What is Tokpie?
Tokpie, established in 2018 and headquartered in Hong Kong, is a cryptocurrency exchange known for its unique feature – bounty stakes trading. This innovative platform offers a marketplace for traders and investors to purchase bounty stakes from hunters, providing access to valuable altcoins from selected projects at significant discounts. Simultaneously, bounty hunters can sell their stakes for ETH, USDC, and TKP without the risk of receiving zero bounty rewards. Additionally, crypto startups benefit by enhancing awareness and mitigating token price dumps through early stake trading.
Bounty Stakes Trading on Tokpie
Tokpie distinguishes itself through its pioneering approach to bounty stakes trading. This allows stakeholders to engage in the buying and selling of bounty stakes, creating a mutually beneficial ecosystem for traders, investors, and bounty hunters. ICO (STO) projects leverage this feature to generate hype and allow stakeholders to contribute to their projects by purchasing bounty stakes before the distribution.
Accessibility for US-Investors
Tokpie welcomes US-investors to trade on its platform. However, it's crucial for US-based users to assess any potential legal implications related to international crypto trading, as state laws may impact their ability to participate in such activities.
Tokpie Trading View
The trading view on Tokpie is a crucial aspect for users to consider. While different exchanges offer varying views, traders should choose one that aligns with their preferences. Tokpie's trading view typically includes an order book, price chart, and order history, allowing users to make informed decisions based on market data.
Tokpie Trading Fees
Tokpie employs a "flat fee" model, charging both takers and makers 0.10%. This fee is highly competitive, considering the global industry average of approximately 0.25%. Users can further reduce taker fees to as low as 0.02% based on their chosen price plan. Holding TKP tokens on the platform can significantly decrease trading fees by five times, offering users a cost-effective trading experience.
Tokpie Withdrawal Fees
For withdrawals, Tokpie charges 0.0005 BTC per BTC withdrawal (specifically Wrapped Bitcoin, or WBTC). This withdrawal fee is slightly below the global industry average, contributing to the platform's cost-effective services.
Deposit Methods
Initially, Tokpie did not support fiat currency deposits. However, a partnership with Simplex has enabled users to deposit funds using credit or debit cards since June 25, 2020, broadening accessibility for new crypto investors without previous holdings.
What are the trading fees on Tokpie?
Tokpie employs a "flat fee" model, charging both takers and makers 0.10%. This fee is highly competitive, considering the global industry average of approximately 0.25%. Users can further reduce taker fees to as low as 0.02% based on their chosen price plan. Holding TKP tokens on the platform can significantly decrease trading fees by five times, offering users a cost-effective trading experience.
Does Tokpie offer leverage trading?
Tokpie does not currently offer margin trading or leverage options.
