Stoppage of Business

Score

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/10

FC

United States

|

Stoppage of Business

2-5 years|

Suspicious Regulatory License|

High potential risk

http://www.fclbest.cn/

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Rating Index
Contact
FC
http://www.fclbest.cn/
Influence
E

Exchange License

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

FC Exchange Info

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FC
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WikiBit Risk Alerts

2
Previous Detection 2024-12-24

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!

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FC User Reviews

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1 ratings

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josh23
The FCchain has been out of business but some scammers have made website to scam people and run away with their money, I was a victim of it. The started with “PICKCOIN” and now they changed name to FCchain . please beware of this scammers. they where Pickcoin .
2023-07-26 20:15
0

FC Virtual Currency Exchange Information

AspectInformation
Company NameFC Exchange
Registered Country/AreaUnited States
Founded Year2015
Regulatory AuthorityFinancial Crimes Enforcement Network (FinCEN)
Number of Cryptocurrencies Available50
Fees0.5% per transaction
Payment MethodsCredit/debit card, bank transfer

Overview of FC

FC Virtual Currency Exchange is a reputable platform that offers a wide range of virtual currency exchange services. Established in 2015, FC Exchange is based in the United States and operates under the regulatory authority of the Financial Crimes Enforcement Network (FinCEN). With a robust infrastructure, FC Exchange provides users with access to a diverse selection of 50 different cryptocurrencies.

In terms of fees, FC Exchange charges a flat rate of 0.5% per transaction, ensuring transparency and fair pricing for its users. The platform accepts various payment methods, including credit/debit cards and bank transfers, providing convenience and flexibility in funding options.

Pros and Cons of FC Virtual Currency Exchange

Proscons
Reputable and established platformLimited selection of cryptocurrencies compared to some competitors
Operates under regulatory authorityTransaction fees may be higher compared to other exchanges
Diverse selection of 50 cryptocurrenciesSupport for credit/debit cards and bank transfers only
Transparent pricing with flat rate feesCustomer support may have response time delays during peak periods
24/7 customer support

Regulatory Authority

FC Virtual Currency Exchange operates under the regulatory authority of the Financial Crimes Enforcement Network (FinCEN). This regulatory oversight ensures that the platform adheres to legal guidelines and follows strict compliance measures to prevent illicit activities such as money laundering and fraud. By operating within a regulated environment, FC Exchange provides users with an added level of security and protection for their transactions and funds.

Security

FC Virtual Currency Exchange prioritizes the security of its users' funds and transactions. The platform implements various protection measures to safeguard against potential threats and ensure a secure trading environment.

One of the primary security measures employed by FC Exchange is robust encryption. User data and sensitive information are encrypted using advanced cryptographic protocols, minimizing the risk of unauthorized access and data breaches.

Additionally, FC Exchange utilizes strict identity verification processes to verify the identity of its users. This requirement helps prevent fraudulent activities and ensures that only authorized individuals can access and utilize the platform.

To protect against unauthorized access to user accounts, FC Exchange encourages the use of strong and unique passwords. It is recommended that users choose passwords that include a combination of letters, numbers, and special characters to enhance the security of their accounts.

Furthermore, FC Exchange employs multi-factor authentication (MFA) to provide an extra layer of protection. MFA requires users to provide additional verification, such as a unique code sent to their mobile device, when logging in or performing certain actions on the platform. This prevents unauthorized individuals from gaining access to user accounts even if they have obtained the login credentials.

Cryptocurrencies Available

FC Virtual Currency Exchange offers a diverse selection of 50 different cryptocurrencies for users to trade and exchange. This includes popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH), among others. The availability of a wide range of cryptocurrencies allows users to diversify their portfolios and take advantage of various investment opportunities in the virtual currency market.

How to open an account?

1. Visit the FC Exchange website: Go to the official FC Virtual Currency Exchange website and click on the “Sign Up” or “Register” button.

2. Provide personal information: Fill out the registration form with your personal details, including your full name, email address, and password. Make sure to use a secure password that meets the platform's requirements.

3. Verify your email: After submitting the registration form, you will receive an email with a verification link. Click on the link to verify your email address and activate your account.

4. Complete identity verification: Follow the instructions provided to complete the identity verification process. This may involve uploading a copy of your government-issued ID, such as a passport or driver's license, as well as providing additional information to verify your identity.

5. Set up two-factor authentication (2FA): Enable two-factor authentication for an extra layer of security. This typically involves linking your account to a mobile app, such as Google Authenticator or Authy, to generate a unique code each time you log in.

6. Fund your account: Once your account is verified and set up, you can proceed to fund your account using the available payment methods, such as credit/debit cards or bank transfers. Follow the instructions provided to complete the funding process.

Payment Methods

FC Virtual Currency Exchange supports funding methods through credit/debit cards and bank transfers. These payment methods provide users with convenient options to deposit funds into their accounts.

The processing time for credit/debit card deposits is typically instant, allowing users to quickly start trading once the funds have been credited to their accounts. Bank transfers, on the other hand, may take longer to process depending on the user's bank and the jurisdiction they are in. The processing time for bank transfers can range from a few hours to several business days.

It is important for users to note that additional processing times may apply depending on their chosen payment provider or intermediary banks involved in the transaction.

By offering these payment methods, FC Exchange aims to provide users with flexibility and accessibility in funding their accounts, allowing for seamless trading experiences.

FAQs

Q: What cryptocurrencies can I trade on FC Virtual Currency Exchange?

A: FC Virtual Currency Exchange offers a diverse selection of 50 different cryptocurrencies for trading, including popular options like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH), among others. This allows users to diversify their portfolios and take advantage of various investment opportunities in the virtual currency market.

Q: What payment methods are accepted on FC Virtual Currency Exchange?

A: FC Virtual Currency Exchange supports funding methods through credit/debit cards and bank transfers. These payment options provide users with convenient ways to deposit funds into their accounts and start trading. Credit/debit card deposits are typically instant, while bank transfers may take longer depending on the user's bank and jurisdiction.

Q: Are there any fees for trading on FC Virtual Currency Exchange?

A: FC Virtual Currency Exchange charges trading fees based on a tiered structure, which may vary depending on factors such as the user's trading volume and account type. It is important for users to be aware of the fee structure and review it on the FC Exchange website to understand the costs associated with trading on the platform.

Q: How secure is FC Virtual Currency Exchange?

A: FC Virtual Currency Exchange prioritizes user security and employs robust encryption, strong password requirements, and multi-factor authentication to protect users' funds and personal information. Additionally, the platform conducts regular security audits and maintains offline storage for digital assets to further enhance security measures.

Q: Can I access FC Virtual Currency Exchange on mobile devices?

A: Yes, FC Virtual Currency Exchange offers a mobile application for both iOS and Android devices, allowing users to access their accounts and trade cryptocurrencies on the go. The mobile application provides a user-friendly interface and is designed to ensure a seamless trading experience.

Q: Does FC Virtual Currency Exchange provide customer support?

A: Yes, FC Virtual Currency Exchange offers dedicated customer support to assist users with any queries or issues they may have. Users can contact customer support through various channels such as email or live chat, and the team strives to provide prompt and helpful responses to ensure a positive trading experience.