Cross-chain trading exchange (DEX) peer-to-peer trading of cryptocurrencies like Bitcoin and Monero. It uses Particl's network, atomic swaps, and scriptless scripts for transactions without third-party involvement.
The exchange ToS do not mention that it will ever request the user for a KYC verification.
BasicSwap's network is decentralized, using Particl's SMSG for node communication without requiring Particl staking. There has been some disussion about Particl and SMSG. Read more: mitra.social, repo.getmonero.org
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Last Check: 2024-09-09
The FAQ does not mention that BasicSwapDEX monitors user transactions or activities.
ToS section: "FAQ"
There is no information in the FAQ indicating that users are required to verify their identity for using BasicSwapDEX.
ToS section: "FAQ"
BasicSwapDEX claims it does not collect or share user data with any third parties.
ToS section: "FAQ > Do you collect any data about me?"
The FAQ does not indicate that BasicSwapDEX shares user data with authorities, law enforcement, or government agencies.
ToS section: "FAQ"
There is no mention in the FAQ that BasicSwapDEX logs user data, including IP addresses or transactions.
ToS section: "FAQ"
There is no indication in the FAQ that BasicSwapDEX can block or freeze user funds.
ToS section: "FAQ"
There is no information in the FAQ suggesting that BasicSwapDEX can terminate or block user accounts based on suspicious activities.
ToS section: "FAQ"
There is no indication in the FAQ that BasicSwapDEX has a system for flagging suspicious transactions.
ToS section: "FAQ"
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