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What is pNetwork (PNT) coin and how does it work?

by Financial Economy
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pNetwork is a Blockchain project that allows users to perform cross-chain decentralized finance (DeFi) transactions. The native cryptocurrency of the project is the PNT coin, one of the altcoins. Information about some topics that what is pNetwork (PNT) coin, how does it work, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about Selfkey (KEY) coin.

What is pNetwork (PNT) coin and how does it work?

pNetwork is a Blockchain project that allows users to perform cross-chain decentralized finance (DeFi) transactions. The native cryptocurrency of the project is the PNT coin. Besides DeFi services, the project also allows users to access decentralized applications (dApps) in different networks.

Having a decentralized and open-source structure, the platform is managed as a decentralized autonomous organization (DAO) where users can gain voting rights over ownership. Moving cryptocurrencies between different blockchains takes place via PTokens bridges.

How to use PNT token?

PNT coin is the native cryptocurrency of the pNetwork project. Ethereum and Binance Smart Chain blockchains have versions built with the ERC-20 and BEP-20 smart contract, respectively. PNT also works as the governance token of the DAO. By spending their tokens, PNT holders can participate in the management of the platform and vote for the exchange.

Token holders can also bid on the community for the exchange of the platform. Governance based on PNT ownership is key to the decentralization of the network. Apart from governance, PNT has various use cases within the network. The PNT coin can be used in the DeFi services offered by the platform. Token holders can move their assets between blockchains without any loss.

pNetwork coin features!

The platform, which aims to facilitate the movement of assets between blockchains, has achieved this goal. Users can easily move their cryptocurrencies from one blockchain to another. Besides, cryptocurrencies are not the only assets that can be moved. Users can also move non-changeable tokens (NFT) and smart contract interactions via cross-chain transfer.

Allowing tokenized assets to many blockchains such as Bitcoin, Ethereum, Dogecoin and Polygon, the platform also allows communication between blockchains. Users also have the opportunity to earn passive income through staking and lending through pNetwork.

Which exchange is pNetwork coin on?

PNT coin is listed on some cryptocurrency exchanges such as Binance, BingX, KuCoin, Gate.io, XT.COM, etc.

How to buy PNT coins?

pNetwork coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

PNT coin supply!

Total supply of pNetwork coin is 87.166.191 PNT.

PNT coin price!

As of May 26, 2022, at the time of the writing, 1 pNetwork coin price is around $0,23 (because of the volatility the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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