Are you searching for a platform that lets you buy cryptocurrency without any government ID or KYC verification? Exolix is an exchange platform that assists traders to have crypto-to-crypto exchange without any maximum limits. In this Exolix review, we will be going through all the services and features of the platform.
Table of contents
Summary (TL;DR)
- Exolix is a standard cryptocurrency trading exchange that offers a reliable and guaranteed online platform for converting one crypto to other digital capitals.
- It supports a unique feature wherein the clients can exchange crypto-to-crypto assets and stay anonymous at the same time. Furthermore, It let you to purchase bitcoins anonymously and buy bitcoins with a credit card anonymously.
- Exolix has an exceptional trait wherein it settles its swapping charges for an hour. The main objective of fixing the rates is to safeguard the trader from sudden price volatility.
- Unlike many crypto trading institutions, Exolix supports the function to buy crypto without any maximum limits.
- In addition, it has a straightforward on-point purchase interface which slightly makes it a little better than other trading exchanges.
- According to many professional traders, it has an approximate value difference of 1.93% than other famous platforms.
- You just have to pay minimal network fees, which means there are no extra charges in Exolix.
What is Exolix?
Exolix is a standard cryptocurrency trading exchange that offers a reliable and guaranteed online platform for converting one crypto to other digital capitals. This online platform supports more than 327 cryptocurrencies such as Bitcoin, Ethereum, 1inch, MATIC, and many more. Since 2018, Exolix has been a successful online portal in terms of security and dependence.
Additionally, this platform is effectively associated with some of the best crypto exchange companies. With these alliances, Exolix provides trustworthy and stable crypto-to-crypto trading along with grade A values with a TrustPilot rating of above 4.
A brief outline of Exolix
Name | Exolix |
ID Verification | None |
Fiat gateway | No |
Cryptocurrencies | More than 500 |
Limitations | None |
Trading fees | Included with price |
Mobile app | Yes (Android and iOS) |
Exolix Review: Features
Mobile App
The platform is almost done working on its mobile app and will be soon launching it on iOS and Android. From what we know as of the writing of this article, the app is to come with an interactive UI/ UX and all of the features that the website provides. You can signup for the email notification when the app arrives here.
No account registration
Exolix supports a unique feature wherein the clients can exchange crypto-to-crypto assets and stay anonymous at the same time. As mentioned earlier, Exolix does not validate a fiat gateway. Hence, you donโt need to enter your KYC (Know Your Customers) details. In addition to this, there are no restrictions about your country or age. All you need is an authorised wallet address to buy and sell digital assets and to use the trading facilities.
Precise prices
Exolix has an exceptional trait wherein it settles its swapping charges for an hour. This is carried on until the exchange procedure is finished. The main objective of fixing the rates is to safeguard the trader from sudden price volatility. This turns out to be a considerable advantage due to certain conventional style exchanges having variable figures while buying cryptocurrency online. Likewise, it means that the concluding total of coins you collected in the wallet can vary to the sum that was shown caused by some abrupt price change before confirmation of the transaction.
No limits
Unlike many crypto trading institutions, Exolix supports the function to buy crypto without any maximum limits. This means you can buy crypto to your heart’s content. However, there are some minimal charges which you need to take care of, and they will be presented for each coin within the transaction.
Exolix Fees
Trading Fees
When you buy on Exolix, the platformโs price is way more than the marketโs price. Also, on the contrary, when you sell your assets through Exolix, it offers a lesser price than other companies and the market. Although, any type of price difference is nowhere to be mentioned. According to many professional traders, an approximate value difference of 1.93% than other famous platforms.
In centralised exchanges, it is pretty tough to compare the trading fees between Exolix and other institutions in the market. However, when calculated approximately, it is 0.213% for buyers and 0.16% for sellers.
Exolix Withdrawal Fees
Talking about Exolix, you just have to pay minimal network fees, which means there are no extra charges. Network fees is the payment that the miners get as a form of verifying transactions.
Exolix Review: How to use Exolix?
As mentioned earlier, Exolix provides its customers with a user-friendly and basic configuration. This interface is easy to use for both beginners as well as professional crypto traders. Further, the procedure of exchanging trades is pretty clear-cut, so follow the below steps:
- In the initial step, select the assets that you want to trade, e.g. Bitcoin, ETH.
