Exolix Review – Scam or Not?
About Exolix.com
Exolix is an anonymous service for instant cryptocurrency exchange. This platform allows users to swap cryptocurrencies with fixed and floating rates, while having no maximum/transaction limits. Users don’t have to registrate to swap their crypto, as Exolix works as a non-custodial exchange.
Exolix was founded in 2018 and is registered in Ukraine. The Exolix team remains anonymous due to privacy principles.
Exolix website and social media:
The platform is fully operational and available in English, Russian, German, French, Portuguese, Czech, Spanish, Polish, Turkish, Japanese, Chinese and Korean.
Supported countries
Exolix works in European, Asian and Southamerican countries. However, Exolix’ services are restricted in multiple countries like USA, Afghanistan, North Korea, Crimea, Sevastopol, Democratic Republic of the Congo, Eritrea, Libya, Somalia, South Sudan, Sudan, Yemen, Iran, Iraq, Cuba, Syria, Mali, Central African Republic, Guinea-Bissau, Lebanon and all the countries subject to the UN Security Council sanctions list.
Features of Exolix
Exolix has gained popularity as an anonymous crypto exchange platform, while supporting hundreds of cryptocurrencies for instant swaps. Among the main features of Exolix, we can find:
- In healthy network conditions, swaps can take only 5 minutes. Congested network conditions could delay swaps up to 30 minutes.
- Fixed and floating rates: The fixed range feature protects users from market volatility, setting an exact price level for 60 minutes for the swap. Floating rates will begin the swap at the current market price, like a market order would.
- Anonymity: There are no registration or KYC requirements to use the service.
- Transparency: Users are allowed to track their transactions during every stage until it’s confirmed.
- No exchange limits: Swap how many cryptos you want, how many times you want.
- 24/7 customer support: Exolix operators are always available to jump to any issues within the service.
- Multilingual website: The Exolix platform is available in 12 different languages.
- Affiliate program: You receive up to 2% of each successful transaction that has come from your account. Special conditions can be negotiated by partners. Exolix offerі several options of cooperation: API integration, widgets and referral links and banners.
Withdrawal/Deposit limits
There are no limits to how much you can deposit/withdraw in a swap. Although transactions are limitless, there is a fee (network fee) for each one you carry out. As Exolix is a non-custodial exchange, they don’t receive any of the funds in the platform. Instead, it only acts like an intermediary for fixing the swap.
How to use Exolix?
Select what kind of rate you want before swapping
Choose between fixed and floating rate for the exchange.
Pick your swap
The swap box will be on the main screen, you’ll see both dropdown lists for the swap. Select the crypto you want to pay and the crypto you want to receive.
Provide your crypto address
Paste the crypto address where you want to receive the funds. Make sure you’re using the same network, otherwise your tokens will be lost.
Deposit the agreed amount
Deposit the agreed amount to the address Exolix will generate for you. When Blockchain confirms your transaction, Exolix sends your cryptocurrencies to the address you previously specified.
Confirm the transaction
Check your wallet and confirm your crypto is now there.
Exolix Fees
The fees to your transactions are network fees and the Exolix fees, which could be from 1% to 1,5%. There are two types of rates available. With the fixed rate option the amount will remain the same in spite of the market volatility and the user sees the final amount he will receive at the end of the transaction. With the floating rate option, the amount can differ depending on the market volatility and user gets the actual rate on the market at the moment of the transaction.
It’s entirely up to the user to decide whether he agrees with the price rate or abort the swap.
Supported fiat currencies
Exolix is -at the moment- only available for cryptocurrencies. Users can’t convert fiat currency to crypto or do any debit/credit card payments.
Fiat payment methods handle personal data and would require Exolix to demand KYC procedures. Considering this is an anonymous service, no user data is kept in the system.
Supported cryptocurrencies
Exolix has over 500 listed cryptocurrencies for instant swaps. The platform makes trading pairs, matching compatible coins for the swap.
The exchange supports Bitcoin, Ethereum, MetaHash, Monero, 0x, 1INCH, BNB, Cardano, DOT, Cosmos, AVAX, Litecoin, USDC Coin, DOGE, Stellar and many other popular cryptocurrencies.
KYC verification on Exolix
There are no KYC requirements for using the Exolix service, regardless of transaction size.
Ease of use & interface
Exolix is quite a basic service. Swaps are made almost instantly and will require the user to follow simple steps.
The platform has a highly-intuitive interface with very straight-forward options. Through a user-friendly design, Exolix attract both professional speculators and starting traders.
The swaps can be started from the main menu, where you can basically find all the available options and sections on Exolix.
Security
Exolix is what can be defined as a non-custodial, decentralized exchange. The platform does not have an integrated wallet to put funds into. Transactions will be sent and received from/to the user’s personal crypto address, which makes Exolix a secure service.
To this date, Exolix has not been hacked or infected with malware. The platform works with SSL certificates to prevent DDoS attacks. Note that this is the base for protecting data exchange in internet.
Customer Support
The Exolix team can be contacted through e-mail ( support@exolix.com ) or a chat bot for questions and immediate assistance. You can find the chat bot as a blue chat cloud at the bottom-right corner of the platform.
The chat box allows the user to send attachments (images and documents) for any given case.
User Experience
Exolix is a very practical and simple instant crypto exchange, giving an fast and secure experience for cryptocurrency swaps. This platform is usually best for beginners, as it does not have advanced trading options or charts.
Exolix has a 4.5 (Excellent) score on Trust Pilot, where you can mostly find optimistic reviews, with some exceptions about customer support and network traffic.
Pros and Cons
Pros
- Anonymous instant crypto exchange
- No transaction limits
- Over 500 hundred listed cryptocurrencies
- It has a rewarding affiliate program
- Requires no KYC procedures
- Non-custodial exchange
- Has an iOS and Google Play mobile app, besides the official website
- User-friendly platform
Cons
- It does not support fiat payments/deposits
- Spreads can be considerably high
- It has no trading tools at all
- Mainly focused on beginners
If you want to check out the Exolix Website – simply click here now.
Go to exolix.com