Populous World Announces The Launch of PopEX

This article was first published on Stories by Populous World on Medium
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FOR IMMEDIATE RELEASE

Wednesday 12th August 2020, London, United Kingdom

Populous World the company behind the Populous Invoice PlatformPIP’ is officially announcing the release of the Populous ExchangePopEx’. The sole purpose of PopEx is to further bring together the world of crypto and traditional finance under one roof, making it easier for users to access and trade various cryptocurrencies while also giving users direct access to traditional financial markets such as invoice finance via the PIP.

PopEx has been created with the same and enhanced security design which is currently used by the Populous Invoice Platform. The wallet functionality of the PopEx has now been integrated into the PIP making it a one stop shop for depositing and withdrawing your tokens for use on the PIP. This also includes major updates to the PIP platform, optimising and removing the use of smart-contract in favour of the exchange.

This means instantaneous deposits, withdrawals for investors without the need to wait for smart contract deposit addresses to be generated. For invoice sellers we’ve focused mainly on the speed of uploading invoices i.e. connecting various accounting services such as Xero and Sage to allow clients to seamlessly sync hundreds of invoices, and start auctions on the PIP platform.

Steve Nico Williams — ‘Not only have we built a world class exchange that is integrated with our invoice platform, we have also obtained regulated approval to conduct business in the areas of exchange trading and custody of cryptocurrencies’.

In order to reward loyal holders of the Populous World’s PPT and PXT tokens, we have introduced a stake-based fee system; the more you hold PXT or PPT in your account, the lower your fee on subsequent trades. Furthermore PopEX has been designed and built by an experienced team of crypto and ...

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Stories by Populous World on Medium

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