So it's not KYC-free?
All of the exchanges listed on OrangeFren.com generally don't require KYC verification. However some check if the coins are tainted and then require SoF verification.
This never happened to any of my users and in the case of exchanges that have a reputation of doing so in the past there's a red warning on OrangeFren.com.
It's unfortunate, but sadly unavoidable if the exchanges constantly require liquidity from the huge CEXes.
The OrangeFren Guarantee does not apply to all exchanges listed. Currently it's only for trades on FixedFloat and eXch. Although I have suggested the service to others too, including the one you mention, they have declined.
I will look into the reports regarding the service you mentioned and probably add a red warning for them too.
Can you share how much they deposited for this?
Currently we compensate up to 2k USD per trade with FixedFloat and up to 1k USD per trade with eXch. Note that with the exception of an exit-scam our compensation maxes out at 10% so under normal circumstances that's a proportionate compensation for trades up to 20k and 10k respectively.
Our reserves are naturally larger than the per trade maximum.