# Foax Exchange — Foax > Securely trade cryptocurrency for cash with instant bank payouts. (iPhone/iPad app by FOAX GLOBAL TRADING RESOURCES LTD.) - Source: https://appshunter.io/ios/app/foax-exchange/id6742742934 (this page in markdown: same URL + `.md`) - Developer: [FOAX GLOBAL TRADING RESOURCES LTD](https://appshunter.io/developer/1799685397) - Category: Finance - Price: Free - Rating: 4.86/5 from 7 App Store ratings · 7 written reviews indexed - Age rating: 17+ - Requires: iOS 13.0 · 72 MB - Languages: English - Released: 2025-07-14 - Data updated: 2026-06-10 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/foax-exchange/id6742742934/reviews.md ## What is Foax Exchange? Foax Exchange is a secure and reliable platform that lets users trade their cryptocurrency for real cash—quickly and effortlessly. Unlike traditional P2P models, Foax uses a person-to-business (P2B) system, allowing users to sell their crypto directly to the platform and receive instant payouts to their personal bank accounts. With a focus on speed, safety, and transparency, Foax Exchange eliminates the risks of dealing with unknown individuals, offering a seamless cash-out experience anytime you need it. Whether you’re taking profits or need quick liquidity, Foax makes converting crypto to cash fast, simple, and stress-free. Foax Exchange integrates with Quidax, a licensed and compliant cryptocurrency exchange based in Nigeria, to provide crypto-to-fiat exchange functionality. All exchange transactions are processed through Quidax, which operates in accordance with applicable Nigerian regulations SEC. Public Documentation: • Quidax Terms and Conditions: https://www.quidax.io/c/terms-of-use/ • Quidax API Documentation: https://docs.quidax.io/docs/getting-started Distribution Limitation: Foax Exchange is distributed exclusively in Nigeria, where Quidax’s services are legally permitted. The app does not offer exchange functionality in jurisdictions where Quidax is not authorized to operate. Clarification of Roles: We affirm that Foax does not operate as an exchange, but instead relies on Quidax, a regulated third party to provide exchange services directly. All financial operations — including asset custody, and transaction processing — are handled entirely by Quidax. ## Key features - Trade cryptocurrency for cash - Instant bank account payouts - Secure person-to-business (P2B) model - Fast and transparent transactions - Integrated with licensed exchange ## Recent user reviews (7 of 7) All indexed reviews: https://appshunter.io/ios/app/foax-exchange/id6742742934/reviews.md ### 5/5 — This is a good app *2026-03-14* Have being looking for an app that gives p2p rate ### 5/5 — Very Efficient *2026-03-01* Love the app! it’s fast and efficient and trading goes smoothly. ### 5/5 — My honest thoughts *2026-02-08* The app is actual really good and really fast Never seen any instant payment as this in a long time I would really recommend this app any one ### 5/5 — Good app 😊 *2026-02-01* Fast app and very secure ### 4/5 — Amazing *2025-08-31* Navigation is straightforward, and I love how intuitive the menus are. ### 5/5 — Rating *2025-08-30* This app does the basics just right nothing to complain about here…user experience top tier ### 5/5 — Good app *2025-07-15* Fast app and very secure ## Frequently asked questions about Foax Exchange ### How secure is Foax Exchange? Foax Exchange is designed to be a secure platform. It partners with Quidax, a licensed and compliant cryptocurrency exchange in Nigeria, to handle all exchange transactions and financial operations, ensuring adherence to SEC regulations. ### What are the transaction fees for Foax Exchange? The provided information states that Foax Exchange is free to use. Specific details on transaction fees, if any, would be managed by the integrated partner, Quidax, and are not detailed in the app's description. ### Does Foax Exchange have ads? No, Foax Exchange does not contain advertisements. The app is free to download and use without any ad interruptions. ### What devices does Foax Exchange support? Foax Exchange is available on iOS devices, including iPhones, iPads, and iPods. ### How often is Foax Exchange updated? The latest version of Foax Exchange is 1.1.2, and it was last updated on March 26, 2026. This indicates a recent update, suggesting ongoing development and support. ### What is the age rating for Foax Exchange? Foax Exchange has an age rating of 17+, which is typical for financial applications that involve transactions and potentially complex financial concepts. ### Where is Foax Exchange available? Foax Exchange is exclusively distributed in Nigeria. This limitation is due to Quidax's operational authorization within Nigerian jurisdictions. ### What makes Foax Exchange different from other P2P crypto trading platforms? Foax Exchange utilizes a person-to-business (P2B) model, allowing users to sell crypto directly to the platform rather than to unknown individuals. This approach aims to enhance safety and provide instant payouts to personal bank accounts. ## Version history (last 5 releases) ### 1.1.4 — 2026-05-06 Minor Bug Fixes ### 1.1.2 — 2026-03-26 Minor Bug Fixes ### 1.1.0 — 2025-12-01 Minor bug fixes and updates ### 1.0.9 — 2025-09-09 - Updated notification badge - Biometric bug fixed ### new version — 2025-09-07 - Update for user to be logged out immediately once session is expired - Improved assets flow - Improve transaction history flow ## Related topics [foax exchange](https://appshunter.io/ios/topics/foax-exchange) --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*