Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services. All of the foregoing are of course implemented to ensure maximum security. So, if you are a trader that requires high trading volume from your next exchange, then maybe you should think twice about choosing Tokenexus. To withdraw funds, log into the Tokenexus account and select Assets. Fill up the given form, tick the agreement box, and click Sign-Up to log in to the new Tokenexus account from its website.
- Tokenexus supports US Dollar wire transfers from banks located in both our US and international areas of operations.
- The globally regulated crypto exchange is supported in 192 countries worldwide with offices in 6 locations such as San Francisco, Hong Kong, Malta, Japan, Singapore and Korea.
- The cheapest method to deposit funds to Tokenexus within the USA is using a wire transfer which does not have any fees.
- While you access Tokenexus, we may use the industry practice of placing a small amount of data that will be saved by your browser .
- Neither Bankrate nor this website endorses or recommends any companies or products.
- This makes Tokenexus an “entry-level exchange” where new crypto investors can take their first steps into the thrilling crypto world.
Notably, “deposits” mean transfers of fiat deposits from your bank to your Tokenexus account. However, it continues to operate cryptocurrency exchanges for non-Chinese markets. It was speculated that many Chinese professional companies would opt for overseas exchanges. Huobi and Tokenexus were particular targets since they were functioning without any suitable anti-money laundering systems and KYC. Here at Tokenexus, we’re on a mission to make digital assets accessible to the world, which is why we are excited to announce our expansion into Singapore Dollar spot trading markets for digital assets. These Terms and any terms expressly incorporated herein apply to your access to, and use of, any services provided by the Parties. These Terms do not alter in any way the terms or conditions of any other agreement you may have with the Parties for products, services or otherwise.
Our offered trading services continues to grow, as we now offer fiat-to-token and token-to-token trading in Idaho and Maine. Tokenexus.com will provide risk management service to Token Lending Service users‘ leveraged trading for monitoring and managing risk.
Tokenexus is a simpler exchange platform that offers buying and selling of cryptocurrencies, trading, staking, and access to DeFi projects and initial coin offerings . However, it doesn’t offer the complete range of services that OKX does. This is unfortunate, as OKX is one of few exchanges that offer such a wide selection of tokens and crypto mining options.
Many professional traders ask a common question – Is Tokenexus a scam? Sometimes, even a professional trader cannot mark the difference between a scam and a legit platform. However, Tokenexus is well regulated by top regulatory authorities, and hence, it is not a scam.
Review Of Tokenexus About Customer Support
If you want to buy and sell crypto at market prices, just go to the price page and click “buy/sell” next to the coin you want. The layout is clean, and the help center has articles to explain each of the features. Users that are part of the Tokenexus Premier are eligible for fee discounts based on the trading volume over a 30-day period. The lowest fee available on Tokenexus is 0% and 0.02% for maker and takers that have a trading volume that exceeds $500M per month. For retail investors and beginners, the 0.1% and 0.2% fees will be applicable for accumulative volume under $100,000 per month.
To sell, just go to the “Prices” tab, find the coin you hold, and click “Sell”. You can set up recurring buys of any cryptocurrency to dollar cost average automatically. There is no maximum order size, but they ask that traders or organizations with very large orders contact them. Examples of indicators that can be added include moving averages, stochastics, Bollinger bands and many more. Users can right-click the chart to change the time frame, add indicators and customize the scale. Switching between trading pairs using the top menu does not remove any tools, patterns or lines that have been drawn on the charts. Significant network and server resources are saved without needing to create and delete connections repeatedly.
To conclude our review on Tokenexus, overall the exchange is well-suited to beginners that to use a regulated and trusted platform to buy cryptocurrencies. The exchange is simple to use and offers the major cryptocurrency projects which can be bought with a wide array of payment methods and converted back to fiat currency with low trading fees. The advanced trading platform with TradingView charts is ideal for intermediate and experienced traders with the added option of margin trading. Tokenexus is one of the largest fiat-to-crypto trading platforms in the world. One of the longest-serving and most liquid crypto exchanges in the United States is Tokenexus.
Tokenexus Mobile Trading
There’s also a „demo trading“ feature that allows novices to practice trading with no risk. Based on the exchange’s posted fee schedule, it’s difficult to tell if the charges are high or low. It would be nice to have a table comparing its fees to those of similar exchanges. For Bitcoin withdrawal, select your Bitcoin is tokenexus legit under “Token Deposit”. Tokenexus utilizes their very own proprietary web-based trading platform. If anyone has had this happen and Tokenexus is just slow on bank transfers if you could reply it would be appreciated. „..some assets haven’t been fully credited“, reads like they don’t really have the BTC to put in my account.
- You can withdraw with all the same methods as you use to deposit, except for debit and credit cards and Silvergate ACH. The fees are similar, and those which are free to deposit are free to withdraw.
- The rating results published on Cointelligence are based on an independent rating system developed by the Cointelligence team.
- Pretty simple buy/sell order limits with some education on more advanced features.
- The taker fees fall as the trading volume increases, while the maker fees remain zero.
- According toreports, Tokenexus is regulated in the United States for individuals to buy and sell digital assets with fiat currencies.
- The limit includes both fiat currency and digital asset withdrawal.
