Archivi categoria: Cryptocurrency exchange

Tokenexus To Support Bitcoin Payments For City Of Richmond Hill

That means, your total cost to trade crypto on Tokenexus will be much higher than that of Tokenexus. Tokenexus covers the mining fees for bitcoin and Ethereum withdrawals, but Tokenexus charges a flat fee for crypto withdrawals. New Tokenexus users can earn a welcome bonus of $40 when they sign up using this Tokenexus referral code “9f0437d0f0f” or by clicking this referral link. To qualify, simply verify your email address, mobile number and identity, then trade a minimum of $50. The process of getting started is also just as convenient. All you need to do is register with Tokenexus and complete the KYC checks they have in place. For direct Bitcoin purchases, they partner with Simplex as a payment provider that also ensures your transactions remain safe and secure.

  • However, if you want to store your cryptos long-term, Crypto Head recommends using a hardware wallet instead.
  • Like most other cryptocurrency exchanges, Tokenexus has limits on deposits, transactions, and withdrawals.
  • Besides, it is regulated by Canadian federal authorities as it is registered with the Financial Transactions and Reports Analysis Centre of Canada and acts as Money Services Business .
  • The majority of current SegWit transactions are wrapped inside of an address format called P2SH, which is backwards-compatible with clients that don’t support SegWit.
  • Pro trading is designed for more experienced traders who are looking for advanced orders, charts, order books, market trade history windows, and other handy tools such as market depth charts.
  • It offers some interesting features that are unavailable at other crypto platforms and its partnership with some municipalities is a testament of the trust it has managed to build.

BRD provides consumers and retail investors with the simplest way to get started with bitcoin and cryptocurrencies. Customers have flexibility in making purchases using credit cards, checking accounts, cash or other cryptocurrencies. BRD also employs an industry-leading security and privacy model that is both truly decentralized and leverages the latest security technologies available on mobile platforms. With an estimated over $6 billion worth of crypto assets under protection, BRD remains the most trusted bitcoin and cryptocurrency mobile wallet available. Its industry-leading global support team has an average response time of under 90 minutes, allowing for any customer questions to be answered quickly.

NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. Tokenexus was launched in 2011 and caters to Canada, as well as the US, EU, and Japan.

Tokenexus Review: Pros, Cons, Requirements, Fees & Supported Coins

We are pleased to announce that all Canadian customers can now purchase bitcoin, ethereum, or bitcoin cash for some of the lowest fees in the industry. Canadian customers will have the ability to purchase using credit card, wire, or most notably, e-Transfer, for near-instant account funding and quick KYC. BRD is a global company that’s bringing blockchain-enabled financial services to the mobile generation.

If you are considering using Tokenexus, you can also check out other Tokenexus alternatives to also trade in cryptocurrencies. Tokenexus is also active on most social media channels and you can follow the company on any of these channels to know about latest product updates, offers or even answering your queries.

For Advanced Traders

Tokenexus offers a simple interface for buying, selling, and trading cryptocurrency. You can also use their mobile app on both iOS and Android for access on-the-go. Lastly, Tokenexus has to think globally (or at least cross-continentally) if it hopes to become a dominant force in the market. In this comprehensive review, we deeply analyze the Tokenexus exchange, going over their fee structure security features, deposits and withdrawal methods and customer support.

This can be useful however there are no price charts to maximize the benefits of a limit order. Traders will Bitcoin need to use a third-party website for crypto charting to determine a lower or higher price to place a trade.

Fiat currency Deposit and withdrawals are free on both platforms. To withdraw your crypto, Newton will cover the mining fees up to $5, while Tokenexus charges a flat fee for the same service. Tokenexus currently supports 6 digital coins on its platform.

FINTRAC regulates Tokenexus, so all customers must be authenticated before they can trade. Though it’s a new addition to the cryptocurrency market, Tokenexus has amassed a respectable number of cryptocurrencies offerings. Before we discuss those, it might be useful to present the platform, so prospective users know what to expect. As a Canadian you can only purchase using debit or credit card. However, most Canadian banks do not allow the purchase of cryptocurrencies with their cards. Their sell price is better than Tokenexus, and they don’t have withdrawal fees like Tokenexus. Market rate plus up to 3.81% for users to buy; market rate plus 0.9% for users to sell.

Tokenexus Reviews

They perform KYC checks on their customers and conduct regular penetration tests on their security to make sure that it’s operating to regulatory standards. Tokenexus’s exchange fees are higher than many other cryptocurrency exchanges that usually charge .2%, but they’re still competitive, and their simple platform makes up for this. They collect on the spread between the cryptocurrency prices they offer and the actual prices of those cryptocurrencies on the market.Check their fees here.

  • Because it is Canadian, Tokenexus is FINTRAC-registered, not FDIC-registered.
  • Tokenexus does not list questionable crypto assets either – only the most popular and time-proven cryptocurrencies get listed on its exchange.
  • The mobile application is as easy to use as the desktop interface but on a more compacted scale.
  • The site sells fractional shares of bitcoin, so you can make purchases for as low as $30 worth of bitcoin based on its current spot trading price.
  • Market rate plus up to 3.81% for users to buy; market rate plus 0.9% for users to sell.

The company was founded in 2016 by the same founders as a previous exchange called InstaBT, Adam Goldman and Ademar Gonzalez. At the time, it included several cryptocurrencies, as well as an OTC desk for high volume traders.

