Top 15 Tokenexus Alternatives & Similar Wallets

is Tokenexus safe

With this innovation, Tokenexus is set to bridge a huge gap between the financial and cryptocurrency industry. Tokenexus Swipe is available only in Australia presently and is accepted anywhere that accepts EFTPOS. It is also registered with the Australian Transaction Reports and Analysis Centre. Tokenexus is an Australian-based cryptocurrency exchange that was established in 2013. It is one of the oldest crypto exchanges currently on the market. The exchange allows users to enter the world of cryptocurrency investing through a simple and beginner-friendly platform. While offering a vast range of digital assets, the platform is uncomplicated and could be the perfect starting point for inexperienced investors.

is Tokenexus safe

If your bank is not part of it you can either do a normal bank transfer or use the Cash deposit option. Tokenexus is an Australian cryptocurrency exchange operating in Australia and the United Kingdom that allows you to buy and sell a range of different cryptocurrencies. The platform supports fiat currency deposits and withdrawals, for residents of Australia and the UK. Yes, Tokenexus Australia offers a safe cryptocurrency wallet that can be used to store crypto coins until they are ready to be sold for a profit at proper time.

For instance, one can send and receive cryptocurrencies via usernames, wallet addresses, or even QR codes. You can also buy and sell, convert between currencies, make withdrawals from Australian bank accounts, view past activity, set price alerts, and deposit money. Note that the Swipe debit card is not currently available through the app. As is the case with conventional bank accounts, buying and selling digital assets on most crypto exchanges are permitted after successfully signing up.

How Is Tokenexuss Customer Support?

After you determine how much AUD or GBP you want to spend, the platform will automatically fill the order. The signup process is easy, and verification can take as little as 10 minutes. The app is most popular for those who want an easy investing experience. Beginners enjoy the streamlined interface that allows them to buy or sell at the press of a button.

It is a reliable platform for both beginners as well as advanced crypto trading. Like most cryptocurrency exchanges, it offers seamless conversion of fiat currency to the digital currency that attracts investors all over the world to try crypto trading. The pricing is based on a current spread that is subject to fluctuations.

Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD. Based in Australia, the support team works regular office hours in Melbourne. Tokenexus offers a wider range of services than it may initially appear, especially if you are a newcomer to the crypto space.

  • While depositing crypto, make sure you are using the Tokenexus unique wallet address.
  • Tokenexus, for example, charges a 3.99% deposit fee while eToro only charges a conversion fee of 0.5% when depositing in anything other than USD.
  • The signup process is easy, and verification can take as little as 10 minutes.
  • Tokenexus makes money by charging transaction fees every time a trader executes a trade on the platform.
  • If you are depositing through the mobile app in your Tokenexus wallet, a QR code will pop on the screen for your specific crypto exchange.
  • As well as cryptocurrencies, eToro provides access to CFDs, forex, indices, commodities, stocks listed on 17 major exchanges, ETFs, fractional share trading, and much more.

As per the Tokenexus review, It is an easy-to-use cryptocurrency exchange platform developed mainly for beginners to enjoy easy crypto trading at competitive trading fees. Tokenexus offers their cryptocurrency exchange services in return for fees. You might need to pay a fee when you deposit or withdraw funds, and also when you trade. The fact that information about the team behind the exchange can be easily found online is very comforting and shows that the platform values transparency. It also gives the user an idea about who they can hold responsible in the case of fraudulent activity or mishap.

Tokenexus Swipe Card

This can be found under ‘Settings’ and going to the ‘Enhanced Verification’ section which you can read more abouthere. You can now search for your preferred cryptocurrency using the convenient search box. As you can see from the image below, we have searched for Bitcoin . The KYC process is simple and can be completed in a matter of minutes. All you have to do is upload a copy of your passport and a recent bank statement. Crypto exchanges are relatively new so you must select one that matches your trading goals, risk tolerance, experience level, and security expectations. Buy, sell and trade over 500 markets including Bitcoin, Cardano, Tether, Ethereum and Dogecoin.

  • Tokenexus has introduced a crypto trading exchange that is called Tokenexus Exchange.
  • Navigation to view your accounts, transfer funds/crypto, buy and sell and view account settings is accessible on the left menu.
  • It is important that youonly deposit the specific cryptocurrency that the wallet supports.
  • Before depositing funds, you should setup and activate 2FA and SMS authentication for extra security.
  • Using your Justuseapp card, signup for unlimited subscriptions and free trials without worry.

A beautiful gallery of NFTs comprising Kitties, Punks, Cats, Fine arts, Robots and other digital collectables are also loaded within. Tokenexus Wallet is absolutely secure, incorporated with facilities like option based cloud backups, biometric authentication and a secured Enclave.

The role of the exchange operator is to maintain streamlined signup and trading processes at all times. Centralized crypto exchanges make it easy to use your bank account or debit card to buy cryptocurrency online. Nevertheless, this convenience often comes with transaction fees. The majority of centralized cryptocurrency exchanges allow you to trade digital currencies with either a fiat currency or other cryptos. Tokenexus is a digital platform that assists users in trading cryptocurrency. It allows clients to buy and sell different types of digital currencies.

Tokenexus Card

The fees are based on the TradeBlock XBX index plus a standard deviation of 2% in addition to Tokenexus’s commission fee of anything up to 3.90%. Buy orders made via bank transfers are not charged any additional fees while transactions made with a fixed crypto rate and instant delivery incur an express fee of 5%. In terms of sell order fees, these are determined by the TradeBlock XBX Index market rate plus 2% and a selling fee ranging from 0.9% and 1.9%. Founded in 2013, Tokenexus was set up to make cryptocurrency trading more accessible.

