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RE: I Just Won FuckTokens on Twitter!
Congrats!!!
many of us on TradeQwik are getting them every day as dividends along with 20+ other coins many of us never heard of before. But if someone there takes an action with a coin, then we get little dividends of that coin. That's a simplified explanation but its always cool to be getting new coins!
That is cool. Is that an investment opportunity? Being new to cryptos is that something I should look into? What do you do with all the different coins?
TradeQwik.com is a new exchange that is experimenting with some innovative trading and dividend features. It's rather complex to understand, but I've been in there since day 1 and have made good profits. As always, never invest more than you can afford to lose, and expect issues with deposits and withdrawals on occasion. The Customer Service is personal and quite excellent though. A good thing to read first is the Whitepaper to see if you're excited about the project. https://s3.amazonaws.com/vivacoin/viva-white-paper-v-2-1.pdf
To be specific, the coins we get in dividends can be turned back into the base currency of VIVA by a fixed rate conversion process called unminting, or can be traded for VIVA or other coins on the exchange. There are thousands of coins from https://coinmarketcap.com/ that can be traded to and from VIVA but few can be gatewayed out to use elsewhere yet. That piece of the system is coming very soon.
To get dividends, you'll need to own TQS or VIP. TQS is a VIVA-only token that supports TradeQwik development and earns you a percent of its fees. VIP is VIVA Investment Pool, which are locked away VIVAs that convert to VIVA at 1/hour once you reach Retirement Mode. There is a lot to learn about the VIVAconomy but well worth it, n my opinion!