What is 1 Forex Coin (1FX) | What is 1 Forex token | What is 1FX token

What is 1 Forex Coin (1FX) | What is 1 Forex token | What is 1FX token

1 Forex Coin (1FX) is an exciting and highly potential business opportunity that brings innovative technology to the foreign exchange (FOREX) market. The main objective of this platform is to remove existing inefficiencies within the market, elimination of intermediaries and provide cost-saving (less fee & tax) solutions to brokers, traders and liquidity providers using cryptocurrency and blockchain technology. What is 1 Forex Coin (1FX) | What is 1 Forex token | What is 1FX token

In this article, we'll discuss information about the 1 Forex Coi project and 1FX token. Let's go!

Foreign Exchange or Forex is the biggest financial market in the world and it involves the buying and selling of different types of currencies. Traders of FOREX keep their eyes on currency exchange rates to get profit from trading foreign currencies.

The FOREX market has various key features including a wide variety of currencies available for trading, low transaction costs, trading 23 hours a day during the week, market size, and volatility.

However, the FOREX market also has a few problems, and traders, investors, and almost all parts of this industry and their profit get hit by these problems.

These problems include, traders find it difficult to fund their trading accounts with fiat currency, overseas transactions, Time Consuming, high transaction fee, and add-on taxes.

These all, while combined make it worse to withdraw your profit. There was no solution to all these problems until now, but not anymore, we are here with 1FX Coin.

1FX Coin

1FX Coin will bring a revolutionary change in the Foreign Exchange Market. It provides facilities for its customers and almost everyone to trade in Foreign Exchange (FOREX) with Cryptocurrency.

1FX and trading platform is aimed at addressing the current inefficiencies within the market and providing effective and profitable solutions to brokers, traders, and liquidity providers by utilizing cryptocurrencies and blockchain technology.

It will effectively eliminate the intermediaries from the international money transfer process for FOREX and will reduce the risk of brokers and traders by providing opportunities and increasing the speed of transaction in the FOREX Market.

To achieve our aims, 1FX Coin is going to partner with more and more brokers worldwide in the next two years, and it will make it easy to withdraw instantly and anonymously.

1FX will offer a digital currency to brokers, traders, etc., and the trading platform will provide a medium through which users can easily convert fiat currency into 1FX Coins and then trade it in the FOREX market.

The use of 1FX Coin aims to reduce costs effectively by providing more opportunities for brokers and traders and increasing the speed of transactions in the FOREX.

Benefits of 1FX Coin

There is a long list of benefits traders, investors, and all the parties linked to the FOREX trending, and you can access the same from the whitepaper. Meanwhile, a few of the key benefits are listed below.

  • By eliminating intermediaries such as banks and money transfer websites from the process of international money transfer for FOREX trading, 1FX Coin will reduce the cost of transactions.
  • Users can withdraw instantly and anonymously.
  • Traditional methods can take 3–7 days to wire the payment and no withdrawals on bank holidays including weekends. But 1FX provides 24/7 instant deposits and withdrawal facilities.
  • 1FX Coins in the Foreign Exchange Market means more Financial-Liquidity for everyone.
  • 1FX Coin is a cryptocurrency and the platform is a decentralized platform thus there will be no taxes.
  • A limited supply of 600 million Coins, means coin prices will grow rapidly.
  • Lower transfer fees and higher-yield returns.
  • 1FX coin ideology is based on simple demand and supply economics.

1FX Coin Details

There is a total coin supply of 600,000,000, and 50% of the same i.e. 300,000,000 1FX Coins are made available for IEO Coin Sale. Other details are as below.

Coin Details

  • Name: 1FX Coin
  • Total Token Supply: 600,000,000
  • IEO Coin Sale: 300,000,000
  • Blockchain Technology: Ethereum ERC-20

Coin Distribution

  • IEO Coin Sale: 50%
  • Partners:20%
  • Development and liquidity:10%
  • Reserves for the company:5%
  • Marketing & Sales: 5%
  • Reserves for Networkers: 5%
  • Bounty: 5%

IEO Pre Sale and Launch

  • IEO PRE SALE JAN 26th -31st IEO Price: $0.20
  • IEO PRE LAUNCH FEB 01st -14th 2021 IEO Price: $0.40
  • IEO LAUNCH MAR 15th -MAR 31st IEO Price: $0.80
  • IEO DUBAI LAUNCH MAY 15th — MAY 31st IEO Price: $1.60
  • IEO ABU DHABI LAUNCH JUL 15th — JUL 31st IEO Price: $2.40

How does 1FX Coin work?

With Cryptocurrency and blockchain technology, 1FX Coin will be able to solve the inefficiencies in the market which until now had no solution.

  • The 1FX team will partner with brokers around the world in the upcoming two years, and it will make the withdrawal of profit instantly and anonymously.
  • 1FX Coin will be offered as a digital currency to brokers, traders, investors, etc, and the 1FX platform will work as a medium through which users can effortlessly convert fiat currency into 1FX tokens and vise-versa.
  • They can continue trading or withdraw in fiat currency at a later stage through the FOREX trading platform, at the minimum cost possible.
  • When 1FX Coins will become new normal, and everyone will start exchanging 1FX Coins then they will get more profit and cheaper transactions and there will be no tax.

