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Home CryptoCurrencies Centralized Exchange

Finexbox.com Cryptocurrency Review : P2P Crypto-Products Trading Platform

Verna by Verna
November 8, 2019 - Updated on April 21, 2020
in Centralized Exchange
Reading Time: 4 mins read
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finexbox.com
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About Finexbox.com

Finexbox.com and the mobile apps issued under FinexBox are wholly owned and operated by subsidiary company of FINEXBOX GROUP LIMITED,(no relationship with BITMEX), a Republic of Seychelles incorporated entity or its relevant authorized affiliates. The founding team at FinexBox consists of best-of-class professionals in finance, web development, and high-frequency algorithmic trading.

The FinexBox blockchain asset trading platform is registered in the Republic of Seychelles, headquartered in Singapore. It now has been conducting blockchain business operations around the world. In addition, it also serves as a coin-to-coin trading platform geared to global market. This company obtained angel round financing worth $8 million from American financial investment company in October 2017.

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Finexbox.com 32 team members of the company have successfully completed the development and launch of the trading platform within 8 months. The company is committed to providing a stable, safe and efficient matchmaking trading system to global customers. Relying on advanced technology and good stability and reliability of MG background management, 24-hour online transaction guidance and service have been launched.

Operating company 

Exchange name Finexbox.com
Support 24/7
Withdraw Fee Free
Futures trading Present
Taker Fee  0.1%
Maker Fee 0.1%
Official site https://www.finexbox.com

How To  Start With Finexbox.com

To start trading with Finexbox.com,Indian residents first have to sign up for an account by following the steps below.

Step 1. Click on the “Login/Signup” link on the top right hand corner of the Finexbox.com 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.

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 Finexbox.com  account.

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.

Single direction fee

Maker  0.1%

Taker   0.1%

The list fee address: 3A8Nj2ebeat7PJigopnKp8JpUb6tdxBxiv

Here is ETH address:

0x3e83bfc52e4a56e1cb55c7148965b7796e6b45a4

FinexBox Withdrawal fees

FinexBox 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.

Withdraw fee:

CoinName        Fee

BTC0.00200000

PIVX1.00000000

ZEN0.05000000

IOP1.00000000

LTC0.03000000

DOGE10.00000000

LPC10.00000000

BCHABC0.01000000

HNDC1000.00000000

Deposit Methods

FinexBox 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!

Expert Support

Friendly, professional and knowledgeable Australian-based customer support team. Trade over 23 markets.

Reliable protection

Your connection is protected by SSL protocol with 256-bit data encryption, which completely eliminates your data theft by fraudsters.

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.

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

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Verna

Verna

One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ 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.

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