Blog Post
GODEX Anonymous Swap Exchange – Privacy over Everything
Marius Bogdan Dinu • August 24, 2020
The Age of Anonymous Exchange
Nowadays the laws of lots of countries enforces crypto exchanges to comply with Know Your Customer (KYC) rules and hence abandoned the anonymity of crypto transactions. Under such circumstances, the popularity of anonymous crypto exchanges rises and more crypto-enthusiasts are looking for alternatives to the existent exchanges caring about personal data security.
Introducing Godex – Where Anonymity is Everything
Since the number of cryptocurrency users and its total capitalization is constantly growing and is predicted to grow in the future, there is no reason to count on weakening the attention of attackers to it. Each year, hackers steal millions of Bitcoins for hundreds of millions and billions of dollars. Using various methods of Bitcoin analysis, they gain access to the digital money of ordinary users.
Holders of any wallets are at risk of losing their crypto funds due to Bitcoin’s traceability. Your coins will not be safe until your transactions using them cannot be traced.
To avoid falling victim to cryptocurrency theft, you need to buy Bitcoin anonymously. For this purpose, various private crypto exchanges have been developed. GODEX is a cryptocurrency exchange built to take forward the principles of the blockchain community – Privacy and Anonymity.
In their own words “(GODEX) is a Non-custodial exchange … (we) don’t provide wallet addresses for users. Instead, users use their own personal wallets or those provided by custodial exchanges. This means the exchange itself doesn’t store any cryptocurrency, which makes it a much less appealing target for potential hackers.”
GODEX does not ask for your ID, KYC, or any other personal details. At its core, GODEX just uses a form of Atomic Swap that allows the seamless transfer of one cryptocurrency to another.
Godex.io, a fast and safe online service, helps to change one coin to another on the best rate and with no exchange limit.
The NO KYC Exchange
The GODEX Exchange is a crypto-swap platform that allows users to exchange one cryptocurrency with another, without the hassles of a traditional custodial exchange. GODEX provides a simple and seamlessly efficient exchange platform. It offers the luxury of being a single click platform for transferring digital assets across several blockchain platforms. GODEX is a game-changing exchange because it can allow the exchange of over 200+ cryptocurrencies without any form of registration. Any cryptocurrency from the list can be exchanged instantly, to any other cryptocurrency.
The key element that sets GODEX entirely apart from the usual cryptocurrency exchange crowd is its insistence on anonymity and privacy. Both Anonymity and Privacy, are two of the key principles of the Blockchain market. To ensure the principles are held up, GODEX has promised not to store any data of its users. Unlike other mainstream exchanges, GODEX does not ask for any KYC documents or AML requirements. Users can step on to the platform, exchange, and leave. Customers, who have used the platform regularly comment on the versatility and ease of the platform, and how it reduces the redundancies that they are used to facing.
As Easy as 1 – 2 – 3
Exchanging on the GODEX exchange is an incredibly simple task. By following just 4 steps, users can get the crypto of their choice into their personal wallets at the best price on the market.
- Choose the Currency: Hop on to Godex.io and choose the currency you have and the currency you want to exchange. Make sure you check the exchange rate and other details.
- Enter Destination Wallet Address: After choosing the exchange pair, you will be led to a page where you have to enter your destination address. Please double-check and ensure that the address is exact.
- Deposit Currency to Exchange: After the second step, a wallet address will pop up. Now you have to deposit the crypto you have into that address. In the backend, GODEX will search its order book to find and match with the best price available.
- Receive the Amount: After depositing the amount and receiving the confirmation, the GODEX smart contract will execute and initiate the transfer to the destination address.
Conclusion
With a rigid market strategy, incredible team, and amazing development capabilities, the GODEX exchange poses itself as a forerunner in the upcoming adoption phase of cryptocurrencies and blockchain. The team behind the platform is constantly interacting with the users to make the platform as easy to use as possible. GODEX fills a much-needed gap in a market where data collection is so highly prevalent.
For users’ adamant on privacy, anonymity, and simplicity, GODEX seems like the obvious choice. With a minimal UI, efficient user experience, and industry-standard pricing mechanism, GODEX has positioned itself to be the first choice for all privacy centered users.
Useful Links:
Source: Crypto Adventure
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.
RXR Highlights
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