GLIZE Community Top 5 Questions: Token Withdrawal, Staking, NFT Marketplace and More
Every day, the GLIZE Community team receives a lot of questions from new members. This indicates the interest of people in the asset and the desire to quickly get up to speed in order to understand all the features and opportunities that the GLIZE token offers. We encourage such initiatives, so we have prepared a material where we answer the most popular questions.
How to withdraw the GLIZE token?
GLIZE can be stored in your crypto wallet: on the trading balance or on the staking address. Regardless of where the tokens are located, you can withdraw any amount at any convenient time.
To do this, you need to open an account on the SIGEN.pro exchange. In the "Wallet" section, you need to generate a GLIZE address and send tokens to it from your personal wallet. Next, go to the "Exchange" section, select the GLIZE / UMI pair, click "Trade" and select "Sell". You choose a market order type, specify the number of tokens and instantly exchange the GLIZE token for UMI coins. When the transaction is confirmed by the exchange, UMI will be credited to your balance. They can be exchanged for bitcoin or fiat currencies. You can also use a limit order by specifying the desired price. But in this case, you will have to wait until there’s someone who is willing to buy the asset at the price you specified.
Will the GLIZE token be traded on other exchanges besides SIGEN.pro ?
Certainly! As the token develops, it is planned to conduct listings on other trading platforms. First of all, the placement on the new decentralized exchange U-DEX, running on the UMI OneApp platform, is being considered.
Why has the GLIZE Community chosen the NFT direction?
NFT is a long-term trend in gaming and digital art that brands, artists, investors, and even politicians are interested in. In the future, this direction will develop more and more, more and more people will connect to it, and sales volumes will amount to trillions of dollars. Recall that in 2021, sales of NFT tokens amounted to $22 billion!
We have brought a topic about the uniqueness of NFT and the benefits of the future NFT marketplace based on GLIZE in a separate article.
And this is just the beginning. NFTs can be used in many other areas where it is necessary to verify the identity, authenticity of documents or objects: law, insurance, real estate and antiques, certification and licensing. That is why we are developing an NFT marketplace, which will be launched very soon.
Is it possible to exceed the 30% GLZ staking mark?
No, the maximum GLIZE staking percentage is 25% per month. Staking more than 30% per month can only be done through the use of NFT loot boxes, which will appear later. In addition, when the total number of tokens reaches 1,000,000,000, GLIZE staking will be stopped. Note that currently the staking percentage is 16% per month. Therefore, it is very beneficial to become an early asset holder and start staking GLIZE today!
How can the community help the GLIZE course to grow?
Each participant can contribute to the development of GLIZE. Starting with elementary support on social networks with likes and reposts, ending with popularizing the token among friends and building their own referral structure. The growth of the exchange rate can be influenced by constant active purchases of the token.
In general, the more people learn about the possibilities of GLIZE, the more people will want to buy the asset. Also, according to our forecasts, the demand for the token may grow after the appearance of the NFT marketplace. Such a high demand has every chance of leading to an increase in the rate. In fact, everything is in the hands of the GLIZE Community - it's time to be as active as possible!
