The foreign exchange market which also called the forex market is the biggest market in the history of the planet earth with lot of volatility surrounding it environment. Banker and cooperate trader have made lot of fortune from the market.
The Foreign exchange market has daily transaction approximately about $5-$6 Trillion and the World Bank pump funds to this market in other to provide liquidity and transaction for traders globally so that the demand and supply of currencies are meant although there are still challenges that needed to be address.
The forex market have been in inefficient for both brokers and traders. Lack of information accessibility to market price action change which causes up and downs in the forex market result to poor trading. High fees charges when making withdraw and deposit makes trader, Brokers and even liquidity providers more sore and boring and also of inconsistency in policy making makes the foreign exchange inefficient
INTRODUCTION OF FXPAY
Fxpay is a cryptocurrency platform that integrate dynamics developments into the forex market. The Fxpay has its own token built with robust technology under the Ethereum smart contract to meet the needs and current demand of both traders and brokers in the forex market.
Fxpay maximize the usefulness of the fxpay token to appreciate and increase the rate of transactions in the foreign exchange and reduce risk to it minima level. The inadequacy facing the brokers and traders in the forex market, Fxpay uses the power of the Blockchain technology via the fxpay token to tackle concerns of parties involve in the foreign exchange. The Blockchain technology is the future for financial industry and the fxpay is the solution to inefficiency in foreign exchange and global financial industry.
Fxpay create a platform where traders can convert their fiat currency to fxpay token to continue to trade when the market has shut down for the week in other decentralized exchange to maximize profit.
The diagram below summarizes the solution of Fxpay to the inefficiency of the foreign exchange market.
WHAT IS FXPAY FEATURING FOR THE FOREX MARKET?
Fxpay feature gateway to the payment system for easy and fast transaction, this allows brokers to make instant payment to liquidating providers of fiat currency and cryptocurrecny transactions through the blockchain technology this enable trader to enjoy low transaction fees compare to the conventional forex trading charges.
This is fxpay technology to make trading more effective and enjoyable to all traders. Users of Fxpay will have access to the analysis, strategies, signal profit history of expert in the forex market and once their account has be linked and enable on the platform. Fxpay uses this methodology to grown newbie, intermediate and some few upcoming Expert in the forex market.
Fxpay token is built on the Ethereum Smart Contract (ERC-20) and utilizes this technology for fast payment. Traders can save more fund from charges from brokers using the payment method of Fxpay.
Fxpays allow users to have access to fiat currency of their choice in the forex market, fiat currency can transfer from their brokerage account to the Fxpay debit card which makes trader to shop online and offline with the Fxpay debit card. Fxpay debit card makes life easier through the partnership with Master Card.
Social wallet for android and IOS wallet
Fxpay has develop an authentic mobile application where users can store cryptocurrency, these wallet is users friendly with beautiful interface, and it require high level verification to authenticate it to users. Users of the wallet can transfer coins or token to the forex market for trading
BENEFIT OF FXPAY
Fxpay bypasses the middleman in foreign exchange by laying down their liquidity structure in the platform. Users can have easy access to the liquidity provided by Fxpay anytime at their comfort zone. This makes the fxpay more dynamic in nature, every users is happy.
The fxpay offer cash back bonus to Pre-ICO & ICO investors who are within the fxpay community. This cash back is 100% and investor who possesses the fxpay credit can use these credit to trade in global foreign exchange.
The fxpay token is a utility token which increases in value as users continue to trade with on the forex market .the fxpay token processes many transaction meeting current demand of the foreign exchange market.
DETAILS ABOUT FXPAY ICO
The public sale will have six round
DATE: 1st August 2018 – 31 October 2018
AMOUNT OF TOKEN: 30,000,000
PRICE : US$ 1.25 per FXP. – US$ 1.6 per FXP
ACCEPTED DEPOSIT CRYPTOCURRECNY TO PURCHASE THE ICO: Ethereum (ETH) , Bitcoin (BTC) , Bitcoin Cash (BCH) , Tether (USDT) , Tron (TRX) , Happy coin (HPC)
FXPAY ALLOCATION DETAIL
DETAIL ROADMAP OF FXPAY
For more information and update about the fxpay project check the link below:
Bitcointalk username: phatpharm20
Bitcointalk Url Profile: https://bitcointalk.org/index.php?action=profile;u=2038562