What is the maximum fiat withdrawal limit?

Fiat withdrawal limits vary by KYC level. At Level 3 , users can withdraw up to TRY 2.5 million per day , and up to 25 million TRY every 30 days . Crypto withdrawals are limited to 50+ BTC/day .

What customer support channels are available?

Support is available 24/7 via email ( support@felixo.com ) and a ticket-based system on the website. However, no live chat feature exists, which may delay urgent resolutions.

Does Felixo have a copy trading feature or investment plans?

No, the exchange does not support copy trading or structured investment plans. However, API support is available for automated trading via custom bots or Expert Advisors.

Are there any passive income options available?

No, Felixo does not support staking, liquidity pools, or yield farming. Passive income can only be earned via its affiliate program , which pays 60% commissions for referrals.

What is the minimum deposit amount on Felixo?

The minimum fiat deposit is TRY 10 . There is no clearly specified minimum for crypto deposits, but it must meet network fee thresholds for transfer acceptance.

What is the FLX token, and how is it used on Felixo?

FLX is Felixo’s native token with a total supply of 8 billion and over 615 million in circulation . It grants users trading fee discounts , voting rights for token listings, and access to IEOs and airdrops .

What security measures does Felixo use to protect user funds?

Felixo implements Cold Wallet Storage , Two-Factor Authentication (2FA) , and a Bug Bounty Program offering rewards up to $5,000 for critical vulnerabilities. These steps ensure a secure trading environment.

Is there a mobile app available for Felixo Exchange?

Yes, Felixo provides mobile apps for both Android and iOS platforms. While the Android version was removed from Google Play, the iOS version remains available with a 4.2-star rating based on user reviews.

What are the different user levels on Felixo and how do they work?

Felixo uses a four-tier user system based on monthly BTC trading volume. Levels range from “General” (<50 BTC) to “Level 3” (≥150 BTC). Higher levels unlock lower trading fees , down to 0.105% for high-volume traders.

What documents are needed to complete KYC verification?

To complete KYC, Turkish citizens must submit a valid TR ID or driver's license and a domicile certificate from the e-government portal. Foreign nationals must provide a residence permit and a residence certificate from the Directorate of Civil Registration.

Does this exchange support fiat (TRY) deposits and withdrawals?

Yes, Felixo fully supports fiat deposits and withdrawals in Turkish Lira (TRY). Users can deposit via bank transfer (e.g., Ziraat Bank, VakifBank) or credit/debit cards , while fiat withdrawals are subject to a TRY 2 fee , with daily withdrawal limits depending on KYC level.

What are Felixo’s trading fees and how are they structured?

Felixo uses a tiered trading fee model based on 30-day trading volume. For standard users, maker/taker fees start at 0.15%/0.25% , but they can drop to 0.105%/0.175% for Level 3 traders (≥150 BTC/month). FLX token holders also receive fee discounts up to 50% , depending on their holdings.

Who can register and trade on Felixo Exchange?

Felixo Exchange is exclusively available to Turkish citizens or foreign nationals who possess a Turkish ID number starting with 99. Users meeting this requirement can access the platform from within or outside Turkey. Other global users are currently not eligible to register.

How can I deposit funds?

You can deposit funds via bank transfer (Turkish banks) or VISA/MasterCard . Cryptocurrency deposits are also supported.

Does Felixo offer margin trading?

The exchange only focuses on spot trading and does not offer leverage options.

What cryptocurrencies can I trade?

The exchange offers 26 trading pairs with 16 cryptocurrencies like Bitcoin, Ethereum, Litecoin, XRP, and others.

TradingFinder
Exchanges
Felixo Review 2025

Writer:

Ram Nisha

Reviewer:

Sinan Aydın

Fact checker:

Arjun Mandal

Modified:Jul 8, 2025

Felixo Review 2025

Item: Felixo
Rating: 1.8

Company:Felixo

Headquarter:

Turkey

Founded:2018

Coins:16

US Accepted:

Max Leverage:1:1

TRY PaymentsSpot MarketMobile TradingOTC TradingFIP Transfer SystemAPI Trading

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About

Felixo is a Turkey-based crypto exchange founded by Sefer Algan and Oguz Yagmur. The exchange has listed 16 cryptocurrencies (e.g., BTC, LTC, XRP, ETH, and USDT). It offers fee discounts of up to 50% to its native token, FLX, holders. Some of the platform's features include a 60% referral commission and a minimum deposit requirement of TRY 10.

