Godex.io ♻️ Anonymous Crypto Exchanger

[dkbit98]

According to their FAQ (https://godex.io/faq), they work with Bitfinex, HITBtc, Binance and others.

Thank you, that was a good find.
This means that Godex is probably using exchanges like Bitfinex or HitBTC for exchanging monero since they are still supporting this coin and they have decent volume.
I don't remember ever using this exchanges directly so I don't know their policy about freezing coins.

[NotATether]

I don't remember ever using this exchanges directly so I don't know their policy about freezing coins.

In case you are referring to freezing monero, as opposed to all other coins, then I'm not sure how they would even detect such a thing. Monero transactions cannot be traced, so it is practically impossible to taint it. It would have to be "account-based" i.e. freeze all the XMR because somebody is trading amounts that are too large or something like that.

[dkbit98]

In case you are referring to freezing monero, as opposed to all other coins, then I'm not sure how they would even detect such a thing. Monero transactions cannot be traced, so it is practically impossible to taint it. It would have to be "account-based" i.e. freeze all the XMR because somebody is trading amounts that are too large or something like that.

Few days ago I was reading in bitcointalk forum about one guy who used one centralized exchanges, and he was sending monero.
After some time they didn't allow him to withdraw his coins and they asked for proof of origin for his monero coins.
This is the first time I heard something like that, but it's obviosuly happening because he posted screenshot proof.

[swapgate.io]

Your service sounds like a solid choice for those seeking privacy in crypto exchanges! However, we noticed that the minimum amount in XMR that can be exchanged on Godex.io is 1. Do you plan to decrease it to 0.5 at least?

[hugeblack]

Your service sounds like a solid choice for those seeking privacy in crypto exchanges! However, we noticed that the minimum amount in XMR that can be exchanged on Godex.io is 1. Do you plan to decrease it to 0.5 at least?

They have an average minimum withdrawal around $160 for most trading pairs, I don't know why? But even the less popular tokens have the same minimum, if it was reduced to $50 it would be perfect.

[examplens]

Only information about successful orders is kept for two weeks. However, if the order has any issues, such as a high-risk deposit needing to be refunded, we confirm the refund address with the user through email correspondence (not the chat!) and send the refund with the transaction fee deducted.

Is there any case, publicly stated, where this scenario really happened, that Godex exchange refunds users money after an AML check?
It would be interesting to hear the user's experience in such cases because I think this is the only acceptable scenario for exchangers to be no-KYC while remaining in compliance with the imposed AML rules.

[God Of Thunder]

This means that Godex is probably using exchanges like Bitfinex or HitBTC for exchanging monero since they are still supporting this coin and they have decent volume.

The first two exchanges, Bitfinex and HitBTC, do not have a very good reputation on the market. I won't say anything about Binance since I haven't noticed many complaints recently. I don't think people will directly use these platforms. But since Godex uses those exchanges, if anything happens, that will happen with Godex, and they would handle it if I am not wrong.

Few days ago I was reading in bitcointalk forum about one guy who used one centralized exchanges, and he was sending monero.
After some time they didn't allow him to withdraw his coins and they asked for proof of origin for his monero coins.
This is the first time I heard something like that, but it's obviosuly happening because he posted screenshot proof.

I saw the same thread on BitcoinTalk that you are talking about. According to that guy, he actually mined them a long time ago, back in 2017 or something like that. Now, the platform is asking for proof of the source of funds. I forgot the details and I was searching for that thread again while writing this post but couldn't find it. I don't remember the exchange name as well. But I guess the exchange had some bad intentions. I don't see any other reason why they would freeze someone's XMR without any complaints from the authorities or if they cannot detect where it came from.