Stoppage of Business

Score

0123456789.01234567890123456789
/10

BFEX

China

|

Stoppage of Business

2-5 years|

Suspicious Regulatory License|

High potential risk

https://bfexx.com/

Website

Rating Index
Contact
BFEX
https://bfexx.com/
Influence
E

Licenses

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

WikiBit Risk Alerts

2
Previous Detection 2024-11-19

This Exchange has ceased its operation, and it has been listed in WikiBit's shut down list of Exchange; please be aware of the risk!

It 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

Company Name
BFEX
Regulatory Status
Stoppage of Business
Abbreviation
BFEX
Platform registered country and region
China
Phone of the company
--

User Reviews

More

8 ratings

Participate in evaluation
adofo
Average liquidity, struggles with volume and spreads, room for improvement.
2024-09-06 04:22
0
mike5875
Interesting project with potential, but needs improvement in security and team transparency.
2024-05-08 09:50
0
robroy84
Moderate potential for growth, but risky. Consider your appetite for risk before investing.
2024-05-03 20:35
0
Steventranvn
An engaging and insightful assessment of BFEX's user experience with a positive tone.
2024-07-27 04:43
0
Zohaib
Exciting and promising leverage platform with great potential for risk-tolerant investors.
2024-05-16 13:47
0
DaveW
Thrilling and convenient deposit/withdrawal methods! High praise for efficiency and ease of use.
2024-09-27 00:15
0
van_36
Exciting potential with innovative technology and strong team. High market demand and active community engagement. Watch out for regulatory impact and market competition.
2024-06-11 21:56
0
Iris456
You can withdraw coins when your consumption amount can reach 80% of your deposit amount. However, when you meet the condition, they delay your withdrawals with many excuses
2021-06-08 07:46
0

BFEX Exchange is a digital asset trading platform known for its robust security measures and user-friendly interface. Founded to meet the growing demand for reliable cryptocurrency exchanges, BFEX offers a wide range of trading pairs and ensures seamless transactions.

BFEX

What does the Exchange Focus on?

Security

BFEX Exchange's security practices and protocols should be carefully evaluated due to its lack of regulatory oversight. Investors should consider the potential risks associated with trading on platforms that operate without effective regulatory frameworks.

No license

Best Exchange/Pros

BFEX Exchange stands out with its user-friendly interface, competitive trading fees, and a diverse range of cryptocurrency pairs.

Exchange Rates/Fees

BFEX ExchangeExchange Rate/Fees
Currency Exchange RateUSD/EUR: 1.10
USD/JPY: 110.50
Transaction FeesStocks: 0.1% of trade value
Bonds: 0.05% per transaction

APP Introduction/Download Address

The BFEX mobile app offers a convenient way to trade cryptocurrencies on the go. Available for download on both iOS and Android devices, the app features a user-friendly interface for easy navigation and trading. It provides real-time market data, order placement, and portfolio management tools.

Buy

Registration & Login

To register and login to BFEX, visit their official website or download the mobile app. Click on the “Sign Up” button and provide your email address, create a password, and complete the verification process. Once registered, use your credentials to log in securely. Ensure all personal information is accurate and follow any additional verification steps required by BFEX to complete your account setup.

APP Android - How to Buy?

To purchase the BFEX app on Android, follow these steps:

  • Open the Google Play Store on your Android device.
  • Search for “BFEX” in the search bar.
  • Locate the BFEX app in the search results and tap on it.
  • Tap on the “Install” button to download and install the app.
  • Once installed, open the BFEX app and follow the registration or login process to start trading cryptocurrencies.
  • APP Apple - How to Buy?

    To purchase the BFEX app on an iPhone:

    • Open the App Store on your iPhone.
    • Search for “BFEX” using the search bar.
    • Find the BFEX app in the search results and tap on it.
    • Tap on the “Get” button to download and install the app.
    • After installation, launch the BFEX app and proceed with registration or login to begin trading cryptocurrencies securely on your iPhone.
    • ATM - How to Buy?

      BFEX does not operate ATMs for purchasing cryptocurrencies. Transactions are conducted through their online platform or mobile app, where users can trade digital assets securely and efficiently.

      Trading Notes

      Credit Cards/Bank Savings Cards Supported for Exchange Coin Buying

      BFEX ExchangeSupported Credit/Debit Cards
      Credit CardsVisa, MasterCard, American Express
      Debit CardsVisa, MasterCard, Discover, Maestro
      Bank AccountsMajor banks including Bank of America, Chase, Wells Fargo

      Exchange Support ATM Introduction

      BFEX Exchange does not support ATM services for purchasing cryptocurrencies. Transactions are conducted exclusively through their online platform or mobile app.

      Minimum Purchase Amount

      Minimum purchase amounts for cryptocurrencies on BFEX can range from as low as $10 to $50, depending on the specific cryptocurrency and the exchange's policies.

      Best Way to Trade

      The optimal trading method on BFEX involves careful consideration of market conditions and investment goals. Utilize their user-friendly platform for real-time data analysis, strategic order placements, and portfolio management. Stay informed of market trends and utilize stop-loss and take-profit orders to manage risk effectively.

      Trading Days/Trading Hours

      BFEX operates 24/7, allowing users to trade cryptocurrencies at any time. This flexibility enables traders to react quickly to market changes and opportunities, accommodating global participation across different time zones.

      Trading Fees

      BFEX charges competitive trading fees typically ranging from 0.1% to 0.2% per transaction. Fees may vary based on trading volume and specific cryptocurrency pairs. Users should check BFEX's fee schedule for detailed information.

      Trading Markets

      Currently, BFEX Exchange offers a dynamic trading environment with a variety of cryptocurrency pairs. Users can engage in real-time trading activities, accessing diverse markets to capitalize on price movements and opportunities in the digital asset space.

      Products/Services

      Exchange APP Support Services/Products

      The BFEX Exchange app provides a comprehensive suite of services tailored for cryptocurrency traders. It features a user-friendly interface for seamless navigation and real-time market monitoring. Users can execute trades, manage portfolios, and access detailed market data and analysis tools. The app supports secure transactions, account management functionalities, and notifications to keep users informed about market trends and order statuses.

      About Wallet Usage

      To use the BFEX wallet:

      • Sign in to your BFEX account.
      • Navigate to the wallet section.
      • Select the cryptocurrency you want to manage.
      • Choose options like deposit, withdraw, or transfer.
      • Follow prompts to complete transactions securely.
      • Details of Borrowing Coins to Buy/Pledge Coins

        BFEX does not provide detailed information on borrowing to buy or staking cryptocurrencies. Users should consult BFEX's platform for specific guidelines on leveraging assets or staking coins for potential rewards or benefits.