Patex Expands Global Reach, Lists Native Token on Major CEX and DEX Platforms

São Paulo, Brazil, March twelfth, 2024, Chainwire

Main Latin America-focused blockchain ecosystem Patex is delighted to announce the itemizing of its native token $PATEX on a number of main buying and selling venues. The landmark growth marks a brand new chapter within the platform’s journey to reinforce blockchain accessibility and utility all through the Spanish-speaking world.

The $PATEX token will probably be obtainable for buying and selling on three tier-1 centralized exchanges (CEXs) – KuCoin, Gate.io, and MEXC – in addition to on distinguished decentralized exchanges (DEXs) Uniswap and PancakeSwap. The strategic itemizing on each centralized and decentralized buying and selling platforms is meant to make sure a seamless expertise for buyers worldwide. The launch of $PATEX is scheduled for 11am UTC on March 12, with the buying and selling pair PATEX/USDT.

Because the native asset of the eponymous community, $PATEX performs a key position in enriching the ecosystem’s suite of numerous choices. The token is designed to spice up the utility of a number of Patex merchandise, comparable to its progressive Layer-2 Community and the C-Patex buying and selling platform. Moreover, $PATEX holders achieve entry to unique options and the chance to earn rewards, deepening their engagement with the ecosystem.

Acknowledged because the “Best LATAM Blockchain Ecosystem of the Year” at November’s Future Innovation Summit in Dubai, Patex is dedicated to delivering cutting-edge blockchain options tailor-made to the wants of its chosen market. The ecosystem’s potential and influence have been acknowledged by high Brazilian fund Acura Capital, which has invested $10 million within the enterprise thus far.

With a spotlight on Latin America, a area boasting over 670 million folks and a GDP of $5.5 trillion, Patex is strategically positioned to faucet right into a market ripe for blockchain innovation and adoption. The area’s urge for food for blockchain is notable. Final 12 months, El Salvador grew to become the primary nation on the planet to formally make Bitcoin a authorized tender. Many Latin American international locations have excessive unbanked populations and endure from excessive inflation charges, making crypto funding engaging.

The itemizing of $PATEX on 5 main buying and selling platforms, centralized and decentralized, is a major step in the direction of increasing Patex’s world attain and affect, with the token set to profit from the deep liquidity and safety of those established venues. Holders of the token can even stake the asset in 30, 120, and 365 staking swimming pools on Patex, swimming pools that grant APY of 20%, 25% and 33% respectively. 

About Patex

Patex is a blockchain ecosystem providing a variety of merchandise and providers for customers in Latin America. Backed by Brazilian funding agency Acura Capital, Patex’s suite consists of an L2 Community, schooling platform (Patex Campus), SDK, Explorer, and Pockets. Going ahead, Patex has plans to work together with governments on regulation and certification and goals to grow to be the muse for CBDC within the LATAM area.

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Ricardo Da
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