Wrapped Stocks on Ethereum: Meet StonkSwap and STONK Token

Find the description of the StonkSwap protocol and learn how to trade its token on Tokpie Exchange.

Apart from DeFi and NFT boom, another trend is rising in the crypto market. We are talking about platforms that allow users to trade traditional stocks on a blockchain. Today, you will learn about the StonkSwap working protocol and its STONK token. Also, you will learn how to trade STONK tokens on Tokpie.

What’s the StonkSwap?

The StonkSwap is a decentralized protocol to wrap stocks from the classical stock exchange market. As a result, StonkSwap users can trade wrapped stocks right from their Metamask wallets. That solution gives the following advantages comparing to traditional stock exchanges:

  • Ability to trade stocks 24/7/365;
  • Simple cross-border trading regardless a user’s location;
  • Immediate settlement. Just like on any DEX.

So, StonkSwap’s users can buy and sell wrapped stocks like Tesla (wTSLA) or Apple (wAAPL) on the Ethereum chain quickly. The holders of StonkSwap tokens can define what assets to add to the list of wrapped shares. Moreover, users store all wrapped stocks backed with actual stock shares in their wallets. That’s exceptionally safe.

StonkSwap app
StonkSwap DEX protocol

What’s the STONK token?

The STONK is an ERC20 token. Its primary values are to be a governance token and pay trade fees. Consequently, only STONK-holders vote for the new stock to be wrapped and added into the StonkSwap protocol. Also, users spent STONK for each trade as a gas fee.

How to buy STONK tokens?

To purchase STONK tokens for ETH do three simple steps:

  1. Fund your account with ETH. If you don’t have crypto, you can purchase ETH with a bank card in a few minutes.
  2. Open the STONK/ETH order book and place your trade order to buy. Use this instruction if you don’t know how to place a trade order.
  3. Withdraw STONK tokens to your personal Ethereum wallet or hold them on the account.

How to sell STONK tokens?

To sell STONK tokens for ETH follow three steps:

  1. Deposit STONK tokens on your account.
  2. Open the STONK/ETH order book, and place your trade order to sell. Read the instruction if you don’t know how to place a trade order.
  3. Withdraw ETH to your personal Ethereum wallet or hold them on the account.

How to deposit STONK tokens?

To deposit StonkSwap tokens on your Tokpie account, follow this guide. Also, make sure that you are going to deposit tokens that relate to this smart contract address. If you deposit the wrong tokens, Tokpie could not identify your transfer.

Note: Tokpie doesn’t charge any fees for depositing.

How to withdraw STONK tokens?

To withdraw StonkSwap tokens from your Tokpie account, use this instruction. Besides, you must have an eth compatible wallet address to be able to withdraw tokens. Also, check the withdrawal commission.

Disclaimer

In addition, please be aware that Tokpie charges a fee for the listing. Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance or successful fundraising.

Useful links

For any questions or cooperation, you can contact Tokpie at https://t.me/tokpie.

Sell More Tokens: Add Bank Card and Apple Pay

Discover how to provide your users with the Visa, MasterCard, and Apple Pay payment methods for purchasing your project’s tokens.

Every day thousands of people are starting to investigate crypto first time. And some of them come on your project’s web page. But they are newbies that don’t have ETH or USDT to purchase your token. That’s a problem. Fortunately, most of these newcomers have bank cards so that they could buy your altcoin for local fiat currencies. Today, you will know about two solutions that allow your website visitors to buy your project’s tokens with a bank card or Apple Pay. The first one is a simple and free solution that takes 4 hours to implement. The second solution is quite expensive, but it’s more suitable for projects with high market caps.

Two ways to add bank card and Apple Pay as purchasing options

There are two ways to provide your website’s visitors with the opportunity to buy your project’s tokens with a bank card and Apple pay. The first way is available at no cost and easy to implement. The second way allows your users to purchase your coin on your site or in your app directly but costs money. Continue reading to learn more about each solution.

How to add bank cards and Apple Pay payment options at no cost?

To add bank card and Apple Pay payment options to your website, follow three simple steps:

  1. List your token on Tokpie exchange. Thanks to partnering with Simplex (global fiat infrastructure to enable secure credit card processing for the crypto industry), Tokpie is eligible to sell crypto with bank cards.  
  2. Ask the Tokpie team to add bank cards and Apple Pay payment options. It’s free of charge. Look at a real-life example of this solution provided to the UZE token
  3. Add a button on your website’s main page and Link that button to the bank card payment option. Look at an example (image below).
sell tokens with bank cards
Sell tokens with credit cards

Note that you can add Visa, Mastercard, and Apple Pay logos if it’s suitable for your web design.

How to add my token into the Simplex bank card processing widget?

To add your project’s token into the Simplex list of crypto assets available for purchase with a bank card and Apple Pay, do the following steps.

