Fameex Crypto Exchange Review 2023 : Pros & Cons

What Is Crypto Exchange ?

A cryptocurrency exchange is an online marketplace where users can purchase, sell, and trade different cryptocurrencies like Bitcoin, Ethereum, and others. These marketplaces act as exchanges where users can communicate and trade various cryptocurrencies for fiat money or other digital assets.

Similar to traditional stock exchanges, cryptocurrency exchanges typically match buy and sell orders using an order book. For trading or other services like depositing or withdrawing fiat money or cryptocurrencies, they could charge a fee.

There are several different kinds of crypto exchanges, including peer-to-peer (P2P), decentralized, and centralized exchanges. Users should select the exchange that best suits their needs and tastes because each type has its own special features and advantages.

What Is Fameex Crypto Exchange ?

Released in 2020. FameEX is a global cryptocurrency exchange that now offers grid trading, futures, options, margin, spot trading, crypto-crypto trading, fiat-crypto trading, popular affiliate and referral programmed, and crypto-crypto trading. Fameex strives to offer both novice and seasoned traders a secure and user-friendly platform. They include benefits including affordable trading costs, quick transaction processing, and an intuitive user interface. Fameex provides staking services, which let users get paid for holding particular digital assets on the exchange, in addition to cryptocurrency trading.

Fameex Crypto Exchange Quick Facts

How To Register At Fameex Exchange?

To register on Fameex ,click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

Fameex Exchange Supported Countries

Fameex Exchange is a cryptocurrency exchange that supports users from various countries around the world. However, the availability of services may vary depending on the location of the user.

Exceptions are the US, China, Japan and countries in the Middle East. Syria and North Korea are also countries whose nationals cannot trade on Fameex .

How To Verify Your Fameex Cryptocurrency Account ?

There is no mandatory verification at Fameex , but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of Free. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the Fameex , Revolut platforms.

How To Buy Crypto Or Deposit Crypto At Fameex Crypto Exchange?

There are two main options for topping up your balance on Fameex . Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From Fameex Exchange ?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your Fameex Account ?

You can use the following advice to keep your Fameex account secure:

1. Make sure your password is strong and Original : It should contain a combination of letters, numbers, and special characters, and it should be at least 8 characters long. Do not use the same password for various accounts.
2. The two-factor Authentication : Feature should be enabled since it gives your account an additional layer of security. To sign in, you must provide both your password and a code or token. For two-factor authentication, you can use an email, SMS, or mobile app.
3. Enable Email Notifications: Set up email notifications for any activity on your account, such as logins, withdrawals, and trades. This can help you detect any unauthorized activity on your account.
4. Update the details on your account: Verify that your phone number and email address are current and accurate. This guarantees that you can get notifications and, if required, reset your password.
5. Use links and emails with caution: Any emails or links that request your password or other sensitive information should be avoided. Never will Fameex email you asking for your password.
6. Employ a secure Internet : connection to access your account; stay away from insecure networks like free Wi-Fi. Use a safe, password-protected network at all times.
7. Keep a watch on the activities on your account and alert Fameex right away if you notice anything strange. Alerts that inform you of any strange activity on your account can also be set up.

Fees taken when buying virtual currency

Fee Rate

Trade

Margin

USDT Perpetual

Options

Trade On Go Fameex Is 100% Mobile Friendly

Fameex’s trading platform is fully mobile-friendly, which means that it has been designed with smartphones and tablets in mind. Users may now simply access the platform from their mobile devices and conduct transactions there without giving up functionality or security. Trading platforms that are mobile-friendly might be especially useful for traders who are constantly on the road and need to access their accounts from any location at any time.

How To Contact Fameex Customer Support Team?

If you need to get in touch with Fameex’s customer service department, there are numerous ways to do so:

Live Chat: Fameex’s website offers a live chat option. To initiate a conversation with a customer service agent, click the chat icon.

Email: At [email protected], you can contact Fameex’s customer service department. Provide as much specifics as you can about your query or problem.

Phone: The phone number for Fameex’s customer service department is listed on their website. This choice might be more suited for urgent questions or problems.

Social Media: Through Facebook or Twitter, you can get in touch with Fameex’s customer service department.

Be sure to give the customer service team at Fameex as much information as you can regarding your question or problem, including your account details if necessary. This will make it easier for the customer service staff to help you more effectively.

Features Of Fameex Crypto Exchange

Cryptocurrencies Trading

The capacity to purchase and sell different cryptocurrencies including Bitcoin, Ethereum, Litecoin, and others.

Fiat Trading

The capability of trading cryptocurrencies for fiat money such as US dollars, Euros, and other significant currencies.

Security

A strong security system that includes safeguards for users’ assets such two-factor authentication, encryption, and cold storage.

User Friendly

A user-friendly platform that makes it simple for consumers to trade bitcoins.

Advanced Trading Tools

To assist traders in making educated trading decisions, advanced trading tools include technical analysis charts, order books, and trading indicators.

Low Fees

A pricing structure that is clear and reasonable and has reasonable trading and withdrawal fees.

Fameex Good Or Bad Points

Fameex is a cryptocurrency exchange that allows users to buy and sell various cryptocurrencies. Here are some potential good and bad points of using Fameex :

Good points:

1. Trading : High trading liquidity
2. Wide Range of cryptocurrencies: Many cryptocurrency pairs and trading options
3. Low Fees: Low transaction and withdrawal costs
4. Security : Modern security procedures to safeguard user assets
5. User Friendly : Interface that is simple to use and trading tools

Bad points:

1. Reputation: Platform with a bad track record or reputation.
2. Slow Transaction : Slow withdrawal or transaction processing times.
3. Limited Payment : Few methods available for depositing or withdrawing money

Is Fameex Is Safe Platform To Trade ?

Strong security measures should be in place on a secure cryptocurrency exchange to safeguard customer funds and private data. This could involve encryption, two-factor authentication, and the cold storage of user assets.

A credible exchange should comply with regulatory requirements for financial institutions and be registered with regulatory organizations in its country.

An effective reputation is a crucial sign of a secure and trustworthy exchange. To gauge the reputation of an exchange, you can read customer reviews and comments.

Users should have access to instructional materials and advice from a secure exchange to help them steer clear of common security threats like malware and phishing scams.

Fameex Conclusion

On the website Fameex, users may purportedly purchase followers, likes, views, and comments for a variety of social media platforms, including Instagram, YouTube, TikTok, and more. The purchase of phoney interaction and followers, on the other hand, is against the terms of service of the majority of social media platforms and can lead to account suspension or termination.