Tokenize Xchange is a centralized digital currency exchange. It is a Singapore company regulated by the Monetary Authority of Singapore (MAS). Tokenize provides crypto-to-crypto pairing transactions. It aims to build a one-stop platform for investors to access both established and emerging cryptocurrencies.
$TKX is an ERC20 token of Tokenize Xchange based on the Ethereum blockchain. The primary use of $TKX is to enhance the user’s trading experience as well as have access to exclusive events and functions of the Tokenize Xchange platform. The upcoming pipeline includes Xclusive App with crypto spending on goods & services via cryptocurrencies.
Tokenize Xchange was founded by Hong Qi Yu in Singapore in 2018. Hong Qi Yu graduated in engineering when he was 27 years old and spent four years as a trader in financial markets.
The Tokenize trading platform has a flat rate fee structure for trading fees. Tokenize charges a trading fee of 0.25% on every trade done by the trader on the platform. However, the platform implies that it doesn’t split its trading fee with the takers’ fee as the charges are the same for takers and makers as per the market.
The withdrawal fee for trading in the Tokenize exchange platform isn’t specific. Fees are entirely on a percentage basis. The withdrawal fee is 0.02% on every withdrawal made by the trader. However, this withdrawal fee is not lower than 0.0005 BTC.
Tokenize Emblem (symbol: TKX) is the utility token of Tokenize Xchange. It is a token backed by community values.
Max Supply: 100,000,000 TKX
Circulating Supply: 50,000,000 TKX
- $TKX can be used as trading fees to enjoy discounted fees (Click here for detailed information)
- $TKX can be used to purchase premium or platinum membership status
- For a future token swap within Xchain (Tokenize’s blockchain) in which $TKX can serve as the hash power via proof of stake
