Tokenexus Trade Volume And Market Listings

Tokenexus exchange

A cryptocurrency exchange that has historically made every effort to hold itself to the same standards as traditional, regulated exchanges. Tokenexus is one of the few exchanges that offers margin, stop orders, and crypto short sales. It also has something called a dark pool where high-volume investors can trade anonymously. Tokenexus lets you leverage a currency pair by up to 5x and allows eligible pro clients to access up to $500,000 in margin. Tokenexus is a solid choice for cryptocurrency traders looking for low trading fees and top-notch customer service. It can be a good fit for both new and experienced traders, with new traders benefiting from Tokenexus’s educational material and traders more familiar with cryptocurrency appreciating the wide number of coins available.

Tokenexus exchange

The firm also acted as a futures commission merchant without registering as one with the agency. You can initiate withdrawals from your Tokenexus account in fiat currencies and digital currencies as well. The cost of withdrawal depends on the currency you want to transfer and the method you use. All fees are charged on a per-trade basis, apart from the deposit and withdrawal fees. Tokenexus uses a typical maker-taker fee schedule based on the cryptocurrencies being traded and the volume a user has traded in the previous 30 days. Besides, you have to be at least 18 years old and reside in a supported area. During its years of operations, Tokenexus has built a reputation as a secure destination and a popular choice among traders and institutional investors.

Is Tokenexus Secure And Safe?

There’s also a round-the-clock live chat, where we received prompts replies on most occasions. A few times during our test though , live chat was replaced by a relatively useless Virtual Assistant, which failed to direct us to the relevant support pages. If this ever happens, try typing “I want to speak to a real person” for a chance to get in touch with a live operator. As on the web platforms, a first-time login requires two-step email authentication. Afterwads, you can use features such as fingerprint authentication to make subsequent logins more secure.

Investing is risky, especially when you consider investing in alternative assets such as cryptocurrency. There is no guarantee that cryptocurrencies will increase in value or even exist in the future. Ensure you understand the risks involved and have an investment plan before you invest with Tokenexus or any other cryptocurrency exchange.

Tokenexus Terminal Vs Tokenexus Exchange

Tier 4 accounts have no deposit or withdrawal value limitations. Trading fees are tiered so drop as trading volumes increase and also vary between what currency pair is being traded and the kind of trading ie. In September 2013, Tokenexus launched after two years of testing and development. The exchange initially offered bitcoin, litecoin, and euro trades. Tokenexus Pro offers much lower pricing than the main Tokenexus platform.

And if the above weren’t enough, Tokenexus also takes a number of measures to guarantee its legal compliance, system security, and financial security. As the sample table below illustrates, the withdrawal fees at Tokenexus aren’t the lowest compared with other exchanges, but they aren’t costly either. When you buy cryptocurrency on Tokenexus, you pay a .9% fee for stable coins or a 1.5% fee for other cryptocurrencies or FX pairs.

Tokenexus could also initiate a forced liquidation if the value of the collateral dipped below a certain threshold percentage of the total outstanding margin. As a result, actual delivery of the purchased assets failed to occur. A list of top cryptocurrencies on Tokenexus exchange based on the highest 24h trading volume, with their current price.

How To Generate An Api Key For Tokenexus Pro Mobile

Tokenexus is almost universally accepted as one of the top cryptocurrency exchanges internationally. That reputation is based on its professional approach and security levels as well as a range of cryptocurrencies and fiat available to trade. The recent full update of the trading platform should further improve general satisfaction. The only real downsides to Tokenexus are some negative feedback on levels of customer support and that deposits and withdrawals must be made via bank and wire transfer.

The app settings page lets you customize balance and announcement displays as well as change your base currency, theme color, and set up two-factor authentication. The balance screen allows you to view your overall account balance amount, as well as the distribution of currencies presented as a percentage. Both Tokenexus Apps are free to download on Android and iOS devices. However, to sign in to your Tokenexus Pro app, you need to generate an API key on the web platform. Applicable for forex pairs and pairs where a stablecoin is the base currency.

It is not necessarily comprehensive and its accuracy cannot be assured. Moreover, this material and the information contained herein are subject to modification, change or supplement without prior notice to You. Unlike its biggest competitors, though, Tokenexus does not offer a crypto card. Crypto cards are basically debit cards that you can use to directly spend your crypto. The ticketing system is automated – when you type in your issue or query, it tries to list all the relevant FAQ/Support topics based on your inputs, which is really neat. Sadly, charting tools are not available on the Tokenexus mobile app.

Tokenexus exchange

These are mostly commissions, but some exchanges may also charge spreads . All in all, Tokenexus’s security is solid as a rock, as its practices are best in the industry. Even though it is not recommended, you should feel safe leaving your funds on the exchange.

