TOKPIE adds TKP/USDC

Thanks to USDC listing,  the TKP/USDC trading pair is now open for trading on Tokpie cryptocurrency exchange platform.

Useful Links:

TKP/USDC Order Book
All trading pairs available on Tokpie
Learn more about USDC
Learn more about TKP 

Stay always in touch with TOKPIE to Earn, Trade and Invest as never before.

TOKPIE Lists USD Coin (USDC)

Tokpie has negotiated with centre.io to list its USD Coin (USDC).

Thanks to that listing, the following trading pairs with USDC as a quote currency will be available on Tokpie:

TKP/USDC (will be available on April 19, 2019, 13:00 UTC);
OMG/USDC (will be available on April 27, 2019, 15:00 UTC);
ETH/USDC (will be available later).

More pairs will be introduced in the future.

USDC is a stablecoin designed to be pegged one-to-one with USD (1 USDC = $1 USD). Please be cautious because the price can deviate from this ratio.
Learn more about USD Coin (USDC).

Stay always in touch with TOKPIE to Earn, Trade and Invest as never before.

USD Coin (USDC)

USD Coin (USDC) is a fully collateralized US Dollar stablecoin based on the open source fiat stable coin framework developed by Centre, a consortium founded by Circle and Coinbase. It;s designed to be pegged one-to-one with USD (1 USDC = 1 USD).

USDC tokens are ERC-20 compatible and can be used with any ERC-20 compatible digital wallet or service. Customers from around the world can tokenize US Dollars into USDC and redeem USDC back into US Dollars with Circle.

True financial interoperability requires a price stable means of value exchange. CENTRE’s technology for fiat-backed stablecoins brings stability to crypto. The initial implementation is USD Coin (USDC), an ERC-20 token creating possibilities in payments, lending, investing, trading and trade finance — and the ecosystem will grow as other fiat currency tokens are added.

Moreover, USDC has top five accounting services firm Grant Thornton LLP issue attestations each month on the US dollar reserves that back the USDC tokens in circulation

Useful Links:

Official Website: https://www.centre.io/usdc
Block Explorer: Etherscan

Stay always in touch with TOKPIE to Earn, Trade and Invest as never before.

Bounty Stakes Trading 2.0 introduction

We’re happy to introduce a preliminary concept of Bounty Stakes Trading 2.0 that Tokpie exchange is going to launch soon.

Bounty Stakes Trading 2.0

What is that?

Bounty Stakes Trading 2.0 is an alternative way to deposit and trade bounty stakes that Tokpie exchange is going to launch soon.

What problem it solves

Original Bounty Stakes Trading concept is working well now and will also continue to be provided by Tokpie. However, that concept has some drawbacks:

  1. High eligibility requirements are preventing many projects’ bounty stakes from being listed on Tokpie.
    • The result hunters cannot earn more money by offering its full capacity in participating in many projects.
    • Consequently, investors cannot diversify their portfolios in full by purchasing bounty stakes of many different projects.
  2. The limit on the selling of only 50% earned bounty stakes decreases hunters’ profits by two times.
  3. The process of stakes depositing is quite complex and time consuming for both sides: hunters and Tokpie’s team.

Solution

To solve the above drawbacks Tokpie is going to do the following.

  1. Collateral system will be used to deposit bounty stakes. The result:
    • Hunters could deposit bounty stakes instantly. Moreover, hunters could deposit as many stakes as they want in advance without any limits like 50% of earned stakes.
    • Hunters will be highly motivated to fulfill their obligations and deliver stakes-related altcoins, so no complex checking procedures will be required.
  2. Tokpie will be listing bounty stakes of about 40% projects selected from the whole market, which satisfy at least minimal requirements. The result, Tokpie users (bounty stakes buyers and sellers) will be able to trade much more stakes and continue defining what projects are better or worse after our initial selection.

