PRO
Reputation Ratings

PRO

Propy 5-10 years
Website https://propy.com/
Browser
OTH RELPs
Github
White Paper
Avg Price
0.00%
1D

$ 0.00 USD

$ 0.00 USD

Market Cap

$ 68.65 million USD

$ 68.65m USD

24h trading volume

$ 5.179 million USD

$ 5.179m USD

7d Vol

$ 30.336 million USD

$ 30.336m USD

Circulating supply

100 million PRO

Related information

Issue Time

2017-09-20

Platform pertained to

--

Current price

$0.00USD

Market Cap

$68.65mUSD

Volume of Transaction

24h

$5.179mUSD

Circulating supply

100mPRO

Volume of Transaction

7d

$30.336mUSD

Change

24h

0.00%

Number of Markets

21

Github Messages

More

Warehouse

Propy

Github's IP Address

[Copy]

Codebase Size

5

Last Updated Time

2020-10-30 23:30:07

Language Involved

TypeScript

Agreement

MIT License

Token conversion

/

Current Rate0

Available

0.00USD

Calculate

Historical Price

Introduction

Markets

3H

0.00%

1D

0.00%

1W

0.00%

1M

0.00%

1Y

0.00%

All

0.00%

No data
Aspect Information
Short Name PRO
Full Name Propy Token
Founded Year 2017
Main Founders Natalia Karayaneva
Support Exchanges CoinCarp, HTX, Coinbase, Uniswap v3 (Ethereum), DigiFinex, MEXC, CoinEx, Bitrue, HitBTC, Upbit
Storage Wallet Any ERC20 compatible wallet; e.g.Trezor Wallet, Ledger Wallet, Freewallet, Exodus Wallet, Coinomi Wallet, MyEtherWallet, Trust Wallet, MetaMask Wallet, Rainbow Wallet, Atomic Wallet
Customer Support Facebook, Instagram, Twitter, Discord, Telegram

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.

To obtain more information, you can visit their website: https://propy.com/home/ and try to log in or register to use more services.

PRO's homepage

Pros and Cons

Pros Cons
Based on the Ethereum protocol Predominantly traded on fewer exchanges
Can be stored in any ERC20 compatible wallet Its value and stability is subject to market conditions
Decentralized method of exchange
Pros:

1. Based on the Ethereum protocol: This gives Propy Token the security and functional advantage of a well-established, widely used protocol. It also adds to the interoperability of Propy Token as it can seamlessly interact with other tokens based on the same protocol.

2. Can be stored in any ERC20-compatible wallet: Propy Tokens (PRO) can be stored in any wallet that supports ERC20-compatible cryptocurrencies. This provides PRO token holders with the benefit of flexibility and convenience as they can choose from a variety of wallets.

3. Decentralized method of exchange: As a decentralized cryptocurrency, PRO is not subject to governmental control which can sometimes lead to loss of value due to political or economic instability.

Cons:

1. Predominantly traded on fewer exchanges: While PRO is traded on certain major exchanges like HitBTC, Bittrex, and Upbit, this does limit the potential for liquidity and access to a wider pool of traders.

2. Its value and stability is subject to market conditions: Like any other cryptocurrency, the price of PRO is highly volatile and can fluctuate depending on current market conditions, which can expose PRO token holders to potential investment risks.

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.

Propy Wallet

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.

What Makes PRO Unique?

Unlike many cryptocurrencies, which aim for a wide variety of applications, PRO has a targeted use case, which makes it unique among many cryptocurrencies. It also distinguishes itself by working closely with government offices worldwide to enable the title registry on blockchain. It is worth noting, however, that the market scenario and regulatory environment can significantly affect the success and acceptance of such a specialized token.

In terms of technical aspect, PRO is identical to many other tokens because it is based on the Ethereum blockchain, making it an ERC20 token. This means that it integrates smoothly into most existing Ethereum infrastructure and can be stored in any wallet that supports the widely-used ERC20 standard.

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.

Processing time for transactions in the PRO network is relatively quicker when compared to Bitcoin, considering Ethereum's faster block confirmation time. However, transaction speed can still be affected by the overall network congestion and the gas price set for the transaction.

