Godex

Godex is a swap service: you choose a pair, send coins to a deposit address Godex generates, and it sends the other coin to an address you give it. There is no account to open and no balance held on the site. The homepage lists 960 supported currencies, offers fixed or floating rates and runs an Android app on Google Play.

The operator is Nrnb Ltd., which Godex's AML/KYC policy, last updated in March 2024, describes as a company incorporated under the laws of the Republic of Seychelles. Godex does not publish the company's registration number or address, names no directors or founders, and does not claim a licence or registration with any financial regulator. Its first public announcement, a Bitcointalk thread from the Godex_io account, is dated 17 July 2018; the site's footer runs its copyright from 2017.

You pick the coin to send and the coin to receive, enter the amount and your receiving address, and choose a rate type. With a fixed rate, Godex holds the quoted rate as long as your deposit is confirmed within 30 minutes; after that it may cancel the order. With a floating rate, the amount you receive is set when the exchange actually executes and can be higher or lower than first shown. Godex's FAQ says a swap usually takes 5 to 30 minutes, mostly waiting for network confirmations, and that it sources rates from exchanges such as Binance and Bitfinex.

The terms set some hard rules. Send exactly the amount shown, in a single deposit per exchange ID. For coins that need a memo, destination tag or payment ID, a deposit without it cannot be completed and will not be refunded. Godex is not responsible for coins sent to the wrong address.

Godex shows no commission line. Its homepage promises transparent rates and no hidden fees, and its FAQ explains that the only floor on order size is a minimum amount to cover the miner fee for sending your coins. In practice, the service's margin sits inside the exchange rate it quotes, and fixed rates commonly cost more than floating ones because the service carries the price risk until your deposit arrives. The fair comparison is the final amount you receive for the same pair and size against another service at the same moment; our cheapest way to swap crypto guide explains how to do that.

For a measured look at how its quotes compare with other instant exchangers, see how Godex compares with other instant exchangers.

During a swap Godex does hold your coins: once your deposit arrives, it sits with Godex until the outgoing payment is sent. That is short-term custody by a company that names no regulator, so the amount you can afford to have in flight with it is the real limit.

Godex advertises no KYC and says it never collects personal data and deletes order information after two weeks (its FAQ says within a week). Its AML/KYC policy says something different about what can happen. It describes a Customer Identification Program that verifies customers by obtaining and cross-checking government-issued ID such as passports and driver's licences on a risk basis, ongoing transaction monitoring and record keeping. The terms add that Godex may refuse, postpone or cancel a transaction it sees as linked to criminal or fraudulent activity. Most swaps will never trigger this, but if one does, funds can be held until you provide documents.

Refunds are narrow. All completed exchanges are final. A refund is possible when an order shows as Overdue and Godex received your funds; you contact support with the exchange ID. Requests must arrive within 90 days, and unsupported coins sent to Godex addresses are not guaranteed to be returned. We found no publicly reported hack or insolvency involving Godex in the sources checked for this profile.

Godex's terms, updated in December 2020, bar users located in or holding citizenship of Cuba, Iran, North Korea, Crimea, Sudan, Syria, the United States and its island territories, Bangladesh and Bolivia, plus any country on the UN Security Council sanctions list. The newer AML/KYC policy gives a longer list that adds Afghanistan, the Democratic Republic of Congo, Eritrea, Libya, Somalia, South Sudan, Yemen, Iraq, Mali, the Central African Republic, Guinea-Bissau and Lebanon, and drops Bangladesh and Bolivia. Where the two differ, the stricter reading is the safer one. US users should look at services that accept them, such as those in our guide to exchanges Americans can use.

Support is by email at [email protected] and through the contact form on the site, and the homepage advertises 24/7 support. Have the exchange ID ready for any problem with an order. Godex's terms warn that phishing sites imitate it and tell users not to trust personal messages from people claiming to represent Godex; check that you are on godex.io before sending funds. Its official social accounts linked from the site are on X (@godex_io), Facebook, Instagram, Reddit, Medium and Bitcointalk.