Hallo Friends, If you're interested in joining the FXPay project, it's good to read reviews that can help you get information that might help you in viewing their mission vision during the FXPay project:
Here's the review !!
What is FXPay (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.
What is FOREX ?
Forex is short for foreign exchange and no matter where you are in the world, the foreign exchange will affect you.
The foreign exchange (Forex) market is a global decentralised market for the trading of currencies and determines the foreign exchange rate. It includes all aspects of buying selling and exchanging currencies at current or determined prices. Through this market, different currencies are continuously exchanged by millions of people. Unlike the stock market, there is no central marketplace for foreign exchange. Instead, currency trading is taking place electronically over the counter, which means all transactions occur via computer networks between traders around the world rather than through one centralized exchange. The need for adaptable currency is what makes Forex the largest and most liquid financial market in the world. It outperforms all other markets with a trading rate of 5.4 trillion dollars a day, compared to the crypto market at 4.8 billion.
OUR GOAL
FXPay Inc. aims to create a large, international, environmentally friendly community on a digital platform created to meet the demands of premium Forex brokers and traders. The main focus is premium brokers who need new transaction methods that are made cheaper and faster through the use of blockchain technology. FXPay Inc. aims to expand this into our own premium broker. This will allow clients to freely invest in the Forex market with our tokens. This will provide a platform with established users and significant daily volume, which will continue to increase prices over time.
THE FOREX STRUCTURE
The foreign exchange market is the international exchange of currencies between banks, liquidity providers, brokers, and traders. Millions of investors engage in the Forex market, trading various forms of currency by executing transactions through brokers. The broker acts as an intermediary between individual traders and liquidity providers, facilitating Forex transactions and communications.
OUR SOLUTION
FXP also implement a strategies that allow the value of the token to steadily raise.
By introducing blockchain technology to the Forex market, FXPay is able to address inefficiencies in the market that, until now, have not had a solution. By offering a digital currency to brokers and traders, FXPay provides a medium through which to effortlessly convert fiat currency into FXP tokens.
Once it is securely logged on the blockchain, it can be converted into any of our Forex pairs. Traders can then use Forex credit to participate in the market. Once trading has ceased, traders can trade Forex credit back into FXP or any other digital currency. Alternatively, traders can choose to keep Forex credit, which can either be used to continue trading at a later stage, or withdrawn into fiat currency through the Forex trading platform, at minimal cost.
This offers traders and brokers an attractive alternative to the traditional Forex structure, by providing an innovative platform with highly reduced fees and faster transaction times. The result is increased profit margins and investment potential for traders, and cost savings for brokers when transacting with liquidity providers.
TRADER BENEFIT
Crypto / forex trader can enjoy various benefits from holding Fxp coins.
- FXP increases its value
Everyone in FXP eco-system will exchange to FXP to get more profit and cheaper transactions .This also creates a vast cash flow that will go in to the exchange and it will be one of the strong factors to build the FXP foundation and make the price rise steadily.
BROKER BENEFIT
Brokers can benefit from 2 ways
- By transferring the money to LP or banks
FXP will act as a payment gateway but most importantly, we give discounts to brokers.
- By purchase/store of FXP
Brokers can easily buy FXP at a discount price then distribute to their traders or in house exchange. FXP is an optimal marketing tool to get more customers for the brokers.
Why should FXPay? are there many more different? yes, you must FXPay because FXPay has more sophisticated features and tools in any field and has a lot of bonuses for you who contribute fully to FXPay.
There are many things you have to learn about FXPay. because the complement that contains a lot of meaning and has a different value.
There are 11 full features on the FXPay Website:
- Utility Coin
- Payment Giteaway
- ERC20 Token
- Partnerships
- Smart Contracts
- Bonus
- FXPAY Liquidity Providers
- Market Intergration
- Debit Card
- Social Wallet
- Mirror Trading
from these eleven features. has its own meaning and purpose, in which one feature has a different way of helping you contribute to FXPay.
How can a smart contract work?
As with ordinary contracts, smart contracts this is a purely digital contract.
Think of it as a small part of a computer program stored on blockchain therefore no one can disturb or tamper with the contract made.
Smart contracts help you exchange money, property, shares, or something of value in a transparent, conflict free manner the way while avoiding intermediary services then the decentralized nature of Ethereum.
Ethereum makes it possible for developers to create their own smart counter that can be customized for their needs, unlike Bitcoin which uses more advanced programming language to do it.
Here are some examples of how smart contracts can be used in real-world applications.
starting from :
- Government
- Management
- Case History
- Automobile
- Real Estate
- Healthcare
FXPay BLOCKHAIN SYSTEM
TOKEN DETAILS
Points of interest of the ICO
• Token – FXP
• Standard token – ERC20
• Private deal period – from 1 to 30 April 2018
• Pre-deal period – from May 1 to July 31, 2018
The estimation of the token amid the private deal is $ 0.65 (20% Bonus). Free FOREX credit – 100%
Pre-Sale Period:
• first stage – $ 0.75 (15% reward)
• Stage 2 – $ 0.85 (Bonus 12%)
• Stage 3 – $ 0.95 (Bonus 10%)
• Stage 4 – $ 1.05 (Bonus of 9.5%)
• fifth stage – $ 1.15 (Bonus 9%)
Time of open deal:
• first stage – $ 1.25 (Bonus 8.5%)
• Stage 2 – $ 1.35 (8%)
• Stage 3 – $ 1.45 (7%)
• Stage 4 – $ 1.5 (6.5%)
• Stage 5 – $ 1.55 (6%)
• Stage 6 – $ 1.6 (5%)
Aggregate sum of issued tokens: 500,000,000 FXP
Adequate monetary forms: Ethereum (ETH), Bitcoin (BTC), Bitcoin Cash (BCH), Tether (USDT), Tron (TRX), Happy coin (HPC)
FXP token allocation
FXP tokens supply is limited to 500 million, and allocated as follows:
from 100% it is divided into 7 parts which get 60% are:
Founder Team 20% (100 million FXP)
Mergers and Acquisitions 10% (50 million FXP)
Research And Development 8% (40 million FXP)
Affiliated and Bounty 7% (35 million FXP)
Advisors And Director 5% (25 million FXP)
Treasury/Audit 5% (25 million FXP)
Reserve 5% (25 million FXP)
40% who will be made to allocate sales of tokens consisting of:
• Forex Pratners 31% = 155 million
• FXPPublic Sale(ICO) 6% = 31 million
• FXPPublic Sale(Pre ICO) 2% = 10 million
• FXPEarly Supporter, White List (Private Sale) 1% = 5 million FXP
ROADMAP
TEAM FXPay Inc.
For more information about the FXPay Project, visit the site below:
Website: https://fxpay.io/
ANN Thread: https://bitcointalk.org/index.php?topic=3851151
Bitcointalk: https://bitcointalk.org/index.php?topic=4808508.0
Whitepaper: https://fxpay.io/pdf/FXPAY_V.1.4.pdf
Facebook: https://www.facebook.com/fxpayglobal
Telegram: https://t.me/fxpayglobal3
Twitter: https://twitter.com/fxpayglobal
Medium: https://medium.com/@fxpay
Author: Sixa
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2225617