The cash vouchers are the most expensive buying option, as the fees incurred range from 5.9% to 11.9%. Tokenexus offers an option, called “Buy Near You,” which reveals the nearest points of sale of the Neosurf and Cahslib prepaid cards and the Tokenexus proprietary gift card.
Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
What Payment Methods Are Accepted On Tokenexus Io?
Use credit cards, e-wallets, wire transfers, or even cash. Specific methods Tokenexus Review: Pros and Cons of Cryptocurrency Exchange include Maestro, Mastercard, Visa, TrustPay, CashLib, and Neosurf.
You can only change email address, home address, and your name by emailing their customer support. That’s done to prevent fraud in case of an unauthorized access to an account. 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. All the major bank cards are accepted like VISA & Mastercard.
Best Bitcoin Exchanges 2019: The Ultimate Guide
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. Tokenexus charges different fees, depending on which payment method you used to buy your cryptocurrency. However, no matter which payment method you use, the fees are quite high compared to many othercryptocurrency exchanges. The cheapest fees you can achieve on Tokenexus is via direct banking with Trustpay at only 3%. The next more affordable fees are by paying with credit card, incurring fees of 6.9%, which is quite high compared to any regular exchange. Tokenexus charges a hefty 6.9% fee on all credit card purchases.
- However, currently, it is only available for users in the EU.
- We made a number of reviews similar to this one, that you can check out at any time, including guides about Tokenexus, CEX.IO and BitPanda.
- For instance, Tokenexus only accepts 3D secured credit cards for fast and secure credit card payments.
- This fee seems to apply regardless of the transaction value.
- You will be required to confirm the account by clicking on the link sent to the email address that you provide.
However, users who want to remain anonymous are out of luck if they wish to buy more than €25 Euro worth of cryptocurrency on Tokenexus. In our view, if Tokenexus really wants to corner a market for beginners in crypto without offering its own wallet, then there is one thing it could do. As you’re storing your crypto purchases in your own wallet, the security of your coins depends on the security of your wallet, not of the Tokenexus exchange.
Leave Tokenexus Review
Buy cryptocurrencies via credit/debit cards and all the cards from prominent card processors such as VISA, Mastercard, Maestro, American Express. Tokenexus powered transactions are secure, easy, and instant, thus making it the most straightforward platform is tokenexus safe for cryptocurrency purchases. Again, you can be able to pay online with credit card or with cash via prepaid cash vouchers. The Tokenexus platform shows a price chart and order history and is intuitive to use, but it is not a proper trading platform.
To get started, users have to fill in a simple form and that’s it. There are enough options available for occasional traders, but not for professionals. There is no verification needed for the first 25€ BTC purchase, but for larger sums, users must provide ID verification.
Explanation Of Security Features Plus Bonus Information #1
As with the options for buying your crypto locally, your cryptocurrency will be delivered within minutes after you redeem your gift card. If you want to buy your Bitcoin as cryptocurrency fast and easy as possible, then you have to try out Tokenexus cryptocurrency exchange. This service offers you the chance to make transactions on Bitcoin anytime you decide to.
The payment options for buying cryptocurrencies on most exchanges are very limited. Tokenexus outranks other exchanges at giving its users an abundance of payment options for buying both Bitcoin and Ethereum. Tokenexus has successfully developed the reputation of being a secure cryptocurrency exchange. The company has many physical store locations in France, and it is active on social media which proves its legitimacy. The company as well encrypts all its data and is run on an SSL secured website. It also takes all the precautions and security requirements you would expect from a financial service.
Founded in Paris in 2015, it’s one of the very few bitcoin exchanges with an actual physical address, which gives them extra credibility. Although it’s not licenced it does follow some regulations. However it’s only available in over 50 countries and rates can be a bit high sometimes. This forces you to be more serious about the security of your crypto assets. To use this payment method, go to Tokenexus Account and select EUR Wallet option. This said, cash purchases can be made at a much cheaper alternative. That’s so because its user reviews are similar to those of Tokenexus, while its fees are much lower.
