Finexbox Review 2025

Finexbox has listed 300+ cryptocurrencies in a Spot and P2P market. The minimum deposit and minimum trade size are $10.  The exchange charges a 0.1% fee for makers and takers, and no deposit fees.

Finexbox; Exchange Information and Licenses

Finexbox is a centralized P2P cryptocurrency trading platform founded in 2017 and launched in June 2018.

The platform is operated by FINEXBOX GROUP LIMITED (company No. 209244) registered in the Republic of Seychelles.

The exchange is also registered in China and the United Kingdom through GENESIS BLOCKCHAIN GLOBAL LTD. Key features of Finexbox:

• China company register ID: 91440101MA5CKE1N94
• UK company number: 11673783
• Angel round financing: $8M by an American investment firm
• Daily Trading Volume: $6,020,437
• Weekly Trading Volume: $23,676,186

Finexbox Table of Specifications

The Crypto exchange, led by CEO Dennis Smith, has a client base of 593,548 users. Here’s a table summarizing Finexbox’s key offerings:

Finexbox Exchange Pros and Cons

Margin trading, comprehensive API services, and a customizable interface are some of the upsides in this Finexbox review. To have a balanced view, let’s weigh Finexbox’s advantages against its disadvantages.

Does Finexbox Offer User Levels?

Unlike strong competitors, Finexbox doesn’t offer a tiered user level system. Crypto exchanges usually reduce trading fees based on the client’s trading volume.

Finexbox Fees and Commissions

The platform charges no fees for deposits above a certain amount. However, crypto withdrawals incur a transaction commission, which is variable based on the digital asset. Finexbox implements a single direction fee structure for trading:

• Maker: 0.1%
• Taker: 0.1%

Available Digital Assets on Finexbox Exchange

The platform offers trading of its native token, FNB, and a tokenized Africa digital asset, Afreum (AFR on Stellar blockchain), in addition to 300+ other crypto assets, including:

• Tether (USDT)
• Bitcoin (BTC)
• Litecoin (LTC)
• Binance Coin (BNB)
• Tron (TRX)
• Stellar (XLM)
• Ethereum (ETH)
• Toncoin (TON)
• Arbitrum (ARB)

Finexbox Margin Trading

The exchange provides leveraged margin trading via a peer-to-peer funding market, enabling users to trade securely with up to 1:3.3 leverage.

Registration and Verification

To start trading on the exchange, you only need to verify your email address. Finexbox does not have a KYC verification procedure.

Note that yahoo.com/Hotmail is not accepted, and you can only register using Gmail.

• Visit the exchange’s official website;
• Click “Register”;
• Fill in the signup form;
• Activate your account using the verification link sent to your email.

Finexbox App and Trading Platform

One of the biggest weaknesses in this Finexbox review is the lack of a dedicated mobile application.

The exchange features a web-based platform integrated with Trading View, with a comprehensive set of order types designed to help traders capitalize on any market condition.

TradingFinder has developed a wide range of TradingView indicators that you can use for free.

Is Finexbox Exchange Secure?

The exchange mandates enabling the 2-factor authentication (2FA) with Google Authenticator as a security layer.

However, there are significant concerns about Finexbox's security measures and overall trustworthiness, including:

• No approved penetration test
• Absence of an ongoing bug bounty program
• Many user complaints

Despite the points mentioned above, the exchange offers 100% proof of reserve on its assets with the following addresses:

• Finexbox BTC Wallet
• Finexbox TRX Wallet

Finexbox Deposit and Withdrawal

In Finexbox, cryptocurrency is the only option to top up your account or withdraw from it. The platform doesn’t support fiat transactions.

Here are some of the available digital assets for Finexbox deposit and withdrawal:

• Bitcoin (BTC)
• Tether (USDT)
• Ravencoin (RVN)
• Matrix Token (MATRIX)
• Optimism (OP) – only withdrawal

Finexbox User Satisfaction

There are 83 Finexbox reviews on Trustpilot, most of which are negative, complaining about withdrawal issues, account closures, and lengthy deposit processing times.

The Finexbox Trustpilot profile has a bad score of 1.7 out of 5, with 82% being 1-star and only 17% positive (4-star and 5-star).

Support Channels

Finexbox exchange doesn’t provide a live chat feature, which can be disappointing for potential clients. It offers client assistance through three methods, including:

• Email: service@finexbox.com
• Telegram Group: https://t.me/finexbox2020
• List Manager Telegram

Does Finexbox Offer Investment or Growth Plans?

While the platform doesn’t feature any dedicated Crypto copy trading software, it offers a comprehensive API solution for Automated trading using customized EAs and Bots.

Finexbox also features an affiliate program that rewards clients with referral commissions. A loyalty program for Finexbox (FNB) token holders also offers weekly 50% transaction fee rebates as a MEGA bonus.

Restricted Countries on Finexbox Exchange

While the company is registered in multiple jurisdictions, it can’t provide services in certain jurisdictions due to regulatory requirements, including:

• United States
• Bahrain
• Palestine
• Iraq
• Iran
• North Korea
• Lebanon
• Libya
• Syria
• Yemen
• Afghanistan
• Somalia
• Cameroon
• Rwanda
• Croatia
• Burma
• Albania
• Mauritius
• Puerto Rico
• Cote d'Ivoire
• Laos
• Macedonia
• Bahamas
• Haiti

Note that the list of restricted regions is subject to change. For the most up-to-date information, check with the Finexbox support team.

Conclusion

Finexbox provides access to 410+ crypto trading pairs in 7 markets, including BTC, USDT, LTC, BNB, ETH, TRX, and DOGE.

The exchange allows P2P margin trading with leverage options of up to 1:3.3. It has a bad score of 1.7 out of 5 on Trustpilot.