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Author Topic: Godex.io - Anonymous Crypto Exchanger ♻️ No Registration & No Limits  (Read 3469 times)
Godex_io (OP)
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July 17, 2018, 05:35:06 PM
Last edit: August 13, 2024, 06:27:08 PM by Godex_io
Merited by klarki (30), BlackHatCoiner (20), hugeblack (10), icopress (9), bitmover (8), Peanutswar (3), BitMaxz (2), The Cryptovator (1), logfiles (1)
 #1

Quote from:  No Registration ' No KYC ' No Limits [Homepage] & [Trustpilot] & [Twitter]Discussion [Altcointalk]


Godex.io is an anonymous crypto exchanger that respects your privacy. The service reliability is based on the modern security protocols and physical protection for the servers. Now Godex is one of the fastest exchange services on the market and order execution time varies from 5 to 30 minutes.


  • Main Info

➥ Godex does not require any personal data, no accounts or registrations.
➥  You can choose from more than 800 coins, and we are constantly expanding this list.
➥ Floating or Fixed exchange rate of your choice
➥ Best affiliate program with 0.005 BTC welcome bonus and up to 0.6% revenue share.
➥ 24/7 uninterrupted technical support from professionals.

  • Why trust us?

➥ Using strong security protocols
➥ Godex servers are under reliable protection.
➥ The Godex service is protected from DDoS attacks.
➥ To avoid interception of information, the SSL certificate is used
➥ Godex stands for the original idea of incognito in the cryptocurrency world.

Quote from: Godex.io

Privacy Policy   |   Reddit   |   Godex Blog   |   Terms Of Use   |   Contact Us
LeGaulois
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July 17, 2018, 08:54:01 PM
 #2

I am using it since Zencash has been added. I like the site itself and its user interface, the main reason I am using Godex.io is we don't need to sign up to create an account. I know very soon we will have Visa/Mastercard hence I wanted to ask: will we have a KYC/AML verification once Godex adds Visa/MC ?

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July 17, 2018, 11:37:09 PM
 #3

Quote
Processing your order takes time. During the transaction, you need to consider the variability of the exchange rate. It is necessary to know what the final conversion amount which will be transferred to you equivalent to the current exchange rate at the time of the exchange, which may differ from the initially stated, both upwards and downwards.
Which price you fetch out of your multiple exchange partners and will that partner might change along the way of exchange if another platform will offer better rate or you guys will just stick with the first one which offered a better rate at first?

Also what is maximum limit you can process or there is not such limit?

Looks like good alternative for shapeshift if there is no any KYC at all. Are you guys registered anywhere?
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July 19, 2018, 07:27:16 PM
 #4

I am using it since Zencash has been added. I like the site itself and its user interface, the main reason I am using Godex.io is we don't need to sign up to create an account. I know very soon we will have Visa/Mastercard hence I wanted to ask: will we have a KYC/AML verification once Godex adds Visa/MC ?
Thanks for the feedback! The integration of visa and MasterCard payment systems is planned for the near future. But the adoption of KYC/AML policy is a mandatory requirement of VISA and MC. Therefore, we decide whether we want to deny our users of privacy (which is highly undesirable way and it contraries to the philosophy of our service) for the implementation of banking payment systems. A possible solution is a compromise, consisting in a premature warning of users about possible personal data requests, but with an option of remaining anonymous without the use of cash
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July 19, 2018, 08:14:10 PM
 #5

Quote
Processing your order takes time. During the transaction, you need to consider the variability of the exchange rate. It is necessary to know what the final conversion amount which will be transferred to you equivalent to the current exchange rate at the time of the exchange, which may differ from the initially stated, both upwards and downwards.
Which price you fetch out of your multiple exchange partners and will that partner might change along the way of exchange if another platform will offer better rate or you guys will just stick with the first one which offered a better rate at first?

Also what is maximum limit you can process or there is not such limit?

Looks like good alternative for shapeshift if there is no any KYC at all. Are you guys registered anywhere?
Thank you for your question!
If the exchange rates change significantly and we are unable to offer a fixed price, we will offer a refund. But we always have some frames of price fluctuations within which we can operate.
Our partners fee is constant, and we adhere to the initially specified exchange rate.
The upper limit for exchanges is not set, but if you are going to make a transaction of more than 5 BTC, we recommend asking support about this first, because for some rare coins, the exchange may take longer time.
We do not have a Central office, our team is situated in such countries as Ukraine, USA, Italy and Russia.
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July 19, 2018, 09:14:03 PM
 #6

The website looks interesting. Are you sure you're going to survive for long without implementing the KYC procedures? Governments are actively banning such exchanges these days!

I wish you could have added more Bitcoin Forks like BIFI/BTF/BTH. They have a huge market but no exchanges are accepting deposits yet. Also, is it peer to peer? Where should I find recipients from?
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July 19, 2018, 10:11:46 PM
 #7

I am using it since Zencash has been added. I like the site itself and its user interface, the main reason I am using Godex.io is we don't need to sign up to create an account. I know very soon we will have Visa/Mastercard hence I wanted to ask: will we have a KYC/AML verification once Godex adds Visa/MC ?
Thanks for the feedback! The integration of visa and MasterCard payment systems is planned for the near future. But the adoption of KYC/AML policy is a mandatory requirement of VISA and MC. Therefore, we decide whether we want to deny our users of privacy (which is highly undesirable way and it contraries to the philosophy of our service) for the implementation of banking payment systems. A possible solution is a compromise, consisting in a premature warning of users about possible personal data requests, but with an option of remaining anonymous without the use of cash
Still good to hear out yet you would still have the option on being anonymous incase you embrace that visa and mastercard payment systems and as long it wont involve cash then this wont really be a bothersome for you.
Im seeing out similar exchangers do pop-out recently which do completely offering the same where shapeshift can do. The feature i do like on exchange coins into other coins where you can easily see available coins to be converted yet they would be displayed white for available and gray is for non.

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July 20, 2018, 12:45:06 PM
 #8

Little update: we are pleased to inform you that Bytecoin (BCN) is already available for easy exchange on http://Godex.io  after some scheduled maintenance.
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July 25, 2018, 06:41:08 PM
 #9

Brief news! Updated TRON tokens are available on Godex.io! Thanks Justin Sun for sharing! https://twitter.com/justinsuntron/status/1022070026973601792
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July 27, 2018, 03:43:27 AM
 #10

Godex_io. How do you choose coin projects to add in your exchange? Do you do your own diligence and research or are you open to suggestions from the community? Ty.
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July 29, 2018, 04:20:15 AM
 #11

Godex_io. How do you choose coin projects to add in your exchange? Do you do your own diligence and research or are you open to suggestions from the community? Ty.
Thank you for your question! Once we receive a request to add a coin to our service, we begin consideration. Besides the fact that we are looking at such characteristics as activity project, CMC rank, the presence on other trading platforms, we are always happy to communicate with team of developers or marketing of the coin that wants to be added. We also look forward to discussing this with the community!
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July 30, 2018, 04:31:24 AM
 #12

Godex_io. How do you choose coin projects to add in your exchange? Do you do your own diligence and research or are you open to suggestions from the community? Ty.
Thank you for your question! Once we receive a request to add a coin to our service, we begin consideration. Besides the fact that we are looking at such characteristics as activity project, CMC rank, the presence on other trading platforms, we are always happy to communicate with team of developers or marketing of the coin that wants to be added. We also look forward to discussing this with the community!

