How to Start FameEX Trading in 2024: A Step-By-Step Guide for Beginners

How to Open an Account on FameEX

How to Open a FameEX Account with Email or Phone Number

1. Go to the FameEX website and click on [Sign Up] or [Register].

2. Enter your [Email] or [Phone Number] and create your secure password. Tick the box, and then click on [Create Account].

Note:

• The 8-20 character password.
• Include at least 3 of the following: upper case, lower case, digit and symbol.

3. Click [Send] to receive a 6-digit verification code in your email or phone number. Enter the code and click [Confirm].

4. Congratulations, you have successfully registered an account on FameEX.

How to Open a FameEX Account with Google 

1. Go to the FameEX website and click on [Sign Up] or [Register].

2. Click on the [Google] button.
3. A sign-in window will be opened, where you will need to enter your email address and click on [Next].
4. Then enter the password for your Google account and click [Next].

5. Click on [Continue] to confirm signing in with your Google account.

6. Congratulations, you have successfully registered an account on FameEX via Google.

How to Open a FameEX Account with Apple ID

1. Go to the FameEX website and click on [Sign Up] or [Register].

2. Click on the [Apple] button and a pop-up window will appear, and you will be prompted to sign in to FameEX using your Apple ID.

3. Enter your Apple ID and password to sign in to FameEX.

4. After that, you have successfully registered an account on FameEX via Apple ID.

How to Open a FameEX Account on the FameEX App

1. You need to install the FameEX application from the Google Play Store or App Store to log in to the FameEX account for trading.

2. Open the FameEX app and tap [Sign Up/Log In].

3. Enter your [Email] or [Phone Number] and create your secure password. Tick the box, and then click on [Create Account].

Note:

• The 8-20 character password.
• Include at least 3 of the following: upper case, lower case, digit and symbol.

4. You will receive a 6-digit verification code in your email or phone number. Enter the code to continue and tap [Confirm].

5. Congratulations, you have successfully registered on FameEX App.

How to Complete Identity Verification on FameEX

What is KYC FameEX?

KYC stands for Know Your Customer, emphasizing a thorough understanding of customers, including the verification of their real names.

Why is KYC important?

1. KYC serves to fortify the security of your assets.
2. Different levels of KYC can unlock varying trading permissions and access to financial activities.
3. Completing KYC is essential to elevate the single transaction limit for both buying and withdrawing funds.
4. Fulfilling KYC requirements can amplify the benefits derived from futures bonuses.

 

How to Verify Account on FameEX (Web)

Primary KYC Verification on FameEX 

1. Go to the FameEX website, click on the profile icon, and select [Basic].

2. On the Identification section, click on [Primary].

3. Select [Local Verification], choose your [Country/Region] and your [Document Type], then click on [Verify Now].

4. Next, answer the question below before you start and click on [Continue].

5. Select your document type and your document issuing country.

Begin by taking a photo of your document. Following that, upload clear images of both the front and back of your ID into the designated boxes. Once both pictures are distinctly visible in the assigned boxes, click [Next] to proceed.


6. Next, take a selfie of you holding the document and click [Next].

7. After that, wait for the FameEX team to review, and you have completed your primary verification.

Advanced KYC Verification on FameEX 

1. Go to the FameEX website, click on the profile icon, and select [Basic].

2. On the Identification section, click on [Advanced].

3. Select [Local Verification], choose your [Country/Region] and your [Document Type], then click on [Verify Now].

4. Enter your address and upload your document, then click [Next].


5. After that, wait for the FameEX team to review, and you have completed your advanced verification.

How to Verify Account on FameEX (App)

Primary KYC Verification on FameEX 

1. Open your FameEX App, tap on the icon on the top left.

2. Select [Identification] and tap on [Verify].

3. Choose your [Issuing Country/Region] and your [Document Type], then tap on [Continue].

4. Begin by uploading a photo of your document. Following that, upload clear images of both the front and back of your ID into the designated boxes. Once both pictures are distinctly visible in the assigned boxes, click [Continue] to proceed.

