FXP is a gateway solution which will unify the Ecosystem and Forex industry based on the blockchain technologyEmail us changes on FXPay info
FXPay is an exciting and highly prospective business opportunity that brings innovative technology to the Foreign Exchange (Forex) market. FXPay believes we can intelligently mitigate risk and increase the speed of transactions in the Forex market through the utilization of its FXP token, an ERC20 token based on Ethereum blockchain technology.
By introducing blockchain technology to the Forex market, FXPay is able to address inefficiencies in the market that, until now, have not had a solution. By offering a digital currency to brokers and traders, FXPay provides a medium through which to effortlessly convert fiat currency into FXP tokens. Once it is securely logged on the blockchain, it can be converted into any of our Forex pairs.
Traders can then use Forex credit to participatein the market. Once trading has ceased, trader scan trade Forex credit back into FXP or any other digital currency. Alternatively, traders can choose to keep Forex credit, which can either be used to continue trading at a later stage or withdrawn into fiat currency through the Forex trading platform, at minimal cost.
Patrix Liu - CEO/Founder
Tim Sakolrit - CMO
Dhammarhat Khiaokaeo - COO
Wannipha Crypto Jen (Crypto Jen) - Buakaew Advisor
In the current #Blockchain -less #forex ecosystem, a 5%-7% #transaction fee is incurred on exchanging one #Currency for another. #fxpay is aiming to lower the transaction fee significantly by using blockchain. #fxpayico #cryptocurrency
#China ’s central bank on Sunday moved to support the #economy by slashing the level of #Cash that banks must hold as reserves, injecting a net 750 billion #Yuan ($109 billion) into the #Financial system. https://www.reuters.com/article/global-forex/forex-dollar-tenses-for-yuan-fix-as-china-eases-policy-idUSL4N1WN0KV #fxpay #Banking #ICO #forex
"The #broker is a crucial stakeholder in the #forex ecosystem. He/She acts as an intermediary between individual #traders and liquidity providers, facilitating Forex transactions and communications." #fxpay #forex #liquidity
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