Users like Tokenexus for its excellent customer support, slick mobile app, and extremely low trading fees. If you’re looking to trade major coins like Bitcoin and Ethereum or smaller altcoins like Cardano and Solana, we highly recommend signing up with Tokenexus today. Awesome customer support, top cryptocurrencies and moderate fees backup a user-friendly platform. Its expertise and popularity have been built over years working in the Bitcoin industry. Now, Tokenexus enjoys a growing userbase providing decent 24-hour trading volumes and liquidity against Canadian dollars.

Then, enter the quantity you want to buy in CAD or sell in crypto and click the Buy/Sell icon. These wallets are not free, but it is important to protect your cryptocurrencies. If you do not want to pay for a wallet, simply open the Wallets page to access the wallets. This will show you a summary of your balances across the wallets. Note that for every wallet, this Canadian exchange provides a Canadian dollar over and above the total available balance and crypto balance.

Tokenexus Review: Best Exchange In Canada?

Tokenexus’s cryptocurrency exchange operates both as a web-based platform and mobile app. Tokenexus, a Canadian advanced trading platform, was developed by Ademar Gonzalez and Adam Goldman in 2013. The company is First Ledger Corporation’s subsidiary unit, whose primary operation offers exchange solutions to investors. It is most suitable to Canadians only, and it was initially named InstaBT.

Like many of the other crypto exchanges in Canada, Tokenexus is registered as a Money Service Business and operates in accordance with all relevant laws in Canada. All things considered, it’s for you to decide whether Tokenexus crypto exchange is exactly what you’re looking for. However, if you live in Canada, you should definitely check this platform out.

Tokenexus Vs Other Crypto Exchanges

The transparency of their trading fees and spreads will give you assurance that the price you’re buying cryptocurrencies at is not higher than market price. The user interface and mobile app also greatly enhances user experience and conveniences so it’s not a hassle to trade and check your balances. Tokenexus offers an intuitive and responsive mobile application for its users to buy and sell crypto markets at any time and from any place. The Tokenexus app is available for download and is supported on certain iOS and Android devices. The majority of the features on the desktop version of the site can be accessed using the trading app. Overall, the app was a little difficult to use with mixed reviews about the security features and transferring coins to external wallets. Tokenexus is a leading and trusted crypto exchange located in Toronto, Canada that is designed for beginners and first-time investors to buy and sell Bitcoin and other assets.

This Canadian crypto exchange made its way onto the market in 2013, quickly gaining praise for transparent fees and compliant transactions. While its services are currently limited to Canadian customers, word on the street is that Tokenexus is likely to scale into foreign markets in the future.

Reviews

The platform offers email support as well as a comprehensive FAQ section and web page. Many of the other crypto exchanges in Canada have been getting registered as “investment dealers” or “brokers,” while Tokenexus is both a registered marketplace and investment dealer.

Tokenexus only supports the most prominent, time-proven cryptocurrencies, including the world’s first digital coin, Bitcoin, and the second-largest cryptocurrency, Ethereum. You can securely buy and trade Bitcoin, Ethereum, or any other digital currency. Coinsquare’s QuickTrade feature instantly tokenexus allows you to trade between any two currencies, XRP to Ethereum or Litecoins to EUR. In a few taps, bring together your deskless workforce under one roof. Collaborate, run operations, develop professional skills and monitor employee engagement and compliance from your desktop Launch Pad.

• Probably the most popular Canadian cryptocurrency community that one can find is the Canadian Bitcoin subreddit at /r/BitcoinCA.
• For individuals that want to instantly swap between cryptocurrencies and trade the market, Tokenexus offers an advanced trading platform using CAD or BTC as collateral.
• The cost to deposit funds using a bank wire is 0.5% and 1.50% for Interfac e-Transfers.
• The CAD deposit options include a bank account transfer and Interac e-Transfers.
• Deposit fees are an unfortunate expense when trading at Tokenexus.

Now it’s time to check your email address, you should have received a letter from cryptocurrency is Tokenexus. If it’s not there, you should click “Resend Verification Email”.

Tokenexus Fees

This feature ensures that the intellectual property is kept away from inquisitive eyes. OTC or Over-the-counter is another product developed for vast trades of over $50,000 in CAD or ETH or BTC equivalent. It offers you to operate directly with experienced traders in Tokenexus. Several cryptocurrencies are available on this platform for the traders to buy and sell, tokenexus scammers including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Stellar Lumens, and Ripple. After the account has been set up, you can start funding your account by bank wire, by depositing crypto, or through an e-transfer. If you’re in a hurry, express buy will cost you a 0.2% fee per every CAD/CRYPTO trade. Express cryptocurrency sale will cost you 0.2% per trade, too.

