Free2ex is one of Europe’s few fully regulated and transparent crypto exchanges. Free2ex has a large client asset security fund, fiat deposits and withdrawals, great exchange rates and low spread. Free2ex is licensed in Belarus
Belarus has some of the world’s most advanced crypto laws. The licensing and security requirements for crypto exchanges are just as strict here as, say, in Singapore, Estonia, or Malta. Consequently, the very fact that Free2ex is regulated by the Belarus Hi-Tech Park in Minsk testifies to the exchange’s reliability, legality and transparency.
Insuring clients’ funds against the risk of a cyber attack is the key element in the Free2ex security strategy. The current value of the insurance deposit is $1 million. As for internal security, Free2ex undergoes annual financial and technological audits by one of the Big 4 companies. Customers’ funds are stored in multisignature cold wallets.
Detailed information about the operator of the exchange is publicly available. Moreover, Free2ex will readily provide an official confirmation of any transaction upon the customer’s request: a service that is unavailable on unregulated exchanges. Furthermore, thanks to the favorable regulatory climate in Belarus, Free2ex allows blockchain companies to conduct fully legal initial token offerings.
Transactions on Free2ex can be carried out in Euro, USD and RUB, and funding and withdrawals can be made using Visa/MasterCard, wire transfers, and various payment systems;
SWIFT and SEPA bank transfers;
Free2ex collaborates with a private network of market makers to minimize spreads and ensure a steady supply of liquidity. Trading fees are very low even for small volumes. The platform features circa 20 trading pairs – some of them with fiat currencies and tokenized gold – and a wide range of order types, such as stop limit and Iceberg orders.
In the near future, Free2ex will launch margin trading and tokenized real assets, as well as crypto debit cards.