HomeExchangeFoblgate Crypto Exchange Review: It Is Good Or Bad?

Foblgate Crypto Exchange Review: It Is Good Or Bad?

About Foblgate Crypto Exchange

Foblgate Crypto Exchange, a global virtual asset investment platform. FOBLGATE is a next-generation virtual asset exchange that was officially opened on July 8, 2019. You can trade promising cryptocurrencies on KRW market with an optimized user experience such as easy sign-up/log-in with Facebook and Kakao, and a variety of services on FOBLGATE as well.

Foblgate also supports convenient, quick and safe deposits and withdrawals with 20 local banks in Korea, and provides the best convenience to customers through an intuitive transaction screen and 24-hour customer center operation.

Foblgate Crypto Exchange does not the only list but also discovers promising coins based on various experiences of project accelerating and franchise businesses. This is expanding its business area by launching a real economy platform that combines investment opportunities and discount payment services. FOBLGATE is becoming a platform where projects find real values.

Foblgate Exchange Basic Points

Exchange NameFoblgate
Min Withdraw 0.00027 BTC
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Taker Fee0.05%
Maker Fee0.05%
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Foblgate Crypto Exchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At Coinflex 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 Foblgate 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 Foblgate 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.

FOBLGATE Trading fees

Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform.

FOBLGATE charges what they call flat fees, meaning that both the takers and the makers pay the same fee: 0.05%. These taker fees are very competitive and substantially below the global industry averages for centralized exchanges. Sure, industry averages have historically been around 0.20-0.25% but they now see new industry averages emerging around 0.10%-0.15%. In any event, regardless of which industry average you compare against, FOBLGATE’s trading fees are very low.

FOBLGATE Withdrawal fees

To understanding, FOBLGATE does not charge any fees of their own when you withdraw crypto from your account at the platform. Accordingly, the only fee you have to think about when withdrawing are the network fees. The network fees are fees paid to the miners of the relevant crypto/blockchain, and not fees paid to the exchange itself. Network fees vary from day to day depending on the network pressure. In general though, only paying the network fees should be considered as below global industry average when it comes to fee levels for crypto withdrawals. 

Deposit Methods

In addition to depositing cryptocurrency to the platform, FOBLGATE also lets you deposit fiat currency. However, only through wire transfer (not credit or debit card).

Seeing as fiat currency deposits are possible at this trading platform, this platform qualifies as an “entry-level exchange”, making it an exchange where new crypto investors can start their journey into the exciting crypto world.

Why Choose Foblgate Crypto Exchange

Top Security Platform

Foblgate Crypto Exchange Provides top-level security services to users such as cold wallet storage, data monitoring, password security, and 2FA authentication with multi-signature technology.

An easy-to-use and convenient exchange for anyone

Facebook, Kakao, Apple simple login and trading view chart support.

Communication and support for various customer service channels

Support various communication channels such as Kakao Talk Plus Friends, Telegram, etc.

Acquired Information Security Management System (ISMS) certification

(Information Security Management System) A system in which a comprehensive information security management system such as establishment, management and operation is certified by the government to protect major information assets.

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