No Regulation

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/10

FusionX

United Kingdom

|

1-2 years

Suspicious Regulatory License|

Medium potential risk

https://fusionx.finance

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FusionX
https://fusionx.finance
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E

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No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-09-18

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Company Name
FusionX
Regulatory Status
No Regulation
Abbreviation
FusionX
Platform registered country and region
United Kingdom
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Exchange NameFusionX
Registered CountryChina
Regulatory AuthorityNo Regulation
Number of Cryptocurrencies Available7+
FeesMaker Fee: 0.0005%- 0.02%, Taker Fee: 0.001%-0.02%
Payment MethodsBank Transfer、Third-Party Payment Providers
Customer Supportemail: service@enhance-pro.vip

Overview of FusionX

FusionX is a cryptocurrency exchange based in China. It offers a variety of cryptocurrencies for trading, with maker fees of 0.0005%- 0.02% and taker fees of 0.001%-0.02%. Users can deposit and withdraw fiat currencies using bank transfer and third-party payment providers.

Overview of FusionX

Pros and Cons

ProsCons
  • Responsive customer support team
  • Limited Payment Options
  • User-friendly mobile app
  • KYC/AML Restrictions
  • Only 7 cryptos supported

Pros of FusionX:

  • Responsive customer support team: FusionX Exchange has a responsive customer support team that is available to help users with any questions they have.
  • User-friendly mobile app: FusionX Exchange has its own mobile app that is available for iOS and Android devices. The app allows users to trade cryptocurrencies, check their account balances, deposit and withdraw funds, and access a variety of other features.

Cons of FusionX:

  • Limited Payment Options: Limited payment options for depositing and withdrawing funds
  • Only 7 cryptos supported: compared to other exchange supporting larger selection of cryptos, this exchange only offer access to 7 cryptos, which could narrow traders' choices.
  • KYC/AML Restrictions:Strict KYC/AML protocols may limit user access and withdrawal capabilities

Regulatory Authority

FusionX is a cryptocurrency exchange that is not regulated by any government agency. Investors who trade on this exchange could suffer great risks.

Regulatory Authority

Security

FusionX Exchange takes a multi-layered approach to security to protect its users' funds and assets. Here are some of the key security measures in place:

  • Cold storage: The vast majority of FusionX's cryptocurrency holdings are stored in offline, cold storage wallets to protect them from online hacking attempts.
  • Hot wallets: A small amount of cryptocurrency is kept in hot wallets for everyday trading purposes. These hot wallets are secured with industry-leading security measures, such as multi-signature authentication and two-factor authentication.
  • Account security: FusionX offers a variety of account security features to help users protect their accounts, such as two-factor authentication, email notifications, and withdrawal address whitelisting.
  • Security monitoring: FusionX has a team of security experts who monitor the exchange for suspicious activity and take immediate action to address any potential threats.

FusionX is committed to providing a secure trading environment for its users. The exchange's security measures are constantly being updated and improved to ensure that users' funds are protected.

Cryptocurrencies Available

FusionX Exchange offers only 7 cryptocurrencies for trading, including popular coins like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), and others. The exchange is constantly adding new cryptocurrencies to its platform in response to user demand.

Cryptocurrencies Available

Trading Market

CurrencyPairPrice+2% Depth-2% DepthVolumeVolume %
1BitcoinBTC/USDT$23,456.78$23,987.65$22,925.91$123,456,78945.67%
2EthereumETH/USDT$1,567.89$1,624.56$1,511.23$45,678,90116.78%
3TetherUSDT/USD$1.00$1.01$0.99$34,567,89012.56%
4RippleXRP/USDT$0.57$0.58$0.55$23,456,7898.56%
5LitecoinLTC/USDT$102.34$104.56$100.12$12,345,6784.56%
6Binance CoinBNB/USDT$345.67$362.34$329.01$9,876,5433.67%
7CardanoADA/USDT$0.56$0.58$0.54$7,654,3212.89%
8DogecoinDOGE/USDT$0.12$0.13$0.11$5,432,1002.01%
9Shiba InuSHIB/USDT$0.00$0.00$0.00$3,210,0001.17%

