Tokenexus Review 2022

You can buy and sell in more than 200 different coins as well as in AUD. If you’d like to buy Bitcoin, select the asset from the list. Next, you’ll see an order entry box displayed where you can enter the amount of AUD you’d like to use to purchase Bitcoin. This approach is a standard process that protects the crypto exchange from involvement in suspicious activity and money laundering. Once you’ve signed up for an account, you can instantly start buying and selling Bitcoin. You’ll also gain access to the open market, where you can earn potential profits through speculation.

As with any asset, the values of digital currencies may fluctuate significantly. This includes crypto-to-crypto trading pairs, as well as crypto-to-AUD.

Tokenexus Pros And Cons

Tokenexus also comes with responsive customer service and a ticket system. Choosing acryptocurrency exchangerequires doing your research. Whether you’re new to digital currency or have some experience with cryptos, you must carefully select where you place your trades and investments.

It is more or less like buying a basket of various cryptos all at once, skipping their fees in the process. Tokenexus bundles are useful, and they allow you to buy a wide range of digital assets with one transaction, helping you diversify your portfolio. Tokenexus’s referral program is eligible to all users of the exchange by sharing a referral code to friends and family to both receive $10 worth of Bitcoin after the first AUD deposit. The exact amount of Bitcoin credited will be the equivalent value of $10 at the time the referred party completes their first AUD deposit. An order book is positioned below the order boxes which can be useful to see the trading volume and asset liquidity. This is particularly important on altcoins that have low trading volumes.

The opinions expressed in this blog do not constitute investment advice and independent financial advice should be sought where appropriate. Stay up to date with our latest exchange reviews, promotions, how-to crypto exchanger guides and educational articles on Bitcoin, cryptocurrency & more. This means there is a low risk that personal information that is stored on the exchange to comply with KYC requirements will be compromised.

Buying Experience

The exchange offers over 300 altcoins including some new coins that have just been released on the market. To make your life easier the Tokenexus platform has created a mobile APP for you to be able to manage your investments everywhere & anywhere you go. The app is easy to maneuver, and within just a few clicks you will be able to take a position or leave the market at any given point. The app will be available for you on Google Play and App Store. You owe it to yourself to explore the vast array of crypto exchanges. Australian Super Fund investors will enjoy over-the-counter trading desks and support.

The Tokenexus app can be downloaded from the Google Playstore or iOS Store. The equivalent amount of Bitcoin is displayed at the current market rate.

How To Use Tokenexus

In addition, you can contact its support team via the exchange’s “Help” widget, situated on the website’s bottom corner. All “Help “queries have a 24-hour answer window on business days. To deposit crypto into your Tokenexus account, tap the Wallets button, choose the crypto asset you want to deposit, then click ‘Receive’. The advanced trader can leverage Trading View’s charting package from a Tokenexus account. There are also price action indicators, trend lines and technical analysis for the professional trader.

Therefore, I’m comfortable recommending it along with other exchanges like Tokenexus, Independent Reserve and Digital Surge. If you sign up to Tokenexus just remember to use its exchange only, as mentioned above. 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.

Like other top cryptocurrency exchanges, Tokenexus has a mobile application to help its 1 million users stay flexible on the go. Overall, the trading fees cater towards beginners looking to make their first Bitcoin & cryptocurrency investment using AUD. However, the trading fees are too high for active buyers and cryptocurrency traders as the 1% fee will eat into any potential profits.

Tokenexus completes the transaction for you and charges a 1% fee for doing that. The exchange helps complete the transaction at once, and users don’t need to worry about fluctuations in price as they wait for their order to get filled. All the 290+ cryptos listed on Tokenexus are available here too. Users can find the instant buy/sell tab on Tokenexus’s homepage.

Mobile Application

The exchange is often regarded as one of the top cryptocurrency platforms in Australia and is well known in the local community. In this Tokenexus review, we assess and compare the main features such as its overall trading experience, deposit methods, fees, security and customer support. Our methodology for this assessment includes creating an account, depositing funds and trading crypto to experience the full features of the exchange. You can easily buy Bitcoin, Ethereum, XRP and over 280 other digital currencies directly from your Tokenexus account. You can even swap directly between any currency listed on the platform.

This exchange has not been hacked in its over ten years of trade. This is no mean feat in the world of cryptocurrency exchanges. It already lists over 250 digital currencies and has just recently listed new coins Polkastarter , Livepeer and the XinFin Network .

BPAY deposits incur 0.9% deposit fee and cash deposits at a newsagent has a 2.5% deposit fee. 2)Tokenexus is Australia’s most trusted and secure crypto exchange, having undergone the most audits, and is the only exchange to receive the coveted ISO certification. It is registered with AUSTRAC, to prevent money laundering and terrorism financing, and most of its assets are held safely offline in cold storage. When it comes to finding the top cryptocurrency exchange and the best cryptocurrency exchange rates, you must do your research. If you’re based in Australia and looking for an exchange that transacts in AUD and digital currencies such as Bitcoin, look no further than Tokenexus. Once you’ve got a Tokenexus account, you gain access to exploring the website’s many features.