Thank you for your reply! I will ask one of the PoCC developers to contact you as soon as they can. Ty.

Anyhow, here is some of the basic information about Burst for now. As soon as a developer contacts you, they can give you more information about the project.

General information
  • Name: Burst
  • Ticker: BURST
  • Number of decimals: 8
  • Maximum supply: 2,158,812,800
  • Algorithm: Proof-of-Capacity
  • Release: no ICO, no premine
  • Developers: PoC Consortium

Exchanges listed
  • bisq (P2P exchange): BURST/BTC
  • Bittrex: BURST/BTC
  • C-Cex: BURST/BTC, USD, LTC, Doge
  • Coinroom: BURST/USD, EUR, PLN, GBP, NOK, CHF, CZK, DKK
  • Indacoin: BURST/USD, EUR, RUB (Visa & MasterCard)
  • Livecoin: BURST/BTC
  • Poloniex: BURST/BTC
  • UPbit: BURST/BTC
  • xchange.me: BURST/BTC, ETH

More information

Technical support / contact
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October 01, 2018, 01:34:29 PM
 #13

We are pleased to introduce Godex API v. 1 - developers tools that will allow you to upgrade your service with Godex exchange features. https://api.godex.io
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October 03, 2018, 12:51:46 PM
 #14

We are about to launch our amazing affiliate program with the biggest bonuses. Earn up to 0.6% of the transaction volume, 0.005 BTC welcome bonus for registration. Are you guys interested in such opportunity? Follow us on twitter: https://twitter.com/godex_io
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December 29, 2018, 09:03:35 PM
 #15

I was always using SimpleSwap and today I wanted to give it a try for Godex. And that was bad decision.

I wanted to exchange Monero to BTC.
Here is link to my transaction: https://godex.io/exchange/completed/5c2792c904c79
It says it's complete but I didn't receive my BTC.
And Godex support says in email: "unfortunately, we can not refund the coins that we did not received"

So, it's easy to check if they received it or not. From transaction link you can see destination address, which is:
44tLjmXrQNrWJ5NBsEj2R77ZBEgDa3fEe9GLpSf2FRmhexPvfYDUAB7EXX1Hdb3aMQ9FLqdJ56yaAhi XoRsceGJCRS3Jxkn
and amount: 2.1647 XMR

Transaction ID for transfer I made from my wallet is: 98b2b47c2332ed76a46561c8b6b9396c5cbe53eb3b507b0b541aea4528deaeb3
Transaction proof: OutProofV16cWq5fdphsPfxo5H7hXqkLWbpSeChxUeLU32VqM5CETfM677w7N7K37SaSQAb3M2Gy3NS aJfFi7K3EyuWcsdZR4xZdJZAsFYGLqYdiZDrcz1C22UXNN92ScvwXV1APkcjcRL

With all that information everyone are able to check that they received what they wanted.

https://i.ibb.co/tH88L46/screen3.png
https://i.ibb.co/02tW8wh/screen1.png
https://i.ibb.co/4KmVm3N/screen2.png

So why they can't refund that? Who knows. For sure not support.

Look out, I lost my money but you don't need to lost yours. Please consider to use alternative service to exchange your coins.
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January 08, 2019, 02:00:56 PM
 #16

I was always using SimpleSwap and today I wanted to give it a try for Godex. And that was bad decision.
Dear Hoek,
the exchange that you are reporting about was not completed because we did not received the deposit for it.
You have sent Monero to provided address, but the Payment ID was not included. Using payment id or any other destination tags if they are provided on our site is mandatory. We inform our users about this on the stage of address generation: DEPOSITS WITHOUT PAYMENT ID WILL BE LOST.
Payment ID is an important part of the address and missing it equals to sending coins to the wrong address.
We do not aim to deceive any of our users, we just want it to be understood that the information about the importance of extra tags is listed on our website for a reason. And we inform users about this information on the exchange page . Ignoring this information will lead to undesirable consequences like these.
Please be careful next time.
Regards, Godex support
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January 09, 2019, 06:40:07 AM
 #17

If Godex allows its clients to perform a transaction that may not be completed successfully, which deliberately exposes users to a loss of funds, it is simply unprofessional.

I have been exchanging cryptocurrencies for a long time using competitive platforms, and none of them has ever allowed me to finish the transaction if any required fields have not been correctly completed. I do not know if such an action is intentional or a bug, but this platform in my opinion deliberately exposed me to the loss of funds. I do not recommend it and I will never use it again. A painful lesson cost me about 100 bucks and I hope it will be a free warning to other users.
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February 18, 2019, 11:54:23 AM
 #18

We are glad to announce the launch of our affiliate program with the largest share, that allows you to receive up to 0.6% of the total transactions volume made via your affiliate link or widget. We offer several options for participation in the affiliate program and you can choose the most convenient one for you: API, Links, or Widgets and buttons. Register now and receive free 0.005 BTC Welcome Bonus !!! https://godex.io/affiliate_program
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February 21, 2019, 03:38:52 PM
 #19

I was always using SimpleSwap and today I wanted to give it a try for Godex. And that was bad decision.
Dear Hoek,
the exchange that you are reporting about was not completed because we did not received the deposit for it.
You have sent Monero to provided address, but the Payment ID was not included. Using payment id or any other destination tags if they are provided on our site is mandatory. We inform our users about this on the stage of address generation: DEPOSITS WITHOUT PAYMENT ID WILL BE LOST.
Payment ID is an important part of the address and missing it equals to sending coins to the wrong address.
We do not aim to deceive any of our users, we just want it to be understood that the information about the importance of extra tags is listed on our website for a reason. And we inform users about this information on the exchange page . Ignoring this information will lead to undesirable consequences like these.
Please be careful next time.
Regards, Godex support
You have good service, but I don't understand why you can't give XMR back to that guy? Coins arrived at your address to which you have access, so it is possible. It is not worth spoiling the reputation. I had a similar problem with ChangeNOW when I sent them XLM without specifying an id. They refunded my coins without any problems.
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March 06, 2019, 01:16:35 PM
 #20

Guys, our Affiliate Program is ready to bring you the profit!
See how it works: https://medium.com/@account_94523/how-to-start-earning-with-godex-affiliate-program-ce49002ae5a0
Register now and get 0.005 BTC reward!
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November 12, 2019, 04:05:58 PM
 #21

Granting you even more privacy with crypto - exchange Zcash on Godex.io using shielded addresses for depositing:
https://medium.com/@account_94523/shielded-address-fulfilling-zcash-potential-f2f9635226ec
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November 12, 2019, 09:53:51 PM
 #22

Granting you even more privacy with crypto - exchange Zcash on Godex.io using shielded addresses for depositing:
https://medium.com/@account_94523/shielded-address-fulfilling-zcash-potential-f2f9635226ec

Hey Godex Team, is there a chance that you can list Piratechain $arrr on Godex.io ?
ARRR is a Zcash Fork but fully shielded and secured by the BTC Blockchain via dPoW there are no transparent transactions, only the new fresh mined Pirates goes on a transparent adress for audit - it have a higher AnonSet as Zcash and many other benefits.

