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Home » Bynex Exchange Review: Is Free2exSafe Or Legit Exchange?

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Bynex Exchange Review: Is Free2exSafe Or Legit Exchange?

Cws Team
Last updated: 31/12/2022 3:51 PM
By Cws Team
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6 Min Read
Bynex Exchange Review: Is Free2exSafe Or Legit Exchange?
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About Bynex Exchange

The operator of the Bynex Exchange crypto platform is the ERPBEL Limited Liability Company. UNP 690610877 Address: 220141, Minsk, Nezavisimosti ave., 172, office 308 Bank details: account BY54BAPB30122317100170000000 in Belagroprombank OJSC Bank address: 220036 Minsk, Zhukov ave., 3, BIK BAPBBY2X

Contents
  • About Bynex Exchange
    • Operating Company 
    • How To  Start With BYNEX
    • Risk Warning
    • Dispute Resolution
    • Storage of reports
    • Customer Support
    • Disclaimer:

Limited Liability Company “ERPBEL” has been a resident of the Park of High Technologies since 2008 (registration certificate No. 0000054 dated 10.10.2008) and operates in accordance with the Decree of the President of the Republic of Belarus No. 8 dated December 21, 2017 and other legislation. ccrypto platform trades around the clock.

Bynex Exchange participates in trading on its own behalf in accordance with the provisions of clause 2.3. and Appendix 1 of the Decree of the President of the Republic of Belarus of December 21, 2017 N 8. To avoid conflicts of interest, measures have been taken in accordance with Conflict of Interest Avoidance Policy and Conditions its occurrence .

Operating Company 

Exchange NameBynex Exchange
Support24/7
LanguageEnglish
Deposit FeeFree
Commission0.45%
Exchange SupportBTC, ETH, LTC, USDT (ERC20), USD, BYN
Official SiteHomepage

How To  Start With BYNEX

To Start Trading With BYNEX Exchange Indian Residents First Have To Sign Up For An Account By Following The Steps Below.

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Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The BYNEX Website.

Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.

Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.

Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.

Step 5. Click On The “Confirm Email” Link In The Activation Email.

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Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your BYNEX Exchange.

METHOD OF PAYMENTCOMMISSIONMINIMUM AMOUNTMAXIMUM AMOUNT
Payment card
Visa cards, Belarusbank JSB0.45%
0.45%
25 BYN
10 USD
∞
Visa cards, other banksfrom 25 BYN to 250 BYN: 3 BYN + 2.5%
from 10 USD to 100 USD: 1.2 USD + 2.5%
from 250.01 BYN: 2.00%
from 100.01 USD: 2.00%
25 BYN
10 USD
∞
ERIP (Only in Belarus)
BYN1.6%5 BYN29 000 BYN
Bank Transfer
Through the territory of the Republic of BelarusNot charged by BYNEX
(The sending bank may charge the fee)
–∞
International TransferNot charged by BYNEX
(Beneficiary Bank and Correspondent Bank may charge the fee)
–∞
Cryptocurrency
ETH–0.01∞
BTC–0.001∞
LTC–0.001∞
USDT (ERC20)–10∞

* Payment systems and banks can impose restrictions (limits) on the deposit / withdrawal of funds.

Upon reaching the total amount of funds deposited by you (in the form of cash or tokens in equivalent) in the amount of USD 20,000 during a calendar month, you must provide information (confirmation) of the origin of the sources of funds.

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In accordance with Article 263 and Article 266 of the Tax Code of the Republic of Belarus, an 15% offshore tax is payable in case of withdrawing funds::

  • to a non-resident of the Republic of Belarus registered in an offshore zone,
  • to an account opened in an offshore zone.

BYNEX Exchange list of offshore zones was approved by the Decree of the President of the Republic of Belarus of May 25, 2006 N 353 (as amended on November 26, 2014) “On approval of  the list of offshore zones”

Risk Warning

Digital signs (tokens) (hereinafter referred to as tokens) are not a means of payment, are not provided by the state and the purchase of tokens can lead to a complete loss of funds and other objects of civil rights transferred in exchange for tokens (including as a result of volatility of value tokens; technical failures (errors); committing illegal actions, including theft)

Dispute Resolution

In the event that the USER disagrees with the actions (inaction) of ERPBEL LLC, the USER has the right to apply to the court in accordance with the procedure specified in the USER AGREEMENT, taking into account the pre-trial (claim) dispute resolution procedure. The USER has the right to offer ERPBEL LLC to settle the arisen dispute through mediation.

Storage of reports

BYNEX Exchange Services for storing (depositing) reports on user actions on the BYNEX crypto platform and the number of their assets in accordance with the HTP requirements are provided by Bidmarts Limited Liability Company. Show Bidmart LLC contacts.

Customer Support

[email protected]

+375 (17) 375 45 80

Disclaimer:

Not All The Websites Which Listed In Top List Are 100% Safe To Use Or Investment. We Do Not Promote Any Of Those. Due Diligence Is Your Own Responsibility. You Should Never Make An Investment In An Online Program With Money You Aren’t Prepared To Lose. Make Sure To Research The Website. So Please Take Care Of Your Investments. And Be On The Safe Site And Avoid Much Losing Online.

⚠

Editorial Standards & Risk Disclosure

✅ Reviewed by the CoinWorldStory Editorial Team

This article is published for informational and educational purposes only and is not financial, investment, legal, or tax advice. Cryptocurrency, forex, and related markets are highly volatile — never invest more than you can afford to lose, and always do your own research before acting on anything you read here. Some links on this page may be affiliate or sponsored placements; where that's the case, it's disclosed, and it never changes the accuracy of our reporting. All content is researched and reviewed under our Editorial Policy.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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