Trade, Store, and Accept Cryptocurrency as Payment!

[Polyxchange]

One may find it difficult to handle cryptocurrencies sometimes. But we solved this bothering issue. Now it is way easier to trade, store, and accept crypto as payment!

Our mission is to integrate all popular crypto services in one product. Extremely handy, this solution includes the following components:

• A simplified exchanger for fast purchase and sale of bitcoins or altcoins.
• A crypto exchange with a full-power professional interface.
• A crypto portfolio for monitoring the dynamics of the owned assets.
• A merchant to receive payments in cryptocurrency.

We started beta testing in March 2019 and have already added 9 coins and tokens: BTC, ETH, XRP, BCH, EOS, LTC, USDT, DASH, REP. We keep evolving, incorporating valuable cryptocurrencies and trade pairs.

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[Slow death]

In your site there are no have: TOS and FAQ

and does not say anything about who is the owner of the site or the location of the site

Registrant Organization: Whois Privacy Corp.
Registrant Street: Ocean Centre, Montagu Foreshore, East Bay Street
Registrant City: Nassau
Registrant State/Province: New Providence

http://whois.domaintools.com/polyx.net



But you are anonymous

and here: https://polyx.net/en/blog/

Only talk about Libra.

[Ezio_Auditore]

I am interested in the KYC procedure on your exchanger. Tell me, it is necessary to pass or for small trades it does not matter?

[Ezio_Auditore]

Very few exchanges work with the Euro. Why did you choose this currency? Why do you have such a small selection of languages on your website? Only English and Russian.

[simplemachine1]

Very few exchanges work with the Euro. Why did you choose this currency? Why do you have such a small selection of languages on your website? Only English and Russian.

More to come!We are using euro cuz it's popular in Europe

[cabalism13]

Does working with KYC really needed for all of the accounts?
I find it quite hard on your KYC as it really needs a Proof of Billing,... Would you mind giving another option? I also can't find any good reason on why I should spend my time and money getting a Government Certification regarding my Current Address just to finish a KYC. Besides Government certificates are tend to have a duration on when can it only be used. I suggest to refrain your website from doing this as we already provided Proof of Identification (Valid IDs) and a Picture of ourselves, and I think that should be enough dealing with your KYC for it doesn't have anything to do with our places or addresses.

It's quite a hassle on doing those address verification especially for those who are likely living on an apartment. I hope you can consider.

Valid IDs, Email Verifications, Contact Verifications, 2FA, Face Identification. That's already a lot if you ask me.

As for those who will try to say that "No one is enforcing you to do KYC" then how can you even use the platform fully, if KYC is like a hindrance.
Just as I said, I suggest to have the address verification to be optional.

[Slow death]

Polyx is not anonymous: company name and addresses are listed in PDF documents, and licences are listed in AML document.

Isn't it anonymous?

I checked all these places:

https://mtr.mkm.ee/taotluse_tulemus/493615#__ldandmed

https://polyx.net/static/docs/EN_User_Agreement_site.pdf

https://polyx.net/static/docs/EN_Privacy_policy_site.pdf

https://polyx.net/static/docs/EN_Risk_warning.pdf

https://polyx.net/static/docs/EN_AML_Policy_site.pdf

and I didn't see the exchange owner's faces

and I didn't see exchange headquarters

[Mike Mayor]

SCAM ALERT!!!!!!

Asking for KYC is a no no, yet you begin with but asking for KYC to be handled and conducted by yourselves?? Are you kidding me?? YOu supposed to use an offically licensed KYC company not yourselves holy shit.
You random internet people why the hell would we show you our KYC.

I bet you they will lock bounty funds until they give KYC.

Asking for KYC does not make you legit.
I don't need to know who you are and you don't need to know me.

KYC=More readily available documents to steal.

[cabalism13]

cabalism13, you're right that this is not entirely convenient. We introduced this procedure "AS IS" some time ago and now our legal team is actively working to simplify it. Our main goal is to be the MAXIMUM easy-to-use law-abiding service.

So is it possi le to think and expect that you're gonna make a change regarding this matter? I'll have to hear some updates for me to work with your KYC again, for I will not make an effort going to the governemnt office just to complete the details you need.

