Live POLYX price analysis
The current real-time price of Polymesh is $0.1899and its trading volume is equal to US$10,896,505 in the last 24 hours. POLYX price has grew by
0.53%
on the last day and increased by
0.74%
in the last 7 days. It is important to note that Polymesh’s current market capitalization is US$155,722,764Speaking of working resources, POLYX has 819 930 543 coins. Polymesh’s current market rating is #271.
Polymesh price today
55.75%
below
always on top and that’s it
573.65%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling POLIX are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is Polymesh (POLYX)?
POLYX is Polymesh’s native token. The latter represents Permissioned institutional grade blockchain focused on regulated assets. This allows protocols to create and maintain security tokens. The platform compensates developers with POLYX tokens.
note that The POLYX token is classified as a utility token under Swiss law. Swiss financial authority FINMA. In addition, POLYX coins are constantly verified for compliance by authorized delegates. You can see the current price of Polymesh right above.
POLYX Use Cases
One of the main use cases for POLYX coins is staking.. Users have to stake POLYX coins to receive a share of the block reward. In order to exploit author’s nodeOperators must also bet on Polymesh crypto assets. Thus, by staking network tokens, holders can help secure the Polymesh chain.
Another use case for POLYX is control.. POLYX owners can vote and make suggestions for improvements to Polymesh, which will allow them to participate in the administration of Polymesh. Although coding improvement proposals requires additional technical knowledge, anyone can vote on the final proposals.
Finally, POLYX tokens are also used for cover transaction fees or any other costs that occur within the network.
Don’t forget to check the Polymesh price chart. It shows the current and previous price of POLYX.
Who founded Polymesh?
The Polymesh crypto project was founded Chris Hasser who is currently Head of Strategy. He is also one of the founders Polymath, a secure crypto technology platform. In fact, the Polymesh blockchain is a project developed by Polymath.
Before founding Polymesh, Hausser worked as a respected lawyer and was passionate about the concept of blockchain. He worked as a consultant on various blockchain projects for 4 years until he left his practice in 2017 and devoted his time to creating Polymesh.
Please note that Polymath users have the option upgrade your Ethereum-based POLY tokens (standard utility token on the Polymath network) in POLIX. This can be done through the POLY to POLYX bridge, which automatically converts the token on the chain.
Tokenomics POLYX
As of January 2023, there are approximately 522 million POLYX tokens available. The following is the distribution of POLYX supplies:
- 0.9% – bonus pool;
- 2% – advisors;
- 8.9% – founders and participants of companies;
- 51.3% – reserve pool;
- 24% – distribution/pre-sale.
If you are looking to purchase POLYX coins, check the charts above to see the latest POLYX price. It is important to identify major price changes to better predict future Polymesh price movements.
What is the trading volume of Polymesh in the last 24 hours?
POLYX has trading volume US$10,896,505 in the last 24 hours.
What is the highest price for Polymesh?
POLYX has the highest price $0.4292which was achieved at October 30, 2023 (3 months 3 weeks ago).
What is the lowest price for Polymesh?
POLYX has the lowest price US$0.0282which was achieved at December 11, 2022 (1 year 2 months ago).
Which exchanges are best for buying and selling POLYX?
Currently the most active and dominant exchanges for buying and selling Polymesh are Binance, Kraken & Kucoin. The most popular Polymesh trading pairs POLYX/KRW
(on
Upbit
),
POLYX/USDT
(on
Binance
),
POLYX/USDT
(on
Billiards
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for storing POLYX?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Polymesh. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
Polymesh related pages
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
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Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
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Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
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Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
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