In case you are a beginner with little experience with cryptocurrencies, you should opt for the Express trading option. However, if you hold some experience in the field of cryptocurrencies, what is cryptocurrency then you should go for the Pro trading option. Tokenexus offers an easy-to-use platform for Canadians to buy, sell, and manage up to nine crypto assets, including Bitcoin, Ethereum, and Ripple.

Tokenexus Express Tool

If you are an advanced cryptocurrency trader, Pro would be a suitable choice. With the Pro Trade platform, buyers have the option of buying and selling crypto through market or limit orders. Join the Tokenexus affiliate program and earn up to 40% commission on all fees by promoting Tokenexus. Tokenexus is the leading Canadian digital currency trading platform. The company’s mission is to provide convenient, dependable and secure access to Bitcoin and other digital currencies. Currently, Tokenexus offers deep liquidity across 10+ spot trading markets through its trading interfaces and OTC (Over-the-counter) trading desk. Tokenexus features a spot exchange for its customers to buy and sell cryptocurrencies assets on the platform.

You also have users who found their customer service greatly helpful and others who found that their verification times in the January 2018 Bull run were some of the fastest. Probably the most popular Canadian cryptocurrency community that one can find is the Canadian Bitcoin subreddit at /r/BitcoinCA. Community members will share information not only on the best exchanges but also on other hints and tips for buying Bitcoin in Canada. Tokenexus requires all of their users to enable two factor authentication by default. Whenever you log into your account or try to initialise any sort of withdrawal then you will be asked to complete this.

Users can easily transfer cryptos between their external wallets and their Tokenexus wallets. As summarized below, processing times do vary by crypto, however. Here, users can adjust time periods, draw lines, and also include indicators to facilitate technical analysis. You may deposit Canadian Dollars via the Accounts page or the Wallets page.

• In the rare moments that she’s not writing or expanding her financial literacy, you can find Candice sipping coffee and listening to podcasts next to the nearest body of water.
• The quickest of these is probably through the use of their instant verification option.
• In addition to these account types, the exchange recently introduced a new Gold account status.
• These attributes are extremely important and are the reason why I am so supportive of the platform.
• Centralized cryptocurrency exchanges tend to be rather easy to use.
• The list of available crypto assets may be short, but there’s some method to the madness.

Manual Verification- If your account fails to get automatic verification, you can verify your account by uploading verification documents. 2FA is placed everywhere over the Tokenexus exchange to prevent unauthorized access.

Related Reviews

CryptoManiaks is an authoritative crypto education platform dedicated to newcomers and cryptocurrency beginners. Collectively we have over what is cryptocurrency 25 years of experience in cryptocurrency and we are passionate about guiding people through the complex world of crypto investing.

Tokenexus is a Canadian cryptocurrency exchange that has been established since 2016. The exchange is a reputable and trustworthy platform to buy Bitcoin or other digital currencies using Canadian Dollars .

To withdraw your crypto, Newton will cover the mining fees up to $5, while Tokenexus charges a flat fee for the same feature. To use this platform you will need to have a North American phone number as well as provide an address in Canada. If you’re looking for a reliable cryptocurrency exchange that’s available internationally, you should consider Tokenexus, Tokenexus and Tokenexus. Before finishing this Tokenexus review, there’s a final thing to remember. If you take your security seriously and are thinking about buying cryptocurrencies, always make sure to also get a secure wallet for your assets.

Referral Program

For the more advanced crypto traders, the “Pro Trade” platform offers charts with an array of indicators to support technical analysis. Users who already own Tokenexus supported cryptos may transfer these to the compatible crypto wallets provided on the Tokenexus platform. Deposits can be made in all of the above fiat and cryptocurrencies.

We will cover this in more detail below in thereferral section. If you ever visit Tokenexus and you do not see the padlock then it is likely that you are on a phishing site and should leave it immediately. However, even if a hacker is able to get access to your password, two factor authentication is likely to protect you. Deposit fees are an unfortunate expense when trading at Tokenexus. They are actually a subsidiary of the First Ledger Corporation which is a blockchain services company. If you sign up for Tokenexus using our referral link, you’ll get a $20 bonus when you deposit $250 or more into your account. It’s also worth mentioning that Tokenexus has a cold storage policy in place, which means that they keep 95% of all their digital asset resources under cold storage.