How it works

  1. First, Tokpie lists bounty stakes of all projects which meet minimal reliability standards but could not be listed under original bounty stakes trading solution.
    • All these stakes will be tradable on TKP So, order books will be of [stake/TKP] type.
    • IMPORTANT: Users could exchange TKP for ETH and USDC at any moment on Tokpie.
  2. Anyone (Investor) places an order to buy. The result of a BID price appears in an order book.
    * IMPORTANT: Hunter cannot deposit a stake if its order book does not contain at least one purchase order (BID). Simply saying: if there is no demand then the supply will be restricted.
  3. Anyone (Hunter) deposits bounty stakes on Tokpie by using TKP tokens on its balance as collateral.
    • The best BID price from related order book will be used for calculating the required amount of TKP in collateral. For example, if the best BID price is 10 TKP per 1 stake on the moment of depositing than a hunter must use 150 TKP as collateral (15x).
    • The level of collateral will be between 15x-10x depending on the user’s status. For example, a trial user will be required to provide 15x TKP collateral while Enterprise users could benefit from 10x.
    • Hunter could get his collateral back in full (or partly) at any moment by giving back the same number of stakes (or part), which were initially deposited. It will help if a hunter could not sell his stakes for the desired price and in other cases.
    • If a collateral level is going to be exceeded as a result of trade order execution then hunter could not place such a trade order.
    • No any KYC (documents uploading) for withdrawals below $2500/day and $20000/month.
    • IMPORTANT: Hunters could even deposit bounty stakes which have not been earned yet!
  4. Anyone (hunters and investors) can trade deposited bounty stakes until the start of related bounty distribution.
  5. Hunter who had initially deposited bounty stakes must transfer related project’s altcoins (due to stake-to-token conversion rates) to Tokpie within 24 hours after bounty distribution has come to the end (or after bounty reward unlocking if such bounty condition exists). Otherwise, a hunter will lose its collateral.
    * NOTE: If a bounty campaign is successful, but a hunter cannot (for any reason) deliver related altcoins to Tokpie then that hunter lose his collateral. Fortunately, there will be some options to avoid collateral lost by buying back stakes of a related project or its altcoins to settle own obligation.
    * IMPORTANT: If bounty campaign had failed then hunter will get his collateral back less TKP already received from the related stakes sold.
  6. Tokpie is 100% responsible to deposits projects’ altcoins on accounts of holders (buyers) of the related bounty stakes within 48 hours after bounty distribution has come to the end.
    * If bounty campaign had failed then stakes holders will get nothing like all other hunters.

Advantages

  1. MORE PROFITS & DIVERSITY
    Bounty stakes of Approximately 3 new projects will be listed every week. This will lead to 120-200 bounty stakes from 40 different projects listed simultaneously on Tokpie when Bounty Stakes Trading 2.0 works in full power.

    • PROS for Hunters: Thanks to many different stakes & projects listed, hunters could earn much more money.

    • PROSS for Investors: investors could benefit from the great diversity of projects and its bounty stakes by ‘putting all their eggs in many baskets’

  2. SPEED and SIMPLICITY
    Hunter doesn’t need to make deposit requests, write texts, upload screen-shots, etc.
  3. ADVANCE CASH
    Hunter may plan how much stakes he could earn on bounty campaign to deposit all of them at once and sell! Then convert TKP to ETH and USDC in seconds!

Comparative analysis

The table below shows the differences between original Bounty Stakes Trading solution that Tokpie exchange will continue provides and Bounty Stakes Trading 2.0.

  1. Comparative analysis table

    Bounty stakes trading solutions Comparative_analysis
    Comparing two types of bounty stakes trading solutions

Additional long-term advantages

  1. Thanks to many different stakes & projects listed, Tokpie will have a reason to launch a unique Bounty Analysis tool for automatic calculation of all bounties capitalization in real-time. It will help hunters/investors to track and select the most profitable/promising projects in seconds. Also, projects with the best caps and volumes might be listed for free.
  2. Bounty Stakes Trading 2.0 will accelerate TKP turnover and create a demand for the next solution that will allow users to lend/borrow TKP with market-defined interest rates.

Join the community discussion on Bitcointalk

Assets Information

List of assets traded on TOKPIE platform.

The more detailed introduction is available by clicking on the titles below:

Note that the listed bounty stakes are not included above.
Check the full list of digital assets and cryptocurrencies available on Tokpie.

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