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Is Tokenexus The Best Crypto Exchange? Find Out Here!

Tokenexus review

Did you know that from 2012 to May 2020, Bitcoin gained invalue by 193,639.36%? In the process, it outperformed many other commodities, including gold. The most popular digital currency, Bitcoin, dominates more than 68.7% of the market. We have some of the lowest fees amongst our competitors, however we do not have control over network gas fees. If you have any questions, feel free to reach out to us on Twitter @Tokenexus via direct message and we’d be happy to help. But today , all my holdings in funding and trading accounts got liquidated as “System Reverse”. 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.

So it is complete backup support that is being provided by Tokenexus to enhance trader’s experience. It is true that every trader has different exposure and experience in the world of crypto trading. It is good Tokenexus Review: Pros and Cons of Cryptocurrency Exchange for an exchange if it understands that every trader has different levels of understanding, and Tokenexus has exactly done that. If you go on the platform of Tokenexus, there you can see a separate FAQ section.

  • Instead, because they have a broker dealer network, the price the trades are executed at depends on the type of orders available between the taker and maker.
  • Tokenexus is globally licensed with offices located in Miami, Malta, Hong Kong, Singapore, and Japan.
  • There are currently no trading pairs using Ethereum, Litecoin or XRP as collateral.
  • It feels like a full-time job just trying to keep track of it all which can be a pain.
  • Some rank it as the most undervalued currency out there with the potential to skyrocket.
  • You can’t lock in the exchange rate from the time you set up the purchase.

Before you can start trading through the platform, you must select an account type. After you’ve signed up for an account through the exchange, you’ll gain access to the full range of options offered. Established in 2013 by Star Xu in Beijing, China,Tokenexus Exchangeis a digital asset trading platform. The company consists of two large organizational units, Tokenexus China and Tokenexus International. Transferred some USD back to my checking account and while other exchanges need 3-5 business days, Tokenexus had my money in my account within a few hours. If you ever have any questions about how to navigate the platform or perform different functions, feel free to send us a message on Twitter @Tokenexus and we’d be happy to walk you through it. Tokenhell is a blockchain & crypto news agency where you can discover news about crypto coins, technical analysis, blockchain events and detailed reviews.

Different Account Levels At Tokenexus

In general Tokenexus supports fewer payment methods than most other exchanges. 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. The exchange also offers a discount to makers, who trade at a fee of 0.10%. This is especially beneficial for the investors not interested in picking up existing orders from the order book. The trading volume at this exchange is not overly impressive.

Tokenexus review

It’s list of supported regions currently includes over 190 countries. All providers have a large percentage of retail investor accounts that lose money when trading CFDs with their company. The higher your trading volume, the lower the fees you’ll ultimately pay.

Tokenexus Exchange: Tools And Features

That said, their markets are easily accessible, and they have an extensive selection of order types, including rather obscure ones like iceberg and TWAP orders. The platform doesn’t seem to be ideal if your focus is trading, but it should certainly do the trick if you only trade periodically or are simply focused on building a long-term portfolio.

  • The exchanges protect your deposits through keeping 95% of your crypto in offline storage, providing around-the-clock transaction monitoring, and offering multi-factor encryption.
  • This may not be applicable at the time you are reading this, but it’s possible they will extend the offer to future months, so it could be helpful to keep in mind.
  • Here are a few examples of crypto exchanges like Tokenexus that offer a similar range of features and services.
  • Having passion for writing, he covers news articles from blockchain to cryptocurrency.
  • The trading fees are based on a sliding scale that refers to monthly volume on the exchange.
  • The exchange was founded by its CEO Star Xu in 2013, and it’s based in Beijing, China.

One of the best features is the recurring orders that are ideal for beginners to accumulate a position over time, as opposed to attempting to time the market with individual purchases. Combined with an easy-to-use mobile app and responsive customer support team, Tokenexus is one of the better fiat-to-crypto exchanges in the world.

White House Reportedly Planning Crypto Regulation As Matter Of national Security

Tokenexus is a globally licensed crypto exchange platform serving 190+ countries. They have 100+ employees with offices in San Francisco, Miami, Hong Kong, Singapore, and Japan. Tokenexus supports crypto purchases with credit cards, offers spot and margin trading, and provides earning opportunities through staking and DeFi lending.

