2025 Security Report | What Is FameEX and How Does It Safeguard User Assets?

What is FameEX Exchange?

Founded in 2018 and officially launched in 2020, FameEX is a global frontier of derivatives trading platform with cross-platform tools for digital assets. Since its inception, the platform has obtained financial licenses from Australia, the United States, and Singapore, and now operates in compliance with regulations across 14 countries and regions worldwide. 

With the mission of “To minimize user trading risks and create a fair, transparent, and free trading environment”, FameEX is committed to providing global users with a full suite of services, including spot trading, derivatives trading, margin trading, demo trading, as well as its uniquely designed copy trading products and compliant financial solutions. As of 2025, FameEX has gathered over 3 million active users worldwide, with a monthly traffic volume of 3.2 million PV and 1.61 million UV. The platform has surpassed $400 billion in cumulative trading volume, achieving a top ranking of 27 on CoinMarketCap. Its user base spans Southeast Asia, Australia, Canada, and many other regions.

Who Founded FameEX?

Back in 2014, Lee BoonGin foresaw the rise of crypto. With a strong technical background, he initially contributed to the industry by assisting major exchanges with tech infrastructure. That hands-on experience became the launchpad for his deeper commitment to crypto and the founding of FameEX.

Like many users in the crypto space, Lee experienced multiple black swan events — from exchange hacks and system outages to project failures and scams. These challenges reinforced his belief that the crypto industry would ultimately follow the long-term path of traditional finance, evolving from chaotic, unregulated competition into a more structured and mature ecosystem. Motivated by this vision, he founded FameEX in 2018.

Is FameEX Safe?

The robust security of the FameEX platform is inseparable from the strategic foresight and distinct leadership of its Chief Operating Officer, Mr. Hunter Shannon. Recognizing the early-stage volatility and regulatory gaps within the crypto trading industry, Mr. Shannon emphasized that the FameEX brand must remain true to its founding mission—placing users at the core of all decisions and progressing with caution and integrity. Under his guidance, FameEX has adhered to a principle of selective token listing, ensuring that only high-quality tokens are introduced to the platform. This approach significantly mitigates user risk and fosters a fair, transparent, and competitive trading environment.

In terms of fund security, Founder Mr. Lee BoonGin has publicly stated:

“Our unwavering principle at FameEX has always been to safeguard user funds. Trust in the security of those funds is the foundation of our platform’s sustainability.” To that end, FameEX has established a comprehensive four-layer security framework to uphold the highest standards of fund protection, including a user asset protection mechanism, a four-tier technical defense system, jurisdiction-based tiered management, and an exclusive fund access mechanism. This multi-dimensional security strategy reflects FameEX’s long-standing commitment to user fund security.

How Does FameEX Protect User Funds?

To ensure the highest level of fund security, FameEX has established a robust and effective “protocol-level security protection” mechanism designed to safeguard user assets at every stage.