Bitpayer (BPT) Trading Competition

Know how to win rewards just by trading the BPT tokens.

UPDATE

Congratulations to all the participants! The competition has successfully finished. Find relusts in the table below.

The following winners have received prize BPT on their accounts:

RankingLogin EmailBPT prize ?
?nw***si@***.com25,000
?ev***ba@***.com15,000
?ia***ye@***.com10,000
4ji***ss@***.com16,863
5ke***le@***.com10,961
6ob***gg@***.com10,717
7mu***nc@***.com3,359
8na***no@***.com3,049
9ju***im@***.bg872
10ra***ik@***.com798
11de***24@***.com789
12ig***na@***.com592
13Ph***si@***.com525
14cr***ls@***.com430
15lw***70@***.com347
16cr***ne@***.com243
17il***ro@***.com212
18di***06@***.fr175
19ki***ic@***.com35
20op***yt@***.com32

Thanks for your participation! This competition was a great chance to get a share in the 100 000 Bitpayer Token (BPT) prize pool.

Prize pool

100,000 BPT will be allocated among participants as follow:

  • ?25,000 BPT for the first place
  • ?15,000 BPT for the second place
  • ?10,000 BPT for the third place
  • 50,000 BPT will be allocated to the 4th-20th places due to trade volumes.

How to join BPT trading competition

Buy or sell Bitpayer token here ? BPT/ETH, to become a participant automatically. Learn what is BPT token and how to trade it here.

Your trade volumes are counted and considered for the distribution of the prize pool.

Duration

BPT trading competition period: May 10, 2020, 14:00 UTC – May 30, 2020, 14:00 UTC.

Trading Ranking List

RankingLogin EmailTrading Volume
?nw***si@***.com173781
?ev***ba@***.com162322
?ia***ye@***.com151923
4ji***ss@***.com96299
5ke***le@***.com62595.5
6ob***gg@***.com61200
7mu***nc@***.com19179
8na***no@***.com17413
9ju***im@***.bg4981
10ra***ik@***.com4558
11de***24@***.com4504
12ig***na@***.com3378
13Ph***si@***.com2998
14cr***ls@***.com2456.5
15lw***70@***.com1981
16cr***ne@***.com1389
17il***ro@***.com1209
18di***06@***.fr1000
19ki***ic@***.com200
20op***yt@***.com184

Updated May 30 at 14:00 UTC.

Tokpie updates trading volumes regularly. If you have just joined (made any trade with BPT) then you appear in the table within the next 48 hours.

BPT Trading competition rules

?Winners are determined by the total amount of generated trading volume for the period from May 10 to May 30;
?You can buy and sell BPT
?Look at your progress in the table; updated every 24h.
?Tokpie reserves the right to disqualify trades that are deemed to be wash trades or display attributes of market manipulation
?Tokpie reserves the right to cancel or amend the Competition or Competition Rules at our sole discretion.

What is Bitpayer Token (BPT)

Bitpayer is a new decentralized exchange that supports the Ethereum type of tokens.

Useful links

  • Join YOUengine airdrop. A new project supports by John McAfee.
  • Earn ETH, USDC, YOUC, TKP by participating in YOUengine bounty.

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

YOUengine Airdrop

Learn about the main conditions of YOUengine Airdrop.

Welcome to the Airdrop powered by YOUengine!
Get up to 150 YOUcash (YOUC) tokens (~$15) for completing the simplest tasks. Find all terms and conditions below.

How to join YOUengine airdrop

The registration form can be submitted just once so fill it in full to get the maximum amount of tokens!

The registration form is closed because Airdrop is finished! Check your status in the spreadsheet.

Rewards and tasks

AirDrop required tasks:

  • Telegram: Join Group and Channel (20 YOUC)
  • Twitter: follow account, like and retweet a pinned tweet (20 YOUC)
  • Facebook: follow page, like and share a pinned post (15 YOUC)

AirDrop bonus tasks:

  • YouTube: Subscribe on the channel, watch and like 5 videos +50 YOUC
  • Instagram: follow account, like & share most recent post +20 YOUC
  • LinkedIn: Follow the page, like and share a pinned post +10 YOUC
  • Reddit: follow and upvote the pinned post +10 YOUC
  • Medium: follow the account, give 1 clap to most recent post +5 YOUC

IN TOTAL, AIRDROP PARTICIPANT CAN EARN 150 YOUC tokens worth $15.
To earn much more YOUC tokens, join YOUengine Bounty.

To earn much more YOUC tokens, join YOUengine Bounty.

Rules

  1. DO NOT MENTION AIRDROP/BOUNTY ON TELEGRAM CHAT. ONLY DISCUSS THE PROJECT DETAILS. OTHERWISE, YOU WILL BE BANNED.
  2. Stay a subscriber until you get YOUC tokens on your wallet.
  3. You must leave at least one joining message in the telegram group to get tokens. It must be a constructive message, we don’t count such messages as “Hi”, “Good project”, “Joined”, and so on. Repeating old comments is prohibited.
  4. Send the link on your joining message to the bounty manager via Telegram before submitting the form. Don’t wait for a reply, just send it.
  5. Joining with multiple accounts is not allowed. Users found to be using multi accounts, will be disqualified
  6. Your telegram account must be active until December 31, 2020. “YOU” team will contact you at any time before token distribution to check that you are a real person.

