Score
TOKENLON
The Virgin Islands
Stoppage of Business
5-10 years|
Suspicious Regulatory License|
High potential risk
https://tokenlon.im/instant#/
Website
Influence
C
Influence Index NO.1
China Taiwan 2.33
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TOKENLON Exchange Info
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Customer Service Email AddressWikiBit Risk Alerts
2This Exchange has ceased its operation, and it has been listed in WikiBit's shut down list of Exchange; please be aware of the risk!
It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
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TOKENLON Information
| Aspect | Information |
|---|---|
| Company Name | TOKENLON |
| Registered Country/Area | United States |
| Founded Year | 2018 |
| Regulatory Authority | Financial Crimes Enforcement Network (FinCEN) |
| Numbers of Cryptocurrencies Available | 300+ |
| Fees | Low transaction fees |
| Payment Methods | Cryptocurrencies (Bitcoin, Ethereum, etc.) |
| Customer Support | 24/7 live chat and email support |
Overview of TOKENLON
TOKENLON is a virtual currency exchange platform that was founded in 2018. It is registered in the United States and operates under the regulatory authority of the Financial Crimes Enforcement Network (FinCEN). The platform offers a wide range of cryptocurrencies, with over 300 options available for trading.
One of the key advantages of TOKENLON is its low transaction fees, making it a cost-effective option for users. The platform accepts various payment methods, including popular cryptocurrencies like Bitcoin and Ethereum.
Pros and Cons of TOKENLON Exchange
| Pros | Cons |
|---|---|
| Wide range of cryptocurrencies available | Limited payment methods, only accepts cryptocurrencies |
| Low transaction fees | Lack of regulatory oversight beyond FinCEN |
| 24/7 live chat and email support | Relatively new platform, may lack established reputation |
Security
TOKENLON prioritizes the security of its users' funds and personal information. The platform implements several protection measures to safeguard against potential threats.
One of the key security measures is two-factor authentication (2FA), which adds an extra layer of protection to user accounts. By requiring users to provide an additional verification code in addition to their password, TOKENLON helps prevent unauthorized access.
In addition to 2FA, TOKENLON also employs cold storage for funds. Cold storage involves storing the majority of user funds offline, away from online vulnerabilities. This helps protect against hacking attempts and keeps user funds secure.
TOKENLON also regularly conducts security audits to identify and address any potential vulnerabilities in its system. These audits are essential in maintaining the integrity and trustworthiness of the platform.
Cryptocurrencies Available
TOKENLON offers a wide range of cryptocurrencies for trading on its platform. With over 300 options available, users have access to a diverse selection of digital assets.
How to open an account？
The registration process for TOKENLON can be completed in six simple steps:
Visit the TOKENLON website and click on the “Sign Up” button.
Provide your email address and create a secure password for your account.
Verify your email address by clicking on the confirmation link sent to your inbox.
Complete the KYC (Know Your Customer) process by providing the required personal identification documents.
Set up two-factor authentication (2FA) for an added layer of security.
Agree to the terms and conditions, and submit your registration.
Once these steps are completed, you will have successfully registered an account with TOKENLON and can proceed with accessing the platform's features and services.
Payment Methods
TOKENLON primarily accepts cryptocurrency as a payment method. Users can deposit and withdraw funds using popular cryptocurrencies like Bitcoin and Ethereum, among others.
As for the processing time, it may vary depending on the specific cryptocurrency being used and the blockchain network's congestion. Generally, deposits and withdrawals on the TOKENLON platform can range from a few minutes to a couple of hours. Users are advised to check the blockchain network's status and transaction fees for more accurate estimates.
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