eXch - Official Announcements and Discussion Thread

[paid2]

Hmm, why don't they have a pool of addresses in case the government decides to blacklist that address or track customer privacy?
Or get-from-others. Whoever wants to exchange 1 Bitcoin to Ethereum can wait to get it from other users’ deposits, and so on.

You can use their BTC Mixed pool, the coins you receive will not be labeled “eXch”, similar to a P2P transaction: https://exch.cx/faq#aggregation
Same for ETH, eXch offers the possibility to receive coins through Thorchain.


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This would make sense for unknown platforms but in the case of HTX bybit they are probably afraid of being approached by “law enforcement”.

As far as we know, HTX is neither regulated nor a truly registered company, and it has even been publicly proven that their registration in the Seychelles is dubious: https://fsaseychelles.sc/media-corner/regulatory-updates/alert-huobi-global-limited-194155

[Lucius]

@paid2, it's good to see some discussion about eXch on ATT, and I hope that in the future they will decide to strengthen their presence on this forum.

+1

[examplens]

You can use their BTC Mixed pool, the coins you receive will not be labeled “eXch”, similar to a P2P transaction: https://exch.cx/faq#aggregation
Same for ETH, eXch offers the possibility to receive coins through Thorchain.

I don't know why eXch doesn't periodically change addresses or generate new wallets. I believe that it would not require too much additional work for them, they certainly host their own nodes. There is an obvious targeting of eXch exchange by competing services, for example previously Whitebit marked an ETH address with a bad AML score just because it belongs to eXch

[bitmover]

I don't know why eXch doesn't periodically change addresses or generate new wallets. I believe that it would not require too much additional work for them, they certainly host their own nodes. There is an obvious targeting of eXch exchange by competing services, for example previously Whitebit marked an ETH address with a bad AML score just because it belongs to eXch

That's a good question.

Maybe old addresses with millions of dollars in volume show some credibility? Specially for new customers who might be not sure to trust the service.

Is whitebit score worth anything? I don't know their service.

[dkbit98]

I don't know why eXch doesn't periodically change addresses or generate new wallets. I believe that it would not require too much additional work for them, they certainly host their own nodes. There is an obvious targeting of eXch exchange by competing services, for example previously Whitebit marked an ETH address with a bad AML score just because it belongs to eXch

What is the point of doing that?
It would be trivial to find connection and identify that eXch is owner of all those new addresses soon, and they are not hiding or doing anything bad.

Is whitebit score worth anything? I don't know their service.

Nobody cares about whitebit shit.
I never liked all this ratings from exchanges, but most people accepted it for some reason.

[bitmover]

Nobody cares about whitebit shit.
I never liked all this ratings from exchanges, but most people accepted it for some reason.

I was able to send coins from exch.cx directly to a local Brazilian cex , so I don't think it's coins have  any AML problem... at least the ones I received.

[paid2]

I was able to send coins from exch.cx directly to a local Brazilian cex , so I don't think it's coins have  any AML problem... at least the ones I received.

Indeed, as long as the receiving exchange doesn't use this AMLBot crap, it shouldn't be a problem.

In case anyone doesn't know, eXch updates a list of CEXs that accept their coins without issue here: https://exch.cx/faq#aggregation

[bitmover]

I was able to send coins from exch.cx directly to a local Brazilian cex , so I don't think it's coins have  any AML problem... at least the ones I received.

Indeed, as long as the receiving exchange doesn't use this AMLBot crap, it shouldn't be a problem.

In case anyone doesn't know, eXch updates a list of CEXs that accept their coins without issue here: https://exch.cx/faq#aggregation

Thanks!

I will tell them in their thread in bitcointalk the local exchange which I sent my funds to, so they can update their list
As they are not active here

[examplens]

Nobody cares about whitebit shit.
I never liked all this ratings from exchanges, but most people accepted it for some reason.

