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What is PolyMath (POLY) cryptocurrency?

PolyMath seeks to revolutionize digital investments by tokenizing traditional and novel assets. Investors will then be able to create, manage, and trade in these securities directly on the POLY blockchain platform. As a result of problems faced from institutional investors, PolyMath has also launched a special blockchain called Polymesh with native token POLYX

Reasons to buy PolyMath (POLY) in India

  • According to latest estimates, more than 100,000 wallets hold POLY, which makes it a popular cryptocurrency.
  • During launch, more than 240 million tokens were distributed.
  • After the Polymesh launch, ERC20 POLY holders have the option to upgrade their coins on a 1:1 ratio for POLYX.

Three things to know before buying PolyMath (POLY)

  • It is a cross-chain bridge service provider for ERC20 tokens that operates mostly on Ethereum or Binance Smart Chain.
  • POLY seeks to facilitate the trade of new and traditional asset classes digitally.
  • The primary utility of POLY tokens is their use as gas fees.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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