INTRODUCTION
Considering that quite a lot of people are immensely involved in cryptocurrency and there is also a large number of emerging crypto users and investors which arise to trade their digital assets, just anyhow knowledge won't suffice to do well in the forex market effectively. The overall crypto trading activity is known to be a very complex process and so traders and other crypto users require a system that would guide them through as they go about the trading activity. However, looking at the major challenges that investors and traders face today, a way out is proposed to mitigate the risks in transactions and improve transaction speed in the complex forex market. The proposed solution is FXPay platform. This project aims to make use of new technological innovations to clear the issues in the crypto forex market.
THE SCOPE OF THE FXPAY PROJECT
This platform has a target of establishing a global network for the aggregation of crypto traders and brokers in the crypto community. It aims to create a very conducive digital space to satisfy the unmet desires of crypto traders and users. However, the focus of this project is on the brokers in the forex market and it seeks to provide them with a very fast and extremely affordable rate of transaction. This will therefore be achieved using the latest innovations in the digital technology. Ergo, there is a provision for bonus on all the investments of users in this platform i.e all the investment of investors in this project will be multiplied with a measure of bonus that has been assigned by FXPay to them.
THE PROBLEMS TO COMBAT
Today, many transaction processes in the digital community is very complex and most times it happen to be unsuccessful for traders. Due to this factor, they are not able to complete so many of their investment or trading programs. This issue has affected brokers and has made them inconsistent in the forex market. Transaction fees too that is attached to many investment opportunity has scared many investors away from these opportunities because they understand how devastating it will be to spend so much on the exorbitant transaction fees and the effect it will have in their investment. More to these issues is the fact that brokers are mandated to pay a 5-7% fee in the deals they make with the liquidity providers in the market.
THE LEVERAGE PROVIDED BY FXPAY
As this platform seeks to optimize the technology of the blockchain to solve the aforementioned issues, the market will be set aright with the restoration of efficiency in all the activities done in the forex market. More so, it would allow the conversion of the normal fiduciary currency into the FXP Tokens of this project at an average fee. This will be part of the benefits that investors and brokers will enjoy as a subscriber to this project. Finally, the loans that will be gotten from forex will be used expressly in the market by the forex traders and investors to achieve efficiency in the transactions.
TOKEN DETAILS
Token Symbol - FXP
Standard token - ERC20
Private sale period - from 1 to 30 April 2018
Pre-sale period - from May 1 to July 31, 2018
The value of the token during the private sale is $ 0.65 (20% Bonus). Free FOREX credit - 100%
For more details, visit;
Website: https://fxpay.io/
Whitepaper: https://fxpay.io/pdf/FXPAY_V.1.4.pdf
ANN: https://bitcointalk.org/index.php?topic=3851151
Bounty: https://bitcointalk.org/index.php?topic=4808508
Facebook: https://www.facebook.com/fxpayglobal
Twitter: https://twitter.com/fxpayglobal
Telegram: https://t.me/fxpayglobal3
Btt profile link:https://bitcointalk.org/index.php?action=profile;u=2002646