🔥Quickex.io - Crypto exchange since 2018🔥

[Quickex Exchange]

Can we interpret this as "you don't take a profit from holding 'tainted' coins, but your LP takes that profit"?

We want to clarify that no one profits from holding these coins, directly or indirectly. Our liquidity providers are contractually obligated to return funds to the originating party or the appropriate authorities if the AML investigation requires it. The issue is not about generating profit, but about meeting legal and regulatory requirements.

Also, the scam accusation section is full of accusations that LPs still keep coins even after passing KYC. We will agree that this is bad behavior on the part of your LP. Will you, in any case, look for another solution, or will you continue to cooperate with them?

We are always on the client's side in contentious situations, but we, as well as our liquidity providers, must comply with the AML policy. We use the services of several liquidity providers. Please specify which specific case are you talking about?

[Quickex Exchange]

All of them are fake. Despite the “instant” and “non-custodial” and “no-kyc” branding, these services are not decentralized in terms of liquidity sourcing. They rely on centralized exchanges.

They use those buzzwords to attract and trap users who don't bother researching and verifying the claims made by a service before using it. By the time they realize that they have been lied to, the funds have already been frozen and KYC is needed for the funds to be unfrozen. Very criminal behavior from some of these service providers!

We understand your concerns regarding the reliance on centralized exchanges for liquidity sourcing. The challenge is that relying entirely on decentralized liquidity often leads to higher slippage and less competitive rates for our users.

However, while we may use centralized exchanges for liquidity, we strive to be transparent about our processes and to maintain a high level of security. The 'instant,' 'non-custodial,' and 'no-KYC' branding reflects the user experience we aim to provide. We don't try to hide anything from our users. All information about AML and KYC is posted on our website.

We are actively exploring ways to integrate more decentralized liquidity sources to reduce our reliance on centralized exchanges and offer even greater transparency and control to our users. We appreciate your feedback and encourage users to do their own research and due diligence before using any exchange service.