Duration

Starts on May 03, 2020
Ends on September 15, 2020

After September 15, 2020, the airdrop registration form will be closed.

Distribution

Airdrop participants will receive YOUC tokens in their personal eth addresses from Oct 30 to Dec 31, 2020.

NOTE: The distribution will be made in the first-done, first-served principle. So, those participants who complete tasks first will be the first who receive tokens.

No KYC

Airdrop participants will not have to pass KYC!

Participation limits

When any of the following limits is reached, the airdrop stops.

  • Airdrop pool limited to 2,000,000 YOUC tokens;
  • Participation is open until September 15, 2020.

Spreadsheet

Check your status and tokens earned.
Spreadsheet

Useful Links

Bitpayer Token (BPT) Listed on Tokpie

Learn about Bitpayer (BPT) token and how to trade it.

Good news for the growing Bitpayer’s community! Today, Tokpie exchange has listed Bitpayer Token (BPT) in the ETH market. So, learn how to trade BPT against Ethereum in few steps.

What is Bitpayer Token (BPT)

The BPT token is an Ethereum based (ERC20) token issued by the Bitpayer exchange.

  • Token Name: Bitpayer Token
  • Symbol: BPT
  • Token platform: Bitpayer
  • Token total supply: 8,000,000,000
  • BPT Smart contract: 0x283669123bd83da2536bb534e20512101c18e5d8

What is Bitpayer

Bitpayer is the decentralized exchange that currently supports the Ethereum type of tokens.

Know more by vising the Bitpayer website and exchange.

Trade BPT - Bitpayer DEX
Bitpayer decentralized exchange

Also, the Bitpayer team is going to provide users with the currency-neutral DEX where tokens of any blockchain could be traded.

How to trade BPT token

To trade BPT tokens, open BPT/ETH order book and place your trade order.
In case you don’t know how to trade, use this instruction.

How to deposit BPT tokens

To deposit BPT to your Tokpie account follow this guide. Make sure that you are going to deposit BPT tokens related to that smart contract address: 0x283669123bd83da2536bb534e20512101c18e5d8. Otherwise, your transfer will not be identified by the Tokpie exchange.
Tokpie doesn’t charge any fees for depositing.

How to withdraw BPT tokens

To withdraw BPT tokens from your Tokpie account, use this instruction. You must have an eth compatible address to be able to withdraw Bitpayer Tokens.
The minimal withdrawal amount is 110 BPT.
The withdrawal commission is 100 BPT.

Hold or trade BPT tokens?

The future of Bitpayer exchange might be bright If the team could promote it properly. They are going to grow into a full-fledged currency-neutral DEX exchange that will support various cryptocurrencies irrespective of their underlying blockchain technology. It will require to build its own blockchain and Bitpayer token will become a coin. Such migration can also make BPT a mintable coin.

Disclaimer

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

YOUengine Bounty Outline

Learn about the main bounty conditions which “YOU” team prepared for the crypto community.

Aiming to increase project awareness, YOUengine starts a big 4-rounds bounty campaign worth $3,000,000 ?. Such a great value supported by the IEO/listing approved on the TOP-10 CMC Exchange! This article contains the general YOUengine bounty description showing its essential features.

General conditions

Bounty campaign duration

The YOUengine bounty will be running 28 weeks starting from April 07, 2020, to October 19, 2020. It contains 4 rounds. The duration of each round is 7 weeks.

Bounty reward

Thanks to the partnering with Tokpie, the participants of YOUengine bounty will be able to get not only YOUC tokens in October 2020, but also ETH, USDC, TKP at any moment before distribution.

Reward in YOUC tokens

The total reward pool for the bounty campaign is 30,000,000 YOUC tokens having $3,000,000 in value. Consequently, each round’s pool is 7,500,000 YOUC tokens. This reward will be divided according to the bounty stakes accumulated among eligible participants and distributed in October 2020.

Reward in ETH, USDC, TKP

Fortunately, there is no need to wait for October to receive the reward! Every participant can instantly get Etherum (ETH), USDC, and TKP by selling any amount of bounty stakes that he/she is going to earn during the bounty campaign. Also, any Tokpie user can buy bounty stakes from hunters until distribution. Know how to trade YOUC bounty stakes.

YOUengine Bounty distribution

The distribution of the YOURC tokens in accordance with bounty stakes earned during Rounds 1-4 will happen during the period from October 27, 2020, to October 31, 2020.
Tokens will be transferred to the personal ethereum wallets of participants.

NO KYC

Bounty participants will not have to pass KYC!

Round 1

Here are the main conditions for the Round 1 of YOUengine bounty.

