Prime-Ex Perpetual has announced that their PEX-Token (PEXT) trading pairs will now be available on YoBIT.net cryptocurrency exchange platform.
Prime-Ex Perpetual is a Panama-based real estate developer and homebuilder that uses the PEX-Token as prime currency within their real estate ecosystem geared towards financing homes for expats.
The PEX-Tokens are used by homebuyers to pay their monthly mortgage payments. Furthermore, 80% of the profits made by the company are redirected towards the PEX-token holders, including the homebuyers. This fosters a self-sustaining ecosystem that’s beneficial to everyone involved.
As such, it’s imperative for PEX-Tokens to be readily available 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 project is one based on equity wherein the lenders have been placed on equal footing with the developers, builders, and the buyers, replacing their interest rate risk with equity participation.
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 https://yobit.net/en/trade/PEXT/BTC.
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