FxPay - solving the problems of the foreign exchange market (Forex)

The foreign exchange market (forex) can be called a global decentralized market for currency exchange practically. Simply put, a currency is the conversion of one currency into another. As we move towards the globalized world, there has been a significant increase in the number of currency transactions in recent years, which indicates mass adoption. In addition, his success in the work, it is very sad that in the current forex market are the crucial problems that have not been properly resolved.

Free trade in national currencies within the forex market was not in all profitable and convenient for its participants. Exchange transactions take a lot of time and are accompanied by high commissions.

Forex is the largest financial market in the world. The cryptocurrency market is one of the fastest growing and progressively developing ones. Why not combine the capabilities of the two industries?

FXPay is a promising business opportunity that conveys imaginative advances to the remote trade showcase (Forex).
The company's goal is to eliminate current market failures and provide economical solutions to brokers, traders and liquidity providers.

FXPay confidently lets investors to be beneficiary of their new product. The FXPay platform will instantly begin to solve problems and issues in the current Forex market.

FXPay intends to make a vast, universal network on a computerized stage that is made to address the issues of liquidity suppliers and dealers in the Forex advertise. The emphasis will be on premium merchants who require another exchange technique, which is made less expensive and speedier by utilizing blockchain innovation.

FXPay aims to expand this process by becoming its own premium broker. This will allow customers to freely invest in the Forex market with a token. This will provide a platform with large daily volumes that will constantly raise the price over time. Brokers can easily buy FXP at a discount price, and then distribute them to traders.

A successful trader, whether in the Forex or the cryptocurrency market, can not deal with foreign exchange transactions and make a profit, spending a few minutes a day sitting at the computer. Profitability requires constant monitoring of the market and the availability of an opportunity to timely conduct a profitable exchange operation.

In order for FXPay users to have round the clock access to forex trading with FXP, the developers of the project will launch convenient personalized mobile applications for iOS and Android.

Applications for smartphones will bring together all the functionality of the FXPay solution. Platform users will be able to purchase FXP tokens and exchange them for forex loans, without getting up from the couch, while on public transport or in line at the supermarket ticket office. Constant access to forex trading using a mobile application will become a kind of assistant for the trader.

Starting next year, FXPay together with Visa and MasterCard will issue their debit card, the owners of which will be able to make purchases around the world, regardless of the country and the national currency. Payments will be made directly from the account of the purse FXPay. Conversion to local currency occurs at the current exchange rate directly at the time of the transaction. Thanks to this, FXPay members will be able to pay for purchases and services in return for their profits in the forex market.

                                  Benefits for stakeholders 

For crypto and forex dealers, the FxPay environment is customized so that the cost of the coin is step by step expanded with respect to time. Numerous favorable circumstances (barring client expenses, extraordinary speed, and so forth.) FXP will prompt a colossal income on the stock trade stage.

In favor of intermediaries FxPay will fill in as an installment portal for exchanges amongst them and liquidity suppliers or banks. What makes this energizing system of rebates. Representatives will appreciate a markdown on their exchanges. This implies representatives will spare a considerable measure with regards to value-based charges.

The purchase of FXP will be readily available to brokers with stunning discounts and distribute them among their traders. The FXP Monument could be trained as a mechanism for acquiring and retaining clients by brokers.

              Cashback for early investors

From April 1 to 30, a closed presale of FXP tokens was held, within which sales were made to verified investors at the highest discount. After him, from July 1 to August 31, there was already a public round of pre-sale tokens. In order to somehow encourage the participants of the Pre-ICO for their contribution to the development of the platform, the founders of FXPay launched a bonus system in the form of a cashback.

The bottom line is that each participant of the closed system of token sales (closed verified investors) receives a cashback of 100% on the Forex loan for conducting successful margin trading operations with the national currencies in the Forex market. Thus, the FXPay team, on the one hand, motivates people to participate in project support and buy tokens during public sales, and on the other hand it provides an opportunity to participate in exchange trading in the most favorable conditions.

If the sale of the FXP marker reaches the goal for the complete distribution of tokens, it will have to become one of the largest tokens in history. This places a heavier burden on the FXPay team and their advisers. Considering this, FXPay 's fundamental rule of guaranteeing security and full straightforwardness for FXP holders, each settled upon with the ERC20 Smart Contract, related with the ethereum blockchain, will be liable to free cryptocurrency checks previously the offer of the tokens.
Individuals from the FXPay people group should experience the KYC/AML confirmation procedure to check the personality with a specific end goal to set up a protected nearness on the stage. This will enable them to make a customized and secure computerized wallet. This wallet will be accessible for the two iOS and Android cell phones. Clients can send and get FXP coins by trading them for Forex.

FXPay might want to offer financial specialists money rewards. Speculators can quickly utilize their Forex Credit to make bargains on one of the biggest exchanging stages on the planet, Forex._

The FXPay installment section to the trade will be founded on the Ethereum blockchain using the FXP token. The ERC20 token enables FXPay to completely deal with the facilitating of the advanced money. Ethereum is an entrenched computerized cash that fills in as the reason for a stage innovation that will give cybersecurity to all exchanges.

                                                          Details of the token

Ticker Symbol: FXP
Token Protocol: FXP is manufactured and operated within the ERC20 infrastructure.
Total delivery: 500,000,000 FXP TOKENS
Token Sale Private sale
Period: 1st - 30th APRIL 2018
Public pre-sale period: 1ST MAY - 31ST JULY 2018
Public sale period: 1ST AUG - 31STOCT 2018
Crypts were issued to run FXP: Ethereum (ETH), Bitcoin (BTC), Bitcoin Cash (BCH), Tether (USDT), Tron (TRX), Lucky Coin (HPC)
Distribution of tokens

                                                      Conclusion

The solutions offered in this report show how complete they are. The project also has experienced and good team members to deploy the idea. In my opinion, this is a bold attempt at a good course.

For more Information

Website: https://fxpay.io

Whitepaper: https://fxpay.io/pdf/FXPAY_V.1.4.pdf

ANN thread: https://bitcointalk.org/index.php?topic=3851151.0

Facebook: https://www.facebook.com/fxpayglobal

Twitter: https://twitter.com/fxpayglobal

Telegram: https://t.me/fxpglobal

Reddit: https://www.reddit.com/user/fxpay

My Bitcointalk Username: chidfranco

My bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2117147