  • Round 1 bounty pool: 7,500,000 YOUC tokens
  • Duration: 7 weeks
  • Date of start: April 07, 2020
  • Date of end: May 25, 2020
  • Categories and allocation percentage:
    • Facebook: 10%
    • Twitter: 10%
    • Reddit: 10%
    • LinkedIn: 10%
    • Translation: 10%
    • Telegram group/channel owners: 20%
    • Signature: 30%

Round 1: BITCOINTALK THREAD
FINAL SPREADSHEET for Round 1

Round 2

Here are the main conditions for the Round 2 of YOUengine bounty.

  • Round 2 bounty pool: 7,500,000 YOUC tokens
  • Duration: 7 weeks
  • Date of start: May 26, 2020
  • Date of end: July 13, 2020
  • Categories and allocation percentage:
    • Facebook: 10%
    • Twitter: 10%
    • Reddit: 10
    • LinkedIn: 10%
    • Telegram (avatar): 10%
    • Comments: 10%
    • Signature: 40%

ROUND 2: BITCOINTALK THREAD
FINAL SPREADSHEET for Round 2

Round 3

Here are the main conditions for the Round 3 of YOUengine bounty.

  • Round 3 bounty pool: 7,500,000 YOUC tokens
  • Duration: 7 weeks
  • Date of start: July 14, 2020
  • Date of end: August 31, 2020
  • Categories and allocation percentage:
    • Facebook: 15%
    • Twitter: 15%
    • Reddit: 10
    • LinkedIn: 10%
    • Turbo: 10%
    • Signature: 40%

ROUND 3: BITCOINTALK THREAD
FINAL SPREADSHEET for Round 3

Round 4

Here are the main conditions for the Round 4 of YOUengine bounty.

  • Round 4 bounty pool: 7,500,000 YOUC tokens
  • Duration: 7 weeks
  • Date of start: September 01, 2020
  • Date of end: October 19, 2020
  • Categories and allocation percentage:
    • Facebook: 15%
    • Twitter: 15%
    • Reddit: 10
    • LinkedIn: 10%
    • Turbo: 10%
    • Signature: 40%

ROUND 4: BITCOINTALK THREAD
SPREADSHEET for Round 4

YOUengine Airdrop

To earn additional YOUcash (YOUC) tokens, join its airdrop!

Useful links

For any questions about trading your bounty stakes, contact Tokpie at https://t.me/tokpie

Tokpie partners with YOUengine

Partnering with Tokpie will boost YOUengine’s token sale and overal progress.

The YOU Engine is going to disrupt a digital advertising market. Soon, the team will release a new decentralized, tokenized ‘YOU’ platform. It will allow users to earn money for watching ads. Tokpie, in turn, is aiming to help YOUengine to reach this goal faster.

Partnership

Thanks to partnering with Tokpie, YouEngine will raise brand awareness and uplift YOUC token sale results. In addition, over 12k Tokpie’s users will be the first who join YOUapp that is the heart of the YOU platform.

“We are happy to contact Tokpie. Because of our main focus on YOUenginee development, we were looking for a Partner who could craft and implement a sophisticated marketing strategy for us,” says YOUengine’s founder Michael Muenzing. “Thanks to Tokpie, we will attract many new fans and supporters very quickly”.

Tokpie is the first cryptocurrency exchange platform with
Bounty Stakes Trading service where people could earn, trade and invest as never before.

Tokpie CEO, Oleg Kovalev says: ‘’We, in Tokpie, are delighted to partner with YOUengine. The project has already raised funds from private investors. Moreover, its beta YOUapp is almost here. I am sure that all Tokpie users will be interested in buying YOUC tokens and joining YOUengine community”.

YOUengine perspectives

YOUengine is aiming to reach over 200 million advertisers and businesses. At the same time, millions of YOUapp users from all over the world will be able to get payments by watching advertisements. The only way to realize such an ambitious goal is by using blockchain for microtransactions. This is why the project has issued YOUC tokens. The ERC20 smart contract strictly limits the number of tokens to 11B. So, being accompanied by a growing number of users, YOUC token price can arise consequently.

Currently, the giants like Facebook and Google use a dishonest model of digital advertisement. They collect users’ personal data for free to resell it to advertisers. It cannot work forever. This is why YOUengine has great chances to get a big piece of the advertisement market pie in the near future.

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

Tokpie Entered MakerDAO Ecosystem

Great news! The negotiations with the Maker DAO to include Tokpie into the DAI ecosystem have succeeded! Thanks to the listing of Dai stablecoin (DAI), Tokpie exchange has become an authorized Custodial Exchange for DAI token. Moreover, Tokpie will start providing DAI lending and borrowing services in March 2020. It will move Tokpie & Maker DAO integration into the next level.

Maker partners Tokpie
Tokpie and Maker DAO collaboration

Tokpie – custodial exchange for DAI

We, in Tokpie, are proud to become one of the fifteen exchanges which provide custodial exchange services for Maker DAO and its Dai stablecoin (DAI). Being in the list with such notable exchanges like Kraken and Coinbase is definitely good. Furthermore, due to the Coingecko stats, Tokpie is one of the two exchanges that support the DAI/USDC trading pair.

