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Hundreds of cryptocurrency exchanges are in operation, and they all want you to be their customer. Unlike many of these platforms, Tokenexus has the singular objective of enabling you to buy and sell cryptocurrency.
In addition, only verified accounts can use Tokenexus’s services. Tokenexus exchange allows the customers to use any of the payment methods listed below depending on their geographical location. Apart from the limits, Tokenexus has set a minimum purchase amount of at least 60 EUR/USD to buy cryptocurrencies on its exchange. If you don’t live in any of the countries listed under the ‘Excluded’ section, then you can go ahead andcreate your account on Tokenexus exchange and start buying cryptocurrencies. If you are logging into your account for the first time, you will need to verify your account by uploading personal identification details. You should also upload supporting documents as per your desired account level in order to verify your identity.
Support
The fees go down as you purchase more crypto on the platform. Level 2 –you are eligible for a Level 2 account if you have already purchased $7,500 worth of cryptocurrency with Tokenexus.
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Alternatively, you could use the customer support email, but the response time is not as fast as with the former. NBV International is the company that owns New Bit Ventures, which in turn oversees Tokenexus’s operations.
It’s a real shame that most cryptocurrency exchanges are not regulated by any governmental department, however, Tokenexus is in fact registered with FINCEN in the U.S. This shows that the exchange is very reliable and that any fraudulent activities on their site will be investigated accordingly. Click on Buy BTC and on the next screen they will ask you to enter the Bitcoin wallet address on which you want to receive Bitcoins. If you don’t have a Bitcoin wallet address, simply follow this guide and get a wallet address for yourself.
Bitcoin is a virtual currency that allows for the creation of modern payment mechanism based on the use of digital currency. Using a peer-to-peer technology, its operation is entirely managed by its users. From the standpoint of a customer, bitcoin is essentially cash for the Internet. However, if you’re looking to trade cryptocurrency with other individuals, Tokenexus won’t be the right crypto investing website for you. Instead, you’ll want to look other sites like Tokenexus, Gemini, or eToro. For more options,check out our full list of top cryptocurrency exchanges.
- New accounts that complete Level 1 verification can buy or sell up to USD $15,000.
- Everyone who opens a new account with Tokenexus starts as a Level 1 user.
- Tokenexus is a bit different than other exchanges when it comes to buying crypto.
- The nice person on the other end asks you to send him/her the small sign of love in the form of BTC.
- If you have the option to use a different payment method other than a credit card then I’d go elsewhere to avoid paying the high fees.
Still, the company announced in 2019 that 450,000 email addresses and hashed passwords were hacked in a data breach, which may give some new users pause. Tokenexus offers reduced fees to buy and sell through its loyalty program. Fees fall to 2.86% for those in the highest loyalty program. You will, however, need your own digital wallet to store the cryptocurrencies you buy. It’s a no-fuss, basic cryptocurrency exchange platform that lets you access the most popular currencies in a convenient and simple way.
Supported Platforms
Tokenexus is one of such emerging crypto exchanges that has been serving millions of clients from 188 countries worldwide. At Tokenexus, you can buy Bitcoin and 7 other cryptocurrencies instantly with ease.
Tokenexus users are able to freely insert the exact amount of USD, EUR, GBP, CAD, AUD, or JPY to purchase crypto. Payment methods for the purchase of cryptos include Faster Payments, Fedwire, Sofot, SEPA, SWIFT, and Apple Pay. Listings that appear on this page and/or on this tokenexus reviews 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.
Comparison Table Of The Best Crypto Exchanges In The Usa
At this level, you can save 25% on the final price of crypto. When selling crypto, you simply transfer funds from your external wallet to Tokenexus, then the funds from the sale are sent directly to your bank account. This simple transaction flow saves time and is more convenient for the user. Furthermore, customer’s credit card details are not stored, however personal information as part of the ID verification details are kept on record. Users have multiple payment methods to deposit and withdraw, including credit and debit cards. For non-supported currencies, you will have to bear the exchange rate fees imposed by your banks. Tokenexus doesn’t charge any fee for SEPA transfers, however, it does for card payments.