Would be cool to see Pirates on Godex!  Wink
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January 14, 2020, 01:07:53 PM
 #23

I was always using SimpleSwap and today I wanted to give it a try for Godex. And that was bad decision.

I wanted to exchange Monero to BTC.
Here is link to my transaction: https://godex.io/exchange/completed/5c2792c904c79
It says it's complete but I didn't receive my BTC.
And Godex support says in email: "unfortunately, we can not refund the coins that we did not received"

So, it's easy to check if they received it or not. From transaction link you can see destination address, which is:
44tLjmXrQNrWJ5NBsEj2R77ZBEgDa3fEe9GLpSf2FRmhexPvfYDUAB7EXX1Hdb3aMQ9FLqdJ56yaAhi XoRsceGJCRS3Jxkn
and amount: 2.1647 XMR

Transaction ID for transfer I made from my wallet is: 98b2b47c2332ed76a46561c8b6b9396c5cbe53eb3b507b0b541aea4528deaeb3
Transaction proof: OutProofV16cWq5fdphsPfxo5H7hXqkLWbpSeChxUeLU32VqM5CETfM677w7N7K37SaSQAb3M2Gy3NS aJfFi7K3EyuWcsdZR4xZdJZAsFYGLqYdiZDrcz1C22UXNN92ScvwXV1APkcjcRL

With all that information everyone are able to check that they received what they wanted.





So why they can't refund that? Who knows. For sure not support.

Look out, I lost my money but you don't need to lost yours. Please consider to use alternative service to exchange your coins.

Did you get your balance back?




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January 15, 2020, 05:46:58 AM
 #24

I was always using SimpleSwap and today I wanted to give it a try for Godex. And that was bad decision.

I wanted to exchange Monero to BTC.
Here is link to my transaction: https://godex.io/exchange/completed/5c2792c904c79
It says it's complete but I didn't receive my BTC.
And Godex support says in email: "unfortunately, we can not refund the coins that we did not received"

So, it's easy to check if they received it or not. From transaction link you can see destination address, which is:
44tLjmXrQNrWJ5NBsEj2R77ZBEgDa3fEe9GLpSf2FRmhexPvfYDUAB7EXX1Hdb3aMQ9FLqdJ56yaAhi XoRsceGJCRS3Jxkn
and amount: 2.1647 XMR

Transaction ID for transfer I made from my wallet is: 98b2b47c2332ed76a46561c8b6b9396c5cbe53eb3b507b0b541aea4528deaeb3
Transaction proof: OutProofV16cWq5fdphsPfxo5H7hXqkLWbpSeChxUeLU32VqM5CETfM677w7N7K37SaSQAb3M2Gy3NS aJfFi7K3EyuWcsdZR4xZdJZAsFYGLqYdiZDrcz1C22UXNN92ScvwXV1APkcjcRL

With all that information everyone are able to check that they received what they wanted.

https://i.ibb.co/tH88L46/screen3.png
https://i.ibb.co/02tW8wh/screen1.png
https://i.ibb.co/4KmVm3N/screen2.png

So why they can't refund that? Who knows. For sure not support.

Look out, I lost my money but you don't need to lost yours. Please consider to use alternative service to exchange your coins.

Did you get your balance back?

Nope  Cry
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March 23, 2020, 04:57:13 PM
 #25

Hi everyone!

You might have experienced some difficulties with displaying personal account info, affiliate program and login on Godex.io. Don’t worry. This problem doesn’t affect your affiliate earnings. Our team are currently working to resolve these problems as soon as possible. We apologize for the inconvenience! Godex team committed to providing the highest level services, and we do everything for you to be satisfied with it.Thank you for your patience and understanding!

Godex.io team.

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March 24, 2020, 07:07:36 PM
 #26

Hi everyone!

You might have experienced some difficulties with displaying personal account info, affiliate program and login on Godex.io. Don’t worry. This problem doesn’t affect your affiliate earnings. Our team are currently working to resolve these problems as soon as possible. We apologize for the inconvenience! Godex team committed to providing the highest level services, and we do everything for you to be satisfied with it.Thank you for your patience and understanding!

Godex.io team.



Thanks for the update, it seems all pages are up and running now. With regards to your platform which due to no KYC verification may receive a lot of traffic, though the use of no KYC in itself is questionable since most governments want to implement KYC on exchanges, how long does your rate stays fixed for? This is potentially interesting given the market volatility.





BUY & SELL
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AFFILIATE PROGRAM




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March 24, 2020, 09:38:59 PM
 #27

Thanks for the update, it seems all pages are up and running now. With regards to your platform which due to no KYC verification may receive a lot of traffic, though the use of no KYC in itself is questionable since most governments want to implement KYC on exchanges, how long does your rate stays fixed for? This is potentially interesting given the market volatility.

Hi, thank you for asking!
The rate fixation remains if the deposit arrives within 30 minutes after the exchange is created.
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June 12, 2020, 10:46:28 PM
 #28

Hello friends, I have met all the requirements of the airdrop ... I leave you here my metamask wallet since I do not see the option ............
0x03046E06B5AFaB61F289a99807c5EF7E9AD85032, thanks, very good project.
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December 24, 2020, 05:25:25 PM
 #29


Hi everyone!

We'd like to introduce an official account of Godex.io on Bitcointalk🚀

Exchange without limits, KYC, and registration. More than 200+ coins.

We are pleased to share the latest results of our development:

💪  We added new coins: BEL, UNI, UMA, YFI, YFII, SXP, SUSHI, DOT, FTM, CRV.

💪  We activated Promo codes for a reduced fee for you.

💪  We created community chat with support https://t.me/godex_chat


Feel free to ask questions in chat and receive answers from Godex support.

Stay in touch with us:

Blog: https://godex.io/blog
Community Chat with Support: https://t.me/godex_chat
Twitter:https://twitter.com/godex_io
Facebook: https://www.facebook.com/godex.io/
Reddit: https://www.reddit.com/user/Godex_io
Instagram: https://www.instagram.com/godex_io/
Medium: https://medium.com/@account_94523
TrustPilot: https://www.trustpilot.com/review/godex.io

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December 24, 2020, 05:50:41 PM
 #30

Have a Merry Christmas, crypto community!

To celebrate we offer special 25% discounts on exchanges all Holiday week round

May everything on your wishlist come true. We wish you a wonderful Holiday season and Happy New Year!

Here we go: https://godex.io/?utm_source=social&utm_medium=chr
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December 24, 2020, 08:42:19 PM
 #31

Have a Merry Christmas, crypto community!

To celebrate we offer special 25% discounts on exchanges all Holiday week round

May everything on your wishlist come true. We wish you a wonderful Holiday season and Happy New Year!

