About FMFW.io Exchange
FMFW.io was known as Bitcoin.com Exchange up until September 29, 2021, when the rebranding took place. FMFW stands for "Free the Money, Free the World" and is registered in Saint Kitts and Nevis. It provides you with analytics so you can constantly check the prices of the coins you invested in, while also giving you a social feed.
It also has trading contests, margin trading, a market overview, an IEO, and the ability to buy crypto with cash, which is very important if you are just starting out in crypto trading.
FMFW.io Exchange Sign Up
Although FMFW.io does not have a mandated KYC, the company may request your personal information if it is necessary. In the event that a transaction is flagged as suspicious by the risk score algorithm, it is placed on hold until further notice and you must pass AML/KYC checks. A lot of fraudsters, money launderers, and other people who do bad things have been caught because they used the system to do it.
FMFW.io Exchange Fees
On this platform, both makers and takers are charged the same 0.50 percent commission for each transaction. average costs for centralized exchanges are more than twice as high as this. We've seen industry averages of 0.20-0.25 percent in the past, but today we're seeing new industry averages of 0.10-0.15 percent.
Trading costs at FMFW.io might be decreased based on the number of trades you have made in the prior 30 days. If you trade more than USD 1 billion during that time period, taker fees will be reduced to 0.01 percent and maker fees will be reduced to 0.00 percent.
The goal of FMFW.io is to make cryptocurrency trading accessible to all levels of traders, from the novice to the seasoned expert. The exchange makes it easy to trade any cryptocurrency because it has a wide range of trading pairs and 24-hour multilingual customer service in many languages.