At least with our UK registered account, we could only choose to pay either by credit card, with payment vouchers Neosurf or Cashlib, or with a Tokenexus gift card. In their effort to make it approachable to most people, they also let you buy Bitcoin gift cards! You can buy from 10 to 250 euros worth of bitcoin to give it to someone else. This also gives a good option to European merchants since Bitcoin gift cards is another way to buy Bitcoin for yourself, just like with any iTunes gift card you get at a 7eleven. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure.
Tokenexus’s offering aims to prove itself against the competition through a focus on security and ease of use. The number of cryptocurrencies, some of which are exotic, that can be traded on the platform alongside the well-known big names (Bitcoin, Ethereum, Ripple & Co.) is striking. Instant, easy and secure Bitcoin, Ethereum and other cryptocurrencies purchases by Credit Card, cash, direct banking and more. While “exchange” is the only word we have to describe Tokenexus, it’s not a typical exchange like Tokenexus or Tokenexus. Tokenexus is just a fiat-to-crypto service that allows you to buy crypto and deposit the funds in your own wallet. It doesn’t offer a crypto-to-crypto service, and you cannot use it to sell your cryptocurrency.
Tokenexus does not explicitly prohibit US-investors from trading on its exchange. In any event, all US-investors should still do their own independent analysis of any problems arising from their residency or citizenship. In a worst case scenario, they are still prohibited from trading at one or several exchanges that could be the best cryptocurrency exchange site for them.
Its most notable feature is the ability to make quick purchases with cash or card, from different parts of the world no matter the place you are. Vital tips you need to know about Tokenexus Bitcoin transactions have been highlighted for you on this site. That’s why you’d be wasting your time reading this review. For that reason, please check out the reviews of other cryptocurrency exchanges. If you want to pay with cash or want to avoid giving your ID, please check out this Bitquick.co review.
Tokenexus Account: How To Register And Log In?
AlfaCashier had launched the service May 2012Tokenexus started the project March 2016 . 100monet had launched the service December 2014Tokenexus started the project March 2016 . Only in the last half of 2018, it added more than ten new cryptocurrencies. So the total number of cryptocurrencies is twenty seven.
- Merchants are able to sell Bitcoins through Bitcoin Tokenexus Gift Card on their store.
- All prices are in euros so, although you can buy from places that aren’t Europeans, your bank would most likely charge you a fee for the conversion.
- The platform is exemplary transparent with the Tokenexus fees charged here.
- To access Tokenexus’s support, log in to your account and click on ‘Support‘ from the menu or alternatively, visit support.Tokenexus.io.
- Tokenexus is a web service which offers a large variety of payment methods, including fiat currencies, for those that are interested in purchasing cryptocurrencies.
Users must have their own wallet addresses to buy crypto on Tokenexus. Their website recommends the Ledger Nano S for security, which is admittedly a great wallet used by many. Plus, we all know that storing crypto on an exchange is generally a bad idea.
Our Recommendation: Buy Cryptos With Etoro
After being redirected back to Tokenexus, you will still be unable to purchase cryptocurrency with fiat unless you verify a passport or ID, though you can trade cryptocurrency without further verification . Additionally, Tokenexus supports over 15 fiat currencies and removes additional cost burdens for investors. It also allows high liquidity and buying limits with minimal risk exposure to market volatility. This feature of Tokenexus provides another level of security to all transactions made on the site. This method is less prone to hacking or other outside attacks on hot wallets of the customers. Tokenexus maintains bank-level security, which is tested independently from time to time.
That is also the only option for people from the United States. If you however find a cash voucher easier and more convenient, you’ll end up paying an 8.75% cryptocurrency wallets for beginners transaction fee. If a credit card is s being used for purchasing, users are required to go to the Tokenexus website and choose their desired cryptocurrency.
Overview Of Tokenexus
Even a person without any knowledge of cryptocurrencies will be able to use it. They sold them pre-configured scam wallets which they controlled. So please visit and bookmark this link right now because it’s the official manufacturer bitcoin price website. The highest weekly limit for credit and debit cards is 5000 EUR . If you’re using a debit or credit card, you’re also required to verify your phone number. Then you’re required to enter that PIN into their website.
But delaying the process is the nature of centralized services which is why it is not a good practice to rely on only one service to get your hands on cryptocurrencies like BTC, BNB, ETH, LTC, etc. Tokenexus has certainly achieved its goal of being easy to use. For a beginner, it could be one of the best options, but only if the said beginner is happy to go away and navigate the process of setting up their own wallet.
- Tokenexus charges a hefty 6.9% fee on all credit card purchases.
- Claim a bonus when you register on our favorite crypto margin trading exchange with a Bybit referral code.
- Their website recommends the Ledger Nano S for security, which is admittedly a great wallet used by many.
