Repeated checks over time passed
Fast no-registration crypto exchange. Established in 2018. With a wide range of crypto exchange options.
Quickex is an exchange service that accepts Monero and Bitcoin. It may request KYC during risk checks and has a score of 6/10. There are 34 user ratings averaging 4.5/5.
Scores
- Shotgun KYC
- May request KYC or block funds mid-flow, typically via AML checks, transaction limits, or liquidity partner rules. Refunds are subject to policies.
- Refunds may require KYC -3 -3
In some cases, especially when funds are flagged for AML risk, linked to suspicious activity, or hit blacklist/compliance checks, the service may require KYC or other personal information before processing a refund.
In some cases, especially when funds are flagged for AML risk, linked to suspicious activity, or hit blacklist/compliance checks, the service may require KYC or other personal information before processing a refund.
-3 Privacy-3 Trust - Transaction monitoring -1 0
Deposits are analyzed for blacklisted sources. This service automatically scans transactions AML scores. Flagged transactions may require KYC/SoF verification to complete the trade or unfreeze funds. Resolution depends on the individual service's policy, as some may issue refunds without verification.
Deposits are analyzed for blacklisted sources. This service automatically scans transactions AML scores. Flagged transactions may require KYC/SoF verification to complete the trade or unfreeze funds. Resolution depends on the individual service's policy, as some may issue refunds without verification.
-1 Privacy0 Trust - No KYC after AML check +5 +10
You can contact the service’s support team to request a free AML score check before making a deposit. If you complete this check, the service guarantees they will not require KYC or block your funds.
You can contact the service’s support team to request a free AML score check before making a deposit. If you complete this check, the service guarantees they will not require KYC or block your funds.
+5 Privacy+10 Trust
- Shotgun KYC -15 0
May request KYC or block funds mid-flow, typically via AML checks, transaction limits, or liquidity partner rules. Refunds are subject to policies.
May request KYC or block funds mid-flow, typically via AML checks, transaction limits, or liquidity partner rules. Refunds are subject to policies.
-15 Privacy0 Trust - Data Sharing -3 0
Personal and account data may be shared with authorities and third-party providers for compliance, fraud prevention, and service provision.
Personal and account data may be shared with authorities and third-party providers for compliance, fraud prevention, and service provision.
-3 Privacy0 Trust - Source code is private 0 -1
The service's source code is not public, so it cannot be reviewed or audited by the community. This limits transparency.
The service's source code is not public, so it cannot be reviewed or audited by the community. This limits transparency.
0 Privacy-1 Trust - Verified 0 +10
Passed repeated checks over time and showed consistent behavior. Read more about the listing statuses.
Passed repeated checks over time and showed consistent behavior. Read more about the listing statuses.
Check out the proof.
0 Privacy+10 Trust - Accepts Monero +5 0
This service accepts Monero, a privacy-focused cryptocurrency that provides enhanced anonymity.
This service accepts Monero, a privacy-focused cryptocurrency that provides enhanced anonymity.
+5 Privacy0 Trust - Has Onion or I2P URLs +5 0
Onion (Tor) and I2P URLs enhance privacy and anonymity.
- No registration needed +5 0
Users can access and use the service without creating an account. This enables a faster and more convenient user experience while also offering enhanced privacy and anonymity.
Users can access and use the service without creating an account. This enables a faster and more convenient user experience while also offering enhanced privacy and anonymity.
+5 Privacy0 Trust - Good Customer Support 0 +5
Customer support for this service is usually fast and helpful. They answer questions fast and solve problems.
Customer support for this service is usually fast and helpful. They answer questions fast and solve problems.
0 Privacy+5 Trust - Mature service 0 +5
This service has been operational for 8 years. While this indicates stability, it is not a future-proof guarantee.
This service has been operational for 8 years. While this indicates stability, it is not a future-proof guarantee.
0 Privacy+5 Trust - Legally registered 0 +2
Legally registered as Angel Venture Partners Limited in Seychelles 🇸🇨.
Legally registered as Angel Venture Partners Limited in Seychelles 🇸🇨.
