October 27, 2021

Exolix Review

exolix review

Exolix is a rapidly expanding digital currency swap service that allows for unlimited crypto-to-crypto trading. It works with a number of cryptocurrency exchanges to locate and offer the best possible prices for converting coins.

What Is Exolix?

Exolix is a well-known cryptocurrency swap exchange that offers a quick and secure way to convert one cryptocurrency to another. More than 529 cryptocurrencies, including Bitcoin, Ethereum, XRP, USDT, and others, are supported by the site. Exolix is a secure and reliable crypto platform that has been operational since 2018.

Is Exolix safe?

Exolix offers robust security measures to prevent against Network threats, such as SSL certificates, which are the standard cryptographic technique for securing data flow over the internet. Exolix can be deemed a safe and secure site to trade crypto because it has been operational since 2018 without any security problems or attacks. And from its customers' review from Trustpilot, the platform looks like it's safe to use.

exolix reviews

To allow safe and secure crypto-to-crypto conversions at the highest prices, the exchange has partnered with some of the leading crypto trading platforms on the globe. Exolix has acquired the trust of individuals from all around the world and continues to develop, according to its website, with over 500 users every day.

partners

Features

There is no need to create an account

Exolix does not use fiat currencies, thus there are no Know Your Customer (KYC) requirements or limits based on nation or age. To use Exolix's swap services, all you need is a valid wallet address to send and receive cash.

Rates that are fixed

Exolix fixes its conversion rates for 1 hour during the transaction process until the swap is completed. This is a significant advantage because some traditional cryptocurrency exchanges offer variable rates during the purchase process.

There Are No Limits

Exolix does not have a maximum trade limit, unlike several centralized cryptocurrency exchanges that do. This implies that users can convert any amount to cryptocurrency. This is ideal for high-net-worth individuals who want to secretly exchange Bitcoin for Ethereum or another digital money. There are minimum quantities to be mindful of during the transaction, which are displayed for each currency.

They have a mobile app

The platform has a mobile app that you can use to exchange cryptocurrencies anywhere around the world. This app is available for both Android and iOS.

mobile app

Using the Exolix Platform

Exolix has a user interface that is straightforward and user-friendly for both beginners and seasoned crypto investors. The procedure for exchanging crypto is simple and consists of four simple steps that may be done in a matter of minutes. The procedure entails:

  • Select the assets to be swapped (e.g. BTC to ETH)
  • Decide on a dollar amount and send it to the wallet address.
  • The cryptocurrencies will be delivered to the wallet address you specified
  • Keep track of the specifics of the completed transaction.
Using the Exolix Platform

The swap amounts, transaction ID, input hash, and matching wallet addresses will be presented during the final steps of the transaction process.

Depending on the coins used and network traffic at the moment, the conversion can take anywhere from 5 to 30 minutes to complete.

What Are The Fees For Deposits And Withdrawals?

Exolix does not charge any fees for depositing or withdrawing money from the site. Customers should be informed of the normal crypto network fees for processing blockchain transactions. The network charge for transferring Bitcoin, for example, is usually 0.0005BTC. The withdrawal cost is set by the network's usage of the coin in question, and it does not benefit Exolix.

Customer Service

To assist with troubleshooting or general understanding, the Exolix website includes a list of frequently asked questions and answers. The staff can be contacted directly by email at [email protected] or using the contact form if you have particular questions about how to utilize Exolix. There is a live chatbot that can be used to contact the support team, however it does not appear to be available 24 hours a day, 7 days a week with a live customer service representative.

Pros

Cons

  • There's no need to create an account or verify your identity.
  • Suitable for both new and seasoned merchants.
  • The money is sent immediately to a hardware wallet.
  • Supports over 529 cryptocurrencies
  • There are no trading limits.
  • Fees tucked inside in the prices are a tad steep.
  • There is no app for mobile devices.

Conclusion

As witnessed from the many positive reviews, and Exolix  being backed up by some of the known big crypto brands like Dash and Monero, it's safe to conclude that the platform honestly offers what it claims on their website it does. Any crypto investment involves risk, therefore before putting your hard-earned money into any project ensure to first do a thorough research on the project.

Jack Evans

About the author

I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments. 

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