5. Next, take a selfie of you holding the document to continue.

6. Lastly, tap on [Verify Now] to do your Facial Scanning to complete the primary verification.

7. After that, wait for the FameEX team to review, and you have completed your primary verification.

Advanced KYC Verification on FameEX 

1. Open your FameEX App, tap on the icon on the top left.

2. Select [Identification] and tap on [Upgrade].

3. Select Country/Region and Bill Type, and tap Upload Document to upload the corresponding documents. Lastly, tap [Submit].

4. After that, wait for the FameEX team to review, and you have completed your advanced verification.

How to Deposit on FameEX

How to Buy Crypto via Credit/Debit Card on FameEX

Buy Crypto via Credit/Debit Card on FameEX (Web)

1. Log in to your FameEX account and click on [Buy Crypto].

2. Select a fiat currency and enter the amount that you want to purchase. Then select the token that you want to buy, the system will automatically display your corresponding crypto amount. Next, choose the payment method. Here, we’re choosing BTC as an example.

3. Double-check your transaction information. If everything is correct, click [Buy BTC]. You will be redirected to the official payment webpage to continue with the purchase.

4. Please review the transaction details carefully, including the amount of fiat currency you’ve purchased and the corresponding digital assets received. Once confirmed, kindly proceed by clicking [Continue].

5. Please input your wallet address for receiving digital assets. After verifying that the address is accurate, click [Continue]. Kindly be reminded that blockchain transactions are irreversible.Therefore, ensure that the information provided is correct, and that you have access to and can utilize the assets in your wallet.

6. Select [Credit or Debit Card] as your payment method. After that, you will be redirected to the transaction details page.

7. Before proceeding with the payment, please thoroughly review the transaction details, including the transaction amount and applicable trading fee. Ensure to carefully read and tick the Terms and Conditions. After that, click [Go To Payment].

8. Please verify the transaction steps before proceeding with the payment. It’s important to thoroughly read and understand the transaction process. Once you’ve confirmed everything, kindly click [Continue] to proceed.

9. Fill in the relevant information of the debit card or credit card and enter the payment process. After that, click [Reserve...] to finish the payment

After the payment is successful, you can view the transaction details on the [Buy Order] page. Moreover, you can check the wallet address for the payment status.

Buy Crypto via Credit/Debit Card on FameEX (App)

1. Log in to your FameEX app and click on [Buy Crypto].

2. Select the token that you want to buy, then choose the fiat currency and enter the amount that you want to purchase. The system will automatically display your corresponding crypto amount. Next, select Credit or Debit Card as your payment method. Here, we’re choosing BTC as an example.

3. Double-check your transaction information. If everything is correct, click [Buy BTC]. You will be redirected to the official payment webpage to continue with the purchase.

4. Please review the transaction details carefully, including the amount of fiat currency you’ve purchased and the corresponding digital assets received. Once confirmed, kindly proceed by clicking [Continue].

5. Please input your wallet address for receiving digital assets. After verifying that the address is accurate, click [Continue]. Kindly be reminded that blockchain transactions are irreversible. Therefore, ensure that the information provided is correct and that you have access to and can utilize the assets in your wallet.

6. Select [Credit or Debit Card] as your payment method. After that, you will be redirected to the transaction details page.

7. Before proceeding with the payment, please thoroughly review the transaction details, including the transaction amount and applicable trading fee. Ensure to carefully read and tick the Terms and Conditions. After that, click [Go To Payment].

8. Please verify the transaction steps before proceeding with the payment. It’s important to thoroughly read and understand the transaction process. Once you’ve confirmed everything, kindly click [Continue] to proceed.

9. Fill in the relevant information of the debit card or credit card and enter the payment process. After that, click [Reserve...] to finish the payment

After the payment is successful, you can view the transaction details on the [Buy Order] page. Moreover, you can check the wallet address for the payment status.

How to Deposit Crypto on FameEX

Deposit Crypto on FameEX (Web)

1. Log in to your FameEX account and click on [Deposit].

2. Select the cryptocurrency that you want to deposit. Here, we’re using USDT as an example.

Select the Network that you want to deposit to then click [Next].

3. Click the copy address icon or scan the QR code to obtain the deposit address. Paste this address into the withdrawal address field on the withdrawal platform.

Follow the provided instructions on the withdrawal platform to initiate the withdrawal request.
4. Enter the withdrawal amount on the platform of your choice. After confirming all the details, click [Withdraw].

