Petro coin symbol

Petro coin symbol

What is the petro? The petro is a state-backed cryptocurrency that was introduced by current venezuelan leader nicols maduro. The idea behind the project was to stabilized the national economy, by tying it to the virtually worth-less bolivar.

Petro (ptr) national venezuela cryptocurrency petro coin with the flag of venezuela.

  the petro was introduced of as a way to navigate around wide-reaching u. Sanctions that have cut the cash-strapped nation off from international capital markets.

Caracas, venezuela-may 17, 2018 petro sign is seen at universidad popular y productiva building in city downtown.

Maduro announced the launch of the national petro cryptocurrency in october 2017. Its cost is equal to the price of a barrel of oil produced in the country.

The coin was supposed to represent a safe haven from the nearly-worthless bolivar, but also to help circumvent us sanctions. However, petro, which was launched in 2018, failed to attract users as venezuelans were more interested in bitcoin and altcoins. Now, maduro has announced that he plans to bring the petro back.

It offers linear alkyl benzene, heavy alkylate, epichlorohydrin, caustic soda, chlorine, hydrochloric acid, ammonium chlorine and sodium hypo chlorite.

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Petro coin symbol

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