exolix
grade F
Anonymous crypto swap service with fixed rates which is free of registration and any limits. Launched in 2018
grade F
What the documents mean for you
Exolix can demand source-of-funds proof if its system flags your deposit, and takes no responsibility for the refund if you refuse. Missing documents can cancel a swap. It shares wallet addresses, IPs and ID documents with partner exchanges and authorities.
Exolix says it never asks for KYC over transaction errors, but it carves out deposits that its security system marks as suspicious: in those cases it can ask you to prove where the funds came from, and it disclaims responsibility for the refund if you refuse. The privacy policy adds that Exolix or the third-party exchange handling your swap can demand proof of identity, proof of address, source of funds and wallet ownership, and that not supplying them can lead to cancellation, suspension or refusal of the transaction. That is identity checking triggered by flagging rather than at signup.
Verification is triggered when the security system flags your deposit as suspicious, or when Exolix or the partner exchange running your swap applies AML, sanctions or fraud checks. They can ask for proof of identity, proof of address, documents on the source of your funds and proof that you own your wallet. If you refuse, Exolix says it is not responsible for refunding or completing the transaction, and the swap can be delayed, cancelled, suspended or refused.
Warnings
If the security system treats your deposit as suspicious, Exolix can demand source-of-funds information. If you do not provide it, Exolix states it is not responsible for refunding or completing the transaction.
The pledge never to ask for KYC covers transaction errors only. It does not apply once the system flags your deposit as suspicious, and the privacy policy allows demands for identity, address, source-of-funds and wallet-ownership documents.
If you leave out a MEMO, Destination Tag or Payment ID, or use the wrong network or address, Exolix says the deposit can be cancelled and the funds are not refundable, and it takes no responsibility for the loss.
Compliance data and verification documents may be shared with the third-party exchange handling your transaction, with liquidity providers and blockchain analytics firms, and with government or legal authorities.
How the score was reached
Privacy24/100
Trust54/100
Overall = (privacy × 0.6 + trust × 0.4) / 10, rounded = 4/10, grade F. Each attribute above rests on a clause quoted below or was assigned by a moderator; the rest is what the listing knows.
Attributes8 from the documents
KYC depends on partnersprivacy -5
The service routes through partner providers whose KYC policies vary. The actual experience depends on which partner is used.
The partner exchanges run their own compliance processes, so the verification you face depends on which partner handles the swap.
“These third parties work individually and have their own privacy policies and compliance processes. It is advised for the users to go through their policies before making the transaction.”
https://exolix.com/privacy
SoF may be required for refundstrust -1
Source of Funds information is required to process a refund.
If the security system marks a deposit as suspicious, Exolix may ask for information verifying the source of the funds, and ties the refund to that answer.
“If the funds that came to the deposit under your transaction were recognized by the system as suspicious, we may ask you for information to verify the source of the funds. If you refuse to provide such information, we are not responsible for ensuring the refund or completion for this transaction.”
https://exolix.com/terms
Transaction monitoringprivacy -1
Deposits are analysed for blacklisted or high-risk sources; flagged ones need verification.
Deposits are screened by a security system that can label incoming funds suspicious, after which extra verification follows.
“However, this rule applies only to transaction errors and does not apply to cases when the funds sent by the client to the deposit are recognized by the security system as suspicious.”
https://exolix.com/terms
Data sharingprivacy -3
Personal data may be shared with authorities or third-party providers for compliance.
The privacy policy lists sharing of data with partner exchanges, liquidity providers, blockchain analytics firms and government or legal authorities.
“Providers of blockchain analytics and compliance services; Providers of hosting and infrastructure services; Providers of customer support services; Governmental or legal authorities as required by law;”
https://exolix.com/privacy
Custodial walletprivacy -3 · trust -5
The service manages the private keys and keeps custody of funds, which requires trusting it.
The terms describe digital currency held by Exolix on the user's behalf, which Exolix deals with on the user's instructions.
“Unless otherwise indicated in these Terms, Exolix will not deal with digital currency in Exolix or digital currency that is otherwise held by Exolix on your behalf without your express instructions to do so.”
https://exolix.com/terms
May require KYC/SOF by policy/lawprivacy -6 · trust -4
The service may require identity verification, KYC or Source of Funds information, by its own policy or by law, at any time.
