Cryptocurrency exchange | |
---|---|
Official website | |
Social network | |
Date of foundation | 2019 |
Head Office | British Virgin Islands |
Types of support | |
Languages | English |
Company owner | Resfinex Ltd. |
Minimum withdrawal amount | Verified Cryptocurrency
Fiat Currency No limits Unverified Cryptocurrency
Fiat Currency No limits |
Exchange Commission | Trade Commission: From 0.05 to 0.15 % for maker / From 0.1 to 0.3 % for taker Withdrawal fee: 0.03 ETH / 0.0012 BTC / 5 BAKE / 0.01 BNB / 0.5 CAKE |
Terminals | TradingView |
Age restrictions | From 18 years |
Trading volume per day | 2123 BTC |
Number of cryptocurrencies | 30+ |
Number of trading instruments | 32+ |
Margin trading | No |
Tokenized assets | Proprietary RES token |
Free demo account | No |
Types of accounts | Standard |
Order execution | Stop Limit Order, Market order, Limit Order |
Methods of replenishment | Cryptocurrencies |
Withdrawal methods | Cryptocurrencies |
Account Currencies | Cryptocurrencies |
Types of cryptocurrencies | ETH, BTC, EOS, USDT, LINK, BAKE, BNB, CAKE, et al. |
Mobile apps | No mobile apps available |
Trader training | No |
A way to store cryptocurrencies | Cold: yes Hot: no |
Fiat accounts | No |
Scalping | No |
Stop loss and take profit function | No |
Possibility to exchange for fiat currencies | No |
Terminal capabilities | Working with indicators, graphical tools |
Basic verification | Yes |
Advanced AML verification | No |
Laws regulating activities | BVI Legislation Law of the Russian Federation "On Digital Financial Assets" dated January 1, 2021 Law of the Russian Federation dated 07.08.2001 N 115-FZ "On Combating Legalization (Laundering) of Proceeds of Crime and Financing of Terrorism" |
API | Read moreResfinex APIs are designed to provide access to all functions of the platform |
Bonuses | 50 % Discount on commissions when using RES |
Affiliate Program | Registration3-18% commission |
Advantages | Industry-leading API Real-time access to market data Low commissions for large volumes of trades A comprehensive approach to protecting customer funds and information Round-the-clock support Loyal terms of cooperation Intuitive interface Got your own token |
Disadvantages | The site is not russified |
Company requisites | Legal name: Resfinex Ltd. Legal address: British Virgin Islands |
Overall assessment | 5.6/10 |
Date of update | March 11, 2024 |
Resfinex is this a scam? Review and Customers Reviews
Contents
Resfinex – is a secure platform for trading cryptocurrencies. The exchange was launched in 2019 to facilitate discussion and analysis of Ethereum projects. It is a hub for traders created to provide a high-quality trading platform in the Ethereum ecosystem. In this review, let’s look at the features of resfinex.com platform and find out if this project is a scam.
Why Resfinex?
Features crypto exchanges resfinex.com:
- light and memorable design;
- simple and straightforward interface of the platform;
- 40+ cryptocurrencies – ETH, BTC, EOS, USDT, LINK et al;
- token developed in-house by RES;
- 32 trading pairs – ETH/USDT, BTC/USDT, RES/ETH, LINK/USDT and others;
- dynamic commission structure, low commissions for large volumes of trades;
- a comprehensive approach to protecting customer funds and information;
- Websocket web channel provides access to real-time market data;
- trading API allows you to develop safe software trading bots.
How to exchange cryptocurrency on the resfinex.com platform?
On the platform resfinex.com there is no special form for exchanging cryptocurrency. To get one or another cryptocurrency, you need to choose a trading pair and trade digital assets. As a result, you will exchange some coins for other coins and make a profit.
Verification on the Resfinex platform
Verification of identity is not required. At least on the site and in the personal cabinet there is no information about it. However, we recommend two-factor authentication to increase the security of your account. You need to download and install the Google Authenticator app on your phone, scan the QR code, create a backup code, and enable account authentication. All this takes literally a couple of minutes.
