The Newsletter by Tokenize Xchange (Vol.160| Oct 2021)
No Tricks, Just Treats with Tokenize: Earn 5,000 SGD
Welcome this magical week with a spooktacular LUCKY DRAW with Tokenize Xchange.
Each top-up with a credit/debit card (10,000 SGD min) on our website from 24th to 31st October, 2021 will be considered a lottery.
One can top up multiple times (10,000 SGD min each time) and increase their chance of winning.
We will have a live-stream to announce the lucky winner.
Simply join this lucky draw by top up today and wait to bring your 5,000 SGD of TKX home!
*** Deposits made before 12AM 24th October or after 12AM 1st November are not eligible.
*** Winners will be chosen randomly.
Podcast: ‘’Everything You Need to Know about Ce-Fi’
On 29th October, we will air a special podcast on our Tokenize Xchange Youtube channel.
Join us for:
- CeFi back then (2017) vs now (2021), and how we expect CeFi to evolve:
- Trading pairs
- Products offered
- CeFi in-depth discussion
See you there.
New Promotional Rate for Premium & Platinum Membership Upgrade
Tokenize Xchange is having a lot in store for 11.11 and can’t wait to announce everything in details to you guys. These exclusive deals will be disclosed one by one so STAY TUNED.
The Platinum membership upgrade fee will be 40 TKX (+ 720 TKX stake) on 11.11 only and revised to 80 TKX (+ 720 stake) from 12.11 onwards.
The Premium membership upgrade fee will be 40 TKX on 11.11 only and revised to 80 TKX from 12.11 onwards.
Can you guess what the #3 upgrade will be?
7 Crypto Trading Mistakes Investors Should Avoid
The massive returns of cryptocurrency have attracted a great number of investors, However, not everyone who invests in will get a profit. Unfortunately, most new crypto traders are making mistakes that could have been easily avoided. In this article, Tokenize Xchange will help you with the 7 crypto trading mistakes of most newbies. Let’s find out!
1. Choose the wrong crypto exchanges
Before trading cryptocurrencies, one of the first things to look out for is to find a reliable cryptocurrency exchange. There are many scamming exchanges out there, so it’s necessary to put your security first when making a choice. Among several crypto exchanges, Tokenize Xchange is such a great choice to help you seamlessly buy and sell crypto assets.
5 Things to Know about AVAX — the Newly Listing on Tokenize Xchange
Avalanche (AVAX) has the potential to be one of the greatest projects in the crypto market race. With significant growth over the past year, 2,000% compared to 50% for BTC and 320% for ETH, AVAX is slowly becoming viable for long-term investment. Let’s explore 5 things to know about the AVAX token — the newly listed cryptocurrency on Tokenize Xchange to understand why this project is so attractive to investors.
1. Avalanche is a big rival of Ethereum
Avalanche is a layer one blockchain designed to function as a decentralized, distributed, and secure network. In addition, the platform also offers payment solutions in the form of AVAX cryptocurrency.
Avalanche blockchain has become a big rival of Ethereum that is aiming to unseat Ethereum as the most popular blockchain for smart contracts. According to Ava Labs, this is the first blockchain that can process smart contracts and execute transactions in less than one second. Also, Avalanche can handle a higher transaction output of 4,500 transactions per second, much higher compared to Ethereum with 14 transactions per second.
Proof of Stake consensus mechanism
Scalability: Avalanche uses a Proof of Stake (PoS) consensus mechanism, which provides Sybil protection for the network. The system allows tens of thousands of validators to operate in the system while ensuring resistance to cyberattacks.
2. The development team of AVAX token
Founded in 2018 and funded by multiple investment funds such as Andreessen Horowitz, Initialized Capital, and Polychain Capital; Ava Labs is currently developing the Avalanche platform and the AVAX cryptocurrency. Ava Lab is a technology research and development company based in Brooklyn — New York.
Avalanche project has been led by Emin Gün Sirer, a Turkish-American computer scientist, founder, and currently an associate professor of computer science at Cornell University. Other members of Ava Labs are experts with extensive experience in the fields of technology, finance, economics, marketing, etc.
3. What makes Avalanche special?
The outstanding point of Avalanche comes from its unique architecture. The Avalanche attempts to deal with the blockchain trilemma by including three separated blockchains: X-Chan, C-Chain, and P-Chain. Each one aims for a different purpose, which is radically distinct from the approach that Bitcoin and Ethereum use.
4. Avalanche ecosystem
Avalanche ecosystem is rapidly expanding with DEX’s, Synthetics, Prediction Markets, ILOs, Private Securities, and more.
***AVAX is currently available in our Market only, the Deposit & Withdrawal function will be made available soon.
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