Zipmex, one of the major established and regulated Australian digital asset exchanges, has recently launched a new product offering in Australia called ZipUp which offers attractive crypto yield returns.
Along with your regular cryptocurrency buying and selling, with Zipmex you can now use a “ZipUp” crypto staking account that gives daily rewards on your crypto. One of the attractive features of this account is having the flexibility of being able to withdraw and deposit any amount, anytime – with no lock-in period.
Zipmex’s Crypto Staking Rewards
Following December’s successful launch of its “ZLaunch” token reward program, Zipmex is now offering users interest rates of up to 10 percent on some digital assets on its ZipUp+ program.
ZipUp+ allows users to enjoy daily crypto bonuses on Bitcoin (BTC), Zipmex Token (ZMT), Ethereum (ETH), US Dollar Coin (USDC), Tether Coin (USDT), and Litecoin (LTC). The rewards are calculated based on the user’s VIP level, and higher rates are on offer for those who lock up their Zipmex Tokens (ZMT).
The full rewards table is outlined below and available on Zipmex’s website.
Given that banks are currently offering little interest on savings accounts, the demand for interest on crypto is high, despite some crypto exchanges dropping interest rates.
What makes Zipmex+ attractive to users in search of a yield is that there is no minimum deposit amount and no lock-in period. Through Zipmex’s easy-to-use app interface, users can withdraw, trade or deposit anytime while enjoying daily crypto rewards.
Users interested in earning daily rewards on their crypto can sign up and get A$20 free in ZMT and then start staking their crypto to earn daily rewards.
About Zipmex
Zipmex is a trusted AUSTRAC-registered exchange with millions of users across Australia and Asia who enjoy 24/7 customer support, and instant trades, withdrawals and deposits.
With transaction fees as low as 0.1 percent per transaction, the platform is well suited for traders and HODLers alike.
The company is also duly registered with Blockchain Australia and backed by subsidiaries of the Mitsubishi Financial Group, a leading global financial services group and one of the largest banking institutions in Japan.
If you’ve ever considered the benefits of taking control of your superannuation but the difficulty and cost in setting up an SMSF has put you off, now might be a good time to reconsider.
Why now?
All Zipmex customers can now take advantage of our partnership with Melbourne-based New Venture Wealth. In the time it takes you to say “Self-Managed Superannuation Fund”, they’ll get you sorted.
Set-up costs are a flat fee. Annual administration is taken care of.
Why Consider an SMSF?
Here’s the simple answer: tax benefits.
An SMSF offers huge tax advantages that can help you build and preserve your wealth. Income is taxed at a rate of only 15% and long-term gains are taxed at an effective rate of only 10%. On top of this, income generated from assets in a retirement pension is taxed at 0%. Some other reasons are:
SMSF holders are in charge of their own investment decisions and can invest directly in crypto and other assets.
An SMSF offers the flexibility to choose your own asset categories and portfolio allocations. This stands in contrast to retail or industry super funds, where your investment decisions are made for you.
You can make your SMSF as flexible as you like, allowing for allocation to many alternative asset classes you like or have expertise in: Cryptocurrency. Gold. Precious stones. Art. Whatever floats your boat, or in this case, your portfolio.
So if you’ve got a long-term view on digital assets like Bitcoin and Ethereum, an SMSF could be the perfect investment vehicle for you.
Who are New Venture Wealth and Why Have Zipmex Partnered with Them?
New Venture Wealth specialises in SMSF set-up and audits.
Founders Paul Altis and John Sette offer personalised and affordable service. They’ll assign you your very own SMSF consultant to educate and guide you through the set-up process. No mess, no stress. So you can focus on which crypto you want to add to your SMSF portfolio.
The online application takes five minutes, after which your consultant will help you every step of the way to get your fund application completed and compliant with all ATO regulations and requirements.
Your SMSF specialist will also be there, along with a chartered accountant, to do the yearly audit of your SMSF in compliance with the ATO.
Once your fund is established, you can start your crypto journey by investing in Bitcoin, Ethereum, or any class asset of your choice.
New Venture Wealth is offering all Zipmex customers AU$50 in Bitcoin on sign-up.
Use the code ‘ZIPMEX’ during checkout.
If you set up your SMSF Trading Account with Zipmex and deposit more than AU$10,000 or equivalent, we will also provide a $100 bonus in ZMT! Each increment of AU$10,000 will net you an extra $100 bonus in ZMT up to $500!
Australian crypto exchange Binance Australia is giving away a brand new Tesla Model 3 Performance valued at A$84,900 to one lucky user from March 23 – April 20.
You can enter the giveaway via the Binance website. Please note that you must be an Australian resident to be eligible for the giveaway.