0 Privacy+2 Trust - Third-Party Liquidity 0 0
Swaps on this service use liquidity from a network of external, third-party providers. The service itself does not hold the liquidity pools.
Swaps on this service use liquidity from a network of external, third-party providers. The service itself does not hold the liquidity pools.
0 Privacy0 Trust - JavaScript needed 0 0
The service requires the user to enable JavaScript in order to access and use its features.0 Privacy0 Trust - Base score +50 +50
Overall = 60% Privacy + 40% Trust (Truncated)
Terms of Service Review
Quickex enforces shotgun KYC via automated risk scoring (>40%). Flagged transactions are frozen. Unfreezing requires extensive KYC, incurs a 5% fee, and fails if ignored for 30 days.
Shotgun KYC
Transactions with an AML risk score > 40% or flagged as high-risk will be frozen indefinitely until extensive KYC and Proof of Funds are provided.
Punitive Refund Fee
If KYC is successfully passed, assets are not exchanged but refunded to the original address minus a 5% commission fee.
Funds Confiscation
Assets will not be returned if the user fails to provide the requested KYC documents via email within 30 calendar days.
Anti-Privacy Posture
Transactions linked to privacy tools like Tornado Cash, Mixers, Wasabi Wallet, Railgun, and JoinMarket are explicitly targeted for AML blockages.
Liquidity Provider Refusal
The third-party liquidity provider reserves the right to refuse paying out frozen funds even after the user successfully passes the AML/KYC verification.
Third-Party Data Sharing
By using the service, users consent to the processing and transfer of their personal AML/KYC data to Quickex's third-party liquidity provider.
Reviewed from quickex.io/docs/aml-policy
ToS reviews are AI-generated and should be used as a reference only.
Events
View all-
Verification update
Verification status changed from APPROVED to VERIFICATION_SUCCESS
-
Verification step added
"Test swap and support" was added
-
Currency update
Removed currencies: LIGHTNING
-
Verification update
Verification status changed from COMMUNITY_CONTRIBUTED to APPROVED
-
Verification step pending
"Insecure KYC Document Collection" status changed from warning to pending
-
Verification step added
"Small swap" was added
-
Verification step warning
"Insecure KYC Document Collection" status changed from in progress to warning
-
Attribute removed
Attribute "Basic Customer Support" was removed from Quickex
-
Attribute added
Attribute "Good Customer Support" was added to Quickex
-
Verification step added
"Support and Free AML checks" was added
-
Verification step added
"Insecure KYC Document Collection" was added
-
Attribute added
Attribute "No KYC after AML check" was added to Quickex
-
Attribute added
Attribute "Refunds may require KYC" was added to Quickex
Evidence and Review History
Passed repeated checks over time and showed consistent behavior.
- 3 passed · 1 pending
- Last review Apr 8
- Verified Apr 8
- Operating since Feb 26, 2018
Verification Steps
- PendingInsecure KYC Document Collection
The company claims to use "encrypted protocols" for email receipt and storage but lacks transparency about specific security measures, data handling procedures, and responsible parties.
- PassedTest swap and support
We performed a test swap for the value of ~2XMR. An issue with the liquidity provider appeared. We had to contact support. The issue was solved in less than 24 hours.
- Initial swap page
- Funds sent
- An error appeared - After some time, the transaction was fully confirmed, but it got stuck and an error appeared.
- Chat with support - We had to contact support. They were responsive and fast. The issue was with the liquidity provider. We had to wait. After some hours, the issue was solved and the swap proceeded.
- Completed swap
With this we conclude that the support team is responsive and offers good support. There was an issue, but it was to be expected given they have automated risk systems, as warned in this page. Swap page
- PassedSmall swap
We performed a test XMR->BTC swap for the minimum amount available.
- Initial swap page
- Deposit detected - It took around 12 Monero confirmations to get detected.
- Sending funds
- Completed
- Wallet Screenshot
- PassedSupport and Free AML checks
We contacted Quickex support from an anonymous Telegram account. They answered fast. They offered the free AML check so we avoided KYC.
