Finexbox is a centralized exchange launched in October 2018 and based in Hong Kong. Finexbox describes itself as a full-featured platform for spot trading of digital assets. The platform is registered in the Republic of Seychelles and is headquartered in Singapore. The company that owns the exchange is GENESIS BLOCKCHAIN GLOBAL LTD. (registered in both the UK and China).
FinexBox's founding team consists of professionals in finance, web development, and high-frequency algorithmic trading. The co-founder and Chief Executive Officer is Dennis Smith.
In October 2017, the company received $ 8 million in angel financing from an American financial investment company. 32 members of the company's team have successfully completed the development and launch of the trading platform in order to provide customers around the world with a stable, secure and efficient trading system for finding partners.
Finexbox is a full-featured platform for spot trading of digital assets and cryptocurrencies. The exchange offers margin trading of 242 leveraged cryptocurrency pairs through the peer-to-peer funding market, allowing users to safely trade with up to 3.3x leverage.
The exchange also boasts a set of order types to give traders the tools they need for each trading scenario.
Advanced chart tools are also provided, allowing you to trade directly from the Finexbox charts. Finexbox has integrated TradingView charts, so you can use a full set of tools to draw, comment, upload, and publish your charts.
The exchange has developed a mobile app to allow traders to make trades and track the crypto market on the go. The mobile app is well compatible with Android and iOS OS.
Finexbox has set the following fees:
- Trading fees: Maker and Taker - 0.10%
- Bitcoin withdrawal fee - 0.00200000 BTC
- The deposit is free, but it must be more than the minimum.
The security of user information and funds is the main priority of the exchange. Since Finexbox is a centralized licensed exchange, bank-level security measures are used to ensure the security of funds and confidential customer information.
- To own your crypto assets, you need to manage your own private keys.
- Ledger hardware wallets make private key management easy and secure.
- Each unique 24-word recovery phrase creates a new set of private keys.
- Make sure you secure your 24-word recovery phrase properly.