We potentially saved the best for last with Godex, an exchange with an extensive selection that has been dedicated to protecting the privacy of its users since 2017. Godex has never requested personal information from its users beyond an email address. It is considered to be among the most reliable and efficient swapping services though remaining hidden under the radar from most of the crypto community. Godex boasts quick, limitless transactions with fixed rated, usually completed within 5-30 minutes.
Unlike all the other exchanges listed in this review, Godex goes out of their way to state exactly what their privacy policy is, exactly what they will or won’t ever request of their customers, and list all the steps they take in order to assure the anonymity of their customers is maintained. They provide a great deal of transparency in their operations, which is rare, and a sign of an honest operation.
Probably the best feature of Godex is the fact that they use a fixed rate from beginning to end. This way it is possible to know exactly how many coins you are getting ahead of time, with none of the worry about what kind of a rate you actually end up getting. Clicking the refresh button will update the rate, which is constantly changing.
Godex supports over 200 coins and tokens, with some of their most popular trading options being BNB, XRP, XMR, ZEC, USDT, TRX and ZRX. At 3 – 3.5%, the overall fee can be a bit high compared to similar exchanges, but it is worth piece of mind that you will never have to provide your personal information or worry about getting ripped off altogether. There are also no limits on how many swaps a user can conduct in one day, and no dollar limit to each swap.
Godex says they have plans to launch apps for both Android and iOS devices in the near future. It’s hard to imagine these plans surviving the complex legal hurdles involved in getting such an app made available to a global audience, but we give them credit for trying. It says a lot about the company’s highly-private owners and their commitment to providing a fully-anonymous means of swapping coins.
Although Uniswap has certainly taken a bite out of the business of anonymity-minded swapping services, the demand for intra-blockchain swaps is still on the rise, thanks to the stupendous growth of cryptocurrency markets so far this decade. Making proper use of these types of services can not only save time and money but also prevent headaches involved with KYC procedures. They may not be as fancy as traditional crypto exchanges but they tend to be a lot more user-friendly and less privacy-invasive. For such reasons, these types of exchanges provide a valuable service to the crypto community and are worth adding to any trader or investor’s arsenal of tools.
