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Freedx

El Salvador-licensed compliant crypto trading platform

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About Freedx

Freedx is a centralized exchange founded in 2023 and registered in El Salvador, whose operating entity holds a Bitcoin services licence from the country's central bank (BCR) and a digital asset service provider licence from the National Commission of Digital Assets (CNAD). It lists more than 180 spot assets and over 90 futures pairs along with leveraged futures, margin, P2P and express buy rails at 0.1% spot fees, plus an AutoTrader strategy tool and earn products, with custody, fiat rails, on-chain tracing and identity verification handled by Fireblocks, Alchemy Pay, Elliptic and Sumsub respectively.

It is positioned as an all-in-one custodial trading environment for retail and institutional users, with iOS and Android apps and API access. Fiat on- and off-ramps connect to multiple payment channels, earn products and VIP tiers target longer-term retention, and AutoTrader packages strategy trading into a standardized entry point, letting users without coding skills apply ready-made strategy templates, while institutional clients access quotes and fills through the API.

Updated: Oct 30, 2026

On January 7, 2026, Freedx announced The Freedx Quiz Show, a live crypto quiz programme that premiered on Twitch on January 9, with up to $15,000 in prizes per season and an additional $5,000 in viewer rewards during each broadcast.

Freedx reports more than 70,000 users and a team of about 80.

Freedx will keep licensing and compliance as its differentiator, expand retail reach in Latin America and globally, and use live content and community programming to lower customer acquisition costs.

Updated: Oct 30, 2026

Jonathan Farnell — Chief Executive Officer; former Group CEO of EQONEX Group, based in Dubai.

Raks Sondhi — Chief Operating Officer; former COO of Upbit Singapore, graduated from King's College London.

Karim Emam — Chief Strategy Officer; leads exchange strategy and business development.

Roland Danielczyk — Chief Risk & Compliance Officer; oversees risk control and compliance.

Anton Golub — Chief Business Officer; founded Swiss market maker flovtec and served as CEO, co-founded Lykke and was Chief Science Officer.

David Vardanyan — Co-Founder; former Head of Payment Solutions at Exinity.

Updated: Oct 30, 2026

Freedx charges base spot trading fees of 0.15% for makers and 0.20% for takers.

Freedx charges base perpetual futures fees of 0.02% for makers and 0.07% for takers.

Freedx operates a 20-tier VIP ladder in which reaching VIP 4 with $500,000 in 30-day spot volume lowers the spot taker fee to 0.10%, with fees stepping down further up to VIP 20.

Updated: Oct 30, 2026

In October 2024, Freedx obtained a Bitcoin Service Provider license from El Salvador's Central Reserve Bank (BCR). On March 11, 2025, it received a Digital Asset Service Provider (DASP) license (No. PSAD-0043) from the National Digital Assets Commission (CNAD).

Updated: Oct 30, 2026