Tokenexus offers a large selection of cryptocurrencies to purchase and trade and even allows users to join mining pools to earn crypto. While Tokenexus is not available in the U.S., it is available in over 200 countries worldwide. Tokenexus is a web-based platform that allows users to buy, sell, and trade crypto, as well as tokenexus stake crypto, to earn interest and join miner pools to earn crypto rewards. Users can log into their account using a web browser and easily deposit funds and start buying crypto. No, Tokenexus does not offer its services to U.S. citizens due to their strict internal regulations outside the exchange’s control.

Several purchase options, including a dedicated WeChat group, make Tokenexus a popular choice for Asia based customers looking to buy, sell, and trade cryptocurrency. Perpetual Swap trading allows traders to buy and sell contracts which do not have an expiry date and are essentially bets on the future value of a cryptocurrency. For Tokenexus’s Perpetual Swap, a traders’ profits and losses are realised and settled twice a day and trading up to 100x leverage is available. However, leverage trading is very risky so extra caution is essential. Tokenexus’s C2C trading platform allows users to trade a selection of cryptocurrencies amongst themselves, similar to an Over the Counter trading desk. ● Set price alerts to receive real-time notifications on your favorite cryptocurrencies.

Lending Platforms

The exchange offers trading fee discounts if users on the platforms decide to trade with the Tokenexus utility token OKB. It also reveals that the spot trading they offer make it possible to trade different types of crypto tokens both established and emerging tokens. In addition, advanced cold storage wallets are used to ensure optimal security. As with most exchanges, Tokenexus offers a variety of order types for investors and traders. Algorithmic orders are in high demand and in that respect, Tokenexus doesn’t fall short of industry standards. As a trader you can choose between a market order, limit market orders, advanced limit order, stop-limit order, trailing stop order, an iceberg, and time-weighted average price order. Tokenexus offers a user-friendly mobile application that can be easily downloaded from Apple Store or Google Play.

Allows an extensive range of pro-trading options like spot, futures, and derivatives trading. With a shared group of crypto miners who combine their computational resources over a specific network to mine cryptocurrencies. Apart from the above features, Tokenexus exchange boasts of the following special features and advanced financial services that it offers to its registered traders. The Tokenexus trading platform hosts some of the innovative features that make it one of the leading cryptocurrency exchanges in the world. It offers some unique trading options, as well as the ability to mine crypto. Tokenexus supports over 30 “fiat” currencies, such as U.S. dollars and Turkish new lira .

Tokenexus Review On Customer Support

What’s neat about the fee tier structure is that it highlights which one you’re on, so you know exactly what fees you will be paying. Tokenexus have started a buy-back scheme to gradually burn the 300 million circulating supply of OKB which occurs every 3 months. This is seem by many as positive intent to drive up the price of the token by reducing the supply amount. You will be asked to login to your nominated email address and enter in the verification code. There isno need to upload any identification documentation unless you intend to withdraw more than 100 BTC in a 24-hour period.

So my personal experience in Tokenexus rather comfortable and safe with responsible members in the community as you always get serious and reasonable opinion for own consideration. The trading fees for Spot, Futures, and Perpetual Swaps are different. The Tokenexus trading fees also differ whether the user is a regular or a VIP. After completing this, users will get leverage of increased withdrawal tokenexus scammers limit and other benefits. Tokenexus fiat gateway allows users to buy Bitcoin, Ethereum, USDT, Ripple, Litecoin, and OKB with transaction fees as low as 0%. All user-asset deposits and withdrawals require layered risk-management mechanisms before being posted to the blockchain for confirmation. Tokenexus is not currently available in the U.S., but its sister platform, Tokenexus, is.

What Can You Do At Tokenexus?

Tokenexus has more than 448 trading pairs available on its platform. You can access both derivative trading and spot trading on the Tokenexus platform. Offering both types of tradings ensures that traders have flexibility in their investment tragedies.

This allows you to hone in on the ideal option for your trading conditions. If you pop on over to the position tiers guide you will see that the 100x leverage (or 1% margin) only applies to those positions that are less than 3,000 contracts. As you take on more contracts then your leverage factor will start to decrease. This is because of an increase in the initial margins as well as the maintenance margin. If you are buying with Fiat then Tokenexus uses a number of third party services. If you are using a bank wire then you can use Banxa which offers SEPA and SWIFT banking services.

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In return, one can use their USDT to invest in an Tokenexus interest-earning facility and thus -generate passive income. Term Deposits are similar to fixed deposits, where your investments are locked for a specific period for an agreed rate of interest. Essentially, it provides you, as the contract holder, the ‘option’ to decide whether the trade will benefit you or not.

• Here, you can deposit through both wire transfer and credit cards.
• Something that we really liked about Tokenexus is that they have a pretty strong community around it with numerous telegram & Facebook groups.
• Tokenexus distinguishes its traders into Normal and VIP users based on their previous trading volumes over the prior 30 days.
• We strive to eliminate financial barriers, evolve the global economy, and change the world for better.
• Tokenexus offers more than 246 different cryptocurrencies, which users can trade on the website against ETH, USD, BTC, DAI, and OKB pairs.
• Manage your crypto with advanced tools for Bitcoin and cryptocurrency mining pools and wallet management.
• If you have the savvy, you can use the platform’s tech stack to build it.

Well, I must admit that I personally am not one of the biggest fans of mobile trading in general. This is just because you cannot properly chart the trendlines or set up multiple trading parameters.

