⭐ Tokenexus Review

With its wide range of services offered on the platform, Tokenexus is a new financial market in the digital world. After thorough research, we can say that Tokenexus is an excellent multi-functional exchange for clients because it offers more than just cryptocurrency trading. However, it offers its customers a lending platform, a multicurrency wallet, and many helpful payment services like Payeer, Perfect Money, Qiwi, OKPAY, and Yandex Money.

Of course, the answer to this question is found in the Tokenexus trading platform. Tokenexus doesn’t offer any fancy software or a choice between industry-standard trading windows.

Top Wallets

The users can then use the login credentials and select any protection method of their choice in this step. Account creation on Tokenexus is very easy, and all that the users need to do is visit the official website of the platform and click on the green “Sign Up” button. They will be immediately directed to a page bearing a simple registration form. Users need to fill in that form with some basic details like email, phone number, and country of residence.

An easy to use the platform, it is successfully attracting users from all over the world and has over 650,000 registered users on the platform. In the future, it plans to cover multiple areas of the cryptosphere, including DEX, p2p marketplace, private trading API & WebSocket API to expand its user base. Tokenexus continues to be one of the in-demand cryptocurrency exchange platforms. Although it remains to be a work in progress, the advantages outweigh the areas that need improvement.

Trading Fees

Ordinarily, the easiest way to check out whether a platform is trustworthy or not is by checking its regulatory credentials. However, as you can only trade cryptocurrency with Tokenexus and the platform handles no fiat currency whatsoever, it is not subject to any regulatory requirements. This is set at 0.25% and is the same for any position you open via the platform.

All the navigation options related to trading can be found at the top of the page under the tabs Trade, Lending and E-Wallet. This is all fairly self-explanatory and there are no drop-down menus or additional choices to make. You won’t get the full service from Tokenexus if you don’t provide the required information. Furthermore, the platform’s homepage enlightens visitors on the advantages and briefly describes its features. Tokenexus’s website also has a chatbox, which is helpful for those in need of quick assistance. Note that the content on this site should not be considered investment advice. We show reviews chronologically, and you can filter by star rating, language, location, or keyword.

  • It offers a wide range of crypto assets along with other services like margin lending, multicurrency wallet, and quick payment services.
  • Like most cryptocurrency exchanges, Tokenexus differentiates between unverified account and verified the account.
  • Overall, Tokenexus is a convenient platform well suited for beginners and newbies.
  • You won’t get the full service from Tokenexus if you don’t provide the required information.
  • Apart from that, it also involves the use of merchants and the better way through which they can carry out their exchanges in an effective manner.
  • The platform can be used by both experienced traders and beginners who wish to combine trades of different types of digital money.
  • Tokenexus claims to be a top cryptocurrency exchange and trading platform.

The platform interface is very simple and lets users trade multiple cryptocurrencies and view prices of both the e-currency and the cryptocurrency market. The proprietary web-based trading platform supports three order types, limit, market, and stop.

Tokenexus allows users to keep their anonymity for transfers under 1 BTC. A wallet is provided for each supported cryptocurrency along with professional tools for traders. The platform offers unique cryptocurrency pairs and favorable conditions as well as a variety of payment methods. As we’ve noted, Tokenexus offers a fairly basic trading service. You won’t find multiple accounts and trading platforms here, there is simply the Tokenexus account that offers access to the cryptocurrency markets.

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Based on this user feedback, it appears that Tokenexus is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform. The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to.

Tokenexus.com is a peer-to-peer cryptocurrency trading platform that came into existence in 2016. The platform supports more than 100 leading cryptocurrencies, including bitcoin, Litecoin, Ethereum, and Dash. It allows traders from all across the world to access a wide range of supported currency pairs along with a robust multi-currency e-wallet for both personal and commercial use. This is where Tokenexus comes to the rescue with its multifunctional platform and is also one of the big cryptocurrency exchanges in the market.

This will help them to carry on with their franchise partnership. This can create a problem for a lot of them as most of the people rely on credit cards for making the payment.

This platform has been around for more than 5 years and thanks to their commitment, they have indeed earned a lot of reputation online. COREVOCS is a global community where members can connect with one another according to shared values, collaborate online on advocacy projects and initiatives, and share knowledge.

Local Bitcoin Cash Review

Trading any kind of asset is often quite a complicated affair – especially to the uninitiated. Whilst the act of opening and closing a system is pretty straightforward on most platforms, it can take a while to get to grips with the various charts, as well as the trading terminology. In the following review of Tokenexus, we’ll check out exactly what you can expect from this operator. We’ll review everything from its regulatory credentials to the quality of its customer service and let you know how it measures up against the competition. Receive the latest news about our cryptocurrency education courses, events, and guides. Users participating in suspicious activity can be denied service. After opening an account on Tokenexus, it is time to protect your account.