  1. List your token on at least three exchanges from the TOP30 due to the CoinMarketCap’s rank.
  2. Add your token on CoinMarketCap and make sure that it has a market cap above $100M due to CMC. It’s important because the cost of integration with Simples depends on your market capitalization.
  3. Be ready to pay a listing fee to Simplex. The price depends on your coin’s market cap as follow:
PricingMarket Cap
$50Kabove $300M
$100Kabove $100M
$150Kabove $150M

Note that Simplex can recoup the payment in full or partially against Simplex’s fees after six months of selling the coin.

Despite the high fee, the benefits of such integration are enormous. It allows exposing your coin to hundreds of millions of users worldwide on hundreds of exchanges and wallets, including Binance, KuCoin, Poloniex, OKEx, Huobi, Bithumb, Abra, Trust, BRD, Changelly, and many more. Moreover, you will get an immediate impact on coin valuation. For example, Deep Coin (DEP) and Tron (TRX) have got 68% and 57% price growth, respectively, since one week after integration. 

What are the advantages?

After integration, your users can choose to purchase your Token with Bank Card that can be Visa, MasterCard, debit, or credit card. Also, they can use Apple Pay at checkout. Moreover, with 45% of Americans owning an iPhone, it’s safe to say that Apple Pay is the popular choice for millions. 

To alert the maximum number of users to this exciting addition, we suggest placing the Apple pay logo (alongside Visa and MasterCard) on your website. Tokpie takes care of all the back-end work. Give us a shout that you want us to turn it on.

Bottom Line

Cryptocurrency adoption is growing. So many new people (your potential token-buyers) are coming into the market. But these newbies don’t have crypto to purchase your coin. Therefore, having the bank card and Apple Pay buying options on your site is essential. It will be supporting the demand on your project’s token forever. Moreover, it allows making quick emotional sales. If you want to integrate that solution today, contact us at info@tokpie.com. The Tokpie team will help you and guide you on every step. 

Useful links

For any question or cooperation, you can contact Tokpie at https://t.me/tokpie

What’s Earn Network and How to Trade EARN$ Tokens?

Find a description of the EARN Network protocol and a guide on how to trade its token on Tokpie exchange.

Have you found it too complicated and expensive to participate in DeFi pools? Surely you do. It requires performing many transactions that cost a lot, especially when gas is high on the Ethereum chain. To solve this problem, the EARN DAO developed a decentralized passive income protocol – EARN Network and EARN$ token built on Ethereum. Learn how it works and how to trade EARN$ tokens on Tokpie.

What’s the EARN Network?

The EARN Network is a decentralized and deflationary passive income protocol built on the Ethereum blockchain. Each Ethereum address that has EARN$ automatically receives EARN$ tokens from each transaction of EARN$ tokens. There is no need to stake or perform additional tasks to claim the distributed tokens. So, that’s the easiest way to hold and earn.
For example, if you send 10,000 EARN$ tokens to someone, the 3% fee is triggered, meaning the recipient gets 9,700. Simultaneously, the smart contract automatically allocates 150 tokens (1.5%) to all EARN$ token-holders and 150 (1.5%) to the burning address.

What’s the EARN$ token?

EARN Network (EARN$) is an ERC20 token. The primary value of this token is to store value while earning a yield. Moreover, thanks to the smart contract, the EARN$ has a deflation algorithm. Every EARN$ transaction between two Ethereum addresses leads to the burning of 1.5% tokens from the transaction amount. As a result, the total supply of EARN$ cryptocurrency is constantly decreasing. Also, each token-holder is consistently earning more EARN$ altcoins by simply holding them on a personal wallet.

How to buy EARN$ token?

To purchase EARN$ tokens for USDT, do three simple steps:

  1. Fund your account with USDT. Note that you can purchase USDT with a bank card in a few minutes.
  2. Open the EARN$/USDT order book and place your trade order to buy. Use this instruction if you don’t know how to place a trade order.
  3. Withdraw EARN$ tokens to your personal Ethereum wallet or hold them on the account.

How to sell EARN$ token?

To sell EARN$ token for USDT, follow three steps:

  1. Deposit EARN$ tokens on your account.
  2. Open the EARN$/USDT order book, and place your trade order to sell. Read the instruction if you don’t know how to place a trade order.
  3. Withdraw USDT to your personal Ethereum wallet or hold them on the account.

How to deposit EARN$ token?

To deposit EARN$ tokens on your Tokpie account, follow this guide. Also, make sure that you are going to deposit tokens that relate to this smart contract address. If you deposit the wrong tokens, Tokpie could not identify your transfer.

Note: Tokpie doesn’t charge any fees for depositing.

How to withdraw EARN$ token?

To withdraw EARN$ tokens from your Tokpie account, use this instruction. Besides, you must have an eth compatible wallet address to be able to withdraw tokens. Also, check the withdrawal commission.

Disclaimer

Also, please be aware that Tokpie charges a fee for the listing. Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance or successful fundraising.

Useful links

For any questions or cooperation, you can contact Tokpie at https://t.me/tokpie.