FXPAY - BRINGING YOU FOREX POWERED BY BLOCKCHAIN TECHNOLOGY
Foreign exchange market is an international exchange of currencies between banks, liquidity providers, brokers and traders. Millions of investors are engaged in foreign exchange markets, executing transactions through brokers and trading various forms of money. The broker acts as an intermediary between the individual traders and the liquidity providers, which facilitates foreign currency transactions and communications.
made by Merchant, Brokers and Liquidity Providers for withdrawing and depositing the problem .
Lack of stability related to broker fees due to lack of standardization.
Exchange of money is a complex process that can take several days.
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With the lack of stability related to brokers, the transaction process is inefficient and complex for such a large industry.
FxPay Solution
By launching blockchain technology in the foreign exchange market, FxPeX is able to address inefficiency in the market so far that it has not been resolved.
By offering digital currency to brokers and traders, FXP provides a medium through which the Fiat currency is easily converted into FXP token.
Once it is securely logged on Blocken, it can be converted into any of our foreign exchange pairs.
Traders can then use foreign currency credits to participate in the market.
Once the trade has been closed, traders can trade foreign currency credits back in FXP or any other digital currency.
Traders can choose to keep foreign currency credits, which can be used later to continue trading at any level, or can be withdrawn in the Fiat currency through a foreign currency trading platform at a lower cost.
It offers traders and brokers an attractive alternative to traditional foreign exchange structure, by providing an innovative platform with the time of high fees and fast transactions.
the result is:
Increased profit margin for the
traders, the possibility of investment
cost savings for brokers while dealing with liquidity providers.
FXP can be used as a great hedging opportunity in the situation of high market volatility. Crypto investors can easily swap their crypto for a more stable Fiat option, unless the market is stable.
After all
So far, brokers have to contact the liquidity providers to provide liquidity. Then they can present it to their customers. In the future, FXP will act as its premium broker. Brokers have the ability to buy FXP at the current market price, as well as provide discounts. It provides benefits to those brokers who choose to use our platform. Brokers can choose to manage their risks and profits by using their profits and using their FXP's how much merchandise they want to allocate.
For More Information :
Website: https://fxpay.io/
White Paper: https://fxpay.io/pdf/FXPAY_V.1.4.pdf
Facebook: https://www.facebook.com / fxpayglobal
Twitter: https://twitter.com/fxpayglobalTelegram: https://t.me/fxpayglobal3
Author Bitcointalk Profile : Tirta1
ETH Address : 0x14DC29488c379Fa0f1f0D9E4B581025797F02c04
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