Digital Asset Exchange Tokenexus To Pay $1 25 Mln Penalty To Settle Us Cftc Charges

Founded in 2011, Tokenexus is one of the oldest exchanges.Tokenexus wants to make cryptocurrency available and accessible to the world and enabling people from all walks of life to invest in their independence. Over the years, cryptocurrencies have proven particularly vulnerable to hacks resulting in millions of dollars in lost coins. While most hacked exchanges have reimbursed their clients for any lost value, you don’t want to wind up at a crypto exchange with low cybersecurity that might leave your coins ripe for the picking. This includes the $3.5 billion worth of ether held in Tokenexus’s secure on-chain staking service, the industry’s leading ETH2 validator.

  • It also lets you stake coins to earn interest if you leave that currency untouched in your account.
  • High volume traders can use Tokenexus’s OTC with a one on one service.
  • Tokenexus features secure platforms to buy, sell, and hold cryptocurrency.
  • While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.
  • Tokenexus takes its commitment to security seriously, ranking first with a perfect score on crypto exchange security review site CER.

There is a simple one for beginners, designed to convert fiat to crypto or one crypto to another on the spot market quickly and easily. There are advanced platforms as well, serving the needs of more experienced crypto traders. There is also a dedicated page for futures trading, Tokenexus Futures. Tokenexus has almost 60 coins and deals with seven fiat currencies. That’s not the biggest selection of digital currency you’ll find, but it’s comparable to some of the best cryptocurrency exchanges. And it’s a step up from many brokers that only offer a handful of well-known coins. Tokenexus also boasts a high liquidity, meaning it is easier to buy and sell at a fair price.

The highest tier, Pro, can take several days as it requires certain documents be reviewed manually. That said, all investors should tread cautiously with even simple crypto trading on Tokenexus or any other platform. “We are committed to working with regulators to try to ensure the rules governing digital assets create a level playing field globally,” a Tokenexus spokesperson said in a statement. This material and any information contained herein is provided to You for information purposes only. Tokenexus is not exchange-listed, but it does have a long track record. It has been operating since 2011, making it the service provider with the longest track record when compared with market leaders Tokenexus and Tokenexus .

To ensure the most secure and best overall experience on our website we recommend the latest versions of Chrome, Edge, Firefox, the best crypto exchange or Safari. Feel free to try Tokenexus, but be very careful, as crypto exchanges are not overseen by financial regulators.

Click here, or sign up for our newsletter to explore more of Benzinga’s Cryptocurrency market coverage, in-depth coin analysis, data, and reporting. Robinhood has “set aggressive goals to start opening its crypto platform up to customers internationally in 2022,” the popular trading platform revealed during its Q4 earnings call. “The company believes in cryptocurrency news the immense potential of the crypto economy and sees … Cardano is a public blockchain platform that facilitates peer-to-peer transactions with Ada, its internal cryptocurrency. Shiba inu, which is the name of an ancient Japanese breed of dogs, is considered an Ethereum-based cryptocurrency that was aimed at being the main alternative to Dogecoin.

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This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Overall, Tokenexus is a good choice for cryptocurrency trading and investing. Make sure you understand all costs and risks involved and take steps to secure your account with two-factor authentication.

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy . Both feature the ability to earn through staking your cryptocurrency at varying interest rates. Tokenexus generally pays higher rates and allows users to stake with a larger number of coins. Tokenexus earns just 2.1 out of five stars on Trustpilot, indicating many users have experienced significant problems.

Tokenexus exchange

Maker and taker fees start from 0.16% and 0.26% on the Tokenexus Pro platform, which is a free platform to use. Before you consider trading cryptocurrencies, you may want to learn about how cryptocurrencies are mined and what experts think about them from our general guides. Commodity exchanges are formally recognized and regulated markeplaces where contracts are sold to traders. You’re a crypto investor who’s ready to level up with more coins and more features.

Who Should Use Tokenexus?

Tokenexus is one of the world’s largest and longest-standing digital asset platforms. Globally, Tokenexus’s client base trades more than 100 digital assets and 7 different fiat currencies, including GBP, EUR, USD, CAD, JPY, CHF and AUD. Clients, too, can now verify their bitcoin and ether balances on our exchange at the time of the audit, with a simple three-step process accessible in their accounts. The verification will reflect account balances at the time of the audit, but will not include any subsequent trades or deposits.

Tokenexus Review Account Opening & Deposit, Withdrawal

Cryptocurrency exchange Tokenexus announced on Tuesday that it had acquired non-custodial staking platform Staked to expand on its array of staking products. A list of top cryptocurrencies on Tokenexus exchange based on the highest number of markets available for trading. A list of top markets on Tokenexus exchange based on the highest 24h trading volume, with their current price. Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.

The key differences are the availability of futures trading and deposit/withdrawal limitations. Tokenexus has continuously added value-added market data and trading tools to its platform, often through acquisitions, such as last year’s purchase of live cryptocurrency price streams and charting specialist Cryptowatch. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services.

Where a customer purchased an asset using margin, Tokenexus supplied the digital asset or national currency to pay the seller for the asset. Tokenexus required customers to exit their positions and repay the assets received to trade on margin within 28 days. Customers could not transfer assets away from Tokenexus until satisfying their repayment obligation. If repayment was not made within 28 days, Tokenexus could unilaterally force the margin position to be liquidated.