Introduction
Since Blockchain system was introduced, the financial system has never remained the same. Blockchain impacted greatly on payment procedures, and there is a need to improve it, and continue with the technology to bring about positive changes in our entire systems. The Blockchain system has already impacted a positive influence on trading and payment procedures, and we hope to continue that way, because it is a seamless process. The decentralized system isn't exactly as perfect as some crypto enthusiasts make it look. It still needs to undergo improvements, and the high transaction payment is a turn off for most traders. Ferox Advisors noticed all these problems, and has come as a blockchain-based crypto exchange that will completely change the way crypto exchange is seen by some traders out there due to bad experience from other crypto exchange platforms. The team of Ferox Advisors is trying their possible best to make sure the transactions carried out on the platform is convenient and attainable to all the users.
What is Ferox Advisors?
Ferox Advisors is known to be a private bond platform that first came into existence in 2013 in UAE, Dubai. Their main objective is to provide advice to outside traders and crypto platforms on when and how to properly trade their tokens in a way that will bring in more profits for them. They have gone a long way in helping other platforms achieve their financial goals through asset trading e.g volatility arbitrage, event driven trading etc. They have also done a great job at expanding cryptocurrency which they only began to focus on in 2017. Another advantage of being a part of this great platform is that no management fee is collected from any user, instead they collect an agreed upon share of the trader's returns. Ferox token was mainly created to make it easier to share wealth among their devoted users around the world.
FRX token
The Ferox Advisors platform introduced a token that they call the FRX token which is known to be the main currency of the Ferox Advisors platform. It is known to be the world's first decentralized hedge fund token. This token was created on the Tron network, and is TRX token based. At time of launch, 1FRX=1TRX. Altogether, the platform will release a total supply of 700 million FRX tokens, and 400 million of them will be minted and disbursed during the first two years, while the remaining 300 million will be kept aside for special events and promotions.
Features of the Ferox Advisors platform
- Decentralized: Ferox Advisors avoids the need for intermediaries and third parties in their platform, so this makes it possible for users of the platform to directly handle their funds themselves instead of going through a long proces where intermediaries are involved.
- Security: This platform is known for its high security through the use of smart contracts which prevents hackers from getting hold of the users funds. So, users don't have to worry about the safety of their funds, because the Ferox Advisors platform have them covered.
USEFUL INFORMATIONS :
Website : http://feroxadvisors.com/frx
Twitter : https://twitter.com/feroxadvisors
Telegram : https://t.me/FRXalpha
Medium : https://frx.medium.com/
Github : https://github.com/opentron/opentron
Publishers Details :
Bitcointalk Username : Balili
Bitcointalk profile Link : https://bitcointalk.org/index.php?action=profile;u=2659344