Here we go: https://godex.io/?utm_source=social&utm_medium=chr

Yeah thanks I am still celebrating that you never gave me back my coins I tried to exchange using your service.
From that time I am using MorphToken and SimpleSwap which I recommend as very good, fast and trustworthy service, never had a problem like with Godex I described in previous posts.
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August 11, 2022, 06:21:14 AM
 #32

Can anyone tell if this exchange is legit?
Their Trustpilot seems kinda sus since they have like houndreds of 5-star reviews and a few legit looking really bad reviews about coins not being transferred.

I got an ad for this in brave browser and thought it looks kinda good as a dex without registration etc.
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August 16, 2022, 11:45:29 AM
 #33

Can anyone tell if this exchange is legit?
Their Trustpilot seems kinda sus since they have like houndreds of 5-star reviews and a few legit looking really bad reviews about coins not being transferred.

I got an ad for this in brave browser and thought it looks kinda good as a dex without registration etc.

Well, their page has been flagged by trustpilot lol. I'd look for an alternative in the Instant exchanges thread

Alert
We’ve found out that this company is breaching our terms of use with the way they’re displaying Trustpilot content. They could be showing an inaccurate star rating or TrustScore, or displaying reviews they’re not permitted to use. This could be misleading.

We wanted to let you know that this company hasn’t been playing by the rules. We take the integrity of our platform very seriously, and when we uncover misuse, we put a stop to it.

I'd also like to add that it's best to treat these instant exchanges as a CEX without registration since they're also centralized. They can block your funds and request KYC, not to mention a lot of them probably gets liquidity from CEXes like binance, hitbtc etc...

.
 MΞTAWIN 
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. PLAY NOW .
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August 17, 2022, 08:04:23 AM
 #34

~

Thanks for the explanation here! I will take a look at the instant exchanges thread Smiley
As you mentioned the connection to other CEXs I remember reading that most of these sites like Godex just take your order to a big exchange and therefore have such huge spreads as you are paying multiple transaction fees…
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August 12, 2024, 06:53:22 PM
Merited by icopress (1)
 #35

Just found out about the Godex.io affiliate program today. Very favorable conditions for work. Maximum you can get 0.6% from each transaction of your invited users. At the initial stage the affiliate percentage is 0.45%. Also a pleasant surprise is a bonus for registration in the affiliate program, which is 0.005 BTC, and the minimum amount of affiliate rewards that can be withdrawn is 0.015 BTC.

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..CASINO....SPORTS....RACING..


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August 12, 2024, 10:09:34 PM
Merited by hugeblack (2)
 #36

Who said that a signature campaign does not draw attention to a business? This exchanger has been here for 6 years but has been pretty quiet until now.
OP, it would be good to re-upload images using another image hosting service. It is recommended to use talkimg.com. For some time now, ibb and some other image host services have had certain restrictions according to Bitcointalk, so the images will not load every time.

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...SOL.....USDT...
...FAST PAYOUTS...
...BTC...
...TON...
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August 13, 2024, 11:25:37 AM
Merited by icopress (1)
 #37

We're happy to announce that Godex.io will run an event! Godex.io | BTC Price Prediction ' August 25 | WIN $50! is now OPEN!



Quote

Good luck to all participants!

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.
...SOL.....USDT...
...FAST PAYOUTS...
...BTC...
...TON...
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August 13, 2024, 06:23:56 PM
 #38

We're happy to announce that Godex.io will run an event! Godex.io | BTC Price Prediction ' August 25 | WIN $50! is now OPEN!
Remind me to prepare a new banner for the next contest  Wink

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August 13, 2024, 08:24:57 PM
 #39

I think Godex needs to add some upper limitations when exchanging coins, it's impossible to have no limits and publicly write about that like this:



I went ahead with testing and exchanging 10 million Bitcoins for monero, this was accepted, I received bitcoin deposit address, and Godex claims I should receive 4008405458 XMR.
In my second test I tried with 22 million Bitcoins and I was again accepted by Godex, this is not realistic at all, since there is no that much bitcoin in existence.
This should be fixed and corrected.


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August 13, 2024, 09:40:16 PM
Last edit: August 13, 2024, 09:55:03 PM by Hamza2424
 #40

I think Godex needs to add some upper limitations when exchanging coins, it's impossible to have no limits and publicly write about that like this:

I went ahead with testing and exchanging 10 million Bitcoins for monero, this was accepted, I received bitcoin deposit address, and Godex claims I should receive 4008405458 XMR.
In my second test I tried with 22 million Bitcoins and I was again accepted by Godex, this is not realistic at all, since there is no that much bitcoin in existence.
This should be fixed and corrected.

Hmm, you've raised a good point, it can impact the credibility and reliability of the service even though it's a small bug. Implementing input constraint limits could be a simple yet effective solution. I'm not sure if the team has something else in mind with supply validation, but even basic input constraints should do the trick. I don't have that much amount of Bitcoin Holding, so TBH in my view even a two-digit limit would be more than enough for most users like me.

Address validation is working properly. Wink

There's an old post regarding Airdrop in this thread haha what's that?

Just found out about the Godex.io affiliate program today. Very favorable conditions for work. Maximum you can get 0.6% from each transaction of your invited users. At the initial stage the affiliate percentage is 0.45%. Also a pleasant surprise is a bonus for registration in the affiliate program, which is 0.005 BTC, and the minimum amount of affiliate rewards that can be withdrawn is 0.015 BTC.

The withdrawal amount for the affiliate program is quite high, hehe let me calculate if I invite 10 people and they make 1 transaction per day worth $1k it will be around 13 days to reach 0.01BTC accumulation, and the gas fee would be around 1/5 th of affiliate reward if you are lucky enough..

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August 14, 2024, 10:00:35 AM
 #41

how long does your rate stays fixed for? This is potentially interesting given the market volatility.
The rate fixation remains if the deposit arrives within 30 minutes after the exchange is created.
This makes sense given that execution time is ranged between 5-30minutes which could be even faster.

A 0.6% bonus on affiliates is quite profitable and one that should be utilized. The unique registration codes for a means to keep track and ensure the affiliate earnings are lined up has been the best way to go about ensuring anonymity as well as keeping traces to what need be.

Sometime am having a look at however, the 0.005btc welcome bonus. This is something that abusers would look forward to salvaging. Sure the time are on the lookout for loosed ends.

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August 14, 2024, 12:31:54 PM
 #42

Address validation is working properly. Wink

Hey, I just tried to check this and I found a bug in address validation.

It is not working properly for taproot addresses.

This is an invalid address (which looks to be taproot but I deleted many of the last characters):
https://mempool.space/address/bc1p000027q726mrxxw7kag2xhuj57lktnn

Godex allows you to continue the swap:




This is the order
https://godex.io/exchange/waiting/c66bca3257a904

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August 14, 2024, 03:27:11 PM
 #43

It is not working properly for taproot addresses.
I just tried exchanging XMR to BTC with order Order ID c66bccc1c3c78e, and I used this invalid address bc1p88888888888888888888888888888
Godex website allowed me to go on next step and asked me to send my coins for exchange, this would result in lost coins.
I tried replacing letter P from address with Q and other letters but than it detected invalid address.


