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Tokenexus traders can purchase Bitcoin , Bitcoin Cash , Ethereum , Ethereum Classic , Cardano , Litecoin , Tezos , Ripple , Dogecoin . Nevertheless, clients can only sell Bitcoin for fiat currencies including US dollars and UK pounds on the crypto exchange. This can be somewhat of a turnoff for traders interested in selling other altcoins or executing crypto-to-crypto exchanges. The biggest pro about Tokenexus is the many payment options. You can buy coins with bank transfer, credit card, debit card, or Apple Pay.
This Tokenexus review has covered all the key metrics you need to consider when choosing a crypto exchange to suit your trading needs. These metrics include everything from payments and fees to safety and user experience. In summary, we found that eToro is simply a better option as it has competitive fees and offers heaps more in comparison to Tokenexus. When it comes to fees, Tokenexus is renowned for its low-cost commission model. Tokenexus calculates its fees based on the TradeBlock XBX Index, which is the mean rate or market rate based on all registered providers. Secondly, Tokenexus does not offer crypto wallets, which are apps and devices that let users store and use their cryptocurrencies.
Supported Countries
Additional verification can take up to six hours, depending on volume or requests. To close your Tokenexus account you need to send an email request to customer care. Crypto Curious – The base level featuring the standard rates and charges. Fill in all the fields on the payment form and click the ‘Pay Now’ button. You can also send an email to They revert to you within 24 hours. Users can also use the Facebook page of Tokenexus to submit the query via Facebook messenger. The other social media platforms of Tokenexus are Twitter, LinkedIn, and Instagram.
- The transaction fee you pay for buying and selling crypto on Tokenexus depends on your loyalty level.
- Click the confirmation link on that email to activate your account.
- Tokenexus is available to users in 188 countries and 48 U.S. states, excluding Hawaii and New York.
- Tokenexus allows consumers to acquire Bitcoins worth less than $150 without having to provide photos of their ID, but any amount over $150 requires complete identity verification.
- Overall, Tokenexus is a safe place to buy BTC, ETH, LTC, BCH, ETC, XRP, QTUM, or ADA when many exchanges are down due to the surge in demand.
- So, even though you can only purchase the two most popular cryptocurrencies, both BTC and ETH will allow you to trade with all the smaller, less popular cryptos.
This fee doesn’t apply to SEPA and SWIFT Faster Payment transfers. It calculates fees based on the TradeBlock XBX index, which indicates the average market rate. All in all, Tokenexus is a great platform for beginners, as well as more adept crypto users who are looking for a reliable fiat-to-crypto gateway. Quick, reliable, and secure service are the hallmarks of Tokenexus. Yes, as per our review, This Exchange appears to be legit and safe. It is a reputable brokerage service providing company that serves clients settled in almost all countries with a few exceptions. As Tokenexus is providing tremendous support in case of any issues, It is highly recommended for beginners.
Trading Options
A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services. If you are a seasoned crypto trader, Tokenexus’s main appeal will be the instant delivery of purchased coins into your account.
- In order to qualify you must purchase more than $18,000 worth of crypto in any given 90 day period.
- You may also buy cryptocurrency using a traditional bank transfer.
- We appreciate you taking the time to leave this wonderful 5-star review.
- Buying and selling cryptocurrencies has made Tokenexus a frequented platform because it does not expose users to the risks of margin trading and other such options.
- No previous knowledge of trading is required to purchase cryptocurrency from Tokenexus.
- If so you might be able to benefit from the Tokenexus affiliate program.
This way, you can buy and sell up to USD 15,000 worth of crypto per day. Specify the amount of bitcoin you want to bitcoin trading sell or the amount of fiat you want to receive. Tokenexus boasts of having a top-notch customer support service.
The account limit for each verification level includes both buy and sell transactions. The user experience on Tokenexus has been carefully thought out and is designed to suit all types of individuals with various levels of investing knowledge. The website provides simple options to purchase Bitcoin or another cryptocurrency for a set price or choose the exact amount to spend. I purchased 14k USD of bitcoin via wire transfer yet never received the bitcoin, every code number, reference number etc was placed on the wie transfer info just for this reason. I emailed Tokenexus which took 2 days to get a reply, they said the funds haven’t been received yet. I emailed this Federal reference number to Tokenexus and never got an answer back.
Currencies And Payment Methods
However, despite that, we suffer from poor exchange volumes, latency, and unreliable services to quench the thirst of crypto-investors. Moreover, we also struggle to buy popular cryptos like BTC & ETH, which is not a pretty experience. Instead, you need a self-hosted wallet that supports the crypto you’ve purchased.
