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Finexbox.com Crypto Exchange Review: It Is Good Or Bad?

Bixer Simond by Bixer Simond
05/08/2021
Finexbox.com Crypto Exchange Review: It Is Good Or Bad?
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About Finexbox.com

Finexbox.com is a peer-to-peer cryptocurrency exchange. They are solely owned and run by HDR Global Trading Limited affiliate. Many questions were raised at this cryptocurrency type when a great percentage of users started complaining about it being a scam! Finexbox is a full-featured spot trading platform for major digital assets & cryptocurrencies, including Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, Monero and many more.

FinexBox is a P2P crypto exchange. They are a wholly owned and operated by subsidiary company of HDR Global Trading Limited. The exchange offers leveraged margin trading through a peer-to-peer funding market. This allows users to securely trade with up to 3.3x leverage. They also boast a suite of order types to help traders take advantage of every situation.

Finexbox.com Exchange Basic Points

Exchange NameFinexbox Exchange
Withdraw Fees0.002
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Make Fee0.10%
Taker Fee0.10%
Support24/7
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Finexbox Exchange?

bitfinex sign up button

It Is Very Easy To Sign Up At Finexbox Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Finexbox Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Exchange ?

Once your account is funded, you can then begin day trading at Valr. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Finexbox Exchange ?

Withdrawing your funds from Swipe is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

FinexBox Trading fees

This exchange doesn’t charge different fees between takers and makers. Their fee model is instead something called a “flat fee model”. They have set their flat fee at 0.10%. 0.10% is well below the global industry average trading fees (arguably around 0.25%).

You may also note that many exchanges have trading fees that are reduced as volumes are increased, meaning that you receive benefits of trading in larger capital volumes. The fees listed in this review and in the comparison table are excluding any such volume discounts.

FinexBox Withdrawal fees

Finexbox.com charges a withdrawal fee amounting to 0.002 BTC when you withdraw BTC. While 0.002 BTC is a rather insignificant amount in the bigger picture (on the date of this review, 16 November 2018), it’s approx. USD 11, it is also a bit above the industry average. Industry average BTC-withdrawal fees are 0.0008 BTC.

Deposit Methods

FinexBox Exchange offers wire transfer as a deposit method, but you can’t yet deposit via credit card. This feature might be added in the future though, so don’t despair!

Features

Safe

Adopt multi-layer and multi-cluster system structure, greatly improve the security and stability of the system.

Reliable

FinexBox Crypto Exchange 5 years experience, professional distributed architecture and anti-DDOS attack system.

Full-day Customer Service

Full day online, multilanguage customer service, answer your questions immediately.

Tags: Finexbox.comFinexbox.com Crypto ExchangeHow To Signup Finexbox
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .