Fixy Network is pleased to announce that it will integrate the Bancor Protocol to provide instant liquidity for holders of its Fixy (FXY) token with low fees and no trading spread!
Through the integration of the Bancor Protocol, Fixy Network is able to ensure that its token holders will have continuous access to seamless liquidity, regardless of the token’s existing exchange listings or trade volume, through the Bancor Network. Any integrated token can be automatically converted to any other directly from the Bancor Wallet or any Web3 wallet, such as MetaMask. Currently integrated tokens include ETH, BNT (the Bancor Network Token), and many other popular tokens.
About Fixy Network
The Fixy Network app addresses issues currently associated with cryptocurrency purchase and mass adoption, which include but not limited to: the difficulty of entering the cryptocurrency market for majority of people, severely limited cryptocurrency utilization in daily life and safety-risk complemented with cumbersome registration process of centralized exchanges.
Fixy Network has two key features: providing a decentralized marketplace and an OTC trade platform, which allows everyone to participate in the cryptocurrency market with ease.
The Fixy Network decentralized marketplace can be entered by both individual users and Partnering companies. The latter will be able to join the Fixy decentralized marketplace through paying an entry fee, in the form of the Fixy Network’s native currency Fixy (FXY).
Besides the aforementioned features, Fixy app will include games which engage the community in the most rewarding way possible. Games reward comes from 55% of revenue generated from Fixy Network-hosted services such as product/service advertising and ICO listing.
Fixy Network will activate a Relay Token with 2% of its circulating token supply within 10 days following the successful completion of the Token Sale. Users will be able to purchase and sell FXY tokens directly from the Bancor Wallet or any Web3 wallet at a formulaically calculated price.
About Bancor
Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information.