Global crypto exchange KuCoin has announced the listing of Propy (PRO), a token that powers a blockchain-based real estate platform. The listing on KuCoin gives traders access to the native token of a platform that offers a fully digital, on-chain workflow for buying and selling property.
According to the , KuCoin will enable PRO/USDT spot trading today June 3, following a one-hour call auction starting at 13:00 UTC. However, withdrawals will be available starting at 10:00 UTC tomorrow June 4.
It’s worth noting that the PRO token has a circulating supply of 100 million, and traders can monitor live price updates on KuCoin’s .
This new listing will also plug right into KuCoin’s suite of automated trading bots. Users will be able to apply strategies such as Spot Grid, DCA, Infinity Grid, Smart Rebalance, and AI Spot Trend. These options allow for automated trading based on price patterns and portfolio rebalancing.
Propy is a blockchain-based platform that streamlines the real estate transaction process. Founded in 2017 by Propy Inc., the platform offers a fully digital, onchain workflow for buying and selling property.
With Propy, steps such as submitting offers, conducting due diligence, and recording deeds are executed through smart contracts. All this crucial data gets permanently stored on the blockchain. That allows for instant verification and seriously cuts down the risk of document tampering.
The PRO token serves multiple functions within the platform’s ecosystem. It enables smart contract operations, facilitates onchain title recording, and is used to mint and stake digital property addresses.
Notably, the addition of may increase liquidity and accessibility for users interested in real estate-backed crypto solutions.
This listing also highlights KuCoin’s strategy of supporting tokens with real-world applications beyond speculative trading. Recent tokens debuting on the 40 million+ users on the exchange include Edgen, DEFAI, and Shardeum, among others.
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