Polytrade (TRADE) is a blockchain-based decentralized protocol that transforms receivables financing by connecting buyers, sellers, insurers, and investors. It is the first marketplace focused exclusively on tokenized real-world assets (RWAs), including Tbills, credits, stocks, real estate, commodities, collectibles, and more. The native currency, TRADE, is an integral part of the ecosystem, serving as both a utility and governance token. The platform aims to bridge traditional finance with decentralized technology, offering a comprehensive marketplace for discovering, trading, and fractionalizing RWAs.
Polytrade (TRADE) is the native token of the Polytrade platform, which is a blockchain-based decentralized protocol focused on tokenized Real-World Assets (RWAs). The token serves several purposes within the ecosystem:
Governance: TRADE token holders can participate in the governance of the Polytrade platform by voting on proposals and decisions that shape the project's future.
Rewards: Users can earn TRADE tokens as rewards for participating in the platform's activities, such as providing liquidity.
Access to Services: The TRADE token can be used to access various services within the Polytrade ecosystem, including the marketplace where users can discover, trade, fractionalize, and leverage tokenized RWAs.
Payment Instrument: TRADE is the key payment instrument within the Polytrade platform, facilitating transactions and increasing trust between parties involved in receivables financing.
Collateral: TRADE tokens can be used as collateral in Timeswap, adding another layer of utility to the token.
Overall, the TRADE token is integral to the Polytrade ecosystem, enabling users to engage with the platform's features and services while also providing a means of governance and rewards.
To store Polytrade (TRADE) tokens, you have several options:
KuCoin Account: You can store your TRADE tokens in your KuCoin account, which provides quick access to trading products like spot and futures trading, staking, and lending. KuCoin serves as the custodian of your crypto assets, ensuring security and convenience.
Non-Custodial Wallets: For enhanced security and control, you can withdraw your TRADE tokens to a non-custodial wallet. This option grants you complete control over your private keys, but you must ensure their secure storage to avoid loss.
Blockchain Network Wallet: After purchasing TRADE tokens, they will be automatically stored in your blockchain network wallet address, providing a decentralized storage option.
Each method has its pros and cons, so it is essential to consider your needs and preferences when choosing how to store your Polytrade tokens.
To buy Polytrade (TRADE) tokens, follow these steps:
Choose a Cryptocurrency Exchange:
- Select a reputable exchange like KuCoin, CoinEx, gate.io, or MEXC. Each exchange has its own features and fees, so research and compare them to find the best fit for your needs.
Create an Account:
- Sign up on the chosen exchange by providing necessary information such as your email address, a secure password, and completing any required identity verification steps.
Fund Your Account:
- Add funds to your exchange account using various payment methods such as credit/debit cards, bank deposits, or peer-to-peer trading. Ensure you understand the fees and options available on your chosen exchange.
Buy Polytrade (TRADE):
- Navigate to the exchange's Buy & Sell section, select Polytrade (TRADE) as the cryptocurrency you want to buy, and enter the amount you wish to purchase. Confirm your transaction to complete the purchase.
Transfer to Your Wallet (Optional):
- Once you've purchased your Polytrade (TRADE), you can either hold it in your exchange account or transfer it to a personal cryptocurrency wallet for additional security and flexibility.
Remember to research and compare exchanges, payment methods, and fees to ensure a smooth and secure transaction.
