Just wondering if anyone has experience with AnonExch? They’re a new kid on the block and seem to be offering a swap rate that is almost too good to be true.
Has anyone actually conducted a successful swap there?
You know what they say about too good to be true, right?
Totally. Which is why I created this post to get some more opinions (and hopefully some experiences) from others. One way or the other, whatever information is revealed here will hopefully continue to be useful to others going forward.
- calls themselves anon
- doesn’t have an onion
- injects analytics
- umm what?
Also this is a bad idea, trusting someone to swap to xmr first then to your chosen coin. the slew of metadata that would render this useless is pretty laughable.
I’m not calling this a honeypot but it’s a funny gimmick at best. and the mid journey art is cringe
The lack of a tor presence is quite telling, indeed. I hadn’t thought of that.
IIRC even LocalMonero had analytics deployed on their site. Or at least they did at one point.
localmonero was a very professional site. idk if the analytics was self hosted or what.
regardless, idgaf what LM did. this site has a bad small. the “AI” art, the obvious trustful gimmick, no onion. when you spend a good amount of time in the space you learn to spot bullshit. calling yourself anonymous without basic regard is obvious bs
If its not on monerica, it’s probably a scam
Not sure about anonexch. Exch.cx is great for whatever to XMR. 5% fee though. Do NOT use them to trade XMR to a pseudononymous crypto like BTC at anywhere that checks KYC or availability of dirty address (Trocador hsd a checjer on their site fwiw) as there’s like an 85% chance you’ll have to do KYC and explain to get it back.Unless you’re using Trocador and are at or under their guarantee, then they will just send the funds back to the original address, no questions asked, provided you have access to it.
Is this true also for their “aggregated” pool? https://exch.cx/faq#aggregation
I’ve never used eXch for a swap to BTC, but it would be good to know for future reference.
To be honestly I didn’t even know they had aggregated pools, but I will 100% look into it. Where did you find the aggregared swao on the main exchange page?
We operate with two pools of addresses for BTC deposits and transfers - mixed and aggregated. In a mixed pool all received and sent transactions are mixed together and there is no way to discover how many people are behind certain addresses and traceability is extremely difficult, which is very good for privacy but bad for risk scoring. In the aggregated pool all transactions we receive from users are collected on a known single address which is also used to send payments, what will clearly show you have interacted with our exchange and it’s good for interacting with other major exchanges to avoid any risks of frozen funds.
These are cons and pros of each pool:
Aggregated pool (bc1qu2dq8w8lv8v3l7lr2c5tvx3yltv22r3nhkx7w0)
Pros:
No risks of being frozen at major exchanges due to low risk score given by chain analysis platform
Chain analysis platforms will know you have interacted with an exchange and won’t increase a risk score of your sending addresses
Can be useful when someone asks you for a source of funds
Cons:
Reduced privacy
I had X,XXX eaten by a swap before so now I only use BXYZ to XMR. I wish I knew about this for some trades. Wonder if it’s limited to pseudononymous currencies. wish I knew where to find it and more info.
All options I see are flat rate and dynamic rate. Maybe you have to contact them about it.