FXPay

September 07, 2018

A large number are now set to try their hand at trading, including at the forex market. However, without any knowledge, this is not easy enough. Therefore, you need an assistant who will direct or tell you in this difficult process. This assistant can be in the full scope of the platform FXPay. It should be noted that it will be very useful not only to novice traders, but also an experienced person in the securities market. FXPay is an exciting and promising business opportunity,which brings innovative technologies to the foreign exchange market (Forex). The FXPay team believes that it can reasonably reduce the risk and increase the speed of transactions in the Forex market by using its own FXP token, the ERC20 standard, based on the Blockchain Ethereum technology.

The main goal of the FXPay Inc. platform. – Creation of a large, international, environmentally friendly community on a digital platform that is created to meet the needs of brokers and Forex traders. To a greater extent, emphasis will be placed on brokers who need a new way of completing transactions,cheaper and faster, thanks to the technology Block. A pleasant bonus is the opportunity to get an additional credit bonus for each investment.

At the moment, the process of transactions is rather inefficient and complex, accordingly it affects the lack of consistency with respect to brokers.To save costs for transaction fees, more than 80-90% of each potential investment opportunity is largely unattractive to investors and reduces the viability of many investments. Besides,the broker also pays a fee of 5-7% when making deals with liquidity providers. Large brokerage platforms usually house thousands of investors with potential turnover of more than $ 100 million a day. Most of this amount consists of unnecessary fees, which allows for significant cost savings.

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.

Benefits

The use of blockchain technology in the Forex market, FXPay platform will be able to solve the problem of inefficiency in the market, which until now had no solution. The bottom line is that by offering a digital currency to brokers and traders, FXPay provides an average fee, which in turn easily converts the currency fiat into FXP tokens.Traders will later have the opportunity to use a Forex loan to participate in the market. More detailed information can be found on the company’s website and examined the technical documentation.

Details of the ICO

Token Token – 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%

Pre-Sale Period:

1st stage – $ 0.75 (15% bonus)
Stage 2 – $ 0.85 (Bonus 12%)
Stage 3 – $ 0.95 (Bonus 10%)
Stage 4 – $ 1.05 (Bonus of 9.5%)
5th stage – $ 1.15 (Bonus 9%)

Period of public sale:

1st 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%)
Total amount of issued tokens: 500,000,000 FXP

Acceptable currencies: Ethereum (ETH), Bitcoin (BTC), Bitcoin Cash (BCH), Tether (USDT), Tron (TRX), Happy coin (HPC)

Distribution of tokens and funds: