Bangkok, Thailand – April 23rd, 2018 – FXPay, Inc. shook the Forex and Financial industries today with the announcement of the launch of their ICO Pre-Sale and the first ever blockchain based Forex trading software. FXPay is an exciting and highly prospective business opportunity that brings innovative technology to the Foreign Exchange (Forex) market. In the Forex market technological advances seem stagnant, so a new and innovative platform that speeds up transactions and reduces fees from 6% or more to under 1% is sorely needed and welcomed by the Forex community.
The team at FXPay have more than 20 years of experience in software engineering and Forex trading. It was this expertise that gave them the ability to identify a need in the Forex market for new technology and then capitalizing on it. 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 a multi-functional e-wallet, mirror trading and a real debit card attached for easy access to funds. This 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.
During a recent interview, the company spokesperson for FXPay, Inc. was quoted as saying, “By introducing blockchain technology to the Forex market, FXPay is able to address inefficiencies in the market that, until now, haven’t had a solution. By offering a digital currency for brokers and traders, FXPay provides a medium through which to effortlessly convert fiat currency into FXP tokens.” He went on to say, “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.” He went on to say, “In order to become a global powerhouse we will be moving our headquarters to SOHO, London and will also be opening a satellite office in Hong Kong.”
The launch date for this highly anticipated ICO Pre-Sale is set to begin on May 1st 2018 and will close on May 31st 2018. During Pre-Sale only 10 Million FXP tokens will be offered at a cost of $0.75-0.95 cents per token depending on amount purchased. FXPay is also offering a bounty program of 7% and an unheard of 100% matching of investment in Forex trading credit that can be redeemed right away through www.IPtrades.com if purchased during Pre-Sale phase.