PointPay Weekly Update (September 9 - 13)
Dear PointPay Family,
A new week is upon us, and it's time to recap the one that's just passed! We’ve gathered all the key news and updates from PointPay to keep you informed and in the loop.
PointPay News
Let's begin with an update on the Polygon Token Swap. On Monday, all operations involving the Polygon (MATIC) token were halted as we prepared for the transition to the new version—Polygon (POL).
Unfortunately, due to technical reasons, the swap has been delayed until next week. We sincerely apologize for any inconvenience this may cause and want to assure you that the swap will take place as soon as possible. Your MATIC tokens will still be automatically exchanged for POL tokens at a 1:1 ratio once the process is completed, with no action required from your side.
We appreciate your understanding and will keep you informed on the progress.
Additionally, this week, PointPay reached a significant milestone, offering over 130 unique assets on our platform! Each week, our selection continues to grow, giving our users even more opportunities.
You can always stay updated on new asset listings by following our social media channels or checking our weekly updates! This week, we’ve added a new cryptocurrency to our exchange — Sun New (SUN) — which is now available for trading!
Finally, we are excited to announce the launch of Trading Competitions! From September 18 to 27, you can join the competition and test your trading skills against others. To participate, simply confirm your entry and start trading any USDT pairs on the PointPay exchange.
On September 27, the top three participants with the highest trading volumes will share the prize pool of $100,000! Stay tuned to our social media channels for the official start of this exciting event!
Crypto Sphere News
Bitcoin continues to challenge traders and holders alike. After starting the week by holding support at last week's low of $53,000, Bitcoin began a gradual climb back to the familiar level of around $58,000.
However, while Bitcoin set a short-term upward trend, other cryptocurrencies have not followed as strongly, lagging by a few percentage points compared to last week's performance.
Thanks again for taking the time to read this update. We look forward to seeing you next week!
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