Press Release

FinanceX – The next generation exchange

Share

Whoever thought that one day we’d be buying and selling invisible currency on a thing such as a cryptocurrency exchange? Nobody, I can guarantee you that. Well, perhaps maybe the inventor of Bitcoin, whoever they are. Regardless, the rapid development of crypto coins and extraordinary prices surges has drawn a lot of attention. From financial advisors to tech enthusiasts to your average everybody wants. Needless to say, the cryptocurrency world has exploded. Furthermore, since the development of Bitcoin, many other crypto coins have begun to surface. For instance, popular cryptocurrency such as Litecoin, Ethereum, Zcash, Dash, Ripple and many more. As a result of cryptocurrency price surges, many individuals have become self-made millionaires. Blindly betting on what the next big coin will be. However, not many individuals are interested in using the coins for commercial purposes.

Consequently, you get many individuals speculating large sums of cash on different cryptocurrencies. Similar to a stock exchange these individuals buy a particular type of crypto coin on a cryptocurrency exchange. Then came the FinanceX is a cryptocurrency exchange that will allow users to trade with fiat money. The team is focused on Southeast Asia. Traders will be able to use their own local currency to buy/sell other currencies. They will also have access to multiple payment systems (bank transfers, e-wallet, PayPal, etc.)

What is FinanceX

The FinanceX exchange platform allows users to trade using local currencies from various countries. This makes trading faster and easier because users can buy or sell cryptocurrency directly, not by slower and more difficult methods to use intermediaries, such as BTC or ETH. This means that users can trade finance differently from other exchanges.

Decentralized projects with values ​​that benefit potential investors, given the fluctuations in digital change. This network definition uses a rather unique theme from other blockchain platforms around the world, with a balance and value of investment that exceeds the capital needed in modern digital trading assets.

FinanceX partnered with President University to establish FinanceX Labs in Indonesia. The Blockchain Institute focuses on the right solutions across industries and initiatives to hatch, invest, empower blockchain, cryptocurrency, projects and community entrepreneurs.

CONNECTING FINANCEX EXCHANGES

The FinanceX exchange platform enables users to trade using the local currency from a range of countries. This makes trading faster and easier as users can buy/sell cryptocurrencies directly instead of a slower and more difficult method using an intermediate, such as BTC or ETH. It also means that users can trade from many different countries with no added difficulty, setting us apart from other exchanges.
FinanceX makes this process even easier by enabling the user to choose from a range of payment methods. These include local or international bank transfer, VISA or MasterCard, and E-wallet options (PayPal, Screw, etc.). Transferring from fiat to wallet takes about 30 seconds, withdrawing into fiat takes less than 60 minutes from transaction time. FinanceX is moving to make trading more convenient than ever before.

WHAT IS FINANCEX BETTER THAN OTHER EXCHANGES?

  • Simple transaction:
    Modern, intuitive user interface and simple order process so you can trade from day one.
  • High liquidity:
    This platform guarantees high liquidity with stable trading volume creating an attractive playing field in the investment process of traders.
  • Stabilization:
    The system is built on the most advanced and stable cloud infrastructure to ensure the highest availability.
  • Security and privacy:
    Secure your information and keep money in your wallet in the deal
  • Low price:
    This platform ensures that players receive competitive therapies and costs compared to those in each country
  • Transparent fee structure:
    We provide a simple fee structure with low rates. No hidden fees

BENEFITS OF USING FINANCEX

  • We provide customers with fiat-to-coin trading partners that allow cash out quickly and easily and allow traders to pass BTC if they wish.
  • Low trading costs. It is not uncommon to see trading fees set at 1-2%, but we only charge 0.3% and there are no hidden fees.
  • We offer transparency. Just as our costs are transparent, we want our team and our vision to be fully transparent. We plan to do this with our growing social media presence.
  • Real-time automated trading that can process up to 100,000 transactions per second. Most exchanges use OTC models that are less transparent, more risky, and much slower.
  • High liquidity. Once formed, our platform will offer high liquidity when we set up an interexchange network between Southeast Asian countries. Our FNX tokens will help in high liquidity.
  • Fast processing time. Bank-to-wallet transfers will take less than 3 minutes and wallet-to-bank is less than 1 hour. Much faster than competitors.

Token Sale Information

Website: https://ico.financex.io/
Symbol Token: FNX
PreICO Price 1 FNX = 0.014 USD
Price 1 FNX = 0.047 USD
Platform: Ethereum
Accepting: ETH, BTC
Soft cap: 3,000,000 USD
Hard cap: 15,000,000 USD
Country: Singapore
Whitelist/KYC: KYC

Conclusion:

FinanceX is a project that plans to establish a fiat to cryptocurrency trading platform. The platform when established will make the exchange and trading of cryptocurrencies easy than what is currency widely obtainable. The proposed exchange has the vision of becoming one of the most liquid through the introduction of the fiat-crypto pair in the exchange market.
This exchange will enable trader to trade a wide variety of cryptocurrencies using native currencies from their countries and various others.

A business and technology team that is solid with its expertise, a well-equipped white book explains the concept very well but does not have business / financial details that are important for investors and competition analysis.

The Crypto exchange market is completely saturated at this time so there is a huge investment risk. A strong social media presence! this product is RIGHT to imitate Binansi! I want to see more innovation because new exchanges will be difficult to survive! I know of at least 10-20 exchanges with 0 activities!

“Moving from fiat to wallet takes around 30 seconds, a withdrawal to fiat takes less than 60 minutes from the time of transaction. FinanceX moves to make trading more comfortable than before.”

This is very valuable in today’s context.

Positives
  • Team wise and advisory wise – this ICO has it covered. To ask anything more is gluttony!
  • Vision is Good. Its great to dream, but with the number of exchanges out there and the many many more that are springing up everyday, just how far will FinanceX go ???! That is to be seen!
  • FinanceX is well beyond the MVP, I like that there is an actual up & running platform, that’s pretty much hitting it of the ball park when it comes to product!
Negatives
  • Market :the product is EXACT mimic of Binance! I would like to see some more innovation as new exchanges are going to be hard to survive! I know at least 10-20 exchanges with 0 activity

Disclaimer: All information on this post is made to educate our readers. Don’t invest in any ICO unless you’re confident about its capabilities and do so at your own risk.


WEBSITE | WHITEPAPER | FINANCEX EXCHANGE | TELEGRAM | FACEBOOK | TWITTER | REDDIT | MEDIUM | YOUTUBE | LINKEDIN



Bitcointalk Profile: Pixmartz
Link Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=841835
ETHAddress: 0xa38370065430E1c101A339f0c779D52685c754D7


Share

Leave a Reply

Your email address will not be published. Required fields are marked *