Introduction:
Our present world is no longer as we know it. Many advanced means have been welcomed, and it has also brought about easier operations and better results as we know it. For example, cryptocurrency is a digital currency that is almost taking over the fiat money. This digital currency seems to be even more welcomed than the main currency because of the absence of certain factors that can be found when it involves fiat money and centralization. Lesser fees are involved when it comes to cryptocurrency unlike in fiat money. Up till this day, cryptocurrency is still growing, and many projects have been brought up to further push the full adoption of cryptocurrencies.
FRX Background
This platform is basically a unique platform with experience in trading derivatives and cryptocurrencies. They are also the first to introduce to the world, the first Decentralized hedge fund token, FRX. Their proprietary trading systems were brought up from the scratch by them with asset managements involving event driven trading etc while adding cryptocurrency to the long list in 2017. Ferox Advisors Ltd is known to be a private company, and no public offering will be offered for its token. The token generation was generated by its members after they showed their interest in becoming shareholders for this unique platform. This will make it not only possible for members to enjoy their future cash flows, but also benefit from the platform's utility token, FRX.
Advantages of being a part of a hedge fund while owning a crypto assets includes:
- No intermediaries and complex fees and processes.
- The smart contract of the Forex Advisors guarantees the members of rewarding them with pro-rata profits.
- There are no political obstructions into entering the platform.
FRX Utility
Members don't only get to enjoy the shares present on the hedge fund, but also get to be able to place bets with the FRX token through the official website of Forex Advisors. These bets will look just like binary options, but unconfined where all the members have to do is to place a bet in either the upwards or downwards direction on major cryptocurrencies and commodities. They can also be part of the payout structures affirmed by smart contracts through the FRX token. Whatever profit is earned by members at the end of these betting activities will be paid to them monthly. FRX and TRX bonuses will be given to whichever member that stakes FRX or its pairs with their Decentralized app using the accepted web 3.0 wallets.
Conclusion: Within the years, Forex Advisors has improved their trading strategies, and now want to offer the best to external traders. They have given these traders the opportunity to own and handle shares of a hedge fund while scrapping banks and middle men with zero bureaucratic fees, and at the same time handling their privacy in a good way. FRX is on the Tron network, and Forex Advisors will try its best to keep it away from political influence of crypto stakeholders.
USEFUL LINKS :
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 : Ebewah
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2835164