It is rare to find a company that survives for that long, and yet it is still developing.

This means that your team is cohesive and has a good background in administrative, marketing and technical matters, so I congratulate you and hope to see your presence there for as long as possible.

What are the big changes that the company has gone through over these years, 15 years is not a short period, and this means that you are ready before Satoshi writes the white paper, and what is your view of the coming period, especially with the economic pessimism about a possible recession.

All about BestChange notifications

We decided to elaborate about BestChange notifications — it came to our knowledge that not everyone knows about this convenient option and use it. Meanwhile, you can considerably increase the profitability of your exchanges if you set up notifications about profitable conditions. We give an opportunity to set specific rates and reserves, and when a relevant offer appears, we will receive a notification in Telegram or email.

The main situations when it’s handy:

🔔 For the exchange direction you need, there are currently no available exchangers, and you would like to be notified when they appear.

🔔 You are in no hurry but would like to make an exchange at the most profitable rate.

🔔 Exchanger that suits you by all parameters does not have enough reserves at the moment.

Also, exchanger owners use this option to monitor rates that their competitors have. Notifications come to Telegram from the account @bestchange_bot, or by email from noreply@bestchange.com. We recommend you add these addresses to the contact list so that the messages won’t get blocked by antispam at a critical moment.

Unfortunately, it does threaten the integrity of Bitcoin.  Lack of fungibility is corrosive to confidence in a currency.  If some units of currency have “taint”, others don’t, and the only way to tell the difference is to pay for the “analysis” of corrupt private companies that are essentially enemies of Bitcoin, then the currency just is not very useful as money.  In the long term, this is one of the biggest existential threats to Bitcoin’s value—even to its basic viability.

But don’t take my word for it.  Here is a good explainer of fungibility from a February 9, 2014 talk by Dr. Adam Back, the CEO and co-founder of Blockstream:

https://youtu.be/3dAdI3Gzodo?t=47

Dr. Back later speaks of Bitcoin, then of “taint”:

https://youtu.be/3dAdI3Gzodo?t=1379

This video is old, and much of the technological information is outdated.  But the basic issues remain the same.

I rarely cite a video, but this is a good one; and the link helps to avoid a lengthy tangential exposition in your thread.  Here, I will simply conclude that “coin taint” is an illusion.  If you believe that such a thing exists, then you have been bamboozled.  Avoid services that pretend there is such a thing as a “tainted” bitcoin—and in the long term, please support any competent efforts to add to Bitcoin what Dr. Back says on one of his slides:

“Idealized cryptographic ecash aims to enforce fungibility via indistinguishability rather than law... trust in mathematics over law”.

Question @Best_Change:
Is this true? If so, that makes the review system worthless, but it does explain why there are no persistent negative reviews on any of the exchanges you've listed.
If this is indeed true, can you publish this as a warning in bold on the review page? It seems misleading to omit this.

---

---

Second question @Best_Change: Can you clarify the bold part in your comment?
From Janyiah's feedback:
Who is "the exchange" who didn't receive the funds but froze it anyway? You make it sound as if the exchanger doesn't own the deposit address they ask the user to send funds to (but again: they froze it anyway).

This needs to be changed asap and it's impossible that rating system is showing only positive feedback from all customers for all websites, that is not happening even for best exchanges in ideal situations.
From my observation I could only found total of 9 exchanges with negative feedback from 245 exchanges, and most negatives are for big centralized exchanges (Kraken, Binance, Okex, Bittrex, Hitbtc) that don't care to reply anything.
This is unacceptable, and in my opinion openchange deserves negative feedback because they don't want to refund coins without kyc.

I still don't get it. Does this mean Janyiah sent his Bitcoin to a third party, and not to OpenChange? Who thought this is a good idea?

Let me bump this thread.

What do we conclude from the Openchange drama? I would say that BestChange needs to think about two much-needed improvements on its platform.

obviously, the rating system is not well resolved, and the removal of comments by exchangers is not the happiest solution. maybe we could discuss here the possible best feasible solution for that.
For example, I would introduce orange marks for conflicting but resolved trades. Also, maybe the red mark can have a time limit, so if the exchanger does not make any more negative "mistakes" within years or two(just for example), he will be removed. in theory, it can be considered accidental.

what you should definitely think about is the ANN thread here on the forum for all of your exchangers. So, in addition to all the conditions you set before them, force them to have a thread here as well as a communication channel. (I remember that it used to be a condition for every coin that wanted to be listed on CMC)
it can get you out of the awkward position of an intermediary.
it might even make the rating system easier for you because there would be an uncensored discussion somewhere.

@Best_Change, May I make a suggestion.

On the website, you may create an announcement section for exchanger listings and delistings just like what you see on exchanges (announcements for coin listings) rather than making partnership announcements only on Bitcointalk. This would be very helpful in knowing and tracking when an exchanger was listed and delisted not only to members in this forum but also outsiders who may not know about the partnership announcements here.

I see so many exchangers bearing the BestChange logo, but it's hard to know whether they were listed or delisted before. Some could just be scams using your logo.

Like in this example (Crypto-go.com), the exchanger even has a link embedded under bestchange logo, but it just leads to the homepage of bestchange
Link

Hey bestchange is it possible to get our service added to your platform ? Thanks

You are misrepresenting the information a little bit. An exchanger cannot remove comments, they have a right to “lift the relevance” for a claim, and it will no longer be red, this is only it. But we are working on improving even this mechanism.


This is the creation of redundant entities, moreover, the way you are suggesting it, framing from competitors is very likely. In the future, we will fully renovate the systems of reviews, they will be created, considered and lifted based on completely different principles. But it will take a lot of time, the new mechanism will be launched together with the renewed design.


This is a really cool idea! Our requirement to the exchanger has an item about having topics on some local Russian-speaking forums, but we need to widen this list by the local community. We will think about what sections we need to ask them to post their threads and will implement this rule in the future.



This is exactly the principle they are working today, but the only thing that part of the users don’t like is the removal of the “red color” together with the writing “Resolved”. We are looking for a compromoise around this aspect.


If an exchanger was sometimes added to our monitor, even after its exclusion, its page will be available with a special mark “disabled”, for example:


Very rarely, in some exclusive cases, we can fully destroy the page of an exchanger in the listing (only our internal notes will remain), and the visit will lead to the main page of the monitor. But your case does not fit for this exclusion, we haven’t ever created a page for the specified exchanger, that is why you don’t see a record about it.
Regarding a separate list for the excluded exchangers or the websites awaiting the listing, we will think how we can implement it, and if it won’t damage our reputation or SEO. We will try to implement it, but can’t promise it.


Exactly so. Although it’s hard for us to talk about the agenda of these services. Some services add a link to our monitor before listing and this is normal, this is one of the requirements to review the application. Another thing is if they openly proclaim partnership as if it has already happened, in this case this is certainly evil intention.


Of course, we are always happy about the new partners. The details for minimal requirements and technical details can be found on the page https://www.bestchange.com/wiki/add.html
This page also has a link to the contact page with which you are advised to send your application. For the email subject, select “Adding a new exchanger” from the list and specify your website’s address so that the application lands in the relevant department.