5. Depending on the policy of your selected platform, you may need to input your transaction password, mobile/email verification code, and Google authentication code to proceed. Please note that it takes time for the transaction to be confirmed by the blockchain. Your funds will be deposited as soon as the transaction is included in a block by a miner.

If you have any inquiries regarding the withdrawal process of your chosen platform, kindly contact their customer service for verification to prevent any unnecessary loss of assets.

Note: Prior to making a deposit, please ensure the accuracy of the currency, chain type, and address. Any inaccuracies may result in the deposit failing to arrive and becoming irretrievable.

Deposit Crypto on FameEX (App)

1. Open the FameEX app and tap on [Deposit].

2. Select the tokens that you want to deposit. You can use the search bar to look for the tokens you want.

Here, we are using USDT as an example.

3. Select the deposit network to continue.

4. Tap the Copy Address icon or scan the QR Code to obtain the deposit address. Paste this address into the withdrawal address field on the withdrawal platform.

Follow the provided instructions on the withdrawal platform to initiate the withdrawal request.

5. Enter the withdrawal amount on the platform of your choice. After confirming all the details, click [Withdraw].

6. Depending on the policy of your selected platform, you may need to input your transaction password, mobile/email verification code, and Google authentication code to proceed. Please note that it takes time for the transaction to be confirmed by the blockchain. Your funds will be deposited as soon as the transaction is included in a block by a miner.

If you have any inquiries regarding the withdrawal process of your chosen platform, kindly contact their customer service for verification to prevent any unnecessary loss of assets.

Note: Prior to making a deposit, please ensure the accuracy of the currency, chain type, and address. Any inaccuracies may result in the deposit failing to arrive and becoming irretrievable.

How to Trade Crypto at FameEX

How to Trade Spot on FameEX (Web)

Step 1: Login to your FameEX account and click on [Spot].

Step 2: You will now find yourself on the trading page interface.

• Limit Order: Set your own buying or selling price. The trade will only be executed when the market price reaches the set price. If the market price does not reach the set price, the limit order will continue to wait for execution.
• Market Order: This order type will automatically execute the trade at the current best price available in the market.
• Trailing Stop: This type of order provides users with more control over their trades and helps automate the process based on market conditions.
• TP/SL: TP/SL is an order type used to exit an existing position.

5. Buy / Sell Cryptocurrency:

This is where traders can place orders to buy or sell cryptocurrencies. It typically includes options for market orders (executed immediately at the current market price) and limit orders (executed at a specified price).

6. Market latest completed transaction:

This section shows a list of recent transactions that have been executed on the exchange, including details such as price, volume, and time.

7. Your Limit Order / Open Order / Order History:

These sections allow traders to manage their orders

8. Your available assets:

This section lists all the cryptocurrencies and fiat currencies available for trading on the platform.\


For example, we will make a [Limit order] trade to buy BTC.

1. Login to your FameEX account and click on [Spot].

2. Click [USDT] and select the BTC trading pair.
3. Go to the Buy/Sell Section. Select the type of order (we will use Limit Order as an example) in the "Limit Order" dropdown menu.

• Limit Order allows you to place an order to buy or sell crypto for a specific price;
• Market Order allows you to buy or sell crypto for the current real-time market price;
• Users can also utilize advanced features such as "TP/SL" or "Trailing Stop" to make orders. Input the BTC amount you want to buy, and the expenses of USDT will be displayed accordingly.

4. Enter the price in USDT that you want to buy BTC at and the amount of BTC you want to buy.

5. Click [Buy BTC] and wait for the trade to be processed.

6. Once the market price of BTC reaches the price you set, the Limit order will be completed.

Notice:

• You can sell cryptos in the same way by clicking the Sell Section.

Check your completed transaction by scrolling down and clicking [Order History].

How to Trade Spot on FameEX (App)

1. Open your FameEX app on the first page and tap on [Spot].

2. Here is the trading page interface.
1. Market and Trading pairs: 

Spot pairs are trading pairs where transactions are settled "on the spot," meaning they are executed immediately at the current market price.

