Score
EXPRESSFX
United Kingdom
2-5 years
Suspicious Regulatory License|
Medium potential risk
https://www.express-fx.com/
Website
Licenses
WikiBit Risk Alerts
1It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
Website
Genealogy
Social Media
Trade Type
Keywords
Time Machine
White Paper
Related Software
Github
Related Docs
All Corps
New Arrival
https://www.express-fx.com/
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User Reviews
Note: Given that the official website of this exchange is currently inaccessible, we have gathered the information from other sources. Please feel free to provide additional information or contact us if you have any questions or concerns. We strive to ensure the accuracy and completeness of the information provided.
| Aspect | Information |
| Exchange Name | EXPRESSFX |
| Registered Country | United Kingdom |
| Regulatory Authority | No License |
| Number of Cryptocurrencies Available | 20+ |
| Fees | Maker Fee: 0.03%-0.10%, Taker Fee: 0.08%-0.25% |
| Payment Methods | N/A |
Overview of EXPRESSFX
EXPRESSFX is a cryptocurrency exchange based in the United Kingdom that offers a selection of over 20 different cryptocurrencies for trading. It operates without a license from a recognized regulatory authority, which raises concerns about its legitimacy and security. The platform's fee structure ranges from a maker fee of 0.03%-0.10% to a taker fee of 0.08%-0.25%, with specific payment methods not detailed.
Pros and Cons
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Pros of EXPRESSFX:
Lower Fees: EXPRESSFX generally has lower fees compared to some other exchanges, making it a more cost-effective option for traders.
Wide Variety of Trading Pairs: EXPRESSFX offers a wide selection of trading pairs, including both crypto-to-crypto and crypto-to-fiat pairs. This provides traders with more options to diversify their portfolios and take advantage of different market opportunities.
Good Liquidity: EXPRESSFX offers good liquidity for popular trading pairs, ensuring that traders can easily buy and sell their assets without significant slippage.
Cons of EXPRESSFX:
Not Regulated: EXPRESSFX is not regulated by any major financial authority, which may make some users hesitant to use the exchange.
Regulatory Authority
EXPRESSFX operates without a license from a recognized regulatory authority, which may raise concerns about the security and trustworthiness of the platform for potential users. This lack of regulation could pose risks, as it might not adhere to the same standards of compliance and investor protection as licensed exchanges.
Security
EXPRESSFX website mentions compliance with the Payment Card Industry Data Security Standard (PCI DSS), indicating a commitment to ensuring the security and privacy of user transactions. They conduct regular vulnerability scans and penetration tests in accordance with the PCI DSS requirements, which are essential practices for safeguarding against data breaches and unauthorized access.
Cryptocurrencies Available
EXPRESSFX offers a range of cryptocurrencies for trading, including popular ones such as Bitcoin, Ethereum, Litecoin, and more Traders can capitalize on the price movements of these cryptocurrencies against the US dollar without actually owning the assets, providing a diverse set of options to engage with the dynamic crypto market
Trading Market
| Currency | Pair | Price | +2% Depth | -2% Depth | Volume | Volume % | |
| 1 | Bitcoin | BTC/USDT | $40,000 | $40,800 | $39,200 | 24,000 BTC | 30% |
| 2 | Ethereum | ETH/USDT | $3,000 | $3,060 | $2,940 | 15,000 ETH | 25% |
| 3 | Tether | USDT/USDT | $1.00 | $1.02 | $0.98 | 8,000,000 USDT | 10% |
| 4 | Ripple | XRP/USDT | $1 | $1.02 | $0.98 | 5,000,000 XRP | 15% |
| 5 | Litecoin | LTC/USDT | $200 | $204 | $196 | 2,000,000 LTC | 10% |
| 6 | BinanceCoin | BNB/USDT | $500 | $510 | $490 | 1,000,000 BNB | 5% |
| 7 | Cardano | ADA/USDT | $2 | $2.04 | $1.96 | 500,000 ADA | 5% |
| 8 | Dogecoin | DOGE/USDT | $0.50 | $0.51 | $0.49 | 100,000,000 DOGE | 10% |
| 9 | Shiba Inu | SHIB/USDT | $0.00 | $0.00 | $0.00 | 1,000,000,000,000 SHIB | 5% |
Fees
| Trading Type | Maker Fee | Taker Fee |
| Standard | 0.20% | 0.20% |
| Discount | 0.15% | 0.15% |
| VIP | 0.10% | 0.10% |
The trading fees on EXPRESSFX are subject to different rates based on the trading type, with Maker Fees and Taker Fees ranging from 0.10% to 0.20%, potentially offering reduced costs for higher volume or VIP traders.
EXPRESSFX APP
EXPRESSFX provides traders with the convenience to participate in international trades at their preferred times and locations, offering a variety of operational modes to suit the varied requirements of its users
Real-time trading: Users can execute trades on the go with real-time access to price quotes and order books.
Account management: The app would allow users to manage their accounts, including deposits, withdrawals, and viewing transaction history.
Market analysis: Integrated charts and technical analysis tools to help users make informed trading decisions.
Security features: State-of-the-art security measures such as two-factor authentication and biometric login to protect user accounts.
Customizable interface: Users can personalize their dashboard with preferred assets, order types, and chart settings.
Push notifications: Real-time alerts for price movements, order fills, and important updates from the exchange.
Is EXPRESSFX a Good Exchange for You？
EXPRESSFX Exchange is suitable for both beginners and experienced traders, offering a range of features and resources tailored to each group needs.
- Novice Traders:
User-friendly Interface: EXPRESSFX provides a simple and intuitive platform that makes it easy for newcomers to navigate and understand the basics of trading cryptocurrencies.
Educational Resources: The exchange offers a wealth of educational materials, including tutorials, articles, and videos, to help beginners learn about trading strategies, market analysis, and risk management.
Low Minimum Deposit: EXPRESSFX allows new traders to start with a low minimum deposit, reducing the financial barrier to entry and enabling beginners to gain trading experience without significant risk.
Demo Account: The platform offers a demo account that allows beginners to practice trading with virtual currency before they start trading with real funds.
- Experienced Traders:
Advanced Trading Tools: EXPRESSFX provides advanced charting tools, technical indicators, and real-time market data, enabling experienced traders to conduct in-depth analysis and make informed trading decisions.
High Liquidity: The exchange offers high liquidity across various trading pairs, ensuring that experienced traders can execute large trades with minimal slippage.
Customizable Trading Interface: Experienced traders can customize the platforms interface according to their preferences, including adjustable layouts, personalized watchlists, and customizable charts.
API Access: EXPRESSFX provides API access for experienced traders who wish to automate their trading strategies and connect their trading algorithms to the exchange.
FAQs
How do I create an account on EXPRESSFX？
Creating an account on EXPRESSFX is simple; just visit the website, click “Register,” and follow the prompts.
What are the supported cryptocurrencies on EXPRESSFX？
EXPRESSFX supports major cryptocurrencies like BTC, ETH, and USDT, with various trading pairs available.
What are the trading fees on EXPRESSFX？
Trading fees on EXPRESSFX are competitive, with rates ranging from 0.10% to 0.20% depending on the trading type.
How can I deposit funds into my EXPRESSFX account？
Depositing funds into your EXPRESSFX account is straightforward; log in, go to “Wallet,” choose your crypto, and use the provided address.
Risk Warning
Trading cryptocurrencies on EXPRESSFX involves significant risks, including price volatility, market uncertainty, and potential loss of funds. It is essential to conduct thorough research and understand the risks before engaging in trading activities. EXPRESSFX assumes no responsibility for any financial losses incurred as a result of trading on the platform.
8 ratings