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September 16, 2022

Folgory Review 2022: Online Ratings, Special Features, and Customer Reviews.

Have you been considering using Folgory Exchange, but needed some time to think about it? This article will help you get started.
Marko Kulundžić
Marko Kulundžić

Brief History

Folgory exchange is a digital platform that was launched in May 2019. The platform is reportedly based in Seychelles and carries out most of its operations from there. The platform was founded by a parent company— Hashfort OU, based in Estonia.

Folgory logo


Licencing and Certifications: Is Folgory Licensed?

Some time ago, the platform applied for an AEMI (Authorized Electronic Money Institute) license from the British FCA. This has not yet been officially obtained, even though it aims to offer users the opportunity to own personal debit cards. 

The exchange is also making moves to become the first crypto exchange to offer real banking services to its customers. One of the main reasons why the platform is popular is because it has many customizable features and it's very easy to use. 

One of these noteworthy features is a customizable crypto dashboard that allows you to select your favourite cryptocurrencies using the crypto wallet app. As we go in this article we will go through all the details on this platform, and by the end, you'll be able to have full knowledge of it. Let's get into it.

What Can Folgory Do for You?

In this section, we will be discussing some of the abilities this platform has and how they are shaping the crypto world. The exchange offers you the opportunity to trade over 166 different cryptocurrencies. 

You can easily buy and sell cryptocurrency on the platform. Tokens like Bitcoin, Bitcoin cash, Ethereum and other cryptocurrencies are available. Here are some other digital currencies you can trade on the platform: 

  • BTC
  • ETH 
  • XRP
  • BCH
  • ETC
  • MATIC 
  • LTC 
  • LBY
  • HEX
  • JNB
  • ATOM
  • ZEC
  • CHZ
  • LINK
Services offered by Folgory

The platform boasts six main features, but we will only discuss three features we think are the most important. They include:

Professional Dashboard

The exchange offers a professional dashboard for experienced traders who want to be able to leverage all the possible tools when trading. 

Create Tokens

 One of the most important features the exchange has is the fact that it allows users to create tokens.  This is especially crucial at the moment as the crypto world is very much in tandem with allowing its community to take control of their web. 

The ability to create tokens in a few steps is something that will even be more crucial in the future as the adoption of web3 continues to rise. 

Support and Frequently Asked Questions

Even though the folgory wallet app is supported on both android and iOS devices, there doesn't seem to be very efficient customer support. However, there is a FAQ section that covers any possible questions on the crypto payment system.

Questions that involve bitcoin mining, whether the platform is secure, platform reviews and so on are answered there. 

Trading View

Trading with Folgory is quite a good experience. You are greeted with a very familiar and relatable interface like many of the other crypto exchanges out there. This makes it easy to switch from one to another without having to experience any steep learning or relearning curves in the process. Here is what it looks like when you use the desktop version.

Folgory trading view.

One very interesting trading feature the exchange has is that it offers integrations API access on its platform. This means that it can allow developers and other mobile apps to access the data given from the platform's API to be used. 

Additionally, the exchange offers a mobile application for its customers. We will review the app later in this text. 

Intermission

Sorry for this short but necessary break in transmission. The crypto world is a place full of very numerous opportunities, but sometimes we are unaware of what it has to offer. 

If you would love to earn crypto or get paid in fiat for completing surveys and other basic tasks, Freecash.com is the best place to start. You find out more details about them here 

Folgory Fees

The exchange doesn't charge takers and makers differently, they treat them very much alike and charge a flat fee of about 0.20% of the transaction amount. This is very much consistent with the industry standard for trading fees. 

For withdrawals, the platform charges about 0.001 BTC when you withdraw one BTC, and this is also consistent with the industry standard. 

Deposit Policy

There is no adequate information on the restriction of any country from using the platform. 

Additionally, the exchange allows the use of credit cards and wire transfers for fund deposits. Using a debit card might not work. 

Platform Reviews

Trust Pilot

Trust pilot is one of the most important platforms that rate cryptocurrency exchanges. From our investigations, we saw that Folgory reviews on this platform are very poor. It is rigged with very negative reviews. 

The platform has an overall score of about 1.9/5 stars after 56 ratings have been recorded. This shows that many crypto enthusiasts have had some bad experiences with the platform. 

However, this might be due to very poor and incompetent customer service as the Folgory reviews we encountered seemed to be focused mainly on that side of things. There were also some complaints about the exchange not allowing withdrawals to go through.  

Google Play Store

Google play store also ranks the android app poorly at a disappointing 1.4 /5-star review, even though this is with just 38 reviews, it is still quite very poor. 

On the flip side, however, the app still has had over 1K downloads after launching in mid-2019. 

iOS Store 

At the time of writing this Folgory review, the iOS store seems to longer support the Folgory merchant app. Even though there are many mentions of the app on the web, it is no longer listed on the iOS store. 

Is Folgory Exchange Legit?  

From all the indications we have explored in this post, we can conclude that the Folgory exchange is legit. This means it's not a scam site. Firstly because many of its projects are long-term and are made to go into the future.

Secondly, the only problem might be that the cryptocurrency exchange has somehow created a bad image for itself in the mind of many consumers. This is why it seems as if the exchange is a scam site when it is not.

However, the services it offers are very poor, from the customer service and the apps on google and iOS. If you still wish to use the platform, you will have to deal with a lot of problems along the way.

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FREECASH STATISTICS

$
5000
Total USD earned on Freecash
$
0
Average money earned 
by users yesterday
0h 17m 16s
Average time until user 
makes first cashout

EASY TO GET STARTED AND
EARN TODAY

  • Sign up on Freecash
    There is over 10,000,000 website visitors every month and over 14000 five start ratings on Trustpilot. People from all over the world trust Freecash.
  • Choose an offer
    In order to start earning money for free, you need to go to the “Earn” page. On the earn page you will have plenty of tasks that you can complete. Choose your desired one.
  • Read task description and complete the task
    Now you can read the task description and go through every step one by one. When every required step is completed you will get credited your payment for this task.
  • Cashout the money
    When having enough coins you can go to "Cashout". Here you can choose from many methods to convert your coins to Cash, Gift cards, Bitcoin & more that you can use right away.
See how it works
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FREQUENTLY ASKED QUESTIONS
It is easily possible to earn more than $100 per month on Freecash, some users even reach $1000+ each month. You can check out the Leaderboard to see how much the most active Freecash users earn.
Freecash.com works together with companies that want to advertise their apps, surveys and products.

A task could be: Download an app and reach level 5 within 2 days to earn 4000 coins.

To get started choose an offer or survey. We can recommend the featured offers at the top of the Earn page. These tasks are very simple and many people have already successfully completed them in the past.

After you have completed a task you will get coins. 1000 coins equal $1.00. You can cashout the coins for PayPal, VISA cards, Bitcoin, CS:GO Skins, Amazon gift cards and multiple other types of gift cards.
Freecash.com has a live support that is always online. Our team is working 24/7 and you can contact us any time at the top of the chat. If you request a withdrawal, it will most likely get approved in less than 2 minutes.
Freecash has over 15,000 5 Star Trustpilot reviews and over 5.000.000 registered users from all over the world.

Users cash out over tens of thousands of dollars every single day.