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Last update 08.02.2022 14:30
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Why FYB SE is appealing for users in Sweden

How Swedish FYB SE works

Economic situation is unstable nowadays. State issued money can lose its value easily. In the situation when people are confused and do not know, which currency to choose, digital coins become a perfect solution for storage and investment of funds. But some people do not only keep savings but make these assets work for them investing money into cryptocurrency trading. They use cryptocurrency exchanges to trade alternative coins. Different platforms offer different assortment of currencies. As for Swedish exchange FYB SE, Bitcoin is its main digital currency. It is exchanged into Swedish Krona.

Perfect market for Swedish environment

FYB SE is a P2P cryptocurrency exchange founded in Sweden in 2013. It is easy to deposit to FYB SE account. The person should provide a phone number for that. The customers should deposit real money via Swish – a Swedish payment system created by biggest Swedish banks. The payments are transferred via mobile app. The phone number must be connected to the banking account. In this way, you need a phone and swish app to deposit funds.
As FYB SE uses Swedish infrastructure, mainly people from Sweden are served there. The specialists say that the biggest traffic goes from Sweden.
If you have questions about Fyb Se, Flashback forum can be helpful. This is one of the most popular resources of the country where different issues are discussed.  

How it works

At first the person needs to determine the amount he wants to purchase or sell. After that the system tries to complete the order, offering the price you mentioned. Cost of offering can be better if there are such offers in the system. The script of FYB SE exchange always tries to find the best rates for its clients. The trade is executed as soon as the task is completed.  

Security is of great concern for founders of the exchange therefore 256bit SSL encryption is used to protect the data. The accounts are protected with 2 factor authentication procedure.

FYB SE practices client-oriented approach. FYB SE does not charge for depositing crypto coins to the account of the exchange. It is necessary to confirm the deposit several times before you see the amount in your account. It is recommended to make screenshots in case some problem arises. It helps to resolve issues very quickly.
FYB SE supports only deposits in SEK currency.  But withdrawals are cheap and cost 0.0005BTC only. In case customers want to withdraw fiats, they can do it without any fee. It is possible to get money in Swedish Krona to the personal account in any bank.

As you see, the options are rather limited on FYB SE. The platform does not offer margin trading to its users. You can select Bifinex margin trading, which is highly appreciated by the traders.

If you want to trade a range of currencies, you can try GDAX exchange. Coinbase GDAX site enters the list of most reliable platforms that delivers crypto coins exchange services. You can also enjoy GDAX Coinbase convenient tools.

Be careful choosing different options. Read the reviews and study the terms carefully before depositing funds. Many users faced problems at cryptocurrency venue GOC io. There are a lot of sites on this kind online. The situation on the market resembles Wild West at present. You have to be vigilant not to lose and survive in the sphere of trading.


Why FYB SE is appealing for users in Sweden ❥ ❥ ❥ - average rating 5 from 5 (based on 226 user reviews)