For details, please refer to your bank’s policy regarding digital assets. If your withdrawal is rejected by the beneficiary bank, we will return the withdrawal amount and the service fee charged by us. Therefore, please make sure you have entered the correct bank information before making a withdrawal. While Tokenexus has no withdrawal limits on how many times you can move funds from your account, withdrawing funds soon after a single fiat deposit of over $5,000 can trigger a temporary hold on your token withdrawals. We place a hold on your token withdrawals to make sure that your funds are secure. This hold should last no longer than 30 days as our team reviews your account for any security concerns. Tokenexus will support the Bitcoin SV Genesis upgrade scheduled for block number 620,538 which is estimated to occur on February 3, 2020.
Your deposit via wire transfer will be credited to your Tokenexus account in 1 to 3 days. Login to your own bank’s online banking platform to initiate an actual wire transfer, using the wiring instruction provided by Tokenexus. Tokenexus supports US Dollar wire transfers from banks located in both our US and international areas of operations. You may enable the “Transfer cryptocurrency news My Wallet’s available asset every day at midnight” function which automatically transfers the positive balance of assets supported by Savings from your Funding Account into your Savings account. You can get unlimited withdrawal access for your account by providing your proof of address. ” another Tokenexus customer with frozen crypto assets demanded to know.
Bitcoin Prices And Trading Volumes Responded
For example, US and Canadian customers can only deposit $500 before they have to verify their identity, while other geographies can fund up to $2500 before they have to verify their identity. Leverage multiplies your profits and losses and increases the risk by the amount of leverage you take.
The cryptocurrency exchange is already very successful and highly liquid, so they have no need to entice new traders to their platform. Tokenexus initially accepted USD deposits but issues relating to the intermediary banks troubled several crypto exchanges. Soon after, Tokenexus ended its terms with the US customers since apparently, they were not ready to conform with the regulation demands provided by the country. Tokenexus exchange is extremely user-friendly and gets the trading done in just a few clicks. But before you start to deposit or withdraw money or funds, you have to register or sign up for one account, either corporate or personal, to get access to Tokenexus. On completion, link your bank a/c with the newly made Tokenexus a/c for easy exchanges.
A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. The platform has no educational resources to speak of, other than an FAQ, new releases, and tutorials on how to use the features. You can click on the “about” in the trade view under a coin and it will give the best crypto exchange you a short blurb about the coin, some statistics, and a link to their website. They are not regulated under any federal regulatory agency, but they are registered as money transmitters in the US, Malta, and the Netherlands along with a number of other countries. They are not registered to trade coin for coin in all jurisdictions. If you are an advanced or institutional trader, you can use the trade tab to set up all kinds of trades.
- Winners will be notified via Twitter direct messaging within 24 hours after the promotion entry period ends.
- Additionally, you agree to comply with all relevant laws and regulations.
- They charge 0.20% for takers and discounted trading fees of 0.10% for makers.
- If the user’s account balance is lower than the minimum trading amount, order cannot be placed.
- No Tokenexus fees are charged on instant transfers, and the funds are generally available to every basic user immediately.
- Before you apply for a personal loan, here’s what you need to know.
Each has its own annual percentage yield based on whether you choose a fixed or flexible holding period. It’s worth noting that some of the coins have minimum staking requirements, such as Ethereum, which won’t allow you to stake less than 0.02 ETH. You can also select „Margin Trading.“ This will allow you to use leverage to try to amplify returns when trading in futures, advanced options, and perpetual swaps.
Completion of level 1 will allow withdrawals of not more than 2 Bitcoin. To withdraw more than 2 Bitcoins, complete level 2 by uploading images of address proof and passport. Insert the correct personal details Tokenexus Crypto Exchange Review: Pros and Cons since no changes can be made once the verification is complete. For the safety of your assets, we advise that you refrain from depositing and withdrawing your ETH and ERC-20 tokens during the upgrade.
Does Tokenexus Use Metatrader?
Setting up an account and getting started on Tokenexus is extremely easy and they claim to have the simplest sign up process. In the trade desk you can monitor charts, get quotes, and place orders with advanced controls.
Tokenexus Becomes First Major Exchange To Support Blockchain Domain Names
Online safety, privacy, and security are critical features of any cryptocurrency exchange. If you’re not a resident of a country that the exchange supports, you can’t make a direct crypto buy with a credit card or bank account. You can transfer cryptocurrencies from another exchange or wallet; it just adds another step. Tokenexus is an excellent exchange for the advanced trading of some of the most popular cryptocurrencies on the market.
OKX offers 11 proof-of-work mining pools to choose from, including Bitcoin, Ethereum, and Litecoin, along with tutorials on how to join each. OKX is not currently available in the U.S., but its sister platform, Tokenexus, is. OKX has a complex fee structure and is a complicated platform best for experienced traders. Many or all of the products here are from our partners that pay us a commission.
Tokenexus is lacking in terms of trading pairs and cryptocurrencies supported, but they are always listing new cryptocurrencies. You only have to KYC verify if you deposit or withdraw more than the cryptocurrency news limit for your country. In the US you have to prove your identity to deposit $500, in Europe over $2500. There are also KYC levels 2 and 3 to increase your deposit and withdrawal limits further.