Question 1

Announcement: Fokawa P2P is Now Live!

Accepted Answer

We are thrilled to announce that Fokawa P2P is officially live! Now you can trade your favorite cryptocurrencies with 0 fees. Enjoy the freedom to trade directly with other users using over 100+ payment methods, including bank transfers, digital wallets, and more.

Key Features of Fokawa P2P:

Zero Trading Fees: Maximize your profits with no fees on trades.
100+ Payment Methods: Flexibility to choose from a wide range of payment options.
Secure and Reliable: Trade with confidence on a trusted platform.

Join the Fokawa community today and start trading peer-to-peer with ease. Experience the future of crypto trading with Fokawa P2P!

Happy Trading!

The Fokawa Team

Question 2

What are the withdrawal fees on Fokawa?

Accepted Answer

The withdrawal fees on Fokawa vary depending on the specific cryptocurrency you are withdrawing. Here are some examples:

BTC (Bitcoin): 0.00005 BTC
ETH (Ethereum): 0.0005 ETH
USDT (Tether): 5 USDT (on ERC-20), 0.5 USDT (on TRC-20)

These fees are subject to change and may be adjusted based on network conditions and other factors.

Question 3

How to Buy Crypto on Fokawa Exchange Using GCash, PayMaya, and Philippine Banks

Accepted Answer

Buying crypto on Fokawa Exchange is easy with GCash, PayMaya, and Philippine banks. Here's how:

Using P2P (Peer-to-Peer) Feature (Recommended) The P2P feature allows you to buy crypto directly from other users, offering flexibility and potentially quicker transactions.

Steps:

Log in to your Fokawa account.
Go to the P2P trading page.
Filter offers by payment method (GCash, PayMaya, or bank transfer).
Select an offer and initiate the trade.
Make the payment via GCash, PayMaya, or bank transfer.
Confirm the transaction to receive your crypto.

Using Third-Party Providers Fokawa partners with MoonPay, Transak, and Alchemy for seamless purchases.

Steps:

Log in to your Fokawa account.
Go to the 'Buy Crypto' section.
Select GCash, PayMaya, or your bank.
Choose a third-party provider (MoonPay, Transak, Alchemy).
Enter the amount and complete the transaction.
Submit KYC information if required by the provider.
Buying crypto on Fokawa is simple with local payment methods. The P2P feature is recommended for its flexibility, while third-party providers offer a convenient alternative. Third-party services may require KYC verification for secure transactions.

Question 4

Fokawa.com Whitepaper

Accepted Answer

1. Introduction

Fokawa.com is a next-generation cryptocurrency exchange designed to offer a secure, efficient, and user-friendly platform for trading digital assets. Our platform aims to empower traders of all levels by providing advanced tools and resources, robust security measures, and an intuitive user interface. Fokawa.com seeks to bridge the gap between traditional financial systems and the burgeoning world of digital currencies, fostering innovation and adoption in the cryptocurrency space.

2. Market Overview

The cryptocurrency market has witnessed unprecedented growth, with the global market capitalization surpassing $1 trillion. Despite this growth, the industry faces significant challenges, including security vulnerabilities, high transaction fees, and steep learning curves for new users. Fokawa.com addresses these issues by prioritizing security, reducing costs, and offering an intuitive platform designed for both novice and experienced traders.

3. Mission and Vision

Mission: To provide a secure, user-friendly, and innovative trading platform that meets the needs of both novice an

Question 5

How to Find My Transaction ID (TxID)

Accepted Answer

The Transaction ID (TxID) is essential for tracking your transactions. Here’s how to find it on Fokawa:

Log In to Your Account:Access your Fokawa account.
Access your Fokawa account.
Go to Transaction History:Navigate to 'Wallet' > 'Transaction History'.
Navigate to 'Wallet' > 'Transaction History'.
Locate the Transaction:Find the specific deposit or withdrawal transaction.
Find the specific deposit or withdrawal transaction.
View Details:Click on the transaction to view the details, including the TxID.
Click on the transaction to view the details, including the TxID.
Copy TxID:Copy the TxID for use in tracking or support queries.
Copy the TxID for use in tracking or support queries.

Question 6

What documents are required for KYC verification?

Accepted Answer

To complete the KYC (Know Your Customer) verification on Fokawa, you will need to submit the following documents:

Government-Issued ID: This can be a passport, driver's license, or national ID card. Ensure that the document is clear and shows your full name, photo, date of birth, and expiry date.
Proof of Address: A utility bill, bank statement, or any official document that includes your name and address, issued within the last three months.
Selfie with ID: A photograph of yourself holding the government-issued ID next to your face to confirm that you are the person in the document.

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