Review FXPay project

Sergey Aleksandrov
3 min readAug 29, 2018

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Greetings. Today I’m reviewing the FXPay project. FXPay wants to consolidate the Forex market and crypto-currency.
The project team wants to unite, should unite the forex market and the crypto-currency market. With the help of the blockade, transparency and security will be ensured. And smart contracts will allow quick exchanges of the FXP token.
All this will increase the speed of transactions, reduce the risks of market participants, and provide a low commission. Such optimization always has a noble effect on the participant.
Every time the participants of the Forex market face a problem when buying different currencies. And this is a waste of time for conversion. High commissions for exchange forced to make decisions deliberately and weighed. The solution with FXP token — facilitates the quick exchange for different currencies using fast transaction speed.
Since the token can be easily purchased on exchanges (in the future), a simple process of investing in the Forex market is created using crypto-currencies and not only. After you have made a profit, you have the choice of how to dispose of the profit, return it back to the tokens or leave it in the currency. Partly or completely, which is very convenient, because many use their usual currency pairs almost every day.
The main ideas of the ecosystem are social wallets, mirror trade and the most convenient debit card.
Purses are planned for Android and iOS. This way you will be able to use FXP tokens anywhere and anytime.
Mirror trading — is based on the strategy of experienced traders. You are given a signal and you decide to follow the strategy completely or partially.
Debit card — allows you to make purchases, like a bank card, only using the FXP token for settlements. I hope this will be your profit in the Forex market, with which you will be pleased to dispose of. Payments will be tied directly to the FXPay wallet. When using the card — the current exchange rate will be used during the transaction.
Smart contracts act as an intermediary. Thus, the benefits of intelligent contracts are readily available, and not the high cost of paying for their use of smart transactions makes them attractive.
The principle of operation is the conversion of the pledge of FXP tokens. Your tokens are converted into loans for trading in the Forex market.
The main goal is to become a premium broker for the entire forex market, based on clever contracts. The technology of blockchain will provide the necessary transparency and trust.
With the help of partnerships, it is planned to attract well-known Forex brokers. FXP tokens themselves
Current price: 1 FXP = 1.6 USD. Soft cap: 30,000 ETH, Hard cap: 90,000 ETH.
The distribution of tokens will occur according to the following principles:
40% — sale
20% — the team of founders
10% — mergers and acquisitions
8% — research and development
7% — affiliate program and bounty
5% — advisers and director
5% — treasury, audit
5% — reserve.

Project plans for the near future September 2018 — ICO Crowd Sale (round 3–4) as a result of the token of the FXP token on Coinmarketcap.com

An experienced team of the project:

#FXP Token, #FXPay #Token Sale, #Industry and #Blockchain.
References
https://fxpay.io/
https://www.facebook.com/fxpayglobal
https://t.me/fxpayglobal3
https://twitter.com/fxpayglobal
https://www.reddit.com/r/FXPayGlobal/

Bitcointalk username: GoodwinUA
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2206217
ETH: 0x79Fac7e06Df42c84faDB5030f81DFF8Aaf861106

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