Felixo Cryptocurrency Exchange Review : Pros & Cons

About Felixo Cryptocurrency Exchange

Felixo is a cryptocurrency trading platform developed by a group of blockchain technologists in 2018. Felixo, one of the first professional platforms that include next-generation payment methods, connects investors with cryptocurrency assets in a simple, quick, and secure manner. We produce cold wallet software, which is the first in Turkey and one of the few in the world, on our platform, which was built entirely by a team of Turkish engineers, to ensure that our investors’ money are kept in a secure environment.

Our consumers may easily trade with Felixo on our platform, which stands out for its high-security architecture, while keeping their crypto assets in offline wallets in the safest locations and paying cheap commission rates. We keep our investors up to date with the alarm feature against market swings while delivering service through a user-friendly system with our skilled and expert team.

Information Table

How To Register At Felixo Exchange?

To register on CrossTower , 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.

How To Verify Your Felixo Cryptocurrency Account ?

There is no mandatory verification at Felixo 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 CrossTower , Revolut platforms.

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

There are two main options for topping up your balance on Felixo 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 Felixo 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 Felixo Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

Fees taken when buying virtual currency

Felixo Trading fees

The exchange assesses a trading cost each time you place an order. The trading charge often represents a portion of the trade order’s value. Takers and manufacturers are frequently split apart in transactions. The people who “take” an existing order from the order book are known as takers. Making liquidity on the platform occurs when makers add orders to the order book.

Takers pay Felixo 0.25%, and creators pay 0.15%. These taker costs for spot trading are very typical of the global market for centralized exchanges. Yes, industry averages have typically been between 0.20 and 0.25 percent, but new industry averages are now starting to appear between 0.10% and 0.15 percent.

Felixo Withdrawal fees

Many exchanges provide reasonable trading rates, but they slap withdrawal fees on you when you leave. Consider a scenario in which you are wanting to buy a house with bitcoin after achieving your investment objectives. You have to take the money out and buy that house. This allows the exchange to offset its cheap trading fees by hitting you with exorbitant withdrawal fees just as you’re about to leave.

Deposit Methods

With Felixo, you can add assets to the exchange in a variety of ways, including through wire transfer, debit card, and simple deposit of current cryptocurrency assets.

Felixo qualifies as a “entry-level exchange,” which is an exchange where novice cryptocurrency investors can begin their adventure into the exciting world of cryptocurrencies, given that fiat money deposits are permissible at this trading platform.

Features Of Felixo Crypto Exchange

Available At Android & IOS Store

Felixo Cryptocurrency Exchange exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading.

Convenient Payment Methods

Felixo accepts a wide range of payment methods, including UK bank transfers, debit cards, and credit cards.

Trading Pairs:

Felixo supports a wide range of trading pairs, including BTC, ETH, USDT, USDC, and more. This allows traders to access a variety of cryptocurrencies and trade them against each other.

Low Trading Fees:

Felixo charges low trading fees of just 0.03% for market makers and 0.07% for market takers. This makes it one of the most affordable exchanges on the market.

Lowest Costs

No-Fee Trading, trade crypto commission-free.

High liquidity

Felixo offers deep liquidity with access to institutional-grade liquidity from multiple sources, including exchanges, brokers, and market makers.

High Security

We protect your transactions with our safe infrastructure and store your investments in safe offline wallets.

User friendly

With its easy-to-use interface, shortcuts and many other advantages, we enable you to easily perform your trading transactions.

Low Fees

With advantageous fee amounts, we offer you the opportunity to make more transactions with less fee.

24/7 Support Line

We will respond quickly to any request you send to [email protected].

Felixo Conclusion

In conclusion, is a reliable and secure cryptocurrency exchange that offers a wide range of cryptocurrencies for trading, with low fees and high liquidity. Its proprietary mining pool allows users to earn additional income while trading cryptocurrencies on the platform. The exchange also offers advanced trading tools for experienced traders and a user-friendly interface for novice traders.