PRESS REELEASE. INTERNET CITY. DUBAI, Sep. 23rd, 2022 . LBank Exchange, a global platform for digital asset trading, listed PRIMEZTOKEN September 23rd, 2022. All LBank Exchange users can now trade the PRIMEZTOKEN/USDT pair.
Primez is a NFT marketplace that allows Japanese content to be converted to NFTs. To further increase its global reach, Primez's native token PRIMEZTOKEN was listed on LBank Exchange on September 23rd at 8:00 UTC.
Japanese content is widely acclaimed around the world. It includes traditional art and animation as well as music, games, modern art, and sports. Over the past ten years, Japan's overseas market has increased more than twice. By category, anime is the largest market overseas. Next are online games for smartphones, which have rapidly grown, and then print publication.
Primez NFT Marketplace will be centered on the value and conversion of Japanese content into NFT. This will protect and enhance the value creators in Japanese culture and create a new economic zone in Japan and the US.
PRIMEZTOKEN was created to enable stable operation of the PRIMEZ blockchain as a decentralized platform. It is a blockchain that specializes in the management, distribution, and issuance of NFTs in Japan. The PRIMEZ chain is also connected to multiple blockchains including Ethereum and serves as a cross-chain platform, which acts as a hub for NFT distribution and issuance.
Primez will create a platform to allow the use of NFT and cryptographic assets. Primez will also introduce Japan's top-quality contents overseas and abroad using blockchain technology.
PRIMEZTOKEN users will receive many benefits. With PRIMEZTOKENs, you can purchase unique NFT artworks that are only available on Primez marketplace. Token holders will receive 5% of Primez sales back based on how many PRIMEZTOKENs and how long they have held them, which is calculated every six months. Primez supports MetaLive, a unique live-streaming platform that allows them to support their idols with PRIMEZTOKEN. PRIMEZTOKENs also allow them to vote in events.
ERC-20 shows that PRIMEZTOKEN's total supply is 1 billion. 1000,000,000 tokens. 35% of this supply is for community mining. 20% is for ecosystem development and growth. Another 20% is for the official management team. 20% is for pre-sale. The remaining 5% is for advisors.
Investors who are interested in Primez investments can now buy or sell PRIMEZTOKEN directly on LBank Exchange. PRIMEZTOKEN's listing on LBank Exchange will help it expand its business and attract more attention to the market.
Learn more about PRIMEZTOKEN
Official Website: http://primez.io
LBank, one of the most popular crypto exchanges was established in 2015. It provides specialized financial derivatives and expert asset management services to its users. It has over 7 million users, from more than 200 countries. LBank is a cutting edge platform for growing cryptocurrency. It ensures the integrity and growth of user funds and aims at promoting the adoption of cryptocurrency worldwide.
Trade Now: www.lbank.info
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Frequently Asked Questions
Can I keep physical gold in an IRA?
Not only is gold paper currency, but it's also money. It is an asset that people have used over thousands of years as money, and a way to protect wealth from inflation and economic uncertainties. Today, investors invest in gold as part a diversified portfolio. This is because gold tends do better in financial turmoil.
Today, Americans prefer precious metals like silver and gold to stocks and bonds. Although owning gold does not guarantee that you will make money investing in it, there are many reasons to consider adding gold into your retirement portfolio.
Another reason is the fact that gold historically has performed better than other assets in times of financial panic. Between August 2011 to early 2013, gold prices rose close to 100 percent while the S&P 500 fell 21 per cent. During these turbulent market times, gold was among few assets that outperformed the stocks.
Another benefit to investing in gold? It has virtually zero counterparty exposure. Your stock portfolio can fall, but you will still own your shares. However, if you have gold, your value will rise even if the company that you invested in defaults on its loans.
Finally, gold is liquid. This allows you to sell your gold whenever you want, unlike many other investments. Because gold is so liquid compared to other investments, buying it in small amounts makes sense. This allows you to take advantage of short-term fluctuations in the gold market.
How Does Gold Perform as an Investment?
Supply and demand determine the gold price. Interest rates are also a factor.
Due to their limited supply, gold prices fluctuate. You must also store physical gold somewhere to avoid the risk of it becoming stale.
How much gold should your portfolio contain?
The amount you make will depend on the amount of capital you have. If you want to start small, then $5k-$10k would be great. As your business grows, you might consider renting out office space or desks. This will allow you to pay rent monthly, and not worry about it all at once. Only one month's rent is required.
You also need to consider what type of business you will run. In my case, I am running a website creation company, so we charge clients around $1000-2000/month depending on what they order. You should also consider the expected income from each client when you do this type of thing.
You won't get a monthly paycheck if you work freelance. This is because freelancers are paid. So you might only get paid once every 6 months or so.
So you need to decide what kind of income you want to generate before you know how much gold you will need.
I recommend starting with $1k-$2k of gold and growing from there.
How much should precious metals make up your portfolio?
To answer this question we need to first define precious metals. Precious metals refer to elements with a very high value relative other commodities. They are therefore very attractive for investment and trading. Today, gold is the most commonly traded precious metal.
There are also many other precious metals such as platinum and silver. The price for gold is subject to fluctuations, but stays relatively stable in times of economic turmoil. It is also not affected by inflation and depression.
In general, prices for precious metals tend increase with the overall marketplace. But they don't always move in tandem with one another. If the economy is struggling, the gold price tends to rise, while the prices for other precious metals tends to fall. Investors expect lower interest rate, making bonds less appealing investments.
When the economy is healthy, however, the opposite effect occurs. Investors choose safe assets such Treasury Bonds over precious metals. These precious metals are rare and become more costly.
It is important to diversify your portfolio across precious metals in order to maximize your profit from precious metals investments. Additionally, since the prices of precious metals tend to rise and fall together, it's best to invest in several different types of precious metals rather than just focusing on one type.
- Gold is considered a collectible, and profits from a sale are taxed at a maximum rate of 28 percent. (aarp.org)
- If you accidentally make an improper transaction, the IRS will disallow it and count it as a withdrawal, so you would owe income tax on the item's value and, if you are younger than 59 ½, an additional 10% early withdrawal penalty. (forbes.com)
- If you take distributions before hitting 59.5, you'll owe a 10% penalty on the amount withdrawn. (lendedu.com)
- You can only purchase gold bars at least 99.5% purity. (forbes.com)
- The price of gold jumped 131 percent from late 2007 to September 2011, when it hit a high of $1,921 an ounce, according to the World Gold Council. (aarp.org)
Tips for Investing in Gold
Investing in Gold has become a very popular investment strategy. This is because there are many benefits if you choose to invest in gold. There are several ways to invest in gold. Some people buy physical gold coins, while others prefer investing in gold ETFs (Exchange Traded Funds).
You should consider some things before you decide to purchase any type of gold.
- First, verify that your country permits gold ownership. If so, then you can proceed. You can also look at buying gold abroad.
- The second thing you need to do is decide what type of gold coins you want. You can go for yellow gold, white gold, rose gold, etc.
- Third, consider the cost of gold. It is better to start small, and then work your way up. One thing that you should never forget when purchasing gold is to diversify your portfolio. Diversify your investments in stocks, bonds or real estate.
- Last but not least, remember that gold prices fluctuate frequently. You need to keep up with current trends.
Title: PRIMEZTOKEN Is Now Available for Trading on LBank Exchange
Sourced From: news.bitcoin.com/primeztoken-is-now-available-for-trading-on-lbank-exchange/
Published Date: Fri, 23 Sep 2022 17:00:24 +0000