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PEX-Tokens (PEXT), the prime currency used by Panama-based real estate developers Prime-Ex Perpetual, will now be available as a trading pair on YoBIT.net cryptocurrency exchange platform.
PEX-Tokens are in the center of the Prime-Ex Perpetual real estate ecosystem. Homebuyers are encouraged to make their monthly mortgage payments in PEX-Tokens. Furthermore, 80% of the company profits are redirected to the PEX-Token holders, thus incentivizing homebuyers to hold them. This fosters a self-sustaining ecosystem that’s beneficial to everyone involved.
The smooth-functioning and sustenance of this project relies on the availability of PEX-Tokens in reliable exchange platforms. YoBIT, being a relatively new but reliable and fully-decentralized exchange platform, is ideally placed to offer more trading options to Prime-Ex token holders.
“Our supporters have been waiting patiently since the end of our ICO for a good trading pair on a prominent exchange,” said John Gilbert, CEO and Co-Founder, Prime-Ex Perpetual.
“We’re happy for what this means for future PEX-Token liquidity and adoption of our solution for residential real estate. It represents the latest step forward for us as we continue our proof of concept. We hope to announce more trading pairs on other exchanges soon.”
Prime-Ex Perpetual recently completed its ICO, achieving token sales of over 14 million (14,000,000) PEX-Tokens. The Prime-Ex Perpetual project is based on equity wherein the lenders, developers, builders, and the buyers enjoy equity participation, thus eliminating interest rate risks associated with traditional models of bank loans.
YoBit was first introduced to the BitcoinTalk forum in 2015, and it offers many of the same features as some of the more prominent exchange platforms such as Bittrex, thus assuring efficiency and user satisfaction.
The PEXT/BTC pairing can be traded at YoBIT.net.