The Newsletter by Tokenize Xchange (Vol.130| March 2021)

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Crypto Earn New Stake Amount: 1,000TKX

The users who have already joined and staked 2,000TKX will get 1,000TKX returned. We are working to deliver the amount back to you.

Join Crypto Earn now: CLICK HERE

New Trading Pairs: SGD-INJ & USD-INJ (Injective Protocol)

Injective Protocol is a universal DeFi protocol for cross-chain derivatives trading across a variety of financial products such as perpetual swaps, futures, and spot trading.

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Some of Injective Protocol’s key elements include:

  • Layer-2 decentralized derivatives trading: Injective is able to achieve fast trading speeds while charging zero gas fees.
  • Trade on any market: Injective allows anyone to create and trade on any derivative market using only a price feed, thereby opening up many opportunities for trading on markets not found on other exchanges.
  • Cross-chain trading and yield generation: Injective is capable of supporting a diverse array of trading and yield generation activities across distinct layer-1 blockchain networks.
  • Community driven network governance: Injective’s network will be governed by its decentralized community in which new listings or network changes are all voted on a Decentralized Autonomous Organization (DAO) structure.
  • Liquidity mining incentives: Injective’s community will be able to capture value via liquidity mining programs that have been natively built onto the network to spur continuous growth.

Start trading INJ now: CLICK HERE

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Tokenback for Membership Upgrade

A great chance to upgrade your membership with us from 19 March 2021–19 April 2021.

Those who upgrade to Premium and Platinum will get 50% TKX back.

  • For Premium members: A 80TKX tokenback for a 160 TKX purchase.
  • For Platinum members: A 400TKX tokenback for a 800 TKX purchase and 800 TKX stake.

Click here to learn more

House Warming TKX Giveaway

Exclusive! Grab the chance to earn free TKX just by signing up on our website or becoming our loyal user by accumulating traded value.

> FOR NEW USERS: 1 TKX

New users whose accounts are successfully verified from 8 Mar 2021, 0:00 to 9 Apr 2021, 0:00 (SGT) will automatically receive 1 TKX to your wallet.

> FOR LOYAL USERS: 10 TKX

The users who have traded the amount equivalent to 5,000 SGD on Tokenize from 1 Jan 2021, 0:00 to 9 Apr 2021, 0:00 (SGT) will automatically receive 10 TKX to your wallet.

Don’t miss this awesome offer and start trading with us now!

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Bitcoin and Ether Rise

Bitcoin’s 24-hour range: $57,069-$59,380 (CoinDesk 20)

Bitcoin has climbed on four of the past five days, and the price is now pushing back toward $60,000 for the first time in a couple weeks.

Several stories reinforced the theme of growing mainstream adoption of cryptocurrencies, echoing the takeaway from Visa’s announcement on Monday.

  • PayPal on Tuesday announced a Checkout service that will allow bitcoin (BTC), ether (ETH), bitcoin cash (BCH) and litecoin (LTC) to be seamlessly converted into U.S. dollars or other fiat currencies when making purchases, the same as a credit card or a debit card would work inside a PayPal wallet.
  • Blockstream, the bitcoin development company, is launching a token tied to the company’s bitcoin-mining production, redeemable in bitcoin.
  • Derivatives exchange Chicago Mercantile Exchange (CME) will launch smaller-sized bitcoin “micro” futures contracts in May, potentially expanding the number of people who bet on the future price of the leading cryptocurrency.
  • Tether, the company behind the biggest dollar-linked stablecoin, USDT, published an attestation verifying that it had $35 billion in assets backing a similar amount of its USDT token last month. Some analysts had warned that an unraveling of trust in tether could rattle the bitcoin market.

Ether’s 24-hour range: $1,787-$1,860 (CoinDesk 20)

Ether (ETH), the second-largest cryptocurrency by market value, climbed alongside bitcoin, gaining 1.3% to $1,841 as of press time

The native cryptocurrency of the Ethereum blockchain, ether has more than doubled this year, but its price is still off the all-time high around $2,000 reached in February.

Cryptocurrency Fund Flows Now at Lowest Since October 2020

Slowing investor appetite for cryptocurrency funds reflects sideways price action in bitcoin (BTC). The cryptocurrency has traded between $50,000 and $60,000 over the past week.

  • Investment flows in the U.S. are slowing, while Europe and Canada continue to hold up.
  • Trading volumes in digital-asset investment products declined to $788 million per day last week, versus an average $900 million per day so far in 2021.
  • Bitcoin received the largest inflows, according to the report, but Ethereum on a market capitalization basis (as we’ve seen in previous weeks) remains more popular with inflows of $5 million.

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