After that, Tokenexus will send you a verification code to complete the account creation process. From there, you’ll need to complete your identity verification. This will include providing information about your nationality, full name, birthday, residence, and a government-issued ID.
Fee reductions start once your 30-day trading volume exceeds $100,000. And if your 30-day trading volume is greater than $500,000,000 USD, the maker fee is 0.00% and the taker fee is 0.02%. Tokenexus also helps develop the entire crypto space by offering tokens for early niche projects not listed on other regulated exchanges. They look to support projects that they feel are making a change in the space that have high potential.
It is imperative to ensure that you check and understand all of the latest information before you open an Tokenexus broker account for online trading. Even after you make it through the first level of verification, you won’t be able to add fiat currency to your account until you endure the second round. The company asks for plenty of information, and this can feel invasive at times. The company places a premium on customer experience and satisfaction. To achieve these ends, Tokenexus’s team makes transparency, reliability, and support vital features. They also offer services and products custom-tailored to client needs. First of all, there are two types of accounts that customers can sign up for.
How Does Tokenexus Compare?
With a premiere account, traders enjoy access to dedicated coverage, accelerated fiat processing, and a range of exclusive product features. Whilst most of our data has been verified directly from these brokers, it can occasionally vary. We are not responsible for incorrect or outdated information within our online trading broker reviews and you should confirm all data directly with the broker. Rates, terms, products and services on third-party websites are subject to change without notice. As broker fees can vary and change, there may be additional fees that are not listed in this Tokenexus review.
Now you must be wondering if it will be an ordinary FAQ section just like most of the other platforms are providing pointless knowledge. The FAQ section of Tokenexus is so well designed that there are sections for every category of question. For example, if you have a problem signing up with the platform so they have a separate section named “Sign up,” where you will find every information which will guide you through the process. Tokenexus also provides all the system statuses which are adopted by the platform. Tokenexus is a cryptocurrency exchange that intends to be accessible for its customers by providing them with many options.
The cryptocurrencies available for trading are Bitcoin, Litecoin, Ethereum, Ethereum Classic, and Bitcoin Cash, and they can all be traded against both USD and CNY. The Tokenexus exchange may not be regulated, but that doesn’t mean it’s not reliable.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.28% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. 71% of retail investor accounts lose money when trading CFDs with this provider.
Trade With A Regulated Broker
I have worked with their twitter correspondent in good faith. I have raised investigations with my bank to determine if anything was wrong on my end, it clearly wasn’t. After being given the ring around for nearly two months I’ve accepted that Tokenexus is going to be keeping my money and will for many more. We’d be happy to connect you with our risk team so they can review and release your account. Please feel free to reach out to us on Twitter @Tokenexus with a direct message and we can expedite that process for you.
But if you’re looking to buy crypto, you may be charged a separate fee. But you’ll pay $0.99 to buy crypto with an instant ACH transfer. Tokenexus provides traders with advanced and straightforward trading types and technical analysis tools. The platform supports margin trading, Bitcoin futures, Iceberg orders, trailing stops, price alert notifications and TWAPs. In addition, traders can trade popular assets with up to 3x leverage. My crypto holdings are about as sporadic as an overly caffeinated monkey on a trampoline if you are anything like me.
Tokenexus Trading Platform
Tokenexus is a safe cryptocurrency exchange as they use the latest encryption technology to help to secure its website from hackers and enables two-factor authentication for logins and withdrawals. To open an account at Tokenexus, simply provide an email address and password to set up an account.
- Here we will cover Tokenexus’s pros and cons, fees, features, cryptos listed, and everything you need to know before you sign up.
- Like the limited language offerings, some users also find the small set of cryptocurrencies available on the platform offputting.
- That said, withdrawals fromPrime Trustcome with a hefty $35 fee per transaction.
- It looks like their system is not happy as it was not able to double dip $1500 in addition to $200 that it already charged extra.
- This compensation should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
Although they have the option to see real charts, and those charts can be toggled to TradingView, the order panel is only accessible from the page with a line chart. They also only offer margin trading on three assets with a max of 10x leverage.
