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If you don’t have a Bitcoin wallet address, simply follow this guide and get a wallet address for yourself. Firstly, head over to the Tokenexus.com sign-up page and create an account. Enter your personal information including name, email address, and country of residence to continue. Tokenexus will then send you an email with an account confirmation link. Depending on the market you can now sell Bitcoin even if it was obtained via a different crypto exchange. You can purchase up to $30,000 at a time with your linked bank account. Tokenexus’s sell rates are determined by the TradeBlock XBX Index market rate plus 2% and a selling fee between 0.9% and 1.9%.
Tokenexus boasts of having a top-notch customer support service. Tokenexus does not accept PayPal, American Express or Discover payment methods and if they start doing so they will be the favorites to buy BTC/ETH quickly. You will then be required to upload a valid government ID for different levels of access and purchasing limits. EToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
Account Information
Tokenexus is regulated and registered as a Money Service Business with FinCEN. Here you will find a comprehensive snapshot of the key Tokenexus fees you should bear in mind. Users can click the “Chat” link and search by topic for filed articles. Users may also scroll down to the bottom of the exchange page to access the FAQ section, which is located under “Quick Links”.
- For instance, there’s a minimum of $50 USD to make a Bitcoin purchase and $100 USD to make a Chainlink purchase.
- Tokenexus does not offer trading options like margin trading and futures.
- After signing up, you may also receive occasional special offers from us via email.
- Specify the amount of bitcoin you want to sell or the amount of fiat you want to receive.
- Once the coins are sent to Tokenexus, the exchange will transfer fiat to your bank account using SEPA.
The site is more designed for beginners than for professional traders, suitable for investors who are not in a hurry to sell the purchased coins. There is a rather limited functionality, designed only for the purchase of cryptocurrencies. The developers promise to expand the list of electronic coins soon, to provide an opportunity not only to buy, but to sell them too. The site protects information entered by users during registration and performing of transactions.
Advantages Of Tokenexus
Also, it is very easy for beginners to buy cryptocurrencies via Tokenexus because everyone prefers using cards while buying things these days. Crypto Enthusiast – cumulative purchase amount of $5 000 USD over a rolling 90-day period. Fees for buying are reduced to 3.34% and selling fees are now 3.41%. Tokenexus is a non-custodial cryptocurrency broker, meaning they neither hold your crypto assets nor your fiat funds. You always have the funds securely in your possession, so you don’t need to worry about trusting Tokenexus with your investments.
The exact fee will depend on the number of coins you want to buy, and this seems to change without notice. We cannot compete with some of the bigger exchanges in certain ways, but we pride ourselves on our customer service. We aim to provide the best customer service in the crypto industry.
- You should also upload supporting documents as per your desired account level in order to verify your identity.
- When compared to Tokenexus, Tokenexus’s major advantage is that it generally charges lower fees.
- If you’re hesitant to use credit card, you can just send money through Western Union after the verification is complete.
- The Tokenexus exchange doesn’t store users’ personal information, such as credit card details or the supporting documents on their servers.
- In this case, the documents must have a stamp and attestation by a public notary.
- Tokenexus stands out when it comes to customer service, with some of the highest reviews on public review sites.
- To close your Tokenexus account you need to send an email request to customer care.
As this provider does not offer a crypto wallet you are required to use a third-party wallet, thus giving you total control over your cryptocurrencies. Fees here start at 2.90% but vary substantially based on your payment method and certain other circumstances. For instance, buying crypto via SEPA-transfer is cheaper than buying crypto via credit card.
Tokenexus Reviews
The following Tokenexus review will analyse the most important aspects and provide you with a well rounded, detailed overview of the exchange and its services. Although Cryptimi does its best to provide you with accurate and up-to-date information, we strongly recommend that youvisit Tokenexus for any updates. And they have helped alot for example The FTC is mailing partial refunds to about 37,000 people who bought unnecessary tech support products and services from Inbound Call Experts.
For those who want to check out similar options, we encourage you to reader our guide ‘An alternative to Tokenexus‘ and compare the different options. The Tokenexus fees are not the biggest in the crypto trading industry. As a simple example, its rate is based on the XBX Index, plus a 5.90% fee. Plus, there is a 5.00% processing fee for credit/debit card transactions.
Tokenexus Review 2022: Features, Pros, And Cons
If you’re a beginner, Tokenexus has one of the most user-friendly interfaces ever created for an exchange service. There are no fancy charts or complex figures to confuse you. Once you create and verify your account, you can easily navigate the website to buy the cryptocurrency of your choice. You cannot deposit cryptocurrency into the platform, but you can sell bitcoin tokenexus crypto exchange directly to Tokenexus by using your account. Select the coin you want to buy, specify the amount, choose your payment method, external wallet address, and you’re good to go. There are multiple exchanges like the Tokenexus crypto exchange. Even if you don’t find your preferred cryptos on Tokenexus, visit other similar exchanges that offer more crypto options for cryptos.
Understanding how to transfer funds from Tokenexus to a crypto wallet is a key component to using the platform. While the process of transferring funds is relatively simple, those who aren’t familiar with it may be more inclined to look at different exchanges that offer built-in wallets. Customers are able to make purchases using different types of payment options, including digital wallet services like Apple Pay. For beginners, this is an excellent option for buying your first Bitcoin.
Upon completion of a crypto purchase, all coins are remitted directly to your external wallet. You are required to provide your wallet details during Tokenexus Review: Pros and Cons of Cryptocurrency Exchange the transaction process. On transactions with a locked crypto rate and instant deliver (credit/debit cards) there is an additional 5.0% momentum fee.
