The introduction of blockchain technology has changed the way people view basic transactions and financial services globally. The main motive was profit. However, the weak security networks of these systems made it impossible to guarantee the security of assets and funds. Blockchain technology has made many issues obsolete. The cryptocurrency market is valued at over $1.7 trillion as of January 2022, and the DeFi market has broken Total Value Locked (TVL) records. The cryptocurrency market is expanding rapidly. This means more opportunities and an influx of investors in the coming years.
With a people-driven vision before profit and trusting investors that their assets are safe and well managed, a project has emerged called Proprivex to create a world where investors can rest well. I’m here.
What is Proprivex?
Proprivex is a digital asset and currency trading and portfolio management platform that aims to enable users to manage diverse portfolios from a single platform. Proprivex aims to make blockchain work for everyone. Managing one’s portfolio can sometimes be a problem, and Proprivex seeks to efficiently complete this task. Cryptocurrency users want a secure exchange platform that offers the highest stake his returns for their tokens, and everyone wants a trustless, simple, interactive, intuitive, community-driven, We need a secure ecosystem. Proprivex’s mission is to create the right platform to meet all these requirements.
Crypto asset management platforms face several challenges. These challenges are:
- Inadequate wealth management tools and inaccurate real-time market analysis
- lax security protocols
- Complex and inefficient infrastructure
- User should know everything
- inefficient framework
How does Proprivex stand out?
- Low price
- Diverse crypto assets
- Gamified ecosystem
How Proprivex Solves Challenges Facing Crypto Management Platforms
- High-End Wealth Management Tools: Market and trading analysis can be more difficult for beginners and experienced traders as they may be engaged in their day-to-day and other tasks. Proprivex’s ecosystem is connected to the latest AI and machine learning tools and algorithms, ensuring users receive daily market analysis and reports.
- Serious security: The Proprivex security protocol is developed using the best in cryptography, combining the latest technology with the smallest possible hacking footprint.
- Efficient Framework and Infrastructure: The framework Proprivex uses is Avalanche, which is incredibly light, fast and effective. By charging low and reasonable transaction fees, Proprivex is able to remain carbon neutral regardless of trading volume.
The official utility token of the Proprivex ecosystem is PPX. All services provided by the platform will be billed and paid for in Proprivex Tokens (PPX). Payments can be accepted in other tokens, but are incentivized by discounts on Proprivex Tokens (PPX). Proprivex token holders become members of an automatically managed Decentralized Autonomous Organization (DAO) and receive rewards.
Asset management services will be available only to token holders, making token trading more attractive. The Proprivex exchange offers the top cryptocurrency trading pairs by market cap and volume, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Polkadot (DOT), USDT and Avalanche (AVAX). We support this. Exchange fees are based on trading volume and billed in Proprivex Tokens (PPX). Additionally, Proprivex plans to expand its ecosystem to include non-fungible tokens (NFTs).
NFTs will be integrated with decentralized finance (DeFi) and cross-chain properties, increasing utility and use cases. The Proprivex ecosystem is community driven. Owners and users of Proprivex tokens can participate in governance. The total supply of Proprivex tokens is 650 million.
Bonuses provided by Proprivex Tokens
Onboarders in the Proprivex ecosystem can claim various bonuses depending on the cryptocurrency exchanged for the Proprivex tokens. Buyers receive her 13% reward when purchasing PPX tokens with Ethereum (ETH). On the other hand, using Binance Coins (BNB) to buy her PPX tokens gives the buyer her 15% bonus. Below are other bonuses you can get by purchasing with various cryptocurrencies.
USDT TRC-20 – 20%
USDT ERC-20 – 10%
Bitcoin (BTC) – 10%
Dogecoin (DOGE) – 11%
Shiba Inu (SHIB) – 11%
Additional bonuses of 8%, 6% and 4% will be awarded when purchasing PPX tokens during the 1st, 2nd and 3rd stages of the presale.
Avalanche (AVAX) and Ripple Token (XRP)
Avalanche (AVAX) is an open-source programmable smart contract platform for decentralized applications (dApps). AVAX is the Avalanche (AVAX) network token used to pay transaction fees while protecting the Avalanche (AVAX) network. The Avalanche network has the advantages of speed, versatility, security, affordability, and ease of access. The Avalanche (AVAX) network can support many blockchain-based projects. The Avalanche (AVAX) network employs a secure consensus mechanism. The work done on the Avalanche (AVAX) network is perfect because the workload is spread across many chains. Exchange Chain (X-Chain) is a blockchain that allows assets to be created and traded on the Avalanche (AVAX) network. In contrast, the contract chain (C-chain) is the Ethereum virtual machine used to deploy Ethereum smart contracts, and the platform chain (P-chain) keeps track of validators and manages the subnet landscape of the network. .
The outstanding characteristics of the Avalanche (AVAX) ecosystem are:
- Ability to process many transactions: Avalanche is one of the fastest smart contract blockchains in the industry. Transaction speed means investors can expect rapid data throughput. Additionally, exchanges, smart contracts, and transaction validation are handled by different chains, resulting in less downtime and more consistent performance.
- Customizable Blockchain: Avalanche is a complex and secure network that allows you to customize the deployed blockchain to meet your developer and platform needs. Given the sensitivity of the application, this provides a more robust framework for Proprivex.
- Small Transaction Fees: The network is built where transactions are validated many times, but in batches. This makes validating transactions on Proprivex more efficient and less costly. Additionally, integration with Avalanche makes it easier for traders to adopt his Proprivex solution.
- Borderless DeFi: AVAX’s base code is written in the same robust language used to build Ethereum and several other EVM-compatible chains, making Avalanche compatible with many chains. Avalanche’s cross-chain compatibility enables rapid cross-chain transactions.
- Carbon Neutrality: The huge carbon footprint is one of the reasons for the reluctance to accept cryptocurrencies as a global medium of exchange. With Avalanche as your foundation, you can achieve all your goals while being environmentally friendly. As of November 2021, the Avalanche Network has been declared carbon neutral. In this way, users do not have to worry about the impact of their actions on Proprivex.
Ripple Token (XRP) acts as a cryptocurrency and is a digital payment instrument for transactions at financial institutions. Financial institutions can exchange currencies more affordably by adopting Ripple Token (XRP) in place of other fiat currencies acting as a bridge currency.
The most important similarities between the Ripple and Avalanche ecosystems are the low cost of transactions and the speed of transaction processing. Transactions on the Ripple network are processed in seconds.
In conclusion, blockchain technology continues to grow and many cryptocurrencies are flourishing. With features such as fast transaction speeds and low transaction costs, Proprivex (PPX) performs as well as or better than Avalanche (AVAX) and Ripple Token (XRP) in the cryptocurrency market. .
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