Freedx Launches Web-Based Crypto Exchange with Low Fees and Advanced Tools

Generated by AI AgentCoin World
Monday, Aug 4, 2025 10:31 am ET1min read
Aime RobotAime Summary

- Freedx, El Salvador-regulated CEX, launched web-based platform on August 4, 2025, offering low fees, high liquidity, and advanced tools to simplify crypto trading.

- Platform supports multilingual interface (English, Spanish, etc.), cold storage, multi-layer encryption, and KYC/AML compliance, with 300+ cryptocurrencies available at launch.

- Future plans include mobile app (September), auto-trading tools, fiat gateways, and global credit cards, aiming to redefine CEX usability and accessibility in emerging markets.

- Regulated by CNAD and BCR, Freedx seeks UAE approval while emphasizing transparency, security, and CEO Jonathan Farnell’s vision for simpler, safer crypto access.

Freedx, a next-generation centralized cryptocurrency exchange (CEX) regulated in El Salvador, has officially launched its web-based trading platform on August 4, 2025. The platform is designed to simplify crypto trading with lower fees, high liquidity, and advanced trading tools, aiming to address common pain points such as complex interfaces, poor user experience, and insufficient security measures [1].

The exchange offers a comprehensive range of trading features, including spot trading, perpetual futures trading, over-the-counter (OTC) trading, and instant asset swapping through its Covert functionality. Additionally, users can access an Earn suite through staking and savings products. The launch includes a multilingual user interface in English, Spanish, French, Chinese, Ukrainian, and more, supported by a global customer service team focused on enhancing user experience [1].

Security is a key priority for Freedx, with multi-layer encryption, cold wallet storage, and continuous threat monitoring embedded into its infrastructure. The platform also supports Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols to ensure compliance. Users can purchase crypto via credit/debit cards, bank transfers, or P2P transactions with escrow protection. Fiat withdrawals are available in specific currencies, with broader access through P2P transactions. At launch, over 300 cryptocurrencies are available for trading [1].

Freedx aims to expand its feature set in the coming months, including the launch of a mobile app in September, followed by auto-trading tools with smart execution options. By the end of 2025, the platform plans to integrate fiat gateways such as QR payments, mobile money, and localized bank integrations to enhance accessibility in emerging markets. Additionally, the company is developing globally available credit cards for seamless crypto-based spending and exploring EU open-banking connectivity subject to licensing [1].

The platform’s long-term vision is to redefine the centralized exchange model through a focus on usability, transparency, and innovation. “Our goal at Freedx is not just to launch a platform but to lead a movement toward simpler, safer, and more powerful access to crypto,” said Jonathan Farnell, CEO of Freedx. The exchange is regulated by the National Commission of Digital Assets (CNAD) and the Central Reserve Bank of El Salvador (BCR) and is currently seeking regulatory approval in the UAE [1].

Source:

[1] Freedx Officially Launches Centralized Exchange on Web (https://www.livebitcoinnews.com/freedx-officially-launches-centralized-exchange-on-web/)

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