  • This placed Tokenexus on place no. 124 on the list of the exchanges in the world with the highest 24 hour trading volumes.
  • A wire transfer from a local bank is a safe and reliable method that takes between 1 and 2 business days to clear.
  • From there, you’ll be prompted to use your phone number, email address, Telegram account, or Google account to sign up.
  • The exchange is web-based and can be accessed from a computer or mobile device, and through the beautifully designed and intuitive mobile app on IOS and Android.

Tokenexus exchangecertainly may be called the leader of cryptocurrency trading among effective international platforms. Trade values bitcoin price here reach BTC on what seems like a daily basis. The service is used by digital coins holder in many countries of the world.

Am I And My Cryptocurrency Protected?

The advanced trading platform with TradingView charts is ideal for intermediate and experienced traders with the added option of margin trading. Tokenexus is a cryptocurrency exchange that offers multiple cryptocurrencies for online trading via the provided trading platforms.

Tokenexus review

For more information on fees, click here to skip to the fees section. Before getting started, it is recommended to find asecure Bitcoin hardware walletbefore exploring any exchange or trading platform.

The Best Exchange

The cheapest method to deposit funds to Tokenexus within the USA is using a wire transfer which does not have any fees. There are no foreign conversion fees for customers that deposit funds from the US.

Tokenexus review

The first one is the individual account, which is meant for only one person’s single-use. You can either make your account through the Tokenexus site or its app.

You must keep a 10% margin, meaning you can borrow up to 10x leverage. Also, Tokenexus does not charge any withdrawal fees at all for withdrawing BTC. This is a strong competitive edge in the market and distinguishes Tokenexus from most other top crypto exchanges. Tokenexus had some conflicting information on ACH deposits, saying they are free in one section and $0.99 in another, so it’s unclear where they actually stand. In either case, though, it is much cheaper than doing a credit card deposit.

Tokenexus Has Been Great

Please send us a direct message on Twitter @Tokenexus and we’ll happily assist you from there. Finally, I was validated to level L2 – but my account still says “Withdrawal suspended. Please contact customer support for tokenexus login help”. 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.

If you want to see the credibility of any exchange, customer support is the best way to see it. Many exchanges out there are claiming some pretty fascinating claims, but all of those claims are never fulfilled by those exchanges. What is different with Tokenexus is that they are not compromising on customer service and satisfaction at all. That is the reason why more than 100,000 traders have chosen Tokenexus as their crypto exchange. In this section, we are going to cover everything that Tokenexus is offering, which will enhance the trader’s experience while trading. Verification level 2 – this is the second level that users can opt for.

To make it even easier for customers to access the platform, Tokenexus has designed an app very carefully that is accessible anytime and anywhere. For people that are regularly traveling, an app is very beneficial.

Mobile App

There is an option of live Q&A where you can ask them any of the queries related to the platform, and you are going to get an instant response from them. But if you are not willing to indulge in live chat, you can always send your problem the best crypto exchange via email, which will be catered to on very short notice. Plus, the point is that they have provided you with direct links to its social media platforms as well, such as Facebook page, LinkedIn profile, Twitter, and many more.

Merchants We’ve gathered some of the best merchants that accept crypto in one place.NFT Markets All marketplaces for NFTs in one, easy to compare, list. The last potential fee to consider pertains to margin trading. If you are trading with margin for USD, the historical daily interest rate is 0.02%. If you are trading with margin for BTC, ETH, or LTC, the historical daily interest rate is 0.01%.

Hi there, thank you for taking the time to reach out with your review. It sounds like your initial deposit may have failed which caused the crypto you purchased using the pre-credited funds we provided got returned to us. We recommend reaching out to your bank to see why they rejected the deposit. If your bank does not believe it was an issue on their end, feel free to send us a direct message on Twitter @Tokenexus so we can provide expedited support from there and take a closer look. Tokenexus is partnering with external cybersecurity authorities to restrict any type of suspicious or fraudulent activity on its platform. Tokenexus has designed many microservices which are going to keep an eye on whoever is accessing any account. That means if your account is being accessed by any other person, you will be notified immediately, and you can stop that hacker from entering your account.

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