What is Tokenize Xchange?
Tokenize Xchange is one of the few platforms in Singapore which allows users to buy cryptocurrencies in Singapore dollars. The platform facilitates fund top-ups through a variety of methods, including debit/credit card, direct bank transfer, StraitsX, GrabPay, etc.
To protect its users from potentially dangerous schemes in the cryptocurrency market, Tokenize conducts extensive research and has established partnerships with Bitgo and Fireblocks to provide safe custody of digital assets.
In addition, the platform enables users to experience frictionless accessibility when they use its hybrid wallet mechanisms to purchase cryptocurrencies. It also ensures that users’ digital assets are secured from malicious attacks.
Tokenize is one of the first three digital asset exchange (DAX) operators to receive full approval from the Securities Commission Malaysia in April 2020. In Malaysia, Tokenize is currently the second-largest DAX by traded market share. (www.tokenizemalaysia.com)
To date, Tokenize has more than 200,000 users across Singapore, Malaysia, Thailand, and Vietnam.
Why choose Tokenize Xchange?
Easy & Simple-to-use Interface
Nagivate through our platform with ease, using our easy and simple-to-use interface.
With a trusted platform with intuitive UI/UX allowing users to connect fiat and cryptocurrencies conveniently
Explore and discuss about the various blockchain innovations in our Token Store online. Join in our communities and attend webinars to learn more.
Get access to established and emerging cryptocurrencies with our platform of more than 100 trading pairs.
Top Notch Security
IP whitelisting & 2-Factor Authentication is available for extra security and a hybrid wallet mechanism with a multi-signature strategy for stronger asset protection.
Enjoy competitive rates for your trading and enjoy discounts on your trading fees when you use our Tokenize Xchange emblem, TKX, to trade.
What are the features of Tokenize Xchange?
Tokenize Xchange has an extensive list of features and the list is constantly growing.
Matches the best buy and sell price
Limit buy and sell order, hence minimal monitoring is needed
Limit order: Good till canceled
Queue your orders in the order book until your orders are filled
Market buy and sell order - immediately fulfills your order at best market price.
Lightning Speed Trading
Instant deposit and withdrawal transactions
Decentralized peer-to-peer cross-blockchain exchange.
View all orders placed for bid (buy) and ask (sell).
Enable users to deposit or withdraw their digital currency.
Tracks all pending and completed orders.
View all offerings at the marketplace.
What blockchain is Tokenize Xchange Token built on?
Tokenize Xchange Token is built on the Ethereum blockchain with ERC20 protocol.
How secured and regulated is Tokenize Xchange?
At Tokenize Xchange, security is our topmost priority. Integral layers of security enhancement such as Two-factor authentication (2FA) and compulsory address whitelisting have been strictly implemented to reduce the risk of our platform being hacked or misused.
Tokenize Xchange also only partners reputable technology and compliance service providers to uphold and protect the security integrity of our platform. We maintain a multi-signature cold wallet under Bitgo custodial solutions for storage of our user's digital assets. While Tokenize Xchange controls one of the keys, the other is held by the multi-signature custodian leader Bitgo making the wallet much more secure. Tokenize Xchange also is backed by Digital Asset insurance coverage by Bitgo, safeguarding users from any security risks.
Additionally, Tokenize Xchange conducts regular self-assessments against Monetary Authority of Singapore (MAS) regulations and guidelines, such as Notice on Cyber Hygiene and Technology Risk Management Guidelines. We pride ourselves in ensuring high security systems and actively engage independent third parties to perform penetration testing on our online and mobile applications.
We also perform identity verification on all users before they can start trading on Tokenize Exchange. This is to comply with existing rules on Know-Your-Customer (KYC), Anti-Money Laundering and Countering Terrorism Financing (AML/CTF) set out by the Monetary Authority of Singapore (MAS).