Using Blockchain Technology to Eliminate Transaction Fees, Decentralize Account Balances and Creating the World's Most Advanced Commission Free Future Exchange
Foneex Exchange is shaping up as a web and app based multi crypto asset exchange platform. Here users can buy and sell Bitcoin or Alt coins at zero fees. Insurance on the rate will be given by default on this exchange. Our engine is capable of sustaining 1,000,000 orders/second, making Foneex one of the fastest exchanges in the market today.
You can be certain that, on our exchange, your orders will never be stuck due to the matching engine being overwhelmed. Foneex is a hybrid crypto exchange with a fiat gateway and integrated merchant services. The Foneex Exchange is a regulated, licensed and centralized entity which allows crypto to crypto, fiat to crypto and crypto to fiat trading.The users can also use the debit card to pay the vendors used by Foneex API.
The Foneex Liquidity Fund supports two business models and is the backbone of the Exchange and the Payments Processor- Foneex Exchange is a Peer to Peer (“P2P”) decentralized Exchange that allows buyers and sellers to trade directly in a wide variety of cryptocurrency. Foneex Exchange provides a safe, uncomplicated and fast trading platform.
Foneex Aims - Foneex aims to create the ultimate all-in-one cryptocurrency exchange, with more tools at your disposal than ever before, and a user experience that is unmatched. With Foneex Exchange, you get lifetime referral rewards, coin staking loyalty program, instant FIAT deposits, and a 24/7 customer support.
Foneex Insurance market-Foneex is a game changer for Crypto world as the biggest fear for anyone who possesses alt coins is market volatility in cryptocurrency. We offer insurance for Bitcoin, Ethereum and other coins against such volatilities. You can claim up to 100% insurance for your coins insured in Foneex. There are multiple slabs of insurance claim depending upon the depreciation of the coin insured. Hedging is a measure usually taken by a firm or individual as a cover against future potential adverse events. It is like an insurance against the economic or financial risk that may occur in future.
Foneex Regulations/Transparency-The Foneex Exchange is a regulated, licensed and centralized entity which allows crypto to crypto, fiat to crypto and crypto to fiat trading. For the purposes of transparency and reliability, Foneex will undergo yearly audits to keep the public in the loop about future advancements.
Foneex Payment Processor-The Foneex Payment Processor is a payment gateway that can be implemented at the discretion of a vendor, and it issues cards to its users. The users can also use the debit card to pay the vendors. Vendors can choose to receive fiat or cryptocurrency for the goods and services by implementing the Foneex API into their payment method. This is made possible due to the integration of the Exchange into the system.
Foneex Liquidity Fund-The Foneex Liquidity Fund supports two business models, and is the backbone of the Exchange and the Payments Processor. The Fund is also responsible for buying back the tokens utilizing a quarter of the company’s profit and burning them to combat inflation. The Fund also stores another quarter of accumulated funds to have available liquidity for the future expansion of Foneex globally.
Foneex platform Module-You can get the first experience of the exchange platform here and see how the first version/basic version will look. The exchange is comfortable not only for the institutional players, but is also convenient and easy for any of the retail investors, as it comes with a two-version mobile platform app and web application.
Foneex Decentralized P2P Module- Foneex Exchange is a Peer-to-Peer (“P2P”) decentralized Exchange that allows buyers and sellers to trade directly in a wide variety of cryptocurrencies. Foneex Exchange provides a safe, uncomplicated and fast trading platform leveraging its own P2P marketplace and escrow system, like a more traditional Exchange. Foneex Exchange provides both variety and liquidity by mixing centralized and decentralized exchange practices, allowing users to buy and sell freely without unnecessary waiting times or verification requirements and to share in the profit of the platform’s overall success as well as allowing early and favorable access to carefully curated ICOs and new token.
Foneex has been established as a crypto-trading platform, enabling buyers and sellers from around the world to find each other and make safe transactions in the Blockchain environment. In addition, we bring the latest technology to our platforms with a much-enhanced UI experience, and at the same time, build ecosystems to maximize the benefits for the community, for instance, the free placement of goods, the possibility of multi-crypto-currency transactions, promotions, bonuses, cash back and many other useful options will be available to the platform user.
Foneex Aims- Foneex aims to create the ultimate all-in-one crypto currency exchange, with more tools at your disposal than ever before, and a user experience that is unmatched. Lifetime referral rewards, coin staking loyalty program, instant FIAT deposits, 24/7 customer support, charting inside the exchange, mobile app functionality with custom alerts, unique trading pairs, four layers of security architecture, and enhanced transaction throughput are just some of the ways we stand out from other platforms and offer you the best possible trading experience. We unite buyers and sellers of goods from around the world to create a system that will bring e-commerce to a new level. We believe that in the near future we can witness the transition of the world economy to crypto currencies regulated by the Blockchain.