Freeway Crypto Review

At the moment, Freeway Crypto is not accepting new customer accounts for their Superchargers. This is due to the high demand for their services, and they want to ensure they can provide the best quality service to their existing customers. They are hoping to open up new accounts soon, so keep checking their website for updates.

Cayman Islands-based IP holding company AuBit International oversees a network of international subsidiaries. Freeway Operations Inc., a Seychelles-based firm, operates the platform and supplies its underlying technology to the Freeway Lite and Freeway Lite US platforms. Additionally, agent organizations exist in both the United Kingdom and the United States.

However, they are not disclosing their whole business structure since it affords them legal protection to offer services like Freeway Lite (both internationally and domestically), Supercharger Staking, and AuBit Prime. We’ll talk more about this later on.

Trading with Ardu Prime, an EU-authorized broker, is a safe and secure experience (separate company). Together with AuBit International, they launched the regulated market platform AuBit Prime.

This article will review everything about this crypto platform in this Freeway.io review.

What is Freeway?

Privately owned crypto company, AuBit, is out to provide a cutting-edge digital asset management platform, Freeway, that is revolutionizing the social finance sector. AuBit Freeway is providing support to stocks, Gold, Bitcoin, and other cryptocurrencies.

Furthermore, AuBit enhances the overall volume of assets users are investing in by dispersing revenue. One of the benefits of the AuBit Freeway platform is that it allows users to make use of AuBit-ised Superchargers. The annual percentage yield (APY) offered by these is among the greatest available. As the value of an item rises (ideally), an investor will have more of that asset in their possession.

FWT, or Freeway Tokens, is the platform’s native utility token. AuBit Freeway is a revolutionary new asset management platform designed to maximize total returns on the world’s best investment products without increasing exposure to risk.

On November 3rd, 2020, FWT began trading for the first time. There is a total of ten billion million available. FWT is currently valued at $80,887,773.13 on the stock market. At the time of writing, one FWT is worth $0.00809, which places it at #283 on Coinmarketcap after a recent price increase of 36.70%.

Though it is now listed on several cryptocurrency exchanges, FWT cannot be bought with fiat currency in the same way as Bitcoin, Ethereum, and Litecoin can. However, in this tutorial article, we will show you how to buy FWT by purchasing USDT from any fiat-to-crypto exchangers and then transferring your USDT to an exchange that trades this coin.

Services

These are the following services attached to using this service. Some of these include:

Freeway supercharger

Deposits in USD and EUR are held in regulated brokerage accounts at AuBit’s Freeway Supercharger, a regulated platform (UK users will be glad to hear that GBP Superchargers are coming soon).

There’s little doubt that the enormous 43% APY on USD and EUR will grab your attention. That’s a good rate of return, no doubt. You may be wondering, “but how could it be?”

However, before we get further into that, let’s investigate the ecosystem as a whole a little further.

The Freeway Token (FWT) functions as a utility token with a wide range of uses on the AuBit Freeway asset management platform, and it is the native currency of the Freeway.io ecosystem.

The total number of Freeway coins that can ever be created is only in the low tens of billions, but there are already more than four billion of them in circulation. The official release date for this currency was April 2020, and as of this writing, one token costs $0.0014 (half off its all-time high of $0.03).

The FWT coin is available on many decentralized exchanges, including Uniswap and PancakeSwap.

As a bonus, traders can use one of these exchanges to enable token pairs and gain a comprehensive understanding of FWT liquidity pools.

Freeway crypto staking

When you buy or deposit FWT on Freeway, staking is simple. Your FWT will automatically unstake at the end of the staking term. To begin a new 30-day term and receive ongoing incentives, simply press the stake button once more.

You may restart your 30-day staking term during the 30 days. However, until the 30-day staking period is up, you cannot unstake or withdraw your FWT.

Your staked FWT rewards are automatically provided every day and deposited into the Supercharger of your choice, where they can be used to purchase additional prizes.

Rates

The annual percentage yield (APY) offered by AuBit Freeway is among the highest available. The interesting thing about Freeway is that the bare minimum investment is merely a dollar.

In keeping with its ‘access-for-all’ attitude, Freeway strives to ensure that its platform is available to anyone interested in generating a stable APY.

