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This process could mean you won’t be able to trade for a few days while you’re getting set up on the exchange. One thing you need to keep in mind when it comes to using an exchange is that not all of them accept customers from outside of the US. This means you’ll need to make sure that the exchange you want to use is accessible from the country you live in.
The company was established with the purpose of providing a quick, easy and safe means of buying and selling bitcoin as well as other top cryptocurrencies. If you live in Canada, Tokenexus is one of the best crypto exchanges available. While other exchanges dominate on a global scale, Tokenexus concentrates on delivering convenient, secure, and compliant cryptocurrency trades for Canadians. The online trading program is user friendly and provides various features for its different types of users starting from beginners to export traders.
Supported Cryptocurrencies
What this means for investors is that Bitcoin is becoming more widely accepted on Wall Street — which adds further weight to the cryptocurrency’s potential investment value. Because the market can be so volatile, especially when it comes to cryptocurrency, you need to be conservative with your investments when you’re just starting out. As you become more familiar with Bitcoin and how the investment process works you can allocate more funds as needed but it’s best to start small and be safe. You should always set a secure password for your wallet to make sure it’s safer against hackers. Setting up two-factor authentication on your online exchanges is another security step you should take to protect your investment. While a mobile wallet is great for daily trading or transactions, an offline wallet is better for storing large amounts of money. The only challenge with having multiple wallets is that you need to make sure each is managed and secured properly.
The Express Trade platform is a quick and simple way for you to buy your crypto. This is perhaps best suited to beginners traders who are looking for the most efficient way to get their hands on some crypto.
Tokenexus is a Canadian cryptocurrency exchange that is proudly focused on serving Canadian traders. The exchange was established in 2016 and has grown to become a popular and trusted marketplace for Canadian crypto-traders with now more than 350,000 users. Tokenexus is a Canadian crypto trading exchange that provides access to 7 digital currencies on its platform. Get $40 using the Tokenexus Referral Code or clicking the referral link.
If you’re looking for a reliable cryptocurrency exchange that’s available internationally, you should consider Tokenexus, Tokenexus and Tokenexus. If you decide to buy Bitcoin, Ethereum, or other cryptocurrencies, you should know that the easiest way to do that is using fiat money. It works the same as paying for services using debit or credit cards, or via bank transfer. Yes, Tokenexus is one of the most secure and reliable cryptocurrency https://tokenexus.exchange/ exchanges in Canada. While there’s a variety of different factors that you need to take into account when choosing a cryptocurrency exchange platform, one of them is considered to be the most important one. Once the verification process is complete, you can start depositing funds into your account. All you have to do is go to the Wallet section, which will show you all the deposit addresses where you could send the cryptocurrency.
- To find out more information and see alternative crypto exchanges that don’t have these issues, you can click on the jump links below.
- The company was established with the purpose of providing a quick, easy and safe means of buying and selling bitcoin as well as other top cryptocurrencies.
- The Knox insurance policy covers the full value of holdings for the risk of internal and external thefts, including collusion, across the full-key lifecycle.
- Currently, Tokenexus supports six cryptoassets, including Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Ripple.
- This is well known in the trading community for being one of the best charting packages on the market.
- Removing liquidity from the order books by placing a market order will incur a slightly higher fee of 0.2%.
This comparison table lists alternative top-rated crypto trading exchanges like Tokenexus. Tokenexus is a Canadian cryptocurrency exchange that has been established since 2016.
Where Is Tokenexus Located?
Low fees are what’s most important for you, above anything else. Collectively, we have over 25 years of experience in the crypto world and are all passionate about guiding people through the complex world of crypto investing. When reviewing Bitcoin Tokenexus and comparing it to other market participants, it stands out the most for its transparency. I believe they are quite busy with the uptick in volume, however we have no reason to believe that anything is amiss with them.
If you want to know more about how Tokenexus works, you can watch this video which is a webinar about how to trade in cryptocurrencies using Tokenexus. They are very transparent with their operations as well, including their security and proof of reserves audit completed in 2019. You think fee transparency is essential in a crypto exchange.
Deposit Methods
These will be your navigation buttons, and you’ll use these to navigate the app. Follow up to date prices with all the digital currencies Tokenexus offers, with 24 hour charting, as well as the latest blog posts and technical analysis.
