Tokenexus Crypto Exchange Review

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Tokenexus reviews

Read fact-based BitDegree crypto reviews, tutorials & comparisons – make an informed decision by choosing only the most secure & trustful crypto companies. Tokenexus offers robust security measurements and will protect your assets even if your personal details, such as account information and email address, are compromised. What is more, it supports more than 380 cryptocurrencies, over 800 crypto pairs, and has low trading fees.

This type of wallet offers the lowest security on your funds, not least because you have no control over your private keys. This means that should the platform get hacked, your funds are largely at risk. When the deposited funds are added to the account, the user can proceed with making a trade. The user clicking the exchange button will be taken to the trading area. On the trading screen, they can enter the crypto they would like to buy and click their preferred trading pair to buy coins. Tokenexus website’s main page offers several basic information and displays trading charts accompanied by the various cryptocurrency trading volumes. Aside from trading volume, it contains information like exchange rate, changes in the latest market price, offer to buy or sell, trading volume for 24 hours, and several more.

It boasts of being established by experienced system architects, technology engineers, and finance experts, though most of Tokenexus team remain anonymous, which is a big red flag for some users. Reportedly, the company was kickstarted with a USD 6 million venture capital investment. This gives Tokenexus a competitive edge over exchanges that keep their users in the dark about real time performance issues. Tokenexus is a cryptocurrency exchange which is famous for its wide variety of coin listings and advanced trading features.

Tokenexus App Reviews 2022: Is It Legit Or Another Cryptocurrency Scam?

The exchange is good, but couple of times my transactions stuck. It was November-December 2017, users’ overload, Bitcoin $20000, etc.

One of the main selling points to Tokenexus is that the platform offers some of the cheapest fees in the cryptocurrency exchange arena. Tokenexus reviews show that it has been given mainly positive feedback from customers. Its 2-factor authentication and encryption technology has appealed to many users, who have left positive feedback.

Tokenexus Is The Most Advanced Bitcoin Exchange

However, the fogginess surrounding company owners, licensing and lengthy withdrawal times is a cause for concern amongst clients. Overall, Tokenexus reviews show it seems to be deemed as a ‘mid-level’ exchange, with pros and cons. It is trusted by clients but could also benefit from improvements to increase client satisfaction, including adding a live chat customer service feature. Three years ago, Tokenexus futures trading became available on the platform, allowing an enhanced customer offering. If you have ever used a cryptocurrency exchange before, then Tokenexus works in exactly the same way. The company operates as a third-party middleman between buyers and sellers, making a profit in trading fees along the way. All you need to do to get started is register a Bitcoin account, deposit some funds, and then proceed with your cryptocurrency purchase.

  • Often it’s some mix of positive and negative information about the exchange.
  • Tokenexus Pro enables high-volume cryptocurrency trading solutions to traders in the US and other countries.
  • I gave a talk at a crypto conference about Bitcoin affiliate programs and told my story with Tokenexus as an example of how not to behave.
  • However, our Tokenexus review would not be complete if we did not cover these points.
  • Tokenexus is a cryptocurrency exchange established in late 2013 which is famous for its wide variety of coin listings and advanced trading features.

During its six and counting years of operation, Tokenexus had a colorful history with numerous accusations. There are many posts on social media, forums, and review sites pointing out all sorts of issues with the website. At the same time, many users are happy with Tokenexus’s services. All in all, these features make Tokenexus one of the top altcoin exchanges in Bitcoin terms of available markets and liquidity. Nevertheless, it also has numerous concerns surrounding it, which we address further in this Tokenexus review. Cryptwerk is online directory with companies, websites, shops, services where you can pay with Bitcoin and other popular cryptocurrencies. StealthEX is an instant crypto exchange for fast and limitless swaps.

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His passion is to empower communities across the African diaspora through the blockchain. Online/Offline forTransfersdisplays whether the funds can be transferred between Main and Trading accounts. On this page, users can view key metrics for the system’s performance and availability, including live statistics of incoming/outgoing transactions. They also have an advanced tracking and link creation system where you can create different links and monitor their relative performance in your affiliate dashboard. There is a minimum requirement for a withdrawal of your affiliate commissions and that is 0.1BTC. Another exciting feature on Tokenexus’s platform is OTC trading. You can also use the MetaQuotes coding language to develop your own trading bots.

  • But there is a daily withdrawal limit of EUR 5000 worth of cryptocurrency.
  • Also, the service showed excellent performance when it came to various transactions with money.
  • You can find a list here or look at the name of exchanges below.
  • Despite this, I easily transferred them to my wallet and now I’m the BTC holder.
  • The reason why they’re so secure is because your private keys are stored offline.
  • There are several cryptocurrencies that can be bought via Banxa, Moonpay, or Mercuryo.