Since one of the goals of the platform is to “share platform earnings with the users and deliver significant returns,” the incentives they offer are consistent with this goal.

Although the protocol of AuBit makes it difficult to ascertain where the company’s money comes from, we do know that it partners with some of the world’s most prestigious trading firms.

Freeway has established a track record in recent years of delivering between 40 and 50 percent APY to its users. The fact that the majority of earnings are shared between the platform’s customers is the primary factor making this possible.

Wallet

Money transferred over the ‘freeway’ is protected and kept in brokerage accounts supervised by European Union organizations (keep in mind that EU regulatory institutions are much stricter than the ones in the US).

Freeway’s initial insurance partner was the DeFi firm Steady State, which specializes in protecting businesses against cyberattacks.

Since Freeway Supercharger products are merely dummy versions of the real thing, they are currently uncontrolled. As a result, Freeway doesn’t keep any customer money on hand.

To avoid this, we recommend using the AuBit Freeway brokerage, which is governed by European Union law. This also prevents Freeway from investing or speculating with the money or taking any risks with customer deposits.

The only thing that might be stolen from a Supercharger in the event of a hack would be the user’s information, as the machines themselves hold solely virtual simulation tokens.

Cryptocurrencies

These are the information concerning the FWT coin $FWT. All information concerning the Freeway token is discussed below. They are as follows:

Freeway token

Native to the AuBit Freeway platform, the Freeway Token (FWT), or FWT coin as it is frequently referred to, is a utility token with a wide variety of applications. The total supply of FWT tokens is restricted at 10 billion, with somewhat more than four billion currently in circulation.

According to CoinGecko, the Freeway Token (FWT Coin) may be purchased on some of the best decentralized exchanges (DEXs) in the cryptocurrency market. Token pairs and liquidity pools for the FWT coin are made available on the top two decentralized exchanges (DEXs) on Ethereum and Binance Smart Chain (BSC), respectively: Uniswap and PancakeSwap (v2). CoinMarketCap also facilitates FWT coin trading by providing access to 1inch Exchange, the most popular decentralized exchange (DEX) aggregator. Additionally, AscendEX and Bitglobal (Bitmax).

What is a Freeway token?

“Freeway Token” ($FWT) is the crypto exchange platform’s native utility token on the AuBit Freeway Platform.

In the long run, users that hold FWT will benefit more from the benefits they earn when they buy AuBit products. To put it simply, FWT is a stake-able token since it uses a proof-of-stake protocol developed to increase the derived benefits enjoyed by members in the AuBit ecosystem. There are a total of 10 billion Freeway tokens available, of which 4 billion are currently in use.

Freeway token price

At the time of writing, the FWT price per unit is worth $67.32M and is trading at $0.0067317 after a 24-hour gain of +2.46 on a volume of roughly $ 144,638.14.

There are now 5,45,54,59,241 Freeway Token (FWT) coins in circulation, for a total supply of 10,000,000,000 FWT.

Freeway token exchange

There are now four markets for Freeway Token on four different cryptocurrency exchanges. Currently, FWT/USDT is the most often traded pair of Freeway Tokens on AscendEX, with a daily volume of $112,939. Freeway tokens may be bought and sold using a wide variety of fiat currencies and stable coins like USDT.

Freeway token staking

When you buy or deposit FWT on Freeway, staking is simple. To start earning up to an estimated 30% yearly rewards in just 30 days, hit the stake button. Your FWT will automatically unstake at the end of the staking term. To begin a new 30-day term and receive ongoing incentives, simply press the stake button once more.

You may restart your 30-day staking term at any moment during the 30 days. However, until the 30-day staking period is up, you cannot unstake or withdraw your FWT.

Your staked FWT rewards are automatically provided every day and deposited into the Supercharger of your choice, where they can be used to purchase additional prizes. Another way to earn cryptocurrency is by crypto loan.

How to buy a Freeway token

Most cryptocurrency exchanges require you to have either Bitcoin or Ethereum in order to trade, so you’ll need one of those to buy Freeway Token (FWT). The good news is that Coinbase accepts both major credit cards and bank wires for purchases of cryptocurrency.

