Dual Earn
Have you always wanted to grow your crypto holdings with Tokenize Xchange? Then we have a new product for you — Dual Earn Products where you can stake two cryptos and earn a higher yield.
*Do take note that the Earn program will streamlined for Accredited Investor and Institutional users from 1st Oct 2023 onwards.*
What is Dual Earn?
Dual Earn is a type of crypto earn product that incentivizes users to obtain the highest possible reward while satisfying their digital asset risk appetite. Regardless of the market moving higher or lower, users are still able to earn from the crypto rewards.
Please refer to the actual program for the real-time APR%.
How to participate in Dual Earn on Tokenize Xchange?
Here is a step-by-step to participate in Dual Earn on Tokenize
Sign in to your Tokenize account. At the top middle of the page, click on Earn and Dual Earn:
You will be directed to this dashboard.
From this dashboard scroll down to see the current dual earns products available.
Product Name | Per Annual | Quota | Limit | Deposit Time |
TKX & DAI | 7% | 1 Unit = 1,000 TKX & 1,000 DAI | Unlimited | 60 days |
TKX & USDT | 7% | 1 Unit = 1,000 TKX & 1,000 USDT | Unlimited | 60 days |
TKX & USDC | 7% | 1 Unit = 1,000 TKX & 1,000 USDC | Unlimited | 60 days |
TKX & BTC | 7% | 1 Unit = 1,000 TKX & 0.1 BTC | Unlimited | 60 days |
TKX & ETH | 7% | 1 Unit = 300 TKX & 1 ETH | Unlimited | 60 days |
TKX & LINK | 7% | 1 Unit = 10 TKX & 1 LINK | Unlimited | 60 days |
TKX & LTC | 7% | 1 Unit = 100 TKX & 1 LTC | Unlimited | 60 days |
TKX & BCH | 7% | 1 Unit = 200 TKX & 1 BCH | Unlimited | 60 days |
TKX & XRP | 7% | 1 Unit = 1 TKX & 3 XRP | Unlimited | 60 days |
TKX & INJ | 7% | 1 Unit = 100 TKX & 100 INJ | 100 Units | 60 days |
TKX & UNI | 7% | 1 Unit = 10 TKX & 10 UNI | Unlimited | 60 days |
TKX & YFI | 7% | 1 Unit = 100 TKX & 0.01 YFI | Unlimited | 60 days |
Here is an example on how to deposit 1 unit of TKX & BTC:
Do take note that you need to have at least 1,000 TKX & 0.1 BTC in your main wallet. If you want to deposit more it will need to be in whole units, for example, 2,000TKX & 0.2 BTC (2 units) or 11,000TKX & 1.1 BTC (11 units), and so forth.
After clicking on Invest, key the amount of units then click CONFIRM once you have checked and are fine with the amount to invest.
Step 4: Upon confirmation, there will be a green notification shown at the top of the page.
The summary of your investment will be shown at the top of the page under Your Investing and we will send a notification email to you as well.
Yield Payments in Dual Earn on Tokenize Xchange
Yield payment is done on every first day of the month and the day when you redeem the tokens. They will be directly added to your main wallet, in this case, your TKX and BTC wallet. They can seen when you click on Yield Payment as per the previous section.
Redeem/withdrawal of Tokens
When the 60-day maturity is reached, under the summary Your investing click Redeem and the tokens will be withdrawn back to your main wallet.
Commonly asked questions on Tokenize Xchange Dual Earn:
Question: What should I do if I would like to enjoy another 60 days of yield payment for the same product that I have put in and going to mature soon? Can I just leave the tokens there for another 60 more days?
Answer: If you do not redeem the deposited token after 60 days there will not be further yield generated. To enjoy another round of 60 days of yield generation, redeem your tokens when the 1st 60 days are completed and then deposit them back into Dual Earn for another 60 days.
**Note:
Digital Currencies are NOT bank deposits, are NOT legal tender, are NOT backed by the government, and accounts and value balances are NOT subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation or any other governmental or government-backed protections. Legislative and regulatory changes or actions at the State, Federal, or international level may adversely affect the use, transfer, exchange, and value of Digital Currencies.
* The payout you receive monthly is a simple daily yield and will not be compounded