PMA

PumaPayPMA

Rank #779
Token
On 3,588 watchlists

PumaPay Price (PMA)

$0.0001947
0.57%

<0.00000001 BTC

0.0000001601 ETH

Low:$0.0001829
High:$0.0001980
24h
PMA  PumaPay PMAPrice: $0.0001947 0.57%
Market Cap
$5,225,270
0.57%
Fully Diluted Market Cap
- -
Volume
24h
$41,041
24.85%
Circulating Supply
26,831,422,231 PMA
Total Supply
78,042,956,829

PumaPay Chart

 

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About PumaPay

PumaPay price today is $0.000195 USD with a 24-hour trading volume of $41,041.47 USD. PumaPay is up 0.57% in the last 24 hours. The current CoinMarketCap ranking is #779, with a market cap of $5,225,270 USD. It has a circulating supply of 26,831,422,231 PMA coins and the max. supply is not available.

The top exchanges for trading in PumaPay are currently OKEx, HitBTC, Upbit, Bittrex, and ChainX. You can find others listed on our crypto exchanges page.

What Is PumaPay (PMA)?

PumaPay is a crypto payment solution for businesses that provides a suite of services aimed at revolutionizing how merchants accept cryptocurrency payments and making cryptocurrencies more accessible than ever before. The main goal of PumaPay is to provide a more accessible crypto-payment system that is faster, cheaper and overall more efficient than competing payment gateways.

It’s important to note that transactions on PumaPay’s protocol are free besides the Ethereum gas fees. Thanks to the use of blockchain, every transaction is immutable, and chargebacks are impossible, giving merchants peace of mind when accepting crypto payments.

Decentralization also plays a big part in the platform’s ambitions. Since customers can directly interact with businesses without the need for another third-party or middleman, this can help keep costs down by removing unnecessary platform fees and payment processor charges.

The project was created in 2017 and held an initial coin offering (ICO) in May 2018, raising ~$117 million by selling a total of 78 billion PMA tokens. The PMA token itself is used to provide quick and cheap transactions via PumaPay's PullPayment protocol, enabling subscription-based payments, micro-transactions and shared payments to maximize flexibility for customers and retailers.

Who Are the Founders of PumaPay (PMA)?

PumaPay was co-founded by Yoav Dror, who still operates as the CEO of the platform to this day. Dror has an extensive history of holding executive roles at prominent firms and has more than 20 years of experience heading up online high-transaction companies. The other co-founders are not public-facing.

Besides Dror, the PumaPay executive team also includes Aristos Christofides — PumaPay’s CTO — who has a masters in electronic engineering and more than 15 years of experience in commercial application development. Giorgos Kourtellos is PumaPay’s chief blockchain architect and previously worked at IBM Client Innovation Center as a full-stack blockchain developer for four years.

The firm behind PumaPay is known as Decentralized Vision. The company currently has over 20 employees, many of whom have overlapping roles at PumaPay.

What Makes PumaPay (PMA) Unique?

One of PumaPay’s main features is the complete mitigation of volatility while providing 100% liquidity to merchants. The project achieves this by using an innovative fiat settlement layer which cancels out volatility and ensures liquidity by locking the PMA exchange rate at the moment of each transaction.

Flexibility is also one of PumaPay’s strengths since it allows businesses and customers to choose between one-time-only and recurring payment options like “pay-per-time” or “pay-per-use.” This solution makes PMA useful as a payment method since it can now be used to settle subscription-type payments without requiring authorization each time a payment needs to be made, due to PumaPay’s unique PullPayment protocol.

PumaPay has created a range of services, products and tools to enable Payment Service Providers (PSPs) to easily join the platform and provide their services to thousands of customers worldwide. The platform is also PCI DSS Services Provider Certified, which provides peace of mind to PSPs looking to integrate the PumaPay APIs.

Check out Ethereum — the popular distributed computing platform.

Follow XRP — a digital asset used for cross-border payment settlements.

Stuck on a crypto term? Find out what it means at the Alexandria Crypto Glossary.

Stay on top of the latest news and updates with the CoinMarketCap blog.

How Many PumaPay (PMA) Coins Are There in Circulation?

PumaPay has a specific maximum total supply of 78,042,956,829 PMA — all of these tokens were created during the May 2018 PMA token generation event (TGE). The platform currently has a circulating supply of just over one-third of this, at 26.4 billion PMA as of October 2020.

The project concluded its ICO on May 7, 2018, after collecting around $117 million by selling 50,000 PMA for 1 ETH during the PumaPay pre-sale and 25,000 PMA for 1 ETH at the ICO price.

As per the PumaPay white paper, the total supply of PumaPay tokens is allocated as follows: 35% to Decentralized Vision Ltd to be used for the development of the protocol and future strategy; 20% to public contributors; 20% to launch partners and early adopters; 15% to advisors, professional fees and bonuses; and 10% to the founders and team.

How Is the PumaPay (PMA) Network Secured?

PumaPay was built on top of the Ethereum blockchain. As a result, it is secured by the combined efforts of thousands of Ethereum miners and nodes, which act to enforce its proof-of-work (PoW) consensus algorithm to resist attacks, including 51% and distributed denial of service (DDoS) attacks.

Additionally, the token smart contract has been audited by third-party providers who confirmed that the project meets all required standards — to date, no major vulnerabilities have ever been found in the PMA token contract.

Though PumaPay currently operates on Ethereum, it has the capacity to migrate to a different network if needed, such as if a superior alternative arises that better fits its needs.

Where Can You Buy PumaPay (PMA)?

PumaPay is available to purchase and trade on several top-tier exchanges including OKEx, Bittrex and HitBTC. Traders will be able to find PMA paired against Tether (USDT), Bitcoin (BTC) and Ethereum (ETH) on several exchanges, whereas PMA can also be traded against U.S. dollars (USD) on HitBTC.

Don’t have any assets to trade against PMA? Learn how to buy cryptocurrencies directly with your credit and debit card here.

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PMA

PumaPay

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USD

United States Dollar

PMA Price Statistics

PumaPay Price Today
PumaPay Price$0.0001947
Price Change24h$0.000001105

0.57%

24h Low / 24h High
$0.0001829 /
$0.0001980
Trading Volume24h$41,041.47

24.85%

Market DominanceNo Data
Market Rank#779
PumaPay Market Cap
Market Cap$5,225,269.98

0.57%

Fully Diluted Market CapNo Data
PumaPay Price Yesterday
Yesterday's Low / High
$0.0001813 /
$0.0001972
Yesterday's Open / Close
$0.0001924 /
$0.0001970
Yesterday's Change

2.38%

Yesterday's Volume$42,611.37
PumaPay Price History
7d Low / 7d High
$0.0001694 /
$0.0002825
30d Low / 30d High
$0.00009256 /
$0.0003603
90d Low / 90d High
$0.00009231 /
$0.0005665
52 Week Low / 52 Week High
$0.00008202 /
$0.004382
All Time High
Sep 17, 2018 (2 years ago)
$0.005969

96.74%

All Time Low
Jan 09, 2020 (a year ago)
$0.00007738

151.67%

PumaPay ROI

83.69%

PumaPay Supply
Circulating Supply26,831,422,231 PMA
Total Supply78,042,956,829 PMA
Max SupplyNo Data

PumaPay Markets

No Data

PumaPay News

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