Topic: Godex.io - Anonymous Crypto Exchanger ♻️ No Registration & No Limits - page 5. (Read 3122 times)

It would be a miracle if an affiliate program gave out 0.005 bitcoin to everyone for signing up for nothing. As is often the case, cunning users would immediately start creating multi-accounts in order to get as many such rewards as possible, and in the end it would not lead to anything good. And so is an additional incentive for members of the affiliate program to invite new users.

I am sure they are using different partner exchanges for trading, not only Binance, because they have monero coin trading and that is not available option on binance exchange anymore.
Godex should update ToS and maybe add a list of partners they are working with.

I've just tested this exchanger and have a few suggestions to its operator.

My 5 LTC to ETH order was executed in approximately 30 minutes which is not bad given that the exchange was made through a third-party centralized exchange Binance.

I have sent my LTC to Godex in https://litecoinblockexplorer.net/tx/7060afed8f0e350c5d1deee313701c5d5f57f0795a2658db72dc7399c512356d and received ETH from Binance in https://etherscan.io/tx/0xb349cc6119aab92f8e9c1d63a922a6aa7403667ab8341c3ac14cfb88e2a2ec74



Given that Godex.io are Binance resellers, which is an irrefutable fact because (1) it's not my first time using them and they used Binance back in 2022 and (2) at this moment they still recur to Binance even for such insignificant amounts as 5 LTC, Binance's AML and ToS apply to all Godex.io customers.

It could happen that Binance may freeze a Godex.io's customer deposit and ask for KYC and source of funds, since as seen on my screenshot, Godex.io sent my funds to their Binance account's LTC deposit address LcpghLVryKAJLqh81by8cy7WNi9DUsVtHy (I have confirmed it through an blockchain investigation platform I have subscription on) before exchange was complete, which means they had to send my funds to Binance in order to get the other coin in exchange, which is proven by the payout transaction I mentioned above that also comes from Binance's Ethereum address.

I would strongly recommend Godex.io operator to update their ToS warning users about possible risks of funds suspension by Binance and refer to Binance's AML policies.

However I can tell from my own experience that if you exchange amounts below 0.5 BTC at Binance, the risk is minimal independently of your funds source, and the worst they can do is to suspend account's withdrawals, which might affect the Godex's KYCed account there.

Another thing I found a bit inconvenient is the misleading order's "Confirmation" page (shown on the screenshot above) that shows the deposit's status as "confirming by the network" meanwhile they exchange the coins on Binance. I would suggest to update the order's status to show the actual information like "We are exchanging your funds at Binance".

The affiliate fee seems good, but I found the 0.01 BTC withdrawal limit too high. Depending on the success rate in retaining new users through the user's link, if the affiliate has little flow, it may take months for him to reach this requirement.

Let me get this straight, can I earn 0.005 BTC simply by signing up for the godex affiliate program? I couldn't find any information about this, if I have to reach a normal withdrawal requirement of 0.01BTC to get this prize.

Edit: I just saw that for the first withdrawal, you must reach a balance of 0.01 BTC, after that, you can withdraw with 0.001 BTC. This information is visible when you sign up for the program and go to withdraw.

I would have never discovered this exchange if it wasn't for the recent launch of their signature campaign, I was surprised to learn that this exchanger has been in business for 8 years now according to their website.

Love how they have so many language translations for the site. Most of the service websites of this caliber have just a couple of them. I would like to point out a small translation bug when you click on any of the links under the top tier coins. It just goes back to English and the option to select different languages completely disappears.

At least if someone makes one large transaction, then you won't have to wait many days. In fact, the most correct strategy would be to invite people to the project, waiting for a user with large amounts of funds that they are willing to use on Godex.io. It is worth considering that this is a platform without KYC, which means that there will be many people willing to anonymously exchange one cryptocurrency for another under such conditions. The main thing is to direct these users to the right place, namely Godex.io.

