FreiExchange Withdrawal Fee Calculator
Calculate Your Withdrawal Fee
Your Fee Breakdown
Withdrawal Amount:
Fee Percentage: 0.5%
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Comparison to Other Exchanges
For comparison, at current BTC price:
- Binance withdrawal fee: Fixed fee per coin
- Coinbase withdrawal fee: Fixed fee per coin
- Kraken withdrawal fee: Fixed fee per coin
Key Risk Reminder
Withdrawing large amounts (10+ BTC) from FreiExchange costs over $3,000 in fees at current prices. Remember, you have no insurance, no regulation, and no legal protection if the platform fails.
FreiExchange claims to be the exchange that doesnât charge trading fees. Thatâs the headline. And if youâre someone who trades small amounts of obscure altcoins, it sounds almost too good to be true. But hereâs the catch: FreiExchange is not just low-fee - itâs practically invisible in the crypto world. With a 24-hour trading volume under $25,000 and no regulatory oversight, this isnât Binance or Coinbase. Itâs a quiet corner of the market, built for a very specific kind of trader - and not everyone should be stepping into it.
What FreiExchange Actually Offers
FreiExchange launched in 2016 and is registered in Norway, but donât let that fool you. Being registered doesnât mean itâs regulated. No financial authority - not the SEC, not the FCA, not even Norwayâs Finanstilsynet - oversees its operations. Thatâs a red flag for anyone who cares about legal protection or dispute resolution. The platform supports 110 cryptocurrencies across 145 trading pairs. That sounds impressive until you realize most of those are obscure tokens with little to no liquidity. You wonât find Bitcoin or Ethereum trading volumes here that matter. Instead, youâll find coins like Freicoin, BitCloud, and other niche projects that bigger exchanges dropped years ago. If youâre holding one of these and need to trade it, FreiExchange might be one of the few places left that still lists it. Its biggest selling point? Zero trading fees. Both makers and takers pay 0%. Thatâs rare. Even decentralized exchanges like Uniswap charge a small fee. On centralized platforms like Kraken or Bybit, youâre looking at 0.1% to 0.2% per trade. FreiExchange removes that cost entirely. For someone making dozens of small trades daily, that adds up. But hereâs the twist: while trading is free, withdrawals cost 0.5% of the amount you take out. That 0.5% withdrawal fee isnât flat. It scales. Withdraw 0.01 BTC? Thatâs 0.00005 BTC in fees - barely noticeable. Withdraw 10 BTC? Thatâs 0.05 BTC - worth over $3,000 at current prices. If youâre moving large sums, this fee could eat into your profits faster than any trading fee ever could. And thereâs no info on deposit fees. Some sources say there arenât any. Others say they just havenât found the details. That lack of transparency is a problem.Security: Surface-Level, Not Deep
FreiExchange says it uses cold storage, two-factor authentication, and encryption. Thatâs standard. Every exchange claims those things. But whatâs missing is proof. There are no third-party audits. No public wallet addresses for verification. No transparency reports showing how much crypto is held offline versus online. You can connect hardware wallets like Ledger or Trezor - thatâs good. But if the platform itself gets hacked, your private keys arenât the only thing at risk. The exchange holds your funds in hot wallets during trading. If someone breaches their system, your coins are gone. And with no regulation, you have no legal recourse. No insurance fund. No compensation policy. Just a website and a promise. The Trust Score on CoinGecko is 3 out of 10. Thatâs low. For comparison, Binance scores 9.5. Coinbase scores 8.7. FreiExchangeâs score reflects concerns about fake trading volume, lack of oversight, and user complaints. Thatâs not just a number - itâs a warning.User Experience: Functional, But Frustrating
The interface is clean. Market data loads fast. Charts are basic but usable. If you know what youâre doing, you can place trades without confusion. But thatâs the problem - you need to already know what youâre doing. There are no tutorials. No glossary. No beginner guides. No YouTube videos linked from the site. If youâre new to crypto, youâre on your own. Even basic terms like âmaker vs takerâ arenât explained. Thatâs not user-friendly - itâs exclusionary. Users report a high bounce rate (54%) and low average time on site (just over 2 minutes). That suggests people land on the site, get lost, and leave. Navigation is described as âinaccessibleâ by multiple reviewers. Buttons are hard to find. The menu structure doesnât follow common patterns. Even experienced traders have said they spent 15 minutes trying to locate the withdrawal page. Customer support is another mess. WikiBit says itâs responsive. Traders Union says FreiExchange ignores negative reviews. Trustpilot has only two reviews. Thatâs not enough data to judge, but the fact that the company doesnât reply to criticism speaks volumes. If you run into a problem - a delayed deposit, a failed withdrawal - youâre unlikely to get help.