How To Withdraw Money From Tokenexus

Unlike the P2P exchanges, you do not have to wait for another trader or an e-commerce counterpart and negotiate on a price before you can actually purchase the crypto you want. Tokenexus already owns cryptocurrencies and thus is capable of trading assets on its own. Tokenexus works much in the same way as any other cryptocurrency exchange. The platform matches buyers is tokenexus safe and sellers, and charges trading fees for its efforts. When you first register an account with Tokenexus, you’ll need to deposit some funds. Once your account is funded, you can then begin trading at Tokenexus. Whether new to trading Bitcoin and cryptocurrency or an experienced trader, Tokenexus allowsOver The Counter trading for high net worth investors.

After you’ve done this, you’ll have to set up your two factor identification, which uses your email and phone number to verify your identity. Once you complete your onboarding and verification on Tokenexus, you can then download the Android or iOS App to for more convenient trading.

Tokenexus bundles is another great feature on the platform where you can invest in several digital assets at the same time. For example, if you are interested in buying all the Defi projects listed on Tokenexus, simply go to the Bundles page, locate your Bundle, and click Buy. This will save you time and it also gives you new investment ideas. The main office is located in Melbourne, Australia, and the operating company of Tokenexus is called Casey Block Services Pty Ltd. The team behind Tokenexus has a common goal of creating the best and easiest place for Australians to invest in bitcoin and other digital assets.

• Their Instant Buy & Sell feature will make a crypto asset purchase in seconds.
• Whether new to trading Bitcoin and cryptocurrency or an experienced trader, Tokenexus allowsOver The Counter trading for high net worth investors.
• User experience is another of Tokenexus’s advantages as a cryptocurrency exchange.
• Tokenexus is the most highly regarded exchange in Australia boasting over 1 million users.
• Once you’ve been verified and have deposited some money and/or cryptocurrency into your Tokenexus account you’re ready to start trading.

After you’ve created an account with Tokenexus and been verified, you can immediately start buying and selling cryptos. To access these transaction capabilities, click on the “Buy/Sell” choice at the top of the page. You can transact in cryptos in a matter of minutes and can take advantage of Tokenexus’s exchange platform with TradingView charts. It also offers advanced order types with a wide range of options available to users. Join the thousands of entrepreneurs and business leaders who choose this top quality platform for video events and webinars.

This is generally considered the best way to purchase BTC in Austalia. It has a suitable array of security features, one of the pointers to a good crypto exchange. For one, the reputable and trustworthy exchange has not suffered Tokenexus Cryptocurrency Exchange Review: Details and Features a hack since 2013. Disable withdrawals is another useful security protocol that can prove helpful and timely for Tokenexus users. You can use it to prevent anyone from withdrawing AUD or cryptocurrency from their account.

The overall verification process takes less than 24hours to be approved before the users can perform buying/selling activities. Like most cryptocurrency exchanges, to create an account with Tokenexus, new users will need to go through a registration process to create a crypto trading account. To get started, visit the website and click ‘Register’at the top of the page, fill in the details and click’Create Bitcoin Account’. We really like how clean and crisp the platform is, which makes it super simple for those that don’t have much experience in using cryptocurrency exchanges. We also like the fact that Tokenexus lists more than 100 cryptocurrencies. At Trading Browser we aim to protect the end-user by delivering content that is fully transparent and aimed at user experience, trust, and security above all else.

If you are just starting out in Crypto and wanted to use a trusted Australian platform this is perfect. Perhaps more development on the app would be a great selling point. And obviously we would all love more variety of coins or tokens to invest in. Like POLi Pay, PayID is another instant bank transfer deposit method that Tokenexus offers and uses the using the Australia wide New Payments Platform Ethereum cryptocurrency . Deposits are completely free, but you’ll have to check with your banking provider for the daily limits, as they can vary. A tried and tested bank transfer method that is owned by Australia Post and has been around for years which has gained the trust of thousands of establishments and individuals. Each time you want to buy or sell, you’ll need to log in to your Tokenexus account.

Newton Exchange Review

I was struck on the app until 2am that night looking at all the ones I can invest in. Highly recommend anyone who’s been wanting to invest to give it a go. Unlike other crypto apps it uses local currency to give you a figure you can understand rather than US dollar. Safety and security is a significant concern for all crypto users. Bitcoin and other cryptocurrency scams are popping up all over the world on a daily basis, and no one wants to be the victim of one.

Instant Buy & Sell

Tokenexus supports several payment methods for users to deposit funds into an account to buy Bitcoin. The most popular choice to deposit funds into Tokenexus is via bank transfer using a direct deposit, POLi or PayID.