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Godex: a Crypto Exchange Service Review

20 August 2020 09:49, UTC
Massimo Di Giuda

Brief info:

  • Website: https://godex.io;
  • Year of launch: 2017;
  • Number of available cryptocurrencies: more than 200;
  • Application processing time: 5-30 minutes before receiving the cryptocurrency;
  • Affiliate program: yes;
  • Trade volume limits: none

The crypto exchanger works as follows.

1.First, you need to select a pair of cryptocurrencies for exchange, the original and required, for example Bitcoin and XRP.

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The exchange rate will be fixed in the window, and after that you need to fill in the field with the XRP address, where the cryptocurrency will be transacted after the exchange.

2. Then the system will offer to send the selected amount in bitcoins to the generated address.

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This will be followed by a confirmation window, where it will be necessary to reconcile everything again, and a few minutes after the Bitcoin transaction, XRP will be credited to the address indicated at the beginning. Godex warns that the cryptocurrency deposit time ranges from 5 to 30 minutes. However, for volumes above 1 BTC, this interval may increase.

For convenience, there are two lists in the "exchange rate" tab: one with the most profitable cryptocurrencies in 24 hours, the second, on the contrary, with the most unprofitable ones. There are two options for these lists — price dynamics in dollars and BTC.

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The benefits

  • Lack of AML / KYC. In 2020, there are still a lot of attempts to disclose the names of the owners of cryptocurrencies, so anonymity is a big plus for the exchanger.
  • More than 200 cryptocurrencies are available for the exchange. For 3 years of Godex’s existence, the number of available tokens is constantly increasing, and this process will continue in the future. Those altcoins that are not available now, are likely to appear in a month. Users can influence the listing of the required token — they need to contact the company via communication channels specified in the contacts section. The company makes money on the exchange service, and, like any business, it will try to do the best to satisfy the potential customers’ needs.
  • Fixed exchange rate held for 30 minutes. The situation when less cryptocurrency will be credited to the account than it was shown on the screen before the start of the exchange is impossible.
  • Affiliate program. Godex provides 0.005 BTC as a signup bonus and 0.6% per transaction. Detailed terms and conditions here.
  • No limits on the volume of the transaction. It makes no sense to split a large volume into several transactions. There are also no daily, weekly, and other limits.

Presence on social networks and forums

You can contact the company through the feedback form on the website or through the channels listed below. Godex also publishes its news and announcements there.

  • Twitter;
  • Facebook;
  • Medium;
  • Instagram;
  • Bitcointalk;
  • Reddit.

Like any other exchanger, Godex is best tested on small amounts, building your personal trust in the service little by little. You can start using the service right now — just follow the link.