FRX TOKEN: A PLATFORM FOR TRADERS GROWTH THROUGH THE OPERATIONS OF FRX PLATFORM

in #ferox4 years ago

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INTRODUCTION

With the global turn around that is happening in the digital world through decentralization, many platforms are picking it up fast enough to have decentralized features and many more way of operating in this way which is a good one. However, FRX has come through with the credibility which comes from being a decentralized project and also having the features of hedge fund to impress crypto users. This platform remain a Defi concept and has a unique style to its operations in the industry despite being a Defi innovation.

ABOUT FRX PLATFORM

This platform is one of kind on the blockchain, it is a fusion of both hedge fund and DEFI, offering the crypto users a new token (FRX) that they can use and have several possibilities with as the token is made affordable and available to all the participants already. The operations of this project will be very dynamic such that users will have ways of interacting and using great features of the platform with total freedom as they use the features in this ecosystem. The platform already set different rounds for the token sale. FRX which is the token will bring multiple bonus rate and will be based on the investment of the users.

FEATURES/PROVISIONS OF FRX PLATFORM

The users will be given the FRX master wallet to hold the token they purchase or their unconverted TRX. This wallet will play different roles like making it possible for users to store up their FRX token, to follow up Investments or trading activities that are initiated by the user and to send tokens to other users in the ecosystem.

In this platform, there is a particular index of conversion for the token from TRX to FRX. This is what I want to talk about now.

In the user's wallet, 1 TRX will be taken for 3FRX given for exchange and so if you have 8000 TRX for instance, you will be able to accumulate 24,000 FRX in your wallet to invest and do a lot more. The same way those who have other values less than 10,000 TRX will continue in the 3 to 1 ratio while valued of TRX token between 10k to 50k will have this index for conversion, 1 TRX = 3.3 for such values which the users will comply with and everything will be fine.

More so, values of TRX that is between 50k to 300k will use the rate; 1TRX = 3.6 FRX meaning that the more TRX you wish to convert, the more FRX token one would accumulate.

CONCLUSION

The wallet to be used when depositing the TRX to be change really matter, which is why a TRC20 complaint token is recommended. This is much more better than random exchange addresses that people use. The way conversion is done for TRX to FRX also applies for other tokens that are bigger than FRX itself and this is for a very important reason. Users are adviced to get more of the FRX token, deposit them in the wallet and be ready for the real deal with this platform on the blockchain.

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: Zikora
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2661429

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