CRYPTOKID: FXPay: Forex Trading Platform Built on the Blockchain Technology

What Is FXPay?

The Forex market is one of the most traded markets in the world with more than 4 million transactions per day. The amount of profits that are lost in commissions and lagging transactions is staggering, which is why FXPay, Inc. decided to launch this new Forex trading platform completely built on the blockchain. Forex traders will finally have a platform that boasts amazing transaction speed and minimal trading fees.

FXPay Inc. is a gateway solution which aims at uniting the Ecosystem and Foreign Exchange (Forex) industry based on the blockchain technology. Using blockchain technology, The development was created in order to reduce the risks of the traders in the market and to increase the speed of implementation of all trades in the market by creating a personal token, FXP token, an ERC20 token based on Ethereum blockchain technology.

FXPay Inc. aims to create a community on a digital platform that is made to meet the demands of Forex premium brokers and traders. FXPay Inc. also aims to be the premium broker, thus FXPay clients will be able to invest in the Forex market with FXP token. This will provide a platform with both established users and significant daily volumes.

How It Works?

Using blockchain technology to the Forex market, FXPay addresses inefficiencies in the Forex market. 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 Forex pairs. Traders can then use Forex credit to participate in the market. Once trading has ceased, traders can 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traders can choose to keep Forex credit, which can either be used to continue trading at a later stage or withdrawn into fiat currency through the Forex trading platform, at minimal cost.

FXPay Features

This new trading software that acts as a Forex and Crypto gateway for both markets will have a robust set of features and benefits including:

Multi-functional e-wallet
Mirror trading
Debit card attached for easy access to funds.
Blockchain Technology integration with Smart Contract
FXP utility token

Additionally, the FXPay wallet will be available for both iOS and Android mobile devices. Users can send and receive FXP coins, exchanging them for Forex credit. The utilization of Smart Contracts in the FXPay platform may save customers up to 90% when compared to current payment structures on the market.

FXPay Roadmap

Q4 2017

Establish FXPay Inc.

Q1 2018

February: Sign a contract with first forex broker ( LP trades Inc. or lptrades.com).

Q2 2018

March: Launch https://www.fxpay.io for whitepaper and information about Token.

April:

Start offer Private sale in https://www.fxpay.io
Launch Bountry Program
Launch Airdrop campaign
Start Media campaign, Event Roadshow and ICO Pitching

May: Start offer Public Pre-sale in https://www.fxpay.io

June: FXPay joined Semifinals at " ICORACE " Lugano Switzerland.

Q3 2018

July: Start offer ICO Public (Round 4-5) in https://www.fxpay.io

August: Start offer ICO Crowd Sale (Round 1-2) in https://www.fxpay.io

September: Start offer ICO Crowd sale (Round 3-4) in https://www.fxpay.io

Q4 2018

October: Start offer ICO Crowd Sale (Round 5-6) in https://www.fxpay.io

November: Hit the first Crypto Exchange

December: List in Leading Crypto Exchange List in Coinmarketcap.com

Q1 2019

January:

Token Burned 25% Unsold token
Expand Client Base
Introducing New Forex Broker Partner

February: Establish FXP Premium Broker

March: Introduce FXPay Social Wallet with Mobile Application

Q2 2019

April:

Introduce FXP R&D Team and Show the newest Solution for FXP Blockchain
Token Burned 25% of Unsold token

May: Introduce FXPay Debit Card service & ATM service

June

M&A process of E-Shopping / Forex Decentralized Broker
Token Burned 50% of Unsold Token (All unsold tokens Burned)

FXPay Token

FXPay token ICO pre-sale has finished on May 31st 2018. The ICO Crowd sale will be held from August 1, 2018 and will last until October 31, 2018. During ICO, 190,000,000 FXP tokens will be offered at a cost of 1.60 USD per token. FXPay is also offering a bounty program of 7%.

Token Information

Token Ticker: FXP

Platform: Ethereum

Type: ERC20

Total Token Supply: 500,000,000 FXP

Token for Sale: 200,000,000 FXP

Acceptable currencies: BTC, ETH

Token price:

Pre-ICO price: 1 FXP = 1.15 USD

Price in ICO: 1 FXP = 1.60 USD

Minimum investment: 100 USD

Soft cap: 30,000 ETH