This is a very proud announcement for us here at FreedomEx, we have been working for weeks towards this day and we are happy to be able to deliver this service to the STEEM ecosystem - the FIAT gateway has now opened! Please read on for all the details, and follow the @freedomex account for all future updates.
Buy clicking our new BUY STEEM button on our site, we are able to offer the following currency pairs: STEEM/USD, STEEM/CAD and STEEM/EUR though our partner Netcoins. The process required will involve creating a netcoins account and going through a KYC process including a selfie, an address and an ID verification. After the process is complete you will then be able to link your bank and initiate a transfer into STEEM at any time!
At the current time we are unable to service any US customers, but as soon as the compliance audit is complete (30-60 days) this will be going live; stay tuned for future update. Get ready for some exciting times and get your account active today!
This is a huge step forward for our entire ecosystem, and we are thrilled to deliver it to you. We are still adding the final touches to the site, including a page with detailed instructions, but we wanted to let those of you interested to get access to this as soon as possible - the market conditions are quite favorable right now!
As we continue to deliver on adding to value to the STEEM ecosystem, you may be interested in how you can get involved in what we are doing. The best way is to buy FreeX tokens, read on for more details!
FreeX Token 101
The core of our business is the FreeX token through which we will share the value we capture back to the community. FreeX has three important features:
- Free/Discounted Trading for Holders
Reduce the maker/taker fees while trading on FreedomEx by holding FreeX tokens. Zero Trading Fees for life will go to all those who have and maintain 2000 FreeX by and beyond May 31st, 2019.
- Smart Drops
Successful exchange launches often include drops to potential users, but FreedomEx goes one step further by distributing the listing free to our FreeX token holders! Holders of FreeX will be rewarded with the chance to learn about promising new projects through our Smart Drops!
- Success Share
75% of all revenue generated from trading fees will go into the success share pool, to be distributed daily to the holders of FreeX Token!
Freedomx.witness
FreedomEx has started a witness node that has now been running for more than 2 months without missing a block! We would appreciate your witness vote showing your support for the FreedomEx Exchange. Click below to Vote today!
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Thats what it's about. Making currencies like Steem more accessible. Excited about the progress.
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Yes sir! Thank you Dave
Thank you to all the @freedomex team. Thank you for all your hard work. This is a HUGE milestone for the Steem ecosystem & Steem Community. Thank you to all the individuals & organizations that support Freedomex. This is just the beginning. Have a beautiful day. -resteem-
A huge milestone! This lays the foundation for more exciting and new features we will provide for the STEEM ecosystem. Fun times ahead, and this is just the beginning!!
Sweet! Yes, don't forget to for FreedomX.witness. Thank you @elgeko!!
Eagerly looking forward to being able to buy/sell Steem directly with USD (in the U.S.).. I’m way past tired of buying ETH on Coinbase, transferring to an exchange, converting to Steem and then sending it to my account on the blockchain! All the while paying over 7% in fees between international debit card charges + Coinbase fee + exchange fees 🙄. Your services are needed, to say the very least!
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We agree. The entire process is too long and cost more than it should. FreedomEx will be your single source for buying and selling via fiat for STEEM.
Can’t wait!! 🚀🌕
Also, is there a way to buy FREEX through Steemconnect or Keychain? Last time I tried it asked for my active directly. Thanks
Posted using Partiko iOS
As long as the Steem is sent to @freex-bot steemconnect and steemkeychain methods are allowed.
You can send however you like, though our buy Freex button on freedomex.io needs the Active key. Its a client-side transaction via the browser, so we don't see or store it in any way.
Great explanation, that all makes perfect sense. Good to know that the browser option is safe as well, but I’ll definitely use the keychain method. Thanks!
Posted using Partiko iOS
Yes. Using Keychain:
Send STEEM to: freex-bot
With memo: FREEX token Purchase
Sweet! Thank you. That helps tremendously
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This is great news, thanks @freedomex.
Posted using Partiko Android
@flaxz Thank you!
Congrats guys! 👍
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@yanipetkov Thank you!
What a freeing feeling! Awesome work 💪🏻
Posted using Partiko iOS
Thank you Ken! Exciting times ahead!!
Going to check this out!! Awesome guys.
Very cool, but it looks like USA customers will miss out on the opportunity to hold 2000 FreeX before the end of May deadline.
Hello @radiumbattery FREEX can be purchased with STEEM on Freedomex.io
Ah I understand. Of course. Looking forward to being able to deposit/withdraw via my US bank acct. as well. Thanks for the reply.
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This post has been included in the latest edition of The Steem News in 10 posts - a compilation of the key news stories on the Steem blockchain.
will this all work from serbia?
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hello @bil.prag Yes! We can do business in Serbia.
Good news , I wish you all took
PayPal as well. I was ready to go Paypal me some steem but kyc first. I hate the process of linking up bank accounts but that’s just me. It is a a fantastic milestone though nonetheless
Posted using Partiko iOS
Curious, other than the ability to buy Steem via fiat directly, how is this DEX different from others?
FreedomEx is STEEM centric. We are integrating logins, and many other features. We also focus on the dapps and servicing those communities.
thanks for this update, really cool. Is there any info on fees for the fiat gateway?? must do a bit of browsing
Hello @felander Gateway deposit/withdrawal fees are 3%.
Are these deposit/withdrawal fees something that goes away if we have the 2000 FREEX tokens before the sale ends?
Having the 2,000 FREEX waives trading fees. The Gateway fees we cannot waive, this is a Netcoins fee.
A couple of questions:
Hello! Yes, we already have other tokens listed. So, its not only STEEM and SCOT tokens listed.
We already have built in wallets for many tokens btc, eth, dash,ltc etc.
You will need to purchase 2,000 FREEX tokens to receive no trading fees.
Will you require a KYC?
We have a 3 tiered KYC system.