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August 14, 2024, 09:30:05 PM
 #44

The withdrawal amount for the affiliate program is quite high, hehe let me calculate if I invite 10 people and they make 1 transaction per day worth $1k it will be around 13 days to reach 0.01BTC accumulation, and the gas fee would be around 1/5 th of affiliate reward if you are lucky enough..
At least if someone makes one large transaction, then you won't have to wait many days. In fact, the most correct strategy would be to invite people to the project, waiting for a user with large amounts of funds that they are willing to use on Godex.io. It is worth considering that this is a platform without KYC, which means that there will be many people willing to anonymously exchange one cryptocurrency for another under such conditions. The main thing is to direct these users to the right place, namely Godex.io.

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August 14, 2024, 10:18:54 PM
 #45

Love how they have so many language translations for the site. Most of the service websites of this caliber have just a couple of them. I would like to point out a small translation bug when you click on any of the links under the top tier coins. It just goes back to English and the option to select different languages completely disappears.

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August 16, 2024, 02:40:03 PM
 #46

The withdrawal amount for the affiliate program is quite high, hehe let me calculate if I invite 10 people and they make 1 transaction per day worth $1k it will be around 13 days to reach 0.01BTC accumulation, and the gas fee would be around 1/5 th of affiliate reward if you are lucky enough..
The affiliate fee seems good, but I found the 0.01 BTC withdrawal limit too high. Depending on the success rate in retaining new users through the user's link, if the affiliate has little flow, it may take months for him to reach this requirement.

Let me get this straight, can I earn 0.005 BTC simply by signing up for the godex affiliate program? I couldn't find any information about this, if I have to reach a normal withdrawal requirement of 0.01BTC to get this prize.

Edit: I just saw that for the first withdrawal, you must reach a balance of 0.01 BTC, after that, you can withdraw with 0.001 BTC. This information is visible when you sign up for the program and go to withdraw.

Who said that a signature campaign does not draw attention to a business? This exchanger has been here for 6 years but has been pretty quiet until now.
OP, it would be good to re-upload images using another image hosting service. It is recommended to use talkimg.com. For some time now, ibb and some other image host services have had certain restrictions according to Bitcointalk, so the images will not load every time.
I would have never discovered this exchange if it wasn't for the recent launch of their signature campaign, I was surprised to learn that this exchanger has been in business for 8 years now according to their website.

 
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August 16, 2024, 06:03:04 PM
Last edit: August 16, 2024, 06:30:58 PM by xtests
 #47

I've just tested this exchanger and have a few suggestions to its operator.

My 5 LTC to ETH order was executed in approximately 30 minutes which is not bad given that the exchange was made through a third-party centralized exchange Binance.

I have sent my LTC to Godex in https://litecoinblockexplorer.net/tx/7060afed8f0e350c5d1deee313701c5d5f57f0795a2658db72dc7399c512356d and received ETH from Binance in https://etherscan.io/tx/0xb349cc6119aab92f8e9c1d63a922a6aa7403667ab8341c3ac14cfb88e2a2ec74



Given that Godex.io are Binance resellers, which is an irrefutable fact because (1) it's not my first time using them and they used Binance back in 2022 and (2) at this moment they still recur to Binance even for such insignificant amounts as 5 LTC, Binance's AML and ToS apply to all Godex.io customers.

It could happen that Binance may freeze a Godex.io's customer deposit and ask for KYC and source of funds, since as seen on my screenshot, Godex.io sent my funds to their Binance account's LTC deposit address LcpghLVryKAJLqh81by8cy7WNi9DUsVtHy (I have confirmed it through an blockchain investigation platform I have subscription on) before exchange was complete, which means they had to send my funds to Binance in order to get the other coin in exchange, which is proven by the payout transaction I mentioned above that also comes from Binance's Ethereum address.

I would strongly recommend Godex.io operator to update their ToS warning users about possible risks of funds suspension by Binance and refer to Binance's AML policies.

However I can tell from my own experience that if you exchange amounts below 0.5 BTC at Binance, the risk is minimal independently of your funds source, and the worst they can do is to suspend account's withdrawals, which might affect the Godex's KYCed account there.

Another thing I found a bit inconvenient is the misleading order's "Confirmation" page (shown on the screenshot above) that shows the deposit's status as "confirming by the network" meanwhile they exchange the coins on Binance. I would suggest to update the order's status to show the actual information like "We are exchanging your funds at Binance".
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August 16, 2024, 06:25:28 PM
 #48

Given that Godex.io are Binance resellers, which is an irrefutable fact because (1) it's not my first time using them and they used Binance back in 2022 and (2) at this moment they still recur to Binance even for such insignificant amounts as 5 LTC, Binance's AML and ToS apply to all Godex.io customers.
I am sure they are using different partner exchanges for trading, not only Binance, because they have monero coin trading and that is not available option on binance exchange anymore.
Godex should update ToS and maybe add a list of partners they are working with.


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August 16, 2024, 07:17:59 PM
 #49

Let me get this straight, can I earn 0.005 BTC simply by signing up for the godex affiliate program? I couldn't find any information about this, if I have to reach a normal withdrawal requirement of 0.01BTC to get this prize.

Edit: I just saw that for the first withdrawal, you must reach a balance of 0.01 BTC, after that, you can withdraw with 0.001 BTC. This information is visible when you sign up for the program and go to withdraw.

It would be a miracle if an affiliate program gave out 0.005 bitcoin to everyone for signing up for nothing. As is often the case, cunning users would immediately start creating multi-accounts in order to get as many such rewards as possible, and in the end it would not lead to anything good. And so is an additional incentive for members of the affiliate program to invite new users.

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August 16, 2024, 11:20:41 PM
 #50

At least if someone makes one large transaction, then you won't have to wait many days. In fact, the most correct strategy would be to invite people to the project, waiting for a user with large amounts of funds that they are willing to use on Godex.io. It is worth considering that this is a platform without KYC, which means that there will be many people willing to anonymously exchange one cryptocurrency for another under such conditions. The main thing is to direct these users to the right place, namely Godex.io.

Haha seems like you are one of those who make bigger transactions, i would love to invite you, but I dont know whether the affiliate links are allowed on the ANN threads in this section or not. Well that was just for fun, but I've seen a review from a member it would be great if some other old members of the forum shared their thoughts who had already tested the platform by making some transactions.
Address validation is working properly. Wink

Hey, I just tried to check this and I found a bug in address validation.

Hehe Seems like I've missed that one  Smiley

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August 16, 2024, 11:52:03 PM
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 #51

The affiliate fee seems good, but I found the 0.01 BTC withdrawal limit too high. Depending on the success rate in retaining new users through the user's link, if the affiliate has little flow, it may take months for him to reach this requirement.
To correct you, the first withdrawal minimum is 0.015 BTC (not 0.01 as you write). Also, this limit applies only to the first withdrawal. After that, the limit is 0.001.



