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Tokenize Exchange Blog

A place to exchange ideas, knowledge, and values

The Newsletter by Tokenize Xchange (Vol.144| July 2021)

By Amy Luong
July 27, 2021

Tokenize Xchange V3 Launched

CLICK HERE TO TRY OUT

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Access our website now to check this huge update. What’s new?:

  • Brand new design inside out.
  • Our Market and Trade sections are refurnished, bringing about a better experience for traders.
  • Clearer, smoother, and more simple KYC for our new users.
  • Improved processing time.
  • Even easier to use.

This is only the latest release of Tokenize Xchange V3, we are coming up with brand new functions and adjustments.

Feel free to check it out and tell us how you think. We appreciate your opinions and need your feedback to improve the platform.

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Webinar on 22nd July: Intro to Tokenize Xchange V3

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Join Jamie, Tokenize Xchange’s special host on Webinarjam this 22nd July to get a better glimpse of Tokenize Xchange V3.

This webinar will cover:

  • Basic Interface differences
  • How to Buy/Sell
  • How to Deposit/Withdraw Crypto
  • Tokenize Xchange Programmes & Tiered Membership

Don’t miss out!

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Whole New AXS & SLP Trading Pairs

Starting from 12th July 2021, users can now find four new pairs in Tokenize Xchange’s Market:

  • SGD-AXS
  • SGD-SLP
  • USD-AXS
  • USD-SLP

About AXS (Axie Infinity)

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AXS is the governance token for the Axie Infinity game. Token holders will be able to shape and vote for the direction of the game universe. This is unlike traditional games where all decisions are made by the game developers. AXS holders will be able to stake their tokens to earn more AXS and even vote for governance proposals.

About SLP (Small Love Potion)

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The other token in the Axie universe is Smooth Love Potion (SLP). SLP is used for the purpose of breeding and can be earned by winning battles and adventures in the game. Smooth Love Potion (SLP) tokens can be earned as rewards by Axie Infinity players through battle or adventure mode. SLP are tokens that can be used to breed new digital pets, known as Axies. It is not a governance token, therefore it is not used for voting.

SLP paved the way for the concept of Play-to-earn which popularizes the Axie Infinity games among players who are looking to earn some money or participate in DeFi. It is especially popular in countries like the Philippines.

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A Beginner’s Guide to DeFi — It’s Simple!

If you’ve been keeping up with the dynamic and fast-paced cryptocurrency world, then you might have heard of a movement known as decentralised finance (DeFi).

DeFi is a budding concept; a new yet strangely familiar idea that financial activities can be carried out without intermediaries.

More than just digital currencies that are independent of central governance, DeFi utilises the transparent and accessible nature of blockchain technology to create an open and global financial system; an autonomous network free from middlemen like banks, lawyers, or brokerages.

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4 Misconceptions of EIP 1559

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n the previous article in Tokenize Technology, we mentioned EIP 1559 — an upcoming upgrade of Ethereum planned to be released this month. However, you may not understand it thoroughly. In this article, we will dive deep into EIP 1559 and how it works to explain some common misconceptions about EIP 1559 upgrade. Let’s find out!

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Top 5 Crypto Investment Rules

Cryptocurrency investing is tough for most veteran investors, let alone beginners! A bad decision may lead you to a huge loss, and worse, make you broke! In order to avoid making huge mistakes, earn profit and win this crypto game, you should never miss the chance to arm yourself with crypto investment knowledge and skills. Put up a chair, and let’s get ready for the top 5 golden crypto investment rules to help you outperform your portfolio with Tokenize Xchange!

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