pTokens are fully backed and redeemable anytime. Users can burn pTokens to unlock and access the underlying assets verified by secure sandboxes.
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Each pToken is fully supported by its underlying asset, which can be redeemed at any moment. Holders of pTokens have the option to destroy them to reclaim their associated assets. A network of secure verification nodes confirms the pTokens submitted, triggering the burning process. Once verified, the underlying assets are unlocked and accessible to the user.
As of now, Purple Bitcoin is trading at 0.163869 USD, with a 24-hour trading volume of approximately 0 USD. The PBTC to USD price is updated in real time. Over the past 24 hours, Purple Bitcoin has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 0 PBTC in circulation out of a maximum supply of 19 314 629 PBTC.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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