LISTEN TO ME DO NOT TRUST BITCOIN OBAMA, HE IS A SCAMMER, YAHOO BOY, EVIL NIGGER. AS OF TODAY BITCOIN OBAMA IS BLACKLISTED FROM ALL LEGEND ACTIVITIES AND COMMUNITIES. BITCOIN OBAMA WILL NEVER DO ANOTHER PAID TASK AGAIN. SPLITNOW DOES NOT SUPPORT BITCOIN OBAMA. NEVER HIRE BITCOIN OBAMA. BITCOIN OBAMA IS DEAD TO SPLITNOW.
Unfortunately, as someone who has spent years moving funds across different chains, I made a mistake I never thought I would: trusting a CEX.
My experience with MEXC was flawless until it suddenly wasn't.
I've used the exchange for years without a single issue. My deposits and withdrawals were completely normal, with nothing suspicious or unusual. It was fast, convenient, and made it easy to move assets between chains without relying on questionable bridges or connecting my wallet to unknown protocols.
Then, when I tried to withdraw some USDT, my funds were frozen and I was told I needed to complete KYC and provide additional documents. Anyone familiar with crypto knows why that immediately raises concerns.
After years of using the platform without problems, having access to my own funds restricted without warning was the last thing I expected.
Dealing with that situation made me think about how this problem could actually be solved. Ironically, that experience became one of the reasons I built @ComPairSwap , which, funnily enough, utilizes @splitnow 's infrastructure in a part of it's operation (wallet splitting). The goal was simple: make moving assets across chains easier while reducing reliance on centralized intermediaries that can suddenly become a point of failure. 1400$ USDT is not a lot of money but i don't think there was a valid reason to freeze it
Whether they honor their word or not and if they do, I'll probably end up donating the money to a good cause in my country or smth i consider it is good for a platform to promote its product while also speaking uncomfortable truths, even if I may agree more or less with what they do.
The big "swap services" that sometimes use SEO tactics to rank first on the biggest search engines are basically playing "rug lottery" with their users. This becomes even more intense when users IPs come from developing countries or "riskier places" which they almost never specify clearly in their terms and conditions. Instead of completing the swap, they retain the funds under what they call "risk management" and even refuse to refund the original funds. Meanwhile, real funds coming from rug pulls go in and out without problems because those actors are based in the US, Dubai, or other more appealing jurisdictions.
Long story not so short: between 2019 and 2021, I was a victim of this. It happened with ShapeShift which, as I remember, was around 30+ ETH, or the equivalent of $10k back then and also with FixedFloat, plus some weird exchange that I later realized was basically a Russian bucket shop. i had entered it because there was a niche asset I was interested in back when I traded a lot.
It ended in nothing, and thank God life was good enough to bless me and let me forget about that case instead of continuing to fight for it. But it is still worth bringing this up, because 99% of web "non KYC" exchanges that LARP as private and "instant" sometimes end up being everything except that.
While I was writing this, i started looking around and found some of the emails from when I interacted with the exchange. Now it doesnt exist anymore, and its website redirects you to some place recommending the "best BTC casinos" lmaooo
Most privacy exchanges have a dirty secret:
When your funds get frozen, they often profit.
We're done watching users get robbed.
Today we're launching a $5,000 AML Relief Fund.
If you've had funds frozen by another privacy swap service and never got them back, post proof. We'll review submissions and may refund the full amount lost, up to $5,000 total.
At SplitNOW, frozen funds are never revenue. We guarantee 100% refunds within 24 hours or double your money back
I've had my money frozen on CEX's a number of times for BS reasons, and only gotten them unfrozen because of my twitter platform/connections. most people don't have that option to resolve these problems - so if splitnow is able to sort that, then this is great for traders
last night someone told me that they find it hard to get their hands on monero w/o kyc
total bs
Its easy as fuck
take your crypto and swap it
https://t.co/kGRrl6fKEW
receive in your GUI or Monero One wallet
friend of a friend runs splitnow and does an excellent job
heavy privacy oriented
a recently discovered new favourite of mine