TOKEX is a platform for cryptocurrency sales that aims to deliver the best rates for selling tokens which haven’t yet been listed on other centralized exchanges. They also allow ICOs to list their tokens so people can begin trading them right away.
TOKEX aims to overcome the pricing problem that those selling tokens tend to have. Specifically, the platform wants to resolve the issue that in order to trade tokens, you need to find a crypto exchange that lists them. This is additionally problematic since the price will always be similar across exchanges and remain low. To overcome the issue, TOKEX lets you sell tokens at the highest price on the market.
Additionally, TOKEX aims to address the problem that an ICO token sale has to finish before tokens can be listed on an exchange. Even worse, the time between the end of the ICO and the listing be as long as 90 days.
By contrast, TOKEX can list tokens within a very short time after it goes live, giving you easy access to selling tokens.
TOKEX also addresses the concern that most centralized exchanges fail to give users full control of their funds or anonymity. This can lead to privacy risks, particularly in the case of hacker attacks.
Another issue is that centralized exchanges have a strong influence on the market price of tokens. In many cases, the price is lowered significantly due to larger volumes for sale on the exchange, as well as fees.
TOKEX avoids this by offering the best token price on the market and letting you sell tokens anonymously.
How Do You Sell Tokens on TOKEX?
The process of selling tokens on TOKEX is simple and quick. Start by making an order by choosing the token and amount. The system will show you the sale price. Then, send the tokens to the exchange’s wallet. When TOKEX receives the tokens, the system automatically transfers your chosen cryptocurrency in the agreed-upon quantity to your TOKEX balance. Right away, you can withdraw crypto from your TOKEX balance instantly or sell the tokens for Bitcoin.
How Do You Exchange Tokens on TOKEX?
TOKEX has an internal exchange system that lets you make exchanges between various cryptocurrencies as part of your TOKEX balance. The commissions for these exchanges are the lowest you will find on the market. The exchanges are instant and very straightforward.
Start by choosing the currency you want to exchange and the one you want to receive. From there, enter how much of the crypto you want to change. You will see how much of your target cryptocurrency you will receive. To confirm the operation, just click “Exchange” for an instant transaction.
How Can Investors Use TOKEX?
Investors who want to use TOKEX to invest should start by making an account. The registration process is quick and straightforward. Once you are registered, you can make an investment in any of the most popular cryptocurrencies. When you make a profit, you can take advantage of instant withdraws on TOKEX.
With TOKEX, investors can earn money without having to sell their tokens. The investment offers an alternative that lets you make money via cryptocurrency. The minimum investment on TOKEX is just 0.005 BTC or its equivalent in another accepted cryptocurrency.
What Investment Plans Does TOKEX Offer?
You can view the investment plans on the relevant page of the TOKEX website to stay up to date with any changes. At the time of writing, there are four investment plans to choose from.
The first of these is a fixed 7 percent after 10 days of investment, with all seven days of the week serving as payment days. The total return is 107 percent (including the principal), and the investment limits are from 0.005 BTC to 1.25 BTC.
The next option is a daily 5 percent for 30 business days. This has weekdays as the payment days and delivers a total return of 150 percent (including the principal). The investment limits are from 0.025 BTC to 7.5 BTC.
For an even greater return, you can opt for a weekly 30 percent for eight weeks. Payment days are all seven days of the week for a total return of 240 percent (including the principal). The investment limits are from 0.125 BTC to 12.5 BTC.
Finally, those who want a longer-term investment with greater profits or have more to invest can do a monthly 133 percent for three months. This has payment days as all seven days of the week and investment limits of 0.25 BTC to 25 BTC. The total return is 399 percent (including principal).
Business Model
When you see guaranteed returns on investment, this is worrying as this is how ponzi schemes work so we reached out to Tokex about this. Apparently they have large fiat reserves in place from the last bull run so they are using this at the moment to pay the investment returns. The investment part of the site is limited and they will only accept so many customers for this.
Their main business is to buy tokens from people, hoping to profit from them on the next bull run.
What Cryptocurrencies Can You Invest with TOKEX?
At the time of writing, TOKEX accepts investments in Bitcoin, Ripple, Litecoin, DASH, Ethereum, Bitcoin Gold, Bitcoin Cash, BinanceCoin, DogeCoin, DigiByte, Electroneum, TrueUSD, TRON, Waves, VertCoin, Verge, Zcash, and Monero. The main cryptocurrency on the platform is Bitcoin. This means that you view all cryptocurrency amounts in terms of their BTC rate.
How Do You Withdraw from TOKEX?
It is straightforward to withdraw from TOKEX, as you just fill out the withdrawal form. There are specific minimum withdrawal amounts that vary by cryptocurrency. You can view the specific minimums for each token on the TOKEX FAQ page. A few examples of minimums include 0.0002 BTC, 0.03 LTC, 28 XRP, 0.006 BCH, 0.07 BTG, 0.005 DASH, and 0.006 ETH.
The amount of confirmations required to complete the transaction also varies slightly by cryptocurrency and is listed on the TOKEX FAQ page. Most tokens require three confirmations, but there are exceptions. For example, XRP requires 30, while BNB, DGB, TRX, and TUSD require 10. ETN and XVG require five, and WAVES requires four.
Affiliate Program
TOKEX offers an affiliate program that lets you make money via client referrals. There is no need to invest to take advantage of this program. All you have to do is register, start promoting, and earn. TOKEX provides you with promotional materials, including banners in varying sizes and styles.
There are three levels of the affiliate program, letting you earn as much as 6 percent from each referral. The other levels let you earn 3 percent and 1 percent. All of your referrals are at the 6 percent level, with second-level referrals at 3 percent and third-level referrals at 1 percent. The bonuses apply to the deposit amounts. There is also a representative program that lets you become a regional representative for higher rewards. Specifically, level-one referrals for those with representative status get 10 percent.
Conclusion
TOKEX is a cryptocurrency sale platform that lets you sell your tokens for the best price available on the market. It overcomes the challenges associated with centralized cryptocurrency exchanges, such as hidden fees, poor rates, and lack of anonymity.
TOKEX additionally includes an exchange at great rates with incredibly low commissions. The platform even has an investment option that lets you earn more cryptocurrency without risking your tokens or selling them. The last of these is unique since few platforms offer something similar for crypto. TOKEX also makes it easy to withdraw funds instantly.
