Education Token HODL Payout & Moving Tokens to Private Wallets

This is the first month following the announcement of the Education Token Hodl Reward Program and interest payments will be made this week. We are currently checking the wallets of those that signed up to receive 0.25% interest if they hold at least 20,000 Education tokens.

However, we have noticed that many of these wallets are exchange wallets. As per the rules of the HODL program, tokens held in exchange wallets are not eligible. As such, we are reminding persons who signed up for the HODL program and hold their tokens in an exchange wallet to transfer them to their private ERC20 wallets so that they can be eligible for the reward program next month, though they will remain ineligible for this month.

Exchange wallets are perfect for holding a small amount of tokens but it is dangerous to hold large amounts of tokens in these wallets. Exchanges can be hacked. If that happens their customer support will be unable to help you and your tokens will be lost. We encourage anyone who holds tokens in an exchange wallet, whether they are eligible for HODL or not, to move their tokens to a private ERC20 wallet for safety reasons.