Brief information FreiExchange
The international FreiExchange platform is a cryptocurrency trading system with markets quoted in Bitcoin. Its terms refer to Sicanet and state that Norwegian law governs the use of the website. The published information does not identify a financial regulator or provide a regulatory license number.
Customer support operates through a ticket system at helpdesk.freiexchange.com.
The platform manages:
t.me/freiexchange — Telegram community,
freiexchange.com — the crypto platform.
Cryptocurrency selection on FreiExchange
The platform focuses on coins. Its published listing rules exclude Ethereum and ERC-20 tokens. The exchange lists Bitcoin-based markets for cryptocurrencies including: LTC, DOGE, PPC, AUR, GRC, VTC, DGB, KMD, FIRO, UNO.
Services and fees of FreiExchange
The FreiExchange platform provides the following functionality:
cryptocurrency trading through a browser interface;
buy and sell order books;
market prices and 24-hour trading statistics;
cryptocurrency deposits and withdrawals;
a public API for market statistics and order-book data;
two-factor authentication;
withdrawal address whitelisting;
account activity monitoring.
The exchange charges no trading or deposit fees. Withdrawal charges are its source of revenue and include both an exchange component and a blockchain network component.
Creating a personal account and verification on freiexchange.com
The website provides an option for creating an exchange account. Detailed requirements for identity verification, supporting documents and account limits are not explained in the published information reviewed.
The platform lists two-factor authentication, approved withdrawal addresses and account activity monitoring among its account security features. These measures are separate from identity verification.
Deposits and withdrawals with FreiExchange
The platform lists the following transaction methods:
cryptocurrency deposits from external wallets;
cryptocurrency withdrawals to external wallet addresses.
Withdrawal fees vary by coin: the table shows 0.50% for ALIAS, ARG and AUR, and 0.20% for AXE. Cryptocurrency deposits are free.
Withdrawals are usually dispatched within a few minutes.
Conclusion about FreiExchange
The information available to the public contains limited details regarding corporate registration, regulatory status, and identity verification requirements. Before transferring funds, you should check the withdrawal fees for specific cryptocurrencies and your wallet balance, as well as review user feedback about FreiExchange on independent websites.
