No Regulation

Score

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/10

WIN MAXIMUM

China

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://winmaxfx.co/en/home-2/

Website

Rating Index
Contact
WIN MAXIMUM
info@winmaxfx.co
https://winmaxfx.co/en/home-2/
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-09-19

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

Website

Genealogy

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Trade Type

Keywords

Time Machine

White Paper

Related Software

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New Arrival

Company Name
WIN MAXIMUM
Regulatory Status
No Regulation
Abbreviation
WIN MAXIMUM
Platform registered country and region
China
Phone of the company
--

User Reviews

More

3 ratings

Participate in evaluation
sunsun4334
During crucial trading hours, the balance vanished, merely a Bitcoin crash, resulting in significant profit losses. Customer service showed no concern, as long as they could collect transaction fees. There was no compensation, nor did they provide post-event services for their clients. I will sell my stocks and transfer to another exchange.
2024-03-14 18:29
4
Mashy
Their charges are misleading and confusing. They never disclose the fees until you deposit money and find out that the charges are much higher than expected. Now you're stuck because withdrawals, transfers, transactions, or any action require payment. Once they lure you into depositing money, that's it. Without paying these fees, you can't withdraw your money. I lost over 50 dollars because I thought the fees would be less than they actually were. So many hidden charges.
2024-03-13 16:02
7
F-P
This platform is deceptive; they lock price alerts in emails, potentially causing traders to suffer losses. They resort to various means to deceive traders and investors.
2024-03-18 12:25
4
Exchange Name WIN MAXIMUM
Registered Country/Area China
Founded Year 2-5 years
Regulatory Authority Unregulated
Number of Cryptocurrencies Available Over 200
Fees From 0.04%
Customer Support Customer service email: info@winmaxfx.co and Ticket

Overview of WIN MAXIMUM

WIN MAXIMUM is a cryptocurrency exchange based in China, established within the past 2-5 years. Operating in an unregulated environment, the platform provides traders with opportunities to engage in cryptocurrency trading without oversight from any official regulatory authority. WIN MAXIMUM offers customer support through email and a ticket system, ensuring users have channels to address their inquiries and concerns.

Pros and Cons

Pros Cons
Real-Time News Service Unregulated
User-Friendly Interface Limited Customer Support Channels
A Range of Cryptocurrencies Limited Track Record

Pros:

Real-Time News Service: WIN MAXIMUM offers a real-time news service, providing users with valuable market insights and updates directly within the platform.

User-Friendly Interface: The platform features a user-friendly interface, making it accessible and easy to navigate for both novice and experienced traders.

A Range of Cryptocurrencies: WIN MAXIMUM supports a wide variety of cryptocurrencies, allowing users to trade and diversify their portfolios according to their preferences.

Cons:

Unregulated: Operating in an unregulated environment may pose risks to users, such as a lack of investor protection measures and potential vulnerability to fraudulent activities.

Limited Customer Support Channels: While WIN MAXIMUM provides customer support through email and a ticket system, the absence of live chat or phone support may result in slower response times for urgent inquiries.

Limited Track Record: Being founded within the past 2-5 years, WIN MAXIMUM may have a limited track record compared to more established exchanges, which could impact users' confidence in the platform's reliability and long-term sustainability.

Security

Win Maximum has implemented a robust set of security measures to ensure the safety and integrity of its operations, particularly in the realm of cryptocurrency. These measures include:

Hold a US MSB License (Registration number: 31000210997670): This license signifies compliance with regulations governing Money Services Businesses (MSBs) in the United States, ensuring adherence to strict regulatory standards and oversight.

Cryptocurrency Security Expert CYBAVO Custody Cooperation: Partnering with CYBAVO Custody, a renowned expert in cryptocurrency security, provides Win Maximum with advanced custody solutions and expertise in safeguarding digital assets.

Information Security Management Certification: ISO27001: ISO27001 certification demonstrates Win Maximum's commitment to establishing and maintaining a comprehensive information security management system (ISMS). This includes implementing robust security controls and protocols to protect sensitive information and assets.

Algorithm Certification: American Bureau of Standards NIST: Certification from the American Bureau of Standards NIST indicates that Win Maximum's cryptographic algorithms meet the standards set by the National Institute of Standards and Technology (NIST), ensuring the reliability and integrity of cryptographic operations.

Code Review: NCC Group: NCC Group, a trusted cybersecurity and risk mitigation firm, conducts thorough code reviews to identify and address any potential vulnerabilities or weaknesses in Win Maximum's software and systems, enhancing overall security posture.

Regulatory Authority

Despite WIN MAXIMUM claim that they have certain certificates as stated above to protect traders' financial security, in accordance with our website they operate as an unregulated exchange.

Without regulatory oversight, there is a higher risk of financial loss due to fraudulent activities, insolvency, or other risks inherent in the financial industry.

Cryptocurrencies Available

WIN MAXIMUM stands out as a leading cryptocurrency exchange platform, offering support for over 200 cryptocurrencies, ensuring a comprehensive trading experience for its users.

Among the prominent cryptocurrencies supported are Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), Binance Coin (BNB), Ripple (XRP), Cardano (ADA), and Solana (SOL), empowering them to access a wide array of digital assets for trading, investment, and portfolio diversification.

