Review on TOKOK by Fanuel PORPORTY
TOKOK exchange, it is a centralized cryptocurrency exchange located in the British Virgin Islands which came into existence in the year 2018.
TOKOK is a global and professional Cryptocurrency Exchange Platform, affiliated to Kindly Keep Network Technology Limited It provides Crypto-currencies trading services. Through the professional management team, platform supported by advanced technology, strict capital management system and considerate services, we’re dedicated to a world-class Cryptocurrency exchange platform.
Except for special instructions, the transaction fee for all transactions is 0.2%. The fee is in the form of deducting 0.2% of your purchased assets. The platform has its own Token, If you hold TOK, you can use the equivalent TOK to deduct the fee. When using TOK deduction, the transaction fee is reduced by 50%, as the fee rate is reduced to 0.1%.
Pros
- TOKOK has a large number of supported cryptos.
- TOKOK offers its trading platform in mobile version as well, both IOS and Android.
- TOKOK has a referral program. Through this program, you will receive 30% of the trading fees racked up by your invited users. If you hold more than 10,000 TOK, which is the exchange’s native token, your revenue share will be as high as 50%.
Cons
- TOKOK does not accept any deposits of fiat currency. This means that the new crypto investors can’t trade here. In order to purchase your first cryptos, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency.
- No marging trading
