Finyway LogoFinyway

Overview

Description

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General Info

Phone number
Email
deven09@zulauf.com
Name
Schmidt, Shanahan and Kautzer
Social Media
Year of foundation
1976
Number of Supported Assets
20
Tradable pairs
190
Alexa Rank
2.7
Web Traffic
4.55
Market Share
1.03
Fees
5
Trading fees (maker/taker)
SEPA €6
Deposit / withdrawal (CEX)
Card 1.78%
Minimal Deposit
$93(fiat)

History of hacks

Overview

License type
Central Bank, Virtual Asset Service Providers (VASPs)
Regulators
BCB, CSSF, PRA, SEC
Country of registration
Australia
Mobile App
Web, Api
Trading Platforms
MT4, Android, SEMT4_iPhone, MTS
Funding methods
Cards, SEPA, SWIFT, P2P
Supported languages
Bambara, Chinese, Romanian, Western Frisian
Volume Execution
Derivatives, OTC
Maximum Leverage
1:1, 1:25, 1:200+
Card/Payment Scheme
Alipay, Rupay
Tradable (Spot)

Deposit Currency

Fiat gateways
Bank transfer, Cards, Other
Order book
AMM (Off-chain), On-chain Order Book, Off-chain Order Book
Gas Fee
≤ 100 gwei, > 100 gwei
Network / Protocol
Ethereum, 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
Burkina Faso, Niger
Asia
Cyprus, Thailand
Australia and Oceania
Kiribati, Micronesia, Papua New Guinea, Samoa
Europe
Iceland, Slovakia, Slovenia
North America
Dominican Republic, Honduras, United States
South America
Brazil, Chile, 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

  • Proof of Reserves (PoR) Available. Availability of public, verifiable, and regularly updated proof of user funds backing

  • Advanced Trading & Derivatives. Access to margin trading, futures, options, copy trading, and other complex financial instruments

  • Native P2P Marketplace. Built-in reliable P2P platform for direct buying and selling of cryptocurrency between users for local fiat

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

  • Top-Tier Security Measures. Advanced account protection (2FA, biometrics, address whitelisting, cold storage for 90%+ of assets)

Cons

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

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

  • 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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