exolix
ToS

Anonymous crypto swap service with fixed rates which is free of registration and any limits. Launched in 2018

KYC LEVEL 2

The exchange may request KYC from any user at any time, typically triggered by an automated flag system, leading to a temporary block of funds.

Automated Risk-Prevention System May require KYC/SOF by policy/law May block 'suspicious' transactions Refunds may require KYC No registration needed Non-custodial wallet API available JavaScript needed
(updated 4 hours ago)
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Last Check: 2024-05-03

Transaction Monitoring

Section 4.3 states: "In certain cases (for instance, to confirm Your identity within undergoing AML/KYC procedure) We reserve the right to freeze Your transaction of Exchange for any period of time necessary to complete the investigation and AML/KYC procedure." This implies that Exolix monitors user transactions to some extent in order to potentially freeze them for AML/KYC purposes.

ToS section: "4.3"

User Identification

Section 4.1 states: "By accepting these Terms of Use You agree to undergo AML/KYC procedure, which may be applied to You or may be requested by Exolix at any time." Section 4.2 further states: "Within the AML/KYC procedure Exolix reserves the right to request any state document valid in Your country for the identification and additional information concerning the origin of the funds including the supporting documents." This clearly indicates that users may be required to verify their identity through the AML/KYC procedure.

ToS section: "4.1, 4.2"

Logging

Section 6.6 states: "Exolix is entitled to acquire Your IP address. If the IP address refers to the prohibited jurisdiction (Section 6 of these Terms of Use), Exolix may deny You access to the Website and the provision of Services." This implies that Exolix logs user IP addresses.

ToS section: "6.6"

Blocking of funds

Section 4.3 states: "In ccertain cases (for instance, to confirm Your identity within undergoing AML/KYC procedure) We reserve the right to freeze Your transaction of Exchange for any period of time necessary to complete the investigation and AML/KYC procedure." This explicitly allows Exolix to freeze (block) user funds during the AML/KYC process.

ToS section: "4.3"

Account termination/blocking

Section 3.1 states: "Exolix reserves the right to terminate Your access to the Website for any reason including, among other things, violation of these Terms of Use, at its sole and absolute discretion, immediately, without prior notice and without any liability." Section 3.2 also states: "Exolix reserves the right to suspend or block Your access to the Website for any reason including, among other things, violation of these Terms of Use, at its sole and absolute discretion, immediately, without prior notice and without any liability." This clearly allows Exolix to terminate or block user accounts at their discretion, which could include cases of suspicious funds or transactions.

ToS section: "3.1, 3.2"

Transaction flagging

While not explicitly stated, the ability to freeze transactions during AML/KYC procedures per section 4.3 implies Exolix has some system to flag and review potentially suspicious transactions.

ToS section: "4.3"

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3rd Party Data Sharing

The terms do not explicitly state that user data is shared with third parties.

Data sharing with authorities

The terms do not explicitly state that user data is shared with authorities, law enforcement, or government agencies.

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