2. Real-time market candlestick chart, supported trading pairs of the cryptocurrency, “Buy Crypto” section:

Candlestick charts visually represent the price movement of a financial instrument, such as a cryptocurrency, over a specific period of time. Each candlestick typically shows the open, high, low, and close prices for that time frame, allowing traders to analyze price trends and patterns.

3. Sell/Buy Order Book:

The order book is a real-time list of buy and sell orders for a particular trading pair. It displays the quantity and price of each order, allowing traders to gauge market sentiment and liquidity.

4. Buy/Sell Cryptocurrency:

This section provides traders with the interface to place market orders, where orders are executed immediately at the current market price, or limit orders, where traders specify the price at which they want their order to be executed.

5. Funds and Order information:

This section displays the trader’s recent trading activity, including executed trades and open orders that have not yet been filled or canceled. It typically shows details such as order type, quantity, price, and time of execution.


For example, we will make a [Limit order] trade to buy BTC.

1. Open your FameEX app, on the first page, tap on [Spot].

2. Click the [lines] menu button to show available trading pairs.

3. Click [USDT] and select the BTC/USDT trading pair.

4. Select the type of order (we will use Limit order as an example) in the "Limit Order" dropdown menu.

• Limit Order allows you to place an order to buy or sell crypto for a specific price;
• Market Order allows you to buy or sell crypto for the current real-time market price;
• Users can also utilize advanced features such as "Stop-Limit" or "Trailing Stop" to make orders. Input the BTC amount you want to buy, and the expenses of USDT will be displayed accordingly.

5. Enter the price in USDT that you want to buy BTC at and the amount of BTC you want to buy.

6. Click [Buy] and wait for the trade to be processed.

7. Once the market price of BTC reaches the price you set, the Limit order will be completed.

Notice:

• You can sell cryptos in the same way by clicking "SELL" on the "Spot" page.

Check your completed transaction by scroll down and tap on [Order History].

How to Withdraw from FameEX

How to Withdraw Crypto via On-chain from FameEX

Withdraw Crypto via On-chain on FameEX (Web)

1. Log in to your FameEX account and click on [Assets].
2. Click on [Withdraw] to continue.

3. Select the coin you want to withdraw.

Select [On-Chain] and enter your withdrawal address. Then choose the withdrawal network to continue.

4. Fill in the withdrawal details. Enter the withdrawal amount and optional transfer remarks.

After double-checking the information, click [Withdraw].

5. Check your Order Confirmation and click on [Withdraw].

6. Enter your email verification code by clicking on [Get Code] and filling up your Google Authenticator code, then click [Submit].

7. After that, you have successfully withdrawn crypto from FameEX.

You can check your recent transaction by click on [View History].

Withdraw Crypto via On-chain on FameEX (App)

1. Open your FameEX app, tap on [Assets], and select [Withdraw].


2. Select [On-Chain] to continue.

3. Select the token that you want to withdraw to continue. Here, we’re using USDT as an example.

4. Select the Withdrawal Address and enter the Withdrawal Network.

Next, fill in the withdrawal details. Enter the withdrawal amount and optional transfer remarks. After double-checking the information, tap [Withdraw].

5. Check your Order Confirmation and click on [Confirm].

6. Enter your email verification code by clicking on [Send] and filling up your Google Authenticator code, then click [Confirm].

7. After that, you have successfully withdrawn crypto from FameEX

How to Withdraw Crypto via Internal Transfer from FameEX

The Internal Transfer feature allows FameEX users to transfer crypto between FameEX users via the email number/mobile phone number/UID of the FameEX accounts.

Withdraw Crypto via Internal Transfer on FameEX (Web)

1. Log in to your FameEX account and click on [Assets].
2. Click on [Withdraw] to continue.

3. Select the coin you want to withdraw.

Then select [Internal Transfer], then choose and enter the email address/mobile phone number/UID of the recipient’s FameEX account to continue.

4. Fill in the withdrawal details. Enter the withdrawal amount and optional transfer remarks. After double-checking the information, click [Withdraw].

5. Check your Order Confirmation and click on [Withdraw].

6. Enter your email verification code by clicking on [Get Code] and filling up your Google Authenticator code, then click [Submit].

7. After that, you have successfully withdrawn crypto from FameEX.

You can check your recent transaction by click on [View History].

