New DeFi tokens are now listed on Zipmex!

October 23, 2020

In order to cater to the growing demand for decentralised finance (DeFi) tokens, Zipmex has listed 5 new tokens. They are: Swipe (SXP), Maker (MKR), Enjin (ENJ), OmiseGo (OMG), Yearn.Finance (YFI). DeFi tokens are useable and tradeable on a wide range of DeFi applications and platforms. You can learn more about each coin below or go to our learn page to learn more about DeFi!

Swipe (SXP)

Swipe is a utility based cryptocurrency designed to be the gas and fuel of the Swipe Network. Swipe Network refers to a decentralised finance application that allows end users to buy, sell and exchange cryptocurrency.

Maker (MKR)

Maker (MKR) is a governance token that underpins the first “stablecoin” on the cryptocurrency platform Ethereum, called DAI.

Enjin (ENJ)

OmiseGo is an Ethereum-based proof-of-stake (PoS) platform that strives to decentralize payment networks and create an open, public financial system.

OmiseGo (OMG)

Enjin Coin (ENJ) is an Ethereum-based cryptocurrency used to directly back the value of next-generation blockchain assets.

Yearn.Finance (YFI)

Yearn.finance(YFI) is a decentralized ecosystem of aggregators that utilize lending services such as Aave, Compound, Dydx, and Fulcrum to optimize your token lending.

Learn more about these coins by going to our coin info page – or buy them on our exchange now!

We offer investors a variety of opportunities in the digital assets industry. Our innovative platform provides access for anyone seeking investment returns anywhere, anytime. Our ecosystem aims at making finance an everyday enriching activity.

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The Monetary Authority of Singapore ("MAS") requires us to provide this risk warning to you as a customer of Zipmex.

Before you pay Zipmex any money or DPT, you must be aware of the following.

  1. Zipmex is not currently licensed by MAS to provide DPT services. This means that you will not be able to recover all the money or DPTs you paid to Zipmex if Zipmex’s business fails.
  2. You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by Zipmex.
  3. You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
  4. You should be aware that Zipmex may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.
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