The privacy policy states that Exolix or any third-party provider it uses will require identity, address, source-of-funds and wallet-ownership documents for legal, sanctions, AML and fraud purposes.
“In order to be in compliance with all legal requirements, Exolix and/or any third-party service provider that it may use shall require from you the following documentation, in accordance with the law, sanctions, AML and CTF compliance, fraud prevention procedures, etc.:”
https://exolix.com/privacy
Third-Party Liquidity
Swaps are filled by outside liquidity providers, whose own rules can apply to a transaction.
Exolix describes itself as an aggregator that routes users to offers from outside exchange platforms.
“Exolix acts as an aggregator for crypto exchanges, enabling users to connect with exchange offers from various third-party exchange platforms.”
https://exolix.com/privacy
Mobile app available
The service can be used through a mobile app.
A mobile app is offered, with a Google Play listing linked from the site.
“Download our mobile app”
https://exolix.com/terms
Accepts Moneroprivacy +5
This service accepts Monero, a privacy-focused cryptocurrency that provides enhanced anonymity.
Verifiedtrust +10
Passed repeated checks over time and showed consistent behavior.
Mature servicetrust +5
This service has been operational for 7 years. While this indicates stability, it is not a future-proof guarantee.
Tap an attribute to see the clause it rests on. What comes from the listing is what the site knows about the service, priced as kycnot.me prices it.
What the documents say
If the security system marks your deposit as suspicious, Exolix can ask you to prove where the money came from. Refuse, and it says it is not responsible for refunding or completing the swap.
“If the funds that came to the deposit under your transaction were recognized by the system as suspicious, we may ask you for information to verify the source of the funds. If you refuse to provide such information, we are not responsible for ensuring the refund or completion for this transaction.”
https://exolix.com/terms
Exolix or the partner exchange handling your swap can require proof of identity, proof of address, source-of-funds documents and proof that you own your wallet.
“In order to be in compliance with all legal requirements, Exolix and/or any third-party service provider that it may use shall require from you the following documentation, in accordance with the law, sanctions, AML and CTF compliance, fraud prevention procedures, etc.:”
https://exolix.com/privacy
If you do not hand over the requested compliance information, your transaction can be delayed, cancelled, suspended or refused.
“Non-delivery of the requested information may lead to delays, cancellation, suspension or refusal of the transaction.”
https://exolix.com/privacy
Exolix refuses a refund if it never received your funds because of your mistake, or if it already sent the funds to the address you gave.
“If we did not receive the funds because of the client’s fault or we have sent the funds to an address that the client considers to be in error, the refund will not be issued.”
https://exolix.com/terms
Cases caused by the client are decided one by one by support, and Exolix states those decisions cannot be disputed. A refund granted in such a case carries a commission.
“All cases that are associated with a client error require additional consideration by the support service. The decision on such situations is individual and not subject to dispute.”
https://exolix.com/terms
Wallet addresses, transaction details, your IP address, compliance data and verification documents can be passed to the third-party exchange handling your swap.
“Since Exolix is an exchange aggregator, some data can be shared with third-party exchange service providers who are dealing with the particular transaction.”
https://exolix.com/privacy
Exolix automatically records your IP address, browser, device, operating system, pages viewed, access times and cookie IDs, alongside wallet addresses and transaction hashes.
“We may automatically collect: IP address; Browser type and version; Device information; Operating system; Language preferences; Referrer URLs; Pages viewed; Access times; Cookie IDs and other similar technology IDs.”
https://exolix.com/privacy
No fixed retention period is given. Exolix keeps personal data as long as it considers reasonably necessary, and says the period varies with laws and business needs.
“The duration of retention may differ depending on applicable laws and business needs.”
https://exolix.com/privacy
The terms refer to digital currency held by Exolix on your behalf, which it acts on when you confirm a trade. Your coins pass through its hands during the exchange.
“Unless otherwise indicated in these Terms, Exolix will not deal with digital currency in Exolix or digital currency that is otherwise held by Exolix on your behalf without your express instructions to do so.”
https://exolix.com/terms
Your data may be collected, used, transferred and stored anywhere in the world, including outside the European Economic Area.
“Your data may be collected, used, transferred and stored anywhere in the world including, but not limited to, jurisdictions outside of the European Economic Area ("EEA").”
https://exolix.com/privacy
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