FXPAY

FOREX MARKETING BECOMES MUCH BETTER THAN EVER USING FXPAY

Forex, that is Foreign Exchange or Currency trading is an over the counter market for the trading of currency. This is the main market that gets to dictate or determine the foreign exchange rate. This market consists of buying, selling and the exchanging of currencies at a current or a preset price. This is by far the most largest market in the whole world in terms of trading volume.

This market differs from the stock market in that there isn't a central marketplace for the currency exchange. The currency exchange takes place via computer networks between the traders all around the world and this makes it decentralized.

Problems that Plague the Forex Market

There are numerous problems that derail the forex market and this problems are so common among traders and they include

• Fees - The current forex market has a lot of fees attached to its daily transactions and such fees could include the withdrawal fees, or the currency exchange fees. The fees could range from 5-7% of the investments and this is so scary to potential users.
• Inconsistent Broker Fees - for a user to make use of the forex market, he or she will have to make use of a broker to arrange his or her transactions with the buyer or seller. These brokers usually charge fees that aren't usually stable and non standardised.
• Slow Exchange Transaction - most of the currency exchange process are usually slow and takes a lot of time for the process to be complete. This could be in form of hours, days or weeks and it's detrimental especially to an impatient trader

How the Above Solutions is being Solved

All the above problems that affect the forex exchange are being solved with the coming of a platform called the FXPAY platform.

The FXPAY was created by the FXPay Inc. and its a decentralised platform that uses cryptocurrency tokens in order to ensure investment security as well as token management in the Forex exchange.

The platform has the goal of making the largest and worldwide ecosystem adaptable community on a digital platform that will be able to support the various demands of the forex liquidity providers and the traders. This new platform will be readily available to rugged brokers that keep searching for ways to make transactions that will be more cheaper, faster and much more efficient.

With the platform, users will be able to invest with its native tokens and it will show them the daily volumes of transactions that happen everyday.

How Does the FXPay Platform benefit both the Traders and the Brokers

With the use of the FXPay tokens, both the users of the token can enjoy all the full benefits attached to the platform.

*For a daily trader, just simply holding the FXP tokens over time as the value increases, that way he or she can get more profit when it's being exchanged for fiat money.

*The Brokers also reap the benefits by the use of the FXP tokens as a means of payment to banks and also making profit from buying and selling FXP tokens to traders or the exchange.

Conclusion

With the Use of the FXPay tokens, all transactions done in the forex exchange has become much more faster, efficient and more reliable than ever and it benefits both the trader and the Brokers.

For more details, visit;

Website: https://fxpay.io/

Whitepaper: https://fxpay.io/pdf/FXPAY_V.1.4.pdf

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Author's Bitcointalk Username: Duda miskin

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