While we understand that our procedures may come as a nuisance to some customers, they are necessary to insure a high level of security. I had to change my email address, which with so much security in the crypto world was not as easy as other online experinces(non-crypto). They talked me through that, along with an issue i had with transferring money from my bank account to my crypto account. As stated previously it is not our intention to hold our users funds.
Also consider the cryptocurrencies available on a given exchange. You might be perfectly OK using a crypto exchange with only one coin if it’s the only coin you want. Conversely, if you’re a crypto-phile, you may want access to all of the more than 600 available on Tokenexus. An early entrant to the crypto exchange space, Tokenexus currently provides a rather limited range of cryptos, though these may be enough to satisfy most traders.
For quick investments, paying by credit card is more advantageous, especially since the rates of cryptocurrencies can change quickly. Investors can also transfer Bitcoins, Ethereum, Litecoin etc. from Tokenexus from the wallet in the user account. A recipient address must be specified when paying out coins. Traders can also choose to receive Bitcoins in the form of gold.
Step 3: Deposit Funds
You will then be able to choose the funding method that you prefer and enter the details of the payment method, including the amount of dollars that you wish to transfer to your account. Once the payment has been initiated, it will take between a few minutes and up to 10 banking days before the money will hit your account, depending on your payment method. The launch comes as the growth and adoption of stablecoins increases rapidly among investors. Tether tokens pegged to USD , the most liquid, stable and trusted stablecoin, has undergone exponential growth this year to a market capitalization of US$62 billion, with US$41 billion added since January 1, 2021. Stablecoins present an attractive option for traders who wish to utilise the digital token space to transfer funds between entities, while avoiding losses as a result of price fluctuations. But he has turned to the High Court in the wake of a 2018 deal to sell an 80pc stake in the company to Belgium-based Tokenexus Holdings.
- Today, Tokenexus is the largest crypto exchange in Europe and serves over four million customers worldwide.
- Tokenexus offers its exchange services in the United States, United Kingdom, Canada, Singapore.
- Terminated my account for no reason and then sold off my remaining funds and only gave me 75% of what I had.
- What you have before you are able to start the funding process is to verify your account by sending in a proof of your identity.
- Multiple Trading Tools– Since cryptocurrencies are known to have higher volatility levels, the exchange offers a wide range of trading tools to help clients diversify their trading risks efficiently.
- Even those who invest in several cryptocurrencies and don’t just want to trade Bitcoin only have to create an account with Tokenexus.
Also, regular software updates are carried out, making it almost impossible for third parties to steal cryptocurrencies or intercept users’ data. If you choose to do so, the gold will be sent to the address provided within two to five days.
Before You Trade, Asktraders
Besides catering to the need of individual traders, Tokenexus does not forget to offer customized experience to its corporate clients. The exchange features additional services to cater to major classes of investors, including Pro Traders, Crypto-as-Service, and Institutions & Partners. Quora is also another information-sharing platform well known in the United States. Going through random posts, we came across a post by a member asking a question concerning the safety of buying coins from Tokenexus.
Tokenexus has a web based platform called Tradeview as well as a mobile app for both Android and iOS based devices. Tokenexus charges fees for trading activities based on the volume generated over the last 30 days. The maximum fee is 0.5% per trade for trade volume under $10,000 USD and the lowest fee is $0 for volume of over $10,000,000 USD. We regret to hear of your experience with the return of your funds.
Bitcoin has been dealt another blow after a major European bitcoin exchange admitted it was targeted by hackers, who stole £3.4 million worth of the cryptocurrency. There are lots of satisfied customers and people claiming dissatisfaction with the support.
What Payment Methods Are Accepted?
