Exchange Review

Exchange Fees

BTC Withdrawal Fee 0.000079 Taker Fee 0.50% Maker Fee 0.50%

Deposit Methods

No Wire Transfer Yes Credit Card

UPDATE 29 September 2021: Please be advised that is the platform previously known as Exchange. The rebranding took place on 29 September 2021. is registered in Saint Kitts and Nevis. was known as Exchange up until 29 September 2021, when the rebranding took place. FMFW stands for "Free the Money, Free the World". 

As main advantages, the platform highlights that it is secure, fast and that they have dedicated 24/7 support. Rebranding

Most crypto traders feel that desktop give the best conditions for their trading. The computer has a bigger screen, and on bigger screens, more of the crucial information that most traders base their trading decisions on can be viewed at the same time. The trading chart will also be easier to display. However, not all crypto investors require desktops for their trading. Some prefer to do their crypto trading via their mobile phone. If you are one of those traders, you’ll be happy to learn that’s trading platform is also mobile compatible. You can download it to/from both the AppStore and Google Play.

Why do so many exchanges not allow US citizens to open accounts with them? The answer has only three letters. S, E and C (the Securities Exchange Commission). The reason the SEC is so scary is because the US does not allow foreign companies to solicit US investors, unless those foreign companies are also registered in the US (with the SEC). If foreign companies solicit US investors anyway, the SEC can sue them. There are many examples of when the SEC has sued crypto exchanges, one of which being when they sued EtherDelta for operating an unregistered exchange. Another example was when they sued Bitfinex and claimed that the stablecoin Tether (USDT) was misleading investors. It is very likely that more cases will follow. does not accept US-investors. Any US-investors will accordingly have to find another platform to trade at. The following list includes all restricted jurisdictions at on 20 July 2021:

(i) the United States of America; (ii) Iran, (iii) North Korea, (iv) Sudan, (v) Crimea and Sevastopol; (vi) Cuba, (vii) Syria, (viii) Ghana, (ix) DRC, (x) Tunisia, (xi) Cambodia, (xii) Trinidad and Tobago, (xiii) Libya, (xiv) Iraq, (xv) Guinea Bissau, (xvi) Lebanon, (xvii) Somalia, (xviii) Yemen, (xix) Afghanistan, (xx) Japan, (xxi) Burundi, (xxii) Zimbabwe, (xxiii) Belarus, (xxiv) Central African Republic, and (xxv) any state, country or other jurisdiction that is embargoed by the United States of America, (xxvi) a jurisdiction where the local Applicable Law prohibits or will prohibit you at any time (by reason of your nationality, domicile, citizenship, residence or otherwise) to access or use the Services. also offers leveraged trading to its users. As far as we can tell, they only offer perpetuals (i.e. futures without expiry dates). The maximum leverage level for their perpetuals is 10x (i.e. ten times the relevant amount).

A word of caution might be useful for someone contemplating leveraged trading. Leveraged trading can lead to massive returns but – on the contrary – also to equally massive losses.

For instance, let’s say that you have 100 USD in your trading account and you bet this amount on BTC going long (i.e., going up in value). If BTC then increases in value with 10%, you would have earned 10 USD. If you had used 100x leverage, your initial 100 USD position becomes a 10,000 USD position so you instead earn an extra 1,000 USD (990 USD more than if you had not leveraged your deal). However, the more leverage you use, the smaller the distance to your liquidation price becomes. This means that if the price of BTC moves in the opposite direction (goes down for this example), then it only needs to go down a very small percentage for you to lose the entire 100 USD you started with. Again, the more leverage you use, the smaller the opposite price movement needs to be for you to lose your investment. So, as you might imagine, the balance between risk and reward in leveraged deals is quite fine-tuned (there are no risk free profits).

Every trading platform has a trading view. The trading view is the part of the exchange’s website where you can see the price chart of a certain cryptocurrency and what its current price is. There are normally also buy and sell boxes, where you can place orders with respect to the relevant crypto, and, at most platforms, you will also be able to see the order history (i.e., previous transactions involving the relevant crypto). Everything in the same view on your desktop. There are of course also variations to what we have now described. This is the trading view at Trading View

It is up to you – and only you – to decide if the above trading view is suitable to you. Finally, there are usually many different ways in which you can change the settings to tailor the trading view after your very own preferences.

Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform.

This platform charges both makers and takers 0.50% per trade. These fees are more than double the global industry average fee levels for centralized exchanges. Industry averages have historically been around 0.20-0.25% but we now see new industry averages emerging around 0.10%-0.15%. According to the latest empirical study on the subject, the industry average taker fees were 0.221% and the industry average maker fees were 0.177% (for spot trading). does also have a trading fee discount table, whereby your trading fees are reduced as your trading volume during the preceding 30-day period increases. If you would be one of the crypto whales out there and trade for more than USD 1 billion during the preceding 30-day period, you would be able to reduce your trading fees down to 0.01% in taker fees and 0.00% in maker fees. We imagine that very few traders reach such volumes though. But even if you're preceding 30-day trading volume is only USD 10,001, you get some discount. The details are set out in the below table: Rebranding

To our understanding, does not charge any fees of their own when you withdraw crypto from your account at the platform. Accordingly, the only fee you have to think about when withdrawing are the network fees. The network fees are fees paid to the miners of the relevant crypto/blockchain and not fees paid to the exchange itself. Network fees vary from day to day depending on the network pressure. In general though, only paying the network fees should be considered as below the global industry average when it comes to fee levels for crypto withdrawals. lets you deposit cryptocurrency assets to the exchange, which is quite standard. However, they also let you purchase and sell crypto via debit and credit cards. Wire transfer, on the other hand, are not an accepted deposit method at this platform. Rebranding

Seeing as fiat currency deposits are at all possible at this trading platform, qualifies as an “entry-level exchange”, meaning an exchange where new crypto investors can start their journey into the exciting crypto world.

Use our Exchange Filters to easily see which platforms that allow wire transfer deposits as well.