How to Enter:
To be eligible for the giveaway, new Binance users can:
Sign up and complete KYC
Trade at least A$50 on any crypto pairs
Click “Enter Now” on the entry page
To be eligible for the giveaway, existing Binance users can:
The Tesla model 3 performance has the quickest acceleration from 0-100 km/h in as little as 3.3 seconds.
It has a dual motor providing unparalleled traction and control, in all weather conditions.
It’s fully electric so you never need to visit a petrol station again, and can charge it from home – with a range of up to 602km.
It has an autopilot designed to assist you with the most burdensome parts of driving.
Designed with your smartphone in mind, you can use it as a key and access all driver controls from a central 15-inch touchscreen.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
Binance and Binance Australia reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Litherium Australia Mining joined hands with a well-known mining exploration company on March 3, 2022 after acquiring a strategic nickel mine in January. The company’s two nickel-cobalt mines are being integrated with Litherium Australia Mining. At this stage, the mining rights have obtained about 11 million tons of nickel and cobalt reserves, of which the nickel reserves are about 90,000 tons with a grade of 0.85% and a value of about A$2.06 billion, while the cobalt reserves are about 6,000 tons with a grade of 0.058% and a value of about A$440 million.
The group will start preparations for listing in April this year and plans to list on the Australian Stock Exchange (ASX) to carry out the next stage of exploration, mining and sales of the company’s mineral rights. At that time, the group will officially enter the “nickel-cobalt new energy era” and intends to co-operate with world-renowned listed new energy companies such as Tesla, Toyota, BYD and LG, as well as the world’s leading electric vehicle giants and lithium-nickel battery manufacturers.
With the implementation of the global decarbonisation concept, low-carbon and environmentally friendly new energy vehicles have gradually become popular, and the market demand for new energy batteries used in automobiles has grown rapidly. According to the Deloitte research report, the global new energy battery market demand is expected to reach 122.3 billion watt hours in 2025. The price of new energy battery raw materials continues to rise, the lithium-nickel battery sector is growing strongly, the development of new energy is unstoppable, and nickel as the main raw material is ushering in a new era.
Nickel is an important raw material in the production of energy storage batteries and is also used in medical devices and other fields. Currently, the two most widely used lithium-ion batteries are composed of 80% nickel and a small amount of cobalt. In general, the higher the nickel content, the greater the energy density of the battery cell, and thus the greater the cruising range of electric vehicles. Nickel resources are relatively scarce when compared to lithium, making it a popular location for new energy companies to expand their operations.
According to Reuters, Tesla, a world-renowned sustainable energy company, has called on global nickel miners to increase their mining volumes.
‘Please Mine More Nickel’, Musk Urges as Tesla Boosts Production
As Tesla CEO Elon Musk has said, “Mining companies, please mine more nickel. If you mine nickel efficiently and in an environmentally friendly way, Tesla will give you a long-term huge contract.”
In addition to Tesla, LG Energy, a leading Korean battery company, has also long cooperated with Australia’s nickel-cobalt smelting company to ensure continuous nickel supply for the next 10 years.
Litherium Australia Mining Group is a Western Australia-based professional mineral exploration, development and mining integration operation company, providing new energy-related mineral resources for global new energy and battery manufacturers.
In 2021, with the help of SMK Trust Partners Group, using blockchain technology and Binance Smart Chain to issue 50 million Litherium tokens (never additional issuance), in November the Litherium tokens increased in value by 30 times, which was favourable to many investors and laid a solid foundation for the development of the company. In the future, the Litherium Australia Group will open channels for holders of Litherium tokens to exchange shares of the listed companies, and after listing it will fully repurchase 30% of Litherium tokens in circulation on the market. Specific rules will be announced in the near future.
Immutable X is the first Layer 2 scaling solution for non-fungible tokens (NFTs) on Ethereum. It’s a cutting edge protocol for NFTs which enables projects to build on Layer 2 Ethereum with a fantastic developer and user experience, and enables instant trading, massive scalability and zero gas fees for minting and trading, all without compromising user or asset security.
Immutable X is the most technically advanced solution for NFT scaling ever built, developed with StarkWare’s powerful STARK prover and rollup technology. Immutable believes NFT users and developers shouldn’t have to choose between the security and network effects of Ethereum, and creating a world-class experience for their users. IMX is an ERC-20 utility token built for the purposes of rewarding pro-network activities on Immutable X, such as trading, liquidity provision and building applications. The token aligns incentives between traders, creators and marketplaces so that all participants benefit from protocol activity.
