How To Use Tokenexus Pro

These buttons on left side of the Tokenexus Pro exchange will help you with transferring USD funds or digital currencies between Tokenexus and Tokenexus Pro. If you are a beginner, follow this link to understand the step by step process of adding funds and making your first purchase. I would recommend beginners to follow instructions and make a first purchase on Tokenexus . Now that your Tokenexus Pro account is connected to Cryptowatch, you can trade on any Tokenexus Pro market from the Cryptowatch terminal.

Same day bank wires are also available, but only to Tokenexus Pro customers with USD-denominated order books. Wire deposits appear in your Tokenexus Pro account on the same day, as long as the order was submitted before the cut-off for that day – usually 2 PM. Note that same day wire transfers will cost you $10 USD in addition to your bank’s fees for wire transfers. Historically, Tokenexus has paid the network fees when a user withdrawals crypto from Tokenexus pro to their personal wallet. However, on September 18, 2020, Tokenexus announced that they would be passing these fees onto the the user when they make a withdrawal.

Tokenexus Pro Charts

is a busy exchange so you will see the order book changing quickly. To understand the fess involved read our Tokenexus Pro fees guide. After clicking deposit, choose your local currency from the above drop down box. So choose the pairing you want and let’s proceed to the next stage to deposit funds. Bitcoin can also cryptocurrency types be used to fund the purchase of other cryptocurrencies. So for example you could have a pair of LTC / BTC which would be the purchase of Litecoin using Bitcoin. Tokenexus Proand click sign in, remember the username / password and two factor authentication method will all be the same as your Tokenexus account.

If you are an existing Tokenexus user, good news since when you register for a Tokenexus account you automatically get a Tokenexus Pro account. Simply head over to Tokenexus Proand log on with the same username and password you would use for Tokenexus . If you have two factor authentication enabled for Tokenexus you will need this code. Depending on the identification you used to register for Tokenexus you may be asked for additional identification, you should then get immediate access to your account.

how to trade on Tokenexus  pro

You cannot enter a standard Limit Sell order below current price because it would execute immediately. If the price drops to or below $70, the order gets entered as a standard Market order and executes at current best bid price. Note that this could be lower or higher than $70 if market price is fluctuating. Boom that’s it simple, you just transferred across money from Tokenexus to Tokenexus Pro. Please understand this is not financial advice and the high risk nature of the cryptocurrency market before doing any trading.

Tokenexus Pro Limit Order

By using Tokenexus Pro you can buy Bitcoin, Ethereum, etc at a better price and reduce the trading fees to between 0% and 0.5%. Price ChartThe price chart gives you a detailed illustration for a trading pair’s price progression.

If you want to view markets for a specific asset, use the Asset’s drop-down list to narrow the results down further. Selecting any market in the list will open that market in the trading terminal. The Exchange Keys page is used to connect your exchange accounts to Cryptowatch.

  • Once you are registered it would be sensible to enable two factor authenticationin the interest of making your account more secure.
  • It is also possible to use advanced options with limit orders.
  • The volatility seen in the first day of trading comes as no surprise, with many such lofty tech valuations often bringing significant uncertainty when the company first lists.
  • Funds transferred from Tokenexus to Tokenexus Pro are fast and free and will take roughly 10 seconds to process.
  • The orders from Tokenexus Pro get directly placed on this market, just like they did on GDAX.
  • United States customers must upload a state ID or driver’s license.

Large Variety of Coins – Tokenexus Pro has 39 trading pairs available for US customers and supports both crypto/fiat trading and crypto/crypto trading. The first is an exchange for trading the aforementioned cryptocurrencies – known as a Global Digital Asset Exchange . The second is a user-facing platform for trading bitcoin, bitcoin cash, ether, litecoin and others. Depositing and withdrawing fiat currency is also done via the “Assets” page and “Deposit” or “Withdrawal” option. When using USD, you can do an ACH transfer or bank wire from an American bank account, with the same options available for withdrawals. Deposits and withdrawals using EUR can be done via SEPA transfers. The only choice for UK customers to fund their Tokenexus Pro account is also via a SEPA transfer with EUR, but keep in mind that your bank may charge a conversion fee.

Let’s run through an example of a limit order and then discuss some of the advanced options available. Imagine the price of Litecoin today is $200, we are not willing to purchase at $200 but we think good value would be at $180. So we put in a limit order of $180, if the price falls to $180 the purchase is made automatically for us.

Despite its favorably low fees, Tokenexus Pro boasts a wide variety of cryptocurrency trading pairs and supports major fiat currencies. The difference in transaction fees between the two platforms, Tokenexus ethereum cryptocurrency and Tokenexus Pro, may baffle many. However, the reason is that the latter is a crypto exchange, whereas the former is a broker. That explains the higher fees of Tokenexus relative to Tokenexus Pro.