50% of exchangers on the Bestchange platform use WB aml check, which directly threatens potential users from there. We may not like it and we may not accept it, but the reality is that it is used quite a lot. The ultimate negative result is seizing user funds, and no one who works honestly wants that.
It's easy to say, hey, don't use such exchanges, but this information reaches a large number of users only when it's too late. Just ignoring it is not the solution to the problem here. Just ignoring it is not the solution to the problem here.

The suggestion that eXch periodically change the default addresses would at least complicate matters for WB tools

[dkbit98]

In case anyone doesn't know, eXch updates a list of CEXs that accept their coins without issue here: https://exch.cx/faq#aggregation

We can see many top rated exchanges with big trading volume are listed there as accepting coins from Aggregated pool.
And I have to say that if people want to be 100% they can use dex exchanges and things like PeachBitcoin, nobody will ever ask you for kyc there.

50% of exchangers on the Bestchange platform use WB aml check, which directly threatens potential users from there. We may not like it and we may not accept it, but the reality is that it is used quite a lot. The ultimate negative result is seizing user funds, and no one who works honestly wants that.

I see no real reason for anyone to use bestchange exchanges for anything, and this is not the first incident related with them.
Using bestchange exchnages is like playing a russian roulette, not related with eXch at all.
 

[paid2]

I see no real reason for anyone to use bestchange exchanges for anything, and this is not the first incident related with them.
Using bestchange exchnages is like playing a russian roulette, not related with eXch at all.

True!

People should avoid bestchange/WB/AMLBot circle like the plague if they don't want to risk to randomly lose their funds.
By the way, you can see how crappy bestchange's affiliates are by looking on the following link, which aggregates these numerous scams: https://antiswap.info/ (it is in Russian only, but I'm sure people will find a way to translate the page in their browser)

[examplens]

I see no real reason for anyone to use bestchange exchanges for anything, and this is not the first incident related with them.
Using bestchange exchnages is like playing a russian roulette, not related with eXch at all.

True!

People should avoid bestchange/WB/AMLBot circle like the plague if they don't want to risk to randomly lose their funds.
By the way, you can see how crappy bestchange's affiliates are by looking on the following link, which aggregates these numerous scams: https://antiswap.info/ (it is in Russian only, but I'm sure people will find a way to translate the page in their browser)

Bestchange is a good and useful service, but unfortunately, it is easily turning in one ^wrong direction.
This is not for those who know the subject matter and problems with various AML excuses, but it is a problem for all other users, especially newcomers, of whom there are more and more every day.

[bitmover]

Bestchange is a good and useful service, but unfortunately, it is easily turning in one ^wrong direction.
This is not for those who know the subject matter and problems with various AML excuses, but it is a problem for all other users, especially newcomers, of whom there are more and more every day.

I agree. It is good for people who make trading and arbitrages.

Those exchanges are not privacy oriented projects, such as exch.cx. Not everyone cares about privacy, and that is ok.

[dkbit98]

People should avoid bestchange/WB/AMLBot circle like the plague if they don't want to risk to randomly lose their funds.

It's very risky to use them, and all ''kyc regulations'' they are offering are not actual real regulated exchanges.

By the way, you can see how crappy bestchange's affiliates are by looking on the following link, which aggregates these numerous scams: https://antiswap.info/ (it is in Russian only, but I'm sure people will find a way to translate the page in their browser)

Interesting and it looks very useful.
There is even section talking about AML scam.
I know it's easy to get mashine translation, but someone should contact owners of this website and propose them to have official English version and support.

[examplens]

People should avoid bestchange/WB/AMLBot circle like the plague if they don't want to risk to randomly lose their funds.

It's very risky to use them, and all ''kyc regulations'' they are offering are not actual real regulated exchanges.

It seems that it is necessary to write a regulation that will govern the use of the AML regulation. 
I certainly avoid any use of such exchanges, even if only for information purposes. In the end, there are very few real self-hosted exchanges, mostly they are resellers where a third party is a liquidity provider. As far as I have noticed, WB is quite dominant as an LP for a large number of exchangers listed on Bestchange