FRX TOKEN: A DECENTRALIZED ALL IN ONE DEFI TRADING NETWORK

in #ferox3 years ago

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INTRODUCTION

Hello guys, this review on crypto platform is about FRX platform and its token FRX. This platform is a special platform that offers several advantages to the users in terms of trading and Investments. The world's hedge fund platform is now unveiled on the blockchain with hedge funds advantage on the blockchain offering the latest generation of solutions in the Defi industry. Of so many platforms on the blockchain, this one is most reliable and offers dynamic solutions as the first of its kind.

ABOUT FRX TOKEN PLATFORM

As a Defi ecosystem, FRX is classified important based on the concept it makes open through the FRX token that offers bonus rates as users change from TRX to FRX in multiples of several thousands and more in the wallet they are given for the purpose. The bonus rate is attached to boost the moral of the users and to support their Investments. FRX will be used from the same token that supports the token type with the index corresponding to the volume of the token to be exchanged. This is a special type of index that differs with the volume of the TRX token.

HOW TRADES WORKS ON FRX PLATFORM

All users with TRX will send the TRX token to be converted and will get FRX token in return. This plan has a particular way it will be carried out just like there is always a rate for conversion, when the amount of TRX transferred is up to 10k TRX, three times that amount will be sent back to the users as the value of FRX token. For example, if the user sends 9k TRX, three times that amount which is 27 k FRX token will be sent back to them.

On the other hand, when the FRX sent falls between the 10k to 50k range, the send value would be multiplied by 3.3 to get the amount of FRX to be sent. So when 30k TRX is sent, 99.000 will be returned to the initiators wallet.

Also for values within the range if 50k to 300k on the platform, these great traders will have a conversion that is 3.6 times the original TRX. This will go well and make all users seek to convert their TRX token from the wallets. All they will do is send and receive the FRX they deserve as they make use of the TRC20 type wallet to prevent them from any fault. This will keep their operations secure and make things easier.

CONCLUSION

So as this conversion is done to FRX from TRX, other ones would be achieved like the conversion to BTC or ETH all at a remarkable rates. Anytime a user or trader is going to deposit assets in ETH or BTC, it is best to send a mail to [email protected] to make them very sure about the process and also to know when and where to invest. This is how tokens would be taken care if even before and after the soft cap of the platform is achieved.

USEFUL LINKS
Website: http://feroxadvisors.com/frx
Telegram: https://t.me/FRXalpha
Twitter: https://twitter.com/feroxadvisors
Medium: https://frx.medium.com/
Github: https://github.com/opentron/opentron

AUTHOR'S DETAILS
Bitcointalk Username: Goldada
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2659339

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