Frequently Asked Questions
What is a token/cryptocurrency exchange?
A token/cryptocurrency exchange is a platform where users can buy, sell and trade cryptocurrencies. These platforms connect buyers and sellers.
What ist he largest Token exchange?
The largest crypto exchanges by trading volume typically include Binance, Coinbase and Kraken. Binance leads the pack with its extensive range of cryptocurrencies, advanced trading features, and high liquidity.
How safe is it to trade token/cryptocurrencies?
Security depends on the exchange. Reputable platforms use SSL encryption, two-factor authentication and keep customer funds separate from company funds. Regulated exchanges such as Coinbase and Binance are considered to be particularly secure.
What fees apply?
There are no fees with Performance One.
Do I need a crypto wallet?
No. You can see your number of tokens and the current value in our backend at any time. Also in our app.
What payment methods do you accept?
Paypal, bank transfer, Apple Pay, Paymennt, credit card.
Do I have to verify my identity?
You verify yourself with your name and mobile phone number. You will then receive a customer account from us.
What is the minimum amount I can invest?
From 50 USD
What happens if I forget my password?
If you have forgotten your password, we can unlock your customer account again by clicking on the Forgot Password button once we have verified your identity.
Do I have to pay taxes on cryptocurrencies?
We are not allowed to give tax advice, so please ask your tax advisor.
Can I sell my tokens?
Currently, you cannot sell them on an exchange before the ICO (initial coin offering); however, an OTC trade is possible and the tokens are transferable. However, this requires that there are potential buyers.
How can I buy the token?
You can purchase the token directly on our app or website.
Are there any restrictions on buying tokens?
Yes, buyers must be at least 18 years old and reside in a country where the purchase of our tokens is legally permitted.
Will the token be traded on an exchange after the sale?
There is currently no guarantee that the token will be listed on an exchange. Our priority is to develop the project, create value and provide benefits for token holders. An ICO is planned for 2027/2028.
What risks are associated with buying tokens?
Buying tokens is speculative and involves risks, including the total loss of the invested amount. There is no guarantee of capital appreciation or liquidity. See the explanations in the whitepaper.
How is the token sale conducted?
The sale takes place in different phases and steps, e.g. presale, public sale. Specific quantity and time limits apply.
How will the proceeds of the sale be used?
A detailed plan can be found in the whitepaper.
How can I use my tokens?
The tokens can be used for various services. Use cases are described in the whitepaper.
How can I ask further questions?
Please contact us via our support email contact@performance-one-token.com