Finyway LogoFinyway

Overview

Description

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General Info

Phone number
Email
fmurazik@hoeger.com
Name
Medhurst Ltd
Social Media
Year of foundation
1990
Number of Supported Assets
24
Tradable pairs
276
Alexa Rank
2.72
Web Traffic
3.4
Market Share
1.96
Fees
3.15
Trading fees (maker/taker)
SEPA €3
Deposit / withdrawal (CEX)
Card 3.09%
Minimal Deposit
$44(fiat)

History of hacks

Overview

License type
E-Money Institutions (EMIs), Insurance Companies, Offshore Banking License
Regulators
ANAVIL, CONSOB, RBI
Country of registration
Sint Maarten
Mobile App
iOS, Android, Web, Api
Trading Platforms
MT4, SEMT4_iPhone, MTS
Funding methods
Cards, SEPA, SWIFT, P2P
Supported languages
Norwegian Nynorsk, Oriya, Turkmen, Xhosa
Volume Execution
SPOT, Derivatives, OTC
Maximum Leverage
1:1, 1:10
Card/Payment Scheme
Alipay, Discover Financial Services, Rupay, UnionPay
Tradable (Spot)

Deposit Currency

Fiat gateways
Bank transfer, Cards, Other
Order book
AMM (Off-chain), On-chain Order Book
Gas Fee
≤ 50 gwei, ≤ 100 gwei, > 100 gwei
Network / Protocol
Ethereum, 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
Cabo Verde, Uganda
Asia
Bangladesh, Iraq, Myanmar
Australia and Oceania
Samoa, Solomon Islands, Vanuatu
Europe
Armenia, Cyprus, Kosovo, Ukraine
North America
Antigua and Barbuda, Belize, Honduras
South America
Ecuador, Peru

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

  • High Liquidity & Trading Volume. High liquidity and large trading volumes, which eliminates significant price slippage during large trades

  • Low Trading Fees. Minimal trading fees (Maker/Taker) and discounts for native exchange token holders

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

  • Tier-1 Regulatory Licenses. Possession of reputable licenses in reliable jurisdictions, which increases the level of security and legality

Cons

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

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

  • 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

  • Heavy Funding & Overnight Fees. High fees for holding positions in the futures market (funding) or for using leverage

Detailed Description

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FAQs

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