FIXT Exchange Review 2024: Features, Fees, and Security Overview

I will explore FIXT Exchange, a relatively new multi-cryptocurrency trading platform offering spot trading, P2P, and crypto conversion in this article.

Thanks to its strong emphasis on security, user-friendliness, and attention to customer service, FIXT is a platform available for traders of every level.

Let’s take a closer look at how the platform works, its advantages, and its weaknesses.

About FIXT?

Established in 2023-2024, FIXT is a global cryptocurrency exchange. This exchange provides users with a safe, professional and convenient trading experience.

FIXT will continue to adapt to new market needs by continuously introducing new features.

Fault tolerance and exceptional processing speed solve all the simultaneous problems caused by instant bulk transactions and payments.

It is one of the safest and most reliable cryptocurrency exchanges on the market today that global investors can use and benefit from without worrying about potential risks.

FIXT Exchange Overview

FIXT Exchange Overview

How to Sign Up on FIXT Exchange?

To open an account with FIXT Exchange, please do the following in line with the steps provided:

Go to the official website of FIXT Exchange

Ensure you go to the right domain of FIXT exchange, where you can find genuine information and details. This helps you avoid scams or phishing.

Click on the “Sign Up” or Register button

After landing on the homepage, look for a registration icon, which is usually located at the top right corner of the page.

Provide the Require Details

• Type in your name or a nickname on the platform.
• Use an email address that you would like to be used for your account.
• Come up with a strong and unique account password.
• Passwords are usually used to confirm accounts on different websites (In some cases, exchanges may utilize referral codes. Which is a necessity).

Confirm email provided

• An email from FIXT will be sent to your inbox as a verification mail.
• A link attached to the email will be clicked to validate the registration process.

Complete KYC or Know Your Customer (if required)

A traveling ID such as a passport, identity cards such as a national ID, or driver’s license should be uploaded.

One would be required to take a selfie or have a mandatory process for verification of face recognition.

The verification may take time, and you should watch out for its approval within that frame.

Get SMS and set up 2FA

It is recommended that multi-user authorization via SMS be set up starting from the Google authentication app.

Access to Your Account

After validating the account, access the account for the purpose of trading, making deposits, or withdrawing funds.

How to Deposit?

Deposit means to transfer crypto from wallets or accounts in other platforms to the account in FIXT Please follow the procedures if you need to deposit from other platforms to FIXT.

Step 1

After login, click Assets – Deposit – Select crypto (USDT) – Select USDT deposit network – Continue on the top right of FIXT home page.

Step1. FIXT Website -> Assets -> Deposit

Step 2 – Select the Deposit account and copy the deposit address.

1. Select the cryptocurrency you wish to deposit and click the Continue button.
2. Deposit money into the created cryptocurrency wallet.

How to withdraw

Step 1

On the top right of the FIXT homepage, click Assets – Withdraw – Select USDT.

Step1. FIXT Webpage -> Assets -> Withdraw

Step 2

USDT withdrawal network (take USDT-ERC20 as an example) – click Continue. Type in / paste USDT address – Amount – Continue – obtain and type in the password/verification code following the requirements – Confirm. And the operation is completed.

Step2

Withdraw Process

When selecting a withdrawal network, please keep the deposit network in other exchanges or wallets consistent with the one in FIXT (e.g., both are USDT-ERC20), or the withdrawal will be lost.

On FIXT Exchange, you can expect to incur some or several of the following fees: trading, deposit, and withdrawal fees. Here’s a breakdown of standard practices:

FIXT Exchange Fees

Trading Fees

Maker Fee (for placing limit orders): around 0.1% to 0.5% and up

Taker Fee (for market orders): 0.2 to 0.3 percent.

It is prudent to check on membership requirements as there are different trading volumes for the same maker or taker order.

Deposit Fees

Fiat Deposits: involving bank account or credit card payments incurs small fees

Cryptocurrency Deposits: No fees are charged on the deposit.

Withdrawal Fees

Fiat Withdrawal includes the cost charged by your bank, currency exchange rate, and the withdrawal method.

Crypto Withdrawals: For Bitcoin and other currencies there is a specified withdrawal fee American dollar equivalent of between 0.5 to 0.05 BTC ether.

Other Potential Fees: Depending on the type of service a client has;

Inactivity Fee: Irrespective of being suspended, the client will be charged for supplies.

Conversion Fees: Holders will incur a base fee when changing between crypto and fiat currencies.

Goals and Vision

The major mission that FIXT has is to become one of the most renowned platforms across technology, security, and customer service.

In order to reach this goal, FIXT uses blockchain technology to enhance the security and transparency of the transaction while ensuring that user assets are not compromised.

