The Newsletter by Tokenize Xchange (Vol.115| December 2020)

Lisa
Tokenize Xchange
Published in
4 min readDec 17, 2020

Christmas crypto giveaway announcement

The holiday season is upon us, and it wouldn’t be a real Christmas without presents. We want to thank you for all your support and trust. What’s a better way to say “Thank you” than with gifts?

Starting December 18, 2020 to December 25, 2020, we’ll initiate the festivities with #TokenizeChristmas

To participate:

Change the social media profile picture on facebook to Tokenize Christmas avatar for the activity duration then comment with a number ( 1–100 ) . On December 26, we’ll randomly pick 10 winners who have lucky number will receive 50USD worth of TKX.

The detailed information will be announced on Tokenize facebook page.

Stay tuned for more details from us!

What are Flexi and Compound features on Tokenize Xchange and how to use them?

“FLEXI” on crypto earn

Crypto Earn withdrawal is now much more convenient with our new feature “FLEXI”- you can stake or withdraw anytime provided you are Premium / Platinum users or deposits with 2,500 TKX staking.

Compound Interest

Another new feature on Tokenize Xchange is compound — you can choose to automatically add interest to the initial deposit upon on interest payment date. If you do not turn on compound, the interest will be credited to your Wallet as previously.

Here is a step-by-step guide on how to participate crypto earn and using Compound, Flexi

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.

Step 5: Withdraw coins by using Flexi.

Read detailed instructions here.

Spark Token Airdrop Updates

To support Tokenize’s XRP holders in claiming the upcoming Spark Token airdrop we have announced that Tokenize Xchange will not be supporting the Flare blockchain at launch. Please do not use a Tokenize wallet as your Flare wallet to claim the Spark token airdrop.

Bitcoin price exceed all-time high of almost $20,000 and hit above $22,000

The price of bitcoin has hit an all-time-high of almost $20,000 three years after the cryptocurrency last spiked to that level.

The spike in the buying pressure behind the pioneer cryptocurrency allowed it to break above the overhead resistance. Bitcoin shot up nearly 12% above the hypotenuse. Based on the ascending triangle formation, BTC/USD is expected to rally 15% upwards, thus there is still room for growth. This target is determined by measuring the distance between the two highest points of the triangle and adding it to the breakout point.

BTC/USD price 4-hour chart by Tradingview

There’s no stopping the Bitcoin (BTC) price rally at the moment as the world’s largest cryptocurrency has surged over 13.5% to move past $22,000 levels hitting a new all-time high. The Bitcoin Charts on CoinMarketCap shows that it has moved all the way to $22,066 before recovering marginally.
At press time, BTC is trading at a price of $21,935 while crossing the market cap of $400 billion for the very first time in history. The daily trading volumes for BTC have also surged to a whopping $51.8 billion as of writing this article. With every new high, Bitcoin continues to enter unchartered territories also called the Bitcoin Price Discovery Mode.
Bitcoin (BTC) price has literally tripled this year. Also, several cryptocurrency-linked stocks have also hit new highs this year.

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