CryptoMode Forex Trading

New York – December 10, 2020 – PlasmaPay, a global, digital payment platform enabling seamless entry into decentralized finance, has announced the listing of its native token, PPAY,  on Bithumb Global and Uniswap. Trading is now available.

In tandem with the token listing, PlasmaPay has launched Plasma.Finance, the DeFi dashboard, and portfolio management service. It reveals an incentive program for liquidity mining and pre-staking. The PPAY (ERC20) token is integral to the platform and can be used for purchases and incentives within Plasma.Finance, incurring zero transaction fees. Linked with each Plasma.Finance DeFi contract, PPAY enables: swaps, rewards, liquidity mining, staking, and governance. PPAY can also be used as collateral for lending, or be borrowed by providing other collateral. By holding PPAY, users will be able to participate in project governance including voting for fees, protocol changes, and updates, and deciding upon the future direction of the Plasma DeFi protocols by resource and fund allocation.

“This is a significant milestone for PlasmaPay, with our PPAY token listing on Bithumb Global, South Korea’s best-known exchange, and Uniswap on the same day. It is yet another indicator that the decentralized financial economy is fast approaching,” said Ilia Maksimenka, Founder and CEO of PlasmaPay. “Helping PlasmaPay to cement itself in the Asian market, Bithumb Global’s support is furthering our goal of bringing DeFi to the masses with language support for Korean, English, Spanish, Hindi, Chinese, and Japanese.”

Through the PPAY all-in-one DeFi token, the rapidly growing PlasmaPay community and applications have access to rewards, staking, and governance. Built on the Plasma Chain, a first layer protocol optimized primarily for cross-border payments and digital currency innovation, PlasmaPay will now be able to offer its many benefits, from zero transaction fees to industry-leading UX, to the 8 million Bithumb Global and Uniswap customers.

Launched in January 2014, Bithumb Global has become the largest cryptocurrency exchanges in Korea with the most traded volume in the world by January 2017, just three years after launch. With low fees, real-time data charting, a trio of spot trading options (easy, general, reserved), mobile support, and brick and mortar support center, it is also the most popular cryptocurrency trading platform in South Korea.

Bithumb Global Managing Director, Javier Sim, said, “As the market leader in South Korea, one of the most technologically advanced countries in the world, with a strong history of innovation, we are delighted to facilitate further functionality through token listings like PlasmaPay. A rising star in the DeFi economy, PlasmaPay is the first project to launch a DeFi aggregator platform with its own Swap and DeFi protocols, and fiat ramps. ”

Uniswap is a decentralized exchange protocol for automated liquidity provision on Ethereum which empowers developers, liquidity providers, and traders to participate in a financial marketplace that is open and accessible to all. Uniswap raised $11 million in Series A funding in June 2020. The round was led by Andreessen Horowitz.

The listing comes off the back of a number of recent partnership announcements from PlasmaPay, including Elrond and Kava Labs, as the platform continues to develop access to digital assets for novices to blockchain experts across the globe.


About PlasmaPay

PlasmaPay is a global digital payment platform enabling seamless entry into decentralized finance. PlasmaPay provides industry-leading UX, crypto/fiat wallets, and fiat on/off ramp services to more than 100,000 cryptocurrency users from over 160 countries via mobile and desktop apps. Headquartered in Tallinn, Estonia, PlasmaPay uses blockchain technology to allow users to securely store crypto and fiat currency, buy and exchange digital assets, send and receive cross-border payments, and build payment networks with zero transaction fees.

The launch of native token PPAY will be the underlying utility of the upcoming Plasma Finance Dashboard, built to be the operating system for the entire DeFi ecosystem. CEO and Founder Illia Maksimenka, along with a highly talented team of 40+ cybersecurity developers, economists, and business professionals are deeply committed to their mission of creating an open, intuitive financial platform that will allow the world to unlock the full potential of blockchain technologies.

Follow PlasmaPay on Twitter

Visit the PlasmaPay Website: www,plasmapay.com/

Follow PlasmaPay on Medium

Join the Telegram Community

About Bithumb Global

Bithumb Global is a digital asset trading platform providing world-class cryptocurrency trading services to users worldwide. Derived from Bithumb, one of the most popular cryptocurrency trading platforms in South Korea, Bithumb Global enables each global user to trade, participate, or contribute to the digital assets ecosystem.

For more information, please visit https://www.bithumb.pro/en-us.

About Uniswap

Uniswap is a decentralized exchange protocol for automated liquidity provision on Ethereum which empowers developers, liquidity providers, and traders to participate in a financial marketplace that is open and accessible to all. Uniswap raised $11 million in Series A funding in June 2020. The round was led by Andreessen Horowitz.


Looking to advertise? We will gladly help spread the word about your project, company, or service. CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio. Contact us if you have any questions: [email protected]