ET Spotlight Special Cryptocurrencies are no longer something that a select few invest in while others watch the spectacle.In the past few years, more and more people have been keen on putting their money in the blockchain and diversifying their portfolios in a unique and rewarding tool.But while the interest in cryptocurrencies continues to grow, the questions and uncertainties that some people hold are still there.One key reason behind this hesitancy is the fact that most cryptocurrencies are unregulated, and people, therefore, fear their misuse or the possibility of malicious practices.One new player in the crypto market is here to change this notion – PNP Coin.Known as the first regulated cryptocurrency globally, PNP Coin offers a physical coin and a digital wallet, something no other cryptocurrency provides.
Backed by Helios Wealth Management, PNP is eager to allow investors to enter the world of crypto with a regulated and comparatively safer option.One physical PNP Coin is said to be equal to 1000 PNP tokens, which is given as a token of assurance.
How is PNP Coin regulated?
The Indian government, much like those across the world, has been preparing and considering ways in which the crypto market can be regulated.Not only will this increase people’s confidence in the market, but it can also offer some form of stability to the market.And PNP Coin is a boon to all those who have been keen on the crypto industry being regulated.
It is the world’s first regulated cryptocurrency.
How does the process work, you ask? Well, the investors submit all the necessary KYC information before they are provided with a wallet address.This simple step ensures that crypto trading is monitored and reduces the chances of illegal transactions.
To avoid any illegal transaction, PNP Coin is introduced as a regulated cryptocurrency.
How to acquire the PNP tokens?
The first step to acquire the tokens is to finish the minimal KYC criteria.Once this is done, the tokens allotted to them are instantly credited.Users need to provide their nominee information as well as their Aadhar, PAN card, and banking information for this transaction to begin.
The motivation behind PNP Coin
The PNP currency is expected to be listed on major international markets in the near future.Its introduction as a regulated cryptocurrency that is widely acknowledged across the world will be a key milestone for PNP.
The regulated status that PNP is touted to hold offers an edge to the product.And its own motivation to follow the steps of celebrated cryptocurrencies across the world is sure to help it become a much-needed new and popular option in the crypto market.
Investors and financial experts are hopeful that PNP Coin holds the potential to be a stable and valuable source like gold in the near future.If you have been eager to dip your toe in the world of crypto, but have been looking for a more controlled and regulated option, then PNP Coin may be the answer for you.Click here to know more about PNP Coin & how to invest in it.
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The article does not constitute investment advice.Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.
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