Withdraw Crypto via Internal Transfer on FameEX (App)

1. Open your FameEX app, tap on [Assets], and select [Withdraw].


2. Select [Internal Transfer (No Fee)] to continue.

3. Select the token that you want to withdraw to continue. Here, we’re using USDT as an example.

4. Select and Enter the email address/mobile phone number/UID of the recipient’s FameEX account.

Fill in the withdrawal amount and optional transfer remarks. After double-checking the information, click [Internal Transfer].

5. Check your Order Confirmation and click on [Confirm].

6. Enter your email verification code by clicking on [Send] and filling up your Google Authenticator code, then click [Confirm].

7. After that, you have successfully withdrawn crypto from FameEX.

Frequently Asked Question (FAQ)

Account

Why Can’t I Receive Emails from FameEX?

If you are not receiving emails sent from FameEX, please follow the instructions below to check your email’s settings:

1. Are you logged in to the email address registered to your FameEX account? Sometimes you might be logged out of your email on your device and hence can’t see FameEX emails. Please log in and refresh.

2. Have you checked the spam folder of your email? If you find that your email service provider is pushing FameEX emails into your spam folder, you can mark them as “safe” by whitelisting FameEX email addresses. You can refer to How to Whitelist FameEX Emails to set it up.

3. Is the functionality of your email client or service provider normal? To be sure that your firewall or antivirus program isn’t causing a security conflict, you can verify the email server settings.

4. Is your inbox packed with emails? You won’t be able to send or receive emails if you have reached the limit. To make room for new emails, you can remove some of the older ones.

5. Register using common email addresses like Gmail, Outlook, etc., if at all possible.

 

How come I can’t get SMS verification codes?

FameEX is always working to improve the user experience by expanding our SMS Authentication coverage. Nonetheless, certain nations and regions aren’t currently supported.

Please check our global SMS coverage list to see if your location is covered if you are unable to enable SMS authentication. Please use Google Authentication as your primary two-factor authentication if your location is not included on the list.

The following actions should be taken if you are still unable to receive SMS codes even after you have activated SMS authentication or if you are currently living in a nation or region covered by our global SMS coverage list:

• Make sure there is a strong network signal on your mobile device.
• Disable any call blocking, firewall, anti-virus, and/or caller programs on your phone that might be preventing our SMS Code number from working.
• Turn your phone back on.

How to Change My Email Account on FameEX?

1. Go to the FameEX website, click on the profile icon, and select [Security].

2. On the email section, click on [Change].

3. Enter your email verification code by clicking on [Send]. Then click [Next] to continue.

4. Enter your Google Authenticator code and click [Next].

5. Enter your new email and your new email verification code and click [Next]. After that, you have successfully changed your email.

Note:

• After changing your email address, you will need to log in again.
• For your account security, withdrawals will be temporarily suspended for 24 hours after changing your email address

Verification

Unable to upload photo during KYC Verification

If you encounter difficulties uploading photos or receive an error message during your KYC process, please consider the following verification points:

1. Ensure the image format is either JPG, JPEG, or PNG.
2. Confirm that the image size is below 5 MB.
3. Use a valid and original ID, such as a personal ID, driver’s license, or passport.
4. Your valid ID must belong to a citizen of a country that allows unrestricted trading, as outlined in "II. Know-Your-Customer and Anti-Money-Laundering Policy" - "Trade Supervision" in the FameEX User Agreement.
5. If your submission meets all the above criteria, but KYC verification remains incomplete, it might be due to a temporary network issue. Please follow these steps for resolution:

• Wait for some time before resubmitting the application.
• Clear the cache in your browser and terminal.
• Submit the application through the website or app.
• Try using different browsers for the submission.
• Ensure your app is updated to the latest version.

If the issue persists after troubleshooting, kindly take a screenshot of the KYC interface error message and send it to our Customer Service for verification. We will address the matter promptly and enhance the relevant interface to provide you with improved service. We appreciate your cooperation and support.

Why can’t I receive the email verification code？

Please check and try again as follows:

• Check the blocked mail spam and trash;
• Add the FameEX notification email address ([email protected]) to the email whitelist so that you can receive the email verification code;
• Wait for 15 minutes and try.