Who Should Use FreiExchange?
This exchange isnât for most people. Itâs not for beginners. Itâs not for long-term holders. Itâs not for anyone who wants to feel safe. Itâs for one group: altcoin traders who need to move small amounts of obscure tokens and are willing to accept high risk for zero trading fees. If youâve got 0.5 ETH of some forgotten token you bought in 2021 and you want to swap it for another obscure coin - and youâre okay with paying 0.5% to get it out - then FreiExchange might be your only option. Itâs also for developers. The platform offers an API. If youâre building a bot or tool that needs to interact with low-volume altcoins, this could be a useful endpoint. But again - no documentation quality is confirmed. Youâd be testing blind.How It Compares to the Rest
| Feature | FreiExchange | Binance | Coinbase | Kraken |
|---|---|---|---|---|
| Trading Fees | 0.00% | 0.10% (maker), 0.10% (taker) | 0.50% (spot) | 0.16% (maker), 0.26% (taker) |
| Withdrawal Fee | 0.50% of amount | Fixed fee per coin | Fixed fee per coin | Fixed fee per coin |
| Regulated | No | Partially (global) | Yes (US, EU) | Yes (US, EU, Canada) |
| Coins Listed | 110 | 350+ | 200+ | 200+ |
| 24h Volume | $24,000 | $25+ billion | $1.8+ billion | $1.2+ billion |
| Trust Score | 3/10 | 9.5/10 | 8.7/10 | 8.5/10 |
| Educational Resources | None | Extensive | Extensive | Extensive |
| Customer Support | Inconsistent, no public replies | 24/7 live chat | 24/7 live chat | 24/7 live chat |
The Real Cost of Free Trading
Free trading sounds like a gift. But in crypto, nothing is free. FreiExchange makes money through withdrawal fees and possibly by front-running trades or holding user funds longer than necessary. The lack of transparency means youâre trusting them with your money without knowing how they profit. Thereâs also the risk of platform failure. If FreiExchange shuts down tomorrow - because of a hack, a legal crackdown, or just because the owner got bored - you might lose access forever. No one is watching over it. No regulator is stepping in. No insurance fund is ready to pay you back. And then thereâs the psychological trap. When you donât pay trading fees, you trade more. You take bigger risks. You chase small price swings because âitâs free.â Thatâs how people lose money - not because the market is bad, but because they forget the cost of their own behavior.Final Verdict
FreiExchange isnât evil. Itâs not a scam. Itâs just outdated, unregulated, and dangerously opaque. It fills a tiny niche: letting people trade obscure altcoins without paying trading fees. But thatâs it. If youâre a seasoned trader with a specific altcoin you need to move, and you understand the risks - go ahead. But treat it like a last resort, not a primary exchange. Keep your funds in a hardware wallet when youâre not trading. Donât deposit more than you can afford to lose. And never assume itâs safe just because itâs been around since 2016. For everyone else - beginners, investors, anyone who wants security, support, or reliability - keep looking. There are better options. Safer ones. Ones that actually care about your money.Is FreiExchange safe to use?
