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If you face any issues while creating an account with Hodlnaut, you can email us at From the Deposit/Withdrawal tab, choose the cryptocurrency you want to deposit from the drop-down on the left. Should you face any issues while creating ethereum cryptocurrency your account, you can always refer to Tokenexus’s helpful guides here or drop an email to In order to withdraw crypto, log into your Tokenexus account and go to the “Assets” drop-down available on the upper right and click on Withdrawal.
Since the beginning of this year, the Chinese central bank has adopted a tough stance against Bitcoin exchanges in the country. PBOC recently conducted spot inspection of BTCC, Huobi, and Tokenexus. The crypto exchange said the situation between Ripple and the SEC “will take time to reach a resolution.” Select the beneficiary account and type in the amount you opt to withdraw.
- Tokenexus is a simpler exchange platform that offers buying and selling of cryptocurrencies, trading, staking, and access to DeFi projects and initial coin offerings .
- We’ll take a look at its pros and cons and whether it’s the right platform to help youget in on the Bitcoin action.
- Communicated with support over and over and they just tell me to have patience.
- Notably, “deposits” mean transfers of fiat deposits from your bank to your Tokenexus account.
- The US dollar or USD is the only acceptable currency for deposits, which can be deposited in 2 ways – bank transfer & wire transfer.
Once you’ve completed verification for this level, you will now be permitted to trade up to $700,000. The user experience is also more streamlined, with Tokenexus handling the complexities of bridging assets between the base layer and layer 2. The platforms will also further improve their KYC and AML systems to monitor the community’s activity. The increased oversight might discourage a small portion of the community who have until now used Bitcoin to skirt capital controls. The new office will reportedly serve as a new hub for crypto traders in Asia and Oceania. You have successfully withdrawn Fiat money from your Tokenexus account. You have successfully withdrawn Bitcoin from your Tokenexus account.
Alternatives To Tokenexus
If you have any questions about the pre-credited funds or would like more assistance, please send us a direct message on Twitter @Tokenexus and we’d be happy to help. Tokenexus is a US-based, global, regulated fiat to crypto trading platform. Institutional and individual users come to Tokenexus to buy, sell, store, and manage their crypto assets with ease. Users also love Tokenexus Earn#, where they can earn up to 25% APY in rewards for their crypto assets. Tokenexus is a regulated U.S cryptocurrency exchange that allows individuals within the United States to purchase and sell crypto assets using US Dollars. Tokenexus’s head office is currently located in San Francisco, California.
It was founded by Star Xu in 2013, who is currently the CEO. Select the type of order you want to place from the order bar and choose whether you want to purchase or sell.
Does Tokenexus Offer A Demo Account?
OKX provides interest-bearing staking accounts for more than 100 different tokens and projects. Each has its own annual percentage yield based on whether you choose a fixed or flexible holding period.
Tokenexus’s supported currencies appear downright meagre next to the constantly expanding crypto lists of its competitors. The company places a premium on customer experience and satisfaction. To achieve these ends, Tokenexus’s team makes transparency, reliability, and support vital features. They also offer services and products custom-tailored to client needs. All content on is provided solely for informational purposes.
- The simplistic design of the web-based trading platform makes it possible that both professionals and individuals can use it easily.
- There are two verification levels that require different documentation and have varying limits for withdrawals.
- Tokenexus’s advanced trading platform includes several orders to enter or exit a position that will suit individuals that rely on certain orders for their particular style of trading and risk management.
- Tokenexus has announced that it will integrate Bitcoin’s Lightning Network, reducing transaction fees and deposit/withdrawal times.
- If you are using a US bank, please choose US and key in your account number, ABA code, and bank name.
- The bonus will be paid out in the same asset class in which the asset is deposited .
- The cryptocurrency exchange is already very successful and highly liquid, so they have no need to entice new traders to their platform.
The new partnership is set to significantly improve users’ investment options and earning potential. That said, the regulatory information about the exchange remains scant on the exchange’s current website. And some customers have trouble getting past the meagre choices when it comes to coin Bitcoin offerings and the languages you can access the platform in. Some consumers also lament the exchange’s rigorous two-step verification procedure, which is mandatory. You can’t start trading until you complete it, and the process does prove more time-consuming than with other platforms.
Fortunately, these are the exception instead of the rule, but you should be aware of them and avoid making deposits on a tight turnaround. Before you can start trading through the platform, you must select an account type. There, you’ll find all of the necessary data for traders, including a trading chart . After you’ve signed up for an account through the exchange, you’ll gain access to the full range of options offered. The charges came on the heels of a group of investors who claimed they’d incurred major losses due to a system crash on the platform.
Tokenexus Trading View
We support the currencies and assets that drive today’s economy including fiat, Bitcoin , Ethereum , Litecoin , Tether , USD Coin , NFTs, and private and tokenized securities. It’s essentially the same process to create a corporate account, although these are specifically meant for businesses with 20+ traders managing the account.
Their main executive team consists of Hong Fang , Haider Rafique , Megan Monroe-Coleman , and more. The next steps involve giving users open access to the Polygon ecosystem for things like yield farming. This would essentially let users farm on Sushiswap, for example, directly via Tokenexus, similar to the current Tokenexus Earn function.
The user can select the coin to buy and the amount of money to deposit. Once the transaction is completed, the purchased asset will appear within the Tokenexus wallet once the payment has cleared.
