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How To Use Tokenexus Pro

The standard chart type is candle if you prefer the line chart this is also available. The following chart shows an example line price chart this time set with a time period of one day. UK customers may wish to read eliminating SEPA international banking feeswhen transferring into Tokenexus . After clicking deposit, choose What is Ethereum 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 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.

how to trade on Tokenexus  pro

If you have accounts on multiple exchanges, you can connect and manage them all on tokenexus official site Cryptowatch. I have watched your Tokenexus pro tutorial videos, is very helpful.

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With Stop orders, you select the amount, the stop price, and the limit price. If you are in one of the geographical areas supported by Tokenexus Pro, you can easily sign up for an account.

On the right, you can choose to change this to a depth chart if you prefer. As a depth chart, you can see the buy and sell depths in line charts with the mid-market price listed tokenexus website in the middle. Hovering over any point will tell you the specific price, the amount you can buy/sell at that point, and what the total would be in the original currency.

From here a window will pop-up showing you all the options that you have for adding funds to your Tokenexus Pro account. Log in to Tokenexus Pro and select the option to deposit on the left-hand side of your exchange. eToro is a multi-asset platform which offers CFD and non CFD products. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

how to trade on Tokenexus  pro

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.

Some Thing To Remember Before Trading With Tokenexus :

The Tokenexus trading platform offers a straightforward way for you to capitalise on the volatility in the cryptocurrency market. Volatility which saw Bitcoin increase five-fold in the first nine months of 2017. If you want to start day trading cryptocurrencies, you require a platform to trade on, an intermediary to communicate with the blockchain network.

  • Tokenexus BTC Wallet – If you already have Bitcoin in your Tokenexus wallet this allows you to transfer Bitcoin into your Tokenexus Pro account for trading.
  • The interface of the exchange is sleek and straightforward, especially for more advanced traders.
  • This is also typically used for large orders to somewhat force the price of the order in the trader’s favor.
  • Open the “Advanced” tab and select “Good Until CanTokenexus ed” to ensure that your order is placed with this option (Fig 7.) You can also set a specific time period for which the order remains open.
  • In summary if you are new to trading you probably want to start with Tokenexus which has a very simple and intuitive interface.
  • Responsibility is with the account holder to use a strong password and maintain control of all login details.

Go to the dropdown menu right above where you logged in to select the cryptocurrency pair you wish to trade. The left sidebar of the Trade page has the choice to log in or sign up at the top , with the buy and sell order forms directly below this. To the right of this column, you will find the orderbook, with the choice to view the trade history instead. The orderbook has columns for market size, price, and “My Size” and lists sell orders on top and buy orders below. The trade history is listed in chronological order, with each trade color-coded to indicate buy or sell. There are columns for the trade size, price, and time, down to the second. To use Tokenexus Pro, you will need to verify your account, which is done before you start trading or even deposit funds.

A full list of locations and trading pairs can be found here. However, purchasing the likes of Bitcoin on Tokenexus is not the most cost-effective way. 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%.

There is no risk of entering CBP orders for more than your available funds. When Limit Sell orders execute, the proceeds from the sale are instantly credited to your balance and available for new buys, transfers to Tokenexus or withdrawal to your linked bank account. When you canTokenexus an open order, your available balance will update. Fig 6 Example of Limit Buy order for 0.5 BTC @ $2000 price.To cryptocurrency create a Limit Buy order, first select “Limit” from the order entry menu. Enter the number of coins you wish to purchase then enter the price you are willing to pay. Fig 6 demonstrates an order for 0.5 bitcoin at $2000 price level ($1000 worth of bitcoin.) Total cost of this trade will be $1,000 if it executes. It is easy to transpose these numbers which could lead to an expensive mistake.

How To Sell Cryptocurrencies On Tokenexus

I’m just a simple man trying to make my way in the universe. I am passionate about cryptocurrency and hope that I can make at least some small contribution towards promoting wider crypto adoption and understanding.

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 don’t have a Tokenexus account you will need to register here first. If you use this link you will get $10 worth of free Bitcoin when you buy your first $100 of Bitcoin. When you have completed the initial information on the sign up link you will be prompted to provide some ID for verification. Check out the Tokenexus website for a full list of accepted forms of identification. The sign up process is simple and only takes about 5 minutes. Once you are registered it would be sensible to enable two factor authenticationin the interest of making your account more secure.