- Next, choose the final amount and click on “Exchage”.
- Now, you will have to enter the recipient address, and click “Exchange.”
- For the next step, Exolix will generate a depositing address. Deoposit the particular amount on that address.
- Once, you deposit the amount, Exolix will start the transaction process, and will complete it within few minutes.
Further, please note that it can take up to 30 minutes to get transferred depending on the coins chosen and network traffic. This means that it might take some time longer when there is high network traffic.
Mediums of Deposits and US Investors
Exolix does not approve of any other security payments other than cryptos. Due to this reason, new traders are automatically restricted from trading on this platform. Therefore, if you are a beginner, you first need to buy cryptos from other exchange platforms and then exchange them here. You will be required to do your research appropriately as you need to figure out where depositing fiat currency is easy. Talking about the US Investors, it is legal for them to trade on Exolix.
Exolix Review: Customer support
The Customer Support section of Exolix is one of the most appreciated features. Exolix is hassle-free and assists with all the questions and answers. Furthermore, the website has a list of frequently asked questions that helps beginners while trading. Also, you can directly contact customer support through their email address or by filling out the contact us form. They also have a chatbot present that traders can use to get in touch with customer support. However, the chatbot does not support 24×7 assistance.
Is Exolix safe and secure?
Exolix is identified as a decentralised exchange for cryptocurrencies. This means that the deal does not hold any type of purchased assets. This portal allows the buyers and sellers to transfer their funds in the hardware wallet directly. It is meant to prevent any kind of cyberbullying or cyber scams from centralised exchangeโs wallets.
Exolix takes excellent care of its traders when it comes to the protection of their privacy and assets. Moreover, Exolix has strong measures like SSL certificates, the standard cryptographic convention or safeguarding data communication. We cannot ignore that Exolix has been successfully running since 2018 without any cyber hacking incidents. Hence, we can say that it is a safe and secure place to exchange cryptos.
Exolix Review: Affiliate Program
The Affiliate Program is distributed into two parts. This is generally for the users who signed up for this program.
- API: Exolix offers an API that may be used to integrate fixed and floating rate exchange flows. You can also control your exchange gains by changing exchange rates. Moreover, Exolix API is simple to use and transparent.
- Referral links and banners: Whenever a user enrolled in the Affiliate Program imparts the exchangeโs service link or banner with their fellow people, they obtain some kind of profit in BTC from each referralโs transaction.
Furthermore, every time a trader clicks on the referral link or banner or uses Exolix API, their partner gets rewarded. Additionally, depending on the number of transactions, there are high chances that the partner earns 0.5% to 0.7% from each deal.
Exolix review: Pros and Cons
Pros | Cons |
---|---|
No account registration or ID Verification required | Fees hidden are a little high |
It is suitable for both beginners and advanced traders. | |
Funds can be transferred directly to a hardware wallet. | |
Supports 500+ cryptocurrency assets | |
No maximum trading limits |
Exolix Review: Conclusion
Overall, Exolix has some impressive features offering over 500 cryptocurrencies to trade, accurate prices, and no maximum limits. Although, Exolixโs buying and selling charges are a little bit over the top. Furthermore, when it comes to the privacy and security of data and funds, Exolix deserves total brownie points. This is because this website does not collect any type of unnecessary information from the trader. Moreover, investors who like to stay anonymous and buy cryptocurrency without id should opt for Exolix.
Frequently Asked Questions
Is there a way to buy bitcoins anonymously?
To buy bitcoins or any other crypto anonymously, Exolix should be the best choice for you. Being a decentralised exchange, Exolix does not force you to fill in your KYC details, and you can easily trade assets.ย
Can you cancel any transaction?
Once the transaction is complete, you can roll it back. Therefore, check all your payment details carefully.
What are the withdrawal and deposit fees?
Exolix does not charge any fees. Instead, the user sees the exact amount they will receive before the exchange.
What is the daily limit of withdrawal?
At Exolix, the withdrawal daily limit is 0.02 BTC.
How does the affiliate program work?
Exolix Affiliate program allows you to receive from 0.5% to 0.7% of each successful transaction from your account. In addition, they also offer two ways of cooperation with Exolix: API integration and referral links and banners.