Comments
I like that this exchanger doesn't ask for an email or phone number for swaps. You just paste addresses, send crypto, and receive. Rates are fair. If you're tired of signing up for yet another platform, this is a solid alternative.
I’ve been using this exchange for a few months now, and the main reason I stick with it is consistency. The rates are usually close to the market average with no hidden spikes during checkout.
The interface is clean enough - not the flashiest, but everything is where you expect it. For daily or weekly crypto swaps, it’s genuinely reliable. No drama, no unexpected surprises.
Was nervous because it wasn't a small amount, but it all went perfectly. And the support manager even ran a free AML check on my address before the exchange - I really appreciated that.
Really impressed with this service. The exchange was super easy to use, and my swap went through seamlessly. Also the rate for XMR-USDT was great
My ETH > XMR transaction got stuck. I only found out what the issue was after contacting support. Support claimed my transaction "raised flags", but chat support wasn't able to give me a clear answer.
They suggested I reach out to their compliance department and provide ID before they could do anything. Even a refund to the SAME address required me to complete ID verification. They were shotgun KYC'ing me. Support claimed "Support claimed "I want to emphasize once again that the AML procedures are carried out only in case of high transaction risk marks of the incoming payment." Their AML system is giving false red flags as this transaction only just came from being unstaked a few days ago.
QuickEX isn't providing the swap service, they refuse to refund, and they falsely claim funds are coming from illicit activities (this is easily proven by looking at an Ethereum block explorer). They're fraudulently keeping my money. At what point is this considered a rug?
I saved all communication records, and have no problem sharing Transaction hashes. My funds have currently moved to KuCoin17 while I wait for compliance to respond. I will gladly update this post if they return or respond to me
Hello,
Thank you for sharing your detailed feedback. We sincerely apologize for the stress and inconvenience this process caused you.
At QuickEx, we maintain a zero-tolerance policy toward money laundering and strive to keep a safe business environment for our clients. With hundreds of orders processed daily, we utilize an advanced automated risk-scoring system to monitor transactions in real-time. If a transaction triggers a high-risk alert, it is immediately moved to manual review by our compliance team. Users with legally obtained assets have nothing to fear from this process. Rest assured, all KYC procedures are handled by authorized specialists in strict accordance with data privacy and confidentiality standards.
We offer a refund to the original address as an alternative to completing the swap. However, because flagged funds must undergo a security cooling-off period and manual processing, this can take up to 7 business days. Usually, it happens faster.
Regarding our Transaction Pre-check, this is a voluntary tool designed specifically to help users avoid situations like yours by checking their addresses before sending funds. We do not use it to harvest data, but rather to provide peace of mind.
We value your transparency and will use your feedback to improve our communication. Should you have any further questions, our team remains at your disposal!
"With hundreds of orders processed daily, we utilize an advanced automated risk-scoring system to monitor transactions in real-time. If a transaction triggers a high-risk alert, it is immediately moved to manual review by our compliance team. "
I find this odd, as my funds were moved to the KuCoin17 exchange wallet before I could even understand that my funds were flagged. If this was flagged as potential "money laundering" funds, why would they be moved out and sent to your exchange account? Wouldn't this require an investigation?? Do they not "Freeze funds" to perform the investigation.
"Users with legally obtained assets have nothing to fear from this process."
You dont need to try and implicate any wrong doing by me. All of my funds were obtained legally, there was some co-mingling from other swap services (less than 20% of the funds), and I assume this is what flagged your system.
"Nothing to fear" - no matter what I did to verify I owned the funds, you were not going to release them until I KYC'd. I was shotgun KYC'd or take a loss on my funds and get rugged by QuickEx.
You may have legal requirements to not release funds that get flagged, but lets be honest here, You're listed on kycnot.me
Thank you for your follow-up. We understand that seeing your funds move to an exchange wallet while a transaction is "flagged" can be confusing and alarming.
As an exchange aggregator, QuickEx works with several liquidity providers to ensure the best possible rates. When a transaction is initiated, our automated system often routes the deposit to these partner environments as part of the standard swap flow. The risk-scoring analysis happens in parallel; if a flag is triggered, the process is paused at that stage for manual review. This is not a "seizure," but a standard technical step in the liquidity routing process.
