Overview
TOKOK launched in 2018 under a British Virgin Islands entity and once offered over 100 cryptocurrencies. It billed itself as user-friendly with competitive fee structures and its own native token, TOK, to reward trading and referrals.
What it claimed
The platform featured flat trading fees of around 0.20 percent and offered discounts for holders of its TOK token - up to 50 percent off fees. It also promoted margin trading, staking and referral perks tied to token holdings.
What the data shows now
TOKOK is now classified as untracked. There is zero visible trading volume, no active pairs and no liquidity. The TOK token has no circulating supply, and no recent activity can be found.
User feedback and warning signs
Trust scores are low, with many users reporting frozen accounts, missing withdrawals and unresponsive support. Independent reviews describe the platform as unreliable and even label it as a potential scam.
Features versus reality
While TOKOK advertised features like margin trading, staking and token utility, none of these work today. No trading pairs are live, and the token shows no market activity. The exchange looks abandoned even if its website remains online.
Paper appeal versus actual risks
- On paper, it offered trader referrals with revenue share and token perks.
- In reality, operations appear inactive and support is absent.
- Claims of regulation or insured custody were never verified.
What’s broken now
- No trading volume - all public data shows zero activity.
- No liquidity - markets have disappeared.
- No transparency - no proof of reserves or active operations.
- User complaints - unresolved issues with funds and support are widespread.
Who might consider it if revived
If TOKOK ever relaunched with working systems and real trading, it could attract casual users. At the moment, there is no reason to use it.
Final take
TOKOK once looked like a promising exchange with low fees and token incentives. Today, it stands as an inactive shell with no trading, no liquidity and a history of user complaints. Without transparency and active markets, it remains a warning rather than a real trading option.