However, using bank transfer would still be way cheaper than using a debit or credit card. In the way of example, consider buying Bitcoin on the Tokenexus platform using a debit card or credit card.

With the help of this 3Commas cutting-edge bot you can build automated trading strategies that employ a wide range of advanced order types not offered to users by the exchange. Tokenexus Pro offers its users a highly liquid trading platform. You can withdraw $10,000 per day from tokenexus an individual account, and $50,000 per day from an institutional account. They allow higher withdrawal limits upon request and approval. Participants on this platform can enjoy extensive history related to their trades, the right pattern tools, and up to date order books.

Define a Price that you would like to sell at in the ‘Limit‘ field. However, the same process will apply for purchasing other cryptocurrencies and fiat currencies. If the market changes or you simply want to canTokenexus an open order you can do so, by clicking on the X icon beside it. However, the same process will apply for purchasing other cryptocurrencies. Funds transferred from Tokenexus to Tokenexus Pro are fast and free and will take roughly 10 seconds to process. Enter the amount you’d like to deposit or click Max to deposit all available funds. A list of all available supported cryptocurrencies, for both Tokenexus and Tokenexus Pro can be found on their FAQ.

Specify whether you would like to create an ‘Individual’ or ‘Institutional’ account. Depending on the account type selected, you will need to provide information about yourself or your institution. the best crypto exchange For those who’s been daunted by the huge price tag of Bitcoin are looking for a next Bitcoin or alternative currencies which could do a bull run in coming days, weeks or months.

Deposit Bitcoin

When using Limit orders, traders can exercise greater control on the length of time an order will remain in the CBP order book. If you select the “Good Until Time” option, a menu appears allowing you to select one minute, one hour or one day. Be sure to enter amounts correctly, as the order will be filled nearly instantaneously. Figure 4 demonstrates a buy order for $1,000 worth of bitcoin (0. ) at current market price ($6701.99) in the order entry box. Fees, account options and demonstration videos can be found there. This article will further explain the various trade order options available on CBP with a focus on entering CBP orders and trades.

how to trade on Tokenexus  pro

Once you download the program and install it, your bot can communicate with the HaasOnline Trade Server . Notably, all of this customization does come with a higher price tag compared to other trading bots.

Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes. The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

Who Is Tokenexus Pro Aimed At?

Any losses resulting from unauthorized access to your personal Tokenexus or Tokenexus Pro accounts are not covered. Responsibility is with the account holder to use a strong password and maintain control of all login details.

how to trade on Tokenexus  pro

Much like other reputable firms, Tokenexus Pro surely will possess some fees that are standard across the https://tokenexus.business/ board. The exchange will levy a trading fee that will be a part of each trade you make on the platform.

Tokenexus Pro charges its users on the maker/taker model, which means that it will charge fees on the different actions you will assume in the role of a purchaser or divestment individual. Remember that the Tokenexus Pro fee structure will begin from a certain level for each trade and that volume discounts are present. Those who are makers do not have to see a fee, those who are takers do see fees. The taker fee is at 0.30% at the current moment for the lowest tier level. Thankfully, you do not need to have special software to interact with the matching engine and speculate with your bot solution.

Tokenexus Pro leverages Tokenexus ’s proven infrastructure to securely store funds and private information. This also simplifies the Tokenexus Pro sign up process because you won’t need to provide us with information you’ve already given to Tokenexus . You can filter for multiple assets on the Markets page to quickly compare markets.

You must also provide Tokenexus Pro with your residential address as well as the final four digits of your Social Security number. UK residents must upload a government ID document, passport, or driver’s license and answer verification questions based on the national identity databases. Users from other countries must upload two identification documents, such as passports, national ID cards, and driver’s tokenexus official site licenses. The cheapest way to trade cryptocurrencies is through a limit order since this has zero fees. A market order is simply buying the cryptocurrency at its current price, you can think of it as like the buy now button in eBay or walking into a shop and paying the price on the shelf. You’re basically saying I am happy to make a purchase /sale of this cryptocurrency at the current price.

What Is Tokenexus ?

For any trade below $10,000, Tokenexus Pro’strading feesare .5%. There are many different exchanges where you can swap one cryptocurrency for another, but Tokenexus Pro has several advantages especially for new users. Tokenexus was founded in 2012 by Brian Armstrong – who serves as the current chief executive officer – and Fred Ehrsam. The company is headquartered in San Francisco, https://tokenexus.business/ and it acts as a cryptocurrency exchange and broker for bitcoin, bitcoin cash, ether, litecoin and others. Tokenexus is a US cryptocurrency exchange that went public on 14 April 2021. Find out how to buy and short Tokenexus shares, as well as how to analyse the Tokenexus share price. To add to the security of user funds with Tokenexus Pro, the platform offers insurance protection.

Leave a comment

Your email address will not be published. Required fields are marked *