Contact

N/A support@felixo.com

Merdivenköy Neighborhood, Dikyol Street, Business Istanbul Business Center, Block B, No: 2/91

Rank and Score

Pros and Cons

User Levels

Pros

Low commission fees (starting at 0.15% maker / 0.25% taker)

Further fee reductions available for FLX token holders

User-friendly interface

TRY deposits and withdrawals

Cons

Limited cryptocurrency offerings (16)

No live chat feature

No investment programs

Limited global recognition

5 From 5.0

(1)

Rate this post

Felixo offers 26 trading pairs in TRY and USDT markets. The general trading fees are 0.2%. However, it is reduced to 0.105% for clients with a monthly trading volume of equal to or more than 150 BTC.

Felixo; An Introduction to The Exchange

“Felixo Teknoloji ve Yazılım Anonim Şirketi” is a crypto exchange founded by Turkish engineers in 2018.

The centralized exchange is registered with the Göztepe tax office with Tax No. 3851202592. Key features of Felixo:

TRY/Crypto trading pairs
Default commission of 0.2%
24/7 support
Founded by Sefer Algan and Oguz Yagmur

Felixo Exchange Specifications

To see if Felixo fits among the crypto exchanges, here's a breakdown of its key specifications:

Exchange	Felixo
Launch Date	2018
Levels	4 Levels
Trading Fees	0.2%
Restricted Countries	Only Turkey is available
Supported Coins	16
Futures Trading	No
Minimum Deposit	TRY 10
Deposit Methods	Crypto, Fiat
Withdrawal Methods	Crypto, Fiat
Maximum Leverage	1:1
Minimum Trade Size	N/A
Security Factors	Cold Storage, 2FA, Bug Bounty Program
Services	OTC Trading, Spot Market, FIP Transfer System
Customer Support Ways	Ticket, Email
Customer Support Hours	24/7
Fiat Deposit	Yes
Affiliate Program	Yes
Orders Execution	Market
Native Token	Felixo Coin (FLX)

Upsides and Downsides

While the platform enables users to buy and sell cryptocurrencies for Turkish Lira, its limited digital asset offerings are a potential letdown for clients.

Pros	Cons
Low commission fees (starting at 0.15% maker / 0.25% taker)	Limited cryptocurrency offerings (16)
Further fee reductions available for FLX token holders	No live chat feature
User-friendly interface	No investment programs
TRY deposits and withdrawals	Limited global recognition

Felixo User Levels

The company has implemented a tiered user-level system based on 30-day trading volume (in BTC). User levels are reevaluated every day at 00:00 AM (UTC).

User Level	Trading Volume (BTC)	Maker	Taker
General	< 50	0.15%	0.15% or 0.25%
Level 1	>= 50	0.135%	0.135% or 0.225%
Level 2	>= 100	0.12%	0.12% or 0.2%
Level 3	>= 150	0.105%	0.105% or 0.175%

Fees Explained

As mentioned earlier in this Felixo review, the company implements a tiered fee structure based on monthly trading volume. However, the general trading fees are 0.2%. The exchange also offers fee discounts for FLX token holders.

FLX Amount	Commission Discount
50K – 1M	10%
1M – 5M	20%
5M – 10M	30%
10M – 50M	40%
50M+	50%

While deposits are free of charge, fiat withdrawals incur a TRY 2 fee.

Listed Cryptocurrencies on Felixo Exchange

The company offers two trading markets: USDT and TRY. There are a total of 26 trading pairs and 16 tokens, such as:

Bitcoin (BTC)
Ethereum (ETH)
Litecoin (LTC)
Avalanche (AVAX)
XRP
Tether (USDT)
Stellar (XLM)
Dogecoin (DOGE)
TRON (TRX)

Felixo Digital Assets — A look into the Felixo TRY market’s trading pairs

Does Felixo Support Futures and Margin Trading?

At the time of writing this Felixo review, the platform doesn’t provide leverage options for the Futures market and Margin trading. It focuses primarily on spot trading for cryptocurrencies.

