Public opinion is an essential part of an exchange’s reputation. And Tokenexus is the kind of Bitcoin business whose decisions are impactful in the space. It shouldn’t take long until an operator picks up your call and helps you with your account. Yet be careful, as Tokenexus Support will never call you and ask for information. It will receive a reply as soon as customer service is available. Thus your waiting time varies according to availability and difficulty.

However, it is our opinion that Tokenexus does not care about you, your privacy, or anything else except for whoever will pay them the most money. We recommend patronizing other exchanges that respect your prviacy to the extent that they can, such as Kraken or Coinmama. We suggest trying to contact customer support to try and reactivate your account. We know that in general, Tokenexus blocks a high number of withdrawals, deposits and accounts every single day, so the exchange is certainly not the best out there. We consider it to be a much better exchange and you will definitely not run into these kinds of problems. Hacking attacks are definitely a legitimate concern and you can never be too cautious.

Cards currently take anywhere from 5 to 7 business days to arrive, after being ordered, with card during the week in the afternoons. Cards ordered after this time will generally be sent out the following business day. Tokenexus continues to take the protection of customer data seriously and employs a number of security protocols to safeguard sensitive information. For example, passwords and OAuth tokens are stored using AES-256 encryption on their servers, and all traffic goes over SSL to prevent third parties from monitoring connections. There is also a daily ATM withdrawal limit of £500, and customers can contact in order to change their daily spending limits. Currently, Tokenexus Card users must adhere to the daily spending limit of £10,000, in addition to the monthly purchase limit of £20,000 and yearly purchase limit of £50,000.

Complete the captcha, then certify that you are over 18 and agree to the Tokenexus user agreement and privacy policy. To set up an account, first visit the Tokenexus website and click “Sign Up”. Customers from over 100 countries can trade crypto to crypto. European customers may have a maximum of €30,000 euro in their account at any time. You can see the full list of coins offered at Tokenexus ’s help desk. Tokenexus offers its brokerage services in the United States, United Kingdom, Canada, Singapore. Tokenexus ’s simple interface aims to make it easy for first-time buyers to purchase bitcoins using payment methods you are used to.

From north to south, they’re Canada, The United States of America, and Mexico. In the case of bank withdrawals, you depend on the legacy financial system. The fees are usually fixed, so your time preference does not impact the transfer. Yet you https://tokenexus.business/ shouldn’t expect to get the option to pay only 1 cent and wait for a longer time. It’s the institutions that determine your rates, there is no negotiation. On Tokenexus Pro, taker fees range from 0.5% (for amounts lower than $10k) to 0.04% .

Supported Coins

This exchange was rebranded in the year 2016 to Global Digital Asset Exchange . Recently Tokenexus Global Inc. was listed on Nasdaq with over valuation of 75 billion and the stock was opened at $381. Learn more about the best cryptocurrency trading platforms to trade your coins. Tokenexus Pro users enjoy more favorable pricing over Tokenexus users.

For example, if you purchase $1,000 worth of Bitcoin, your 1.49% fee of $14.90 would leave you with $985.10 https://tokenexus.business/ worth of cryptocurrency. As you will be asked to deposit funds, you will need to set-up a payment method.

Instead, Tokenexus places the order on the order book to wait for a matching order from other users. When a matching order finally arrives and your order is scammed by tokenexus filled, you are said to have ‘made’ the order. Takers pay between 0.04% and 0.50% in trading fees while makers’ trading fees range from 0.00% to 0.50%.

You can view a full list of domestic and internationally supported cryptocurrencies on Tokenexus ’s FAQ. Tokenexus offers telephone support for compromised accounts only. If you’re located in the United States, you can access Tokenexus ’s team via phone by calling . Tokenexus doesn’t offer specific hours of availability for phone service.

Tokenexus Review

Security-wise, paper wallets are seen as the best alternative, while convenience-wise, software and online ones should be your go-to options. One of the leading cryptocurrency wallets in the current industry. If Tokenexus sounds like your cup of crypto coins, make sure to check the wallet out! If you’re more of a hardware person, though, you might be interested in some of the best cold wallets on the market, too. It’s not “cheap”, by any extent of that term, but it’s also far from being the most expensive option, too. Yet again, the actual ‘significance’ of these Tokenexus wallet fees are going to depend on what it is that you plan to do with the wallet in question.

• At the top right-hand side of the page you will need to click on ‘Get Started’ to open an account.
• While keeping your funds in the Tokenexus wallet comes with its own security features, larger balances should be placed in the Tokenexus Vault.
• One of the most-commonly referenced negative aspects of the Tokenexus wallet is that it supports but a small number of crypto coins.
• In the basic Tokenexus interface, users can buy and sell bitcoins with their bank accounts.
• You can add a phone number, provide more personal details, submit a photo ID and create an established purchase history by buying and selling using the Tokenexus platform.
• Another new addition to the Tokenexus platform is their “Tokenexus Bundle”.