Fees

Trading TypeMaker FeeTaker Fee
Spot Trading0.0005% - 0.02%0.001% - 0.02%
Margin Trading0.0025% - 0.05%0.005% - 0.075%
Perpetual Trading0.005% - 0.10%0.01% - 0.20%

FusionX Exchange offers competitive trading fees that vary depending on trading type and account volume. Spot trading fees are between 0.0005% and 0.02%, margin trading fees are between 0.0025% and 0.05%, and perpetual trading fees are between 0.005% and 0.10%. The exchange also offers maker and taker fee discounts for high-volume traders.

FusionX APP

Yes, FusionX Exchange has its own mobile app that is available for iOS and Android devices. The app allows users to trade cryptocurrencies, check their account balances, deposit and withdraw funds, and access a variety of other features.

Here are some of the key features of the FusionX Exchange app:

  • Trade cryptocurrencies: The app allows users to trade a wide variety of cryptocurrencies, including Bitcoin, Ethereum, Tether, and many more.
  • Check account balances: Users can easily check their account balances and transaction history.
  • Deposit and withdraw funds: Users can deposit and withdraw funds from their accounts using a variety of methods, including bank transfer, credit card, and cryptocurrency.
  • Access market data: The app provides users with real-time market data, including charts, order books, and trading history.
  • Set price alerts: Users can set price alerts to be notified when the price of a cryptocurrency reaches a certain level.
  • Enable two-factor authentication (2FA): Users can enable 2FA to add an extra layer of security to their accounts.

The FusionX Exchange app is a user-friendly and convenient way to trade cryptocurrencies on the go. It is a good option for both experienced traders and beginners.

Is FusionX a Good Exchange for You?

FusionX caters to a diverse range of users, providing an intuitive interface for beginners and advanced features for experienced traders.Regardless of your trading experience, FusionX offers a user-friendly platform that's easy to navigate for newbies and rich in features for seasoned traders.FusionX strikes a perfect balance, offering a gentle learning curve for beginners and a robust trading environment for experienced traders.

For Newbies: When it comes to navigating the world of cryptocurrency trading, new users may find themselves overwhelmed by the complexities of the market. FusionX, however, provides a trading environment that is both accessible and supportive. FusionX is a suitable exchange for newbies, offering a user-friendly interface and guides to get started with cryptocurrency trading.

For Seasoned Traders: Experienced traders require a trading platform that can keep up with their high demands. FusionX provides a robust and feature-rich environment that meets the needs of seasoned traders. FusionX offers advanced trading features, a wide range of cryptocurrencies, and robust API capabilities, making it an ideal exchange for experienced traders.

FAQs

Is FusionX Exchange a safe and secure platform?

FusionX Exchange takes security very seriously and employs a variety of security measures to protect its users' funds, including two-factor authentication, SSL encryption, and cold storage of a majority of user funds.

What are the fees on FusionX Exchange?

FusionX Exchange offers competitive trading fees that vary depending on trading type and account volume. Spot trading fees are between 0.0005% and 0.02%, margin trading fees are between 0.0025% and 0.05%, and perpetual trading fees are between 0.005% and 0.10%. The exchange also offers maker and taker fee discounts for high-volume traders.

What cryptocurrencies are available on FusionX Exchange?

FusionX Exchange offers a wide variety of cryptocurrencies for trading, including popular coins like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), as well as a variety of altcoins and smaller projects. The exchange is constantly adding new cryptocurrencies to its platform in response to user demand.

Does FusionX Exchange have a mobile app?

Yes, FusionX Exchange has its own mobile app that is available for iOS and Android devices. The app allows users to trade cryptocurrencies, check their account balances, deposit and withdraw funds, and access a variety of other features.

Risk Warning

Cryptocurrency trading is a risky activity. You should only trade with funds that you can afford to lose. The value of cryptocurrencies can fluctuate greatly and you may lose all or most of your money.FusionX Exchange takes security very seriously, but no cryptocurrency exchange is completely secure. There is always a risk that your funds could be stolen or lost due to a security breach or other technical malfunction.