Petro (PTR) - BTC - Live Petro prices from all markets and PTR coin market Capitalization. Stay up to date with the latest Petro price movements and forum. Petro is abbreviated with PTR. It will become a sovereign crypto asset supported by oil assets and proposed by the Bolivarian Republic of Venezuela on the. PetroDollar Price (XPD). $ PetroDollar Chart. Price It has a circulating supply of 63,, XPD coins and the max. supply is not available.
Petro ptr coin -
The petro is about creating something useless — that's why only foreigners can buy them, but only Venezuelans can spend them". It also established a cryptocurrency government advisory group called VIBE to act as "an institutional, political and legal base" from which to launch the petro. This hardly comes off as a surprise, as Russia is reported by some media to be behind the Petro project which is described as a tool designed to skirt the US sanctions. The Petro Ecosystem Is Mainly Based On Three Facts Means of Exchange The PTR digital currency may be utilized for the purpose of buying goods and services which will be also redeemable for any fiat currency as well as other cryptocurrencies or assets with the help of digital exchanges depends upon their ICO ratings. Based on the reports from October , the worth of the contracts involving the purchases made with Petros exceeds USD million. With Petro, Venezuela is also aiming to become a global leader of an economic initiative that allows them to reap the benefits of their natural resources in an innovative way through developing and promoting the adoption of cryptocurrency in the country. To make the blockchain less demanding and arguably more efficient, the Petro developers promise that each block will have a logical capacity of the 4MB worth of information, with the block time amounting to 60 seconds.