Before we start talking about the trading functionality on Tokenexus exchange, we should clarify one more thing. There is no way to straightforwardly deposit fiat money to the exchange. Nevertheless, the platform still can be a cryptocurrency gateway as people can buy cryptocurrency with credit/debit card. There are several cryptocurrencies that can be bought via Banxa, Moonpay, or Mercuryo.

Tokenexus Deposit And Withdrawals

They do have an exchange and are quite active on social media. This is a good step but not good enough for a faster-growing crypto industry. While all exchanges are focusing on providing superior support, Tokenexus seems to be lacking on that. However, in the last quarter of 2017, a lot of new exchanges rolled out and that changed the complete landscape of crypto exchanges.

  • For one, it lets users set up two-factor authentication for all their transactions, adding an extra layer of safety.
  • As the Crypto space is growing rapidly, there are numerous exchanges hitting the platform.
  • Finally, for the International bank wire , users have to pay $9 as the fee.
  • Buy bitcoin or deposit some other cryptocurrency and start trading immediately without verification.

Back in 2016, Tokenexus was one of the select few exchanges that existed. It instantly got the coverage and lots of mentions on all over the web including me. After joining the program, you can withdraw your earnings as they reach 0.01 BTC, and check out your Main account balance.

This Tokenexus review looks at its pros and cons and whether it is worth using. At first glance, it is easy to see why Tokenexus is responsible for some of the largest trading volumes in the crypto exchange industry. scammed by tokenexus Not only does the platform support more than 300 coins and over 800 trading pairs, but fees are highly competitive. However, upon further analysis, we cannot endorse Tokenexus as a credible exchange.

Tokenexus Referral Program

This Tokenexus review details which other cryptocurrencies are supported on the platform, how to navigate Tokenexus deposits and how to trade. Tokenexus markets support more than 800 trading pairs, encompassing Bitcoin and a variety of altcoins including Ethereum, EOS, Litecoin, Tron and others. Tokenexus also supports lesser-known altcoins, diversifying its range for clients. Many Tokenexus reviews highlight the importance of the need for excellent customer support. Tokenexus’s support centre is the main form of customer service provided to users. With an absence of a live chat feature, customers can be left feeling frustrated if their query isn’t solved quickly.

Tokenexus reviews

68% of retail investors lose money when trading CFDs with this provider. tokenexus Founded in 2014, Tokenexus only charges its users 0.01 percent per trade.

At the moment of writing, Tokenexus was ranked 52nd on the list of cryptocurrency exchanges that have the biggest daily trade volume. The encryption technology used on Tokenexus means it’s safe and secure to trade on the platform, however once again, there aren’t many more details available on the site.

The exchange has both FIX and REST API. RESTful API provides access to the market data, order book, and so on. It also allows placing and canceling orders and performing other trading operations. Also, the RESTful API allows making transactions between the main and trading accounts. The API key and Secret key can be found in the Settings tab. Now let’s name the most significant numbers that will help us to realize the scale of this exchange. Tokenexus works 24/7 and hosts hundreds of trading instruments including Bitcoin, Ethereum, and all the top altcoins; there are 1070 trading pairs available on Tokenexus.

How much does a Dogecoin cost?

The current price is $0.168 per DOGE.

Cryptwerk is useful for people who wants to spend cryptocurrency directly, without exchanges or banking cards. Once you’ve created an account, click the account tab at the top left of screen and then click the “Withdraw” button for your chosen currency. On the next screen, you’ll be shown the withdrawal fee that applies. As we touched on above, Tokenexus is an unregulated exchange and a quick Google search turns up many negative reviews from users. Keep these factors in mind when deciding whether or not you should use the platform.

Buy, Sell & Trade

One might ask why in the world should we provide any personal data? Privacy is just a tool of protection, but many cryptocurrency exchanges use a different tool — a Know Your Customer procedure. Accessing Tokenexus markets from a restricted jurisdiction can result in account closure and liquidation of open positions on the account.

Tokenexus reviews

Now, while Tokenexus mobile app is available, it’s still in a development stage, meaning that the app is not stable and you might experience certain issues when using it. If you’re still a newbie in the crypto world and do not know which aspects matter when choosing a crypto exchange platform, I can help you. While some platforms support up to 10 cryptocurrencies, others can support hundreds and even more. Needless to say, the more options you get, the better it is.

Tokenexus even accepted fiat payments from some non-European countries, offering access to a host of new users who were not served by Tokenexus’s well-known competitors. Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory tokenexus scammers framework. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Customer support of Tokenexus is not talked about very highly on social media platforms. The customer service executives are slow and do not respond as quickly as they should.

However, crypto’s ongoing popularity has also introduced its share of scams and fly-by-night services. So while there are excellent exchanges bitcoin price like Tokenexus, Bittrex, Tokenexus, etc., unscrupulous actors have introduced fraudulent exchanges as well, like Tokenexus and Yobit.

Last Updated on January 13, 2022 by admin

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