FreiExchange is not safe for most users. It has no regulatory oversight, no public audits, and no insurance for user funds. While it uses basic security features like 2FA and cold storage, thereâs no proof these are properly implemented. If the platform is hacked or shuts down, you have no legal recourse. Only experienced traders who understand the risks should consider using it.
Does FreiExchange charge deposit fees?
Itâs unclear. No official documentation confirms whether deposit fees exist. Some sources say deposits are free, but no details are provided on supported methods like bank transfers, credit cards, or crypto deposits. This lack of transparency is a red flag.
Why is FreiExchangeâs trading volume so low?
FreiExchangeâs low volume - under $25,000 per day - is due to its focus on obscure altcoins with little demand. It doesnât list major cryptocurrencies like Bitcoin or Ethereum in high volumes. Its user base is small, and most traders avoid it because of its unregulated status and lack of liquidity. Low volume also raises questions about whether the reported numbers are accurate.
Can I use FreiExchange on my phone?
Yes, FreiExchange offers mobile apps for iOS and Android. However, user feedback suggests the interface is hard to navigate on smaller screens. The app doesnât offer any features beyond the web version, and there are no reviews or ratings in official app stores to confirm reliability.
What happens if FreiExchange goes offline?
If FreiExchange shuts down, you may lose access to your funds permanently. There is no customer support to contact, no regulator to file a complaint with, and no insurance to claim. Your coins are stored on their servers - if they disappear, so do your assets. This is the biggest risk of using any unregulated exchange.
Is FreiExchange good for beginners?
No. FreiExchange offers zero educational resources. There are no tutorials, guides, or explanations of trading terms. The interface is confusing even for experienced users. Beginners should avoid this platform entirely and start with regulated exchanges like Coinbase or Kraken that provide learning tools and customer support.
Does FreiExchange support fiat currency?
FreiExchange claims to offer fiat gateway services, but no details are available on which currencies are supported, which banks are integrated, or how deposits are processed. There are no verified examples of users successfully depositing USD, EUR, or other fiat currencies. This claim appears unverified and potentially misleading.
I've used FreiExchange for my weird altcoins and honestly? It's the only place that lets me trade Freicoin without getting charged a fortune. I know the risks, but I'm not here to bank. I'm here to move tokens. I keep 95% in cold storage anyway. Just don't deposit more than you'd lose on a dice roll.
Zero fees for trading? That's the whole reason I'm here. Withdrawal fee? Fine. It's predictable. Better than paying 0.1% every time I flip a coin.
There is something profoundly poetic about an exchange that thrives in the shadows of the crypto world - a digital monastery for the forgotten tokens. FreiExchange does not seek to be the temple of the masses; it is the quiet chapel where the faithful, the fringe, and the forgotten come to worship in silence. Its lack of regulation is not negligence - it is a philosophical stance. A declaration that not all value must be measured in compliance, in KYC, in institutional validation. To use it is to embrace the wild, unregulated soul of crypto - before it became a Wall Street derivative.
I respect the idea of a fee-free exchange. Truly. But when you look at the numbers - $24k volume, zero audits, no customer support - it's not freedom. It's abandonment. This isn't a platform. It's a digital ghost town with a trading interface. I've seen startups like this vanish overnight. If you're using this, you're not a trader. You're a volunteer test subject.
Free trading sounds nice but if you lose your money no one cares. Stay away unless you know exactly what you're doing.
I used this for my DogeAltCoin swap last year and it worked fine. Withdrawal took 3 days but it went through. No fees on trade. That's all I care about. Why you guys always overthink? If it works, use it. If it breaks, move on.
Trust Score: 3/10. 24h volume: $24k. No regulation. Withdrawal fee: 0.5%. This isn't a platform - it's a honeypot. đŠ
Anyone using this is either a degenerate or a fool. Or both.