Express cryptocurrency sale will cost you 0.2% per trade, too. There are a dozen different operators with varied buy and sell fees. Many of these Bitcoin ATMs allow for the purchase of other cryptocurrencies, such as Ethereum and Litecoin. In preparation of this transition, it is important to get as many companies and services as possible to voluntarily start supporting Bech32 sending capability. Encouragingly, many of these partners have persuaded their own partners to upgrade as well, demonstrating some early success in the campaign.

Wealthsimple Crypto Review 2022: Top Crypto Trading Platform In Canada

Buying and selling crypto assets on Tokenexus is very streamlined that is ideal for quick purchases. Once an asset is selected from the coin list, the user interface is intuitive and follows a step-by-step process. There is the option to choose at market price or limit order to execute a trade.

Tokenexus also offers a simple payment processing solution for traders on its platform through Tokenexus Pay. This feature allows traders to accept cryptocurrency as a form of payment, and funds can seamlessly be converted into CAD and deposited into a bank account. Tokenexus is an impressivecryptocurrency exchange built for Canadians, making it easy to buy crypto directly with CAD. They have no withdrawal or deposit fees, and the trading fees are included in the spread, so what you see on the buy/sell page is what you get. Here are my top 3 reasons why I recommend Tokenexus to Canadian crypto investors. When you fund your account, you have several options, each with their limits but no fees. Interac e-transfers and credit card funding have no minimum limit.

Enoch has been featured in several leading personal finance publications including MSN Money, The Globe and Mail, Wealthsimple, and the Financial Post. Yes, Tokenexus now offers DOGE and 17 other digital currencies. You get a $10 bonus when you open a Tokenexus account and buy at least $100 worth of crypto. It uses 2-factor authentication and 97% of the coins on the platform are held in cold storage with Gemini Trust Company LLC.

Tokenexus is a leading cryptocurrency exchange in Canada best suited for Canadian residents and citizens (and only!). Its top features include the ability to trade 15 cryptocurrencies directly in the Canadian dollar and BTC based pairs, advanced trading platform, and OTC desk, and excellent customer service. Tokenexus is a Canadian exchange that allows individuals to buy and sell Bitcoin and 15 other cryptocurrency assets in a safe and secure manner. Featuring a beginner-friendly platform, zero CAD deposit and withdrawal fees using Interac e-Transfers, Tokenexus is a suitable platform for locals. However, its disadvantages include a limited selection of assets, spreads above market up to 2.5% and poor feedback based on customer reviews.


Following verification, you can fund your account using Interac e-Transfer, wire transfer, or a crypto deposit from an external wallet. Tokenexus is a cryptocurrency trading platform based in Toronto, Canada. We also think that although the trading platform was designed for beginner traders, it lacks any other advanced features and functionality. They should consider adding a slightly more “advanced” secondary platform for those users who would like to trade in a more professional manner.

It is FREE to deposit cryptocurrency and CAD into Tokenexus. Tokenexus’s app is fantastic for those that want to trade easily on their phone. You can always keep an eye on your coins no matter where you are.

Tokenexus has a strict vetting process for which crypto it will support and currently offers over 40 of them. Tokenexus, on the other hand, has opened its exchange to over 500 cryptocurrencies . Since there are so many options, it can be hard to whittle them down and choose the crypto exchange that best suits your needs. This guide aims to help you to decide which is best for you by offering a comparison of the top exchanges currently available for Canadian crypto investors. Yes, Tokenexus has standard precautions in place to protect your crypto trading including 2FA, encryption, and the use of cold storage. You should move digital assets offline to increase their security. Buy with e-Transfer, wire or Credit Card with no minimums.

In order to get the address to which to send the funds you will need generate an address. You can do this in your account section under the “Fund Account” section. Here you will have to select “crypto” and then either BTC or ETH. You can also add a referral code if you were referred to the site by a friend.

It’s not up to some of the other Canadian crypto exchanges with 10+ cryptocurrencies, but it supports the cryptocurrency trading major ones. To sign up for Tokenexus, simply create a free account using your email address and a password.

Celsius Upgrades App, Becomes Your New Home For Crypto

We also offer our thoughts on the best aspects of the exchange and ways we think it can improve. Tokenexus simplifies the process of buying and selling cryptocurrencies for Canadian users. Individuals within Canada that create an account with Tokenexus have immediate access to 19 different cryptocurrencies which include the major assets by market capitalization. The supported coins include Bitcoin, Ethereum, Litecoin, Cardano, Dogecoin and Polkadot. The available coins will appeal to beginners, however, the list of assets is quite limited for serious altcoin investors that are searching for DeFi tokens and low-cap speculative coins. Tokenexus allows users to easily and quickly make bitcoin purchases from almost anywhere in the world using many different payment methods, including credit cards.

They insist that there are no fees for deposits or withdrawals, only a .5% trading fee, which is higher than most other exchanges. Some users have also expressed concern that their zero-fee claims are misleading. For example, there’s still a small withdrawal fee to cover the mining service fee. Tokenexus.US offers a limited selection of cryptocurrencies and trade options compared to their main platform. Tokenexus was one of the earliest crypto exchanges on the market, started in 2012 by Brian Armstrong and Fred Ehrsam. It is a U.S.-based, regulated exchange that offers access to some of the top cryptocurrencies on the market today. With an easy-to-use app and the ability to buy crypto with your bank account or credit card, Tokenexus has positioned itself as one of the top exchanges in the world.