How to participate in crypto earn ?
Tokenize Crypto Earn allows you to safely deposit your cryptocurrencies with us to earn monthly interests in your crypto.
Here is a step-by-step guide on how to participate crypto earn and stake TKX on Tokenize Xchange.
Go to our website. Select Earn on your dashboard then select Crypto Earn.
You will be directed to the below dash board.
As you scroll down further, you will be able to see the full list of coins available under Product :
The without 100 TKX Staking and with 100 TKX Staking button, allows you to see what is the higher APR% ( annual Yield ) when you paired with 100TKX without actually staking first. Please refer to the platform for the updated real time APR%.
What is Compound interest on payment days and why stake with TKX ?
Compound interest on payment days is a option where once user tick on it, the interest payment instead of going to the main wallet, it will be added into the main deposit itself. This option can only be selected at the start of each deposit after you have click stake on the token of interest to deposit (refer to below example on the standard deposit flow).
Stake with TKX (not to confuse with standalone TKX deposit) is a option where by users have 100TKX in their main wallet and they would like to pair this 100TKX with their non TKX deposits. Deposits that are paired with 100TKX will enjoy a higher APR% and this pairing will become flexi withdrawal as well. This process can only be selected and executed at the start of each deposit after you have click stake on the token of interest to deposit (refer to below example on the standard deposit flow).
Here is a example of how to do a deposit for 0.1 BTC without 100 TKX staking and no compound interest enabled:
Under "Products" scroll to Bitcoin Staking and click on the orange "Stake" letter on the most right under Action.
The below page will appear and you input in the 0.1 BTC under amount.
Once done scroll down the page:
After you have read through the terms click on the Orange "CONFIRM" button on the bottom right:
Once the deposit is successful you will see a green tab with a tick on the top right as shown below and a separate notification email will be send shortly as well:
Where to see the summary of your deposits:
The 0.1BTC staked inside will be shown at the top of the crypto earn page under "Your staking"
The Detail button will have all the information regarding interest payment and withdrawal dates.
Interest payment will take place on the first week of every month and the day which you withdrawal you deposits. If you do not choose compound interest, the interested generated will be deposited into your main wallet in this case your BTC wallet. If you ticked compound interest, the interested generated will be added to your deposited amount and will continue to roll on with the next interest payment. An email will also be send to you on the week of the interest payment.
You can also view the interest payment summary by clicking on to the Detail button under your stacking:
How to withdrawal from Crypto Earn:
Referring to the above section under Your Staking once the withdrawal period is reached, to withdraw, click on Detail on the most right, a pop up will appear :
Scroll down to the end of the pop up and click on REDEEM on the bottom left. The tokens will be withdrawn back to your main tokenize wallet.
Summary of Crypto Earn Deposits:
|Membership Status||Type of Deposit||Lock in period|
|Normal||Without 100 TKX staking||30-50 days*|
|Normal||With 100 TKX staking||Flexi withdrawal|
|Premium or higher||All deposits||Flexi withdrawal|
*For deposits on the first week of the month, withdraw can be done on the first week of the coming month (deposit on 1st week of June, withdrawal on 1st week of July )
For deposits on and after second week of the month, withdraw can be done on the 1st week of the 2nd coming month (deposit on 2nd week of June, withdrawal on 1st week of Aug )
Commonly asked questions on Crypto Earn :
Question: What are the interest pay out period and will we receive them in fiat ?
Answer: With your tokens in deposit, the interest will be paid out at the 1st week of each month and it will be in the form of the tokens which you deposited in. For users on flexi withdrawal, if the deposit exceed 30 days the first pay out will be on the 1st week of the month and final pay out is on the date you withdraw out the tokens.
Question: What is the difference between below TKX staking and the previously mentioned 100TKX staking for a higher APR% ?
Answer: The Tokenize Xchange Staking that is shown above is depositing TKX tokens only. TKX tokens deposited in this manner cannot be used for pairing with other tokens for higher APR%.
Question: If I have already deposited BTC with 100TKX staking, can i deposit more BTC on a later date and enjoy the higher APR% as well ?
Answer: Yes it can be done. You will need to keep the first BTC with 100TKX staking in deposit. When you deposit in BTC only at the second time click on with TKX staking and ensure that you have the minimum amount of BTC to deposit, doing so with second or coming more BTC deposits you will get to enjoy higher APR%.
Question: If I like to enjoy higher APR% and I plan to deposit in BTC, ETH and LTC can I know how many set of TKX do I need to have ?
Answer: The 100 TKX staking is for each type of token so if you are keen to deposit 3 type of different tokens you will need to have 3 X100 TKX token ready.
Question: As the baseline deposit period is 30-50 days if I am on flexi withdrawal and I hope to withdrawal my tokens out earlier, will my interest pay out be void?
Answer: For users on flexi withdrawal, their interest pay out will not be void but pro rated if they withdraw the tokens that are less than 30 days in deposit.
Question: If I do not withdraw out my tokens upon reaching the coming maturity date can I know what will happen ?
Answer: If you decide to leave your tokens inside crypto earn after the maturity date, for normal members these tokens will be locked in for another 30 days with another round of interest generated.