EDIT: I created a flag against Godex_io. For additional info, please follow along with the rest of the thread.

---

Hi all!

My story

I am all-in towards privacy and my exchanges always take place in various services and apps that are censorship resistant.

After eXch shut down, I needed to use another service to convert one of my UTXOs into XMR.

I decided to use Godex.io, in order to do my job, since it was supposed to be KYC-free.

As a result, my coins are locked there and they require me to send them:
a) a picture of me holding my ID card.
b) a picture of me holding a piece of paper that has the phrase "Godex" written upon it and the current date.

The "fun" part is that they don't refund me my money without giving them my personal information.

I am obviously not going to share my info with an unregulated exchange.

I am thinking about going legally against them, but they are based in the Seychelles, so it seems to me that I will most likely lose time and money to do it.

Nervermind...

Conclusion
1. Be careful who you trust. Even if the service is non-KYC, or is supposed to be a DEX, be careful. When you send your funds to a service in order to be exchanged, mixed or whatever, you lose (hopefully temporarily) the custody of the funds. Never forget this.

2. Prefer to use Bisq, or other services where custody remains under your control, or, at least it's not transferred entirely to a third party.

3. LoyceV said it perfectly here, and I support this:

EDIT: I created a flag against Godex_io. For additional info, please follow along with the rest of the thread.

---

Hi all!

My story

I am all-in towards privacy and my exchanges always take place in various services and apps that are censorship resistant.

After eXch shut down, I needed to use another service to convert one of my UTXOs into XMR.

I decided to use Godex.io, in order to do my job, since it was supposed to be KYC-free.

As a result, my coins are locked there and they require me to send them:
a) a picture of me holding my ID card.
b) a picture of me holding a piece of paper that has the phrase "Godex" written upon it and the current date.

The "fun" part is that they don't refund me my money without giving them my personal information.

I am obviously not going to share my info with an unregulated exchange.

I am thinking about going legally against them, but they are based in the Seychelles, so it seems to me that I will most likely lose time and money to do it.

Nervermind...

Conclusion
1. Be careful who you trust. Even if the service is non-KYC, or is supposed to be a DEX, be careful. When you send your funds to a service in order to be exchanged, mixed or whatever, you lose (hopefully temporarily) the custody of the funds. Never forget this.

2. Prefer to use Bisq, or other services where custody remains under your control, or, at least it's not transferred entirely to a third party.

3. LoyceV said it perfectly here, and I support this:

Hi all!

My story

I am all-in towards privacy and my exchanges always take place in various services and apps that are censorship resistant.

After eXch shut down, I needed to use another service to convert one of my UTXOs into XMR.

I decided to use Godex.io, in order to do my job, since it was supposed to be KYC-free.

As a result, my coins are locked there and they require me to send them:
a) a picture of me holding my ID card.
b) a picture of me holding a piece of paper that has the phrase "Godex" written upon it and the current date.

The "fun" part is that they don't refund me my money without giving them my personal information.

I am obviously not going to share my info with an unregulated exchange.

I am thinking about going legally against them, but they are based in the Seychelles, so it seems to me that I will most likely lose time and money to do it.

Nervermind...

Conclusion
1. Be careful who you trust. Even if the service is non-KYC, or is supposed to be a DEX, be careful. When you send your funds to a service in order to be exchanged, mixed or whatever, you lose (hopefully temporarily) the custody of the funds. Never forget this.

2. Prefer to use Bisq, or other services where custody remains under your control, or, at least it's not transferred entirely to a third party.

3. LoyceV said it perfectly here, and I support this: