PatexShares (PATS) ERC20 token

[MAGsistemas]

PATS: C-Patex shares
(Updated December 2020)

On December of 2017 MAGsistemas team launched a new Crypto-currency Exchange Site operated from Argentine:
Since 2019, the exchange is managed by Cripto Patagonia S.A.

https://c-patex.com

The Exchange is opened to investors.

The Offer

There are 50'000 PATS (ERC20 token), which originally represented the 40% of C-Patex business. As of 2019, Argentine regulations imposed requirements that made it very difficult to implement the token as a "security" and for this reason we have changed some definitions, but we keep the original spirit of the PATS intact.

Bonus

Begining on 1st of January 2018, 40% of the trading fees earned by the site we distributed monthly to PATS holders as a bonus. (The last day of each month, at 24 hs GMT, we check the ammount of PATS that each user have in account balance). Payments are credited in the BTC account of the user. Revenues of altcoins are calculated based on the average market price in the site.

To preserve the value of the PATS, in low volume months, the bonus consists of a fixed amount of satoshis per unit, so that the PATS always yield at least 10% APR.

All liquidations are onsite, in the exchange platform.

In the last three years we distributed more than 2 BTC to PATS holders

Trading PATS

Everyone can buy and sell PATS on the exchange, since January 2018. We are looking for reciprocal partnership with other exchanges to include PATS in other exchanges as we add other exchanges token in our platform.

Opportunity

PATS are an excellent investment opportunity. But as all investments, is a risky operation. The site has three years old, but it was growing slowly but steadily at a time when more than 40 exchanges closed. As site grows, earnings by trading fees will grow too.

Privacy and transparency

Since November 2020 we have suppressed the report that included the numbers of users of the holders, to guarantee even greater privacy. As we are in times of low volume, the bonuses are based on a fixed amount of satoshis, but as soon as the monthly volume exceeds 40 BTC, we will report the details of the operations in a transparent way.

Thank you all in advance!

[plasmodesmata]

Please add Bitbean/Bean Cash
https://bitcointalk.org/index.php?topic=969676.0

[John_WCR]

Hello!
Did anyone have any problems with withdrawing funds from the Exchange?

[OTC_Buyer]

Hello!
Did anyone have any problems with withdrawing funds from the Exchange?

Nope ... been using it for a year with no problems.  They do manually approve them I think though and could delay a little bit but not too much.  Any issues that I may have had I just provided the TX ID and it was fixed within 24 hrs.

[OTC_Buyer]

PatexShares (PATS) is on SouthXchange now for voting...

https://www.southxchange.com/Home/Vote

Every Wednesday we pick the most voted coin. Only one coin is selected. To vote please send Bitcoins to the vote address. 1 vote = 0.001 BTC. Minimum 500 votes required to be considered. Votes are cumulative from week to week.

BTC address to send votes to 3MEFYxCaWyoh7LhEn3Z6hGxLF1DdaCjfyR ... but always double verify address on exchange's voting page.

[Bitcoin_Arena]

Hello!
Did anyone have any problems with withdrawing funds from the Exchange?

Hey could you please leave your feedback here?
Did you manage to withdraw from the exchange? We need to know what happened and what we are dealing with here.
Thank you 

[Mahanton]

PatexShares (PATS) is on SouthXchange now for voting...

https://www.southxchange.com/Home/Vote

Every Wednesday we pick the most voted coin. Only one coin is selected. To vote please send Bitcoins to the vote address. 1 vote = 0.001 BTC. Minimum 500 votes required to be considered. Votes are cumulative from week to week.

BTC address to send votes to 3MEFYxCaWyoh7LhEn3Z6hGxLF1DdaCjfyR ... but always double verify address on exchange's voting page.

Are you affiliated with the site? or part of its team? Amount for such 1 vote is too high $10 for this current price atm.

[MAGsistemas]

Payments report
From January 2018 to November 2020

Year Month		BTC paid		Holders	PATS sold
2018 01		0.02831		72	14947.3684
2018 02		0.02022		73	17585.0676
2018 03		0.02628		82	17520.4965
2018 04		0.03695		96	18472.5215
2018 05		0.03872		110	19360.8557
2018 06		0.04988		114	19260.3832
2018 07		0.03953		113	19766.7891
2018 08		0.04085		115	20426.9626
2018 09		0.04456		117	22282.3875
2018 10		0.04543		124	22713.3016
2018 11		0.04543		128	23049.4751
2018 12		0.04251		131	21253.8926
2019 01		0.04290		132	21448.0121
2019 02		0.04338		140	21689.3785
2019 03		0.06689		146	21773.9366
2019 04		0.08326		152	27232.2664
2019 05		0.08554		153	28012.3263
2019 06		0.08630		154	28264.8395
2019 07		0.08660		104	28866.0157
2019 08		0.08968		109	29893.8903
2019 09		0.09032		107	30035.3617
2019 10		0.06889		115	30305.6850
2019 11		0.07011		119	31159.3908
2019 12		0.07015		118	31177.8954
2020 01		0.07015		117	31181.3278
2020 02		0.07101		118	31562.7081
2020 03		0.07125		124	31667.5556
2020 04		0.07122		124	31655.0094
2020 05		0.07057		128	31364.3159
2020 06		0.07071		128	31426.1827
2020 07		0.06818		122	30301.6775
2020 08		0.06865		126	30512.3187
2020 09		0.06800		126	30221.3124
2020 10		0.06851		126	30450.6326
2020 11		0.06927		125	30787.7324
TOTAL		2.11022		BTC

[MAGsistemas]

New payments rules schedule:

 As we promised on Aug 20th, we maintain the payment of 225 satoshi for PATS until Jan 2021. Starting in Feb 2021, we will pay as a bonus at the end of the month, the average of PATS/BTC price divided by 120, to maintain a minimum APR of approximately 10% per year.

 But if the monthly volume of the exchange exceeds 45 BTC, then the BTC bonus per each PATS will be equal to the volume divided by 30 million.

 These changes are necessary to maintain benefits of PATS without affecting sustainability and regulatory compliance. Also we will simplify the reports to improve privacy of our investors.

 Although we have respected our commitments for three years, remember that every investment involves risk. Be wise when investing in cryptocurrencies and tokens.

Thank you for your trust!