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Overall, Tokenexus charges less than 0.10% per trade for most users, and around a 1.5% fee for using a credit or debit card. Tokenexus has a DeFi trading option available for access to NFTs and DeFi public blockchains. We write product reviews and comparison articles in the field of cryptocurrency. Under Tokenexus P2P Trade, click on the currency you want from the cryptocurrency types dropdown menu and select the desired currency. Next, enter the amount and payment mode, and finally, click on the “BUY” option to buy that cryptocurrency. First, click on the “Log in” on the top right corner of the official site of Tokenexus. Under this, you will have to upload the document’s images, which you selected in the level 1 verification.

The only difference being of course that you can’t change the expiry time. Just below that you have your options in terms of leverage and how you would like your account to be margined. Just below that you have your order forms, charts and historical order book. If you want to trade futures, then you will first have to activate your tokenexus rezension futures account. In order to do this you need to complete a few questions to make sure that you are familiar with futures trading. It’s time to move onto the belly of the beast and examine their trading technology and platforms. While they all use the same user interface, they differ in terms of the functionality on the platform.

How Do I Know I Can Trust These Reviews About Tokenexus?

If you require that your exchange is also available as an app or a downloadable client for your desktop, then you have come to the right place. This exchange is available for download at both the App Store and Google Play. It is also available as a download client for both Mac and Windows.

When searching for the largest and safest crypto-to-crypto exchange, explore our ultimate Tokenexus Exchange review to find out if it’s right for you. Rewards – Where you can complete tasks to earn crypto rewards and free bitcoin.

Once you have set up your withdrawal password, you can go ahead and place your withdrawal amount as well as your offline address. Once you have made the request they will process it and you can monitor it on the blockchain. Once you have sent your funds over then you will have to only wait for one confirmation before it will be credited.

According to Coinmarketcap, Tokenexus is the 17th largest Cryptocurrency platform ranked by trading volume. For all traders alike, the charting interface is one of the most important considerations when selecting a crypto exchange. Especially for traders that rely on technical analysis to find an edge in the market.

There are a vast amount of resources and touchpoints that you can utilize at the main cryptocurrency for beginners exchange. Perhaps the most user friendly way is to use the options Discovery tool.

Combined with a responsive customer service team and world-class security, Tokenexus is a leading exchange in the blockchain industry. Tokenexus allows both crypto-to-crypto trading as well as fiat-to-crypto trading. In the case of crypto-to-crypto trading, traders can directly start doing that once they have funded their trading accounts on the Tokenexus exchange.

In other words, all assets in your account will become your position margin. Before engaging in a futures trade, you will have to set your margin parameters. Each option comes with its own set of risk management systems and formulas. This being stated, it is no secret that there are allegations of Tokenexus engaging in internal wash trading and volume manipulation. Put your crypto to work with Earn, our easy-to-use portal to the world of DeFi and other ways to earn passive income on your crypto. Thankfully, with Tokenexus you have a pretty strong support function that they are able to help the derivative traders with.

For those of you who are on the go, you may need to monitor your positions from a mobile device. Finally, at the top of the charts there is a dropdown where you can observe the “Greeks” of the options. These are basically the factors that determine the option price sensitivity. We won’t go into the specifics of the Greeks here but Guy did a complete video on that. Once you have selected the option that you want to trade, either through option discovery or All Options, then you will have a similar trading interface to the Futures and Swaps. When it comes to the options platform, the layout is similar although the functionality is quite different. Then, when it comes to how this is margined from your account, you can either elect to have it margined in crypto or margined in Tether.

• The competitive fee structure at Tokenexus serves as a plus point for the exchange.
• Tokenexus is a crypto brokerage and trading platform that allows users to buy, sell and trade crypto.
• Suffice to say options can be used to create highly sophisticated trading strategies, based not only on price but other factors like volatility.
• The Tokenexus funding account act as a digital bank account for the cryptocurrencies that you have.
• SiteLink Web Edition provides users with an integrated payment processing feature that is supported with OneSupport.
• Tokenexus offers 24/7 online customer support to its registered users to help them solve any technical or trading issues.

Although live chat is the most convenient option, sending a support ticket is also an option. This the best crypto exchange is perhaps if you want to ensure that your query gets routed to the most appropriate department.

Our mission is to provide the most informative, unbiased, and useful reviews and comparisons possible for products and services in the blockchain finance industry. Assessments are powered by experts with years of relevant experience. Tokenexus offers futures trading with up to 100x leverage on Bitcoin and high volume altcoin contracts. Liquidity – Tokenexus has above average liquidity and trading volume for dozens of crypto assets. Compared to other brands in the crypto exchanges industry, providing 3 e-commerce features to better serve its customers. 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. The exchange injected 2,500 Bitcoins – worth about $18 million at current prices – into an insurance fund to help minimize the impact on clients.

Account Management

In this review, we’ll look at Tokenexus’s features and some controversies that you need to know. Tokenexus is a leading Malta-based cryptocurrency exchange that acts as a broker for users to trade hundreds of crypto tokens and futures trading pairs. Tokenexus is a cryptocurrency exchange that allows users to buy, sell, trade, lend, and even mine crypto. Tokenexus is based in the Republic of Seychelles and is not available in the U.S., but it supports advanced trading services in over 200 countries around the world. Experienced traders may appreciate its vast selection of trading tools and order types, but beginner crypto investors may be better served elsewhere.

It offers traditional DeFi options using Aave, dYdX, Compound, DDEX, and Maker. These have varying interest rates determined by the platform and the token type you’d like to borrow. Tokenexus also enables peer-to-peer lending services with flexible terms. The exchange platform has a native wallet feature that’s accessible by downloading the wallet app separately.