I just want to say - this is exactly what crypto was supposed to be! No middlemen, no banks, no corporate overlords telling you how to trade! FreiExchange is the purest expression of decentralization left! Yes, the interface is clunky, yes, support is nonexistent, yes, the volume is laughable - but thatâs the point! Itâs not for the masses. Itâs for the true believers! The ones who donât need a tutorial to know that freedom has a price - and that price is silence, risk, and solitude!
They donât need to be regulated. They need to be celebrated.
Ah yes, the 'zero fee' exchange that charges you 0.5% to withdraw - like a magician saying 'free card trick!' then stealing your wallet after.
Also, 'registered in Norway' - cool. So is my toaster. Does that make it a bank? đ
I donât use FreiExchange for anything big - just small swaps of tokens I picked up in 2021 that no one else wants. Itâs not safe, but itâs not a scam either. Itâs just⌠there. Like a dusty bookstore in a town no one visits anymore. You go there because you need that one out-of-print book. You know the owner might vanish tomorrow. But you go anyway.
Just keep your keys safe and your expectations low.
This is clearly a Fed-backed decoy. The 'Norwegian registration' is a red herring - Norway doesnât even have a crypto regulatory framework. Theyâre laundering money under the guise of 'freedom.' The 0.5% withdrawal fee? Thatâs the tracking tax. Theyâre logging every transaction to feed into a global surveillance system. This isnât crypto. This is Phase 2 of the Great Crypto Purge. They want you to think youâre trading freely - while they collect your data, your holdings, your behavior patterns. Wake up. This is not a platform. Itâs a trap.
Used it once for a tiny swap. Worked. Didnât die. Withdrawal fee was annoying but fair. Iâm not gonna cry about it. Free trades? Yes please. Iâm not paying 0.1% to move 0.02 ETH of some random token. đ
If you're holding obscure coins, this might be your only exit. But don't deposit more than you're willing to lose. That's the rule.
Iâve been using FreiExchange for 2 years now and honestly the interface is kinda janky but it works. I had one withdrawal take 4 days but it went through. I think they had a server issue. Also, I think they might be charging deposit fees on some coins but itâs not clear. I just assume all deposits are free unless I see a charge. đ¤ˇââď¸
Wow. Someone actually wrote a 2000-word essay on a ghost exchange. Congrats. You just wasted your time. Itâs a low-volume niche tool. If you need it, you know it. If you donât, stop reading. This isnât a debate. Itâs a footnote in crypto history.
They're not charging trading fees because they're front-running your trades. Every time you swap, they buy the token before you and sell it to you at a higher price. The 0.5% withdrawal fee? That's just the tip of the iceberg. They're also draining your wallet through hidden slippage. You think you're getting free trades? You're being robbed in slow motion. đľď¸ââď¸
If you're not using Binance or Coinbase, you're not a trader. You're a hobbyist with a death wish. This exchange is a relic. A digital relic. Like a fax machine in 2025. The fact that people still use it proves how easily crypto newbies get fooled by 'free' labels. Free is the most expensive thing in crypto.
I tried to withdraw once. Took 72 hours. No response from support. No confirmation email. No update. Just silence. I eventually got my coins back - but only because I re-sent the transaction manually. Thatâs not customer service. Thatâs gambling with your assets. And you call this 'free trading'? No. This is exploitation dressed up as decentralization.
People who use this exchange are either delusional or desperate. Thereâs no middle ground. You donât get to say 'I know the risks' and then act surprised when you lose everything. If youâre not using a regulated platform, youâre not investing. Youâre gambling. And this? This isnât even a casino. Itâs a trapdoor.
i used freiexchange for a tiny trade once. i thought it was fine. then i checked my balance and my altcoin was gone. no warning. no email. no reply. just⌠poof. i lost 0.03 eth. not a lot. but i learned my lesson. never trust a site with no reviews and no support. free trades dont exist. someone is always getting paid. and it aint you.