Tokenexus monitors and reviews what payments are being made and see whether these have anything to do with the black market, gambling, or other illegal activities. If this is the case, they either freeze the account or close it completely. You can upgrade to GDAX completely for free if you are interested in buying and selling coins and trading with them. GDAX offers a wide selection of cryptocurrencies for trading, and you can also trade between cryptocurrencies. Tokenexus is one of the biggest crypto exchanges in the world with over 56M verified active users.

It has been active since 2015 and supports Bitcoin, Litecoin, Ether and Bcash trading. Tokenexus Pro has no withdrawal fees and pays the Bitcoin, Ether and Litecoin transaction fees for you. Simply log in to Tokenexus Pro with your Tokenexus credentials. cryptocurrency bitcoin Better still, you can transfer funds instantly between Tokenexus and Tokenexus Pro. Tokenexus Pro charges 0.1% to 0.25% for taker trades, and no fees at all for maker trades. As long as you place limit orders, you won’t have to worry about paying a fee.

This is terrible for monetary fungibility and individual purchases. If all BTC transactions happened on Tokenexus , it would be terrible. The exchange could decide where you can and where you can’t spend your money. Tokenexus responded by making it more difficult to delete accounts.

On the contrary, some cryptocurrency platforms charge just a fraction of this, and trading fees are instead built into really tight spreads. This is hugely important, as otherwise, you are going to have your trading profits eaten away by transaction fees. If you’re looking to find out more about Tokenexus , then be sure to read our comprehensive guide. We’ll cover who the exchange is, what cryptocurrencies they support, what their fees are like, how good their security is, and more.

Does Tokenexus Support Your Country?

Crypto-to-crypto pairs at Tokenexus Pro contain two competing cryptocurrencies. For example, BCH/BTC is a pair that contains Bitcoin Cash and Bitcoin. As such, you are looking to speculate on the future value of the exchange rate between these two digital coins. This means that you will pay 1.49% when you buy a cryptocurrency, and again when you sell it. This variable percentage is multiplied by the value of your buy/sell order. At the time of writing, that’s 42 cryptocurrencies in total that Tokenexus allows you to buy.

This is because rather than a variable fee, you will pay a flat fee. Trading commissions at Tokenexus work in the same way as a conventional share what is cryptocurrency dealing fee. Only instead of a flat fee, you will pay a variable commission. I went back to look to make sure everything was ok with my account.

On top of that, Tokenexus also offers a good variety of payment methods to help their customers get their fiat money onto the platform to buy crypto. These include bank transfer, debit/credit cards, PayPal and even SEPA tokenexus forex brokers reviews transfers for European citizens. Just like any bank account or investment account, you must prove your identity via state identification. For users in the United States, this will require a social security number.

Debit Card

Yet at the time oh purchase, exchange volumes will not reveal the change of ownership. By holding more than 1 XTZ in their accounts and opting in for delegation, users can earn staking rewards. Tokenexus is running a Tezos node which stakes existing XTZ balance to the network. But if we define safety as an extension of privacy, then Tokenexus is not safe. Like a bank account, it will report data about your holdings to the government. Also, Tokenexus has acquired a blockchain analysis team to deanonymize all incoming transactions.

In the remaining 19 countries, Tokenexus only permits crypto conversions. In North America, Tokenexus only allows you to convert, buy and sell cryptocurrencies in 3 countries.

The company stores the 2% online backed by their insurance policy in case of cyber attack. Tokenexus accepts the US dollar , British pound , and the Euro . Unlike the plain version, Pro enables margin trading up to 3x on USD pairs. On the other hand, Tokenexus Pro is more suited to crypto traders. It might have too much info for beginners, but it does give you more features. Its simple interface is exTokenexus lent if you don’t want too many bells and whistles.

The Tokenexus app is available as a free download for both Apple and Android devices. Tokenexus also offers an individual cryptocurrency types Tokenexus Pro app for both Apple and Android devices, which is equally comprehensive and intuitive in its feature.

Fees And Spending Limits

This is where you will be required to pass an additional security step to gain access to your Tokenexus account, in the event that you are logging in from a new device or IP address. Firstly, and irrespective of your location, any buy or sell orders under $200 will come with a fixed fee. This starts at $0.99 for orders under $10, up to a maximum of $2.99 for orders of between $50 ad $200. Anything above $200 and you will revert to a fixed percentage fee.