On opening the exchange the 2.5% super rate makes me avoid the sub standard bitcoin and or other currency exchanging my income . Go with the special rates and exchange doesn't start due to incorrect captcha multi times

Good step and the reserve is excellent, but there are a few points to note:

Minimum deposit is a bit high; $100 isn't a good minimum.

Fees are relatively high compared to other services.

According to the homepage, the service doesn't collect user data (No Logs), but according to the terms of service:


This leads us to the following: While the service claims to be No KYC, there's no explicit NO KYC requirement in the terms of service.

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Otherwise, the service is good, and I'll try it after receiving answers.

Term & Conditon > Prohibited Jurisdictions

Those who are confirmed are US, and other country are based on the laws of their country. If your country's laws prohibit cryptocurrency, then your country are inclueded on this list. Maybe you just can follow are general information on internets like.

"Full list on each country are allowed, or prohibited about cryptocurrency"

Can somehow use these list as guide for the country potential getting Prohibited Jurisdictions.

Thank you for the feedback!

We do not restrict any jurisdictions, we leave it up to the end user to follow local laws and regulations we do not geo-block any users so MoBit can be used anywhere with an internet connection. We will edit our terms to make this more clear.

This is one of the simplest exchanges I’ve seen, no KYC, nothing fancy, just straight to the point.

What you really need to do is build a good reputation in the forum, and I think it’s a good step that you started running a campaign with one of the most reliable campaign managers here. Hope you stay around for a long time.

These days it’s honestly hard to trust exchanges that keep asking for our information, that’s why no KYC fits crypto much better for me.

Honestly I like this Step, as a newcomer who decided to promote his services on this forum, this is the most appropriate way. So that potential users of your services will have no hesitation to test your platform.

Btw, are you willing to give a gift to the Bug finder on your platform? It's just a trivial question, because sometimes I can find Bugs. If you don't confirm the existence of a Bug Bounty, I won't bother to report it to you if I find a Bug.
Because I used to find a bug on one of the platforms here, after I found the bug and reported it, they just said it wasn't a serious problem. Honestly it's just a waste of my time for reporting it.

This is a positive step in the right direction.
Launching a campaign and also sending some security funds in escrow shows that you are well directed by a experienced professional.
Kudos Little mouse. I am going to use the service and drop my review.

I wish your project success. This niche is still largely unsaturated because people have now realised the importance of privacy. I wish you longevity in this space.

I think they already written everything on their TOS.


So its clear that if you are from this countries or regions or what they have written you are been discourage or not allowed to use their platform.

Its good to read their TOS since there are lots to learn about them https://mobit.exchange/terms-of-service

Thank you for the questions.

To clarify how our rate types work:

For a **Flat Rate** order, the quoted rate is reserved for your order and is honored once your deposit transaction reaches the required number of confirmations for the source asset. Using a BTC → XMR swap as an example, we currently require 2 BTC confirmations before the order is added to the XMR sending queue. Once those confirmations are reached, the exchange is completed at the pre-agreed flat rate.

So in the scenario you described, if your BTC transaction takes longer than expected to be included because no blocks are mined for some time, we would still wait for the required confirmations and process the swap at the flat rate associated with that order, rather than repricing it simply because the market moved during that period. We will hold the rate for 20 min

For a **Dynamic Rate** order, the rate is not guaranteed at order creation. Instead, the final rate is based on market conditions when your deposit transaction receives the required confirmations and the order is processed. In the same BTC → XMR example, that means the dynamic rate is effectively determined once your BTC transaction reaches 2 confirmations.

And to answer your second question directly: in that description, **“your transaction” refers to the transaction you send to MoBit**, not the outgoing transaction we send to you.

We appreciate you raising this, because it is a good point and we will make the wording in the FAQ clearer so there is less room for confusion.