📌 Basic Facts
Exchange Name: FINEXBOX
Founded: October 2018
Headquarters location: Hong Kong (operating entity registered in Seychelles)
Platform Type:Centralized crypto spot exchange
Operator: FINEXBOX Group Limited (not affiliated with BitMEX)
Accessible devices: Web platform, compatible with mobile devices
⚙️ core features and services
Supported currencies: 200+ cryptocurrencies, including BTC, ETH, LTC, XRM, MATIC, TRX and other mainstream and niche token
trading pairs: more than 241, covering BTC, USDT, ETH, DOGE, FNB and other basic currencies
leveraged trading: Provide peer-to-peer financing transactions with up to 3.3 times leverage (some users misindicate up to 100 times)
Registration process: only email address, no identity certificate or KYC required
🔐 security
asset storage: Combined with cold wallet and hard wallet systems, more than 95% of assets are stored offline
Security measures: support mandatory two-factor authentication (2FA) to improve account security
No major security vulnerabilities: No public security incidents have occurred so far
💰 fee structure
transaction fees: 0.1% (lower than the industry average) for both Maker and Taker
Deposit fees: Crypto deposits Free
withdrawal fees: High, for example: BTC costs 0.002 BTC per withdrawal (much higher than the industry average of 0.0006 BTC).
🖥️ User experience and customer support
user interface: clean design, suitable for beginners and professional
usersCustomer support: The official website claims 24/7 support, but it is mainly handled via email and Telegram, and the response speed is generally slow
email address:
service@finexbox.comTelegram support: https://t.me/finexbox
Educational Resources: No official tutorials or user learning materials are provided, and users are required to find their own materials
🔄
deposit and withdrawal mechanism
deposit: only support cryptocurrency, not fiat currency deposit
and withdrawal: it is the norm to arrive within 24 hours, but individual users report different withdrawal experiences
📊 integrate with third parties
CoinStats integration: Support access to CoinStats through API to monitor portfolios in a unified manner, track returns and analyze data
✅
advantages
low transaction fees (0.1%)
, rich in currencies, support for niche and unpopular tokens
, support for leveraged trading, suitable for experienced traders
The threshold for opening an account is low, and no KYC
is required
⚠️ disadvantages
lack of regulatory oversight: not regulated by any official financial regulator
customer service rating, The slow response, limited communication channels,
and the inability to recharge fiat currencies restrict users from making initial deposits
and withdrawals, which is not conducive to small-amount frequent transactions
without educational content, and is not suitable for beginner users to learn
on their own
🎯 Who is
it for
It is suitable for experienced users who understand the risks of trading and value transaction fees and currency richness. It is not recommended for novices who have high requirements for security supervision and prefer fiat currency deposits.
🔚
summary
FINEXBOX is a full-featured, multi-currency, and low-cost centralized cryptocurrency trading platform for users who want to explore a variety of token trading opportunities. However, issues such as low regulatory transparency, high withdrawal fees, and inadequate customer service need to be noted. It is recommended that users carefully assess the risks before using and avoid large long-term asset custody.
