Get to know Polymath (POLY), Now Available on Indodax
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Get to know Polymath (POLY), Now Available on Indodax

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Get to know Polymath (POLY), Now Available on Indodax

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This week, the Polymath (POLY) crypto asset will be listed on Indodax. Open deposit will start on April 13th, 2022 at 14:00 WIB (UTC +7) and open trading will start on April 14th, 2022 also at 14:00 WI (UTC +7).

The Polymesh Foundation focuses on providing through key design principles the most important elements that issuers and investors need, what do you think? Curious? Let’s read more here!

What is Polymath (POLY)

Polymath (POLY) provides technology to create, issue, and manage security tokens on the blockchain. Polymath (POLY) spearheaded the creation of a unified standard for security tokens on Ethereum, ERC 1400, and over 200 tokens have been deployed using Polymath (POLY)’s Ethereum-based solution. Recognizing that existing blockchains were insufficient to meet regulatory requirements of capital markets, Polymath (POLY) built Polymesh, an institutional-grade blockchain built specifically for regulated assets. Polymath (POLY) streamlines antiquated processes and opens the door to new financial instruments by solving the inherent challenges with public infrastructure around identity, compliance, confidentiality, governance, and settlement.

Polymath (POLY)’s Founder

Polymath (POLY) was founded while searching for a solution to tokenize a private fund. During this process, it became clear that complex technical and legal challenges made it very difficult to launch securities on the blockchain. This led to a much larger vision: instead of launching just one tokenized microfund, why not make it easy for anyone to launch a security token? With this idea, Polymath was born. Polymath has team members and contributors worldwide and a growing list of over 50 global service providers.

What makes Polymath (POLY) unique?

Security tokens represent a tremendous market opportunity, but there are significant barriers standing in the way of institutional adoption. Polymath (POLY) addresses these barriers with Polymesh, an institutional-grade blockchain built for security tokens and the first specialized chain of this nature. The foundations of Polymesh are focused on providing through key design principles the most crucial elements that issuers and investors need, and that institutions and regulators require: identity, compliance, confidentiality, and governance. When put together, these four pillars also support more complex operations, such as settlement. When it comes to creating and managing digital securities, Polymesh’s specificity gives it, and the applications built on it, a distinct advantage over general-purpose blockchains. The purpose-built infrastructure addresses the gaps in standard blockchain architecture to align the functioning of the blockchain with the requirements of modern capital markets. In addition to engineering Polymesh, Polymath has also built a series of tools on the chain that offer non-technical users an intuitive means to access the chain’s functionality. By combining Polymesh’s deep functionality with user-friendly tools, Polymath stands to transform capital markets.

Polymath (POLY)  Crypto Assets

The current CoinMarketCap ranking is #151, with a live market cap of $449,350,675 USD. It has a circulating supply of 898,550,830 POLY coins and the max. supply is not available.

How to Buy Polymath (POLY) Crypto Assets on Indodax

For those of you who want to buy Polymath (POLY)  crypto assets, you can buy them on Indodax starting April 14th, 2022 at 14:00 WI (UTC +7).

Here’s how to buy it:

  1. For those of you who are not yet a member, you can click the link here
  2. After that, make a deposit. For those of you who are confused about how to deposit, click on this link
  3. After your deposit and balance come in, you can return to the market
  4. Look for Polymath (POLY)  in the Rupiah market then click
  5. After entering, all you have to do is buy by filling in the balance and at what price you want to buy Polymath (POLY) . You can also buy it instantly or directly at the current price
  6. After that, you need to patiently wait for the price to increase for some time
  7. After the price increases, you can sell it at a higher price with the instant method
  8. If you sell with the limit method, you can place orders after buying. Make sure you enter a higher number when selling.
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