# XeggeX review: KYC policy, privacy and safety grades

> XeggeX was an exchange and is no longer operating. Withdrawals halted in February 2025 and a closure notice was posted in June 2025, according to published case reviews; a site on the domain is online again but unverified.

Source: NoKYC Score, "XeggeX review", reviewed 22 Oct 2026, https://nokycscore.com/service/xeggex

## Key facts
- **Category:** No-KYC Exchanges
- **KYC level:** 1 of 4: No ID mentioned
- **Sign-up:** Email required
- **Custody:** custodial
- **Incidents on record:** 1
- **Last reviewed:** 22 Oct 2026
- **Official website:** https://xeggex.com

## What it is
XeggeX was a centralised spot exchange focused on small-cap and proof-of-work coins, usable without mandatory identity verification. According to published reviews of the case, withdrawals stopped on 3 February 2025 after the operator reported a compromised device and a corrupted database, and a closure and bankruptcy notice followed at the end of June 2025. Estimated user losses reported in the press run up to about $80 million, and no audited refund process has been documented. A site is again reachable on the original domain in October 2026 and shows a refund-request link; its relationship to the original operator has not been verified.

## What the terms say about ID
Identity verification was optional for basic trading before the 2025 collapse; current terms were not reviewed.

## Features and warnings
- **Identity:** ID never required: not stated; No account needed: no; No email needed: no; No phone number: not stated
- **Payment:** Accepts Monero: not stated; Accepts Lightning: not stated; Accepts cash: not stated
- **Access:** Tor onion address: not stated; Works without JavaScript: not stated
- **Trust:** Never holds your funds: no; Own liquidity: not stated; Refund without ID: not stated; Independent audit: not stated; Company named: no; 5+ years operating: yes
- **Warnings:** May ask for ID: not in terms; Screens deposits: not in terms; Passes orders to partners: not in terms; Holds your funds: yes; Email required: yes; Phone number required: not in terms; Nobody accountable: yes

## Incidents on record
- 3 Feb 2025: Withdrawals halted after reported compromise; closure notice followed in June 2025 (outcome: funds lost). Source: https://plisio.net/profiles/xeggex-exchange

## Questions
### Is XeggeX still operating?
No. Withdrawals halted in February 2025 and a closure notice was posted in June 2025, according to published case reviews; a site on the domain is online again but unverified. See the alternatives listed on this page.

## Sources
- https://plisio.net/profiles/xeggex-exchange
- https://xeggex.com

How grades are calculated: https://nokycscore.com/methodology