Exchange Proxy
If you're looking to swap Proxy, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Proxy, or some fresh information about PRXY’s price movements. And, of course, we provide you with multiple Proxy exchange options so that you can choose the offer with the best rates and lowest Proxy fees, as well as other parameters that suit you.
Proxy price chart
Here you can see the current price of Proxy, as well as Proxy price history.
Proxy price stats
To help you make a decision about exchanging your Proxy, we gathered some cold hard numbers: Proxy price chart and other stats, such as Proxy market cap.
24H HIGH $0.00049991573386
MARKET CAP $0
CIRCULATING SUPPLY 0 PRXY
24H LOW $0.00049960530801
PRXY PRICE $0.00049964534251
24H VOLUME $0
What is Proxy?
Proxy (PRXY) is a blockchain protocol designed for decentralized Bitcoin tokenization, launched in 2021 by the BTC Proxy team. It enables Bitcoin integration into Ethereum, Polygon, and Binance Smart Chain networks to facilitate a range of DeFi services.
Up-to-date Proxy news
- December 2024: PRXY experienced a price surge, increasing by over 120% in 24 hours due to renewed investor interest.
- November 2024: Proxy migrated to a new contract on Polygon to enhance scalability and security.
- October 2024: PRXY reached its all-time low price of $0.0001691, marking a recovery trajectory thereafter.
- September 2024: Proxy announced partnerships to broaden adoption in the decentralized finance ecosystem.
- August 2024: Total Value Locked (TVL) across Proxy-based applications reached $25.15 million.
Tokenomics of PRXY
Proxy (PRXY) is built on the Polygon blockchain as a utility token. It powers the Proxy network, facilitating the tokenization of Bitcoin and bridging it to DeFi platforms. PRXY has a maximum supply of 21 million tokens, with a current supply of approximately 6.57 million. It enables seamless cross-chain interactions with minimal transaction costs.
Key features of Proxy (PRXY)
Proxy (PRXY) distinguishes itself with features that drive its adoption and utility:
- Bitcoin bridging: Enables the decentralized tokenization of Bitcoin for integration into Ethereum, Polygon, and Binance Smart Chain ecosystems.
- DeFi compatibility: Facilitates Bitcoin's entry into decentralized finance applications, unlocking staking and yield farming opportunities.
- Low transaction fees: Operates on Polygon, ensuring fast and cost-efficient transactions.
- Enhanced security: Employs advanced cryptographic measures to secure cross-chain interactions.
Proxy's applications include:
- DeFi investments: Use PRXY for staking and yield farming.
- Cross-chain transactions: Transfer assets between supported blockchains effortlessly.
- Payment solutions: Utilize PRXY for low-cost and secure cryptocurrency payments.
- Governance participation: Token holders can influence network policies and upgrades.
The average fees on the Proxy Network
Transaction fees on the Proxy Network average $0.01, thanks to the Polygon blockchain's scalability. This low cost makes Proxy ideal for frequent, high-volume DeFi transactions.
The PRXY token wallets
To store and manage PRXY tokens, consider these options:
- MetaMask: A versatile wallet supporting multiple networks and custom tokens.
- Trust Wallet: Offers multi-chain support and an intuitive interface.
- Coinomi: Known for robust security and broad cryptocurrency compatibility.
- Atomic Wallet: Supports over 300 coins and tokens, including PRXY.
- Ledger Nano S: A hardware wallet providing offline storage for added security.
Swap your Proxy (PRXY) tokens effortlessly on SwapSpace to leverage the best prices. With its Proxy (PRXY) converter and live price chart, SwapSpace ensures a seamless exchange experience for all your trading needs. Explore Proxy (PRXY) prices now and maximize your crypto investments!
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People about us
SwapSpace is a great swap exchange service for DigiByte. SwapSpace is always very supportive to the project and the community
Swapspace is a valuable resource for people who want to hold crypto, but use Verge as a Currency. We are happy that our community has access to their services!
SwapSpace have been friends of DogeBonk for some time now. Our users have found SwapSpace’s service very reliable.
A simple way to exchange Proxy here at SwapSpace
Choose a pair
To help you make a decision about exchanging your PRXY, we gathered some cold hard numbers: PRXY price chart and other stats, such as PRXY market cap.
Select the best rate
You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.
Transfer funds
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
Receive your coins
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.
Frequently asked questions
Will Proxy go up?
Is Proxy a good investment?
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