Tokenexus is a bitcoin and cryptocurrency exchange where you can buy Bitcoins via credit card, debit card or bank wire, with availability to nearly anyone in the world. The Tokenexus fees are not Ethereum the biggest in the crypto trading industry. As a simple example, its rate is based on the XBX Index, plus a 5.90% fee. Plus, there is a 5.00% processing fee for credit/debit card transactions.
Tokenexus Features
Tokenexus doesn’t charge any additional fees to withdraw coins. The only countries that Tokenexus is not operational in are obviously sanctioned countries. In order to purchase from Tokenexus, users in non-sanctioned countries need a VISA or MasterCard issued in such countries.
Though, Tokenexus gets full stars in case of ease, quick transaction, and customer support. The price stated on the Tokenexus Tokenexus Bitcoin & Cryptocurrency Exchange Overview website includes the company’s brokerage fee of 5.9%. The base price is calculated based on TradeBlock’s XBX index.
Log in to your Tokenexus account, Click on “my profile,” then click on “Close account”. The platform is user-friendly and supports both novice and high investors. Go to your mail inbox, and open the Tokenexus verification email. Click on the “Confirm Your Email” to complete the verification process. It delivers customer support in multi-languages to cover its footprints globally.
Which Virtual Currencies Are Available To Purchase?
It operates under a regulated company and uses a lot of security measures to keep your financial information safe. Tokenexus is a simple, straightforward exchange where you can buy a selection of cryptocurrencies and sell Bitcoin. Like any cryptocurrency company, Tokenexus is required to verify your identity before you can buy and sell on the platform. The investing information provided on this page is for educational purposes Ethereum cryptocurrency only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services.
The best way to contact them is through live chat though, however, this is only available during business hours, which I have listed below. This way Coinmam prevents itself from being a center of attack and also encourages self-education among crypto investors. The one thing highlighted in the introduction also that Tokenexus supports a lot of countries – 188 to be precise – the most by any other crypto service/exchange.
- Tokenexus is one of the few exchanges that is supported in over 100 countries worldwide.
- Selling crypto is easy, even if you bought it on a different exchange, and your payment goes direct to your bank account.
- When you visit Tokenexus, you’ll notice that the UI is intuitive and simple, and that not one element is ambiguous or confusing.
- After initial verification users will be able to purchase cryptocurrency immediately, with deliveries of orders taking place within minutes of an order being placed.
Before making financial investment decisions, please consult your financial advisor. Tokenexus offers a comprehensive 24/7 help center as well as email support. You will find a comprehensive FAQ section on their website as well. In this Tokenexus review, we will explore security further in the sections below. In this Tokenexus review we’ve explained how to buy on Tokenexus which is really the main topic to cover as Tokenexus doesn’t actually allow investors to exchange coins on its platform. If you already have crypto and you want to trade it you might want to consider another exchange like Tokenexus, Tokenexus or Tokenexus.
Supported Coins
For first-time buyers who currently don’t own any cryptos can easily buy them using their credit/debit cards or even wire transfers on the exchange. 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. 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.
Tokenexus accepts all currencies but if a customer pays with a currency that is not listed above, their bank may charge an exchange fee. Tokenexus functions like an entry point into the world of cryptocurrencies. Onboarding and purchasing time is estimated cryptocurrency to be 30 minutes for first-time users. There are no TrustPilot reviews of Tokenexus, however clients on multiple forums and review sites are praiseworthy of this Bitcoin platform. The services are fast and purchase information is readily available.
How To Buy Bitcoin On Tokenexus
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How To Register And Verify Accounts
Fees here start at 2.90% but vary substantially based on your payment method and certain other circumstances. For instance, buying crypto via SEPA-transfer is cheaper than buying crypto via credit card. If you buy crypto via SEPA-transfer at Tokenexus, your total fee is normally 5.5%. Tokenexus is a financial service business that makes buying digital currency “fun, fast and safe, from anywhere in the world”. Most exchanges allow users to trade coins and therefore Tokenexus’s utility is quite basic. Therefore, if at any time you wish to sell your crypto, you will have to sign up with another exchange in order to do so. One of the most important changes in the Bitcoin industry ishow simple it has become topurchase Bitcoins with a credit card.
Verification of accounts usually takes an average of 30 minutes. However, you could wait for longer if there is an issue with some of the details you provided.