FIXT Exchange Trading Types & Services

The following is a list of services made available to users of FIXT Exchange.

APIs – For integration with trading systems and other applications, FIXT Exchange has designed powerful APIs.

P2P – A user is free to trade directly with another user, and these trades are called as peer to peer.

Convert – A user can easily change from another cryptocurrency to fiat or the other way around.

Partner – FIXT Exchange has formed various partnerships to improve its services.

Event – Users are busy and rewarded often during the trading events and promotions that are held regularly.

Legal Compliance and Trustworthiness

Operating in numerous countries, FIXT can comply with pertinent regulations and, in turn, provide reliable services that instill confidence in its users.

These intentions concern establishing safe and dependable trading conditions for users.

Diverse Product Offerings

Among the cryptocurrency-based futures products that FIXT aims to list in the near future include APT, ATOM, AVAX, BTC, CHZ, DOGE, ETH, GMT, LINK, MATIC, SOL, SUI, and XRP.

This diversity enables high liquidity and different investment policies that would enable one to remain competitive in the cryptocurrency financial services market.

On FIXT, Trade With Safety and Convenience

Start Trade

Your one-stop asset blockchain asset platform. Transact with ease and enjoy user-friendly features.

Assets

Manage all your cryptocurrency assets. This is the beginning of cryptocurrency transactions such as deposits, withdrawals, transfers, and conversions.

Announcements

Check out FIXT’s announcements and news.

Support

Here to help you 24/7. We provide a variety of self-service information and ticket services.

FIXT Mobile Application

For traders who wish to handle their crypto trades while on the go and who wish to avoid setting up complicated platforms, the FIXT Mobile Application provides a simple and intuitive interface.

Download it on Android and IOS-powered devices, and it is available on both Google Play and Apple App Store.

The FIXT Mobile Application is ideal for those who prioritize enhanced usability while also prioritizing security and efficiency.

The application allows for seamless trades and the management of crypto portfolios on a global scale.

Technological Innovation and Customer Feedback

In a bid to enhance user experience, FIXT understands that there is a need for constant listening and integration of customer feedback as well as technology advancement.

The platform’s strategy is to further the development of the digital assets market by providing comprehensive financial services to cryptocurrency users around the world.

FIXT Exchange Safe

FIXT Exchange guarantees users’ funds and personal data are secured with the highest level of risk management.

The exchange implements bank-level encryption, cold storage, and two-factor identification (2FA) to protect accounts from breaches.

The exchange adopts regular security analysis and anti-phishing measures to promote a secure environment for trade.

As a result of all these measures in place, the security of all the users is assured at FIXT Exchange.

FIXT Customer Support

The FIXT Exchange features a flexible and consistent support framework that assists users in the manner they require.

The support team is available 24/7 through multiple alternate means that include:

• Live Chat: It allows instant directly on the platform.
• Email Support: Report to a support email when there are more details to be explained..
• Help Center: Find helpful manuals, instructions and how-to videos for assistance.
• Social Media: Get in touch and get help through the official FIXT social media handle.

The support team has been trained and equipped to address issues, including account creation, trading, deposits and withdrawals, and technical assistance.

FIXT Exchange Alternatives

Binance

Binance is an international platform for cryptocurrency trading that offers huge liquidity, low costs, and many different cryptocurrencies available.

It has millions of users worldwide and offers various kinds of trading, such as spot, futures, and P2P.

KuCoin

KuCoin is an exchange that is adored by many of its users because it allows access to many altcoins along with trading services.

It has a good reputation as it has an easy-to-handle interface, good fees and capital, as well as services such as loaning, staking and futures, which makes it appealing to a range of people who deal in cryptocurrency.

Coinbase

As a beginner who is looking to trade in crypto, Coinbase is your best bet as it is a regulated platform that allows one to buy, sell and convert cryptocurrencies easily.

It puts a lot of focus on security and compliance and makes it easy for users wanting to trade in fiat money against crypto.

Bybit

Bybit primarily deals in derivatives trading with a key focus on speed of execution and leverage.

They do offer different options, including futures trading as well as spot and copy trading, which makes it a good choice for advanced traders who are looking for quick and efficient ways to trade.

Kraken

Kraken is a fully compliant and secure exchange for crypto trading that allows for spot, margin, and futures trading.

They are also very well known for their strong security infrastructure and transparency, allowing thousands of fiat currencies for a cleaner trading experience.

Conclusion

In summary, it can be stated that FIXT Exchange is a full-service digital asset trading platform with products such as spot trading and investing in functional pairs.

FIXT Exchange seems to be a viable solution for traders at any level, thanks to its emphasis on security, convenience, and customer service.

Its active involvement in innovation and the community through events and partnerships positions it well in the changing crypto landscape.