How and where to buy Proxy coin
The Proxy coin is hard enough to purchase, owing to the shortage of trading platforms that offer it. Only four exchanges with 3 pairs: 0XAB3D.../0X2791..., PRXY/USDT and 0XAB3D.../0X7CEB.... All the details about, including market cap, instructions and price prediction see below.
Where to buy ProxyStep 1
You need an account with a cryptocurrency exchange that supports Prxy crypto. All of them provided on our site. Register it, if you don't already have it or login with your credentials.
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|Sushiswap (Polygon POS)
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Transfer or purchase with P2P one of this coins: USDT, 0X2791... or 0X7CEB....Step 3
Switch to spot market on cryptocurrency exchange and type the coin name in search form. Choose between available trading pairs, then set order and push Buy PRXY button.
After pressing "buy" button, the Prxy will be transferred to your account on the crypto exchange. You need to know that just transferring your coins from crypto exchange to separate hardware wallet like Trezor T or Ledger, you help better protect your investments. Not only does this shorten your risk if your trading platform gets cracked, but if you move to a “cold,” or offline, wallet, your Proxy coin turn into almost unbreakable. Only disadvantage is generally have to pay a small withdrawal fee to move your coins from the cryptocurrency exchange.
What is Proxy
Bitcoin Proxy offers a unique institutional-grade wrapped Bitcoin solution that leverages Polygon technology to bring Bitcoin to DeFi with no gas and no slippage. Unlike other wrapped bitcoin offerings, Bitcoin Proxy provides decentralized governance via the PRXY token, insured custody through its partner Hex Trust, and a user-friendly interface to make wrapping bitcoin easy for retail users and institutions alike. In combination, the ProxyRelay solution reduces transaction costs, eliminates slippage, and significantly reduces counterparty risk to make it easier than ever to wrap your bitcoin to participate in DeFi platforms both on Ethereum and Polygon. By confirming Bitcoin blocks onto an Ethereum smart contract using a MATIC side chain, BTC Proxy enables gasless minting of its wrapped Bitcoin product, BTCpx, and low redemption fees with fast confirmations in under 30 minutes. No KYC is needed. Users can stake PRXY tokens to farm Bitcoin Rewards paid in BTCpx, which is redeemable for BTC.
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Price and supply
The current total supply is 5.9 millions, with a circulating supply of 0 PRXY as of Feb 2024. The max amount of coins that will ever exist in the lifetime of the Proxy is 2391000.
The price of Proxy crypto is $0.120621346028 as of 07:11 PM. The price went up on 0.9956% over the past 24 hours. The recent price action left the token's market capitalization at 0 united states dollars. Thus far recent 30 days, the Proxy token increased on 1.1%.
What cryptocurrency exchange can I buy Prxy crypto?
Prxy token can be purchased from 4 trading platforms. And these are some of them: Hotbit, Quickswap, Sushiswap (Polygon POS) and AscendEX (BitMax).
Is Prxy crypto a good investment?
The Proxy crypto is a risky asset that has strong potential to become abandoned. Because of high volatility of all cryptocurrency market you have to understand: unexpected changes in market can lead to sharp and sudden moves in price, learn the risks before you start trading and you can lose all of your invested funds. But on the other hand of that it's way to get filthy rich by investing in crypto.
About the author
Davy Jones has been involved in the crypto industry since 2017 as a miner. Since then, he has become an avid investor, writer, and speaker in the field. Jones has been writing professionally since 2008, covering a wide range of topics in various industries.