FXPAY – A bridge between FOREX and CryptoMoney
We open a new article to tell you about FXPAY ( https://fxpay.io/ ), a new project that has already started its pre-sale, so this is the perfect time to inform you about this project and, if you are interested, We will tell you how to invest.
The first thing we must say as a step prior to the review of FXPAY ( https://fxpay.io/ ), is one of the most common questions in this world, and this is none other than what is a token or a currency, Where and how can I store my coins? Well, in the case of FXPAY ( https://fxpay.io/ ) we have a project that will work with an ERC20 token, that is, FXPAY ( https://fxpay.io/ ) is a project that will run on the Ethereum network, so it will benefit from the intrinsic virtues of Ethereum, namely high security and speed, decentralization, anonymity and great stability.
Also, as with all ERC20 tokens, if at the end you dare to invest in this ICO (remember to see the project, and if you dare, go ahead) the tokens that you acquire can be comfortably stored in the world-known ERC20 wallets; for example the more than common MyEtherWallet or Metamask.
Speaking strictly of FXPAY ( https://fxpay.io/ ), FXPay (FXP) is a decentralized cryptocurrency token issued by FXPay Inc. FXP is a registered ERC20 token based on the Ethereum blockchain technology. The FXP token uses smart contracts to guarantee investment security and token management.
By introducing blockchain technology in 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 intermediaries and operators, FXPay provides a means to easily convert fiduciary currency into FXP tokens.
Once it is securely connected in the block chain, it can be converted to any of the Forex pairs. Operators can use Forex credit to participate in the market. Once the negotiation has ceased, traders can exchange the Forex credit again with FXP or any other digital currency. Alternatively, traders may choose to maintain Forex credit, which can be used to continue trading at a later stage or withdraw to a fiduciary 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 very low rates and faster transaction times. The result is an increase in profit margins and investment potential for operators, and cost savings for intermediaries when they transact with liquidity providers.
No doubt a very successful project, which will make it one of the most powerful competitors in its field, since the idea is very novel. The project is headed by Patrix Liu.
If you have been wanting to know more about this project and want to delve into its technical specifications and other data of interest, we can only encourage you to read its very detailed and detailed whitepaper, with which you can get an idea of the magnitude of the project and the potential for expansion and application that it has.
Here is the link to your whitepaper:
So, I can only encourage you to join your ICO if you liked your project, your pre-sale has already started.
Finally, remember that these are the social networks of the project, thanks to which you can keep informed at all times. Also, if you have any doubt do not wait and contact them, they will be happy to answer you.
Twitter: https://twitter.com/ fxpayglobal
Article written by:fatimahzahra