Tokpie custodial exchange for DAI
Tokpie in the list of custodial exchanges for Dai stablecoin

Lend and borrow DAI

As was promised, the next step of integration to the Maker DAO’s ecosystem will allow Tokpie users to:

Tokpie exchange is going to launch the DAI lending and borrowing feature in July 2020. Besides, TKP token-holders will be able to use TKP as collateral to borrow Dai stablecoins (DAI). It’s a very nice idea. You could lock TKP worth of 100 USD to borrow 80 USD, for instance.

Useful links

What is Tokpie exchange
What is Maker DAO’s
DAI/USDC Order book
Maker DAO website

The Ultimate Guide to TKP Token Staking (Lending) and Borrowing

Lend and borrow TKP token at fair-market rates, enjoy early repayments without penalties. No KYC and credit checks. Lend and take returns at any time, no minimum deposit, no lockups. Welcome to the new era of cryptocurrency lending based on promissory notes trading!

P2P lending on Tokpie. The new way of token staking.

P2P cryptocurrency lending on Tokpie exchange built on promissory notes trading. Applying to TKP token lending, a borrower issues a TKP promissory note pledged by collateral and sells it on the free market to get a crypto loan. On the other side, a lender buys the promissory notes at a discounted price to get a full principal amount of TKP later and make a profit. In addition, peers can use many other profitable strategies and tactics. Welcome to the new era of token staking!

TKP lending vs token staking

Being based on Promissory notes trading, TKP lending is like token staking but better. Although token staking rewards might be more predictable, TKP lenders can set any interest rates, receive profits and take funds back at any moment. All other benefits are described in the next section.

Advantages

Peer-to-peer TKP token lending built on promissory notes trading, provides lenders and borrowers with the following unique advantages:

Fair-market interest rates

TKP lenders and borrowers negotiate interest rates through bargaining on promissory notes prices. As a result, peers are always defining fair-market interest rates.

Cancelation at any time without penalties

A lender can cancel a deal at any moment by selling promissory notes that he has previously bought. Besides, a borrower can cancel (settle) his loan at any moment without penalty by buying back a promissory note initially issued and traded.

No minimal deposits and lockups

TKP token staking through lending and borrowing is possible starting from just 1 TKP token. Moreover, there is no need to lockup funds. If a lender urgently needs the money he can just sell promissory notes.

No KYC and credit checks

Tokpie exchange’s users don’t have to pass through the KYC procedure for making crypto withdrawals below $2,500.00/day threshold. Also, borrowers don’t have to prove their incomes and credibility.

10+ profitable strategies

There are 10+ profitable strategies for p2p crypto lending based on promissory notes trading.

What is TKP?

The TOKPIE (TKP) is an ERC20 token of Tokpie exchange. Token total issuance is 100,000,000 TKP. The utility value and benefits of having TKP tokens are the following: 

  • 500% trade fees discount
  • Almost 200% discount on withdrawal commissions
  • Receiving airdrops in altcoins of all listed projects every week
  • Up to 70% referral bonus
  • Accepted as means of payment on Tokpie IEO Launchpad
  • Used as collateral for bounty stakes depositing
  • Accepted for P2P lending and borrowing ?
  • Ability to increase LTV (loan-to-value) ratio up to 90% for P2P borrowing. ?

What is a Promissory Note?

Applying to TKP token, a one TKP Promissory Note is a digital title that confirms the issuer’s promise to pay 1 (one) TKP to Tokpie at the specified maturity date. Tokpie, in turn, will guaranty to pay 1 (one) TKP to any holder of one Promissory Note at the specified maturity date.

A user can issue and sell (to get a loan), buy (to lend), settle before the maturity date or hold until repayment TKP promissory notes. Because of internal circulation, users can not withdraw Promissory Notes from the Tokpie exchange.

How to lend TKP tokens?

To lend TKP tokens and earn competitive returns you need to become a holder of TKP promissory notes. In other words, TKP token lending is the same as purchasing TKP promissory notes as described below:

  1. Sign up or log in Tokpie exchange.
  2. Make sure that you have TKP tokens on your Tokpie account balance. If you don’t have TKP tokens you can deposit them from outside or buy on Tokpie TKP/ETH and TKP/USDC markets.   
  3. Open any of four TKP Promissory notes markets which have different maturity dates:
    TKP_PN_15_Dec_2020 (Maturity date: 15-DEC-2020)
    TKP_PN_15_Mar_2021 (Maturity date: 15-MAR-2021)
    TKP_PN_15_Jun_2021 (Maturity date: 15-JUN-2021)
    TKP_PN_15_Sep_2021 (Maturity date: 15-SEP-2021)

    Maturity refers to the date when a Promissory note principal amount is repaid. For example, a TKP_PN_15_Mar_2020 note will mature on March 15, 2020; the holder will receive the principal amount on that date
  4. After that, click on [BUY], enter quantity, price, and press [SUBMIT ORDER] button.
Lending TKP token by buying TKP Promissory note on Tokpie exchange
Lend TKP by buying promissory notes

Example

To make a profit a lender needs to purchase TKP Promissory Notes from other users at a discounted price. As shown in the figure above, a lender is going to purchase 100 Promissory notes at a price of 0.95 TKP per note. The cost of the deal will be 95 TKP (100 x 0.95).

