The project looks good, the details i have read uptill now have impressed me and people here do also need to know that this is not going to be just another crypto exchange but an exchange aggregator where we will be able to use the liquidity from most of the other exchanges from a single account, this is great product and i hope they will come up with quality platform as expected from them.
I too want to know more about the use of the token i mean how does it fit into the ecosystem? For example, do you offer percentage profit to token holders? (Security tokens)
Or do you incentivize holders by reducing trading or withdrawal fee.
Will you be using this token as fee from projects eager to list on the platform?
Are you planning to buy back the tokens from open market every quarter from profits?
What else benefits or uses the token will provide to investors and hodlers?
Hi thanks, our token will be purely a utility token and will be used to reduce trading fees. There will be no profit sharing as it is not a security token. The platform will begin as a hybrid accepting both FXF Token and other cryptos to pay fees but by the end of 2021, we look to have FXF Token be the only token accepted to pay trading fees. There is no withdrawal fee.
So the token will be the only way to use our trading platform. The token gives access to the platform where users can access the global best price across dozens of exchanges and access to OTC and Dark pool liquidity and arbitrage opportunities. We will have tons of other features coming soon such as allowing users to trade with bots. Allowing users to copy traders, a trading academy, margin trading, and more.
Our beta testing starts on July 08th and we are looking for input from very active traders. Our goal is to build a trading platform built specifically by traders for traders using their input to create a perfect platform
No plans for a buyback yet. Some of the locked tokens will go towards expansion as we plan to open offices in the UK and USA.