I just tried exchanging XMR to BTC with order Order ID c66bccc1c3c78e, and I used this invalid address bc1p88888888888888888888888888888
Godex website allowed me to go on next step and asked me to send my coins for exchange, this would result in lost coins.
I tried replacing letter P from address with Q and other letters but than it detected invalid address.

Hey, I just tried to check this and I found a bug in address validation.

It is not working properly for taproot addresses.

This is an invalid address (which looks to be taproot but I deleted many of the last characters):
https://mempool.space/address/bc1p000027q726mrxxw7kag2xhuj57lktnn

Godex allows you to continue the swap:




This is the order
https://godex.io/exchange/waiting/c66bca3257a904

This makes sense given that execution time is ranged between 5-30minutes which could be even faster.

A 0.6% bonus on affiliates is quite profitable and one that should be utilized. The unique registration codes for a means to keep track and ensure the affiliate earnings are lined up has been the best way to go about ensuring anonymity as well as keeping traces to what need be.

Sometime am having a look at however, the 0.005btc welcome bonus. This is something that abusers would look forward to salvaging. Sure the time are on the lookout for loosed ends.

Hmm, you've raised a good point, it can impact the credibility and reliability of the service even though it's a small bug. Implementing input constraint limits could be a simple yet effective solution. I'm not sure if the team has something else in mind with supply validation, but even basic input constraints should do the trick. I don't have that much amount of Bitcoin Holding, so TBH in my view even a two-digit limit would be more than enough for most users like me.

Address validation is working properly.

There's an old post regarding Airdrop in this thread haha what's that?


The withdrawal amount for the affiliate program is quite high, hehe let me calculate if I invite 10 people and they make 1 transaction per day worth $1k it will be around 13 days to reach 0.01BTC accumulation, and the gas fee would be around 1/5 th of affiliate reward if you are lucky enough..

I think Godex needs to add some upper limitations when exchanging coins, it's impossible to have no limits and publicly write about that like this:



I went ahead with testing and exchanging 10 million Bitcoins for monero, this was accepted, I received bitcoin deposit address, and Godex claims I should receive 4008405458 XMR.
In my second test I tried with 22 million Bitcoins and I was again accepted by Godex, this is not realistic at all, since there is no that much bitcoin in existence.
This should be fixed and corrected.

Remind me to prepare a new banner for the next contest 

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Good luck to all participants!

Who said that a signature campaign does not draw attention to a business? This exchanger has been here for 6 years but has been pretty quiet until now.
OP, it would be good to re-upload images using another image hosting service. It is recommended to use talkimg.com. For some time now, ibb and some other image host services have had certain restrictions according to Bitcointalk, so the images will not load every time.

Just found out about the Godex.io affiliate program today. Very favorable conditions for work. Maximum you can get 0.6% from each transaction of your invited users. At the initial stage the affiliate percentage is 0.45%. Also a pleasant surprise is a bonus for registration in the affiliate program, which is 0.005 BTC, and the minimum amount of affiliate rewards that can be withdrawn is 0.015 BTC.

Thanks for the explanation here! I will take a look at the instant exchanges thread
As you mentioned the connection to other CEXs I remember reading that most of these sites like Godex just take your order to a big exchange and therefore have such huge spreads as you are paying multiple transaction fees…

Well, their page has been flagged by trustpilot lol. I'd look for an alternative in the Instant exchanges thread


I'd also like to add that it's best to treat these instant exchanges as a CEX without registration since they're also centralized. They can block your funds and request KYC, not to mention a lot of them probably gets liquidity from CEXes like binance, hitbtc etc...

Can anyone tell if this exchange is legit?
Their Trustpilot seems kinda sus since they have like houndreds of 5-star reviews and a few legit looking really bad reviews about coins not being transferred.

I got an ad for this in brave browser and thought it looks kinda good as a dex without registration etc.

Yeah thanks I am still celebrating that you never gave me back my coins I tried to exchange using your service.
From that time I am using MorphToken and SimpleSwap which I recommend as very good, fast and trustworthy service, never had a problem like with Godex I described in previous posts.

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