What is FXPay Project?
FXPay is a gateway solution which aims at uniting the Ecosystem and Forex industry based on the blockchain technology.
Our goal is to address the current inefficiencies within the market and to provide cost-saving solutions to brokers, traders, and liquidity providers. By utilizing blockchain technology, FXPay can intelligently reduce the risk for brokers and traders by providing more opportunities and increase the speed of transactions in the Forex market. FXPay is proud to bring our initial coin offering to the market and to allow investors to become part of our exciting new product and journey. The FXPay platform will immediately start addressing the issues within the current Forex market. Our proposed solution will demonstrate the tangible value of the FXP token.
FXPay Mission:
FXPay Solution:
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 igital 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traders can choose to keep Forex credit, which can either be used to continue trading at a later stage, or withdrawn into fiat currency through the Forex trading platform, at minimal cost.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
FXPay Inc. presents an attractive offering for Crypto investors, who can now choose to participate in the Forex market as well. FXP can be used as a great hedging opportunity in a situation of high market volatility. Crypto investors can easily swap their crypto for a more stable fiat alternative, until the market has stabilized.
Until now, brokers have had to approach liquidity providers to provide them with liquidity. They can then offer this to their customers. In the future, FXPay will act as its own Premium Broker. Offering brokers the ability to purchase FXP at the prevailing market price, plus a discount. This provides leverage to brokers that choose to use our platform. Brokers can choose to manage their own risk and profit by using their leverage and deciding how much of their FXP they would like to allocate to traders.
FXPay Features:
Partnerships
FXPay has formed a partnership with prominent brokers who act as facilitators and providers of Forex. Through this partnership, cash back bonuses can be redeemed for Forex credit. This credit can then be used in the market.
Utility Coin
FXP is an essential utility coin which will continue to appreciate in value as usage increases in the forex market and use FXP the numerous transaction process.
Payment Gateway
FXPay acts as a payment gateway system for the Forex industry, the world’s largest
financial market.
ERC20 Token
FXP is an ERC20 token that operates on the FXP is an ERC20 token that operates on the Ethereum network, one of the most robust and reliable blockchain technology platforms.
Smart Contracts
Utilization of smart contracts which save customers up to 90% when compared to current payment structures.
Liquidity Provider
FXPay Inc. will be able to bypass middlemen and maintain an advantaged presence on the platform by becoming their own liquidity provider.
Bonus
A cash back bonus in Forex credit to private and pre-ICO participators who join the FXPay community.
Market Integration
FXP is an essential utility coin which will FXPay merges with the fastest growing crypto-market established and the highly lucrative forex market.
Debit card
FXPay has partnered with MasterCard/VISA to issue an FXP debit card that can be used for transactions worldwide.
Social Wallet
FXPay has developed a mobile application for the storage and transfer of FXP and Forex credit.
Mirror Trading
A method in Forex trading that enables traders to ‘mirror’ strategies developed by other experienced Forex traders.
FXPay Team:
Roadmap:
Token Sales Detail:
Token: FXP
PreICO Price: 1 FXP = 1.15 USD
Price: 1 FXP = 1.60 USD
Bonus: Available
Bounty: Available
MVP/Prototype: Available
Platform: Ethereum
Accepting: ETH, BTC
Minimum investment: 100 USD
Soft cap: 30,000 ETH
Hard cap: 90,000 ETH
Country: UK
Whitelist/KYC: KYC & Whitelist
Restricted areas: USA
For more information:
Website: https://fxpay.io/
Whitepaper: https://fxpay.io/pdf/FXPAY_V.1.4.pdf
Twitter: https://twitter.com/fxpayglobal
Facebook: https://www.facebook.com/fxpayglobal
Telegram Group: https://t.me/fxpayglobal3
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3851151
Author: tinhkhuat
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1885373
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