Bithumb Global will List PointPay Cryptocurrency Bank PXP Token

Aug 28, 2021 at 11:02 // News
Guest Author

On August 31, 2021 cryptocurrency exchange BitGlobal is going to list the PointPay cryptocurrency bank token, PXP, on the Gem board.

Deposits will be available on August 30, 2021, and trading in the PXP/USDT pair will be available on August 31.

On August 24, 2021, BitGlobal, a cryptocurrency exchange ranked in the top 30 by trading volume, announced the listing of the PXP token on the Gem platform. Deposits will be available: August 30, 2021 at 15:00 (UTC + 8).Trading will be available: August 31, 2021 at 16:00 (UTC + 8). Trading Pair: PXP/USDT.

The daily trading volume on the Bithumb Global exchange exceeds 24,000 BTC. Acording to Coinmarketcap rating, the exchange is among the top 30 largest in the world. Initially focused on South Korean users, it quickly gained the trust of traders around the world. More than 250 cryptocurrencies are traded on the exchange, and more than 1 million people use its services.

PointPay is gaining traction

PXP is a native token of the PointPay cryptocurrency ecosystem, one of the first cryptocurrency banks, where users have access to all types of cryptocurrency transactions - fiat deposits and withdrawals, deposits, loans, staking, trading, invoicing, and many more. PointPay launched in 2018 and attracted more than 70,000 investors from 200 countries.

"PointPay will not stop at listing on just one exchange. We have plans to list on other cryptocurrency exchanges in the near future," PointPay CEO Andrei Svyatov said. - "Besides, the PointPay ecosystem assumes that we will take third-party projects for listing ourselves. This will happen very soon and there are a lot of applications from blockchain projects."


PointPay representatives note that the listing was preceded by two important events for the PXP token economy. On August 26, 2021, the PXP token stacking program was launched with a rate of up to 40% per annum. As well as the burning of a portion of PXP - 125 million tokens - 12.5% of the project's total issuance. All of these steps should increase the value of PXP at listing. The price of the token at the start of the sale was  $0.10. and at the last pre-sale round pumped $0.50. 

Recall that the project was named the best blockchain project of 2019 by the Blockchain Life event. And at the pre-sale token PXP project exceeded the hard cap and raised more than $50 million.

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