You mentioned that a portion of your funds originated from other swap services. Automated AML tools are designed to look for patterns, and "co-mingling" or funds originating from "high-risk" sources (even if they represent a small percentage) are common triggers for these systems. Our compliance team does not assume wrongdoing on your part; they are simply required to verify the source to satisfy regulatory standards.
We apologize if the phrase "nothing to fear" felt dismissive of the stress you experienced. Our intent was to reassure you that the process is designed to protect legitimate users, though we recognize that being "shotgun KYC'd" is a frustrating interruption to your privacy.
Regarding our listing on kycnot.me: we aim to provide a "No KYC" experience for the vast majority of our users. However, like almost all reputable services in this space, we operate under a Selective KYC policy. This means that while 99% of transactions go through without identity verification, we must reserve the right to request it when automated risk thresholds are met to remain compliant with international standards.
We understand this experience has impacted your trust in our service. We are constantly working to fine-tune our scoring system to reduce "false positives" and make the review process as swift as possible.
Part 1:
I was able to get my funds out ONLY after providing KYC information
Even after providing the KYC information, they wanted more info. Im providing the email for full transparency & for others to see this.
QuickEx Compliance:
Thank you for passing KYC. To proceed with our AML check please provide answers to the following questions to verify the origin of your funds:
-
Please describe in detail the receipt of funds (from whom they were received/for what exactly);
-
Please provide a screenshot confirming the sending of cryptocurrency to our service, as well as information about whose service/application you use.
After providing the information & a screenshot from Metamask, QuickEx Compliance responded:
QE Compliance:
Hello, Kindly resend the screenshot where the address/hash are fully visible. Thank you
This is because the addresses and TX hash were truncated, they needed to see full TX hash and complete addresses, after scouring a few different apps, I was able to get an app that showed full address and full TX hash. Which I sent to them
Part 2:
QE Compliance:
Hello
Thank you for the information. We are ready to process your previously submitted order at the market rate. The funds will be sent to the same address you provided.
Please confirm, and you will receive the cryptocurrency shortly.
We would like to note that a refund to the original address is also available, but this may take up to 7 business days.
after all this, I had them process my order to the original address given, as I didnt want to wait 7 business days "hoping" i'd get the refund.
tl;dr I got my funds, but this was a nightmare, I had to KYC and they still wanted more info
They offer a transaction pre-check (that I didn't use prior, as I didnt know about it) where you DM their support, they ask for your address and the amount you are looking to swap. Seems like this is a way for them to collect info on visitors even if you dont use QuickEx.
I wont be using them going forward
Just exchanged some USDT for BTC here. No problems at all - everything was straightforward and fast. Honestly, it exceeded what I expected
I've been scammed 9.5 ETH by Quickex. My transaction was flagged for “suspicious funds” related to cybercrime. Despite multiple emails, my funds transferred to KuCoin 17 remain blocked for five months, with only generic responses. They seem to be using KuCoin's liquidity, as indicated on the Ethereum explorer.
Hello! We’ve clarified that your transaction was halted due to associations with illicit activity (SwissBorg Hack). While we understand this is frustrating, we must comply with our liquidity provider’s AML policies. We are in contact with the exchange and will inform you immediately if there are any changes or requirements from law enforcement.
I've exchanged substantial sums here confidentially multiple times and have never faced any issues. The support chat is quick and reliable. A truly trustworthy service
I was pleasantly surprised to see BDX and many other cryptocurrencies available, and no KYC during swap.
I exchanged USDC Base for LTC here. Overall, I had no difficulties during the process, and my expectations were fully met in the best sense.
I received my Monero and am satisfied with this exchanger. The website design turned out to be simple for me
A consistently reliable service. Quick withdrawals, good rates. Highly recommend
Smooth exchange, funds received, no problems. A very satisfying experience.
I received my XMR and was satisfied with their service. The website seemed quite simple and user-friendly. I didn't encounter any issues during the exchange, so everything worked well for me.
