What Is Poundtoken(GBPT)? Complete Guide & Review About Poundtoken

What Is Poundtoken(GBPT)?

Poundtoken (Ticker: GBPT) is a GBP-pegged stablecoin issued by Blackfridge SC Limited. pound token and its issuer are regulated by the Isle of Man Financial Services Authority (IOM FSA), making the first regulated stable coin in the British Isles. They holds 100% fiat reserves in safeguarded segregated accounts with a European bank. KPMG is appointed to provide monthly proof of reserve attestations and annual financial audits.

Important Points Table Of Poundtoken

How to Buy the Continental & Trade On Exchange?

GBPT Price Live Data

The live poundtoken price today is $1.21 USD with a 24-hour trading volume of $113,527 USD. They update GBPT to USD price in real-time. This is down 0.87% in the last 24 hours. The current CoinMarketCap ranking is #3882, with a live market cap of not available. The circulating supply is not available and a max. supply of 2,452,619 GBPT coins.

If you would like to know where to buy poundtoken at the current rate, the top cryptocurrency exchanges for trading in stock are currently Gate.io, and Bittrex. You can find others listed on crypto exchanges page.

British Isles Regulated.

poundtoken holds a Money Transmission Services Licence issued by the Isle of Man Financial Services Authority. Consumer protection is one of the Isle of Man Financial Services Authority’s three regulatory objectives.

Big 4 Audited.

poundtoken.io is the sole issuer of GBPT and is audited monthly by KPMG. Monthly assurance reports give holders of GBPT the peace of mind that their GBPT maintains its stable value.

Designed for stability, GBPT is 100% backed by GBP held in GBP-denominated bank accounts so that it’s always redeemable 1:1 for pounds sterling.

Built for Everyone

Exchanges

Enable customers to convert GBP to GBPT to hold and trade on-chain.

Businesses

Send and receive near-instant international payments to reach new customers and achieve faster cash flow.

Institutions

Make markets, simplify international remittance and take advantage of digital asset treasury, exchanges and decentralised finance in GBPT.

Individuals

Transfer money and make payments across borders and use GBPT to leverage decentralised finance and Web3.

Poundtoken key features

Fast

poundtoken facilitates fast payments using encrypted distributed ledgers providing trusted real-time verification of transactions.

Secure

poundtoken is built on audited and verified ERC20 smart contracts – transactions are encrypted and immutable.

Global

poundtoken enables settling transactions in near real-time on a global scale reducing risk for all parties.

Issue & redeem GBPT directly

1. Link and verify your business bank account
2. Deposit GBP securely and receive GBPT on-chain
3. Withdraw GBPT to your wallet

Social Poundtoken Price Estimates

This feature is in beta testing. Place your estimates for next 6 months and see what other’s are thinking about it. Data displayed are based on user input compiled by CoinMarketCap. The cut-off for estimates for each month-end is on the 21st of each month.

License

poundtoken and poundtoken.io are business names of Blackfridge SC Limited. Blackfridge SC Limited is a company incorporated in the Isle of Man under company Number 134289C. Registered Address 55 Athol Street, Douglas IM1 1BL.

Blackfridge SC Limited is licensed and regulated by the Isle of Man Financial Services Authority to carry on Class 8 (2)(a) and (4) – Money Transmission Services as a part of the Authority’s Regulatory Sandbox. Blackfridge SC Limited is registered with the Isle of Man Information Commissioner.

Funds received by Blackfridge SC Limited do not constitute deposits as defined in the Regulated Activities Order 2011 and are not covered by the Isle of Man Depositors’ Compensation Scheme.

All funds received from customers for the issuance