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Table Of Contents
Propy is looking to change the way international real estate is transacted, by automating much of the process through the implementation of blockchain technologies. With this goal in mind, Propy has developed a comprehensive system that assists buyers and sellers alike to complete real estate transactions with ease.
Propy notes that as it stands, the real estate industry is plagued by a few persisting issues – Intermediaries, delayed communication, and unnecessary repetition. Each of these resulting in increase time, and cost requirements – and all of which can be solved through blockchain automation.
For those interested in its services, Propy breaks down the steps when purchasing through its platform to show just how simple it can be.
- Select a Property (full listings on propy.com)
- Purchase and Sale Agreement Generation (automated)
- Additional Documents (title reports, disclosures, settlement statements, etc.)
- Payment (FIAT or Crypto)
- Title Deed (buyer receives titled deed with recorded blockchain address)
In addition to these services, Propy is one of the first companies to facilitate the sale of real estate NFTs.
Underpinning the entire Propy ecosystem is its native utility token known as ‘PRO’. Built atop the Ethereum network, PRO tokens have a hard-cap of 100M. These tokens are used to pay fees within the platform when taking certain actions such as document creation, asset sales, etc.
We list the top 4 exchanges that offer the ability to buy Propy (PRO) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry with over 9,000,000 users, and over $207 billion in quarterly trading volume.
From humble beginnings, Kraken now offers over 200 digital assets including Propy (PRO). For more sophisticated investors Kraken also offers futures and margin trading.
Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens. Users can also earn up to 23% in rewards annually by staking select digital assets.
Kraken offers trading access to over 190 countries including Australia, Canada, Europe, and is our most recommend exchange for USA residents. (Excluding New York & Washington state)
Established in 2013, Huobi Global has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, Huobi now serves more than 5 million users in over 130 countries around the globe. It should be noted that Huobi Global currently does not accept USA or Canadian residents.
Huobi Global is one of the top exchanges that currently offers Propy (PRO) trading opportunities.
Bittrex is an exchange which currently enables you to buy and trade Propy (PRO). Bittrex is a leading cryptocurrency exchange that provides the widest selection of cryptocurrencies. It is known in the industry for being one of the few exchanges that does not charge listing fees for different projects, supporting its reputation for integrity.
HitBTC is one of the oldest exchanges with high volume and a large number of altcoins, including Propy (PRO). Unfortunately, there are reports of customer service complaints. As such, we have listed this exchange last, and highly recommend the above exchanges instead. Nevertheless, due to the low number of exchanges currently offering this cryptocurrency, HitBTC has made our list.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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