What is Persistence (XPRT) | What is Persistence token | What is XPRT token
About Persistence
Persistence is a protocol powering institutional open finance by facilitating the borrowing of cryptoassets (stablecoins) using real-world assets, such as invoices, as collateral. This bridges DeFi and traditional finance and uses the features of DeFi to solve real-world financing problems.
Persistence aims to facilitate efficient global capital allocation by allowing businesses and traders to draw loans against receivables in to meet their financing needs. It aims to allow investors in low-interest jurisdictions to generate yield through a fundamentally new asset class in the form of real-world income-generating assets.
Comdex, the first app in the Persistence ecosystem, has processed $30 million worth of commodity trades. Further, Persistence is targeting to close the $1.5 Trillion financing gap in the commodity trading industry. The solid validator set and strategic partnerships with projects such as Terra are a validation of their product-market fit.
The technology stack comprises: - Persistence chain(s) - a network of business-specific ‘App-chains’ with security provided by the Persistence main-chain and its set of validators - Persistence SDK - a suite of plug-and-play modules to create new or integrate existing Exchanges & Marketplaces - Persistence dApp(s) - finance applications focused on institutional and retail stakeholders
aFeatures
1. Asset Tokenization
Tokenize real-world assets using NFTs to bring them on-chain into the DeFi ecosystem
2. Asset Exchange
Cross-chain exchange of crypto and real-world assets (NFT marketplaces)
3. Liquidity Aggregation
Invest/lend to a variety of diversified real-world asset-backed Stablecoin liquidity pools
Products
The Persistence technology stack consists of products facilitating the end-to-end journey of the borrowing of cryptoassets using real-world assets as collateral.
By removing all the complexities of using public blockchains, Persistence products enable seamless institutional adoption while catering to crypto-native users.
How and Where to Buy XPRT ?
XPRT has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy XPRT token
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since XPRT is an altcoin we need to transfer our coins to an exchange that XPRT can be traded. Below is a list of exchanges that offers to trade XPRT in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase XPRT from the exchange: AscendEX (Bitmax)
The top exchange for trading in XPRT token is currently …
There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once XPRT gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information XPRT
☞ Website ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Message Board ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you
⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐
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