Therefore, the lender will get 100 TKP (1 TKP principle amount x 100 notes) on March 15, 2020, maturity date. The profit will be 5 TKP (100-95); that equals 20.44% APR (Annual interest rate) if the lender holds the promissory notes until March 15, 2020.

In addition, if promissory notes’ prices go up, a lender could sell them in seconds at any time before the maturity date and also make a profit!

TIP: Lenders can set any BID price and bargain in the Order Book trying to purchase at a lower price. It will increase the so-called token staking reward. In other words, the lower purchase price the higher profit a lender will get! 

Profit explanation: A lender’s income is calculated as (1- price) x quantity of Promissory notes bought. So, the lower a purchase (matched) price the higher income will be earned.
Lend APR explanation: Annual Interest Rate is calculated as
(1-price) / price / number of days until the promissory note maturity date x 365 x 100%.
Therefore, to maximize returns, the lender should try to purchase a Promissory note with the earliest maturity date and at the lowest price.

How to borrow TKP tokens?

To get a loan in TKP tokens you need to issue and sell TKP promissory notes as described below.

How to Issue TKP promissory notes?

To issue TKP promissory notes perform the following steps:

Borrow TKP by issuing TKP Promissory notes on Tokpie exchange
Issue promissory notes
  1. Sign up or log in Tokpie exchange.
  2. Make sure that you have funds (ETH, USDC or TKP tokens) for collateral on your Tokpie account balance. If you don’t have any of collateral cryptocurrencies, deposit them from outside.
  3. Open Borrow section
  4. Select a Promissory Note title.
    For example, a title TKP_PN_15_Mar_2020 means a TKP token Promissory Note with March 15, 2020 maturity date.
  5. Enter how many Promissory Notes you want to issue.
    The issue of 1 promissory note is like a creation of a new digital asset that gives its holder a right to get 1 TKP token in the future (future is maturity date e.g. on March 15, 2020).
    NOTE: You don’t make any loan when issuing promissory notes. Because only you’re the holder of promissory notes which have been just issued.
  6. After that, select collateral cryptocurrency.
    You can choose ETH, USDC, or TKP tokens. In the next grey colored fields, you could see the required collateral amount and how much of them available on your balance.
  7. To complete the Promissory notes issue, check a box and press ‘Collateralize & Deposit’ green button.
  8. If you have enough collateral amount, TKP Promissory Notes appear on your Tokpie account and you can sell them to get a loan. You can trade promissory notes all at once or partially as any other crypto asset for competitive prices.
To lend TKP, click on hammer icon to open Promissory note order book and sell them
Click on hummer icon to trade promissory notes which have been just issued

TIP: After a successful Promissory notes issuance you also see them in your Collateralized Assets table, click on the hummer icon (as shown in the picture above) to open the related order book and sell.

What is a collateral cryptocurrency?

A collateral cryptocurrency is an asset that can be used as “collateral” for promissory note issuance. Currently, Ethereum (ETH), USDC, and TKP can be used as collateral currency when issuing TKP promissory notes.

What is the collateral amount?

A user sees the required amount of collateral cryptocurrency before promissory notes issuance. The platform calculates it automatically due to the formula: (Quantity x Price / LTV) x 100, where
Price is a USD equivalent of the current highest BID of the promissory note that is going to be issued.
Quantity is the number of promissory notes which are going to be issued
LTV is a Loan-to-Value ratio. LTV ratio varies from 70% to 90% depending on a user’s subscription plan.

How to increase LTV (Loan-to-Value) ratio?

All Tokpie users get Trial status with a 70% LTV ratio when register. To increase LTV ratio up to 90% a user shall upgrade his subscription plan from Trial to the Light, Standard, Premium or Enterprise plan. It will require a specified amount of TKP tokens to be locked on a user’s Tokpie account balance. Check all plans and their advantages here.

How to settle promissory notes before the maturity date?

Open the Borrow section, and click on the settle button in the related line as shown in the picture below. The result, the system unlocks collateral in a few seconds.
Moreover, you do not pay any penalty or fees for the settlement made before the maturity date.
Important: To settle, you must have the same amount of the same Promissory Note title available on your account balance.

A TKP loan can be settled at any time by clicking on 'settle' button on Tokpie exchange
Settle to Unlock collateral before the maturity date.

How to sell TKP promissory notes?

After a successful Promissory notes issuance, you can sell them to get a loan as explained below.