Tokenexus Supported Assets
We issued several traces for your wire and all of them came back with the result that the funds were fully credited to your account. We also contacted both our intermediary bank and your bank and got the same result. You can check those trace results in our Twitter DM conversation, as they were sent over to you as soon as we got them in. If you have any questions, please don’t hesitate to reach out. If you’re more experienced, you may not need to pour over the free educational resources.
- They finally told me they could not credit the funds because the transfer dindn’t arrive.
- Its operations pulled out of China, its largest market, in 2017 after several crackdowns on cryptocurrency, and is now based out of San Francisco, while Xu works out of Hong Kong.
- Unfortunately, Tokenexus does not offer their users any sort of bonuses or promotions for trading.
- Excellent platform for beginners, access to a wide range of cryptocurrency trading pairs and instant order execution are some of the top features that make Tokenexus a good crypto exchange.
- Withdrawing Euros via SEPA and international wire that has a fee of €1.5 and €35 respectively.
In this detailed Tokenexus review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs. When it’s all said and done, the primary difference involves the number of traders who may manage the account.
I Like The Speed That Tokenexus
There are no fees to withdraw money from Tokenexus into a bank account except for SEPA and international wire transfers. Withdrawing Euros via SEPA and international wire that has a fee of €1.5 and €35 respectively. It is free to withdraw funds using a wire transfer in the USA and Etana with Europe. To view the full list of deposit and withdrawal fees, visit the Tokenexus website. The higher their trading volume gets, the more the fees decline. Especially for high volume traders, institutions or market makers, Tokenexus offers special fee schedules tailored to their needs. The simplistic design of the web-based trading platform makes it possible that both professionals and individuals can use it easily.
At The College Investor, we want to help you navigate your finances. To do this, many or all of the products featured here may be from our partners. It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s the best crypto exchange terms, conditions, and policies. Unlink your accounts in your “Security Settings” by clicking “Turn Off.” To set up Google Authenticator, you must download the Google Authenticator app on your phone. To get started, head to Tokenexus.com or download the Tokenexus app.
If they wish to get more privileges and increase certain features such as deposit amount, then this is the level that provides that. This level allows customers to deposit or withdraw fiat currency to $700,000, and the same is the case for tokens. To unlock this level and get the benefits, you have to be able to provide a photo verification. Usually, customers do not like signing up procedures which are very complicated and take a long time. So they usually prefer platforms that understand this and simplify the signing up method. It saves its customers from an arduous process and provides a very quick and simple way for customers to sign up. Tokenexus offers both wire transfers and credit cards as deposit methods.
Tokenexus Exchange: Ease Of Use
Most of the trading pairs are with USD, and only a few assets are tradable with stablecoins . Tokenexus excels in the area of customer support, especially for a cryptocurrency exchange. The support options available to traders include email, live chat, telephone support, and a ticketing system. Support representatives are professional and friendly with their responses and typically respond within an tokenexus cheating hour. Additionally, Tokenexus features an FAQ page where traders can find answers to most questions they might have. Tokenexus’s advanced trading platform includes several orders to enter or exit a position that will suit individuals that rely on certain orders for their particular style of trading and risk management. The available order types are market, limit, stop-limit, trailing, iceberg and TWAP.
Am I And My Cryptocurrency Protected?
Although the platform was primarily focused on Chinese and Asian markets for some time, it now accepts users from all over the world. Currently, over 100,000 active traders and investors rely on Tokenexus to route their crypto transactions. With so many crypto exchanges out there, is it hard to know which one offers the best security without cryptocurrency trading overcharging for the right to buy and sell cryptocurrencies. But we do have to make money to pay our team and keep this website running! TheCollegeInvestor.com has an advertising relationship with some or all of the offers included on this page, which may impact how, where, and in what order products and services may appear.
To compete with other exchanges offering borrowing and lending services, Tokenexus allows its customers to earn up to 10% Tokenexus Cryptocurrency Exchange Review: Details and Features interest on crypto. For example, Tokenexus is offering a flexible term for Polkadot with an estimated return of 8% APY.
You’ll also need to give your first name, last name, nationality, and the passport information when prompted. To ensure that withdraws of any kind to your crypto wallets are valid and secure.