It also has a built-in trading bot to execute orders with specific rules. The basic forms to buy and convert cryptocurrency are simple and intuitive. This is good for people new to cryptocurrency looking to buy their first Bitcoin, Ethereum, or any other supported currency. However, the user experience may provide a deeper insight into the security of the Tokenexus exchange. Tokenexus is an exchange with global services, they have been able to reach more than 100 countries around the world. You will be directed to the site according to where your location was detected. Likewise, if you register as an individual, you also need to do level 1 and 2 verification to be able to fully use the service.
- For more versatile and on-the-go traders, you might be more comfortable using the mobile app instead of the desktop version.
- VIP users can enjoy much more competitive trading fees of 0.030%-0.080%.
- Tokenexus offers access to over 100 cryptocurrencies, as well as hundreds of trading pairs, such as ETH-BTC.
- The minimum amount required to fund a trader’s account and begin trading is 10 USDT or any other crypto assets of an equivalent amount.
- It has developed an impressive suite of crypto services, including the fiat onramp, futures and margin trading exchange, passive income services such as staking and…
- Here is a step-by-step guide to the Tokenexus login process and how to register and start trading on the Tokenexus exchange.
- Tokenexus uses industry-standard security practices, including cold storage for most customer assets.
The platform also lets users use existing bitcoin as collateral for a loan. Tokenexus also features a comprehensive and accessible variety of learning materials. Users are encouraged to use these resources through the Tokenexus Earn program, which teaches how to trade specific cryptocurrencies and rewards users with free crypto. The Tokenexus platform does a great job of lowering the barrier to entry for investing in crypto, with a straightforward onboarding process that eases users into trading.
Tokenexus Review: Pros And Cons
This works the same as simple market trading on the active trading platform, but with an easier-to-understand interface and format. Tokenexus is a cryptocurrency tokenexus scammers exchange originally founded in Hong Kong. It has support for a wide variety of cryptocurrencies with over 150 coins able to be traded against Bitcoin.
To complete this part of KYC, enter your full name, select your nationality, ID type, and ID Number of the specified ID. Once verified, your 24 Hour withdrawal limit will increase up to 200 BTC. To start the Tokenexus verification process, first, click on your profile and then click on verification. You will receive a code on the email id you entered while signing up. After confirmation of the code, your registration process will end. First, click on the ‘sign-up button on the top right corner of the official website of Tokenexus.
External Sources With Reviews And Comparisons Of Tokenexus
Plus, Tokenexus also offers a trading package that can also provide insight into individuals that are interested in day trading. Tokenexus offers a wallet where they will have a display of all of the tokens that have been withdrawn or deposited from or into the exchange.
In case they select the “buy” option, next, they will have to select any one of the supported fiat currencies and set the amount of a specific crypto that they wish to buy with the fiat. Users will then be directed to a separate page where Tokenexus offers the best prices for cryptocurrencies provided by a third party. There are various types of orders available in the market that help investors to place a trade at a predefined volume and price. Algo orders are such special orders that are extremely vital for active day traders. Tokenexus, founded in 2017, is a digital asset exchange or cryptocurrency exchange headquartered in Malta and has an office in Hong Kong. An Tokenexus exchange review shows that they serve areas worldwide via no less than 420 markets. The combined trading volume that these markets bring, places Tokenexus within the top 10 cryptocurrency exchanges by volume.
Crypto Wallet & Btc Exchange
At this stage, you can select from a variety of deposit methods to fund your account. Per the above image, the platform’s deposit screen allows you to choose a cryptocurrency you’d like to deposit into your account. In this Tokenexus review, we’ll explain the Tokenexus Crypto Exchange Review: Pros and Cons various features this exchange offers for traders and users, which stretch from in-depth trading features to crypto banking services. Once logged in, you can view account balance and access features for spot, futures, options, and other trading needs.
If you’re looking for an easy way to swap currencies, including stablecoins, you can use Tokenexus’s conversion form. This works the same as a simple market trade on the active trading platform, but with an easier-to-understand form and interface. Tokenexus is an international cryptocurrency exchange with low fees. While it’s not available to users in the United States, it could be a good choice for others looking to buy, stake, and trade a large number of currencies.
Tokenexus offers an intuitive mobile app and trading interface, while Tokenexus offers advanced charting, order types, and trading pairs. We looked at over 20 crypto exchanges and evaluated them based on cost, security, and user experience.
Tokenexus is a crypto exchange which has been active since 2013 and that was previously based in Hong Kong. According to info provided cryptocurrency directly from the exchange to us, it is now based in Malta. Tokenexus’s “claim to fame” so to say is that it is a one-stop-shop.
