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EstateX crypto presale timing and details in full as ESX real estate tokens near market debut

By Raphael Sanis

Edited by Charlie Mellor

09:35, 11 October 2022

Gold coins next to a gold house
EstateX is combining real estate with blockchain technology to make the property investment industry more accessible – Photo: Shutterstock

As ESX nears its debut on cryptocurrency exchanges, it is hosting a presale event giving investors a chance to purchase tokens early.

The cryptocurrency belongs to EstateX, a new blockchain platform, that is making property investment more accessible. Investors can start building a property portfolio with less than $100.

EstateX has achieved this through combining real world properties with blockchain technology. It fractionalises these investments on the blockchain, essentially breaking them up into smaller investable assets.

Presale details

The native ESX token is currently in its presale stage as it gears up to go live in the cryptocurrency market. Its website said:

“The $ESX Token Presale is your exclusive opportunity to join the revolution at a grassroots level as we disrupt the future of real estate investing, and accelerate the launch of the EstateX Solution.”

Investors wishing to gain access to this presale will first have to register for the EstateX whitelist on its website. They will then be directed to enter information and complete know-your-customer (KYC) checks.

According to a Twitter post, users can purchase ESX with fiat currencies or other cryptocurrencies. However, investors will need a BNB Chain wallet address to send the tokens to.

BTC/USD

98,846.00 Price
-0.650% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 106.00

DOGE/USD

0.46 Price
+11.890% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 0.0012872

ADA/USD

1.13 Price
+16.290% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 0.00646

XRP/USD

1.59 Price
+9.140% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 0.01168

At the time of writing, ESX is in its fourth presale round, out of six. This round has the token priced at $0.002584.

Its website said the token will be listed at $0.00295 with an initial market capitalisation of $467,588 when it is listed later this year.

Incoming market debut

EstateX’s presale started in February 2022. Its market debut is expected to occur on a major exchange this quarter, according to its website.

By the first quarter of 2023, EstateX will launch its official platform. This will give investors the chance to start purchasing “franctionalized real estate”. Its own Apple and Google Play app are also expected to be released early next year.

Like any cryptocurrency investment, investors should always be wary of presale events and make sure to do their own research. Look at the latest market trends, news, technical and fundamental analysis, and expert opinion before making any investment decision. Never trade with money that you cannot afford to lose.

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The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
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