Interested in the PayperEx coin / ICO?
PayperEx (Payper Exchange) is a technology based on blockchain whose goal is to decentralize the stock market through the creation of an alternative trading network. PayperEx aims to introduce Wall Street to the world of the blockchain.
Wondering if PayperEx is a scam coin? It’s definitely not. Read this review for all the details.
What Is PayperEx?
The ultimate aim of PayperEx is to offer millions of people the chance to enjoy the benefits of stock market easily and cheaply via buying “paypers”.
PayperEx offers you the chance to get into the cryptocurrency market at a low offer price. I am sure you regret not buying Bitcoin when it was priced at $1, me too.
How Does PayperEx Work?
The solution of payperEx involves the trading of Paypers that represent other assets and based on blockchain technology. The system has some key elements:
PAX Private Wallet
This is a payment service which allows people around the globe to receive and send money while maintaining control over the funds. The transactions are made in an easy and secure method that involves P2P payments.
Buy/ Sell Order Book
PayperEx has an ingenious matching engine which is innovative and made on blockchain technology. Most importantly, payperEx has a buy/sell order book which lets the user have a view of all available orders. In order to give a clear picture of every market activity, the order book is updated
Control Over Future Orders
The user can trade with orders like Buy Limit orders, Stop Loss, Take profit, and Sell Limit Order and exercise full control.
These tokens are offered during the progress of payperEx ICO. Spend PAX tokens to buy Paypers sold via PayperEx. The tokens can be traded after seven days of completion of the ICO.
Paypers are based on shares. Every trading carried out on the payperEx platform is carried out on paypers. The basis of paypers is financial instruments such as Ethereum and Bitcoin. For every asset, there will be issued a rationed a number of paypers.
Features Of PayperEx
PayperEx has the following specifications:
Blockchain technology: This technology is used to come up with an efficient, secure and transparent transaction environment.
Matching Engine: Similar to other exchanges, payperEx includes a matching engine that matches buyers to sellers in an environment that is peer to peer.
API Services: PayperEx will let all users in the whole world make an integration into the network with a safe API which has blockchain technology as a basis. The API will give payperEx the rights to add trading features from third parties in order to provide a unique and complete trading experience.
The PayperEx ICO
This will lead to the release of PAX tokens. The ICO will take place between 21st Aug and 19th December 2017. Only during the crowdsale will the PAX be issued. After it is finished, there won’t be a generation of future tokens.
Who is Behind PayperEx?
Menahem Maya and Yanuv Baruch are the co-founders of PayperEx. The two have more than 14 years experience in finance.
This concept was initially started in 2017. In May, the development of the application, website, and the private wallet. In July, the cryptocurrency exchange integration was made. The crowdsale and ICO took place in Aug and Sep. By the second quarter of 2018, PayperEx hopes to release the product to the general public.
PayperEx sounds like a great idea and is a cryptocurrency that I will be keeping a close eye on. The ICO has now finished and I have not invested however I will be keeping a close eye on this coin when it hits exchanges to see how the price reacts.
Once the platform is fully developed, it will be interesting to see how it goes and whether it can really deliver on what it claims. The launch date of the platform is the second quarter of 2018.