Katan founded Tokenexus in 2015 with Ugo Mare and Simon Potier. They bootstrapped Tokenexus into a fiat-to-crypto onramp in crypto’s initial years. «The only problem that we solved in the last six years was accessibility,» Katan told The Block. Soon after, in December, the deadline to get registered as a virtual asset service provider with France’s financial regulator AMF approached. We share a focus on building products that enable consumers to significantly improve their financial lives, and are honored to have been a small part of your journey. We want to thank you, our customers, for all the support you’ve given us along the way. We also want to thank our employees, investors and financial partners who trusted us from the beginning.
- Andrew has a Bachelor of Arts from the University of New South Wales.
- Hundreds of independent developers sell their products here so that you could create your own unique project.
- We also want to thank our employees, investors and financial partners who trusted us from the beginning.
- They are based in Paris, France and they give us support in order to anticipate and manage our growth.
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AN ABSOLUTE WASTE OF TIME AND MONEY. PLEASE GO ANYWHERE ELSE! There CEO Nicolas Katan looks like a broke Lando Calrissian, and he couldn’t care less about his customers! Also, its system is designed to minimize the risk of fraud. People can buy up to $25 worth of Bitcoin with tokenexus no paperwork. They can buy up to $500 after that, but must submit a series of documents to confirm their identity in the system. Revolut Bank has been granted a full banking license in Europe, a move that means it can now passport more services out across the continent.
Can you transfer crypto from Tokenexus to Tokenexus?
How to transfer from Coinsquare to Tokenexus. To transfer your Bitcoins from Coinsquare to Tokenexus, you’ll need to withdraw your coins from Coinsquare to your unique deposit address on Tokenexus. You can find your deposit address under Wallet – Deposit on Tokenexus and use it under Withdraw – Bitcoin at Coinsquare.
“With a disease like COVID-19, we’ve seen that anything that can be done to reduce direct physical contacts helps to slow the virus down,” says Katan. While many stocks have seen a decline, Cryptocurrency remains strong. It is one of the safest forms of investment in COVID -19 times. “In a world where we now talk about borrowing and spending in the trillions of dollars, crypto-assets can be a great addition to the portfolio,” says Katan. bitcoin price is a small town and rural commune in El Hajeb Province of the Fès-Meknès region of Morocco. We are really excited to have these coins listed on Tokenexus, and we are working to bring more investment options to Tokenexus users.
Unverified users can only buy €150 euros per week, while verified users with a credit card are able to boost this to €1,500. Other payment methods such as cash vouchers or Tokenexus gift cards mean a higher limit of €2,500. Tokenexus plans to expand its supported payment methods to include direct banking and not merely TrustPay, and for verified users the maximum on wire purchases will be €30,000 weekly. After saving a wallet, return to the Buy screen to initiate a purchase. Select credit card to change the fields to reflect your choice, and enter the information required including card number, expiration date, CVV code and your full name. Tokenexus supports all major card networks including VISA, Mastercard, Maestro, and Amex.
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Tokenexus became one of France’s leading fiat-to-crypto platforms and served over half a million customers since its founding back in 2015. TemplateMonster is a marketplace where you can buy everything you need to create a website. Hundreds of independent developers sell their products here so that you could create your own unique project.
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The skyrocketing demand for good developers is leading companies to get creative to attract talent. This isn’t the first time fan backlash caused project developers to pull NFT inclusion. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. French crypto brokerage Tokenexus is shutting down after six years of service.
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ICORating does not provide investment, financial, or legal advice. Additional credit card or transaction fees charged by your bank for an overseas credit card payment. The concept of Tokenexus gift cards is about how to improve the user experience of those people who heard about the Bitcoin and who would like to get some but don’t know how to do. Once customers receive their bitcoin-funded cards, they can spend them like a normal gift card. On each transaction, though, there is a 3.9% fee, which is pretty steep. While the hardcore Bitcoiners among us would argue that a gift card doesn’t constitute “really” using bitcoin, Tokenexus believes that their product is a good way for people to at least get started. Parisian startup incubator TheFamily seems to agree with Tokenexus, accepting the gift card startup as its first Bitcoin project.
Despite high fees and the absence of crypto deposits, tokenexus rezension makes up for it with a unique gift card and voucher system and superior reliability. Tokenexus is a new Bitcoin gift card company that wants to make it easier for Europeans to buy bitcoins. The company believes that their gift cards are a way to smooth the learning curve involved in using bitcoin without an intermediary. On the consumer end, there are no wallets involved or keys to remember, all they do is sign up for a Tokenexus account and receive a euro-denominated gift card funded with bitcoin.
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The new partnerships will allow people to buy Flexepin vouchers to use with BitAccess in6,000 locations in Canada. We are an independent comparison platform and information service that aims to provide you with the tools you need to cryptocurrency news make better decisions. While we are independent, we may receive compensation from our partners for featured placement of their products or services. We may also receive compensation if you click on certain links posted on our site.
