Foresting PTON coin first entry into the fast-growing Mongolian blockchain market

Foresting
FORESTING
Published in
2 min readJun 18, 2019

Dear friend,

We are excited to announce PTON coin listing on Bit Mon Ex

Foresting PTON/ BTC trading pair will be available today, June 19 10:00 (KST) on Mongolia-based global exchange, Bit Mon Ex.

Bit Mon Ex, represented by Foresting’s advisor and Bit Mon Ex Chairman Unenburen Ulziiburen, is a cryptocurrency exchange with an API 3.0 version of Bittrex. (1) By partnering with Bittrex, Bit Mon Ex has access to all cryptocurrencies and digital tokens available on both the Bittrex and Bittrex International platforms, enabling it to offer its customers one of the largest selections of digital assets.(2)

In addition, Bit Mon Ex is drawing attention by developing blockchain infrastructure in cooperation with the Mongolian Government and Mongolia’s largest bank.

Mongolia’s central bank authorized a local telecom operator to issue the digital coin, which is now licensed as a state-approved financial instruction. Mobicom, also known as “Candy”, is “considered a ‘non-cash payment instrument’ whose value is pegged to Mongolia’s fiat currency, the tugrik.”(3)

Mongolia is a potential blockchain “tidbit” due to its blockchain-friendly government policies as well as an early stage of growth of its blockchain market.
Most recently, we are seeing a meaningful act from Mongolia in becoming the next country to try and enter the blockchain world. The country has just announced a partnership with Terra, a blockchain payment system that is backed by exchanges such as Binance and Houbi.(3)

Foresting is making inroads into such an attractive market and creating new demand for PTON. Since capturing the Mongolian market is a key strategy for advancing into other growing markets and forwarding into the whole global market, this PTON/BTC market pairing on Bit Mon Ex is even more meaningful. (3)

Foresting PTON coin is to be listed on 3 exchanges until July.

Stay tuned!

Resources:
- Forbes’s Mongolian Entrepreneur Unenburen is an Advisor of Foresting
(1)https://bit.ly/2ImRxUR
- Bit Mon Ex partnering with Bittrex to develop Mongolian crypto exchange platform
(2)https://bit.ly/2IUjCC4
- Mongolia Starts Off 2019 With Its Eyes on Crypto Payment Adoption
(3)https://bit.ly/2KUHHv8

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Foresting
FORESTING

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