Deposit and withdrawal
You can replenish your account in the Funds section. Choose Deposit there and the desired cryptocurrency, then create an address for the wallet from which you will conduct the transaction. Send, for example, only BTC to your BTC address created in Resfinex. Sending any other asset to your BTC address or the wrong address will result in loss of assets.
To withdraw funds, enter Funds, subsection Withdraw. Specify number of coins and address cryptocurrency wallet to which you want to withdraw funds. Create a request and click on “Request Withdrawal”.
If you get a status message “Processing” when you withdraw funds, it means that the withdrawal process has been queued up and is waiting to be processed. This usually takes up to 12 hours. Please only contact support after 12 hours if you have not received your asset.
Resfinex Crypto Exchange Commission
Stock Exchange Commission resfinex.com for the makers is from 0.05% to 0.15%, for the takeers – from 0.10% to 0.30%. The percentage depends on the total trading volume. The more transactions you make, the less commission is charged on transactions.
Withdrawal fees are as follows:
Bonuses resfinex.com
Resfinex offers a discount on commissions and an affiliate program. That’s what we’re going to talk to you about next.
Discount on commission fees
If you have RES in your account, trading commissions will automatically be deducted from your balance. When you use RES for transaction fees, a 50% discount is applied to your trading commission. With the discount, the commissions are as follows:
- for trade turnover up to $25,000 – 0.075% for a maker and 0.15% for a ticker;
- if the trade turnover is more than $25,000 – 0.050% for the maker and 0.10% for the ticker;
- for trade turnover over $50,000 – 0.035% for a maker and 0.07% for a ticker;
- if the trade turnover is more than $100,000 – 0.025% for the maker and 0.05% for the ticker.
Affiliate Program
Create your invitation links on your affiliate panel and share them on your social network. Anyone who signs up using your link will become part of your referral network and receive an 8% discount when they sign up. You will receive 3%, 6%, and then 18% commissions from payments from invited persons. That is, there is a three-tier incentive system.
Complaints about Resfinex
О Resfinex There are a lot of different reviews. There are both positive and negative reviews. From the pluses note the absence of verification, fast transactions, low commissions, prompt responses from the support service. When making a deposit commission is not charged, but there are complaints about high withdrawal fees. However, there is no evidence of this, the site presents completely different actual commissions. Most likely, such reviews are written at the request of competitors.
If there are any complaints about Resfinex, we will be sure to post on social media. Sign up so you don’t miss anything!
Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!
Regulation of the crypto exchange resfinex.com
Among financial companies there are both respectable and fraudulent ones. So next we will talk about the regulation resfinex.com.
Regulator
The company is registered as Resfinex Ltd. in the British Virgin Islands. Nothing more is known about the company’s regulation. There are no licenses for financial activity.
Recfinex User Agreement
The document states that the client must be at least 18 years old. Only adult persons can make transactions with digital currencies.
By completing the full registration process or using the platform services, you fully understand and accept all of the company’s terms and conditions.
The “agreement” spells out the rights of users, stating that they have the right to view the digital currency market in real time and information about transactions.
Users should carefully review transaction information. The Company is not responsible for any errors made by clients when executing transactions with assets.
Customer Service
You can contact the support team in the following ways:
- email: [email protected];
- Twitter;
- Reddit;
- Telegram.
Is Resfinex a scam?
Resfinex is registered in the British Virgin Islands. The company has no license for financial operations. But it doesn’t mean that crypto exchange is a scam. This is not a scam and scammer, but a reliable cryptocurrency exchange. The company operates in the digital market for only 2 years, but managed to interest already thousands of traders.
Resfinex does not hide its contacts, you can contact the support team at any time, and in any way you choose. Support specialists answer questions promptly, there are no complaints about it. Transactions are conducted quickly, for the withdrawal of funds does not require verification of identity. There are complaints of high commissions, but they are not justified. The site contains a table with the current fees.
Conclusion
Resfinex – is a young cryptocurrency exchange that offers loyal terms of cooperation, high level of security, intuitive interface and 24/7 support. The site is presented only in English, so it is quite difficult to understand the terms of use of the platform. Unfortunately, the portal is not focused on the Russian-speaking audience, with the terms and conditions have to be sorted out with a dictionary. However, the crypto-exchange gives users access to popular digital assets, at resfinex.com it is possible to successfully trade cryptocurrencies.
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