FAQsPrograms AvailableWhat Is Crypto Earn Program ?

What Is Crypto Earn Program ?

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By Tokenize Xchange
September 30, 2024

Our Crypto Earn acts as a digital wallet that allows you to keep your crypto safe while still earning an APR of up to 5%*.

*Please refer to the actual program for the real-time APR%.

*Do take note that the Earn program will streamlined for Accredited Investor and Institutional users from 1st Oct’ 2023 onwards.

Go to Crypto Earn page

Follow these simple rules to subscribe to the crypto earn program.

1. Deposit your cryptocurrency to our crypto earn wallet. Please note that there is a minimum amount for each coin. 

2. You will be able to redeem your deposit on the 2nd – 8th of every month, provided that the crypto has been locked up for a minimum timeframe of 30 days. If the lock-up time doesn’t last for 30 days, you can withdraw on the 2nd day of the following month.

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 Now is the best time to grow your digital assets as we reduce the amount of TKX staked but double the benefits and yield.

How Does a Tokenize Crypto Earn Account Work?

Many crypto investors store their digital assets on exchanges or in cold storage for long-term safekeeping. However, this strategy doesn’t help them grow their investment holdings or build overall wealth. The Tokenize Crypto Earn Account enables individuals and institutions that own crypto assets to earn yields in crypto on their crypto held at Tokenize Xchange.

How to Earn Yield on Crypto?

The blockchain industry is in growth mode. Businesses are building and investors are looking for ways to accumulate more capital. Tokenize Crypto Earn clients can deposit their cryptocurrencies and earn up to 5%. This is an easy way for crypto investors to earn cryptocurrencies while they HODL.

The yield payout is calculated using a simple yield and is credited into the wallet at the beginning of every month.

Additionally, Tokenize Crypto Earn Clients may also opt for Compound yield. The yield earned monthly will be deposited back into your principal amount in Crypto Earn. As such, the compound yield includes yield that is accumulated during the deposit.

Example 1 [With 8% (Simple yield)]

A user who deposits 1 BTC in the Crypto Earn platform on 1/7/2021 will be able to receive a yield of 0.006789 BTC on 1/8/2021 in his wallet and will be able to withdraw on 2/8/2021.

If the user continues to leave his deposit in Crypto Earn without withdrawing,

On 1/9/2021, he will receive another 0.006789 BTC in his wallet.

 

Example 2 [With 8% (Compound yield)]

A user who deposits 1 BTC in the Crypto Earn platform on 1/7/2021 (with Compounded Yield) will be able to receive a yield of 0.006789 BTC on 1/8/2021 added into the principal (1 BTC) and will be able to withdraw on 2/8/2021.

If the user continues to leave his deposit in Crypto Earn without withdrawing,

On 1/9/2021, his deposit in Crypto Earn will be:

1 BTC + 0.006789 BTC (1st Month’s Compounded yield) + 0.006835 BTC (2nd Month’s Yield)

= 1.013624  BTC

 

What Does Tokenize Do with Account Assets?

Tokenize generates yield payout on assets held in these accounts by lending them to trusted institutional and corporate borrowers. To ensure performance, Tokenize typically lends crypto on over-collateralized terms (similar to the structure of crypto-swap). Furthermore, Tokenize’s automated risk management system monitors positions 24/7, leveraging the same trusted risk management system used with Crypto Swap. Tokenize has the ability to terminate borrowing in a timely fashion and also manages reserve balances to facilitate client withdrawals from Earn Accounts.

Tokenize client funds are structured to be at the top of the capital stack, senior to Tokenize equity, and Tokenize employee capital. This means Tokenize’s business and client incentives are aligned and Tokenize would take a loss before any client would. Tokenize implements very thoughtful risk management practices and technology to mitigate the risk, but you should not view the Tokenize Crypto Earn as a savings account or brokerage account with insurance.

 

Tokenize Crypto Earn Account Terms and Conditions

Tokenize Crypto Earn Account is available to clients worldwide, with a few exceptions. For example, Tokenize Crypto Earn is not available to clients located in the United States of America, sanctioned or watch list countries.

The Tokenize Crypto Earn does require a minimum deposit balance to be eligible to earn yield. Withdrawals are often pushed through same-day, but Tokenize reserves up to 7 days to process a client fund withdrawal. These guidelines will change and improve as the Account grows and client feedback is received.

 

Sign Up for a Tokenize Account

Signing up for a Tokenize Crypto Earn is almost immediate if you are a Tokenize user. Visit https://tokenize.exchange/register to begin. Once you input your contact information, you’ll be asked to go through Tokenize’s KYC process to complete the exchange trading account. After that’s completed, you are able to click on Crypto Earn to participate.

Once you log-in to the account, navigate to the Earn tab. There, you will be able to view the available crypto deposit types and participate.

More details can be found here.

*Depend on the period of time or promotion