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Patex Expands Global Reach, Lists Native Token

March 13, 2024
in Web3
Reading Time: 2 mins read
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São Paulo, Brazil, March twelfth, 2024, Chainwire

Main Latin America-focused blockchain ecosystem Patex is delighted to announce the itemizing of its native token $PATEX on a number of main buying and selling venues. The landmark improvement marks a brand new chapter within the platform’s journey to reinforce blockchain accessibility and utility all through the Spanish-speaking world.

The $PATEX token will probably be obtainable for buying and selling on three tier-1 centralized exchanges (CEXs) – KuCoin, Gate.io, and MEXC – in addition to on outstanding decentralized exchanges (DEXs) Uniswap and PancakeSwap. The strategic itemizing on each centralized and decentralized buying and selling platforms is meant to make sure a seamless expertise for buyers worldwide. The launch of $PATEX is scheduled for 11am UTC on March 12, with the buying and selling pair PATEX/USDT.

Because the native asset of the eponymous community, $PATEX performs a key position in enriching the ecosystem’s suite of numerous choices. The token is designed to spice up the utility of a number of Patex merchandise, akin to its revolutionary Layer-2 Community and the C-Patex buying and selling platform. Moreover, $PATEX holders acquire entry to unique options and the chance to earn rewards, deepening their engagement with the ecosystem.

Acknowledged because the “Greatest LATAM Blockchain Ecosystem of the Yr” at November’s Future Innovation Summit in Dubai, Patex is dedicated to delivering cutting-edge blockchain options tailor-made to the wants of its chosen market. The ecosystem’s potential and impression have been acknowledged by high Brazilian fund Acura Capital, which has invested $10 million within the enterprise thus far.

With a concentrate on Latin America, a area boasting over 670 million folks and a GDP of $5.5 trillion, Patex is strategically positioned to faucet right into a market ripe for blockchain innovation and adoption. The area’s urge for food for blockchain is notable. Final 12 months, El Salvador turned the primary nation on the earth to formally make Bitcoin a authorized tender. Many Latin American international locations have excessive unbanked populations and undergo from excessive inflation charges, making crypto funding enticing.

The itemizing of $PATEX on 5 main buying and selling platforms, centralized and decentralized, is a big step in direction of increasing Patex’s world attain and affect, with the token set to profit from the deep liquidity and safety of those established venues. Holders of the token may also stake the asset in 30, 120, and 365 staking swimming pools on Patex, swimming pools that grant APY of 20%, 25% and 33% respectively. 

About Patex

Patex is a blockchain ecosystem providing a variety of services for customers in Latin America. Backed by Brazilian funding agency Acura Capital, Patex’s suite contains an L2 Community, schooling platform (Patex Campus), SDK, Explorer, and Pockets. Going ahead, Patex has plans to work together with governments on regulation and certification and goals to turn into the inspiration for CBDC within the LATAM area.

Web site | X | Telegram | Discord | Github | YouTube

Ricardo Da[email protected]

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Tags: ExpandsGlobalListsNativePatexReachToken
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