I really hope you can consider or even make this an optional matter when doing KYC. Will soon get back to you after you make a change. Good Luck Buddy.

[TopTort777]

POLYX is a Scam exchange, Polyx created by Cashbery team

I’m not protecting Polyx, but where is the proof of your words?

Look At Polyx Capital: ONLY 2500$, no more than joke.

They dont have even 1 Bitcoin.

This is just the price to register a limited liability company is Estonia. This is not company’s capital. Study bookkeeping (fixed capital and working capital).

But what looks bad with Polyx is their bounty. Spreadsheets are not filled with stakes/info/satoshi. No one can answer when and how bounty hunter will be paid.

[TopTort777]

I’m not protecting anyone. I’m just used, if there is an accusation, then there is proof. Take a look on Scam Accusation section and how everything is organized there.

[Bttzed03]

Follow this thread.

Bounty Thread: https://bitcointalk.org/index.php?topic=5174766.0 (archived)
Official Account: https://bitcointalk.org/index.php?action=profile;u=2606292
What happened?: PolyX paying less to what they are supposed to because of their own mistake.

Short story:
They launched a six-week campaign from Aug 21 - Sep 22 but they decided to cut it short to 4 weeks. The decision to stop the bounty was announced Sep. 6 which was 2 days before the 4th week ends. I believe the decision to end the campaign was due to a mistake they made which they openly admitted  on telegram. (Please note also that they counted those reports submitted on or before Sep. 6 but did not give a chance for others to submit after the decision).


(archived)

What adjustments they did?

• Removed telegram campaign as you can see in the image
• Added 532,500 sats to the bounty pool
• Changed their fix reward system to stake-based

Changing the reward system was the most unfair decision they made. If you check the bounty spreadsheet, you can see that rewards given were originally fix (and in satoshis).

Example:

In the Twitter campaign, the rule says:

For each tweet + retweet you will receive 20 000 Satoshi (maximum of 2 per week)

Let's use the first participant on the spreadsheet as an example. He/she is supposed to receive 160,000 sats but with the adjustment the team made, he/she will only be receiving 40,000 sats (160K/10.47M*2.6175M) instead.

They have a plan to launch another campaign but before doing so, I hope they pay the first round participants their due reward.

[Vesel_A]

I’m not protecting anyone. I’m just used, if there is an accusation, then there is proof. Take a look on Scam Accusation section and how everything is organized there.

On Your little evidence of their fraudulent behavior?

[TopTort777]

I’m not protecting anyone. I’m just used, if there is an accusation, then there is proof. Take a look on Scam Accusation section and how everything is organized there.

On Your little evidence of their fraudulent behavior?

What do you mean ? I don't have any connection with Polyx exchange.

Besides, I've checked their bounty thread and saw they cut bounty rewards. This is either unprofessional work of bounty manager, or they decided to cheat bounty hunters un purpose.

[Vesel_A]

I’m not protecting anyone. I’m just used, if there is an accusation, then there is proof. Take a look on Scam Accusation section and how everything is organized there.

On Your little evidence of their fraudulent behavior?

What do you mean ? I don't have any connection with Polyx exchange.

Besides, I've checked their bounty thread and saw they cut bounty rewards. This is either unprofessional work of bounty manager, or they decided to cheat bounty hunters un purpose.

Looks like they originally planned to trick the bounty hunters.

[yazher]

I'm here to confirm that I successfully got the payment on Signature and Twitter campaign.
I wish success for the Polyx team!
I hope to join the next stage of the bounty.

You can see it here Guys everyone has been paid including me:
https://docs.google.com/spreadsheets/d/1gCQYr_Wx-Qu-6vDpFdKF6St7w6UAmhUGzohSGxewcrA/edit#gid=929808406

[Obianuju96]

Payment received thanks polyx
Looking forward to the next stage..

[Softlove]

Btc payment received, it's a really nice exchange already trade my btc for eos, though volume is still pretty much low but with time it's gonna get interesting.

[Pab]

Payments received
Thanks

[bakasabo]

I've also received payment, but not going to say "Thanks".

Because due to inexperienced BM or the team, they failed with the correct amount to be paid. I've received only 1/4 of what I should have received.

Bounty topic has "1st step of bounty campaign" in its name. Probably there will be a second round. I advice not to participate in it.