polyx inr trading

What is the New POLYX/INR pair on Pi42?

Greetings, Pi42 traders!

We’re excited to announce the arrival of Polymesh (POLYX) on our platform! Now, Indian investors can leverage Pi42 to explore the revolutionary world of security tokens traded directly with Indian Rupee (INR).

What is Polymesh (POLYX)?

Polymesh is a groundbreaking blockchain built specifically for regulated assets – a game-changer in the traditional financial landscape. Polymesh offers:

  • Security Token Issuance & Management: Easily create, manage, and trade security tokens representing real-world assets like stocks, bonds, and real estate.
  • Enhanced Compliance: Built-in compliance features streamline the process of adhering to relevant financial regulations.
  • Institutional-Grade Security: Polymesh prioritizes robust security measures, fostering trust for institutional investors and issuers.

Key Features of Polymesh (POLYX):

  • Permissioned Blockchain: Polymesh operates as a permissioned blockchain, ensuring a secure and controlled environment for regulated assets.
  • Customizable Security Tokens: Issuers can tailor security tokens with specific features and compliance requirements.
  • Interoperability: Polymesh is designed to integrate with existing financial systems, fostering wider adoption.

Ready to Explore Polymesh (POLYX)?

Here’s a quick guide to get you started:

  1. Login: Access your Pi42 account.
  1. Navigate: Head to the trading terminal.
  1. Select the Pair: Choose POLYX-INR from the dropdown menu.
  1. Define Your Position: Enter your desired investment amount, select your preferred leverage, and adjust the percentage according to the minimum asset requirements.
  1. Set Limits (Optional): Establish Take Profit and Stop Loss orders to manage your risk.
  1. Execute Your Trade: Click “Buy/Long” or “Sell/Short” based on your market analysis.
  1. Track Your Trade: Monitor your open positions in the “Orders and Positions” section below the trading chart.

Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.