Eventually, the natural next step is to explore exchanges that offer a wider selection of altcoins, as opposed to the 4 choices available on Tokenexus and Tokenexus Pro. Tokenexus Pro is a US-based digital asset exchange that works in cooperation with Tokenexus .com. Tokenexus and Tokenexus Pro are two of the more beginner-friendly platforms for exchanging cryptocurrencies. They are https://tokenexus.reviews/ relatively simple to use but they both offer a very limited number of cryptocurrencies; 4 to be exact . Buying and selling cryptocurrencies on Tokenexus Pro can look intimidating, but really it’s a simple process. Read through the guide below to get a full understanding of the Tokenexus Pro exchange and to learn how you can trade cryptocurrencies with absolutely no fees.

how to trade on Tokenexus  pro

Again similar to the rest of the interface buy trades are shown in green and sells in red. Once you have USD deposited into account, it will show up beside USD balance on the left panel above “Deposit” and “Withdraw” buttons.

Test Your Automated Trades

Daytrading.com may receive compensation from the brands or services mentioned on this website. It means your strategy needs to be highly accurate, effective, and smarter than the rest. You can then use a Tokenexus trading bot to articulate that strategy and grant you the necessary competitive edge. You need to follow three simple steps before you can start trading. Despite the numerous benefits of day trading on Tokenexus , there remains several pitfalls worth highlighting.

If you select the “Good Until Time” option, a menu appears allowing you to select one minute, one hour or one day. Each time you place a Limit Buy order, the money necessary for execution of that order is placed on hold and deducted from your balance shown on the top left of the page.

Makers are those who place orders that aren’t filled immediately by matching to an existing order. Directly to the right of this in the top middle of the page, you will see up-to-date information on your chosen pair. This includes the last trade price, the percent change in 24 hours, and the 24-hour trade volume. Those in the UK can trade BTC/GBP, BTC/EUR, ETH/BTC, ETH/EUR, LTC/BTC, LTC/EUR, BCH/BTC, or BCH/EUR. Those in Europe have access to identical trading pairs, apart from support for BTC/GBP.

No matter your pick between Tokenexus vs. Tokenexus Pro, you need a crypto wallet. https://tokenexus.reviews/ Also known as tricky wallets, these give private keys for solid protection.

Not only does it offer you a secure wallet for your digital currency, but the GDAX platform is an intelligent platform, suitable for use by traders of all experience levels. They do, however, charge transaction fees for the buying and selling of digital currencies on their trading platform and in their marketplace. Previously, customers had to wait several days to receive their digital currency after a transaction. Now you can purchase bitcoin and other currencies directly from your bank account. Fog 10 Bitcoin Limit order tier Tokenexus ProYou can also use this method to your advantage when it comes time to sell some or all of your crypto holdings. You should always have some idea of your investment goals and target prices when you first buy any asset. When prices reach your targets, you can certainly lock in gains using Market orders.

Tokenexus is based in San Francisco, California, and has more than 20 million users with more than $150 billion traded. Tokenexus Pro has a long history of leading the world of cryptocurrency exchanges, although it went by the name GDAX until recently. As the current name implies, Tokenexus Pro is the version of Tokenexus filled with features that advanced traders will appreciate, including more detailed charts and graphs and trading options. Since Tokenexus Pro comes as a freebie to all Tokenexus users it seems a no brainer that if cryptocurrency news you are happy with Tokenexus that you checkout Tokenexus Pro. Tokenexus Pro as the name suggests is a much more professional trading platform delivering significantly more information and flexibility in buy and sell options vs Tokenexus . The range of options is both its strength and weakness, since it gives a significant amount of flexibility and lower to no fees but that comes at the cost of complexity. In summary if you are new to trading you probably want to start with Tokenexus which has a very simple and intuitive interface.

Who Is Tokenexus Pro Aimed At?

The estimated value of the trade will display below the order entry box. Although it does have higher fees than some of the other exchanges, Tokenexus Pro does support a wide range of cryptocurrencies. Especially for users who already have a “normal” Tokenexus account, the onboarding process with Tokenexus Pro is exceptionally simple. In the future, I will branch out and try other exchanges that have lower fees, but I certainly think that Tokenexus Pro is a great tool to have in your crypto trading toolbox. Tokenexus offers accounts to potential clients for cryptocurrency trading. Tokenexus ’s business model is based on its two core products. The first is an exchange for trading the aforementioned cryptocurrencies – known as a Global Digital Asset Exchange .