Such an approach aligns with Felixo's positioning as a more accessible platform for Turkish investors, many of whom may be new to cryptocurrency trading.

Registration and KYC

To open an account and complete the verification process on the Flexio exchange, traders must follow the steps below:

#1 Visit the Flexio Website

Access the official website of the Flexio exchange and click on the "Register" button.

#2 Complete the Registration Form

Fill out the registration form by providing a valid email and creating a strong password.

#3 Verify Your Identity and Address

Provide the following documents:

Proof of identity: TR ID card or driving license for Turkish citizens and residence permit for non-Turkish nationals;
Proof of Address: Domicile certificate with barcode from e-government or Residence certificate obtained from the Directorate of Civil Registration.

Felixo Exchange Application and Platform

The platform offers a dedicated mobile app for various operating systems and a web-based trading platform with access to TradingView charts.

Felixo Android (removed from Google Play Store servers)
Felixo iOS

Felixo's native FLX token plays a central role in the ecosystem, offering benefits like fee discounts, voting rights on new listings, and participation in airdrops and IEOs. With a total supply of 8 billion FLX and 615 million in circulation, the token adds an extra layer of utility to the Felixo platform.

Felixo App Download — The Felixo app has a 4.2 rating on the Apple Store, resulting from 5 comments

Security and Safety

The ecosystem was developed by a group of blockchain technologists prioritizing client funds’ safety by implementing various security factors, including:

Bug Bounty Program: Up to $5,000 for reporting critical bugs
Cold Storage
Two-Factor Authentication (2FA)

Felixo Withdrawal & Deposit

In this Felixo review, we must mention that the platform supports fiat (TRY) payments and crypto transactions. TRY payments are processed via:

Bank Transfers: T.C. ZIRAAT BANKASI, VakifBank, and Sekerbank
Credit/Debit Cards: VISA and MasterCard

While the minimum fiat withdrawal is TRY 100, maximum withdrawal limits differ based on the user’s KYC level.

KYC Level

Max Fiat Withdrawal (TRY)

Max Crypto Withdrawal (BTC)

1M/day

10M/30 days

50/day

2.5M/day

25M/30 days

50+/day

Trust Scores and User Satisfaction

There are a few Felixo reviews online, most of which are negative. A total of 5 users have rated the Felixo TrustPilot profile as a 1-star exchange (the lowest rating), resulting in a poor score of 2.5 out of 5.

Flexio Features

Flexio aims to create the easiest cryptocurrency trading experience for all traders. Therefore, it doesn't provide other services such as:

Feature	Availability
Staking	No
Yield Farming	No
Social Trading	No
Liquidity Pool	No
Gift Card	No

Felixo Exchange Customer Support

The platform boasts 24/7 customer support to assist users with issues or queries. However, the lack of a live chat feature is a serious disappointment in this Felixo review.

Email: support@felixo.com
Ticket system: Through the chat button featured on the website

Does Felixo Offer Copy Trade Services or Investment Plans?

The exchange does not offer copy trading services or growth plans such as staking, except for traditional referrals. However, it provides an API service suitable for automating trades and developing Expert Advisors (EAs).

Traders can also earn passive income through the affiliate program. The commission for referring new clients is 60%.

Restricted Countries

Felixo is available only to Turkish citizens or foreign citizens with a Turkish ID number that starts with 99. However, it can be used by these individuals outside of Turkey.

Comparing Flexio with top Crypto Exchanges

If you are residing in Turkey and wonder if this exchange is the best choice for you, we suggest checking the table below.

Parameters	Felixo Exchange	OKX Exchange	LBank Exchange	Kucoin Exchange
Number of Assets	16	7800+	700+	700+
Maximum Leverage	1:1	1:12	1:125	1:100
Minimum Deposit	TRY 10	N/A	Varies by Cryptocurrency	$1
Spot Maker Fee	0.105% - 0.15%	-0.01% - 0.14%	0.02%	From 0.005%
Spot Taker Fee	0.105% - 0.25%	0.03% - 0.23%	0.02%	From 0.025%
Mandatory KYC	Yes	Yes	No	Yes
Futures Trading	No	Yes	Yes	Yes
Mobile Application	Yes	Yes	Yes	Yes
Fiat Payment	Yes	Yes	Yes	Yes
Staking	No	Yes	Yes	Yes
Copy Trading	No	Yes	Yes	No

Writer's Opinion and Conclusion

Felixo supports TRY transactions from multiple banks, including T.C. ZIRAAT BANKASI, VakifBank, and Sekerbank, for OTC cryptocurrency trading. The maximum fiat withdrawal limit is TRY 2.5M daily, and the minimum is TRY 100 per request.

