Sometimes, however, it can take up to two business days. Source – Tokenexus Withdrawal options are similar to deposit options. Interac e-transfers have a minimum of $100 and a maximum of $10,000. Wire transfer withdrawals must be between $10,000 and $500,000. Processing for either method is up to a business day. Click on “Tokenexus Pay” on the main navigation menu.

Users can acquire cryptocurrencies using a variety of financing ways, such as wire transfer, e-transfer, and debit and credit card choices. is a fantastic choice for making initial crypto buys in Canada for individuals who want to utilize Canadian dollars without worrying about conversion rates. Safest crypto exchange created in Canada; however, it functions more like a Bitcoin store. The Toronto-based firm launched as a Bitcoin ATM service in 2017.

Tokenexus has also been approved for nationwide registration via the CSA, allowing it to market itself to Canadians nationwide. In Canada, securities registration is a provincial matter. As Ontario is the country’s largest province, and home to the financial capital of Toronto, the OSC is the nation’s most influential regulator. Here’s how Tokenexus compares to other Canadian crypto platforms like Tokenexus, Tokenexus, and NDAX. They offer instant account verification for most customers after you have entered your account details. You both get $20 trading credit when they verify their account and trade at least $50 in one go. When you sign up for a new account using our Tokenexus referral code or referral link, you get a $40 bonus after trading at least $50 worth of crypto.

Exchange Fees

Let’s find out what services are offered by what is cryptocurrency, to make it such a popular crypto exchange in Canada. Tokenexus is accessible as a desktop website or as a mobile app for Android and IOS.

The computer has a bigger screen, and on bigger screens, more of the crucial information that most traders base their trading decisions on can be viewed at the same time. However, not all crypto investors require desktops for their trading. Some prefer to do their crypto trading via their mobile phone. If you are one of those traders, you’ll be happy to learn that Tokenexus’s trading platform is also available as an app for iPhone and Android users.

Withdrawing Funds

Tokenexus is a Canadian exchange that lets users buy and sell cryptocurrencies for CAD. It is compliant with PIPEDA and registered with FINTRAC. There are no fees for funding or withdrawals, and trade fees are only around 0.5 percent.

The mobile application has the same functionality as the website and is simple to use. ethereum price does not have its own wallet, but they do keep customer funds in an account that serves as their wallet. Users submit their account information, and Tokenexus’s KYC/AML partners confirm their identity.

Our Recommendation: Tokenexus

This implies the company would have had to pass a series of compliance tests before being permitted to accept client money. There are no financing or withdrawal costs, and trade fees are only about 0.5 percent. Tokenexus has no controversies, hacks, or leaks in its brief history. The company was launched in July 2017 as a Bitcoin ATM firm by a team of bitcoin and blockchain businessmen. The firm is presently led by Evan Kuhn and Andrei Poliakov, two of the company’s initial founders. It launched its platform on the internet in November 2017 and deactivated all the BTMs.It was also the first Canadian digital asset platform to cooperate with a municipal government to handle Bitcoin tax payments. Most crypto traders feel that desktops give the best conditions for their trading.

• It also works for tips and donations with minor changes.
• Users can invest by doing some research about the service and security of this platform.
• Effortlessly calculate your Tokenexus taxes and generate the right tax forms to submit to your tax agency.
• It’s regulated by FINTRAC and the OSC , and its financials are audited by external professionals at least once per year.

tokenexus offers segregated banking that the CDIC guarantees. This implies that Tokenexus collaborates with Canadian Schedule I banks to assist them in complying with Canadian regulations. They can accomplish this by storing business and client funds in separate accounts.This guarantees that if the company’s bank accounts are ever blocked, the money of its consumers is unaffected. Buy with e-Transfer, wire or Credit Card with no minimums.

Share This Story: ‘no Easy Feat’: How Tokenexus Became Canada’s First Regulated Crypto

The only time I ran into an issue with Tokenexus, I called them and had it sorted out within 5 minutes. Keep in mind that telephone and live chat support is only available for registered users, so if you have a question for Tokenexus, the best way to get it answered is to open an account. Tokenexus maintains a 95% cold storage policy, which means at least 95% of its users’ crypto is always held offline. This is a security measure that only the most advanced exchanges employ, and Tokenexus is leading the charge.