Common Errors During the KYC Process

• Taking unclear, blurry, or incomplete photos may result in unsuccessful KYC verification. When performing face recognition, please remove your hat (if applicable) and face the camera directly.
• KYC process is connected to a third-party public security database, and the system conducts automatic verification, which cannot be manually overridden. If you have special circumstances, such as changes in residency or identity documents, that prevent authentication, please contact online customer service for advice.
• If camera permissions are not granted for the app, you will be unable to take photos of your identity document or perform facial recognition.

Deposit

What is a tag or meme, and why do I need to enter it when depositing crypto?

A tag or memo is a unique identifier assigned to each account for identifying a deposit and crediting the appropriate account. When depositing certain crypto, such as BNB, XEM, XLM, XRP, KAVA, ATOM, BAND, EOS, etc., you need to enter the respective tag or memo for it to be successfully credited.

Reasons for Unarrived Deposits

1. Multiple factors can affect the arrival of funds, including but not limited to smart contract deposit, abnormal transaction status on blockchain, blockchain congestion, failure to transfer out normally by the withdrawal platform, wrong or missing memo/tag, deposit address or the choice of the wrong chain type, suspension of deposit on target address platform, etc.

2. When a withdrawal is marked as “completed” or “success” on the platform from which you’re withdrawing your crypto, it means that the transaction has been successfully broadcast to the blockchain network. However, the transaction may still require time to be fully confirmed and credited to the recipient platform. Please note that the required network confirmations vary with different blockchains. Take BTC deposits as an example:

• Your BTC deposit will be credited to your account after at least 1 network confirmation.

• After being credited, all assets in your account will be temporarily frozen. For security purposes, a minimum of 2 network confirmations are required before your BTC deposit can be unlocked on FameEX.

3. Due to possible network congestion, there might be a significant delay in processing your transaction. You may use the TXID (Transaction ID) to look up the status of the transfer of your assets from a blockchain explorer.


How to Solve This Situation?

If your deposits have not been credited to your account, you can follow these steps to resolve the issue:

1. If the transaction hasn’t been fully confirmed by the blockchain network nodes, or hasn’t reached the minimum amount of network confirmations specified by FameEX, please wait patiently for it to be processed. Once the transaction is confirmed, FameEX will credit the funds to your account.

2. If the transaction is confirmed by the blockchain but not credited to your FameEX account, you can contact FameEX support and provide them with the following information:

• UID
• Email number
• Currency name and chain type (for example: USDT-TRC20)
• Deposit amount and TXID (hash value)
• Our customer service will collect your information and transfer it to the relevant department for further processing.

3. If there is any update or resolution regarding your deposit issue, FameEX will notify you by email as soon as possible.

What Can I Do When I Deposit to A Wrong Address

1. Deposit made to an incorrect receiving/deposit address

FameEX generally does not offer a token/coin recovery service. However, if you have suffered a significant loss as a result of incorrectly deposited tokens/coins, FameEX may, solely at our discretion, assist you in recovering your tokens/coins. FameEX has comprehensive procedures to help our users recover their financial losses. Please note that fully token recovery is not guaranteed. If you have encountered this sort of situation, please remember to provide the following information to us for further assistance:

• Your UID on FameEX
• Token name
• Deposit amount
• The corresponding TxID
• Wrong deposit address
• Detailed problem description

2. Deposit made to an incorrect address that doesn’t belong to FameEX

If you have sent your tokens to an incorrect address that is not associated with FameEX, we regret to inform you that we are unable to provide any further assistance. You can try to contact the relevant parties for assistance (owner of the address or exchange/platform that the address belongs to).

Note: Please double-check the deposit token, address, amount, MEMO, etc. before making any deposits to prevent any potential loss of assets.

Trading

Different Order Types in Spot Trading

1. Limit Order

A limit order refers to a user-defined order in which they specify the quantity and maximum bid or minimum ask price. The order will only be executed when the market price falls within the designated price range:

• The buy limit price must not exceed 110% of the last price.
• The sell limit price must not be 90% less than the last price.

2. Market Order

A market order refers to a user executing buy or sell orders instantly at the prevailing best market price in the current market, aiming for a swift and fast transaction.

