Polymesh (POLYX)

$ 0.196100000000000000

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Description

Polymesh (POLYX) is a security-focused decentralized cryptocurrency that was created to meet the needs of the growing financial system. The coin was officially launched in August 2020 and was founded by Polymath, a blockchain technology firm whose mission is to make it easy for companies to launch their own security tokens. The Polymesh native token, POLYX, is used to facilitate transactions on the Polymath platform. What makes Polymesh unique is its underlying blockchain architecture that was designed with securities in mind. It has a built-in KYC/AML framework that allows it to meet regulatory compliance, and its layer-2 consensus protocol allows near-instant transaction speed and scalability. Polymesh is also the first chain optimized to enable decentralized solutions for a wide variety of applications in the capital markets, from asset tokenization to trading and investing. Where is Polymesh used? Polymesh is mainly used for asset tokenization, where companies can issue digital representations of their assets on the blockchain, allowing users to fractionalize and trade them just like any other digital asset. The platform also supports a variety of trading applications, from security tokens to regulated derivatives and more. Where to buy/sell POLYX? The Polymesh token is currently available for purchase on several popular cryptocurrency exchanges, such as Binance, Huobi Global, and OKEx. You can also purchase the token directly from Polymath using its web portal. Overall, Polymesh is an innovative blockchain platform that has the potential to revolutionize the way that securities are traded and managed. With its built-in security features and fast transaction speeds, it could become an integral part of the future of capital markets.