NZ FMA warning about an impostor using the Godex name at godex.pro
Sep 15, 2025outcome unclear- Outcome
- Impersonation, not an incident at godex.io
- Loss
- n/a
- Recovered or reimbursed
- n/a
Godex (godex.io) is an instant cryptocurrency exchange: you choose two coins, send a deposit to an address it generates, and receive the other coin in your own wallet, with no account 23. The company says it has run since 2017 4. Godex offers a rate fixed for 30 minutes and says it asks for no personal data to swap 12. Two facts matter before using it: no legal operator is named on its website, and its Terms reserve the right to hold or cancel transactions and restrict US users 1. It is not related to GoDEX label printers or to the impostor site godex.pro 5.
Godex takes your coins during the swap. The company says it uses hot wallets for funds in transit 4. Before and after the swap, the coins are in your own wallet.
The rate is locked for 30 minutes after you create an order. If your deposit does not arrive in that window, the order can be canceled. If the market moves 3% or more, Godex may extend processing or return your coins instead of completing the swap 1.
Godex does not publish a commission percentage 23. Its margin is built into the quoted rate, so the useful number is the amount you will receive, shown before you send. On top of that you pay the network fee for your deposit. There is a minimum swap size so that miner fees are covered, and no stated maximum 2. The Terms advise against orders of $30 or less 1.
Godex says no registration or personal data is needed to swap 2, and its blog says this applies "at any transaction size" 4. The Terms still let Godex refuse, postpone or cancel transactions it links to criminal or fraudulent activity 1. A no-KYC promise is a company statement, not a guarantee that a swap will never be held.
The Terms exclude users located in or holding citizenship of the United States and its territories, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, Bolivia and UN-sanctioned countries. Godex may also refuse residents of other countries 1.
Refund rules are strict and set out in Terms last updated December 25, 2020 1:
Support is by 24/7 chat on the site 2. Keep your order ID and transaction hash.
Godex offers an API and an affiliate program with up to 0.6% revenue share. The affiliate program requires registration 2.
Hacks in DefiLlama’s public database are also scored as the security record on the Godex rating page.
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