  1. Open a related order book.
    Every Promissory note has one related Order Book (market) where peers can trade it until maturity date:
    TKP_PN_15_Dec_2020 (Maturity date: 15-DEC-2020)
    TKP_PN_15_Mar_2021 (Maturity date: 15-MAR-2021)
    TKP_PN_15_Jun_2021 (Maturity date: 15-JUN-2021)
    TKP_PN_15_Sep_2021 (Maturity date: 15-SEP-2021)
  2. Sell TKP Promissory Notes: click on [SELL], enter quantity, price, and press the [SUBMIT ORDER] button.
Borrowing TKP token by selling TKP Promissory note in Order Book on Tokpie exchange
Get a loan by selling promissory notes

Example

As shown in the figure above, a borrower is going to sell 100 Promissory notes to lenders at a price of 0.94 TKP per one note.

After clicking on the Submit Order button, a borrower gets 94 TKP (0.94 TKP price x 100 notes) IMMEDIATELY. The potential Borrow APR (Annual interest rate) of that deal could be 24.78% if a borrower waits for a maturity date and repay principal amount 100 TKP on March 15, 2020.

However, a borrower has a great option to settle the Promissory Notes before maturity date at any time and unlock collateral! No, any penalties or fees will be charged for such settlement (early repayment).
An early repayment makes sense when a borrower urgently needs to withdraw collateral or when promissory note price goes down.
If the price goes down a borrower can purchase the same amount of the same promissory note title and click settle as shown here. The profit will be the difference between the sale and the purchase prices.

TIP: A borrower can set any ASK price and bargain in the Order Book trying to sell at a higher price. In other words, the higher the selling price the lower the borrow APR (cost of a loan)! 

How to repay Promissory notes and unlock collateral?

There are two options. The first one is to settle before the maturity date. The second option is to wait for the maturity date. During the Promissory note maturity day, the system will deduct the note’s principal amount from the issuer balance automatically. For example, if a user issued 100 [TKP_PN_15_Mar_2020] then 100 TKP will be deducted from his balance between March 15, 2020, 00:01 UTC and March 15, 2020, 23:59 UTC.

What happens if the Promissory notes are not paid?

If on the maturity date, a borrower doesn’t have enough quantity of TKP tokens to pay the promissory notes which he had issued, the system will liquidate collateral. 

How to get ETH by borrowing TKP

To get Ethereum (ETH) by borrowing TKP do the following:

  • Borrow TKP using ETH, TKP, or USDC as collateral
  • Exchange TKP for Ethereum on TKP/ETH market

How to get USDC by borrowing TKP

To get USD stable coin (USDC) by borrowing TKP do the following:

  • Borrow TKP using ETH, TKP, or USDC as collateral
  • Exchange TKP for USDC on TKP/USDC market

What is the Annual Percentage Rate (APR)?

APR (Annual Percentage Rate) is the annual rate showing the ‘cost’ of borrowing or ‘profit’ earned through lending. The APR formula is
(1-price) / price / number of days until the promissory note maturity date x 365 x 100%.
Borrow APR is expressed as a percentage that represents the potential yearly cost of crypto funds if a borrower repays a promissory note on its maturity date. It’s called potential cost because a borrower can settle a promissory note at any time before maturity.
Lend APR, equals to borrow APR, but represents the potential yearly income of crypto funds if a lender buys and holds a promissory note until its maturity date. It’s called potential income because a lender can sell a promissory note at any time before maturity.
Example: When a borrower receives 0.9 TKP on Dec 15, 2019, by selling a promissory note, that will mature on Mar 15, 2020, he will have to repay 1 TKP in 90 days. The cost of that loan is 0.1 TKP (1-0.9) for 90 days.
APR = 0.1 / 0.9 / 90 x 365 x 100% = 45.06%

Fees

Small trading fees are applied depending on a user’s subscription plan.

Profitable strategies for TKP lending and borrowing

Promissory notes trading strategy

Take a profit by buying TKP Promissory notes at a low price to sell them at a higher price and vice versa.

TIP: The growing price of promissory notes and plenty of BIDs in the order book is a good sign that the token’s spot price will grow soon on ordinary exchanges.

DeFi strategies to escalate incomes

Additional ways to increase income is to utilize two decentralized-finance arbitrage strategies.

Cross-cryptocurrencies arbitrage

Follow the simple strategy borrow at Low Rate and Lend at a High Rate. Institutional traders utilize that approach for decades in classic fiat markets when for example they borrow EUR at a low rate and lend USD at a higher rate because of ECB and FED different interest rates. Therefore, you can catch an option to lend USDC, ETH, or any other crypto at a higher APR than a borrowing rate for TKP token on a moment. In that case, TKP will be a funding currency. On the other hand, sometime TKP token lending rates can higher than borrow APR of other cryptocurrencies on any other platforms. In that case, it makes sense to get a loan in another crypto and invest in TKP token lending.

Cross-markets arbitrage

Another option is to make arbitrage by selling (borrowing) Promissory notes in one market with low APR and simultaneously buying (lending) a Promissory note of the same currency with another maturity day on another market at a higher lend APR.   

