Stoppage of Business

Score

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/10

HomiEx

China

|

Stoppage of Business

2-5 years|

Suspicious Regulatory License|

High potential risk

https://www.homiex.io/

Website

Rating Index
Influence

Influence

C

Influence Index NO.1

Algeria 2.31

Better than 88.83% exchange(s)

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C

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No effective regulatory information has been founded yet, please pay attention to the risks!

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Company Name
HomiEx
Phone of the company
--
Customer Service Email Address
--

WikiBit Risk Alerts

2
Previous Detection 2024-10-14

This Exchange has ceased its operation, and it has been listed in WikiBit's shut down list of Exchange; please be aware of the risk!

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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AspectInformation
Company NameHomiEx
Registered Country/AreaRepublic of Seychelles
Founded Year2020
Regulatory AuthoritySeychelles Financial Services Authority (FSA)
Numbers of Cryptocurrencies Available250+
FeesDepends on the type of transaction, refer to the official website for details
Payment MethodsBank transfer, cryptocurrency deposits/withdrawals

Overview of HomiEx

HomiEx is a virtual currency exchange platform that was founded in 2020 and is based in the Republic of Seychelles. The company operates under the regulatory authority of the Seychelles Financial Services Authority (FSA). HomiEx offers a wide range of cryptocurrencies for trading, with over 250 options available to its users. The fees for transactions on the platform vary based on the type of transaction, and users are encouraged to refer to the official website for specific details. HomiEx supports payment methods such as bank transfers, as well as cryptocurrency deposits and withdrawals. The platform provides 24/7 customer support through email and live chat, ensuring that users can receive assistance whenever they need it. Overall, HomiEx provides a reliable and accessible platform for individuals interested in virtual currency trading.

Pros and cons

ProsCons
Wide range of cryptocurrencies availableFees vary based on transaction type
Regulated by Seychelles Financial Services Authority (FSA)Specific fees not provided, users must refer to website for details
Offers 24/7 customer supportPayment methods limited to bank transfers and cryptocurrency transactions

Regulatory Authority

HomiEx operates under the regulatory authority of the Seychelles Financial Services Authority (FSA), ensuring that the exchange adheres to certain rules and regulations. This regulatory oversight provides a level of security and protection for traders using the platform.

Security

HomiEx prioritizes security and implements various measures to protect user funds and personal information. The platform utilizes advanced encryption protocols to secure customer data and prevent unauthorized access. Additionally, HomiEx employs best practices in storing and managing digital assets, including implementing hardware security modules and cold storage solutions to safeguard funds against potential cyber threats.

To further enhance security, HomiEx enforces stringent identity verification procedures to ensure that only authorized individuals have access to user accounts. The exchange also encourages users to enable two-factor authentication (2FA) as an extra layer of protection. This additional security measure helps prevent unauthorized access even if login credentials are compromised.

Cryptocurrencies Available

HomiEx offers a wide range of cryptocurrencies for trading, with over 250 options available to its users. The platform supports both major cryptocurrencies such as Bitcoin, Ethereum, and Ripple, as well as a variety of altcoins and tokens. This diverse selection allows traders to have access to a range of digital assets and explore different investment opportunities.

How to open an account?

1. Visit the HomiEx website and click on the “Sign Up” button to initiate the registration process.

2. Provide your email address and create a strong password to secure your account.

3. Verify your email address by clicking on the activation link sent to your inbox.

4. Complete the KYC (Know Your Customer) verification process by submitting the required identification documents, such as a valid passport or driver's license.

5. Set up two-factor authentication (2FA) to enhance the security of your account. This can be done by linking your HomiEx account to a mobile authenticator app.

6. Once all the steps are completed and your account is verified, you can start using HomiEx to trade cryptocurrencies and access other features of the platform.

Payment Methods

HomiEx supports various payment methods for depositing and withdrawing funds. These include bank transfers and cryptocurrency deposits/withdrawals.

The processing time for bank transfers may vary depending on the user's bank and the corresponding banking procedures. Cryptocurrency deposits usually require confirmations on the blockchain network, which can take some time depending on the specific cryptocurrency and network congestion.

FAQs

Q: What cryptocurrencies are available for trading on HomiEx?

A: HomiEx offers over 250 cryptocurrencies for trading, including major cryptocurrencies like Bitcoin, Ethereum, and Ripple, as well as a variety of altcoins and tokens.

Q: How can I register an account on HomiEx?

A: To register on HomiEx, simply visit the website and click on the “Sign Up” button. Provide your email address, create a strong password, verify your email, complete the KYC verification process, set up two-factor authentication, and you're ready to start trading.

Q: What payment methods does HomiEx support?

A: HomiEx supports various payment methods, including bank transfers and cryptocurrency deposits/withdrawals. Users should be aware of the specific payment methods and processing times provided by HomiEx, as they may be subject to change or additional fees.

Q: Can I engage in margin trading on HomiEx?

A: Yes, HomiEx offers margin trading, allowing traders to leverage their positions and potentially increase their profits.

Q: Are there educational resources available on HomiEx?

A: Yes, HomiEx provides a range of educational resources, including market analysis, trading charts, technical indicators, tutorials, and guides to assist users in their trading activities.

Q: Is HomiEx regulated by any authority?

A: Yes, HomiEx operates under the regulatory authority of the Seychelles Financial Services Authority (FSA), ensuring compliance with rules and regulations to provide security and protection for traders.