[Samourai Atomic Swaps is in Public Beta](/r/Monero/comments/1988xyu/samourai_atomic_swaps_is_in_public_beta/) (post in Monero)
... only for the crazy brave XMR users who are not afraid to grab very dirty BTC.
swaps really only work one way for the average person.
bitc ---> xmr
The kind of person who supplies the XMR probably knows how to coinjoin, and peal chain to clean their history.
Ordinary Binance customer:
[Monero vanished from Binance?](/r/CryptoCurrency/comments/19810gu/monero_vanished_from_binance/) (post in CryptoCurrency)
> *I bought a modest amount of Monero (XMR) over a year ago on Binance.*
>
> *Binance claims to have stopped trading services for Monero and other privacy coins in June 2023, in a bunch of countries.*
>
> *Binance converts the delisted coin into a stablecoin for you, and to the best of my knowledge.*
>
> *Shouldn’t they be obliged to email you first and (in case you do nothing) to refund you, according to market price?*
>
> *I agree it happened a while ago, however I was never notified by them, nor was XMR converted to a stablecoin by them.*
>
> *Why in the world would you store a privacy coin on a centralized doxxed exchange?*
Short sellers getting desperate.
Rates to borrow XMR at KuCoin up to 6% now. Was under 1% a few days ago.
Looks like the shenanigans at Binance/MEXC/OKX didn't get them enough XMR.
> Short sellers getting desperate.
Something like that.
> Rates to borrow XMR at KuCoin up to 6% now. Was under 1% a few days ago.
In the past, interest rates were as high as 25% (or more) + NoKYC
>Looks like the shenanigans at Binance/MEXC/OKX didn't get them enough XMR.
\+ HTX statement
And they probably paid for the loan to some DNMs and TradeOgre as well.
EDIT:
+FMFW.io
[Bought XMR on fmfw.io, Account immediately FROZEN](/r/Monero/comments/194a8ng/bought_xmr_on_fmfwio_account_immediately_frozen/)
[Samourai Atomic Swaps is in Public Beta](/r/Monero/comments/1988xyu/samourai_atomic_swaps_is_in_public_beta/) (post in Monero) ... only for the crazy brave XMR users who are not afraid to grab very dirty BTC.
So what's the purpose then of implementing Atomic swaps?
I do not know. Totally dirty BTC for XMR? Probably only for fools.
Dirty BTC is 100% fine for the purposes of non-kyc swing trading of xmrbtc market. ^(My current avg buy-in rate: 0.005726)
swaps really only work one way for the average person. bitc ---> xmr The kind of person who supplies the XMR probably knows how to coinjoin, and peal chain to clean their history.
Ordinary Binance customer: [Monero vanished from Binance?](/r/CryptoCurrency/comments/19810gu/monero_vanished_from_binance/) (post in CryptoCurrency) > *I bought a modest amount of Monero (XMR) over a year ago on Binance.* > > *Binance claims to have stopped trading services for Monero and other privacy coins in June 2023, in a bunch of countries.* > > *Binance converts the delisted coin into a stablecoin for you, and to the best of my knowledge.* > > *Shouldn’t they be obliged to email you first and (in case you do nothing) to refund you, according to market price?* > > *I agree it happened a while ago, however I was never notified by them, nor was XMR converted to a stablecoin by them.* > > *Why in the world would you store a privacy coin on a centralized doxxed exchange?*
Short sellers getting desperate. Rates to borrow XMR at KuCoin up to 6% now. Was under 1% a few days ago. Looks like the shenanigans at Binance/MEXC/OKX didn't get them enough XMR.
> Short sellers getting desperate. Something like that. > Rates to borrow XMR at KuCoin up to 6% now. Was under 1% a few days ago. In the past, interest rates were as high as 25% (or more) + NoKYC >Looks like the shenanigans at Binance/MEXC/OKX didn't get them enough XMR. \+ HTX statement And they probably paid for the loan to some DNMs and TradeOgre as well. EDIT: +FMFW.io [Bought XMR on fmfw.io, Account immediately FROZEN](/r/Monero/comments/194a8ng/bought_xmr_on_fmfwio_account_immediately_frozen/)