Trading Market

At WIN MAXIMUM, a range of currencies and currency pairs are available for trading. These include:

Currencies:

Bitcoin

First Digital USD

Ethereum

USDC

Solana

BNB

XRP

Currency pairs:

BTC/FDUSD

BTC/USDT

FDUSD/USDT

ETH/USDT

ETH/FDUSD

USDC/USDT

SOL/USDT

BNB/FDUSD

BNB/USDT

XRP/USDT

Currency Trading Pair Price +2% Depth -2% Depth Trading Volume Trading Volume (%)
Bitcoin BTC/FDUSD ¥519,795.15 ¥60,884,408.94 ¥55,217,998.69 ¥70,920,911,502 20.71%
Bitcoin BTC/USDT ¥519,676.66 ¥185,842,861.34 ¥78,343,307.71 ¥34,619,250,151 10.11%
First Digital USD FDUSD/USDT ¥7.18 ¥451,022,453.01 ¥218,086,732.60 ¥29,246,913,398 8.54%
Ethereum ETH/USDT ¥29,033.95 ¥250,845,910.92 ¥91,826,116.57 ¥17,437,254,032 5.09%
Ethereum ETH/FDUSD ¥29,050.66 ¥31,804,690.88 ¥16,797,642.82 ¥17,183,127,962 5.02%
USDC USDC/USDT ¥7.19 ¥65,012,472.78 ¥109,070,754.90 ¥9,196,911,079 2.69%
Solana SOL/USDT ¥1,093.28 ¥60,730,998.19 ¥37,079,520.38 ¥8,328,636,066 2.43%
BNB BNB/FDUSD ¥3,894.71 ¥9,886,443.99 ¥19,857,029.03 ¥7,422,179,032 2.17%
BNB BNB/USDT ¥3,893.63 ¥49,485,402.09 ¥25,461,217.21 ¥6,493,172,048 1.90%
XRP XRP/USDT ¥5.00 ¥22,244,692.55 ¥16,684,199.48 ¥4,978,744,057 1.45%

Fees

WIN MAXIMUM implements a transparent and competitive fee structure tailored to various transaction types:

Spot Trade (< 1000 USDT): A fee of 0.20% is applied to spot trades below 1000 USDT.

Spot Trade (>= 1000 USDT): For spot trades of 1000 USDT or more, the fee is reduced to 0.15%.

Open/Close Contract Position: Opening or closing contract positions incur a fee of 0.04%.

Leverage (≤ 5x): Leveraging up to 5x carries a fee of 0.02%.

Leverage (> 5x): Leveraging over 5x results in a slightly higher fee of 0.03%.

Deposit: Deposits are free of charge, encouraging funding of accounts.

Transaction Fee
Spot Trade (< 1000 USDT) 0.20%
Spot Trade (>= 1000 USDT) 0.15%
Open/Close Contract Position 0.04%
Leverage (≤ 5x) 0.02%
Leverage (> 5x) 0.03%
Deposit Free

Services

WIN MAXIMUM offers a News service to keep users informed and updated. This feature provides real-time news alerts and market analysis directly within the platform. Whether users are experienced traders or new to the market, access to timely news can be valuable for making informed decisions. With WIN MAXIMUM's News service, users can stay informed about the latest developments in the cryptocurrency market, helping them seize opportunities and navigate market trends effectively.

Is WIN MAXIMUM a Good Exchange for You?

WIN MAXIMUM is the best exchange for traders seeking timely market updates. Its comprehensive News service, offering real-time alerts and market analysis directly within the platform, applys to traders who prioritize staying informed about the latest developments in the cryptocurrency market to make informed decisions and optimize trading strategies.

WIN MAXIMUM is also suitable for:

Day Traders: Utilizing the real-time news alerts and market analysis provided by WIN MAXIMUM, day traders can stay updated on market movements and make timely trading decisions.

Long-Term Investors: Even for investors with a long-term perspective, staying informed about market developments is crucial. WIN MAXIMUM's News service ensures that long-term investors can make well-informed decisions about their investment portfolios.

Arbitrage Traders: For traders looking to capitalize on price discrepancies between different exchanges, having access to real-time news updates can provide valuable insights. WIN MAXIMUM's News service enables arbitrage traders to stay ahead of market trends and identify profitable opportunities.

Technical Analysts: Traders who rely on technical analysis can benefit from the market insights provided by WIN MAXIMUM's News service. By combining technical indicators with real-time news updates, technical analysts can make more accurate predictions about market movements.

Risk-Averse Traders: Traders who prioritize risk management can use WIN MAXIMUM's News service to stay informed about potential market risks and opportunities. By staying updated on market developments, risk-averse traders can make more informed decisions and mitigate potential losses.

International Traders: WIN MAXIMUM's News service provides market updates and analysis that are relevant to traders around the world. This makes it suitable for international traders who want to stay informed about global market trends and events affecting the cryptocurrency market.

FAQs

Q: I applied for real-name authentication, how long will it take to complete the review?

A: The review of real-name authentication is processed according to the time of membership application. Currently, it takes about 1 to 3 working days to complete the review. If the application is returned for review due to incorrect documents, it will be regarded as a new application, and it will take about 1 to 3 working days.

Q: Which currencies are accepted for capital investment?

A: Currently, only USDT funds are accepted.

Q: What channels of capital investment are provided?

A: Currently only TRC20 is provided as a channel for capital investment.

Q: What is the minimum amount of capital investment?

A: At present, the minimum application for a single investment of funds is 100 USDT. Please remember to reserve the transaction fee for using TRC20 to avoid investing less than 100 USDT when applying.

Q: I have applied for a withdrawal of funds. How long will it take for it to be credited?

A: The application for withdrawal of funds is processed according to the time of membership application. Currently, it takes 1~2 working days to complete the account.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.