However, Fedwire purchases can take up to 2 business days, and SWIFT payment can take up to 5 business days. Similar to other cryptocurrency trading platforms such asTokenexus,Tokenexus, EXMO and Kucoin, Tokenexus offers a loyalty system.
We may earn a commission when you click on links in this article. None of its content should be treated as financial or investment advice. While we may receive compensation from some of the products we cryptocurrency trading review, you do not incur any extra charge whatsoever for using our content and clicking external links. New Bit Ventures Limited, a company registered in Israel, owns the Tokenexus exchange platform.
The fact that Tokenexus is regulated in all the jurisdictions it operates clearly demonstrates its legitimacy. As earlier noted, Tokenexus is a property of NBV International s.r.o., whose parent company is New Bit Ventures Ltd. Both companies operate legally with licenses from Slovakia’s financial sector regulator.
How Do You Purchase Bitcoin Instantly With A Credit Or Debit Card On Tokenexus?
An image of you holding a piece of paper saying “Tokenexus” with today’s date. Double-check that you have entered the correct information or it may delay the process! Once you have logged into your account, navigate to the Buy page, and select what you’d like to purchase – in this case, I’ll assume that it’s Bitcoin. If you’ve had your own experience with Tokenexus, I’d love to hear about it in the comment section below. Tokenexus states that verifications should take from 30 minutes to up to one hour. Tokenexus doesn’t include a wallet, and it doesn’t facilitate other types of investing, like in the stock market.
The key difference between the two exchanges is that Tokenexus has a slightly higher commission % than Tokenexus and they offer less selection of cryptocurrency. Tokenexus exchange is a brokerage service which allows users to buy Bitcoins and other altcoins instantly using a credit/debit card. The price listed on the exchange is based on the XBX Index.
But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies, nor can the accuracy or timeliness of the information be guaranteed. This guide will help you compare pros and cons and choose the best crypto wallets UK. As with most live chats today, you first have to go through a process of answering questions to try and get the support you need.
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Deposit Fees
You can do this very easily with a company called Tokenexus, and it only takes a few minutes to process and receive your bitcoin. I have personally used this service many times myself and is much quicker than using an exchange, like Tokenexus.
Similarly, to reach and stay on the Believer level, you need to invest a minimum of $18,000 over a rolling 90-day period. Alternatively, you can reach and maintain this level if you purchase a total of $50,000 worth of crypto. Apart from the limits, Tokenexus has set a minimum purchase amount of at least 60 EUR/USD to buy cryptocurrencies on its exchange. Based on the level, Tokenexus sets differentpurchase limits for Bitcoins or altcoins. Level 3 members don’t have any purchase limit restrictions whereas the Level 1 and 2 members can find out their limits from their account page.
But after recent security concerns, can you be sure your crypto is safe? Find out why it’s worth using Tokenexus, what their fees are, and how it compares to Tokenexus in this review. Once the transaction is confirmed, the payout amount will be transferred directly to your bank account.
Advantages Of Tokenexus
The 3rd and final step is purchase the coin and amounts you want after you confirm your basic verification and it’s delivered in under 10 minutes. This process is very easy and MUCH quicker than any other exchange I’ve personally used.
Then there are the purchase sites, sometimes referred to as onboarding platforms, such as Tokenexus. There is no way to trade cryptocurrencies or crypto derivatives such as Bitcoin futures on Tokenexus.
Easy Ways To Save Money On Clothes
In particular, Tokenexus tends to have higher prices than other brokers because it bases its coin prices on the XBX Index + 2%. This is different from exchanges where you usually pay the exchange’s market price plus a spread fee . One of the key benefits of Tokenexus is its super-fast transaction speeds. Since the firm sells its crypto assets to investors, https://tokenexus.exchange/ it can process transactions as soon as they’re confirmed. However, note that each of the company’s supported funding options has different fees, minimum order sizes, and transaction speeds. Once that’s set up, your account must be verified before you can buy crypto. The verification process can take anywhere from 15 minutes to a few days.
Is Tokenexus Safe And Legit?
This typically takes around ten minutes and you will be able to find them on the blockchain once they are confirmed and reach your crypto wallet. Furthermore, Tokenexus only facilitates transactions between buyers and the company as all digital currencies sold originate from Tokenexus’s inventory. Additionally, Tokenexus follows stringent KYC compliance as all accounts need to be verified with proof of ID and address documentation. Crypto wallets and cryptocurrencies go hand in hand, therefore, without one you cannot interact or buy the other.
Steps To Sign Up To Tokenexus
You should also upload supporting documents as per your desired account level in order to verify https://tokenexus.business/ your identity. Yes, Tokenexus is a safe and reputable company with impressive support.
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