Finxflo

Finxflo

FXF
$0.001285178%-0.41

Key Metrics

Price$0.001285178
Real Volume (24H)$19,462.87
Marketcap$116,277.37
Fully Diluted ValuationN/A
ATH$1.59
ATH Date4/16/2021, 7:17:55 AM
ATL$0.00163547
ATL Date12/20/2022, 11:00:32 PM
Circulating Supply96M
Total Supply150M
WebsiteN/A
WhitepaperN/A
Popularity Rank3409
Chart
What is Finxflo?

Finxflo (FXF) is a user-centric cryptocurrency exchange that aims to provide traders with competitive prices by curating prices from various CeFi and DeFi protocols. The platform seeks to resolve the issue of high trading charges by offering traders access to multiple exchanges through one registered account, one KYC, and a single wallet. The goal is to ensure that traders can maximize their returns on funds while enjoying a seamless trading experience.

To make this possible, Finxflo introduces an easy-to-use interface that implements an efficient smart order routing algorithm to facilitate the prompt distribution of a trader's order across various exchanges. Smart order routing (SOR) is an automated process of assessing liquidity on multiple servers or exchanges to lessen the risk of slippage on large asset orders.

Finxflo is officially monitored by the Monetary Authority of Singapore (MAS), and it follows global regulatory standards to ensure that traders can store their valuable digital assets in a secure space. The platform pairs with efficient custodians and implements upgraded security protocols for additional security of assets.

FXF functions as a multi-utility token of the platform and operates as an ERC-20 token, BEP-20 token, and TRC-20 token, signifying that FXF is tradeable across multiple blockchains. Users can generate passive earnings by staking the FXF tokens or farm FXF tokens to win additional revenues and token rewards. Furthermore, users can directly utilize FXF tokens as a means of payment, and the platform executes a buyback mechanism, which indicates the platform repurchases 5 percent of the FXF tokens in circulation. By decreasing the tokens in supply, Finxflo works to scale the value of FXF.

The founders of Finxflo are James Gillingham and Thomas Plaskocinski, and the total supply of Finxflo tokens is one hundred and fifty million FXF.

In conclusion, Finxflo seeks to provide traders with an affordable and seamless trading experience while ensuring that their digital assets are secure. The platform's multi-utility token, FXF, enables users to generate passive earnings, win additional revenues and token rewards, and directly utilize FXF tokens as a means of payment. With the founders' vision and support from the Monetary Authority of Singapore, Finxflo has the potential to become a leading player in the cryptocurrency exchange industry.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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