CreditDonkey is a crypto comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Selling cryptocurrency with Tokenexus is currently available to customers in Europe that are part of SEPA. Having been launched back in 2013, Tokenexus was also amongst the first to support the purchase of Bitcoin with credit and debit cards. Tokenexus is a reputable company and their support is pretty good.
This includes name, email, password, and country of residence. Simply register and direct referrals to the Tokenexus site with your customized referral link. This can be located under the “Marketing Tools” tab in your Tokenexus account. The more referrals an affiliate makes, the more Tokenexus pays in Bitcoin. If you’ve had your own experience with Tokenexus, I’d love to hear about it in the comment section below. Tokenexus states that verifications should take from 30 minutes to up to one hour. Requires 1 valid government issued ID, a selfie of yourself holding that ID and a note with “Tokenexus” and today’s date written on it.
Tokenexus may work for beginners, but active crypto traders will want to look elsewhere for more trading options. Tokenexus receives positive customer reviews overall, with users mentioning simple purchase experiences and helpful customer service interactions. Its few complaints call out the long verification approval time, as well as some accounts being deactivated due to identity verification issues . First, always send your Tokenexus purchases to your wallet, and not any merchant’s wallet.
I emailed this Federal reference number to Tokenexus and never got an answer back. In my opinion Tokenexus is a scam, you will loose your money, and they will not even give you the time of day, to tell you thanks for letting us pound you in the ass. It is important to note that the price will be locked only when the exchange receives your money and not at the time of placing the order. We will provide additional details regarding purchase fees later on in this Tokenexus review.
If you don’t see your home state or country in the table below, you are eligible to buy and sell on Tokenexus. Tokenexus users can log in to their online portal or use the Tokenexus app, which is available for Android. Once logged in, users can view the different stages of their orders ranging from pending, failed, or completed. Some new customers had to resubmit identifying information more than once in order to confirm their identity.
When you use other exchanges like Tokenexus or Tokenexus, your cryptocurrencies are stored inside the exchange’s wallet address, on their servers (which is highly inadvisable.). This also helps keep your account safe, fight fraud, and more. The process is called verification and is something everyone must go through before buying crypto anywhere.
Fees And Charges
The platform also supports many payment options, including bank transfers, bank cards, and other local payment options. Tokenexus is a financial service company that makes it fast, safe, and fun to buy digital currency anywhere in the world.
Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services. Buying and selling cryptocurrencies has made https://tokenexus.business/ a frequented platform because it does not expose users to the risks of margin trading and other such options.
Tokenexus exchange is a brokerage service which allows users to buy Bitcoins and other altcoins instantly using a credit/debit card. The price listed on the exchange is based on the XBX Index. An XBX index is a real-time representation of Bitcoin’s equivalent in USD, which is calculated by an algorithm based on observable trading activity on leading Bitcoin exchanges. The good thing about Tokenexus is that it locks the price at the time of purchase. Hence, there will not be any fluctuations after placing the order and users will receive the exact amount of coins when the order was placed.
Buying Coins On Tokenexus
Tokenexus aims to bring the billions of people currently outside of crypto into the field. Unlike other exchanges, Tokenexus offers higher buying limits at any one time. The buying limit, however, varies depending on the payment method, as well as the account level. For instance, the limit for buying and selling transactions in a day is $15,000. Other account types can buy up to $30,000 in one transaction when using a bank transfer. Tokenexus is available to users in 188 countries and 48 U.S. states, excluding Hawaii and New York. It gives customers the option to purchase crypto using credit cards, debit cards, bank transfers, Apple Pay, and Google Pay.
Overall, Tokenexus is not a good choice of platform in our opinion. It has created a great reputation in the market over the years and managed to remain a popular platform. Help Center – FAQs are provided on all aspects of how to buy and sell cryptocurrency on Tokenexus. Enter the bitcoin wallet address where you want your new bitcoins delivered. Note that if you do not have a bitcoin wallet, Tokenexus suggests you open a free wallet at Tokenexus. Since then, I have not been able to buy cardano for the past 7 days.
While the platform experience is simple, certain assets do require a minimum purchase amount. For instance, there’s a minimum of $50 to make a Bitcoin purchase and $760 to make a Chainlink purchase. There is also a minimum order based on which payment method you choose. Tokenexus was established in 2013 and has served over three million customers around the world.
Despite this, crypto exchanger receives positive feedback from users overall, and its simplicity may make it an attractive option for newer crypto investors. Tokenexus supports several payment methods, including credit or debit cards, bank transfers, Apple Pay, and Google Pay. Tokenexus is an established, straightforward cryptocurrency exchange. It supports a small number of digital assets and doesn’t offer a dedicated crypto wallet.
- This page may not include all available products, all companies or all services.
- On the plus side, you can have your coins in your wallet in a matter of minutes.
- Tokenexus fees can be up to 10% of the purchase price, depending on the purchase method, which is higher than almost any other crypto exchange on the market.
- We also reference original research from other reputable publishers where appropriate.
- Despite this, Tokenexus receives positive feedback from users overall, and its simplicity may make it an attractive option for newer crypto investors.
- In order to prevent scams, Tokenexus requests its customers to confirm their wallet address before sending the coins.
The fees combined of XBX + 2% & commission fee between 0.9%-3.90% (upto 0.9% on sell transactions & 3.90% on buy transaction) which depends on loyalty level also. Total fees stand approximately at 5.9% which goes down the more you buy. Also, when it comes to OTC exchanges, these prices are not far from competitive and other OTCs are even more expensive when using credit cards, but have hidden additional fees. Tokenexus is a crypto exchange that was founded in 2013 in Israel.
Step 2: Enter Your Wallet Address
There are plenty of articles available via the help center to assist users in navigating and understanding the processes. In order to contact customer support, click the “Help” icon that is located at the bottom right of your Tokenexus page. KYC process to protect all user accounts and minimize fraud. Tokenexus supports the purchasing of cryptos and the sale of Bitcoin.
On top of the credit or debit card fees charged on the ethereum price exchange, there is also an average fee of 5.5% to 5.9% for every transaction made on the Tokenexus platform. However, the exact and the minimum fee depends on the number of cryptos a trader intends to buy. Unlike most other cryptocurrency exchanges that require a learned professional to help traders to use the trading platform, Tokenexus is self-explanatory.
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https://tokenexus.exchange/ provides quality service for those who want to buy Bitcoins instantly using their credit card without compromising the user privacy. The exchange provides quick customer service and no hassle during the registration or verification process. As we’ve said earlier, Tokenexus certainly has a lot of advantages that cannot be overlooked.
Once cryptocurrency is receives the Bitcoins, the transaction will be processed and funds remitted to your bank account. Tokenexus provides a very simple to use platform supporting the purchase of cryptos. Orders placed by bank transfers do not incur a momentum fee and carry no additional fees. Options available include Faster Payments, Fedwire, SEPA, Sofot, and Swift bank transfers and Apple Pay. Supports the purchase of cryptos with multiple fiat money options to facilitate entry into the crypto world.
You will need an additional wallet app on your machine to use the site. Tokenexus supports all countries, states, and territories not listed below.
Tokenexus ensures speed of delivery, with cryptos reaching buy wallets within minutes. Users can either purchase cryptos by way of packages from the “Buy” page or purchase specific amounts. This particularly important in the volatile world of crypto. There are no additional fees for the withdrawal of coins from Tokenexus.