3. Stop-Limit Order

Stop-Limit orders involve the user pre-setting the trigger price, order price, and quantity of orders. When the market price reaches the trigger price, the system will automatically execute orders based on the pre-determined order price and quantity, assisting the user in preserving profits or minimizing losses.

• The buy stop-limit price must not exceed 110% of the trigger price.
• The sell stop-limit price must not be less than 90% of the trigger price.

4. Trailing Stop Order

In the case of a significant market callback, a Trailing Stop Order will be activated and sent to the market at the current market price once the last filled price hits the specified trigger price and the required callback ratio is satisfied.

To put it simply, when executing a buy order, the last filled price must be less than or equal to the trigger price, and the callback range must be higher than or equal to the callback ratio. In this case, the buy order will be made at the market price. For a sell order, the last filled price must be higher than or equal to the trigger price, and the callback range must be higher than or equal to the callback ratio. The sell order will then be executed at the market price.

To prevent users from inadvertently placing orders that could result in avoidable losses, FameEX has implemented the following restrictions on Trailing Stop order placement:

1. For a buy order, the trigger price cannot be higher than or equal to the last filled price.
2. For a sell order, the trigger price cannot be less than or equal to the last filled price.
3. The callback ratio limitation: it can be set within a range of 0.01% to 10%.

What Is the Difference Between Spot Trading and Traditional Fiat Trading?

In traditional fiat trading, digital assets are exchanged for fiat currencies like the RMB (CNY). For example, if you buy Bitcoin with RMB and its value increases, you can exchange it back for more RMB, and vice versa. For instance, if 1 BTC equals 30,000 RMB, you could purchase 1 BTC and sell it later when its value rises to 40,000 RMB, thus converting 1 BTC into 40,000 RMB.

However, in FameEX spot trading, BTC serves as the base currency instead of fiat currency. For instance, if 1 ETH is equivalent to 0.1 BTC, you can buy 1 ETH with 0.1 BTC. Then, if the value of ETH increases to 0.2 BTC, you can sell 1 ETH for 0.2 BTC, effectively exchanging 1 ETH for 0.2 BTC.
 

How to View my Spot Trading Activity

You can view your spot trading activities from the Orders and Positions panel at the bottom of the trading interface. Simply switch between the tabs to check your open order status and previously executed orders.

1. Open Orders

Under the [Open Orders] tab, you can view the details of your open orders.

2. Order History

Order history displays a record of your filled and unfilled orders over a certain period.

3. Asset

Here, you can check the asset value of the coin that you are holding.

Withdrawal

Why hasn’t my withdrawal arrived?

Transferring funds involves the following steps:

• Withdrawal transaction initiated by FameEX.
• Confirmation of the blockchain network.
• Depositing on the corresponding platform.

Normally, a TxID (transaction ID) will be generated within 30–60 minutes, indicating that our platform has successfully completed the withdrawal operation and that the transactions are pending on the blockchain.

However, it might still take some time for a particular transaction to be confirmed by the blockchain and, later, by the corresponding platform.

Due to possible network congestion, there might be a significant delay in processing your transaction. You may use the transaction ID (TxID) to look up the status of the transfer with a blockchain explorer.

• If the blockchain explorer shows that the transaction is unconfirmed, please wait for the process to be completed.
• If the blockchain explorer shows that the transaction is already confirmed, it means that your funds have been sent out successfully from FameEX, and we are unable to provide any further assistance on this matter. You will need to contact the owner or support team of the target address and seek further assistance.

Important Guidelines for Cryptocurrency Withdrawals on FameEX Platform

1. For crypto that support multiple chains such as USDT, please make sure to choose the corresponding network when making withdrawal requests.
2. If the withdrawal crypto requires a MEMO, please make sure to copy the correct MEMO from the receiving platform and enter it accurately. Otherwise, the assets may be lost after the withdrawal.
3. After entering the address, if the page indicates that the address is invalid, please check the address or contact our online customer service for further assistance.
4. Withdrawal fees vary for each crypto and can be viewed after selecting the crypto on the withdrawal page.
5. You can see the minimum withdrawal amount and withdrawal fees for the corresponding crypto on the withdrawal page.

How do I check the transaction status on the blockchain?

1. Log in to your FameEX account and click on [Assets] and click on the History icon.


2. Here, you can view your transaction status.