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Showing 19 of 19 results by NicolasVanScorpion
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eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
NicolasVanScorpion
on 06/04/2025, 14:31:16 UTC
Reserves and flows: https://intel.arkm.com/explorer/entity/exch (by Arkham)
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Monero
by
NicolasVanScorpion
on 06/04/2025, 12:50:46 UTC
eXch had a nice supply of Monero in early March, then sold it for a ridiculous low price ... their stock has been hovering close to zero ever since: https://exch.xmrpri.se/ (reserve chart)
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Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
NicolasVanScorpion
on 27/03/2025, 17:11:58 UTC
eXch almost always has zero XMR reserves
You sir are a liar troll and you are not telling the truth.

I can see monero is available now on eXch and I have seen it on many other decentralized exchanges and p2p trading services.

eXch reserves:

16-March-2025: 0 XMR
17-March-2025: 0 XMR
18-March-2025: 0 XMR
19-March-2025: 0 XMR
20-March-2025: 0 XMR

... now there are some 245 XMR ... hooray ...



Kucoin - if you want to buy 10k XMR in a day, you need to buy the entire order book and it would cost three times as much + KYC


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Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
NicolasVanScorpion
on 27/03/2025, 12:50:52 UTC
They are selling Monero coins below real market price (Market price is not what HTX shows  -you can't even withdraw 100 XMR from there), that's why they are still empty. Supply and demand. You can talk about it as you like.

For example, on March 15th they sold 20k in one day for $220 a piece without KYC, where else would you buy it so cheaply, quickly and with these conditions?
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Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
NicolasVanScorpion
on 27/03/2025, 10:55:16 UTC
They probably have a philosophy that holding Monero is inappropriate, considering the possible sharp drop in price upon delisting.

They would simple lower the fee if they wanted to dump all their monero.

From what I understand,  their monero is more valuable this is why they add a higher fee

Despite that fee, they are still the cheapest on the market for large purchases without KYC. And they are proud of it.
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Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
NicolasVanScorpion
on 27/03/2025, 10:39:57 UTC
But from what I've seen, they have a very low price for XMR (considering the market), and coins sell out very quickly.
Their service fee for monero swaps is 5% to 5.5%. With other assets, the fee is 0.5% to 1%, so they charge much more for monero.

They have the lowest prices on the market for large purchases. The fee is negligible. Try buying such quantities elsewhere without KYC, you will pay much more.

They probably have a philosophy that holding Monero is inappropriate, considering the possible sharp drop in price upon delisting.
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Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
NicolasVanScorpion
on 27/03/2025, 09:45:54 UTC
... but I noticed shortage of monero is more often than usual.
https://www.talkimg.com/images/2025/03/26/l6d9j.jpeg

eXch almost always has zero XMR reserves (like most exchanges) ... they over 100 BTC in stock and not a single Monero ... maybe they don't care.

But from what I've seen, they have a very low price for XMR (considering the market), and coins sell out very quickly ... They clearly don't want to hold Monero, they want to get rid of it as quickly as possible, and that's how it suits them.
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Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
NicolasVanScorpion
on 28/11/2024, 17:47:31 UTC
My take is this:
- Do you want strong privacy? If yes, buy Monero, because if you care about privacy, you'd probably prefer the best privacy protection with the least cost.n not to have the best privacy for so little cost.

There is a problem. Monero is impossible to buy on eXch because it still has zero supply.
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Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
NicolasVanScorpion
on 15/10/2024, 07:41:28 UTC
You don't seem to get eXch doesn't choose which trade their customers make. The customers do.

As the largest XMR exchange in the world (according to them), it has many options. But they decided themselves to be empty or semi-empty for a long time. Zero or ridiculous coin supply. They decided they would rather have millions dollars in coins that could be bought anywhere else in the world. It's all weird.

If I have to make an order, I prefer to use a normal CEX, for example TradeOgre or another. I don't have to go to an instant exchange.

I'm just an ordinary customer who wants to buy coins. Nobody pays me.
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Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
NicolasVanScorpion
on 14/10/2024, 19:14:31 UTC
If there's an order book, the price will increase instead of causing a shortage.

They preferred to be empty. They prefer to keep millions of dollars in other currencies for which demand is weaker. Funny.
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Re: eXch - instant exchange
by
NicolasVanScorpion
on 14/10/2024, 10:58:13 UTC
I don't really get your beef with eXch.

They drive customers away and make fun of them.

"We have long been the largest XMR exchange on the market (or one of the largest) - by trading volumes. However, we have Monero in stock exceptionally. Wait a day or more and we might have some coins. Sorry. However, we have millions of dollars in stock of other coins."