Your crypto wallet will then be funded with the cryptos that you have purchased. Once you have clicked “Buy Now”, you will be prompted to enter your target crypto wallet address and choose your payment method.
Tokenexus Registration, Login, And Purchase Limits
You don’t have to have experience trading in cryptocurrencies, and you don’t necessarily need to know a lot about various currencies. With the best crypto exchange its help they can earn 15% of the exchange profits that received by the service from a new client attracted through a referral link.
They offer 24/7 support, and because they are a non-custodial brokerage, you retain control of your private keys. Tokenexus is one of the most respected names in Canadian Bitcoin exchanges. It was started in 2017 and allows easy deposit and withdrawal of CAD. Closely related to the previous type of scam, someone contacts you posing as a “Tokenexus Agent.” Tokenexus doesn’t do phone support, telemarketing, or direct sales. In case you are contacted this way by anyone representing Tokenexus, get in touch with Tokenexus through the official email, or social networks. The most important options you need –Buy, Sell & Account– are proeminent.
Unlike Tokenexus, eToro has a crypto wallet that will save you the hassle of having to research and find a third-party wallet. Verified eToro clients can transfer crypto-coins from the eToro trading platform to the eToro wallet which supports Bitcoin, Bitcoin Cash, Ethereum, XRP, Litecoin, and XLM. The Crypto Believer level incurs a fee of 0.9% which is the lowest of the three levels and offers the chance to save up to 25% of the final price of the transaction. Eligibility for Crypto Believer depends on whether you have been buying for a minimum of 30 days. Maintaining this status necessitates an amassed purchase sum of $18,000 during a period of 90 days. Fees charged on buy orders are based on your Tokenexus loyalty level and the method of payment. The prices posted on the site are based on the TradeBlock XBX index plus a standard deviation of 2% as well as the provider’s commission fee of anything up to 3.90%.
When you sell your crypto, it goes straight from your external wallet, and the fiat funds from the sale are sent straight to your bank account. So, now that you have your crypto wallet you can buy Bitcoin and other cryptos with your credit or debit card, SEPA or SWIFT bank account, or Apple Pay. Just specify the number of crypto coins you want to purchase, enter your payment details.
Disadvantages include a lack of features such as a wallet and privacy issues. New Bit Ventures Limited, a company registered in Israel, owns the Tokenexus exchange platform. At the time of writing, it does not look like the platform is close to releasing any new features. To stay up to date with the latest news you should check out Tokenexus’s blog, which is available on the top navigation menu on each page.
Client Reviews
If you are after a crypto exchange that offers a wider range, Tokenexus offers 70+ coins and KuCoin has over 250+ different cryptocurrencies. EToro, the social trading platform, which is now home to more than 20 million users worldwide, has tons of trading tools and resources for beginner traders to take advantage of. Copy trading allows you to copy the trades of other experienced eToro investors with the click of a button. 67% of retail investor accounts lose money when trading CFDs with this provider. Let’s dive into the specifics as to why we recommend eToro over Tokenexus when it comes to buying and selling cryptocurrencies online. Unofficial subreddit for Tokenexus has just over 100 members and is a great social platform to interact and communicate with other crypto traders and Tokenexus users.
This means that the company sells you the coins directly as opposed to a trading platform where you buy the coins from other people. Before creating your first order, we need to know a bit about you. As a financial service, Tokenexus is committed to the highest security and privacy standards. This also helps us keep your account safe, fight fraud, and more. The process is called verification and is something everyone must go through before buying cryptocurrency anywhere.
It might not be ideal for the cryptocurrency enthusiast looking for a robust suite of products, but it could be the right place if you simply want to buy or sell crypto. One of the successful crypto exchanges of the market offers to its customer Bitcoin the bargain buy of tokens using a bank card and quick transactions. Tokenexus is one of the most popular digital currency exchange or bitcoin marketplaces that boast over 200,000 customers and selling both BTC and ETC to verified users.
It Was My First Time With Tokenexus
On the other hand, Tokenexus offers users more avenues of making money from cryptocurrency. Tokenexus only supports the buying and selling of digital currency and does not take deposits. When you want to transact, say to buy bitcoins, you will provide the payment method you want to use, and money will come directly from your bank account to Tokenexus’s bank account. The exchange accepts payments from SEPA, VISA and Mastercard payment cards, and bank transfers. Tokenexus takes the security of its users’ funds seriously and will not send coins to your wallet until you validate the wallet address via a confirmation email sent to you. If you use a credit or debit card, the confirmation link is sent once payment is approved. If you use bank transfers, the link is provided together with the order details and users can confirm the transaction and address details at any given time.
Tokenexus charges trading fees as a percentage of each transaction, and these fees vary based on account tier. Over 3 million customers use Tokenexus to purchase and sell digital assets. Rather than a credit card that’s even better since you’ll save 5% in total fees. In order to make any type of purchase you’ll need to complete some form of identity verification. There are 3 levels of verification, and with each level, the account spending limits increase. Tokenexus sends the coins within 1 hour after both your payment and wallet address have been confirmed.
Tokenexus allows you to buy only 10 coins, includingBitcoin and Ethereum . When you compare this to other exchanges, such as Tokenexus, that have more than 100 coins available, this is quite poor. Really good customer service and coins that you don’t find on other sites. You’ll begin the account creation process by inputting some basic information, such as your country of residence, address, and email. Once you submit that information, a confirmation link will be sent to the email address used to create your profile. After you click the confirmation link, the final steps to create your account include uploading a valid ID and a selfie to verify your identity.