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 theForex market, FXPayis able to addressinefficiencies in the market that, until now, havenot had a solution. By offering a digital currencyto brokers and traders, FXPay provides a mediumthrough which to effortlessly convert fiat currencyinto 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, traderscan trade Forex credit back into FXP or any otherdigital currency. Alternatively, traders can chooseto keep Forex credit, which can either be usedto continue trading at a later stage or withdrawninto fiat currency through the Forex tradingplatform, at minimal cost.