Hello to you my beautiful readers, you all know am a crypto enthusiast and the foreign exchange market (forex) affects the crypto market. So today I will be discussing on a project that unites the forex industry and the ecosystem using the blockchain technology. Read and enjoy!!!
What is Forex?
The Forex market is a global decentralised market for the trading of currencies and determines the foreign exchange rate. This market determines the prices for buying, selling and exchanging currencies at a particular time. Millions of individuals use this market to continuously exchange currencies.
Some of the shortcomings the forex market have includes the following-
• Trader, brokers and liquidity providers incurs high fees during depositing and withdrawn of funds.
• The Inconsistency in broker fees dire to a lack of standardization .
• Fiat Exchange is a convulated process that can take lots of days.
• Inefficient and complicated transaction process.
FXPay platform aims to create a large, international, eco-friendly community on the blockchain technology that is made to meet the demands of Forex premium brokers and traders.
FXPAY PLATFORM
FXPay (FXP) is a decentralized cryptocurrency token issued by FXPay Inc. FXP is a registered ERC20 token based on Ethereum blockchain technology. It can also be admitted to be an exciting and highly prospective business opportunity that brings innovative technology to the Foreign Exchange (Forex) market. FXPay Inc. aims to create a large, international, eco-friendly community on a digital platform that is made to meet the demands of Forex liquidity providers and traders.
Fxpay maximizes the usefulness of the fxpay token to appreciate and increase the rate of transactions in the foreign exchange and reduce risk to it minima level. The inadequacy facing the brokers and traders in the forex market, Fxpay uses the power of the Blockchain technology via the fxpay token to tackle concerns of parties involve in the foreign exchange.
SOLUTIONS OFFERED BY FXPAY
• FXPAY DEBIT CARD: FXP token holders will have access to real cash at any time/place using the FXPAY Debit card. Holders also have to opportunity to withdraw and also pay for products with the FXP token.
• MIRROR TRADING: The mirror trading app provided by FXPAY is used by traders to monitor the strategies used by other experienced traders.
• MARKET INTEGRATION: The FXP utility token By FXPAY will help merge the fastest crypto growing market together with the lucrative forex market.
• SOCIAL WALLET: This application created by FXPAY platform will be able to help users of the platform to store and transfer their utility token(FXP) for different transactions within the ecosystem.
• UTILITY COIN. The FXP token is the utility coin for the FXPAY platform and it will continue to gain value as the usage increases in the forex market.
• FXPAY LIQUIDITY PROVIDER : The application that will liquidate the FXP token is underway and will be set by the Court quarter of 2018. This app will help to bypass middlemen during transactions.
• UTILITY COIN. The FXP token is the utility coin for the FXPAY platform and it will continue to gain value as the usage increases in the forex market.
THE BENEFITS YOU STAND TO GAIN WITH FXPAY
• The value of fxpay increases in the Fxpay ecosystem and it can be used to get more profit and cheaper transactions. This is one of the strong factors put in place to build the FXP foundation and make price rise steadily as it will create a vast cash flow that will fo into the exchange.
• FXP is an optimal marketing tool to get more customers for the brokers. By purchase/store of FXP, Brokers can easily buy FXP at a discount price then distribute to their traders or in house exchange.
● By transferring the money to LP or banks, FXP will act as a payment gateway but most importantly, we give discounts to brokers.
FXPAY TOKEN (FXP)
FXPay (FXP) is a decentralized cryptocurrency token issued by FXPay Inc. FXP is a registered ERC20 token based on Ethereum blockchain technology. The FXP token utilizes smart contracts to ensure investment security and token management. FXP is an essential utility coin which will continue to appreciate in value as usage increases in the forex market and the use of FXP for numerous transaction process.
FXP is an ERC20 token that operates on the Ethereum network, one of the most robust and reliable blockchain technology platforms.
Token Symbol »» FXP
PreICO Price »» 1 FXP = 1.15 USD
Price »» 1 FXP = 1.60 USD
Bonus »» Available
MVP/Prototype »» Available
Platform »» Ethereum
Accepting »» ETH, BTC
Minimum investment »» 100 USD
Soft cap »» 30,000 ETH
Hard cap »» 90,000 ETH
Country »» UK
Whitelist/KYC »» KYC & Whitelist
With fxpay, you can enjoy your forex trading.
For more information about this project, please! follow the links bellow » » »
WEBSITE: https://fxpay.io
WHITEPAPER: https://fxpay.io/pdf/FXPAY_V.1.4.pdf
ANN TREAD: https://bitcointalk.org/index.php?topic=3851151
FACEBOOK: https://www.facebook.com/fxpayglobal
TWITTER: https://twitter.com/fxpayglobal
TELEGRAM: https://t.me/fxpglobal
••BITCOINTALK USERNAME: Pweedy
••BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2231370