Stealthex
grade F
Instant noncustodial exchange for limitless swaps. Free from registration and does not store user’s funds on the platform.
grade F
What the documents mean for you
StealthEx can hold your swap for compliance review and not release the coins, ask for ID before, during or after a trade, reverse or cancel transactions, and pass data or funds to authorities. Swaps need no account, but your IP and device data are logged.
The Terms let StealthEx demand identity verification and source-of-funds information at any time, before, during or after a swap, based on its own risk assessment, and every transaction runs through compliance screening. Flagged transactions go into a compliance review during which the coins are not released, which is the classic risk-triggered (shotgun) KYC pattern rather than verification at sign-up.
Verification is triggered by compliance screening, sanctions or risk flags, a wallet blacklisted by a liquidity provider, or an order from an authority. You may be asked for government ID, proof of address, source of funds and the purpose of the transaction. If a transaction is flagged, StealthEx holds the coins until the review ends, and it can also cancel, reverse or withhold a transaction it judges abnormal, refuse to refund where it suspects fraud, or hand the assets to a competent authority when legally required.
Warnings
The published KYC/AML rules state that the company will not provide services that can be used without identifying the person taking part in the transaction, and will not open anonymous accounts. That is broader than the risk-based, occasional verification described in the Terms and FAQ.
The Terms repeatedly say StealthEx never takes custody, yet they also let it hold your assets unexchanged and unreleased during a compliance review, reverse transactions, and pass assets to an authority. In those situations it is controlling your funds.
Your personal data may be transferred to service providers, contractors, affiliates and other third parties in other jurisdictions, which may have weaker data protection laws than where you live.
StealthEx may refuse, limit or delay a request to see, correct or delete your data where anti-money laundering obligations, fraud prevention, legal proceedings or other business purposes apply.
How the score was reached
Privacy24/100
Trust49/100
Overall = (privacy × 0.6 + trust × 0.4) / 10, rounded = 3/10, grade F. Each attribute above rests on a clause quoted below or was assigned by a moderator; the rest is what the listing knows.
Attributes12 from the documents
No registration neededprivacy +5
Users can access and use the service without creating an account.
Swaps run without an account: the Terms state operations happen without registration.
“These operations are performed automatically, without the need for User registration or account creation.”
https://stealthex.io/terms/
KYC depends on partnersprivacy -5
The service routes through partner providers whose KYC policies vary. The actual experience depends on which partner is used.
Fiat purchases are handed off to third-party providers who run their own KYC and AML checks under their own policies.
“The actual execution of any fiat-to-Digital Asset or Digital Asset-to-fiat transaction, as well as related compliance procedures (including Know-Your-Customer (KYC) or Anti-Money Laundering (AML) checks), shall be carried out by the respective third party and governed by its own terms and policies.”
https://stealthex.io/terms/
May freeze or seize fundstrust -3
Internal monitoring may freeze or seize funds flagged for suspicious activity, stolen or sanctioned sources.
StealthEx reserves the power to cancel, reverse, withhold or invalidate any transaction it judges abnormal or suspicious.
“We reserve the right, at our sole discretion, to cancel, reverse, decline to execute or suspend and withhold, or otherwise invalidate any transaction determined to be abnormal or suspicious.”
https://stealthex.io/terms/
Liquidity provider may block fundsprivacy -1 · trust -1
Even if the service itself is permissive, the upstream liquidity provider can independently freeze funds and demand KYC or Source of Funds.
The FAQ states that verification is triggered when the upstream liquidity providers blacklist your wallet.
“You can [exchange cryptocurrencies without KYC](https://stealthex.io/blog/kyc-aml-procedure-on-stealthex/) (the verification procedure is needed in rare cases if your wallet is blacklisted by the liquidity providers or the transaction is considered suspicious)”
https://stealthex.io/faq
Transaction monitoringprivacy -1
Deposits are analysed for blacklisted or high-risk sources; flagged ones need verification.
Every transaction is screened and risk-scored, and a flag can lead to a verification request.
“Transactions are subject to compliance screening, risk assessment, and, where required, KYC Verification.”
https://stealthex.io/terms/
Data sharingprivacy -3
Personal data may be shared with authorities or third-party providers for compliance.
The Privacy Policy allows disclosure of personal data to courts, governments and law enforcement, as well as to partners, suppliers and affiliates.
“**d. Courts, Government Authorities, and Law Enforcement Officials** : We may share your Personal Data with courts, government authorities, and law enforcement officials when required by laws and regulations.”
https://stealthex.io/privacy-policy/
Usage can be detected on public blockchainsprivacy -2
On transparent blockchains, use of the service may be publicly identifiable.
The Privacy Policy states that on-chain transactions tied to the service are publicly visible and can be linked to your identity.
“Because blockchain networks are publicly accessible and immutable, transactions recorded on them may be visible to anyone and may be analyzed or linked to your identity by third parties now or in the future.”
https://stealthex.io/privacy-policy/
Service termination policytrust -4
The provider can terminate access at any time, without notice, at its discretion.