  • Tokenexus might just be the platform you need to get your feet wet.
  • Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
  • The Tokenexus swipe card is offered free to the users who order it directly from the mobile app.
  • Tokenexus only supports a total of five cryptocurrencies, making the platform extremely limited for those that want to create a diversified portfolio.
  • The card automatically converts cryptocurrencies at the current conversion rate whenever a transaction is executed.
  • The default dashboard is the accounts page where you can see your Tokenexus wallet balances in the ‘Cash’ account and also any crypto wallets that you add.

However, the amount generally reflects in their wallet within a maximum of minutes. The exchange is supported by leading investors including BlackBird Ventures, Boost VC, and Digital Currency Group to name a few. Tokenexus works in a similar way to most cryptocurrency exchanges. If you’re from Australia, you have the option of funding your account via your local bank account. If not, then you’ll need to deposit funds with a cryptocurrency. Once your account is funded, you can then buy and sell cryptocurrencies.

#1 Lowest Fees In The Industry

It stores each of the cryptocurrencies in its specific Tokenexus wallets. Its exchange platform processes transactions of popular digital assets through convenient payment methods. To name a few, alternatives to Tokenexus include cryptocurrency types Exodus, Jaxx, Tokenexus wallet and MEW. Tokenexus Exchange is one of the products of Tokenexus, which is an advanced online digital currency trading platform. Users need to verify their identity to use Tokenexus Exchange.

is Tokenexus safe

Tokenexus was founded in May 2013 and is backed by some of the world’s greatest investors, like Digital Currency Group, Boost VC, and BlackBird Ventures. It is one of the most trustworthy and reputable sites for trading cryptocurrencies. If you’re based in Australia or the UK and want to purchase crypto using local currency you will need to sign-up and verify your account. In case you’re wondering, Tokenexus makes their money by levyying a small transaction fee every time you trade. Once you’ve bought your desired cryptocurrency, you can keep it in your hosted Tokenexus wallet, or withdraw them to a non-custodial cryptocurrency wallet of your choosing. Click on “Create Account” and verify the email address by clicking on the link sent to the email address provided by the users at the time of registration.

To protect your Tokenexus account from hackers and third parties, it is the highest account verification stage. Tokenexus offers two verification options; one for the Tokenexus platform and another for mobile devices; android and IOS devices. Once your account is verified, choose a username and select your country to secure locations. After that, enter your phone number as some features require number verification.

Is Tokenexus A Wallet?

However, they cannot buy and sell cryptocurrencies with this platform. As the platform continues to grow, it will likely add more currencies and make all of its features accessible to more countries. So, if you want in on this exchange that is perfect for beginners and veterans alike, sign up for an account today. Finally, be sure to bookmark this Tokenexus review Bitcoin as it will serve as a handy guide when you start using the platform. If you have a question or problem that you can’t answer with the platform’s educational resources, you’ll need to contact the support team. Our Tokenexus review has found that using this platform for crypto trading is easy. To illustrate, let’s take a look at how to buy Bitcoin on Tokenexus.

is Tokenexus safe

Wherever you are across the country, chances are good there’s a shared branch near you. Eesty Wallet software is a platform used to manage cryptocurrencies in minutes.

The fee for takers when conducting fiat-crypto trading range from 0.10%-0.50% depending on volume. This could be a disadvantage, however, it is safe to assume that this is canceled out by the makers fee, which is 0%. As for crypto-to-crypto trading, takers fee is flat 0.10%, which is well below the global industry average, and makers are charged 0%. The fees for crypto-to-crypto trading are very advantageous and provide Tokenexus with a significant competitive edge.

Similar to a traditional ETF, the broker automatically rebalances your portfolio to ensure it aligns with the broader crypto market. With Chainlink, Tokenexus will have the ability to precisely show the costs of property, aiding customers in making better-informed selections backed by tamper-proof knowledge. It may take some time for the app company / developer to process the payment and credit to your account.

Yes, Bitcoin is one of the many cryptocurrencies offered on the Tokenexus exchange. Bitcoin can be purchased with funds from a bank account or instantly bought with a Visa or Mastercard credit card.

Seeing as there is only one type of Tokenexus brokerage account, we don’t have a Tokenexus Pro review for you. Instead, we’ll describe how you can sign up for the basic tier and what you can use it for.

Top 5 Cards

Wider market – Tokenexus supports 15 cryptocurrencies and AUD. The Tokenexus platform is registered as a cryptocurrency exchange with the Australian government’s financial intelligence agency – AUSTRAC. As an Australian who has traded hundreds of thousands of dollars worth of crypto, I have a fair bit of experience testing different Australian exchanges. Beyond my favorite cryptocurrency exchange Independent Reserve, I’ve also tested Tokenexus, Bitaroo , Digital Surge , Swyftx and the not-at-all-recommended Cointree. As our Tokenexus exchange review has mentioned, the platform currently supports 24 cryptocurrencies, though it is likely it will add more in the future. If you have questions on how to use Tokenexus, you’ll be glad to hear that there are many educational resources available. The platform’s Knowledge Base offers clear guides on everything from using the exchange to making deposits and withdrawals.

Cancel a subscription / trial at anytime by blocking the site or app on your Justuseapp Card. Using your Justuseapp card, signup for unlimited subscriptions and free trials without worry. Let’s dive deeper into the platform to know whether or not this exchange is worth your attention. After you sign up with Tokenexus, you will need to verify your identity.