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Tuesday, June 18, 2024

Felixo Exchange Review: Felixo Is Legit & Secure Exchange

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About Felixo Exchange

A cryptocurrency exchange called Felixo lets customers purchase and trade coins. It is situated in Turkey and was established in 2018. In order to safeguard customer accounts and cash, Felixo Exchange offers a user-friendly interface, a high-performance trading engine, minimal fees, and a number of security features.

Numerous trading pairs are supported, including BTC/USDT, ETH/USDT, LTC/USDT, and many more. Additionally, Felixo Exchange offers a mobile app for iOS and Android that enables users to trade cryptocurrencies while on the go. In conclusion, Felixo Exchange is a trustworthy and effective cryptocurrency trading platform that is worthwhile for anyone looking to purchase or sell digital assets.

How To Sign Up & Start Trading

ExchangeDetails
Exchange NameFelixo Exchange
Exchange TypeCryptocurrency
Withdraw Fee 0.0005 BTC
Support24/7
LangugaeEnglish
Taker Fee0.25%
Maker Fee0.15%
WebsiteHomepage

How To Sign Up & Start Trading

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You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

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You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

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Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

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Felixo 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.

Felixo charges takers 0.25%, and makers 0.15%. These spot trading taker fees are quite in line with the global industry averages for centralized exchanges. Sure, industry averages have historically been around 0.20-0.25% but we now see new industry averages emerging around 0.10%-0.15%. According to Cryptowisser.com’s latest empirical study, the industry average spot trading taker fees were 0.221% and the corresponding spot trading maker fees were 0.177%. 

Felixo Withdrawal fees

Many exchanges have competitive trading fees but then hit you on the way out with their withdrawal fees. Let’s say you have reached your investment goals and you are looking to buy house with bitcoin. In order to buy that house, you need to withdraw the funds. And when doing so, the exchange can make up for its low trading fees by charging you high withdrawal fees when you’re halfway out the door.

This exchange charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This fee is quite in line with the global industry average, which – the last time we made an empirical study on the subject – was 0.00057 BTC per BTC-withdrawal.

Deposit Methods

Felixo lets you deposit assets to the exchange in many different ways, through wire transfer, debit card, and also by just depositing existing cryptocurrency assets.

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

Felixo Exchange Features

User-Friendly Interface

Users can easily explore Felixo Exchange thanks to its clear and user-friendly interface.

High Performance

To enable customers to deal fast and effectively, Felixo Exchange offers a high-performance trading engine that can process up to 10 million transactions per second.

Security

Two-factor authentication, SSL encryption, and cold storage for digital assets are just a few of the security safeguards Felixo Exchange employs to protect user accounts and cash.

Multiple Trading Pairs

There are various trading pairings supported by Felixo Exchange, including BTC/USDT, ETH/USDT, LTC/USDT, and many more.

Low Trading Fees

Felixo Exchange offers a cost-efficient platform for buying and selling cryptocurrencies with its low trading fee of 0.15%.

Mobile App

Users may trade cryptocurrencies while on the go with Felixo Exchange’s mobile app, which is available for both Android and iOS.

Customer Support

Customer assistance is available round-the-clock on Felixo Exchange to assist users with any problems they could run across when using the system.

Felixo Conclusion

For buying and selling cryptocurrencies, Felixo Exchange is a trustworthy and easy-to-use site. Felixo offers consumers a low-cost and effective option to trade cryptocurrencies thanks to its high-performance trading engine, numerous security features, cheap costs, and large selection of trading pairs. It’s a terrific option for both experienced traders and newbies thanks to its mobile app and round-the-clock customer service. In conclusion, Felixo Exchange is a serious player in the cryptocurrency trading market and is recommended for use by anybody interested in trading digital assets.

Felixo FAQ

What is Felixo Exchange?

Felixo Exchange is a digital asset trading platform that allows users to buy and sell cryptocurrencies.

Is Felixo Exchange safe?

Yes, Felixo Exchange takes security seriously and uses multiple security measures to protect user accounts and funds, including two-factor authentication, SSL encryption, and cold storage for digital assets.

What cryptocurrencies can I trade on Felixo Exchange?

Felixo Exchange supports a wide range of trading pairs, including BTC/USDT, ETH/USDT, LTC/USDT, and many more.

How much does it cost to trade on Felixo Exchange?

Felixo Exchange charges low trading fees of 0.15%, making it a cost-effective platform for buying and selling cryptocurrencies.

Does Felixo Exchange have a mobile app?

Yes, Felixo Exchange has a mobile app for both Android and iOS, allowing users to trade cryptocurrencies on the go.

How can I contact customer support on Felixo Exchange?

Felixo Exchange provides 24/7 customer support via email, live chat, and social media to help users with any issues they may encounter while using the platform.

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Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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