Trade ISLM on Indodax, Indonesia’s Foremost Cryptocurrency Exchange
Trade ISLM on Indodax, Indonesia’s Foremost Cryptocurrency Exchange HAQQ is excited to announce that ISLM will be available for trading on Indodax, Indonesia’s largest cryptocurrency exchange. Users in Indonesia can buy, sell, and trade ISLM seamlessly and gain access to the fast-growing HAQQ ecosystem. As the key asset powering the entire HAQQ ecosystem, ISLM opens up a world of possibilities for users.
Deposits open on Sep 11, 2 PM WIT, 7 AM UTC
Trading opens on Sep 12, 2 PM WIT, 7 AM UTC
👉 https://indodax.com/academy/Islamic-coin-islm-token/
ISLM on Different Blockchain Networks
While ISLM's utility is fundamentally the same across all platforms, it exists in different forms depending on the blockchain. This distinction is crucial, especially when transferring ISLM between platforms or wallets.
ISLM on the HAQQ Network: This is the original version and operates on the HAQQ’s blockchain.
ERC-20 ISLM on Ethereum: The ERC-20 version of ISLM is a wrapped token on the Ethereum blockchain. This allows ISLM to be traded and used on platforms that support Ethereum-based tokens, like Indodax.
Important Note!
When transferring ISLM from Indodax or any other exchange to a crypto wallet or another platform, it is essential to select the correct network. Sending ISLM to an incompatible wallet address, for instance, sending HAQQ-based ISLM to an Ethereum address, can result in the permanent loss of your ISLM tokens. Always double-check the network before transferring, and ensure you use the appropriate ISLM version for the specific blockchain. Bridge your ISLM from ETH to HAQQ using Axelar’s Satellite Money.
What You Can Do with ISLM on HAQQ
ISLM on HAQQ offers multiple utilities, enabling users to benefit from various services with their ISLM tokens, including but not limited to:
Earning Halal Returns: ISLM on HAQQ allows users to earn yields without involving riba, gambling, or other activities prohibited in Islam, providing a halal gateway to decentralized finance (DeFi). Users can utilize their ISLM tokens to generate halal passive income through various means, including:
- Staking: Stake your ISLM tokens to earn halal staking rewards while contributing to the security and stability of the network.
- Providing Liquidity: Supply ISLM as liquidity on Sharia-compliant DeFi protocols to earn halal returns.
- Lending/Borrowing: Lend your ISLM tokens to earn returns or borrow against your holdings in compliance with Islamic law.
- Additional Investment Opportunities: Explore various Sharia-compliant investment options available for ISLM holders on HAQQ.
Prepaid Cards: Issue debit and gift cards effortlessly to make daily online and in-store purchases, accepted globally.
Saving: Access Deenar Gold, a digital representation of real gold. This offers exposure to gold without storage fees and with near-zero transaction costs. Deenar Gold is also spendable and redeemable for physical gold.
How to Buy & Sell ISLM on Indodax
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Create an Account: Register on Indodax and complete the required verification process.
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Deposit Funds: Deposit IDR or another supported cryptocurrency into your Indodax wallet.
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Purchase ISLM: Search for ISLM in the trading section and place a buy order. ISLM will be credited to your account.
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Utilize ISLM: You can now trade ISLM for other cryptocurrencies or transfer to the HAQQ Network and engage in various activities within the HAQQ ecosystem or across supported DeFi platforms.
Build on HAQQ
Are you passionate about building ethical DeFi solutions? We invite builders to join the HAQQ ecosystem, which offers hands-on support and funding opportunities from our $40 million ecosystem fund. Connect with us and be a part of shaping the future of ethical finance. Stay connected for more updates: Follow us on Twitter and Discord.