1FX Coin is here to solve the existing problems of the FOREX Market. It will help traders, investors, brokers to save more profit, avoid taxation, and make transactions faster and safer. More details about the 1FX Coin can be easily accessed from the 1FX Coin Whitepaper.

PRE ICO END DATE: 14 February 2021 START DATE: 15 May 2021 END DATE: 31 May 2021

How to Buy 1FX Coin: Beginner’s Guide

1FX IEO PRE SALE ended in the last month and the end of the 1FX IEO PRE LAUNCH sale is also very near. People are joining 1FX and showing their love by investing in it.

However, we got some questions on social media, in which people were asking about the process of creating a 1FX account and buying 1FX coins. So here we are with the process.

1FX Coin — The Next big change in Forex Trading

1FX is a Cryptocurrency and blockchain-based platform, It is the world’s first forex trading crypto coin, which is not only secured but the quickest mode of international transactions with the minimum trade and transaction fee.

The main aim of this platform is to remove mediators and save more funds for traders and investors. It also makes sending and receiving payments more hassle-free using peer-to-peer networking using ERC20 token named 1FX Coin.

1FX is providing cost-saving (less fee and taxes) solutions to brokers, traders, liquidity providers, Holders, crypto users, using blockchain technology.

1FX Coin will bring a revolutionary change in the Forex Market by introducing Cryptocurrency in the.

By using 1FX Coin, Forex traders, Investors, brokers will enjoy the benefits of Decentralized Finance (DeFi), blockchain, cryptocurrency, and Forex trading altogether, without worrying about taxes, transaction fees, financial obstacles, security/ data breach, and other problems that exist in Forex Market.

The process to buy 1FX Coin

Now let’s proceed to the main topic, to buy 1FX Coinpeople can follow one method from the following,

You can invest in 1FX or buy 1FX Coin from the official website of 1FX, and the step-by-step procedure is provided below.

  • Open 1fx.us.
  • Now find the “Signup” button and click on it.
  • Fill in the basic details such as Name, Mobile number. Email, Referral Code (if any).
  • “Solve the Google Captcha”, agree to the privacy policy, and click on the “signup button”.
  • “Verify the Email” using the link provided in the verification mail.
  • After it, log in to the 1fx.us by clicking on the “Login” button available on the homepage.
  • Thereafter, the main dashboard will appear.
  • To buy 1FX Coin, you need to add Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), or Tether (USDT) in your wallet. To do that, choose the currency and fill in the value of your holding currency and click on the Add button.
  • Now, a QR code will appear, scene & complete the transaction procedure.
  • Now to buy 1FX coins, scroll down and find the “BUY 1FX COIN” section.
  • Here, Select one Payment Method from Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), or Tether (USDT).
  • Either put the value of the other currency you want to invest in or put the numbers of the 1FX coin you want to buy.
  • Check details and click on “Next Step”.
  • Now complete the transaction procedure.
  • That’s it, the 1FX Coin will be loaded into your 1FX wallet.

*To access the 1FX wallet directly, visit 1fx.us/wallet/

1FX will be listed on various cryptocurrency exchanges, and buy 1FX Coin most of these exchanges will have similar procedures.

  • Visit the exchange website.
  • Find the Signup button.
  • Fill in the asked details.
  • Verify the Email and Mobile number.
  • Now log in to the exchange.
  • From their dashboard, buy 1FX coins.
  • 1FX will be loaded into your wallet.

That’s it, You can invest in the 1FX or buy 1FX Coin via the official website of 1FX or you can also buy coins from any exchanges 1FX Coins are listed on.

Would you like to earn TOKEN right now! ☞ CLICK HERE

How and Where to Buy 1 Forex Coin (1FX) ?

1FX has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy 1FX

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)...

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since 1FX is an altcoin we need to transfer our coins to an exchange that 1FX can be traded. Below is a list of exchanges that offers to trade 1FX in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase 1FX from the exchange: UNISWAP, 15 May 2021 and website https://1fx.us/front

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once 1FX gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

https://www.binance.comhttps://www.bittrex.comhttps://www.poloniex.comhttps://www.bitfinex.comhttps://www.huobi.comhttps://www.mxc.aihttps://www.probit.comhttps://www.gate.iohttps://www.coinbase.com

Find more information 1FX

WebsiteWebsite 2WalletExplorerWhitepaperSocial ChannelSocial Channel 2Social Channel 3Message BoardMessage Board 2Documentation

🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds

Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

Don’t hesitate to let me know if you intend to give a little extra bonus to this article. I highly appreciate your actions!

Wallet address: BTC: 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c USDT: 0xfee027e0acfa386809eca0276dab286900d75ad7 DOGE: DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ

I hope this post will help you. Don't forget to leave a like, comment and sharing it with others. Thank you!

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