Fastex Exchange has introduced a new feature, Internal Transfers, designed to improve the user experience. This feature allows users to transfer cryptocurrency assets to other verified Fastex Exchange users with 0 fees. At the moment, the feature is available on the web platform and offers users the opportunity to transfer assets using just the recipient's email address or Fastex Exchange user ID.

To get started, users just need to head to the Withdrawals section, choose the asset they want to transfer, and select the “Internal Transfers” method. After that, they must simply enter the recipient’s email or user ID, specify the amount, and complete the transfer. Best of all, there are no fees on these transactions—though this feature applies exclusively to cryptocurrency transfers, not FIAT.

For added security, if a user enters an incorrect email or user ID five times, the feature will be temporarily blocked for one hour. Transfers are only allowed within the KYC limits of both the sender and recipient, ensuring compliance with platform rules.

Fastex Exchange is also working on a mobile version of the feature, which is expected to be available in the next couple of weeks, offering greater flexibility for users.