It would be a miracle if an affiliate program gave out 0.005 bitcoin to everyone for signing up for nothing. As is often the case, cunning users would immediately start creating multi-accounts in order to get as many such rewards as possible, and in the end it would not lead to anything good. And so is an additional incentive for members of the affiliate program to invite new users.
But that 0.005 will be withdrawable only when your affiliate account accumulates a total of 0.015, so it is almost impossible to abuse this by creating more accounts.
By the way, I registered an account there, but I didn't get that famous 0.005 welcome bonus.

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August 17, 2024, 02:17:18 PM
 #52

By the way, I registered an account there, but I didn't get that famous 0.005 welcome bonus.

Yes, I created an account in the affiliate program too. And by default I was not credited the welcome bonus of 0.005 BTC either. But it is likely that the bonus will be credited after contacting the support team or after the first transaction from an invited user is processed by the system.

I liked the interesting advertising tools you can use on your resources by the way. For example, a widget like this one:


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August 18, 2024, 01:33:46 PM
 #53

Godex seems to me as the new way to exchange your crypto with 100% privacy because it doesn't require any KYC or registration and that means anyone can use it without any issues. I haven't yet tried it but surely I'll give it a try and I'll write a review about it.

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August 18, 2024, 05:15:12 PM
 #54

By the way, I registered an account there, but I didn't get that famous 0.005 welcome bonus.
It is indeed a nice way to advertising where you have to deduct meaning from terms that aren’t so clear or contact the support. There isn’t a way no one was going to get straight on 0.005BTC let alone withdraw that amount without having to fulfill some criteria which would be found out later on.
It’s not just a welcome bonus but, follows for the affiliates as well which means, your entitled to it but, under certain terms.

But that 0.005 will be withdrawable only when your affiliate account accumulates a total of 0.015, so it is almost impossible to abuse this by creating more accounts.
I don’t think it’s the 0.005 that becomes withdraw able after the accumulation of the 0.015 in the affiliates. The 0.015 in the affiliate accumulations counts for the limit on first withdrawal and afterwards, any amount above the transaction fee of about 0.0001BTC can go. In essence, anything 0.00012BTC>0.0001BTC. Reasonable amounts for sure so, you know what your getting.

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August 18, 2024, 10:59:49 PM
 #55

Godex seems to me as the new way to exchange your crypto with 100% privacy because it doesn't require any KYC or registration and that means anyone can use it without any issues. I haven't yet tried it but surely I'll give it a try and I'll write a review about it.
In the past, I actually thought they had certain instances where they would need KYC verification, but it seems I was wrong after skimming through their terms of service and privacy policy. I still wonder why they do not feature in the Kycnot.me ranking website. They could probably be among the top ranking sites there with a good high score.

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August 19, 2024, 07:57:55 AM
 #56

I am not a fan of the exchange rate and fees of this service. It's more than a 3% difference from the market rate for a BTC to USDT swap.

Godex seems to me as the new way to exchange your crypto with 100% privacy because it doesn't require any KYC or registration and that means anyone can use it without any issues. I haven't yet tried it but surely I'll give it a try and I'll write a review about it.
After a quick look through their Terms of Use, I also didn't find any mention of identity verification, but there is something else I found interesting. The exchange might be conducting some sort of risk assessment regarding the source of your funds. Here is what the ToS says:

Quote
You are prohibited from sending Godex digital assets that have been directly or indirectly obtained through any criminal or fraudulent activity, including terrorism or tax evasion. Godex reserves the right to refuse, postpone or cancel a transaction, which it perceives as a risk associated with criminal or fraudulent activity.
How would the exchange know if my money is associated with some degree of risk if it isn't conducting some sort of analysis or relies on a third party that provides it with such information?

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August 19, 2024, 12:01:11 PM
 #57

I often use such services, and to avoid problems now I try to check AML addresses with services

According to reviews, I found very few cases where KYC is requested
https://www.trustpilot.com/review/godex.io

Sometimes I have to change usdt(matic) to usdt(tron), but I did not understand how to do this. If usdt is selected in the sending line, then it is impossible to select usdt in the receiving line.

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August 19, 2024, 03:31:01 PM
 #58

The exchange is great and I loved it but it would be more easy if you guys would have added a way to directly change the network as I have to select the token again and then have to change the network type. And I visited almost every page but in order to go to exchanging page I have to visit homepage I hope if a exchange or something similar type of option given in the navigation menu on top. Although by clicking on logo we can reach the exchange page but a separate option will add beauty to the UI  Wink

Sometimes I have to change usdt(matic) to usdt(tron), but I did not understand how to do this. If usdt is selected in the sending line, then it is impossible to select usdt in the receiving line.
It's an excellent way to build trust in a service, I am shocked to see the reviews given to godex on trustpilot. I checked other coins as well like bnb (BSC) to BNB (ETH) and the exchange did not selected the same type of coin or token. Which means they have not allowed the exchange of same type of coin into same type but different network although it can be a great feature to add.

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August 20, 2024, 06:54:36 AM
 #59

...but it would be more easy if you guys would have added a way to directly change the network as I have to select the token again and then have to change the network type.
Good catch! I didn't notice this the first time I visited the exchange. It should be an easy fix to do this. A dropdown menu could be added next to the network the same way we have it for coins. A simple click on it would display all available networks and allow customers to switch between them.

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August 20, 2024, 11:28:33 AM
 #60

I liked the interesting advertising tools you can use on your resources by the way. For example, a widget like this one:

yes, it's not bad, although "iframe" is not the most desirable choice in 2024, there are more adaptable and responsible solutions.

...but it would be more easy if you guys would have added a way to directly change the network as I have to select the token again and then have to change the network type.
Good catch! I didn't notice this the first time I visited the exchange. It should be an easy fix to do this. A dropdown menu could be added next to the network the same way we have it for coins. A simple click on it would display all available networks and allow customers to switch between them.
Perhaps a click on the field for entering the deposit address can call up the network selection function.
I would even add a warning message, which will warn the user which network is selected and to possibly check again.

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August 20, 2024, 12:07:09 PM
 #61

I liked the interesting advertising tools you can use on your resources by the way. For example, a widget like this one:

yes, it's not bad, although "iframe" is not the most desirable choice in 2024, there are more adaptable and responsible solutions.
When you say a more responsible solution, how do you mean:
Is this due to the fact that, iframe HTML don’t work with several webpages, given that it’s disabled by a lot of them or there are some other reasons to this?

However, it’s a common widget we’ve got here and people sometimes like to stay traditional as it’s an easy to understand display.

Perhaps a click on the field for entering the deposit address can call up the network selection function.
I would even add a warning message, which will warn the user which network is selected and to possibly check again.
Yeah, some form of automation could help in this regard, having to generate a network based on input address and room for possible selections and a warning sign that would prompt users to go over input details due to irreversible nature of transactions to a wrong address.

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August 20, 2024, 02:06:49 PM
Merited by dkbit98 (1)
 #62

Godex.io will continously give a new set of event! Godex.io | BTC Price Prediction ' September 01 | WIN $50! is now OPEN!



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Good luck to all participants!

