Real Estate Token Contracoin to List on ProBit Exchange
"We are happy to onboard the Contracoin token (CTCN) to the ProBit trading platform," says Ronald Chan, CEO of ProBit Exchange. "It is exciting to see blockchain technology being used in real estate and we are happy to support Contracoin in an emerging industry for which we see huge upside potential."
Disrupting a USD 228 Trillion Global Real Estate Market
Real estate is one of the largest alternative asset classes with the total global real estate market estimated to be about USD 228 trillion. The past couple of years has seen the concept of tokenizing real estate gaining momentum in many regions around the world.
"Raising capital by utilizing blockchain technology to issue tokens democratizes the whole process of buying and selling real estate," states Barry Lipscombe, CEO of Contracoin. "Removing traditionally high barriers to entry as well as intermediary fees for real estate, tokenization is an extremely attractive concept. We are happy that ProBit, a fast-growing crypto exchange that garners a Top 10 ranking in Korea, is supporting Contracoin and look forward to a successful listing partnership!"
Designed to Streamline Overseas Property Transactions
Contracoin is a global real estate blockchain-powered platform which allows property investors anywhere in the world to invest and benefit from the international real estate market.
The ERC-20 Contracoin token (CTCN) is designed to streamline overseas property transactions and overcome challenges in cross-border remittances. Eliminating complicated banking processes and excessive fees, CTCN transactions will speed up fund transfers, reduce costs and remove restrictions associated with cross border transfers. The ultimate aim is to empower Contracoin investors by enabling them to purchase real estate globally using CTCN for up to 100% of the selling price.
Leveraging blockchain technology and smart contracts to get rid of manual errors, Contracoin ensures that transactions will be secure, transparent and immutable.
The details for the CTCN token listing on ProBit Exchange are as follows:
Deposits: 13:00 (KST), October 21, 2020
Trading: 13:00 (KST), October 22, 2020
Withdrawal: 13:00 (KST), October 21, 2020
Trading Pair: CTCN/USDT
Cecilia Wong, yourPRstrategist.com