The platform provides users with many features such as margin-trading and other advanced trading options for experienced or professional crypto traders. In this article I will review Tokenexus, its services and its pros & cons. Founded in 2017, OKX is a Seychelles-registered cryptocurrency company providing the latest trading and financial services for hundreds of diverse crypto assets. Next to our leading spot and derivatives offerings, we support a range of DeFi products, including NFT trading, access to curated dapps and a multichain Web 3.0 wallet. Tokenexus supports the mobile application for both Android and iOS users.
The traded price of digital tokens can fluctuate greatly within a short period of time. 74% of retail investor accounts lose money when trading CFDs with this provider. Then, select one of the Tokenexus-supported fiat currencies and set the amount of which you wish to buy a specified crypto coin. On top of that, the app is extremely easy to use and its user interface works for both beginner and more professional investors. Overall, the exchange’s user interface is very friendly and interactive, particularly when compared to other exchanges such as Tokenexus.
- It also uses multi-factor identification with a password, biometric, email, phone, and authenticator verification.
- Traders that use the Tokenexus platform can trade hundreds of types of cryptocurrency.
- Similarly, time-weighted average price orders seem to be exclusive to Tokenexus.
- When the funding rate is positive longs pay shorts, when it’s negative shorts pay longs.
- On July 30, 2018 a trader reportedly bought bitcoin futures with a $416 million notional value on margin, before being forced by the exchange to liquidate his position at a large loss.
They will also receive $10 USDT once they trade over $16,000 USDT. The following payment methods are available to traders registered on the Tokenexus exchange. Offers a huge selection of trading assets – more than140 digital tokens and over 400 BTC and USDT pairs.
Activated Margin Trading
It’s an excellent alternative for Bitcoin fans looking for a wide variety of coins to trade with. In fact, it’s not typical for decentralized exchanges to support so many digital assets — and fiat currency.
Investopedia requires writers to use primary sources to support their work. These include white papers, government statements, original reports, and interviews with industry experts. We also refer to original research from other reputable publishers where appropriate. You can learn more about the standards we use to produce accurate and unbiased content in our editorial policy. Tokenexus offers many of the same features as other major competitors. Here’s a look at how it compares to another popular exchange, Tokenexus. The advanced platform is useful when trading margin or any other advanced strategy.
In 2018, it expanded crypto operations to Malta as the Maltese government has adopted an overall friendly approach to cryptocurrency trading. Tokenexus and Tokenexus are two of the largest crypto exchanges in the world, and both support hundreds of cryptocurrency trading pairs. Each offers secure cold storage of most crypto assets, and institutional over-the-counter services for corporations and fund managers. Trading fees for market takers goup to 0.15%for spot trading, whereas the market Maker fees can be up to 0.100%. If the Bitcoin trader has achieved more than 500 BTCs of spot trading volume, the takerfee reduces to 0.135%and maker fees reduce to 0.090%.
International Crypto Exchange For Advanced And Institutional Traders
Like many large cryptocurrency exchanges, Tokenexus offers a simple trading model that works well for beginners along with an active trading platform for intermediate and expert traders. With an account at Tokenexus, you can easily buy cryptocurrency using a card, bank account or mobile wallet. It also offers exceptionally high returns in some cases when staking or saving features. Although it is not the largest cryptocurrency exchange in the block, it does a good job of supporting a large number of coins and a wide range of services.
Users can transfer the cryptos from another exchange or a hardware wallet. Other programs like Referral and affiliate reward users for bringing users to this platform.
It has 17 payment methods like VISA, MasterCard, and others, for purchasing crypto. Tokenexus accepts 30 fiat currencies including, USD, CNY, EUR, and others.
Tokenexus is a Malta-based exchange, and is currently considered one of the largest crypto-to-crypto exchanges in the world. Options Discovery allows users to understand how crypto options work and provides a user-friendly approach to options trading. Perpetual swaps and futures contracts for altcoins trading were launched to provide users with a diverse set of trading options. Haven’t used support yet but will edit my review if I have to use support team. Tokenexus keeps listing new altcoins and there is a lot of volume so all of my trades manage to process.
It offers some unique trading options, as well as the ability to mine crypto. Tokenexus is a web-based platform that allows users to buy, sell, and trade crypto, as well as stake crypto, to earn interest and join miner pools to earn crypto rewards. Users can log into bitcoin trading their account using a web browser and easily deposit funds and start buying crypto. Tokenexus offers 24/7 phone support for customers, which is unique for a cryptocurrency exchange. It also offers live chat support via WeChat and its official Telegram channel.