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August 20, 2024, 02:53:03 PM
 #63

I just want to ask anyone here I am trying to exchange my BTC to Ronin, XRP, USDT even other cryptos it seems the minimum limit is $160 equivalent?

Is there any option where you can exchange BTC or dogecoin below $160(equivalent)? I read the FAQ it said there's no minimum exchange limit I read it under "What is Godex?". quoted below.

Quote
There is no exchange limits. Only minimum amount of payment for your transaction to be included in the network.

I think it needs to be edited or added to the FAQs, how much exactly the minimum limit can be traded or swapped?

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August 20, 2024, 03:40:11 PM
 #64

I would even add a warning message, which will warn the user which network is selected and to possibly check again.
I assume and hope that something like that is already present when you enter the receiving address where you want to receive the exchanged coins. If you enter an address from network #1 but you have selected network #2 of the same crypto asset you should get some type of warning to notify you that you are about to make a mistake.

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August 20, 2024, 04:35:46 PM
 #65

Website looks clean and I will test it in a few days, once I got a little more time.

Also love the decent L2 support:



Source: https://godex.io/

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August 20, 2024, 06:15:00 PM
 #66

I don't know if this bug has been mentioned before (but I did a quick check over this thread and didnt find it)

If you try to generate the widget inside the affiliation page (https://godex.io/stats/widget), you get this error:


https://godex.io/stats/widget

The widget is quite nice, but this bug might be problematic for users who wants to add the widgets to their pages/blogs

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August 20, 2024, 06:43:44 PM
 #67

I don't usually have other currencies besides Bitcoin. So I end up not having many changes to make.

But, I was checking, and although Chia (XCH) is listed on the website, it is not possible to exchange it for another currency. Although on the currency page, indicate whether it is possible to exchange.
How Can You Convert Chia ?
The easiest and fastest approach to exchange a coin is to make an trade on the platform Godex.io. You shouldn’t  to register and confirm your identity. You can simply go to the site and exchange the  Chia for 1 of the 300+ other coins.

Is there a way to change Chia or not?

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August 20, 2024, 07:35:18 PM
Last edit: August 21, 2024, 11:36:51 AM by bitmover
 #68

I have translated this topic to portuguese:

https://bitcointalk.org/index.php?topic=5506789.new#new

I was going to make a SWAP to test the service, but I was impressed by the minimum amounts!!

Minimum  1.7 SOL = 250 USD
0.06 ETH = 155 USD
0.003 BTC = 180 USD
2.38 LTC = 150 USD

I think those values are way to high to average users.  Can't this be changed?

According to the FAQ , the minimum amount should only exist to cover mining fees
Quote
blockchain requires to pay so called Miner Fee, so Godex.io has a minimal transaction volume to cover it.
https://godex.io/faq

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August 20, 2024, 09:50:07 PM
 #69

First feedback:

Looks very simple and clear
Website also in German available, top!
Will swap some shitcoins to BTC if I need that

Have linked the exchange to the German newbie section / link list.
Have a look into the first page from our German newbie section, maybe also interesting links for all…

https://bitcointalk.org/index.php?topic=5299615.0

Best regards,
Willi

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August 21, 2024, 09:22:14 PM
Merited by bullrun2024bro (1)
 #70

The UI looks good, as a typical quick coin-swap service. However, I'm disappointed about the following:

  • You don't accept LN.
  • You generally don't accept small amounts. The min BTC deposit has to be 0.003, and the min XMR deposit has to be 1. Your main competitor (eXch) allows exchanging negligible amounts.
  • You don't clarify to the user what the percentage of the amount will be paid as a fee. I've been searching this for a couple of minutes, and I couldn't find the pricing of fixed and variable rates. (Not even in the FAQ.)
  • You seem to me a little bit more pricey. For example, with 1 BTC you get 939 LTC in your platform, whereas in your competitor I could get 949, which is 1% of the amount, but still, quite a lot for large amounts. (However, you do charge less for XMR, and that's a good thing.)

That being said, I wish you the best.  Smiley
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August 22, 2024, 03:35:57 AM
 #71

It is a nice design and the fact that the platform supports so many different coins is a very good advantage over the competitors in this category. I specifically liked the Tether support on all the chains it exists on.

But like all of them this platform has the same disadvantage which is the offered exchange rates, which is the "hidden fee" for using such services. Fore example right now the bitcoin exchange rate is between $2000 and $3000 below the market value depending on the amount of bitcoin you want to sell (the smaller btc the bigger the gap).

For example on the other platform that is advertising on this forum as well exchanging 0.01 bitcoin would give you $598 (current price is 60k so $2 fee) but on Godex it will give you $577 ($23 fee). That is too expensive.

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August 22, 2024, 06:54:56 AM
 #72

I think those values are way to high to average users.  Can't this be changed?


Although they fix an average of $160 as a minimum for most trading pairs, most of the complaints about them were not due to that.

This platform is a good option for those who want to search for a trading pair that may not be available on most platforms, so changing the average minimum to $50 will increase the number of transactions.

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Wheel of Whales 🐳


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August 25, 2024, 07:00:46 AM
 #73

Just a quick review, in terms of the user interface its user friendly and its easy to navigate the platform without too much hassle also I like being creative in the part "How it works" it gives an explanation and imagery at the same time for the viewers, also the website is responsive, I tried to exchange some of my BTC into other coins in terms of being responsive with the coin you choose it takes like almost 5 - 7 seconds before it loads the specific coin I choose well in my part its not too much an issue, next is once you choose a coin there's a network under this I guess its ideal if you add a plain text or header text with it as indicator to choose a network. Also it detects an invalid address which is good too. In terms of transaction I don't have a trouble yet beside on the minimum transaction needed.

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PK


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August 25, 2024, 06:48:34 PM
 #74

I think it needs to be edited or added to the FAQs, how much exactly the minimum limit can be traded or swapped?

Hmm, I've seen many posts regarding the same point on this page, well for an average trader minimum limits should be constant like we see on the centralized platforms where $10 is a standard limit for every pair, I'm not saying it should be $10 here as well but in order to attract more traders the minimum trade amount should be as lower as possible.

I'll try some pairs soon, to check the fees structure as well.

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August 26, 2024, 01:09:54 PM
 #75

I think those values are way to high to average users.  Can't this be changed?


Although they fix an average of $160 as a minimum for most trading pairs, most of the complaints about them were not due to that.

This platform is a good option for those who want to search for a trading pair that may not be available on most platforms, so changing the average minimum to $50 will increase the number of transactions.


I also agree that the minimum exchange value should be way less. I tried exchanging 0.001 BTC (around $60) and I couldn't do it. It says that minimum is 0.003 BTC. That's OK for a well-established exchange, but for a new exchange I would rather test it with 50 bucks or so and if that goes well, I would be OK to exchange more.

Also, when choosing a currency it's pretty laggy. It takes about a second or two to open a menu with currencies. Maybe it's because there is a lot of currencies offered, but maybe the solution is not to display any currency until a user start typing the name of the currency.

