If you traded in the crypto market during the 2017/2018 period, you are aware of the upheavals the market experienced. Many exchanges during that period were offering insane incentives to attract more clients to their platforms. One of the biggest problems that came about in light of this was fake trading volumes. Through fake volumes, the platforms aimed to create an illusion of ostensible health, in the process attracting more customers and maintaining high exchange volumes. As you can imagine, many people fell for this trick. However, this is no longer the case.
Exchanges with genuine trading volumes are enjoying better market performance today since the fake volume trading trend went bust. Customers want transparency more than anything in the crypto market. This is where platforms like Tokens.net exchange excel. As an investor, you want to put your money in a platform where you can verify the volume traded, so you can invest in confidence. Let’s look at some reasons why you should strongly consider this platform:
Easy to Set Up
In any investment online, you want a platform that allows you to set up very fast. This is what you get with Tokens.net. The innovation is not just about the experience while setting up, but the user interface that makes it all possible. Anyone having an email address from non-restricted countries can register an account on Tokens.net.
How easy is the sign-up process? Well, all you need is your email address and you are good to go. It’s that simple. You can start trading as soon as you complete the sign-up process. You will only need to follow up and meet the KYC requirements when you have withdrawn a total of $2,000. This is to make it seamless and easy for individuals who conduct small transactions.
Your account is safe. Security is always a top priority and for this reason, you have two-factor authentication built into the account. Other than that, once you set up the account you can go to the settings and set an anti-phishing keyword to offer additional protection for your account.
Genuine Volume
Once you start using Tokens.net, all the transaction fees are paid in DTR, which is the native token used on the platform. This is important because even if you pay for transaction fees using the default currency you are trading, the DTR will be automatically purchased at the prevailing market price, and you can pay the fee with your preferred crypto asset.
One of the measures in place to ascertain genuine volume is traded is burning a fixed percentage of the DTR used on a daily basis. With this in mind, therefore, you can tell accurately the trade volume for every single day.
Unique Features
Before you sign up, know that you are buying into an exchange. That’s what Tokens.net is about. There are many awesome features that are aimed at simplifying trade and make the platform more accessible to many users, even those with limited knowledge of trading in crypto exchanges. The interface is fast, intuitive and pleasant.
To avoid confusion, the display section only includes the order types that are important to you (limit orders and market orders). When you sign in, at first you will not see the standard chart. This is to ensure that you have a clean interface that is not overcrowded and confusing. If you need the chart, you can click on the chart button and it will open in a new tab. Here you will see the custom chart. This genius design ideally makes all types of users, beginner to casual, feel at home.
The order book on Tokens.net is quite pleasing to the eye. In the middle, you can see the total book size. You can also see the trading pairs, base pairings against the exchange token DTR and how the base pairings are faring in the market against your favorite altcoins.
A very useful feature that Tokens.net has available for registered users is free on-exchange Market Making Bot. This is meant for all users that are not skilled in coding but would like to run a trading bot to automate their trades. You need not worry about minuscule amounts of cryptocurrencies (dust) while using the bot that you cannot use to set up an order. Tokens.net also has a Collect Dust function for you to enable, where all the smallest amount of cryptocurrencies left from trades get automatically converted to DTR.
Of course, you are thinking about fiat gateways. Well, Tokens.net takes this into account and offers you to buy cryptocurrency instantly using your credit card at the lowest industry rates. This means that you have a wide range of fiat currencies that you can use to purchase crypto. Most of these are built around Europe where the company is a registered entity.
To make your work even easier, Tokens.net brought in Banxa, one of the leading third party payment gateway providers from Australia. This partnership allows you to buy cryptocurrency using your Mastercard or Visa. You can also use other payment options that are available for wire transfer, such as SEPA, iDEAL, POLi and Faster Payments. Remember, however, that transactions through Banxa are regulated and for this, KYC guidelines apply.
Some of the currencies you can use to purchase crypto include all the biggest fiat currencies Euro, British Pound, AUS, USD, CAD, SGD, and soon $RUB $CZK $DKK $NOK $PLN $SEK. Take note, however, that you can only use your credit card and debit card to purchase the top recognized cryptos such as Bitcoin and Ethereum. If we consider the pound and Euro gateways, it is easy to see how much potential there is in this exchange, especially for high liquidity in the near future. If you choose to purchase using your credit card, you must provide government-issued documents for AML or KYC processing.
A must feature today, Tokens.net has developed a Mobile App available for iOS and Android, keeping users up to date with the latest charts and markets. No matter where you are, you can access the Tokens.net trading platform to check your trades or to make new ones.
There is so much you will enjoy when using Tokens.net as your preferred exchange platform. As a crypto investor in the EU, you want an exchange platform that is innovative and offers intuitive solutions that match your everyday needs. You will certainly appreciate the speed and ease of use on this platform. In fact the more you use it, the easier you will realize how simple and efficient trading is. In no time, you will advance from a beginner to an intermediate investor and claim your stake in the world of crypto investment. While most exchanges seem like a jungle for first-time users, Tokens.net makes you feel at home right away.