Tokenexus Portfolio Investments, Tokenexus Funds, Tokenexus Exits

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 Tokenexus app lets you access all of the features on their desktop version, including buying and transferring cryptocurrency. It also has biometric capabilities for security when using it on your device. The simple to use platform gives investors and traders access to the crypto market’s largest cryptocurrencies.

• Tokenexus’s privately maintained codebase keeps core components closed source, so your intellectual property is safe from prying eyes.
• Started in 2016 to make Bitcoin accessible to everyone, the Toronto-based platform has come a long way.
• If you only have a few transactions and the above methods are not possible for you, you can also add the transactions manually through Koinly’s web interface.
• You know you can trade safely on Tokenexus, as they routinely conduct financial audits, monthly security audits, and transaction reporting audits using trusted third parties.
• One thing to keep in mind is that cryptocurrency trading and investing is risky no matter what cryptocurrency exchange in Canada you use.
• This is normal practice and Tokenexus’s fees and spread are comparable to the other crypto platforms.
• You may use a software or hardware wallet, but the latter provides the highest form of security.

Canada features high on the list of crypto-friendly states, and Tokenexus is one Canadian crypto exchange platform that makes it easier for users to buy and sell these digital assets. Started in 2016 to make Bitcoin accessible to everyone, the Toronto-based platform has come a long way. It has expanded its offering from just BTC to popular altcoins like ETH, LTC, XLM, XRP, BCH, DAI and EOS, with more to be added soon. Tokenexus offers CAD fiat currency deposits through wire transfer, Interac E-transfer or through an expedited Express Interac E-transfer. If you for some reason would prefer to deposit to your choice of trading platform via your credit card then you need to find another exchange. Don’t worry though, you can find an exchange that accepts credit card deposits simply by using our Exchange Finder tool. In sum, it is clear that a happy client is Tokenexus’s priority.

Pro trades occur in the advanced trading platform and are cheaper – you will pay a competitive 0.1% maker fee and a 0.2% taker fee for buying and selling cryptocurrencies. tokenexus scam’s broker and marketplace approval means that the exchange will not need to route the trade orders of its customers to third-party entities abroad.

Pro Trade

Use the API to automate trades with high-frequency trading and live exchange rates. Although Tokenexus is a great platform for cryptocurrency trading in Canada, there are a few drawbacks that I need to mention. To find out more information and see alternative crypto exchanges that don’t have these issues, you can click on the jump links below. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

The fees applied will be 0.10% when you place limit trades and 0.20% when you place a market order. This is an excellent way to keep your funds secure because cold storage is much more difficult to hack and/or steal. Besides, if you’re worried about your account getting hacked and/or stolen, you can also set up 2-factor authentication on the platform. The platform offers email support as well as a comprehensive FAQ section and web page. Now that tokenexus scammers has cleared the OSC approval process, Arbus said the company’s goal is to bring more tokens onto the platform and expand trading volumes.

Top Wallets

Tokenexus will also pay a referral bonus of $40 for each friend you refer. All they have to do is satisfy the same minimum deposit requirement of $250. This does not give us access to your private keys nor the ability to move your funds. While Ethereum has solidified its place within the crypto industry, the last year has proven… In my experience, it tends to be much quicker than that, with most e-Transfers processed in under an hour. When reviewing Tokenexus and comparing it to other market participants, it stands out the most for its transparency.

If you do not want to pay for a wallet, simply open the Wallets page to access the wallets. This will show you a summary of your balances across the wallets. Note that for every wallet, this Canadian exchange provides a Canadian dollar over and above cryptocurrency bitcoin the total available balance and crypto balance. For receiving or sending funds in CAD, use any one of the payment methods listed below. All users must note that the processing times are just indications and may vary depending on the bank provider.

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This feature ensures that the intellectual property is kept away from inquisitive eyes. Alternatively, you can also place limit orders by specifying a buy/sell price. The expected value in CAD will be provided depending on your limit order price.

Many exchanges charge what we call taker fees, from the takers, and what we call maker fees, from the makers. The takers are the people who “take” orders from the order book. This means that they remove order options from the order book and thereby remove liquidity. Makers are the ones who put the orders on the order book in the first place. Tokenexus is leading Canada’s cryptocurrency exchange for a reason, and focused, reliable, and customer-oriented are the right words to define it. If you’re just starting out, a Canadian Dollar deposit will cost you between 0.5%-1.5%, based on the payment method.

