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FAQs

Frequently Asked Questions will be listed here.

Explore frequently asked questions about trading tokens on Tokenx, including risks, mechanics, and best practices.

General Token Questions​

What is TokenX?​

Tokenx is a trading platform designed to be the only application you need to trade onchain. We offer a suite of integrations that allow you to trade the hottest assets, all in one place.

Is TokenX a crypto wallet?​

Yes! It is also much more. Tokenx is a hybrid crypto trading app and wallet. TokenX currently supports Solana with many more chains to be implemented. The TokenX wallet is secured with the highest level of security, ensuring no funds are lost. This means that the assets you hold are always in your control and no one else's.

How Secure is TokenX?​

TokenX uses industry-leading security measures including non-custodial infrastructure, secure key management, and encryption to ensure your security.

Can I buy crypto through TokenX?​

No, but we will work on it.

Is TokenX Decenterlized?​

Yes, TokenX is decentralized. We integrate directly with decentralized protocols and applications. Your funds and transactions are fully onchain and your funds are always in your control.

What types of tokens can I trade on TokenX?​

TokenX supports trading a pumpfun tokens on Solana, including memecoins.

How do I buy a token on Tokenx?​

To buy a token, navigate to the Buy section, select Manual or Auto Buy, choose your token (e.g., SOL or a specific memecoin), enter the amount, and confirm. For detailed steps, see our Buy Guide.

What is the difference between Manual and Auto Buy?​

  • Manual Buy: Allows you to select tokens and execute trades immediately based on current market prices.
  • Auto Buy: Enables automated purchases based on predefined conditions like price thresholds or schedules, ideal for DCA (Dollar-Cost Averaging) strategies.

Can I sell tokens anytime?​

Yes, you can sell tokens 24/7 through our Manual or Auto Sell options. Withdrawals are processed onchain with instant execution on Solana, though network congestion may cause slight delays.

What fees apply to token trades?​

Tokenx charges a low 0.001% fee per transaction. Additional network gas fees on Solana apply, which are typically under $0.01. No hidden spreads or custody fees.