Fox Trading — Forex & Cryptocurrencies Trading Service
Today cryptocurrencies have become a global phenomenon that has been drawing increasing attention by large audience. More and more people are excited by incredible stories of huge capital gains achieved for relatively short periods. At the same time, trading in cryptocurrencies requires some level of specific knowledge and ability to manage wallets, private keys, exchange account etc. Moreover, successful trading demands certain level of cryptocurrency market understanding as well as considerable time to be spent in front of monitor watching for right moment to sell or buy. In such conditions, many potential investors restrain from cryptocurrency markets. At the same time this situation is splendid opportunity for companies that provide solution for abovementioned problems. One of such examples can be a Fox Trading platform that aims to improve and modernize the algorithmic trading platforms using Blockchain technology.
Fox Trading platform is the next step in development of the real company that have been trading in Forex market since 2014. The team decided to step into cryptocurrency hype offering Platform users a modern tool for cryptotrading with the following advantages:
Fox Trading system is built on one algorithm created by programmers and traders, based on 2 years of results on the Forex industry, which has been renewed and adapted to Forex and Cryptocurrencies trading. The algorithm is based on MetaTrader 4 (main Forex trading platform) and programmed in MQL4. The algorithm provides to our traders team clear market opportunities but they are the ones who finally validate and execute the orders and send signals to the customers.
The algorithm will also work with Fox Trading Trading Pool that is going to be financed by 15% of total funds raised during ICO. 75 % of future profits generated by Trading Pool will be distributed between token holders (paid as a monthly or quarterly fee). The other 25% will be reinvested on the Trading Pool to increase the funds and generate more profit.
The Fox Trading is also plan to launch the Autotrading Service that will use APIs provided by the most important exchanges of cryptocurrencies to offer users the ability to copy all platform’s trades in a 100% automatic way. However, access to Autotrading Service will be granted only to Premium member. The premium membership is designed to be exclusive option available only for ICO participants with minimum contribution of 0.5 ETH.
The ICO will be conducted in two stages: Presale and Main sale. Token Presale started on 7th February 2018 offers 4,500,000 FXT at a special price of $0.34 (that is 50% discount comparing to the end price). Minimum transaction amount is 0.1 ETH. The Main sale will start on 10th March 2018 or at the end of Presale. During this phase, a maximum of 30,500,000 FXT will be sold unless there is FXT that was not sold out during the previous stage, which would be added to that cap.
All details about ICO are available on the Fox Trading official website. For more specific information about the project, please reffer to Fox Trading Whitepaper.
This review was inspired by the translation and localization project completed by the team of ICO-Translate.com for Fox Trading project. The original article is published in our blog.
Source:
Official ICO website: https://foxtrading.io/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2822026.0
White Paper: https://foxtrading.io/doc/FoxTrading-Whitepaper_EN.pdf
Telegram: https://t.me/FoxTradingICO
Twitter: https://twitter.com/foxtradingfx
Facebook: https://www.facebook.com/foxtradingsignals
This review was prepared by albermaze.