PRO

Overview of PRO

Propy Token, commonly referred to as PRO, is a type of cryptocurrency that was launched in the year 2017. It was developed by Natalia Karayaneva, as a decentralized method of exchange. PRO is predominantly traded on cryptocurrency exchange platforms such as HitBTC, Bittrex, and Upbit. As it is based on the Ethereum protocol, it can be stored in any ERC20 compatible wallet.

Pros and Cons

Crypto Wallet

The Propy Wallet is essentially a state-of-the-art platform where individuals can securely store and effectively manage their Propy digital currency. It is incorporated within the multi-asset Freewallet offering, a critically acclaimed and widely-used cryptocurrency management tool, lauded for its security, accessibility, and user-friendly interface. Graciously available on a plethora of platforms, namely iOS, Android, and the web, users can seamlessly manage their Propy irrespective of the device they use, thus ensuring flexibility and convenience. This feature alone widens its reach to accommodate an expansive user base across different devices without compromising functionality.

What Makes PRO Unique？

Propy Token (PRO) includes a few innovations that differentiate it from many other cryptocurrencies. Developed by Natalia Karayaneva, PRO was designed with a specific focus on the real estate sector, aiming to address the classic inefficiencies in this industry, like the speed and security of transactions, and the difficulty of cross-border payments. It accomplishes this by leveraging the power of blockchain technology to ensure transparency, speed, and security of transactions.

Propy Token is said the first blockchain-powered title and escrow company. Their mission is to streamline the closing process and fight wire and title fraud by providing buyers with a more secure experience.

How Does PRO Work？

Propy Token (PRO) operates based on the Ethereum blockchain, as an ERC20 token, which results in some differences from cryptocurrencies such as Bitcoin in terms of its working mode and operation principles.

PRO doesn't involve traditional mining like Bitcoin. Instead, it follows a process called “minting.” This process takes place on the Ethereum network, and the number of PRO tokens could be pre-set when it was initially launched.

In terms of the mining software, since PRO tokens are minted, rather than mined, they don't require standalone mining software. The creation and distribution of PRO tokens occur as per the predefined rules in the Ethereum-based smart contract that governs the token.

The speed of 'minting', or generating new PRO tokens, is dependent on the rules set in its smart contract and Ethereum network's block time, which is faster compared to Bitcoin's block time.

As for mining equipment, traditionally resource-intensive hardware, such as ASIC miners used for Bitcoin, is not necessary for transacting or participating in the Ethereum ecosystem, since Ethereum tokens are not mined but minted within the Ethereum network.

Exchanges to Buy PRO

Propy Token (PRO) is supported by several cryptocurrency exchanges. Some of the prominent ones are:

CoinCarp:

Step 1: Sign up for an account on the official website or app of a centralized exchange (CEX). If CEX supports (such as Binance) one-click registration and login of social accounts, you can directly use social accounts to register and log in.

Step 2: Verify your identity and set up your Centralized Exchange (CEX) account security. You'll usually need to have a government-issued ID. For the security of your assets, you'd better enable two-step verification.

Step 3: Buy USDT, ETH, or BNB with fiat currency. You can use the services offered by CEX that support OTC transactions, or you can use a financial services platform (PayPal or Robinhood, for US residents) that supports the purchase of digital currencies through your bank account or credit card.

Step 4: Transfer USDT, ETH, or BNB purchased with fiat currency to CEX that supports Proxy (PRO) trading in the spot market. If you use a centralized exchange (CEX) that supports the purchase of USDT, ETH, or BNB via fiat currency, as well as trading pairs such as Propy(PRO)-USDT, Propy(PRO)-ETH, or Propy(PRO)-BNB, you can trade on the same platform without having to switch to another platform that supports Propy(PRO).

Step 5: Buy Propy (PRO) with USDT, ETH, or BNB in the spot market.

Note: Some centralized exchanges (CEXs) may not be available in your country or region, so it's best to check with the exchange's customer service or check the exchange's announcements. As for tax issues, you can check with your local department for more information.

See this link for details on how to buy PRO：https://www.coincarp.com/zh/investing/how-to-buy-propy/

MEXC:

1.Create an account on MEXC Cryptocurrency Exchange to buy Propy Coins for free through the website or app.

Your MEXC account number is the easiest way to buy cryptocurrency. Before you can buy Propy(PRO), you need to open an account and pass KYC (identity verification).

Register via the MEXC App

Sign up with your email address through the MEXC website

Sign up with your mobile number through the MEXC website

2.Select how you want to buy Propy (PRO) crypto token.

Click on “Buy Crypto” in the top left corner of the MEXC website navigation to display the available methods in your region.

3.Save or use your Propy (PRO) in MEXC.

Now that you've purchased cryptocurrency, you can save it in your MEXC account wallet or send it elsewhere via blockchain transfer. You can also trade other cryptocurrencies or stake them on MEXC yield products to earn passive income (Savings, the sun shines).

4. Trade Propy (PRO) on MEXC

Trading cryptocurrencies like Propy on MEXC is simple and intuitive. Our platform is trusted by millions of cryptocurrency users. You only need to complete a few steps to start cryptocurrency trading.

See this link for details on how to buy PRO：https://www.mexc.com/zh-CN/how-to-buy/PRO？utm_source=mexc&utm_medium=tokenifoPRO&utm_campaign=tokeninfo

HitBTC\Bittrex\Upbit\HTX\Coinbase\Uniswap v3 (Ethereum)\DigiFinex\CoinEx.

How to Store PRO？

Propy Tokens (PRO) are based on the Ethereum protocol and are ERC20 tokens. Therefore, they can be stored in any wallet that supports ERC20 tokens. Here are a range of wallet types that can be used: Trezor Wallet\Ledger Wallet\Freewallet\Exodus Wallet\Coinomi Wallet\MyEtherWallet\Trust Wallet\MetaMask Wallet\Rainbow Wallet\Atomic Wallet.

Is It Safe？

PRO is well-equipped when it comes to security, particularly with the provision of hardware wallet support, offering a level of security that is ideal for the long-term storage of cryptocurrencies. In the realm of wallets for PRO tokens, hardware wallets such as Ledger Nano S are recommended for enhanced security. A hardware wallet stores tokens offline in a secure environment and is considered one of the safest methods for storing crypto assets.

Propy tokens are primarily traded on decentralized exchanges (DEXs) like Uniswap and 1inch. While DEXs offer advantages like anonymity and censorship resistance, it's crucial to ensure you're using reputable and secure DEXs with robust security measures.

How to Earn PRO Cryptocurrency？

Through Propy Platform Participation: Contribute to real estate transactions\Stake PRO tokens\Contribute to the Propy community.

Through External Activities: Earn from DeFi platforms\Participate in airdrops and giveaways\Earn through affiliate programs.

FAQs

Q: Can I trade PRO on any cryptocurrency exchange？

A: PRO is mainly traded on specific exchanges such as HitBTC, Bittrex, and Upbit.

Q: Which wallets are compatible with Propy Token？

A: Any wallet that supports ERC20 tokens can be used to store Propy Token (PRO).

Q: How does Propy Token differentiate itself from other cryptocurrencies？

A: Unlike many cryptocurrencies, PRO has a specialized focus on the real estate market and seeks to transform it using blockchain technology.

Q: Is minting involved in the Propy Token network, similar to Bitcoin mining？

A: Unlike Bitcoin, which involves mining, the Propy Token network involves a process known as “minting”.

Q: How fast are transactions processed in the PRO network compared to Bitcoin？

A: The processing time of transactions in the PRO network tends to be faster than Bitcoin, given the quicker block confirmation time on the Ethereum network on which it is based.