Is Fumbi suitable for short-term speculative cryptocurrency trading? + –
Rather not. At Fumbi, we focus primarily on long-term investment.
Does Fumbi offer company accounts? + –
Yes, Fumbi Business is designed for legal entities. It allows you to purchase cryptocurrencies conveniently and store them safely with our comprehensive solution and multilayered security. Just choose from a selection of cryptocurrencies, and we will take care of the rest.
How quickly will the investment appear in the profile? + –
You should see your investment in your profile within 2-3 business days. It also depends on the speed of bank transfers.
Is it possible to use Fumbi as a cryptocurrency wallet? + –
No. Fumbi provides a solution for long-term and secure investment in cryptocurrencies which is not intended for everyday payments.
How often do the cryptocurrency values get updated? + –
The value of your cryptocurrencies is updated every 15 minutes. The overall portfolio is updated with each user input or output.
How withdraw money from Fumbi? + –
It’s very simple. You click on the withdrawal in your profile, and we will send you money within a few days to the account. Alternatively, you can cancel the custody service, and we will send you your cryptocurrencies directly. The withdrawal can be made 30 days after registration to avoid speculative transactions.
What is the minimum amount of investment in Fumbi? + –
As a natural person, you can start investing from as little as 50 euros, for legal entities the minimum deposit is 1000 euros.
How many cryptocurrencies are in the portfolio? + –
There are currently 26 cryptocurrencies in Fumbi’s portfolio. We plan to continue expanding our portfolio. At the same time, we regularly review cryptocurrencies in the portfolio based on their quality and remove those that no longer meet our high standards.
How are cryptocurrencies physically secured in Fumbi? + –
Your investment is divided into a portfolio of cryptocurrencies using the Fumbi Algorithm. These cryptocurrencies are stored on offline generated paper wallets, and their private keys are distributed and stored at various secure locations.
What are SGS and independent wallet audit? + –
An independent wallet audit confirms that when comparing the balances of the values of 31 cryptocurrencies on individual wallets with their current values listed on individual blockchains, no differences were found and the amounts in euros of individual cryptocurrencies listed in the client’s production database match the amounts in euros of individual cryptocurrencies on individual blockchains. The SGS Group (Société Générale de Surveillance) is the world’s largest organization in the field of system control, verification, testing and certification, founded in 1878 and based in Geneva since 1919. With more than 97,000 employees, SGS operates a network of more than 2,600 locations and laboratories worldwide.
How to invest in cryptocurrencies through Fumbi? + –
It’s very simple. Click on “REGISTRATION” and fill in the basic data. You will get into your profile by completing the client identification process (KYC) and accepting the User Agreement. In the upper left corner is the “DEPOSIT” option. After clicking on it, you will be shown the payment details for the bank transfer. Please do not forget to fill in the message to the recipient. Depending on the speed of bank transfers, you will see your cryptocurrencies in your profile within 2-3 days.
How are investments legally secured in Fumbi? + –
Fumbi is regulated by the European Union and Slovak Republic laws. You are the direct owner of the cryptocurrencies you see in your profile. Your cryptocurrencies are not on the Fumbi balance sheet, so even in an unlikely insolvency situation, you can easily move cryptocurrencies into your own wallets by cancelling the custody service.
Did learn everything? Start investing with us.
Reach out to us
Didn’t find the answer to your question? Contact us using the contact form. Our team will certainly answer your question!