In short, a platform dynamic enough, that could usher the mainstream adoption of cryptocurrencies and provide unhindered crypto experience. Further, the platform maintains bank-grade security which is subjected to regular testing and audits. The addition of 2FA helps to provide an additional layer of security to the account to protect the account from unauthorized access. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. Buying through cash vouchersis also possible on Tokenexus .
Tokenexus: Instant, Easy And Secure Cryptocurrency Purchases
There is also an alternative option of entering the details later. It will allow you to deposit and exchange cryptocurrency but only in a limited capacity. 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.
- If you fall into one of those cases where you cannot log into our page, here is a guide for you to fix it on your side.
- However, Tokenexus is most commonly used by European users, although the dollar is also supported.
- These platforms differ in terms of fees, payment options and verification requirements.
- Login to your card statement account & notice the small transaction amount.
- We cannot foreknow the future and thus cannot say that it is safe to work with this particular platform 100%.
Use Neosurf & Cashlib cash vouchers to buy Bitcoin, Ethereum & more in over 150K+ stores around the world. To add your wallet, simply click on the “wallets” option and then enter the wallet address. Save this address, and your wallet will now be secured. To create a Tokenexus account, users can click on the “Sign Up” button on the company’s website.
Tokenexus enters all your purchased coins to whatever wallet you have added to your profile. 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. The trading platform offered on Tokenexus is not exactly a proper trading platform, but it gets the job done, and it is quite intuitive and straightforward to use.
When thinking of security, Tokenexus is quite safe and legit service delivery. It has a number of physical locations in France cryptocurrency for beginners and few located in the US. It also deals with an active social media presence and an ever-presence online service.
As a trader on Tokenexus, you just have to fill in a simple form, and your transaction will be processed. For the irregular trader, this is more than enough but is not sufficient for an experienced or a professional trader. While our Granny example may be far-fetched, Tokenexus does state that it is working to open cryptocurrency up to users in developing countries. This goal is laudable, however, users need that external wallet setup regardless of where they are. If using cash vouchers, then you can only purchase cryptos worth € 2,500 per week.
The various payment methods place it ahead of its competitors. It also has led many beginners to join the cryptocurrency world by making purchases easier. Tokenexus is a French exchange platform that was founded in 2015 by three friends and cryptocurrency enthusiasts. While crypto exchanges such as Tokenexus are often targeted towards traders, Tokenexus is very clearly targeting itself towards crypto novices. The service aims to make it easy for anyone to buy cryptocurrencies using a credit card or various other payment methods. Tokenexus is similar to LocalBitcoins to the point where we can safely call them direct rivals in the cryptocurrency market. It provides numerous payment methods for its clients to use for a low fee.
The delivery is always express, with the assets arriving in just minutes. The company is also working on integrations with different payment providers to enable easier cash payments for countries that don’t have a large base of credit card users. Tokenexus even offers gift cards, so you could give your Granny the opportunity to buy her own bitcoinson Tokenexus as a Christmas gift if you like. Whereas Tokenexus allows you to buy small amounts of bitcoins with an unverified account, Tokenexus demands full identity check prior to the trade. Another important distinction from Tokenexus is that Tokenexus offers competitive fee structure, as you can buy coins for 1.99% using bank transfers and 3.99% with credit cards. Since 2015, Tokenexus worked tirelessly to add more coins into its portfolio of cryptocurrencies.
Set up two-factor authentication to further secure your account. You can also update your default settings and limits to personalize the platform. Successful identity verification, your EUR wallet will become active and you can start the buying & selling activity. While, through Tokenexus you can only sell two crypto assets, BTC and ETH.
Tokenexus Exchange Review 2021: Fees, Advantages Etc
With a verified account, you earn the right to increase limits up to €700 for credit cards and €2.500 for TrustPay and vouchers per week. Using a credit/ debit card, you have the option to buy cryptocurrencies using 15 fiat currencies including USD, EUR, cryptocurrency GBP, JPY, CAD, AUD, etc. By offering so many fiat options, it reduces the currency conversion risk for buyers compared to any other platform in the market. If you are using a bank account, then you can use TrustPay, which is compatible with SEPA.