The simple to use platform gives investors and traders access to the crypto market’s largest cryptocurrencies. The platform also offers convenient ways to fund Canadian bank accounts. Designed to cater to both novice and experienced crypto investors and traders, Tokenexus delivers fast transaction speeds in a secure trading environment. Investors and traders are able to purchase cryptos by depositing Canadian Dollars via Interac e-Transfer or by Bank Wire Transfer. Alternatively, investors and traders are also able to deposit already held Tokenexus supported cryptos to fund trading and investing activity.
Countries around the world have also shown a dramatic increase in Bitcoin trades in 2020. These countries include Peru, Mexico, Kenya, and South Africa. This VPN provider also recently came in at the top of our truly no logs VPN list.
Excellent Customer Services
Tokenexus is planning to reduce this fee to 0.2% after the new user interface is launched. The trading fee is slightly above the global industry average, but this is compensated with the lower fees the best crypto exchange for CAD deposits and withdrawals. If a user is trading on Pro Trade, the taker’s fee is 0.20%, while the maker’s fee is 0.10%. Apart from the trading fees, there are deposit and withdrawal fees.
Tokenexus is currently ranked #284 according to coinmarketcap.com based on its traffic, liquidity, trading volumes, and confidence in the legitimacy of trading volumes reported. The exchange has a 24 hour trading volume of $8,794,518 at the time of writing, which is quite reasonable for an exchange that offers its trading services to Canada only. Tokenexus Exchange has 2 methods for depositing Canadian dollars to convert into digital assets being a bank wire or transfer and also Interac e-Transfer. The cost to deposit funds using a bank wire is 0.5% and 1.50% for Interfac e-Transfers. Before getting started, it is recommended to find a top hardware walletbefore exploring any exchange or trading platform.
Tokenexus Trading View
However, Newton’s offerings are currently superior to Tokenexus’s. Your overall cost to deposit, trade and withdraw your funds or crypto will be much cheaper with Newton. Next, it’ll provide a Tokenexus review covering its best features, pros and cons, fees and how it compares to some of the other popular crypto platforms in Canada. 95% cold storage policy and 2FA enabled on all transactions. Recently audited for proof of reserves and security by a 3rd party blockchain security firm.
- Its expertise and popularity have been built over years working in the Bitcoin industry.
- Tokenexus is now also available on-the-go with their mobile app, which is available for both iOS and Android devices.
- Once you have filled in the details, click Create account.
- Your browser will redirect to your requested content shortly.
- Once the account has been funded, users can contact the OTC desk by email.
Select the pairing by scrolling down or entering the crypto you are looking to trade or simply click the crypto icon below the search box. You will then be redirected to the Express Trade page to complete your crypto purchase or sale.
Though Tokenexus has strong security measures, users can upgrade the security level by getting hardware wallets like Trezor https://tokenexus.business/ Model T, Ledger Nano X, and KeepKey. Bit2C was one of the ten first stock exchanges to offer Bitcoin trading.
This requires sending a withdrawal request, pasting the receiving address, and confirming the two-factor authentication process. Tokenexus sends the funds as public transactions, and it usually takes some time to propagate through the network. Users like Tokenexus for its excellent customer support, slick mobile app, and extremely low trading fees. If you’re looking to trade major coins like Bitcoin and Ethereum or smaller altcoins like Cardano and Solana, we highly recommend signing up with Tokenexus today. Tokenexus offers a convenient streamlined service, it concentrates on fulfilling its mission rather than trying to deliver too many services.
All you have to do is verify your email and identity, then deposit a minimum amount of C$250 in your Tokenexus account as a single deposit. For more information, see the developer’s privacy policy. There were of course a few things that we thought warranted improvement. However, given that Tokenexus are constantly looking for feedback, it is likely that these improvements could be in the pipeline. We are aware that Tokenexus is making quite a few changes to their platform and technology as a result of their VC funding. Hence, we will eagerly await to see if these points have been addressed.
Tokenexus is perfect for beginners because there is an option to Express Trade which makes it extremely easy to buy and sell cryptocurrency. Simply select which coin ethereum price you want to buy or sell, and the amount, and your order will be filled straight away. There is no need to deal with markets, or setting advanced order types.