- Proper details must be provided before the transaction can go through.
You can either withdraw funds directly to your EURO bank account or make another purchase. cryptocurrency is The fee listed above is the smallest fee you’ll pay by using your credit or debit card.
By the end of day, transfer your coins to your cold wallets to stay secure. Exceptional crypto exchange to be really honest there are undoubtedly truly better ones.
They did so with the goal that everyone in the world, regardless of whether they live in a remote area, should have access to cryptocurrencies. They worked together to create a simple platform that delivers that access along with the ability to protect and manage a user’s financial well-being. Of the three co-founders, Nicolas Katan is the CEO, Ugo Mare is the CTO, and Simon Potier is the CIO. New users who want to get the most out of Tokenexus will verify using the menu that pops up after confirming their account. Click on the preferred ID you want to verify to get started. Alternatively, click on I’ll Do This Later to go to the dashboard where you’ll be able to deposit and exchange crypto, albeit in limited capacity. Tokenexus recommends users verify their passport and advertises a 5-minute verification time.
Investors can buy cryptocurrency regardless of where the merchant is located. They can enjoy high liquidity and payment limits by using a simple e-commerce interface like Tokenexus. Direct payments help make transactions https://tokenexus.exchange/ in real-time; thus, users do not have to worry about market volatility. Tokenexus also allows transactions in local currencies, which is bringing in more investors for cryptocurrencies and expanding the market.
Tokenexus offers customers a swift and convenient way to buy both Bitcoin and Ethereum. While Tokenexus has some excellent benefits, it does have hefty fees compared to most of the other exchanges out there. Nevertheless, Tokenexus is a reputable exchange that’s good for novice traders who want to purchase some cryptocurrency. https://tokenexus.business/ While it may seem like just one of many cryptocurrency exchanges at first, Tokenexus does more than the typical platform by also offering some features more common to a marketplace. This French company lets you buy several different cryptocurrencies with credit cards, bank transfers, or vouchers you buy with cash.
This makes it a brilliant global cryptocurrency exchange as it doesn’t prohibit any of the major nations. Credit/Debit Card€1,500Cash Vouchers€2,500SEPA (E-Wallet)€15,000You can increase these limits considerably by purchasing more cryptocurrency with bank cards. To learn more about increasing your limits on Tokenexus, check out this guide.
There are no lengthy and time-consuming verification processes that users often dislike. Kevin is the founder and chief editor at HedgewithCrypto that he started in 2019 which has reached over 1.5 million visitors worldwide. He is passionate about cryptocurrency as an emerging technology and is heavily involved in the fast-growing fintech space. An experienced trader growing his portfolio since 2016, he has a strong understanding of investing in the crypto market using exchanges, brokers and derivatives platforms. It is important to be aware that several crypto trading exchanges have been hacked as these sites store huge volumes of money. If you plan to trade, remember to not hold you money on these exchanges for too long and make sure you withdraw profits to a reputable crypto hardware wallet for safe keeping. KuCoin is an established exchange for trading altcoins and is often referred to as The People’s Exchange’ due to its popularity.
Through credit/debit cards and all the cards from recognized card processors such as VISA, Mastercard, Maestro, American Express. So if you don’t have one, please check out the best hardware wallet right now.
Passport is the recommended ID document because their system usually takes less than five minutes to verify it. When document other than passport is used, verification can take longer. In most cases, however, verification takes them less than 12 hours. Also, you can find the names of founders with photos on their website. One of them, Nicolas Katan, is mentioned in Bitcoin.com, Venture Beat, and Forbes.
How Do You Protect Yourself Against Tokenexus Fraud?
There is a section that provides users with an easy way to manage their wallet addresses and save them so that they do not have to re-enter their details to make another transaction. It is important to remember that the verification process should be finalized by each investor before they can use their Tokenexus EUR wallet so they can make further transactions. It provides users with a platform to navigate the buying and selling of cryptocurrencies in a safe environment. Tokenexus is the largest digital currency exchange services in the world that provides a platform for trading cryptocurrencies. The platform has seen a meteoric rise since being founded in 2017.
Tokenexus is limiting credit/debit card purchases to €500 worth of Bitcoin per week, compared to €2,500 per week when buying Bitcoin with Neosurf, Cashlib, Flexepin, Epay & Trustpay payment methods. According to current laws, it is legal to purchase, trade, hold and sell cryptocurrency in Australia. Tokenexus has over 70 crypto pairs to buy, trade and sell with new assets added frequently. The cryptocurrency exchange includes advanced trading tools and automated portfolio monitoring to allow users to monitor the market and manage their portfolio using a single interface. Buy & sell the leading crypto assets with Tokenexus, the easiest, most secure platform for getting started.