True crypto wallet with full access to web3 features such as deposit, exchange, withdrawal, and hold.

We will also soon introduce the Damex Earn Program. An optional feature for users to earn up to 21%* on locked-up Damex Tokens.
(*) depending on the user’s membership and accomplished Step-to-earn level.

In addition, you will be one of the first to benefit once we re-establish fiat functionalities.

Your Damex Tokens will remain available being one of the crypto assets supported. You can hold, deposit, withdraw, or exchange your Damex tokens like any other supported crypto asset. 

Yes, you can continue to upgrade your membership to Premium or VIP by locking in a certain number of Damex tokens. Depending on your membership and achievements in #steps there are a number of benefits & perks which you may found under the REWARD section on our website or within the Damex App.

Yes, all functionality related to crypto assets will continue to operate be available to users, thus including the ability to send/receive crypto assets from a friend

Yes, your crypto assets are safe with Damex. We uphold the highest standards and have been regulated as VASP (Virtual Asset Service Provider) in various jurisdiction for several years.

Yes, your crypto assets are safe with Damex. We uphold the highest standards and have been regulated as VASP (Virtual Asset Service Provider) in various jurisdiction for several years.

We will be contacting you at various points during the notice period to help return any GBP balance left in your account back to you. Beyond this period Modulr FS Limited will continue to hold any balance remaining on your behalf.

You have two months from the moment you receive this mail to either move your funds or convert your GBP balance into crypto.

The payment will be automatically returned to the sender with a reference that the  account is no longer available.

Yes you can transfer or convert your GBP balance during the notice period. Regular fees do apply.

Yes the reward program will continue although several of the benefits & perks, such as cash back on card spending, are no longer applicable.

Ongoing transactions within the two months notice period will operate as normal, after this period will be rejected and returned. As we don’t support Direct Debit nor recurring payment there are no subscription linked to the account.

No, all crypto functionality will remain in tact where we will continue to work on improvements and new features for you to benefit.

We truly regret having to close down our fiat services and are exploring opportunities to resume these services. However at this stage we can not commit or make promises on the how and when.

At Damex, the goal is to become the most respected digital payment services firm in the world, committed to serving businesses and individuals. Over the past six years, we have grown from an OTC desk to a blockchain ecosystem with multiple business lines. We have achieved this growth by adapting and innovating in response to the ever-changing market while remaining true to our crypto DNA. 

Our foundational mission remains the same today and continues to guide our everyday decisions: to provide regulated, secure, and comprehensive digital asset services. Our direction and objectives are shaped by the early experiences and regulatory advancements in Gibraltar, where the idea for Damex originated. We’ll continue to actively work on establishing partnerships that share our strategic vision and enhance the value we bring to our stakeholders.

To manage this transition smoothly, we kindly ask you to remove any remaining GBP or EUR balance in your Damex account by:

• exchanging your fiat balance into one of the supported cryptocurrencies, 

o

• via external bank transfer.

Within the App you will find a selection of different cryptocurrencies supported, you can exchange into one or more currencies from within thr App.

On our website you may find more information on the Damex App, also hosting a Frequently Asked Questions section to find more detailed information.

If you have questions not covered on the FAQs feel free to reach out to our Support team by mail [email protected].