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You will also be provided with the options- Use Best Bid or Use Best Ask before placing the trade. You can find your order history in the My Orders section after you have placed your trade. Investors can also trade cryptocurrencies from their wallet pages. If you wish to buy/sell, open your wallet page and press Buy / Sell. This will direct you to the Express Trade page, follow the instructions given in the previous method to complete the crypto trade. Deposit cryptocurrencies supported by Tokenexus for investing and trading purposes.

Pro trading is geared towards experienced traders, while Express lets you purchase cryptocurrencies easily and without friction. Users like cryptocurrency news 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. 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.

Users can easily transfer cryptos between their external wallets and their crypto wallet vs exchange wallets. As shown below, details provided include data, transaction type, amount, coin, status, and blockchain record. As shown below, information provided includes transaction type, date, bank, amount, payment method, and status.

Extra tools for advanced traders such as Pro Trade, access to OTC and tokenexus API. Their goal is to make the process of getting started with cryptocurrencies less daunting and accessible to everyone. In addition, you can make money by referring other users to the service.

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Tokenexus is a regulatory compliant platform that is registered with the Financial Transactions and Reports Analysis Centre of Canada as a Money Services Business . All images, branding and wording is copyright of Tokenexus App. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the product mentioned on this page.

The exchange is fully regulated by Canadian federal authorities through their registration with Financial Transactions and Reports Analysis Centre of Canada as a Money Services Business . Currently, the exchange only onboards residents or citizens of Canada. To find an exchange accepting also non-Canadian traders, you can check out our Exchange List. Merchants We’ve gathered some of the best merchants that accept crypto in one place.NFT Markets All marketplaces for NFTs in one, easy to compare, list. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

It complies with the Financial Transactions and Reports Analysis Centre of Canada or FINTRAC. While there are many agencies and production companies that are capable of adapting to a variety of needs, truly engaging work is born out of collaboration. It is this very concept that makes the forthcoming partnership between creative management agency ATRBUTE and self-proclaimed image-makers Serial Cut so exciting. For its 2021 financial year results, Kogan reported its net profit after tax whittled down to AU$3.5 million, marking an 86% decline compared to its AU$26.8 million performance last year. Kogan owns and manages a portfolio of domain names, including Tokenexus.com. Since completing a degree in journalism, Aimee has had her fair share of covering various topics, including business, retail, manufacturing, and travel. She continues to expand her repertoire as a tech journalist with ZDNet.

Tokenexus is very serious about the safety of the platform and the customers. It uses one of the best crypto exchanges using above-par security systems to protect the accounts with additional 2-factor authentication and 95% cold storage. Withdrawal fees are free but only on the cryptocurrency exchange side. It should be noted that they charge a miner or network fee on the transactions. If funds are withdrawn in Canadian dollars, then a certain fee would apply. Withdrawing crypto from the exchange is as easy as depositing.

In June 2021, Tokenexus announced its partnership with Canadian Elite Basketball League . With the partnership, CEBL became the first pro sports league in North America to offer its players pay in bitcoin.

• In order to make a Canadian Dollar withdrawal, go to the “Wallets” page and then click the “Withdraw” icon located on the right-hand-side of the CAD wallet.
• Users are also able to deposit and withdraw Canadian Dollars.
• It is an easy way for beginners to buy one of 9 different cryptocurrencies, with an Express Trade function, and for more advanced users, the Pro Trade feature includes advanced charts by TradingView.
• Please contact us in the Live Chat if you wish to gain access to this API integration.
• Yes, Tokenexus is the most secure and trusted crypto exchange in Canada.

The Express Trade platform lets users buy and sell cryptocurrency with Canadian dollars, making it the easiest way for users to deposit funds. Tokenexus is a cryptocurrency exchange located in Toronto, Canada, that originally launched as Instabit in 2013. It has rebranded since then, expanding its operations, securing venture capital funding, and expanding the selection of cryptocurrencies that you can exchange in its platform. In the case of transferring already held cryptos, select the appropriate crypto wallet listed on the “Wallets” page and click the deposit option.

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Essentially, it allows you to execute your trading strategy with more precision and control. Besides, the trades are cheaper there – but it might be too overwhelming for inexperienced users. Express trading is trading made simple – all you need to do is select the crypto assets you’d like to buy, enter the dedicated amounts and click the purchase button. It is an ideal option for novice traders who are just entering the world of cryptocurrencies yet it also charges higher fees .

The platform is beginner-friendly as well as suitable for advanced traders. This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Typically, cryptocurrency exchanges charge deposits or/and withdrawal fees or trading fees. Tokenexus’s Express cryptocurrency sale and purchase have two different rates. At 1.5%, its deposit and withdrawals fees for Interac is the highest in Canada. Other platforms like NDAX and Newton support more digital coins at lower fees than what Tokenexus currently offers.