Passive income strategies

Above all, users can use simple passive income strategies without funds locking and minimal deposits. Lending TKP is like token staking but better because getting token staking yields always requires locking of funds.

  • Purchase TKP promissory notes when TKP token lending rates are high.
  • TKP token lending is especially profitable when TKP price is going to grow
  • When TKP token is oversold, buy long-duration TKP promissory notes
  • Regularly lend if you have TKP surplus

Hedging strategies

Due to constant market fluctuations borrowing strategies could allow you to earn profit and hedge the risks of the TKP token price dump:

  • Get a TKP loan when borrow APR is low
  • Borrow TKP if urgently need TKP, USDC or ETH
  • Sell TKP promissory notes (borrow) if TKP price is going down
  • When TKP overbought (price is too high) it’s better to borrow it then purchase directly from the market.
  • In case you face a TKP shortage, but can not find enough liquidity, try to borrow TKP instead of pumping the price.

Summary

TKP is becoming one of the best staking coins thanks to the unique P2P lending solution based on Promissory Notes trading. Borrowers can get instant loans from peers with fair-market rates, trade them or repay at any time without penalties. They also don’t have to pass through KYC and credit checks. Moreover, the ability to take funds with returns at any time and the absence of minimum deposit makes TKP lending better than any other token staking.

Useful Links

PGPay IEO on Tokpie

30 PGRAY bonus!

Get Gold-Backed Tokens [completed]

UPDATE

PGPay (PGPAY) token sale has finished!
Token trading on Tokpie exchange will be announced on February 14, 2020.

Get 30 PGPAY tokens for free
PGPAY bonus

How to obtain 30 PGRAY for free? ?

To get 30 PGPAY for free you need to purchase at least 30 PGPAY tokens until January 31, 2020, 23:59 UTC. Moreover, a special bonus available for Tokpie users who are subscribed to the Light, Standard, Premium or Enterprise plan.

Subscription PlanBonus if buy 30 PGPAYBonus if don’t buy
Light+31.5 PGPAY+3.15 PGPAY
Standard+33 PGPAY+3.3 PGPAY
Premium+34.5 PGPAY+3.45 PGPAY
Enterprise+37.5 PGPAY+3.75 PGPAY

SESSION ⌛

IEO starts on Dec 02, 2019, 11:00 UTC, ends Jan 31, 2020, 23:59 UTC

PRICE

  • PGPAY/USDC: 0.45 USDC
  • PGPAY/ETH: 0.003 ETH
  • PGPAY/TKP: 90 TKP

ASSET DESCRIPTION ?

Project name: PGPay (Puregold)
Token symbol: PGPAY 
Blockchain: Ethereum
Total supply: up to 50,000,000 PGPAY
PGPAY Token Sale Price (IEO): 0.45 USD
Total Tokens Allocated to Tokpie IEO: 3,000,000 PGPAY
Price in ICO: 0.94 USD

PGPay is going to provide a gold-backed token and payment gateway.
Having a 10-years experience in the gold business, the Puregold team will be using real gold for payment via its mobile app.

IMPORTANT

The purchase price is guaranteed against future market fluctuations prior to unlocking (February 14, 2020). The bonus is included in the IEO price. Cancellation or modification of IEO tokens purchased charged with a 5% penalty. Tokpie is going to list PGPAY in the ETH market on February 14, 2020. Team of Tokpie does not provide any support related to IEO projects; Tokpie has the right of final interpretation.

LIMITATIONS

Users from the following countries will not be able to participate in token sales on the IEO: Iran, North Korea, United States

RISK WARNING

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously.

FREE TOKENS AND REFUNDS

All users participating in Initial Exchange Offerings (IEOs) on Tokpie have great options to get IEO tokens for FREE and get a refund for initially purchased IEO tokens. Know how it works.

For any questions, you can contact us at https://t.me/tokpie

TLS Group (TLS) IEO on Tokpie exchange

UPDATE

TLS Group (TLS) token sale on Tokpie has finished!
The start of the EFT token trading on Tokpie exchange will be announced soon.

Get a share in green mining [completed] ?

The TLS Group (TLS) token sale on Tokpie has been completed!

BONUS: 106% ?

Get +50 TLS for every 50 TLS tokens purchased until Dec 26, 2019, at 23:00 UTC. Moreover, a special bonus available for Tokpie users who are subscribed to Light, Standard, Premium or Enterprise plan.

Subscription PlanBonus if buy 50 TLSBonus if don’t buy
Light+52.5 TLS+5.25 TLS
Standard+55 TLS+5.5 TLS
Premium+57.5 TLS+5.75 TLS
Enterprise+62.5 TLS+6.25 TLS

SESSION ⌛

IEO starts on Dec 05, 2019, 11:00 UTC, ends Dec 26, 2019, 23:00 UTC

PRICE

  • TLS/USDC: 1.3 USDC
  • TLS/ETH: 0.007138 ETH
  • TLS/TKP: 250 TKP

ASSET DESCRIPTION ?