To praise them, they don't sell what they don't have in stock (like some others).

I say this because despite a 5% fee on buying, XMR on eXch is often sold out, while eXch bases the price on other exchanges. If the price would be higher, supply and demand would be more balanced.

But maybe everything is different. If they accept dirty public coins for Monero. Then the 5% fee is really ridiculously small, because it is usually 20% or more. Then suddenly everything is understandable.
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Re: eXch - instant exchange
by
NicolasVanScorpion
on 14/10/2024, 08:58:58 UTC

It's clear you didn't do research. Currently, eXch shows 18.441 XMR (about $2.820.182 as 24h) while CoinGecko shows 3 exchange with higher 24h volume.


Gate is an exchange from which you can withdraw almost nothing. This can be deleted.

When I watched it sometimes, eXch was always the biggest. Sorry, I don't make daily charts. So today: top3 in the world
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Re: eXch - instant exchange
by
NicolasVanScorpion
on 14/10/2024, 06:51:03 UTC
This is not true, and you can verify that each day with 24h trade volume for each coin.
Monero is available now in reserves and I can see that in last 24h there was total of XMR 12222.532565559977 traded, plus all other coins.

You present yourself as one of the biggest XMR exchanges in the world, but with an empty wallet. That's a joke.
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Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
NicolasVanScorpion
on 11/10/2024, 06:30:02 UTC
Btw, are the current 385 available XMR "fictitious"? Smiley

That's very nice of them to occasionally have some XMR in stock. Yes, they have something right now too. So I'm going to exchange quickly. I hope I can make it. I've bought from them in the past, but they've only had zero stock of XMR for a long time now.

They have now the same 24h volume as HTX or MEXC or Kraken - that's obviously a joke.

But it already turned out the same as it used to be with Binance - you have to wait a week (or month?) for real coins ... and still only embarrassing excuses.

They keep 300 BTC, 50k LTC, ... but  nearly zero (or zero) XMR in stock ... they are weird.
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Re: eXch - instant exchange
by
NicolasVanScorpion
on 10/10/2024, 10:36:23 UTC
It may be hard for you to believe, but there are probably even now some open orders waiting for new funding to be executed. I challenge you to prove your theory, sell 1000 XMR on eXch and watch how long it lasts.

Talk, talk, ... but your XMR treasury has been empty for months.

You are mistaken, I want to buy XMR from you.
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Re: eXch - instant exchange
by
NicolasVanScorpion
on 10/10/2024, 09:38:16 UTC
It's precisely because XMR is in high demand on eXch that our reserves are so often empty, in particular because there are many backorders which are often draining our liquidity. XMR is in high demand on eXch because we provide a high-quality service respecting your privacy, we aren't doing anything wrong.

Weird and interesting at the same time. But the result is that your treasury is still empty. You probably have the wrong prices set for your services.

(By the way, I don't think that comparing the demand for a coin on eXch with its market price is the right way to think, especially for XMR)

With your displayed 24h volumes (which are absolutely unbelievable) - you are the biggest exchange on the market (with an empty treasury - ironic). So the price of Monero is set (according to you) mainly by you. There is obviously some mistake somewhere.
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Re: eXch - instant exchange
by
NicolasVanScorpion
on 10/10/2024, 08:26:41 UTC
Thanks for the reply and advice.

As nc50lc mentioned, XMR is in high demand and our reserves are regularly empty.

XMR in high demand? Probably not. The price is long-term stable (or falling). The fault will be elsewhere.

It's weird. You are probably doing something wrong when you are obviously still empty and driving your customers elsewhere.

Maybe you have bad price levels. You probably have lower prices compared to other exchanges that sell real XMR coins with no KYC and no effort.

For a long time you relied on OKX prices (from which XMR coins could not be withdrawn for years).

It doesn't matter. I will probably use something else again. Good luck.
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Re: eXch - instant exchange
by
NicolasVanScorpion
on 10/10/2024, 08:08:47 UTC
I'm not the owner but your timing may be late since if you check its "24h volume", there were XMR reserves.
It's just this coin is very in-demand.

Poloniex had XMR withdrawals closed for about a year and still had high trading volume. Trading volume is just a fiction with most exchanges. But it does not interest me as a customer. I need real coins. However, their treasury is still empty.

High demand? I don't think so. Why do you think that? Apparently they have some other problem.
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eXch - instant exchange
by
NicolasVanScorpion
on 10/10/2024, 07:39:12 UTC
Are you planning to remove Monero? ... or have you already done so?
It's been impossible to use your exchange for months now.
Every time I go to your site, the XMR reserve is zero. What's going on?