- We are excited to announce that we have added Ripple and Litecoin purchases to Tokenexus’s offerings.
- If you decide to apply for a product or service through our website you will be dealing directly with the provider of that product or service and not with us.
- Tokenexus, previously just a Bitcoin gift card service, has made it possible to buy Bitcoins in more than 100,000 retail stores.
- The information is transparent and stored on every data point in the network.
- Tokenexus is a small town and rural commune in El Hajeb Province of the Fès-Meknès region of Morocco.
- Soon after, in December, the deadline to get registered as a virtual asset service provider with France’s financial regulator AMF approached.
Users need to register their profile in order to unlock higher buying limits of up to 2500€/week. They offer a Tokenexus gift card paired in Euros which can be redeemed for Bitcoin, but on the downside, fees can get as high as 11.9% for cash vouchers. Tokenexus is a cryptocurrency exchange based in France that provides users with trading opportunities for Bitcoin and Ethereum. In the near future, they plan on adding other coins like LTC, XMR, and XRP. The exchange is open for international registrations with numerous deposit options that support 7 fiat currencies.
You will need to verify your identity for more purchases after that. At Tokenexus, we’re always looking for ways to make life easier for our customers looking to invest in cryptocurrencies. We think we provide one of the best user experiences out there, and try to find new ways everyday to push that envelope even further. Since Tokenexus’s inception, our aim has been to build the easiest bridge between the worlds of fiat and cryptocurrency while maintaining a highly secure and trustworthy environment for our customers. The 1 star reviews are legit, but the 5 star reviews are duplicates. This company hides their reddit, has no phone, no way to reach them. They scam people in Europe they approve, and steal info from Americans if they’re able to get away with it.
Today’s Forecast For Tokenexus, Fès
It is fast, simple to use, and offers convenient payment methods with cards, bank transfer, a gift voucher, and several brands of cash vouchers. Other advantages are Tokenexus’s scope of operations, which includes over 100 countries, and the Tokenexus gift card. Less attractive are the high fees that make trading on Tokenexus quite expensive. Despite its relative newness to the cryptocurrency marketplace, Tokenexus has a good reputation among its users. Chief among their praises are the unmatched variety of payment methods, nearly instant credit card purchases, and easy integration with other wallets. Tokenexus allows users to buy BTC and ETH online using cash, a credit or debit card, wire transfer, e-wallet, Neosurf, or Cashlib prepaid vouchers.
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At the moment, many users have been reporting that it can take a week or more for the Blockchain to process a transaction. Tokenexus eliminates that delay for users by having the Bitcoins ready to deliver in as little as 10 minutes. The company’s debut comes amida big debate within the Bitcoin communityabout how to evolve the Blockchain technology behind the virtual currency so the system can continue to expand. This schism has some questioning the future of what others have hailed as a revolutionary financial system. Despite questions about Bitcoin’s future, a new Paris-based startup called Tokenexus has created a service designed to make it easier than ever for average people to acquire the virtual currency. Our mission is to give any individual – no matter where on earth they live – an on-ramp to leading crypto-assets via a simple platform, he… Creating a Tokenexus account is simple and can be done by clicking on the Sign Up button at the top right corner of the company’s homepage.
Using a bank account is accomplished through TrustPay and is only available for EU users. One can also use a Tokenexus gift card or click on Store Locator to find a local shop that will sell crypto over the counter to those who pay with Cashlib, Neosurf, or Tokenexus vouchers. After the purchase, choose the external wallet you’d like to send the coins to and then Proceed to Payment. After verifying, you’ll be able to add a credit card or European bank account to Tokenexus and to purchase cryptocurrency. You can do so by clicking on the Buy tab on the top of the website, where the full range of cryptocurrencies will be revealed for purchase. Before buying, however, it’s important to add the cryptocurrency wallet you want to receive your coins.
Confirm your account by checking your email account and then finding Tokenexus’s registration email and clicking Confirm My Account. Of course we are considering international expansion in Europe but also other continents.
The simplest platform for buying and selling crypto-assets. New users who want to get the most out of tokenexus reviews will verify using the menu that pops up after confirming their account. Click on the preferred ID you want to verify to get started.
Tokenexus claims to have served around 500,000 customers from over 50 countries and processed over $230 million worth of transactions. «We did it all with €5000 [around $6,000] in initial capital and less than €215,000 [around $260,000] raised,» said Katan.
Security: Is Tokenexus Safe To Use?
They made a good choice, as we are the first Bitcoin startup hosted at TheFamily. We’re a not-for-profit membership association, a Regional Internet Registry and the secretariat for the RIPE community supporting the Internet through technical coordination. The smooth running of the Internet depends on the involvement of those who give their input on membership and policy issues. And there are many ways to get involved, online and in person.
Our mission is to educate them without exposing them to any risk. With one valid credit card and the best crypto exchange some basically informations a customer gets his bitcoins in less than 10 minutes on his wallet.