Page 5 - Uhuru Tribe eNewletter - 20th May 2019 - 6th Edition

That means we exclusively deal only in these and not in FIAT (or also known paper money which is offered as legal tender to make payments as endorsed and guaranteed by the various governments of the world). We are using Fiat as our measuring s3ck to make a comparison between our coins and/or tokens and normal Fiat, in order to determine a value which is based on supply and demand and that is where it stops.

Up 3ll now we have allowed our partners to par3cipate in our FX Trade programme, to deposit FIAT (ZAR) which we then converted into Crypto and traded with it. Then we converted it back and made the funds available again in ZAR to make life easier for them. In the true spirit of what we are doing, it is not our responsibility to do so and it has also brought some confusion in the market where some has thought we are trading on their behalf in ZAR. We are not legalised or licenced to trade on behalf of anybody, especially in FIAT and to make sure there is no doubt about this, we have decided to convert every single pla^orm within the Uhuru Tribe eco system to only operate with the Uhuru Token.
That means the FX Trade pla^orm will remain, but you will only be able to borrow the UHURU Token (UHC) to do any transac3on with us. In plain simple language it means, you will give your money in exchange as surety for our Tokens by deposi3ng your Fiat into any of our bank accounts. We will then issue you with UHC into your Uhuru UHC wallet according to the value of your FIAT and from there you can then par3cipate in any or all of our various products. This is what has happened un3l now. The only difference is that you will no more be allowed to deposit ZAR into your Trading account and you will no more make ZAR withdrawals from your trading account. Just like you currently
receive UHC rewards from par3cipa3on in our Fraxions, Founders or Uhuru Cash products or receive commissions into your UHC wallet, all your FX Trading will also be moved first from and to your UHC wallet before you can make use of that pla^orm.
In order to make this switch as smooth as possible and without any hiccups, we have decided to make this switch as from Monday 3 June. That means aZer closing of business on Sunday 2 June at NOON (12h00 CAT) the Trading pla^orm will close for business for that aZernoon and the whole day on the Monday. We should be able to run normal again as from the Tuesday 4th June. The only difference is that you will be quoted in UHC and all your proceeds will be paid out in UHC as from then on.
Then the pay-outs from the next Saturday will all be in UHC. You will s3ll be able to re-invest, make withdrawals and make use of the RENEW bu*on as normal. The only difference is that your investment values will have been converted into UHC value.
If you want to make a withdrawal it will go directly to your UHC wallet and there will be NO WITHDRAWAL FEES from the TRADE account anymore. On the other hand, no exchange fees anymore between the UHC Wallet and the Trade account. So much less confusion and savings for our people because you will only upload into your UHC Wallet and payments to and from your Trade account will only take place between your Trade account and your UHC Wallet.
Withdrawals to and from your UHC account will be as normal and the applicable UHC / Fiat values will be used as normal. We are sure that will be so much easier for all our par3cipants to manage and to adopt as well as explaining it to new members. PLEASE accept that it is just a much more convenient way of doing things.