PLNX is a tokenized stablecoin — a cryptocurrency linked to a traditional financial asset — in this case, to the Polish zloty (PLN), which can now be traded on eToroX Exchange. Since the price of the PLNX is linked to the Polish zloty on a 1:1 value basis, to trade PLNX on eToroX is the same as trading fiat Polish zloty.

The official eToro Polish Zloty ticker is “PLNX” and trades under that name on all the exchanges where it has been listed. The designation “POLNX” is for CryptoCompare.com only.