Therefore, compared to cryptocurrencies like Bitcoin, which operate based on Proof-of-Work and require considerable computational resources for mining, the operation of PRO is more energy-efficient and accessible. However, this also means its security and decentralization level is tied to that of the Ethereum network.

Market & Price

Airdorp of PRO

Genesis Airdrop (October 2020): The very first Propy airdrop, aimed at early supporters and advisors, distributed 1% of the total PRO token supply (1 million tokens). This initial airdrop laid the foundation for the community and signaled Propy's commitment to rewarding those who believed in its vision.

  • Liquidity Mining Airdrop (June 2021): This airdrop incentivized users to provide liquidity on decentralized exchanges (DEXs) by rewarding them with PRO tokens based on their contributions. This helped boost liquidity for the PRO token and facilitated easier trading.

  • NFT Marketplace Airdrop (September 2021): The launch of the Propy NFT Marketplace was accompanied by an airdrop to early adopters who interacted with the platform. This encouraged participation and helped establish the marketplace as a key player in the real estate NFT space.

  • Referral Airdrop (Ongoing): This ongoing program rewards users who refer new participants to the Propy platform with PRO tokens. This incentivizes organic growth and community building, driving further adoption of the Propy ecosystem.

  • Partner Airdrops (Various Dates): Propy has partnered with other projects and communities to conduct airdrops of PRO tokens to their respective user bases. This broadens Propy's reach and introduces the token to new audiences.

  • Price

    The price of Propy Token (PRO) has been on a wild ride lately, experiencing significant fluctuations across various timeframes.

    Overall:

    • Current price: $0.5112 (as of January 29, 2024, 4:43 PM PST)

    • Market cap: $51.12 million

    • Circulating supply: 100 million PRO

    • 24-hour trading volume: $2.05 million

    Recent fluctuations:

    • 1 hour: +2.2%

    • 24 hours: +2.2% (a slight rebound after a 4% dip earlier in the day)

    • 7 days: -0.82%

    • 30 days: -11.11%

    • 60 days: +54.87% (significant surge)

    • 90 days: +89.36% (even steeper spike)

    Historical highs and lows:

    • All-time high: $6.15 (reached in November 2021)

    • All-time low: $0.0877 (touched in June 2023)

    Factors influencing the price:

    • General market sentiment: The broader cryptocurrency market has been volatile in recent months, which can impact individual tokens like PRO.

    • Adoption and usage of the Propy platform: Increased use of the platform for real estate transactions could drive demand for PRO tokens and boost the price.

    • News and developments: Positive news or partnerships related to Propy can trigger price increases, while negative news can lead to selloffs.

    • Trading activity: High trading volume can lead to increased price volatility.

    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.

    CoinCarp

    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.

    MEXC

    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: Known for being a platform that offers a wide array of cryptocurrencies for trading. It supports multiple trading types, including limit, market, and stop limit orders.

    Bittrex: It is a popular exchange headquartered in the United States that offers a wide range of cryptocurrency trading options. It is known for its secure platform and user-friendly interface.

    Upbit: One of the leading exchanges in South Korea, Upbit provides a wide spectrum of coins, including PRO for trading.

    HTX: The official name of the exchange is not very clear from the abbreviation. Please provide more accurate details.

    Coinbase: An American cryptocurrency exchange that offers a platform for buying, selling, and storing an array of digital assets. It is recognized for its intuitive interface and robust security measures.

    Uniswap v3 (Ethereum): This is a decentralized exchange protocol built on Ethereum. It allows for the swapping of any two ERC-20 tokens directly from your wallet.

    DigiFinex: A Singapore-based digital asset trading platform, DigiFinex provides various trading and investment options for digital currencies.

    CoinEx: Based in Hong Kong, CoinEx supports cryptocurrency spot trading, futures trading, and other derivatives. It prides itself on its security and speed.

    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:

    1. Trezor Wallet: A hardware wallet offering secure offline storage for a variety of cryptocurrencies. It uses advanced cryptographic techniques to secure private keys.

    2. Ledger Wallet: Another hardware wallet, Ledger allows for secure cold storage of a wide number of cryptocurrencies. It is praised for its durability and robust security measures.

