Finyway LogoFinyway

Overview

Description

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General Info

Phone number
Email
agustin.schinner@yahoo.com
Name
Sipes and Sons
Social Media
Year of foundation
1982
Number of Supported Assets
20
Tradable pairs
190
Alexa Rank
2.36
Web Traffic
1.42
Market Share
2.53
Fees
3.3
Trading fees (maker/taker)
SEPA €9
Deposit / withdrawal (CEX)
Card 1.37%
Minimal Deposit
$87(fiat)

History of hacks

Overview

License type
Credit Unions, International Banking Entity (IBE) License, Offshore Banking License
Regulators
AFE, AFM
Country of registration
Cambodia
Mobile App
Android, Web
Trading Platforms
MT4, Android, Mobile, SEMT4_iPhone
Funding methods
Cards, SEPA, P2P
Supported languages
Swahili, Swedish
Volume Execution
SPOT, Derivatives, OTC
Maximum Leverage
1:25, 1:50
Card/Payment Scheme
American Express, Discover Financial Services, Rupay, UnionPay
Tradable (Spot)

Deposit Currency

Fiat gateways
Bank transfer, Other
Order book
AMM (Off-chain), On-chain Order Book, Off-chain Order Book
Gas Fee
≤ 50 gwei, ≤ 100 gwei
Network / Protocol
Ethereum, BSC, Solana, Polygon
Smart Contract Verified

Non-custodial

Exchange's TVL (minimum)
≥ $1M, ≥ $10M, ≥ $100M
AMM vs Order Book (toggle)
AMM, On-chain Order Book
Margin trading
2×, 5×, 10×, > 10×

Area served

Africa
Chad, Guinea, Nigeria, Tanzania
Asia
Bhutan, Pakistan, South Korea, Sri Lanka
Australia and Oceania
New Zealand, Tuvalu, Vanuatu
Europe
Albania, Ireland
North America
Haiti, Honduras
South America
Paraguay, Peru, Venezuela

Features

API support

Copy-trading

Futures

Launchpad / IEO

Lending / Borrowing

Liquidity Mining

NFT Marketplace

REST / WebSocket

Staking / Earn

Trading bots

Yield Farming

Security

2FA

KYC / Verification

Trading & Orders

Spot margin

Futures / Perps Status

Exchanges

Tradable Pairs

Fiat Deposit/Withdraw

Method
Min.
Fee
ETA

Crypto Deposit/Withdraw

Method
Min.
Fee
ETA

Pros & Cons

Pros

  • Seamless Fiat Gateway. Convenient methods for depositing and withdrawing traditional currencies directly via cards, payment systems, or bank transfers

  • Instant Order Execution. High-performance trading engine that ensures instant order processing without delays

Cons

  • High Fiat Transaction Fees. High fees for depositing balance or withdrawing funds in fiat currency (especially to bank cards)

  • Geographical Restrictions. Complete blocking or severe restrictions of functionality for residents of certain countries and regions due to sanctions/regulations

  • Lack of Proof of Reserves. Lack of transparent, auditor-verified information about the actual financial backing of the exchange

  • System Delays During High Volatility. Frequent platform freezes, API glitches, and order execution issues during sharp crypto market spikes

  • Unregulated Status. Lack of official licenses and offshore registration, which increases legal and financial risks for clients

  • Slow Customer Support. Slow customer support service, use of inefficient bots, and long waiting times for ticket responses

  • No Native P2P Platform. Absence of a built-in P2P service, which complicates the direct exchange of cryptocurrency for local fiat money

  • High Network Fees for Crypto Crypto Withdrawals. Inflated internal exchange fee for cryptocurrency withdrawals (over and above the standard fee of the blockchain itself)

Detailed Description

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FAQs

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