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Crypto

Broker

Felixo

About Company

Overview

Information

Review

Summarization

Felixo

Founded in :

N/A

2018 (7 Years)

91 Reviews

Safe

3.43/5

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License

0.00

Verification on TrustFinance

0.00

Traffic & Engagement

1.67

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License

Warning

This company is currently unproved. Please be cautious of the potential risks!

What are the differences in regulations for each ?

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

License

Warning

This company is currently unproved.

Please be cautious of the potential risks!

What are the differences in regulations for each ?

Company Information

Get to know Felixo

Felixo is a Turkish cryptocurrency exchange that combines a rapid exchange service with OTC trading that provides blockchain, exchange, cold wallet, hot wallet, secure wallet, limit stop, and escrow services. On this platform, Bitcoin, Litecoin, Ethereum, Tether , Ripple, and other cryptocurrencies and tokens are exchanged.

HQ Location

İstanbul

Barbarasco, Liguria

Reviews

Highlight Review

Review Analytic

fatimamuhammadmunir034

Direct review

Excellent

Overall Thought

Felixo has exceeded my expectations as a cryptocurrency exchange. Its intuitive interface, secure trading environment, and a wide selection of digital assets make it a standout choice. The platform's responsive customer support and commitment to user experience further solidify Felixo as a top-notch destination for crypto enthusiasts and traders.

Aug 30, 2023

Maryam Garba

Direct review

Excellent

Overall Thought

At Felixo, I embarked on an exceptional trading journey that left me thoroughly impressed. Navigating their user-friendly platform, I discovered a seamless trading experience that combined advanced features with intuitive design. The responsive customer support team was instrumental in guiding me through my queries, showcasing their commitment to client satisfaction. With a diverse range of cryptocurrencies available for trading, Felixo proved to be a reliable and innovative platform, making my trading adventure both rewarding and enjoyable.

Aug 29, 2023

Shamsiyya Aminu

Direct review

Excellent

Overall Thought

Felixo stands out as a top-tier crypto exchange. With its user-friendly interface, extensive range of cryptocurrencies, and robust security features, it offers a secure and convenient trading environment. Fast transactions and responsive customer support further enhance its appeal. Highly recommended for crypto enthusiasts.

Aug 27, 2023

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Summarization

Felixo Crypto Exchange Review: A Comprehensive Assessment

Overview and General Information

Felixo Exchange is a relatively new player in the rapidly evolving cryptocurrency exchange market. Primarily based in Europe, the company positions itself as a technology leader, focusing its efforts on providing peer-to-peer (P2P) cryptocurrency exchange services. [3] This P2P model distinguishes it from centralized exchanges, offering potentially increased privacy and flexibility for users. However, understanding the regulatory landscape for P2P exchanges is crucial, and a lack of readily available information on Felixo’s licensing and certifications is a significant concern. Further investigation into this area is necessary for potential users to assess the risks involved.

Products and Services Offered by Felixo Crypto Exchange

The core offering of Felixo Exchange is its P2P cryptocurrency exchange platform. [3] This allows users to directly buy and sell various cryptocurrencies from other users without the intermediary of a centralized exchange. While this offers potential benefits regarding speed and privacy, it's crucial to understand the inherent risks involved in P2P trading, such as the potential for scams or disputes. At present, information regarding additional services, such as mobile applications, advanced trading tools, or financial advisory services, is limited. The focus appears to be squarely on the core P2P exchange functionality.

Product Features and Conditions

Felixo Exchange highlights a secure and user-friendly platform as key selling points. [3] Fast transaction processing is also emphasized, a critical feature for cryptocurrency trading where speed can significantly impact profitability. However, concrete details regarding crucial factors such as minimum deposit amounts, transaction fees (both maker and taker fees), supported cryptocurrencies beyond those implied, and the verification process remain elusive. This lack of transparency makes it challenging to fully evaluate the platform's competitiveness and suitability for individual traders.

Contact Channels and Customer Support

Currently, the most readily identifiable contact channel for Felixo Exchange is its LinkedIn page, boasting a significant following of 9,829 users. [3] This suggests some level of engagement, though it doesn't directly equate to robust customer support. The absence of readily available email addresses, phone numbers, or live chat support raises concerns about accessibility and the responsiveness of customer service. This lack of readily accessible support channels could significantly hinder a user's experience if issues arise. Users should consider this limitation when deciding whether to use the platform.

Pros and Cons of Felixo Crypto Exchange

Pros

Security Focus: Felixo emphasizes security as a core principle, which is a positive aspect given the inherent risks in the cryptocurrency market. However, the specifics of their security measures need further elaboration to validate this claim.
User-Friendly Interface (Claimed): The platform aims for user-friendliness, which could benefit novice cryptocurrency traders. However, independent user reviews and testing would be necessary to verify this.
Fast Transaction Processing (Claimed): The claim of fast transaction speeds is positive, particularly for time-sensitive trades. Again, independent verification is essential.

Cons

Limited Information: The scarcity of detailed information regarding the company’s background, licensing, and specific product features represents a major drawback. This lack of transparency raises concerns about accountability and trustworthiness.
Lack of Customer Support Transparency: The absence of readily available customer support contact information and details about service hours is a serious concern. This lack of transparency increases the risk for users facing problems.
Unclear Fee Structure: The absence of a clearly defined fee structure makes it difficult to assess the platform’s overall cost-effectiveness compared to other cryptocurrency exchanges.

Summary of Felixo Crypto Exchange Review

Who is it Best Suited For?

Felixo Exchange might be suitable for individuals and institutions seeking a supposedly secure and user-friendly P2P cryptocurrency exchange. The emphasis on security and speed (provided these claims are verified) could be appealing to traders prioritizing these aspects. However, the significant lack of transparent information represents a considerable risk.

Final Thoughts

Felixo Exchange presents a mixed picture. While the stated commitment to security and a user-friendly interface is positive, the substantial lack of detailed information about licensing, fees, supported cryptocurrencies, and customer support raises significant concerns. Potential users should exercise extreme caution and conduct thorough due diligence before using the platform. The lack of verifiable information significantly diminishes the platform’s trustworthiness and makes it challenging to recommend without substantial further clarification from Felixo Exchange itself.

Frequently Asked Questions about Felixo Crypto Exchange

Due to the limited publicly available information, creating a comprehensive FAQ section is currently impossible. We recommend visiting the Felixo Exchange website (if one exists) directly and checking for an FAQ section or contacting them through their LinkedIn page [3] for further inquiries. The absence of a readily accessible FAQ section further underscores the need for improved transparency from the company.

Question	Answer
What licenses and certifications does Felixo Exchange hold?	This information is currently unavailable. It's crucial to verify this directly with the company before using the platform.
What are the fees for using Felixo Exchange?	No information on fee structures is currently available.
What cryptocurrencies does Felixo Exchange support?	The precise list of supported cryptocurrencies remains undisclosed.
What are the customer support options?	Currently, the only readily available contact is through their LinkedIn page.
What is the minimum deposit amount?	This information is not publicly available.

Key Takeaways:

Limited public information regarding crucial aspects of the exchange.
Focus on security and user-friendliness needs independent verification.
Lack of clear customer support channels is a significant concern.
Thorough due diligence is recommended before using the platform.

References

[1] https://www.seedtable.com/startups/felixo
[3] https://contactout.com/company/Felixo-Exchange-94753
[5] https://www.zoominfo.com/c/felixo-exchange/480882268

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