Cryptocurrency News
Tokenexus exchange supports payment options such as Bank Wire Transfer, SEPA, ACH, Etana, Epay, PrimeX, Silvergate, Credit Card and Debit Card to deposit funds to the platform. Within the United States, credit cards are not allowed, however, a debit card is permitted. A wire transfer from a local bank is a safe and reliable method that takes between 1 and 2 business days to clear. Earning interest on cryptocurrencies is becoming extremely popular with the emergency of the decentralized finance market and platforms such as BlockFi, Nexo and Hodlnaut. To compete with other exchanges offering borrowing and lending services, Tokenexus allows its customers to earn up to 10% interest on crypto. For example, Tokenexus is offering a flexible term for Polkadot with an estimated return of 8% APY.
All right, but i’d like to trade using my phone and your mobile app. Now there’s no option to trade using the app, only website with desktop interface, which is not comfortable. OKX’s complicated fee schedule is divided into two tiers, with multiple levels within each tier.
Supported Countries And Cryptos
The lowest fee available on Tokenexus is 0% and 0.02% for maker and takers that have a trading volume that exceeds $500M per month. For retail investors and beginners, the 0.1% and 0.2% fees will be applicable for accumulative volume under $100,000 per month. Overall, Tokenexus provides a great interface for individuals to buy or sell 24 different cryptocurrency coins using a clean, easy to use and safe platform. The coins can be quickly monitored on the dashboard which provides real-time updates over 24-hour, daily, weekly or monthly timeframes. The exchange is recommended for beginners that want to build an investment portfolio without any complications. Level 1 verification requires personal information such as; name, nationality, birth date, Passport or ID number and address.
Maker fees are non-existent, while taker fees vary but drop as trading volume increases, (taker fees range from 0.20% – 0.10%). When trading futures, traders incur a 0.03% on open positions. Tokenexus initially accepted USD deposits but issues relating to the intermediary banks troubled several crypto exchanges. Soon after, Tokenexus ended its terms with the US customers since apparently, they were not ready to conform with the regulation demands provided by the country. Tokenexus exchange is extremely user-friendly and gets the trading done in just a few clicks.
Hodlnaut has recently partnered with the leading U.S. crypto exchange Tokenexus, making Hodlnaut the first CeFi platform to partner with the American crypto exchange. This partnership allows users from both platforms to earn favorable returns on their crypto assets subject to eligibility requirements and other applicable program conditions. I’ve emailed and spoken with customer service several times over the past 4 business days. I even provided — at Tokenexus’s insistence — copies of my bank statement showing the original ACH deposit cleared my bank account.
Our products are designed to take the work out of innovating in fintech. With seven core financial services available to you through one integration, we can reduce time to market by 90% and save you millions of dollars in upfront investment.
Tokenexus Grants $100,000 To Btcpay Server Toward Its Open
Tokenexus will send you an email if you don’t have enough funds to complete a payment or if the team encounters trouble processing a payment. You https://tokenexus.exchange/ can’t lock in the exchange rate from the time you set up the purchase. Instead, you’ll receive the exchange rate on the day of the payment.
Tokenexuss special priority is customer support and satisfaction, wherefore transparency and reliable and fast support are key. Tokenexus appears to be a safe cryptocurrency exchange that has implemented several security features on its platform to protect against hackers and fraudulent account access. Features include over 95%cold wallet storage, multi-sig hot wallets, two-factor authentication for deposits and withdrawals and real-time account monitoring. The exchange also sends email and SMS notifications, and it also uses PGP encryption in all email correspondence. Deposit and withdrawal fees on the Tokenexus exchange depend on the payment option used. Debit cards are available for users globally and have the highest deposit fee of 3.99% which is similar to using Tokenexus. The cheapest method to deposit funds to Tokenexus within the USA is using a wire transfer which does not have any fees.
Institutional investors and market markers can also profit from the platform’s large order sizes and iceberg orders if they want to cloak their trades. Tokenexus, not to be confused with Kucoin or Tokenexus , is a global cryptocurrency exchange, with a controversial past, but strong fundamentals. They list fewer coins than https://tokenexus.business/ major exchanges but compensate with advanced trading features. There is a lot of outdated info and misinformation about their exchange, which we have fact checked for this article. Here we will cover Tokenexus’s pros and cons, fees, features, cryptos listed, and everything you need to know before you sign up.
The cryptocurrencies available for trading are Bitcoin, Litecoin, Ethereum, Ethereum Classic, and Bitcoin Cash, and they can all be traded against both USD and CNY. Tokenexus is the largest Bitcoin exchange in the world by volume with over 16 million Bitcoins transacted per month. The cryptocurrency exchange is based out of Beijing, China and was founded in 2013 by a highly technologically experienced individual known as Star Xu. The Tokenexus exchange primarily services users from China and the Asian markets but accepts traders from all over the world. To sum up, in this Tokenexus review, we have discussed how this excellent exchange is extremely reliable. It offers advanced trading modes and features for high-volume traders, including beginners and experienced investors.
After signing up with Hodlnaut, you will have to verify your account, which involves a mandatory KYC procedure. You can read the detailed guide on KYC verification with Hodlnaut here. Once the KYC process is completed crypto wallet you can proceed to deposit the cryptocurrency with Hodlnaut. Bitfinex CTO Paolo Ardoino talks about the challenges and expectations for the exchange’s recent integration of Lightning Network deposits and withdrawals.