While there are numerous online services where you may buy Bitcoin and Ethereum, we’ll be referring to Coinbase throughout this guide because it’s the most beginner-friendly.

Starting Point: Creating a Coinbase Account

Coinbase has apps for both Apple’s iOS and Google’s Android, but we’ve found that the web interface provides the most streamlined experience for creating an exchange account.

Follow the steps and read the instructions as you go on with your registration on the website.

Next step: Coinbase is a good place to get started with buying Bitcoin and Ethereum.

At this point, you should be prepared to make your first investment in Bitcoin or Ethereum in order to purchase Freeway Token (FWT).

Coinbase, as we indicated at the outset of this primer, simplifies entry into the Bitcoin investment market. Going to your BUYS pages and clicking on the currency you want to buy is all that’s required.

You will have to make your own value judgments about which cryptocurrency to invest in because we are not financial advisors and the cryptocurrency market is quite unpredictable. What I can tell you is that Bitcoin is accepted by the vast majority of exchanges selling Freeway Token (FWT) investments (BTC).

You need to set a budget for your investment. There is a monetary value here. Keep in mind that you can invest in a fraction of a coin rather than buying the entire coin. This knowledge is useful for future cryptocurrency investments.

The following step is to decide where you will be getting your money from (i.e Credit Card). Use the BUY button.

Final stage: Use your BTC or ETH investment to purchase Freeway Token (FWT)

Now is the moment to put your Coinbase funds into buying Freeway Token (FWT).

Coinbase only supports purchases of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, so you’ll have to move your Bitcoin or Ethereum holdings to another exchange if you want to buy something other than those four cryptocurrencies. We realize you might think this is a difficult process, but please trust me when we say it isn’t.

As of this writing, BitMax is just one of several cryptocurrency exchanges where you may purchase Freeway Tokens (FWT).

When you’re ready to start trading Freeway Token (FWT), you’ll need to move your cryptocurrency holdings from Coinbase to one of the exchanges that support FWT trading. A digital wallet is used for this purpose.

Try not to stress out too much; this is actually quite easy.

You will need to obtain your Bitcoin or Ethereum wallet ID from the exchange before you can buy Freeway Token (FWT). Most marketplaces let you deposit Bitcoin or Ether by clicking a DEPOSIT button next to the cryptocurrency you’d like to trade. Your wallet ID should be displayed there, or a button to generate one should be provided when you select it. Your wallet’s unique ID is displayed here.

Fees

These are the fees attached to the transactions carried on this crypto trading platform

Private investors with limited resources, in particular, can lose money due to the growing number of fees and deductions made by funds management organizations.

So, AuBit is increasing the assets to generate a network effect by returning 80% of the charge to the holders of the same asset in the ecosystem via the Redistribution Rewards. You probably already know that network effects account for roughly 70% of the value of most large tech unicorns.

As a result, you and the new user who acquires your asset from the network will each receive a redistribution incentive as your asset value rises.

Mobile & App

As of May 2024, Freeway is an adaptable web-based system that works well with any browser like the Midas Investments and Haru Invest app.

Freeway’s native iOS and Android apps will be released alongside the final version of the software, provided they are accepted by the relevant app stores.

Is Freeway.io legit?

There were rumours that this platform was a “Ponzi” scheme, however, AuBit Freeway is legitimate and governed by EU standards. As a matter of fact, it’s one of the only regulated sites that offer prizes in both digital currency and fiat currency.

You can also refer to Lendingblock review and Gate.io review to compare their legitimacy. These apps are alternative applications to freeway.io.

Contact & Support

You can reach out to their customer support at https://support.freeway.io/support/home channel. Their customer service website channel has a lot of FAQs to get the users acquainted with the crypto exchange platform.

Conclusion

In this final portion of my Freeway assessment, we can suggest AuBit Freeway to others. The company has tried to be as transparent as possible and they’ve been for a while. In addition, they’re governed by EU law.

In addition, getting a Freeway account is not so difficult. Check out the website and register, then carry out your Know-Your-Customer steps. If you decide to use their services, you’ll need to fund an insured, government-issued bank account in your name. Then, you’ll be free to choose how you wish to generate profits.