Post
Topic
Board Trading Discussion
Re: Best way to exchange one coin to another ?
by
Darker45
on 05/07/2025, 04:39:28 UTC
There's a platform called OrangeFren that offers you instant swap options. It's an aggregator actually. It has an announcement thread here on the forum. The creator is both active and trusted.

I always prioritize convenience rather than complicating myself in finding an exchange that is considered more appropriate for making exchanges, as long as the transaction is fast and easy, it doesn't matter to me if I have to go through the KYC process. In addition, transaction costs are also a consideration.
I've never used Orangefren, it seems very interesting to try it judging from @Darker45 explanation.

I'm afraid you're contradicting yourself somehow. You're unknowingly inviting convenience precisely because you "always prioritize convenience". What you may consider "complicating myself" could precisely be the must-do in order to avoid inconveniences, unforeseen and not.

If you go to OrangeFren, for example, to swap BTC with XMR, the number 1 exchange that's suggested is Quickex. Convenience might tell you to go with the top recommended without "complicating myself". What could go wrong with the swap platform that's labeled best in OrangeFren, right?

Well, everything. They could freeze your transaction. They could keep your funds. You could suddenly be asked to undergo KYC. Furthermore, they aren't even their own liquidity provider, has a private source code, and so on. Even getting back your own money may require KYC.