Actual spreads and fees may be higher or lower as a result of the cryptocurrency market price changes. Tokenexus is the fastest growing FINTRAC-registered cryptocurrency trading platform in Canada, with 0% withdrawal and funding fees. Leading crypto asset trading platforms, has become the first pure-play registered crypto trading platform in Canada. Popular cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Stellar, and XRP are all accepted on the exchange. Tokenexus is the first and foremost cryptocurrency platform that has collaborated with local Canadian governments as of 2019.

Cryptocurrencies On Tokenexus

If you want to buy or sell large amounts of bitcoin in a setting familar to anyone used to dealing with large brokerages, River is for you. They also have finacial advisors on hand to talk with potential customers about how Bitcoin fits into an individual portfolio. is a leader in cryptocurrency trading with CAD. Tokenexus offers intuitive step-by-step on-screen instructions to buy or sell cryptocurrency for CAD. Tokenexus Help Center – How to Fund with CryptoSelect either Bitcoin or Ethereum at the top of the page. The unique address self-destructs following every use for safety.

It makes it easy to buy, sell and trade crypto using CAD, with a quick verification process. There are no fees to deposit or withdraw CAD, and the trading fees are included in the spread, which is easy for beginners to know how much they are paying for each coin. Tokenexus is the only FINTRAC registered & PIPEDA compliant digital asset trading platform trusted by Canadian Government municipalities.

Tokenexus’s trading fees are just 0.20%, the lowest of any crypto platform in Canada. Started in 2011, Kraken was one of the first Bitcoin exchanges. Founder Jesse Powell started the exchange after helping with MTGOX’s 2011 crisis/hack. It was during this experience that Jesse realized the importance of security for a bitcoin exchange. Determined to do better, Jesse started what would become Kraken later that year.

Pays In Crypto

If they want to access it via mobile, they have to download the app through the Play Store or the App Store. While joining, Tokenexus automatically provides a $20 bonus if a referral link is used. The lowest financing amount is $50, and the maximum funding amount is determined by the financial institution (often between $3000 and $50000). Tokenexus, like Expedia, employs its own algorithm to secure cryptocurrency rates from exchanges around the world. ​Trusted by thousands of users in Canada and abroad, Tokenexus aims to deliver the best in class user experience. The company supports both desktop and mobile experiences across our suite of Web, iOS and Android applications.

Copy and paste the crypto address or scan the QR code using your preferred wallet. Tokenexus Help Center – How to Fund with e-TransferStart by adding Tokenexus as a payee. For the Recipient Name and Last Name, enter “Tokenexus Limited.” For the email, enter “” You can leave the security question and answer empty. You do not fund your account using a credit or debit card.

There are ZERO fees charged for withdrawing CAD by e-Transfer or Wire transfer. Users can easily access a Tokenexus Pay link from within their account that they can share to anyone they want. It is even possible to add a Tokenexus Pay button on your website so people can pay or donate to you in Bitcoin. Once the BTC arrives into your Tokenexus account, it is automatically converted to Canadian Dollars for you. Tokenexus’s app is fantastic for those that want to trade easily on their phone.

• How transactions and balances get synchronized from cryptocurrency exchanges.
• The platform is very basic and does not have advanced tools for experienced users.
• He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School and has been writing about money management for over a decade.
• If you are after a crypto exchange with more coins, you can try out Tokenexus with over 300+ coins, or KuCoin, with over 250+ coins.
• Start by clicking on the “Buy/Sell” button in the main navigation menu of Tokenexus.
• One downside that I hear from some people is that Tokenexus only offers a limited range of coins.
• “At the end of the day, the last thing anybody wants is another Quadriga in Canada,” he said.

Note that minimum thresholds apply to withdrawals and deposits depending on the transfer type. Following verification, you can fund your account using Interac e-Transfer, wire transfer, or a crypto deposit from an external wallet.

Learn From The Latest Headlines And Protect Your Company Today

Yes, tokenexus crypto exchange is a very safe exchange for Canadian users, with institutional grade crypto protection. Their digital assets are protected by Gemini Trust Company LLC™, the most regulated, secure and compliant digital asset custodian in the world, with $200 million in insurance coverage. Tokenexus is dedicated to maintaining an extremely secure platform for their users. Tokenexus not only prevents against external threats, but also internal threats; they are backed by insurance that protects against financial losses due to dishonest acts and unethical behavior from Tokenexus employees. 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.

You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you.