Thus, the platform should look into these matters and work upon these loopholes to add more credibility and gain customers’ trust. In comparison, verified account holders can withdraw up to 5BTC per day. Tokenexus only allows cryptocurrency deposits in Bitcoin, Litecoin, Ethereum, Dash, and Dogecoin.

However, minimum amounts of deposit are fixed, and withdrawal charges also apply. Although the platform offers a wide range of cryptocurrencies, crypto exchanger there are several flaws in the system that are making it difficult for the user to comfortably trade on this platform.

If you pay higher withdrawal fees, your transaction will get prioritized and will get processed in the shortest possible time. Speaking of deposits, for initial investment Tokenexus has a fixed minimum requirement. This is applicable for fiat currencies blockchain and e-wallet transfers. With bitcoin price crypto transfers, the minimum investment requirement varies. Payments is one area in which Tokenexus is a little different. Users can actually only fund their accounts with cryptocurrency. Tokenexus offers no exchange services, so you cannot convert any fiat currency to crypto via the website.

Tokenexus Review: Conclusion

The exchange therefore has a fee model based around a flat trading fee. Furthermore, Tokenexus also allows Margin trading and enables traders to become lenders. Its trading platform aims to cover many investments with these advanced features to expand its customer base. You need to fill the registration form for the account creation process. Once you fill the form, you need to deposit funds into Tokenexus account according to the deposit methods described in this guide. After funding, you are free to trade more than 100 cryptocurrencies. Unlike other exchanges that don’t set limits on minimum and maximum amounts, Tokenexus imposes restriction regarding the amount.

  • The fees you pay for moving funds around will depend on the cryptocurrency you choose.
  • On the Tokenexus Exchange, the deposit and withdrawal methods include a wide range of cryptocurrencies and electronic payment methods such as OkPay, Yandex Money, Payeer, PerfectMoney, and QIWI.
  • If you don’t have any crypto but want to start trading here, you will first have to purchase cryptocurrencies from another exchange and then, as a second step, deposit them here.
  • Business owners can also use the Tokenexus multicurrency wallet to accept payment by integrating the wallet into their business website.
  • Tokenexus’s multicurrency wallet is fast, secure, and also reliable.
  • As a long-time FOREX trader I was quickly captured by the attraction of the crypto-world.

Tokenexus has a minimum amount for deposits, depending on the currency, which indicates that the site is less suitable for beginners. Many payment methods like Perfect Money, OkPay, Yandex Money, etc., and fiat currencies like USD, EUR, and RUB are supported by Tokenexus. However, they do not accept credit cards or bank wire transfers. Tokenexus also offers many benefits for loyal customers, like a two-level affiliate program .

Users can store all the supported crypto coins they purchase from Tokenexus and hold them until they are sold. Everything is changing and that too at a very past face and so is the financial world. With time, everything is turning into digital and digital currencies are now on the go. The world that once was all about hard cash no longer exists and in the present time, it is all about e-currency and cryptos. With Bitcoin and its invention, everything has gone downstream and the fact that it has helped people get what they want leaves no scar to portray the truth. 10TopCryptoBrokers is an information terminal for Bitcoin and other cryptocurrencies.

Is Tokenexus Your Business?

It provides up-to-date news and analysis of everything that happens on the cryptocurrecny, as well as reviews on the best Bitcoin exchanges on the market. Tokenexus is a product of Tokenexus LTD, a company based in the United Kingdom. The team behind this exchange,”plans to provide not just a service with different abilities, but also to create a new financial market in the digital world”. There is no information regarding the people that founded this platform.

Unlike most cryptocurrency exchanges out there, Tokenexus is a multi-functional cryptocurrency exchange service that offers more than just digital assets trading services. With over 280,000 registered traders, Tokenexus https://tokenexus.exchange/ has started to become one of the most controversial crypto exchanges recently. Launched in 2016, Tokenexus is a modern P2P service for accessing e-currency and cryptocurrency exchange markets via its trading platform.

Supported Cryptos

Tokenexus exchange aims to provide a platform to benefit every link and impart knowledge to people about the strength of emerging Crypto world. The security of blockchain Technology is known to all and is beyond questions. The entire foundation of the security https://tokenexus.business/ system of the platform is taken care of by blockchain. So, for the past 8 years, the blockchain platform has been ruthless and it is very difficult to hack it. Tokenexus uses its very own trading token with the help of which everything is very sorted.

A user has to verify the account for higher withdrawal limits by uploading two I.D. Pictures and an official document containing the personal address. The user gains access to up to 5 BTC withdrawals in 24 hours by verifying the account. Fake exchanges are one of the most common cryptocurrency scams, you can read about how to prevent them here. Apart from checking reviews, a good method is to select an exchange is to aggregate views on reputable tech and financial websites. The exchange you choose should have positive reviews on multiple aspects such as security and support across reputable tech and financial websites.