Polymath is an Ethereum-based protocol that allows businesses and users to issue securities tokens.
The Polymath protocol is designed to help users create and issue tokens that are fully compliant with securities laws and regulations. At the time of writing, more than 200 tokens have been created using Polymath.
To make it easier for users to create their own tokens, Polymath launched Token Studio, a user-friendly application that allows users to reserve a ticker symbol, set preferences and rules, modify existing token settings, and more.
What Is Polymath (POLY)?
Polymath allows users to create and issue securities tokens in the form of ST-20/ERC-1400 tokens, a token standard built by Polymath developers in conjunction with legal experts, transfer agents, exchanges, and other parties.
- POLY is an ERC-20 token that serves as the Polymath network’s native token.
- Securities tokens issued via the Polymath network come in the form of ST 20/ERC 1400 tokens.
- The ERC-1400 token standard is based on the ST-20 standard previously built by Polymath, but both terms can be used interchangeably.
- To further increase compatibility with established securities token standards, Polymath introduced Polymesh in March 2021, a blockchain network expressly designed to improve the usability of security tokens.
How To Buy Polymath (POLY) on Binance.US
Please note that Binance.US only supports Ethereum (ERC-20) Polymath (POLY) token deposits and withdrawals. We will be unable to recover tokens sent to the wrong network address.
Follow us on social media to stay up to date with Binance.US news and announcements:
Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; and (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice, we make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.