Access can be suspended, restricted or permanently terminated at the company's sole discretion, with or without notice.
“We reserve the right, in our sole discretion, to suspend, restrict, or permanently terminate your access to the Services, with or without prior notice, where such action is necessary, appropriate, or legally required.”
https://stealthex.io/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 Terms reserve the right to demand identity verification and source-of-funds documents at any point in a transaction, based on the company's own risk assessment or the law.
“We may require you to complete KYC Verification, and/or to provide information and documentation regarding your identity, source of funds, or the nature and purpose of a transaction, at any time, including before, during, or after execution of a transaction”
https://stealthex.io/terms/
Third-Party Liquidity
Swaps are filled by outside liquidity providers, whose own rules can apply to a transaction.
Swaps are executed through outside liquidity and execution providers, whose failure can delay or lose the trade.
“Swap execution depends on third-party liquidity and execution providers. The failure, insolvency, or non-performance of such providers may result in delay, partial execution, or loss.”
https://stealthex.io/terms/
Mobile app available
The service can be used through a mobile app.
A mobile app is offered through Google Play and a direct APK download.
“Download our mobile app: [](https://play.google.com/store/apps/details?id=com.stealthex)”
https://stealthex.io/faq
Some countries are restricted
Availability varies by jurisdiction or logistics; some countries cannot use the service.
Residents of, or people accessing from, Restricted Jurisdictions are not eligible, and the list can be updated at any time.
“Not be a resident of, located in, incorporated in, or accessing the Services from a Restricted Jurisdiction, and reside in a country where the Platform and all its functionalities are accessible and not forbidden by the local laws and regulations;”
https://stealthex.io/terms/
Strict no-log policyprivacy +5 · trust +3
The service has a strict no-log policy: it does not collect or store any information about its users.
There is no no-log policy: the service automatically records IP address, device and browser details and detailed usage patterns.
“**Automatically Collected Data** | When you interact with the Platform, we may collect this Personal Data by using cookies and other similar technologies.”
https://stealthex.io/privacy-policy/
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 8 years. While this indicates stability, it is not a future-proof guarantee.
Tap an attribute to see the clause it rests on. Ruled-out ones score nothing; a documented “no” is recorded because it is worth reading. What comes from the listing is what the site knows about the service, priced as kycnot.me prices it.
What the documents say
If a transaction is flagged, StealthEx puts it under compliance review and does not exchange or release your coins until that review is finished.
“During a compliance review, the relevant Digital Assets will not be exchanged or released until the compliance review has been completed.”
https://stealthex.io/terms/
Your transaction can be delayed, withheld, refunded, or handed to a competent authority after compliance screening or a legal order.
“**(i) Compliance Hold Risk.** Transactions may be delayed, withheld, refunded, or (where legally required) transferred to a competent authority as a result of compliance screening, verification requirements, or legal orders.”
https://stealthex.io/terms/
StealthEx can cancel, reverse or invalidate any transaction it calls abnormal or suspicious, and roll back all affected transactions from that period.
“In such cases, we may also initiate a rollback of all affected transactions executed within the relevant time frame to preserve the integrity and security of the Platform.”
https://stealthex.io/terms/
StealthEx says it may return remaining assets, but not where it suspects fraud or misconduct.
“• We may refund remaining assets unless fraud/misconduct is suspected”
https://stealthex.io/terms/
Your continued right to use the platform depends on passing verification, which can be demanded even after a transaction has been executed.
“In such instances, your eligibility to use the Platform is contingent upon the successful completion of the requested verification.”
https://stealthex.io/terms/
For card purchases of crypto, the partner providers Mercuryo, Simplex and Guardarian skip KYC only up to $700 per user; above that they require it.
“With Mercuryo, Simplex and Guardarian you can buy crypto with no KYC if the total amount of purchases per user does not exceed $700.”
https://stealthex.io/faq
If StealthEx believes you broke the rules, it can report you to authorities and disclose your personal information to them.
“we reserve the right to and may report any such breach to the relevant competent authorities, and to cooperate with them, including by disclosing your personal information where required or permitted by applicable law and the Privacy Policy”
https://stealthex.io/terms/
The service records your IP address, browser and version, time zone, operating system, and your navigation paths and page timings.
“**•** Internet protocol (IP) address; **•** Browser type and version; **•** Time zone setting; **•** Browser plug-in types and versions; **•** Domain name; **•** Operating system and platform;”
https://stealthex.io/privacy-policy/
Identification documents and records from a business relationship are kept for at least five years after it ends, and audio and video from ID checks the same.
“The originals or copies of the documents, which serve as the basis for identification of a person, and of the documents serving as the basis for establishing a Business Relationship, shall be stored for at least five (5) years following the termination of the Business Relationship.”
https://stealthex.io/kyc-aml
Using anonymisation tools or false location data to get around geographic restrictions or platform controls is a prohibited use and can cost you access.
“To circumvent, or attempt to circumvent, sanctions, geographic restrictions, eligibility requirements, or any controls applied by the Platform, including through the use of anonymisation tools, false location data, or third parties;”
https://stealthex.io/terms/
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