What is Polymath? Polymath (POLY) Coin is an Ethereum token that operates with a focus on digital securities and allows them to be exchanged with their issuance. It is the native cryptocurrency of the Polymath platform.
What is Polymath?
The aim of the project is to simplify the creation, issue and sale of securities. POLY Token plans to comply with regulations by integrating the security standard into smart contracts. POLY Token is used as a payment instrument facilitating exchanges between market makers, investors, developers and providers. The Polymath platform establishes a new token standard, ST20, and requires investors to add their Ethereum wallet addresses to the Whitpaper (Whitelist).
As of March 8, when this article was written, the price of 1 POLY Coin is 5.73 TL. It is equivalent to $ 0.40 with the current dollar rate. The price has increased by 2.15% in the last 24 hours. While the amount of supply in circulation in the markets is 898,550,830 POLY Coins, the maximum supply amount is unknown. Polymath (POLY) Coin is ranked 142nd on the CoinMarketCap cryptocurrency market. In addition, the total market value is 5,144,969,622 Turkish Liras.
Pros and Cons
Here are some advantages of POLY Coin:
The trading volume is large, reliable and listed on major exchanges It has increased both its popularity and reliability. It is a crypto-asset with a high profit potential with its sudden rise in value over the past year.
Some disadvantages of POLY Coin are:
Like almost all cryptocurrencies, it is affected by volatility. Since it is a medium-sized cryptocurrency, it can be highly affected by manipulations. Any change in the securities by the legal regulations may cause unexpected and negative changes in the project.
What is Polymath? How to Get POLY Coin?
POLY Coin is listed on trusted, popular and trading volume exchanges such as Binance, Mangala Exchange, Huobi Global, Gate.io and Coinbase Exchange. First, enter any exchange platform where the POLY Coin mentioned above is listed. Then enter the free account creation page. After entering the requested information, create your account.
Complete the authentication process steps completely. Then, after completing the account opening and verification process, transfer money from the deposit tab of the exchange with the method that is convenient for you. In the last step, enter the exchange tab where POLY Coin is listed. You can easily get POLY Coins by entering the current price or the amount you want.
