FXPay is an exciting and highly prospective business opportunity that brings innovative technology to the Foreign Exchange (Forex) market. fxpay 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 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 investors who require a new transaction method which is made cheaper and faster through the use of blockchain technology. 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.
FOREX
Forex is a term used for foreign exchange and no matter where you are in the world, the foreign exchange will affect you for sure, believe it or leave it. 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 exchange market, different currencies are continuously exchanged by millions of people. Unlike the stock market, as we all know that 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 exchange markets.
SOLUTION BROUGHT TO CRYPTOCURRENCY WORLD BY FXPAY
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 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 Fxpay 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.
BENEFITS OF FXPAY
A. 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.
B. Purchase/store of Fxpay token: investors can easily buy Fxpay token at a discount price then distribute to their traders or in house exchange. Fxpay token is an optimal marketing tool to get more customers for the investors.
C. By transferring the money to LP or banks: Fxpay will act as a payment gateway but most importantly, Fxpay give discounts to investors.
FXPAY TOKEN (FXP)
FXPay (FXP) is a decentralized cryptocurrency token issued by FXPay Inc. FXP is a registered ERC20 token based on Ethereum blockchain technology. The FXP token utilizes smart contracts to ensure investment security and token management. FXP is an essential utility coin which will continue to appreciate in value as usage increases in the forex market and the use of FXP for numerous transaction process.
FXP is an ERC20 token that operates on the Ethereum network, one of the most robust and reliable blockchain technology platforms.
FXPAY TOKEN (FXP) DISTRIBUTION
For more information
Website: https://fxpay.io/
Bitcointalk thread: https://bitcointalk.org/index.php?topic=4591090.0
Whitepaper: https://fxpay.io/pdf/FXPAY_V.1.5.pdf
Facebook: https://www.facebook.com/fxpayglobal
Twitte:r https://twitter.com/fxpayglobal
Team: https://fxpay.io/#team
Telegram: https://t.me/fxpglobal
Author: ADEWUYI BLRSSING ELIJAH
Author bitcointalk username: ABE crypto
Author bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2088719;sa=summary