GENERAL VIEW

Virtually everyone is looking for a means to grow their money. However, forex trading has been tagged as one of the best way to grow money. Forex system works through purchasing, trading of monetary forms at a current or predestinated price and this has made forex exchange operation the most largest market in the whole universe as far as distributing volume. Furthermore, it is now a crystal clear that this exchange system holds the key to great fortune which has been proven by several testimonies. Moreover, the forex market has been associated with various challenges that has reduced the integrity and the usage of the trading system. Seeing the benefits of this great system, shouldn't there be a way out of this challenges? Definitely Yes!. Therefore, Fxpay has emerged to remove the challenges and thereby enhancing the exchange system in order to be more useful to the world.

THE CHALLENGES IN THE FOREX INDUSTRY

Some challenges have broken out of the forex market that has lead to the limitations of the industry. These challenges are mostly common between the brokers and the incorporate.
Excessive pricing~ The current forex distribution operations have high charges that are associated with various exchanges in everyday transactions. These expenses are most associated with the withdrawal, money trade and most importantly it has been predicted the charges are to increase from 5-7% which is even worse.
Contending brokers fees~ Due to the fact that most people are not knowledgeable about the operations of the forex trading, there is a need for a mastermind to help them carry-out their exchanges. However, the charges from these masterminds are often much and huge.
Sluggish exchange transaction~ Most of the money traded on this system are sluggish. Sometimes, most transactions may take hours, days or perhaps weeks.

THE SOLUTION TO THESE CHALLENGES

Seeing the limitations and the challenges of the forex exchange system, Fxpay has emerged as a savior to this industry through the utilization of the block chain functionalities.

The concept of Fxpay

This project is established by Fxpay inc. the aim of this project is to make use of de-centralized operations through utilization of ledger tokens to provide a sure protection and token administration in the Forex trade.
This project is a sophisticated project that is created to process versatile network on a computerized medium that will have the ability to process various forex liquidity demands and supplies. This project will address the tough challenges that makes exchanges difficult for the users of forex industry. Fxpay will serve the people better by providing a quicker, lower cost, and proficient forex system for the whole world.
The users or the participants will be able to distribute funds through the platform token called FXP token.

FXPAY ADVANTAGES TO THE TRADERS AND BROKERS

With the utilization of Fxpay tokens, the users can enjoy all the full advantages of the platform.
For current dealers holding the FXP tokens for a while they will benefit when the tokens are being traded for fiat cash.
The brokers will be partaker of the reward that will be distributed when they utilize or explore the Fxpay tokens as a method of payment to banks. Clients will also make more profits from acquiring FXP tokens.

CONCLUSION

It is a solid fact that this project will reduce the cost and limitations affecting the forex industry, and as a result of this, I strongly believe that this project will definitely be successful.

RELEVANT LINKS TO FXPAY

Website: https://fxpay.io/
Ann Thread: https://bitcointalk.org/index.php?topic=3851151
Whitepaper: https://fxpay.io/pdf/FXPAY_V.1.4.pdf
Facebook: https://www.facebook.com/fxpayglobal
Telegram: https://t.me/fxpayglobal3
Twitter: https://twitter.com/fxpayglobal
Medium: https://medium.com/@fxpay

Author
Bitcointalk Username: Nwankwobtt
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1811995