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Wheel of Whales 🐳


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August 27, 2024, 01:46:09 PM
Merited by hugeblack (4)
 #76

The result of the last event is out! Congratulations to our winner!

hosseinimr93 - Godex.io | BTC Price Prediction ' August 25



This event is just having a cold start! because the next event is Godex.io | BTC Price Prediction ' August 25 | WIN $50! is now OPEN for predictions!



Quote

Make your predictions now on the next event! Good luck to all participants!

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.
...SOL.....USDT...
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Wheel of Whales 🐳


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August 29, 2024, 12:52:10 PM
 #77

  • You don't clarify to the user what the percentage of the amount will be paid as a fee. I've been searching this for a couple of minutes, and I couldn't find the pricing of fixed and variable rates. (Not even in the FAQ.)

This is the easiest issue to address so I would suggest to the OP that they take care of this as soon as possible. The other issues might require a lot of man-hours of programming to fix, so I guess we shouldn't be surprised if we don't see those changes implemented until at least October. Even the reduction of the minimum trade amount, because maybe that would eat into their fees.

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Wheel of Whales 🐳


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August 30, 2024, 02:18:43 PM
 #78

We are giving a friendly reminder that one of the games will close soon, for those who haven't made their prediction yet, it's your chance. Approximately less than an hour before the thread close. Good luck to all participants!


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$120k seems impossible?


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August 30, 2024, 03:28:53 PM
 #79

Hmm, I've seen many posts regarding the same point on this page, well for an average trader minimum limits should be constant like we see on the centralized platforms where $10 is a standard limit for every pair, I'm not saying it should be $10 here as well but in order to attract more traders the minimum trade amount should be as lower as possible.

I'll try some pairs soon, to check the fees structure as well.

About the limit, it seems it's around $160 no changes yet on the minimum but I hope they should decrease the minimum limit there's a similar service offer here on the forum but the minimum limit they offer is below $50 which is better the only problem is that they have AML policy that is the good thing here on Godex no AML means no KYC needed. However, the minimum limit will force you to deposit more than $160 in crypto I don't think all of us could afford it I'm sure only customers would use this service are big companies.
I hope Godex change the minimum limit because there are many small traders out there who looking for exchanges like this with no KYC with lower minimum limit.

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Wheel of Whales 🐳


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August 31, 2024, 10:55:09 PM
 #80

However, the minimum limit will force you to deposit more than $160 in crypto I don't think all of us could afford it I'm sure only customers would use this service are big companies.
$160 is not a large amount and this does not mean that the exchange is only for big businesses.
I would certainly support the proposal to consider reducing the minimum limit. So, for example, if I only need a certain amount of some currency, I am forced to buy more than I need, and later I have to look again for a solution of what to do with that excess.

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September 01, 2024, 08:35:53 AM
 #81

Indeed, $160 isn't that much, but I'm not sure where they're going with this. On a technical level, it probably doesn't impact their fees or operations much whether folks are trading $160 versus $16.  The fees likely stay the same no matter the trade size. 

Maybe theyre trying to dissuade smaller-time traders from overwhelming their system.  Or perhaps they got other motivations for setting the bar so high but it's a bit of a bummer especially with Godex still being kinda unknown.  People are rightly wary of new services like this, so letting people start small would make sense while they builds up trust. 

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September 02, 2024, 08:16:59 AM
Merited by klarki (2)
 #82



Maybe theyre trying to dissuade smaller-time traders from overwhelming their system.  Or perhaps they got other motivations for setting the bar so high but it's a bit of a bummer especially with Godex still being kinda unknown.  People are rightly wary of new services like this, so letting people start small would make sense while they builds up trust. 

This could be done by imposing high fees or delaying withdrawals in order to reduce fees but since Godex.io has been operating for many years, this might be their way. I hope we can get a minimum of $50, the service is good and supports almost all cryptocurrencies.

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September 02, 2024, 03:42:12 PM
 #83

Previously, I tried to see the exchange rate of all the coins listed on Godex.io, but when using the sort filter, both ascending and descending, the ordered list did not change according to the desired filter.

Is the sort feature not working yet?




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September 02, 2024, 04:24:46 PM
Merited by klarki (2)
 #84

  • You don't clarify to the user what the percentage of the amount will be paid as a fee. I've been searching this for a couple of minutes, and I couldn't find the pricing of fixed and variable rates. (Not even in the FAQ.)
I came here to say exactly the same thing: I was looking all over the website for the commission fees but I couldn't find any info and, to me, that is kind of a big problem because I think users should clearly know in advance how much they are going to pay. And for sure many users without this info won't even try the service.



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September 03, 2024, 10:08:25 AM
Merited by Ale88 (1)
 #85

  • You don't clarify to the user what the percentage of the amount will be paid as a fee. I've been searching this for a couple of minutes, and I couldn't find the pricing of fixed and variable rates. (Not even in the FAQ.)
I came here to say exactly the same thing: I was looking all over the website for the commission fees but I couldn't find any info and, to me, that is kind of a big problem because I think users should clearly know in advance how much they are going to pay. And for sure many users without this info won't even try the service.
Their fee seems to be calculated in the price difference. For example, at the moment, the price of Ethereum on their platform is $2436 (floating rate) while on CMC is $2502. The difference is a little less than 3% and that could be the exchangers fee.
This is still competitive, considering the withdrawal fee from major CEXs, plus KYC is not required.

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September 03, 2024, 12:20:53 PM
 #86

Their fee seems to be calculated in the price difference. For example, at the moment, the price of Ethereum on their platform is $2436 (floating rate) while on CMC is $2502. The difference is a little less than 3% and that could be the exchangers fee.
That’s actually what it is haven’t compared the price with LTC. It’s always about the 3% increase, not up to actually as it ranges between 2.65%+.
While LTC was priced at $65.9 on CMC, Godex.io had it at $65.83 which brings our difference to be just $0.07 which is so low.
Better still, you can switch between floating and fixed fee to stabilize the fee as you met it within a 30minutes transaction time frame. It’s a good way to deal with volatility and price fluctuations.

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September 03, 2024, 04:46:36 PM
 #87

  • You don't clarify to the user what the percentage of the amount will be paid as a fee. I've been searching this for a couple of minutes, and I couldn't find the pricing of fixed and variable rates. (Not even in the FAQ.)
I came here to say exactly the same thing: I was looking all over the website for the commission fees but I couldn't find any info and, to me, that is kind of a big problem because I think users should clearly know in advance how much they are going to pay. And for sure many users without this info won't even try the service.
Their fee seems to be calculated in the price difference. For example, at the moment, the price of Ethereum on their platform is $2436 (floating rate) while on CMC is $2502. The difference is a little less than 3% and that could be the exchangers fee.
This is still competitive, considering the withdrawal fee from major CEXs, plus KYC is not required.
Ok, but even if it's already calculated in the price difference it would be nice (and very useful) to know in advance what percentage is. Also because maybe you notice the price difference and you assume that is the cost of doing the trade while other people could simply decide to pass and use another service because they fear there could be some unpleasant surprise after they chose to proceed. And I would be part of the second group to be honest. Less than 3% for a NO KYC is actually good, I don't understand why they should try to hide it, I would do exactly the opposite, let people know it's less than 3%.



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