Needed to exchange some USDC to BTC. The swap completed in minutes, no KYC, thank god! :-D and the fees didn't make me wince. Support was quick to answer my dumb question too. 10/10
Exchanged my ZEC for BTC to top up my bet account, no KYC was required
Excellent customer support! Resolved my issue quickly and efficiently. Highly recommended.
Don't use. Litecoin Trocador swap through them was frozen: fresh address, only prior tx from MWEB, yet "failed AML check and has very high risk marks." Needed full KYC and explanation of my life history for AML, but 48+ hrs later,and still no sign of my funds. If MWEB-linked address triggers AML disclose it upfront, don't steal funds. Not cypherpunk. Avoid.
Hello! We're sad to hear you faced such a situation when using our service. Please contact us via chat or email, provide your order ID and we'll try to resolve the situation as fast as possible. Please note that we have an option that allows our users to check the wallet address via live chat before an exchange. This way we can guarantee 100% KYC-free exchange.
Exchanged XRP to XMR – no issues at all. My friend recommended it to me
Swapped ETH to XMR, it was fast and with no KYC. Support team answered my questions quickly. Will use again
Clean swaps, no signups — just how users like it. 👏
It's a great service. I found the exchange easy to navigate, and executing my swap was seamless and quick. Good rate for USDT-LTC swaps.
The fee structure for cross-chain swaps is one of the lowest I've encountered. No hidden charges and complete transparency when converting one coin to another. Highly recommended.
Used it a few times now. Support is surprisingly responsive, even for minor queries. That's a big plus. A solid choice for trading alts.
I've used Quickex several times now, and it's consistently reliable. Withdrawals are always quick, the exchange rate is good. I recommend.
Good exchange service. I exchanged my XMR without any problems. They don't do AML checks for XMR, that's what I need.
Just used this service for LTC swap. All went fast and without AML check. The fee seemed reasonable, and the final amount I received was what I expected. While it's not a service I'd rave about, it got the job done efficiently and without any major issues.
I use quickex quite often to swap different amounts of crypto. Quickex offer a big list of coins to swap and has low minimal amount limit so it is really convenient for me because sometimes I need to get a small amount of crypto. It takes about 15-20 minutes in average for my swap to be completed, which is quite a good result IMO. By using their free AML check option, I make sure that my swap won't be stopped for KYC. So far, no iqssues has ever occured with my swaps.
Good service. The only thing that I dislike is that you require 12 confirmation for Monero, while many other processors require only 10 or even lower amount of confirmations on Monero Blockhain.
After getting them to check and approve my coins pre-exchange, I sent in half the funds and they completed the order without problems. I then went back to their webchat to reconfirm the remainder of the same funds, out of an abundance of caution. Even though they had already checked and even exchanged part of the same funds just 30 minutes before.
However, this second time they said my coins were tainted and would be subject to an AML block if I sent them. Thankfully I learned this before exchange so didn't lose any funds. But this proves beyond any doubt that their AML/KYC system is entirely theatrical and a mere pretext for a selective scam for coins and/or for getting people's private data.
STAY AWAY!
Hello!
Quickex operates according to international AML policies, which require checking risk score of the incoming transactions. A second review might yield different results due to evolving regulations. We're not trying to be "theatrical" but are legally obligated to protect our platform. KYC is required when potentially compromised funds are detected. Please provide your exchange number for further assistance.
Best regards, Quickex Team
This exchange blocks or restricts funds that have been processed through CoinJoin. Be careful.
Added context: Not commenter experience, comment is based on this BitcoinTalk Thread shared as evidence
Hello!
We have already given an answer regarding this case in our topic on BitcoinTalk. We work according to the AML policy, that's why we are obliged to stop a transaction if high-risk tags are found on it. To get a non-stop exchange guarantee, please contact our support to verify the wallet address before the exchange.
Best regards, Quickex Team
Used ~15 times. No KYC for moderate amounts. Fixed rate works. Support replied once when needed. Design is basic but functional. Not perfect but definitely not a scam. Recommend for routine swaps.