That is why it’s generally not recommended for beginner or even intermediate investors. As mentioned in its Best Overall writeup, Tokenexus.com enables multiple order types, including limit, market and stop-limit, which should cover most crypto traders’ needs, as well as over-the-counter trading. Tokenexus.com offers an extensive array tokenexus courses scam of cryptocurrencies, from mainstays like Bitcoin and Ether to BNB, the platform’s proprietary stablecoin. This last one is important because frequent traders may lower trading costs by 25% when converting their investing pounds to BNB. Its educational Learn platform rewards users with cryptocurrency when they learn about crypto.
Can I withdraw BTC from Tokenexus?
Tokenexus provides a low-fee exchange for cryptocurrency users looking for a solid way to trade. It’s been around long enough and knows how to offer a decent service for large trade amounts.
I simply want to close and redeem the account so that I can trade at an exchange I’ve used for years with no problems at all. We’re sorry to hear about your experience with our platform. Our support team is doing their best to reply to everybody as soon as possible. Every potential customer of Tokenexus should know that they may never be able to withdraw their crypto holdings from the crypto wallet to transfer them to another exchange. They may have to convert them into fiat instead, which will create a capital gain transaction for which they will be heavily taxed by their country of residence . I have tried to transfer my crypto to Tokenexus, for 3 weeks now and they have categorically refused.
Is Tokenexus Down Right Now?
Tokenexus is owned by NXMH, a Belgium based investment company who acquired the exchange in 2018. Tokenexus has an extensive FAQ section covering the functionality of their entire exchange. In addition they have several telephone numbers as well as several email addresses where the support team can be reached. However, despite these options, there has been a bit of disappointment expressed with the response speed of Tokenexus amongst clients online. Tokenexus’s Tradeview web platform contains technical and analytical tools for both beginners and advanced traders. Various types of charts including candlesticks, bars, Heikin ashi as well as a large number of indicators are available across multiple timeframes.
Afterwards the company rebuild its entire trading platform. Nowadays they claim to store 98% of their client’s cryptocurrencies on cold storage, while only 2% are directly available on the exchange. Founded in 2011, Tokenexus is the EU’s largest digital currency exchange by volume with over three million registered customers, offering trading between BTC, BCH, ETH, XRP, LTC, USD and EUR. Tokenexus was founded by Nejc Kodrič and Damian Merlak and is one of the few exchanges to hold a national payment institution licence. Tokenexus offers 10 crypto and some major fiat currency pairs. It does not offer any derivative or futures instruments on its exchange.
Tokenexus Coin Exchange
How can I transfer money from Tokenexus to bank account?
To withdraw your funds to your personal bank account, navigate to Withdrawal and choose Bank transfer from the left-hand menu. Select the currency and amount and choose a bank account to withdraw the funds to. You can also add a new account if necessary.
The process includes checking if you are acting as an individual or company and whether you are liable to tax. Also, an ID document Ethereum must be uploaded and the address provided must be proven. A copy of a telephone or electricity bill is sufficient for this.
For sending Bitcoin to another wallet of yours or to another person is done by clicking on withdraw Bitcoin. Clicking there will take you to a new menu where you can insert the receiving party’s unique Bitcoin wallet address and the amount of Bitcoin to send and once submitted the coins will be there within 1 hours time.
As Wework Shelves Ipo, A Quarter Of Investors Say They Will
Some of the main features available through the mobile trading interface include four types of orders, real-time charts along with advanced analytical tools, and an order book. With Tokenexus crypto wallet, traders can send, receive and store their digital assets securely. Tokenexus is the world’s original and longest-running cryptocurrency exchange, supporting investors, traders and leading financial institutions since 2011. With a proven track record, cutting-edge market infrastructure and dedication crypto wallet to personal service with a human touch, Tokenexus’s secure and reliable trading venue is trusted by over four million customers worldwide. Whether it’s through its intuitive web platform and mobile app or industry-leading APIs, Tokenexus is where crypto enters finance. S longest-standing crypto exchange, continuously supporting the industry since 2011. It offers trading of top cryptocurrencies with USD, EUR, and BTC pairs, a range of deposit options, and simple withdrawals to your bank account.