Felixo exchange accepts only Turkish citizens or other nationalities with Turkish foreign ID numbers. It has a poor TrustPilot score of 2.5 out of 5.

FAQs

What cryptocurrencies can I trade?: The exchange offers 26 trading pairs with 16 cryptocurrencies like Bitcoin, Ethereum, Litecoin, XRP, and others.
Does Felixo offer margin trading?: The exchange only focuses on spot trading and does not offer leverage options.
How can I deposit funds?: You can deposit funds via bank transfer (Turkish banks) or VISA/MasterCard. Cryptocurrency deposits are also supported.
Who can register and trade on Felixo Exchange?: Felixo Exchange is exclusively available to Turkish citizens or foreign nationals who possess a Turkish ID number starting with 99. Users meeting this requirement can access the platform from within or outside Turkey. Other global users are currently not eligible to register.
What are Felixo’s trading fees and how are they structured?: Felixo uses a tiered trading fee model based on 30-day trading volume. For standard users, maker/taker fees start at 0.15%/0.25%, but they can drop to 0.105%/0.175% for Level 3 traders (≥150 BTC/month). FLX token holders also receive fee discounts up to 50%, depending on their holdings.
Does this exchange support fiat (TRY) deposits and withdrawals?: Yes, Felixo fully supports fiat deposits and withdrawals in Turkish Lira (TRY). Users can deposit via bank transfer (e.g., Ziraat Bank, VakifBank) or credit/debit cards, while fiat withdrawals are subject to a TRY 2 fee, with daily withdrawal limits depending on KYC level.
What documents are needed to complete KYC verification?: To complete KYC, Turkish citizens must submit a valid TR ID or driver's license and a domicile certificate from the e-government portal. Foreign nationals must provide a residence permit and a residence certificate from the Directorate of Civil Registration.
What are the different user levels on Felixo and how do they work?: Felixo uses a four-tier user system based on monthly BTC trading volume. Levels range from “General” (<50 BTC) to “Level 3” (≥150 BTC). Higher levels unlock lower trading fees, down to 0.105% for high-volume traders.
Is there a mobile app available for Felixo Exchange?: Yes, Felixo provides mobile apps for both Android and iOS platforms. While the Android version was removed from Google Play, the iOS version remains available with a 4.2-star rating based on user reviews.
What security measures does Felixo use to protect user funds?: Felixo implements Cold Wallet Storage, Two-Factor Authentication (2FA), and a Bug Bounty Program offering rewards up to $5,000 for critical vulnerabilities. These steps ensure a secure trading environment.
What is the FLX token, and how is it used on Felixo?: FLX is Felixo’s native token with a total supply of 8 billion and over 615 million in circulation. It grants users trading fee discounts, voting rights for token listings, and access to IEOs and airdrops.
What is the minimum deposit amount on Felixo?: The minimum fiat deposit is TRY 10. There is no clearly specified minimum for crypto deposits, but it must meet network fee thresholds for transfer acceptance.
Are there any passive income options available?: No, Felixo does not support staking, liquidity pools, or yield farming. Passive income can only be earned via its affiliate program, which pays 60% commissions for referrals.
Does Felixo have a copy trading feature or investment plans?: No, the exchange does not support copy trading or structured investment plans. However, API support is available for automated trading via custom bots or Expert Advisors.
What customer support channels are available?: Support is available 24/7 via email (support@felixo.com) and a ticket-based system on the website. However, no live chat feature exists, which may delay urgent resolutions.
What is the maximum fiat withdrawal limit?: Fiat withdrawal limits vary by KYC level. At Level 3, users can withdraw up to TRY 2.5 million per day, and up to 25 million TRY every 30 days. Crypto withdrawals are limited to 50+ BTC/day.