still want to preserve our anonymity as some point and then uses a Bitcoin Mixer to hide all the trails.

[Kemarit]

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At the moment, there is no better DEX option other than Bisq, there is no mobile version due to the difficulty of implementing a P2P system, it's difficult to do at right now.

By the way, is anyone using Bisq here? I haven't used it for a long time.

Way back I used DEX a lot, but I guess the same problem with what others have been experiencing that's why I stay away from them.

So most likely this is also the case for those who have been heavy around 2017-2018 and did try to experience with DEX. But I guess the disadvantage like low liquidity and very complicated for a beginner that makes DEX not a best option for us.

Apart from low liquidity, there are other attributes that make DEXs not beginners friendly such as; the UI/UX not being friendly.  Also, an average Jeo needs the knowledge of signing signatures and executing contracts in order to use DEX. Beginners might struggle to use it and from there they could be easily scammed.

I think with the U/UX we can all learn from that if we are going to used it more often. But I do agree that it's not a beginner friendly and you really have to go to certain process. But still though, the curve might not take time for you to get.

But with no liquidity then how can you stay on that platform? So in turn this is the major turn off for even the most experience crypto enthusiast out there.

[Mate2237]

I think with the UI/UX we can all learn from that if we are going to used it more often. But I do agree that it's not a beginner friendly and you really have to go to certain process. But still though, the curve might not take time for you to get.

But with no liquidity then how can you stay on that platform? So in turn this is the major turn off for even the most experience crypto enthusiast out there.

But because of it difficulty of the User Interface (UI) and the User Experience (UX) people can't use it often and when I wanted to use Best-Exchange. The User Interface even discouraged me because I don't even understand anything there. And the DEX which would have been better for beginners friendly is Bisq exchange but only on desktop and doesn't work in Windows Operating System.

The way I understand these exchange business in the cryptocurrency market, Decentralized Exchanges are not yet ready for the business and they are still Targeting few crypto users to use their services and not for all. And if really they were ready to widening their services to all cryptocurrency users, they would have done that since like the way centralized exchanges have widening theirs.

[Forsyth Jones]

It seems that there are now 2 versions of bisq: bisq1 being for trades where both parties make a security deposit and bisq-2 being an easier platform to use, right? It's not necessary to make a security deposit in bisq-2 trades, right?

In Bisq-1, you must have an integrated wallet where the user has possession of the private keys.

I didn't like version 2 very much, I'm more used to Bisq-1.

[Fivestar4everMVP]

Many of them don't see completing identity verification as a problem.

Depends on who you ask.

Many people have documents that are not going to be accepted by the exchange because they don't request the specified format (full legal name on supported identification document, and full address on some sort of bill or legal agreement).

Those people that don't care about privacy and they want to verify their accounts in the exchange and use it to trade p2p since the decentralized exchanges are not user friendly, they have to use the centralized exchanges for easy transactions. So submitting documents for verification is is not an issue for them because they just need something that they can use for their trading successful.

The problem is that these KYC checks are becoming more and more invasive, in any case, each exchange makes its own rules and the market will reward the best. I generally don't mind doing KYC, as long as it's simple, easy and fast. Some exchanges are asking for KYC via video. 

I personally noticed that kyc passing kyc verification on large exchanges like Binance, bybit and the rest are way much easier than doing same on a smaller exchange.

And to your question, yes, I've passed kyc verification through video, this was for a small exchange where I trade p2p with my fellow country men, I stopped using the exchange already but I can't forget the rigorous process and stress they made me go through simply to have my account verified, whereas on larger exchanges, I only needed to submit the front and back of my ID, and my ID number and that's all.

Some platforms do just too much when it comes to setting their kyc rules, using this as a medium to simply create stress for their users.