The Newsletter by Tokenize Xchange (Vol.186| Apr 2022)

Hillary

Published in

Tokenize Xchange

5 min readApr 27, 2022

May Day Trading Rush: S$10K Prize Pool

May Day (or Labour Day), celebrated on May 1st is one of the most important holidays that presents the symbol of worker unity in Singapore. On May Day 2022, Tokenize Xchange will support users a huge reward of up to 2,000 SGD from our May Day Trading Rush Program! Feel excited yet? Let’s find out!

Promotion Period

The promotion runs from 1st May 2022, 00:00 to 31st May 2022, 23:59.

Promotion Reward

1st Place (User who has traded the most volume from 1st — 31st May 2022) will get:

S$2,000 worth of TKX

2nd Place (User who has traded the 2nd most volume from 1st — 31st May 2022) will get:

S$1,000 worth of TKX

3rd Place (User who has traded the 3rd most volume from 1st — 31st May 2022) will get:

S$500 worth of TKX

Users who have traded over S$10,000 from 1st — 31st May 2022 will share a prize pool of:

S$6,500 worth of TKX

General Rules

The giveaway campaign rewards are open to all Tokenize Xchange users.
Only trades in USD and SGD pairings are eligible for the campaign.
The trading ranking will be announced on Tokenize Xchange’s social media pages weekly.
The final winners will be announced on 8 June 2022.
Tokenize Xchange reserves the right to change or modify these terms and conditions at any time without prior notice.
Any decision made by Tokenize Xchange is final.

How to Participate

Step 1: Trade using either SGD or USD pairings on Tokenize Xchange

Step 2: Get announced on your prize on June 8th

– The users with the top 3 highest trading volumes will win S$2,000, S$1,000, and S$500 worth of TKX respectively.

– Users who have traded more than S$10,000 will share S$6,500 worth of TKX.

Step 3: Get your prize!

Last but not least, don’t forget to check the trading ranking that will be posted every week on Tokenize social media: Facebook, Twitter, and Telegram.

The more you trade, the more you earn!

FB Live Lucky Draw for our Give-away

Our $7K + Goodie Bags Give-away has come to an end. The Lucky Draw results will be disclosed on Tokenize Xchange Facebook Live on 4th May 2022, 11 a.m SGT.

Please follow our fan-page and look forward to the lucky draw. Good luck!

Crypto Earn Updated Yields from 4.5.2022

The Crypto Earn yields on Tokenize Xchange will be adjusted from 4th May, 2022:

Standalone TKX remains at 10%
Tokens (non-stablecoins) with 100 TKX staked from 8% to 6%
Tokens (non-stablecoins) without 100 TKX staked from 5% to 3%
Tokens (stablecoins) with 100 TKX staked remains at 12%
Tokens (stablecoins) without 100 TKX staked from 10% to 9%

Kindly note that our new Crypto Earn yield rates will be adjusted on 4th May, 2022, instead of the aforementioned 11th April, 2022. Please take note if you have deposits in Crypto Earn.

1.For Crypto Earn deposits from 4th May, 2021 to 4th May, 2022:

Your Crypto Earn deposits will not be affected by the change, and will continue to earn the current rates for up to 12 months from the date of staking. After one year, your deposits will automatically be withdrawn and returned to your wallet.

For example:
If a user deposited on 1st March 2022 with 8% APR, he/she would enjoy 8% APR till 1st March 2023. After 1st March 2023, an automatic withdrawal will be made and the assets will be returned to his/her wallet.

2.For Crypto Earn deposits before 4th May, 2021:

Your deposits will continue to earn yield up to 4th May, 2022. However, kindly note that from 4th May, 2022, your principal amount will be automatically withdrawn and returned to your wallet.

For example:
If a user deposited on 5th January, 2021, the yield would be paid till 4th May, 2022 and the principal amount would be automatically withdrawn to the user’s wallet. If he/she then deposits again on Crypto Earn, the new APR will be applied.

Please visit our Crypto Earn page to find out about the new yields and start your smart passive income now.

What to Know before Buying the Dip

“Take a sip, buy the dip” is one of the most common memes when bringing up fine strategies among stock and crypto investors. The approach of Buy the dip is on the potential for “buy low, sell high” capital appreciation. However, is it a piece of cake? Is there any tip that can help you improve your skill?

In the article: 5 tips to survive Crypto Bear Market, we have indicated that “Buy the dips” is one of the most common strategies after unfavorable news occurs. Dissimilar to chasing the low price to buy, investors use the buy the dip strategy to make money by purchasing at rock bottom and selling when the market rises. To put it another way, it’s a possible way to prevent becoming stuck at a lower price.

By reading this article, you will learn how to buy the dip while also getting some guides to minimize the risk and optimize your opportunity. Let’s find out with Tokenize.