Riecoin Forum

Discuss about the FreiExchange cryptocurrency exchange platform.

RIC/BTC: https://freiexchange.com/market/RIC/BTC

Trading Fees: None
Withdrawal Fees: 0.5% (RIC)/0.5% + 0.0003 (BTC)
RIC Deposit Confirmations: 3

FreiExchange told me that they were upgrading yesterday, and should now be ready for the Fork.

Upgrading today, thanks for notification.

They are now on 0.21.

Hi

We are up to date.

Does anyone own FreiXShares? How much are the payouts, do you also get RIC?

I am buying a few shares of exchanges that list Riecoin if available so I have some.
The payouts vary from week to week, so far I am getting each Sunday 0.00001-0.000025 Btc per Fxs (plus several altcoins, but in Btc equivalent, it is just a fraction of the Btc payout). You do sometimes get Riecoins but so far I always got negligible amounts.
At a price of 0.0035 Btc for 1 Fxs, you can expect an Apy of ~15% so this can be an interesting investment if you think that FreiExchange will stay and grow in the long term.

Thanks for the detailed reply!

I've been blocked & unable to login to the exchange this whole week. I get a message saying I am blocked, contact an administrator to open your account. Help desk is unresponsive. Ditto Telegram. Anyone else having/had the same issue? Solution?

I'm unblocked now. Apparently a Cloudflare issue.

Lesson: don't panic, trust the process, be patient.