    3. Freewallet: A web, mobile, and desktop wallet supporting a variety of cryptocurrencies. It also offers fee-free transactions within the platform. Freewallet is known for its user-friendly interface.

    4. Exodus Wallet: A software wallet that's available on mobile and desktop. Exodus supports a wide range of cryptocurrencies and includes built-in exchange features.

    5. Coinomi Wallet: A multi-coin wallet available for mobile and desktop users. The main features of Coinomi include robust privacy features and an intuitive user interface.

    6. MyEtherWallet: An open-source, client-side interface for Ethereum and ERC-20 tokens. It allows users to interact directly with blockchain while remaining in full control of their keys and funds.

    7. Trust Wallet: Originally an Ethereum wallet, Trust Wallet now supports a wide range of tokens. This wallet emphasizes compliance with the most recent security standards.

    8. MetaMask Wallet: A software wallet that allows you to interact with the Ethereum blockchain, MetaMask is actually more than just a wallet: it's a bridge that allows you to run Ethereum dApps right in your browser without running a full Ethereum node.

    9. Rainbow Wallet: Rainbow is an Ethereum Wallet that provides a secure and fun way to store your ETH and ERC-20 tokens. It's designed to make buying, holding, and spending Ethereum-based assets safe, secure, and fun!

    10. Atomic Wallet: A multi-currency wallet that allows for easy management of popular cryptocurrencies. Atomic Wallet provides a powerful, in-demand service that allows users to reduce effort spent on managing crypto assets and makes it transparent and reliable.

    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.

    While Propy itself focuses on secure real estate transactions, its token storage and trading aspects necessitate additional caution.

    How to Earn PRO Cryptocurrency?

    Through Propy Platform Participation:

    • Contribute to real estate transactions: By participating in real estate transactions facilitated by the Propy platform, you can earn rewards in PRO tokens. This includes roles like buyers, sellers, agents, and escrow agents.

    • Stake PRO tokens: Propy offers staking programs where you lock your PRO tokens for a specific period and earn rewards in return. The longer you stake, the higher the potential rewards.

    • Contribute to the Propy community: Actively engaging with the Propy community through forums, social media, or contributing to development efforts can lead to rewards in PRO tokens.

    Through External Activities:

    • Earn from DeFi platforms: Several DeFi platforms that integrate with the Ethereum blockchain, where PRO resides, offer opportunities to earn interest or rewards on your PRO tokens through lending, liquidity pools, or yield farming.

    • Participate in airdrops and giveaways: Keep an eye out for potential airdrops or giveaways of PRO tokens from the Propy team or partner organizations.

    • Earn through affiliate programs: Some platforms might offer rewards in PRO for referring new users or promoting Propy services.

    Conclusion

    Propy Token (PRO) is a unique cryptocurrency focused on addressing inefficiencies in the real estate sector using blockchain technology. Distinctively targeted in its use case and operational on the Ethereum protocol as an ERC20 token, it offers a new proposition for potential investors and industry enthusiasts.

    PRO's future development prospects largely hinge on the adoption of blockchain in the real estate sector and the broader regulatory environment. Success in these areas may result in positive growth for PRO.

    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.

    Risk Waring

    Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.

User Reviews

More

4 ratings

Participate in evaluation
FX1127340201
The registration and verification process is unexpectedly complicated, and PRO's interface is neither reasonable nor easy to use. Also, customer support is slow to respond and inefficient, which is really disappointing.
2023-12-20 20:07
7
0
paul97327
PRO’s transaction fees are very expensive, and according to anecdotal reports, their customer support is slow! This is very inconvenient for me.
2023-12-12 07:57
7
0
FX1063267523
The registration and verification process is unexpectedly complicated, and PRO's interface is neither reasonable nor easy to use. Also, customer support is slow to respond and inefficient, which is really disappointing.
2023-10-08 00:16
5
0
Jenny Chen
I like PRO this cryptocurrency trading platform very much. Its interface is easy to operate and very suitable for various trading needs. Plus, transaction fees here are amazingly low!
2023-11-08 06:03
3
0

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