FXPAY Review




INVEST NOW at https://fxpay.io

INTRODUCTION
WHAT’S FXPAY( FXP) ?
FXPay is an exciting and highly prospective business opportunity that brings innovative technology to the Foreign Exchange (Forex) market. FXPay believes we can intelligently mitigate risk and increase the speed of transactions in the Forex market through the utilization of its FXP token, an ERC20 token based on Ethereum blockchain technology.

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 mediumt hrough 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 participatein the market. Once trading has ceased, trader scan 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traders can choose to keep Forex credit, which can either be used to continue trading at a later stage or withdrawn into fiat currency through the Forex trading platform, at minimal cost.


WHAT’S FOREX?
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.

THE FOREX STRUCTURE

DIFFICULTIES WITH THE CURRENT FOREX STRUCTURE

OUR SOLUTION

TRADER BENEFIT
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.

FXPay Community
FXPay Inc. aims to create a large, international, eco-friendly community on a digital platform that is made to meet the demands of Forex liquidity providers and traders. The primary focus will be premium brokers who require a new transaction method which is made cheaper and faster through the use of blockchain technology. FXPay Inc. aims to expand on this becoming our own premium broker. This will allow clients to freely invest in the Forex market with our token. This will provide a platform with both established users and significant daily volumes, which will steadily increase the price over time.

WHY FXPay?
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. 

A Payment Gateway performs a variety of tasks to facilitate payments between acquiring banks and issuing banks. It determines whether transactions are approved or declined by verifying transaction information and also provides a secure pathway to exchange information between all relevant parties.The FXPay Payment Gateway allows brokers to make instantaneous payments to liquidity providers through blockchain technology. Through this method, transaction fees are reduced from the current rate of 5-7% to between 0.5-1%.

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. 

The FXPay Payment Gateway will be based on the Ethereum blockchain through the utilisation of the FXP token. The ERC20 token will allow FXPay to take full management of hosting digital currency. Ethereum is a well established digital currency that acts as a backbone for the platform technology, which will ensure the cyber-security for all transactions.

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.

SMART CONTRACTS
Utilization of smart contracts which save customers up to 90% when compared to current payment structures.

Smart contracts allow users to embed legal documents and other pertinent information in a tamper-proof digital ledger. Smart contracts are set to revolutionise the ways that individuals and companies engage in business. Ethereum allow developers to make their own smart contracts that can be customised to their needs

BONUS
A cash back bonus in Forex credit to private and pre-ICO participators who join the FXPay community.

To hedge the risks inherent in the current crypto-market situation, FXPay would like to offer cash back bonuses to investors as a reassurance of the confidence in our product. Investors can immediately enjoy using their Forex Credit to make trades on one of the world’s biggest trading platforms, Forex.

All private investors will be entitled to receive a 100%, and Pre-ICO participants will be entitled to receive a 100% cash back in Forex credit all so.The credit can be redeemed at www.lptrades.com, the conditions of which can be found on the website. 

FXPAY LIQUIDITY PROVIDERS
FXPay Inc. will be able to bypass middlemen and maintain an advantaged presence on the platform by becoming their own liquidity provider.

The current timeline to achieve this goal is set for the third quarter of 2018. This will benefit our partners by allowing them to acquire liquidity directly from FXPay, a much more cost-effective option compared to traditional liquidity providers

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.

By integrating these two markets, we introduce crypto-investors to the Forex platform, allowing them to diversify their investments. Similarly, participants of the Forex market will benefit from the incorporation of cryptocurrency usage within the new FXPay Forex structure, as exposure to cryptocurrency introduces traders to new forms of investment opportunities

DEBIT CARD
FXPay has partnered with MasterCard/VISA to issue an FXP debit card that can be used for transactions worldwide.

FXPay holders should be entitled to access fiat currency at any time. Through the use of an FXPay debit card, FXPay enables its holders to withdraw and pay for local products or services by deducting directly from their FXPay account. The FXPay debit card will be issued by MasterCard to ensure worldwide usability. This will be rolled out during the end of Q1 2019.  



SOCIAL WALLET
FXPay has developed a mobile application for the storage and transfer of FXP and Forex credit.

Members of the FXPay community will be required to clear the KYC/AML authentication process for identity confirmation, to establish a secure presence on the platform. This will allow them to create a personalized and secure digital wallet. This wallet will be available for both iOS and Android mobile devices. Users can send and receive FXP coins, exchanging them for Forex credit.

MIRROR TRADING
Mirror Trading is a method in Forex trading that enables traders to ‘mirror’ strategies developed by other experienced Forex traders. A trader’s brokerage account is linked to a platform where trades can be executed by selected strategies. Strategies are listed in order of profit percentage and display information regarding the strategies’ funds, mirrored funds, leverage, and a performance chart. Traders can select strategies that match their personal trading preferences, such as risk tolerance and past profits. Once a strategy has been selected, all the signals sent by the strategy will be automatically applied to the client’s brokerage account. No intervention is required by the client as all the account activity is controlled by the platform.

TECHNOLOGY
ETHEREUM “THE WORLD COMPUTER”
Ethereum is a decentralized platform that runs smart contracts applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party Interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property

Ethereum can be used to build financial applications that are fully trustworthy and transparent because they run on the blockchain. Online cryptographically secure system that is made for manage your property and contracts.

The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by theEthereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.




FXPay BLOCKCHAIN SYSTEM


TOKEN DISTRIBUTION

So join now and invest at https://fxpay.io



MORE INFORMATION  :

Authorized By:

My Bitcointalk account : jagadlangit

My ETH address : 0xA2BFa48A6AfEFaBF498B6541f609E6cef4700D91

No comments:

Post a Comment