The Newsletter by Tokenize Xchange (Vol.96| August 2020)

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Disclaimer: The below announcement does not apply to Tokenize Malaysia users. For Tokenize Malaysia user please refer to announcements from https://medium.com/tokenize-malaysia

How to participate in crypto earn and stake TKX?

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Tokenize Crypto Earn allows you to safely deposit your cryptocurrencies with us to earn monthly interests in your crypto.

Here is a step-by-step guide on how to participate in crypto earn and stake TKX on Tokenize Xchange.

Step 1: Go to our website. Select EARN on your dashboard then select Crypto Earn

Step 2: Click on “Crypto earn today”

Step 3: The dashboard will show our supported coins for crypto earn.

Step 4: Review and confirm.

Here is the detailed instruction

Crypto earn today to enjoy benefits!

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Interest rate adjustment — Enjoy more benefits

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Good news for all Tokenizers! Starting from 10th August 2020, Tokenize Xchange will revise USDT, USDC, and DAI interest to 10%. Moreover, if you have 2,500 TKX staked, you will get 12% interest.

If you want to enjoy interest rates, participate in crypto earn today!

Trading Fees Update

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Another good news for all Tokenizers! Starting from now, for the SGD-TKX, USD-TKX, USD-USDC, USD-USDT, and USD-DAI market, there will be no trading fee on those markets.

Read here for more detailed information about the trading fee.

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2020 Is Becoming the Year of Staking With Some Major Achievements

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While both PoW and PoS have a lot to offer, this year, in particular, is promising to be a special one for proof-of-stake.

Proof-of-work and proof-of-stake have a lot of benefits to offer the community, and the discussion around these algorithms has dominated conversations in the cryptocurrency community. The use of staking will become more widespread this year on the protocol level with Ethereum 2.0’s expected arrival, along with the continued development of Cardano, Tezos, and Algorand, ultimately changing the landscape of the future networks and blockchains. On the other side of the protocols is the mad rush for the hyper gains from decentralized finance projects that utilize high yield farming from loans, which will further the adoption of these staking protocols.

Read the rest of our article here.

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