Project name: TLS Group
Token symbol: TLS 
Blockchain: Ethereum
Total supply: up to 2,000,000,000 TLS
TLS Token Sale Price (IEO): 1.3 USD
Total Tokens Allocated to Tokpie IEO: 1,000,000 TLS
Price in ICO: 1.3 USD

The TLS Group is aiming to combine data center with immersion cooling and mining equipment with 2-10 Megawatts capacity. Having a unique technology for processing solar energy, the TLS Group will be mining different cryptocurrencies and distributing 40% revenue share to TLS token holders.

IMPORTANT

The purchase price is guaranteed against future market fluctuations prior to unlocking (December 27, 2019). The bonus is included in the IEO price. Cancellation or modification of IEO tokens purchased charged with a 5% penalty. Tokpie is going to list TLS in the ETH market on December 27, 2019. Tokpie does not provide any support related to IEO projects; Tokpie has the right of final interpretation.

LIMITATIONS

Users from the following countries will not be able to participate in token sales on the IEO: Iran, North Korea, United States

RISK WARNING

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously.

FREE TOKENS AND REFUNDS

All users participating in Initial Exchange Offerings (IEOs) on Tokpie have great options to get IEO tokens for FREE and get a refund for initially purchased IEO tokens. Know how it works.

For any questions, you can contact us at https://t.me/tokpie

Get Airdrop Cryptocurrencies From Top ICOs Regularly

The simplest way to earn passive income in crypto world forever

Track all active, coming, and finished giveaways

To reward Tokpie users subscribed to the Light, Standard, Premium or Enterprise plans, Tokpie cryptocurrency exchange starts the endless airdrop campaign. Get promising altcoins every week!

Use the information below to track earnings received, participate in ongoing, and check all future airdrops. Also, know how to automatically participate in that endless airdrop campaign.

Total amounts paid

The table below shows the USD equivalent of all payments made to Tokpie users depending on their subscription plans.
Note: the amount of earnings depends on your subscription plan and airdrop joining conditions.

PlanPaid all the time Average monthly payment
Light$148.4$14.7
Standard$155$15.4
Premium$162.4$16.1
Enterprise$176.7$17.5

Active airdrops

To get DAI you must have Light, Standard, Premium, or Enterprise status on Sep 25, 2020. The Light-status users will get 4.2, Standard – 4.4, Premium – 4.6, and Enterprise – 5 DAI.

DatesAssetAmountUSD equivalent
Sep 25, 2020DAI4.2-5.0$5.04 – $6.0
May 03-Sep 15, 2020YOUC55-150$5.5 – $15

Upcoming airdrops

Tokpie will make giveaways nominated in the following cryptocurrencies during August 2020.

DateAssetAmountUSD equivalent
Sep 25, 2020DAI4.2-5.0$5.04 – $6.0

Finished airdrops

DateAssetAmountUSD equivalent
Aug 25, 2020USDT4.2-5.0$5.04 – $6.0
July 30, 2020BPT105 – 125$4.2 – $5.0
July 15, 2020USDC4.2-5.0$4.2 – $5.0
June 29, 2020USDT4.2-5.0$4.2 – $5.0
June 19, 2020DAI2.1-2.5$2.1 – $2.5
May 28, 2020CRAD10.5-12.5$0.09 – $0.1
May 02, 2020TLS10.5-12.5$2.4 – $2.9
April 23, 2020TestGrams10.5-12.5$0.47 – $0.56
Mar 23, 2020USDT1.05-1.25$1.05 – $1.25
Mar 14, 2020PGPAY10.5-12.5$0.21 – $0.25
Mar 07, 2020DAI1.05-1.25$1.05 – $1.25
Mar 01, 2020DOCT10500-12500$0.1 – $0.13
Feb 24, 2020ZDR10.5 – 12.5 $0.11 – $0.13
Feb 10, 2020TGN105-125 $0.6 – $0.75
Jan 31, 2020PGPAY3.15 – 37.5$1.42 – $16.88
Jan 23, 2020CLT10.5 – 12.5$1.58 – $1.88
Jan 06, 2020CRAD5 – 125$0.13 – $0.15
Dec 15, 2019TLS5.25 – 62.5$6.83 – $81.25
Dec 10, 2019FRED10500 – 12500$0.63 – $0.74
Nov 24, 2019XRM20-240$1 – $12
Dec 02, 2019EFT105-12502.9-34.4

How to join Top ICOs airdrops ❇️

To start getting valuable cryptocurrencies for FREE and FOREVER you need to be subscribed to the Light, Standard, Premium, or Enterprise plan. If you still have not subscribed then do the following:

  1. Open Tokpie subscription plans page
  2. Click on the [Apply] button related to one of the Plans that you want to subscribe
  3. Make sure that you have enough TKP token on your Tokpie account balance.
Choose you plan
Upgrade Tokpie’s subscription plan

Useful Links