As the digital surveillance capabilities of governments and corporations continue to increase, projects like Oxen are doing their part to ensure the average joe has access to strong encryption technologies. Whether it’s trading, communication, or regular web browsing, Oxen has a privacy-first product to fill the need.
The Oxen team have developed two applications that demonstrate the power of their service node network, these are Session and Lokinet.
Session is a decentralised messaging app that uses onion-routing and end-to-end encryption for secure and anonymous communication. With over 300,000 monthly active users, Session is one of the most used dapps in all of web3.
Lokinet is a high speed onion-routing protocol which provides anonymous internet access. Lokinet is compatible with all web browsers, because it can run in the background instead of needing a specialised browser or plugin — so the user experience is more similar to VPNs than Tor. Because of Lokinet’s modern protocol and network architecture, it is significantly faster and more lightweight than other onion-routers — it can even handle things like video streaming.
All Oxen apps rely on the service node network to function. Service nodes are Oxen’s specialised staked nodes which secure the proof-of-stake blockchain. Service node operators stake OXEN to secure the network and are rewarded with OXEN coins for their service.
The OXEN cryptocurrency is an instant transaction privacy coin. With complete fungibility, OXEN coins cannot be traced, nor can specific OXEN coins be blacklisted by centralised entities.
To tie the ecosystem together and to reduce service node emissions, Session and Lokinet have planned monetisation features for services on their network, though its’ planned to keep all Oxen apps free to use.
Power Ledger is an energy trading platform that allows buyers and sellers to trade energy directly with one another and without the need to go through a centralised power company.
Power Ledger offers a trustless trading platform where consumers can sell energy to their peers, allowing consumers to monetise their excess energy production and access cheaper energy by buying it directly from other users on the platform.
A permissioned based blockchain allows Powerledger to build and scale energy projects across the globe, processing 50,000+ transactions per second since shifting from Ethereum to Solana. This scalable technology is fast, transparent and secure. Powerledger’s blockchain technology facilitates secure trading and mitigates settlement risk, whilst also providing an immutable and verifiable audit trail. In 2021, Carlton United Breweries partnered with Power Ledger to power their VB Solar Exchange program, which enables participants to track and trade their excess solar energy for VB beer.
Haven is a project that aims to provide anyone, anywhere with access to true private digital assets in virtually any form they choose.
The Haven ecosystem gives you the ability to store, transact and convert your money into an asset type of your choice, all in complete privacy. It consists of 3 types of assets, which combine to give users genuine utility XHV, xUSD, and xASSETS.
Haven (XHV) acts as the network collateral, and has an elastic supply. It is volatile, so the price is set according to supply and demand on exchanges. Burning XHV is the only way to mint xUSD.
xUSD is a private stable coin which can always be converted to 1 USD worth of XHV. It’s created by burning the equivalent USD value of XHV. xUSD is the only currency that can be converted into xASSETS, so it also acts as a gateway between XHV and xASSETS. xASSETS are price-stable synthetic assets which can be minted using xUSD and stored within a Haven Vault. In the future, there is virtually no limit to the number of xASSETS that could potentially be available. Currently, users can convert and transfer Gold (xAU), Silver (xAG), Bitcoin (xBTC), as well as a range of other fiat currencies. In the near future these assets will be tradeable on Thorchain’s decentralised exchange.
Emanate unites musicians and music lovers on a fast and fair collaboration and sharing platform where they can create and earn more. Emanate is much more than just a music streaming service, it brings transparency around royalty and rights distribution, allowing collaboration to occur effortlessly via smart collaborations on Emanate’s live platform.
The music industry—especially the streaming industry—has been marred by claims from artists that they are underpaid, misled, and exploited. Emanate co–founder Jimi Frew sees streaming platforms as an extension of the legacy music industry — and wants to bring the benefits of web3 to the music industry through Emanate.
Emanate is creating a more transparent music industry which makes life simpler and fairer for everyone to create and listen to music. With a specific focus on streamlining payments and agreements between collaborators. Soon, any label will be able to create a profile and start managing their artists.
Emanate has a growing number of artists, and an ever-increasing catalogue of music to enjoy. The best part is that when you listen to music, the artist will be getting paid in real time — truly linking creators and consumers.
Emanate puts power back into the hands of its users, the artists and the consumers. The EMT token can be used to access the full power of Emanate. It’s like owning a bit of the network for yourself, like creators and consumers owning a piece of Spotify.
GM! Let’s have a laugh at this week’s topical memes.
Russia attacks Ukraine.
Just a foreword: We do not in any way condone this behaviour by Russia, it is truly horrendous. These memes are for entertainment only and hopefully bring a few smiles in these terrible times. If you are in any way affected by the situation in Ukraine, please do not read this post.