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 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.
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.
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.
IEO Pre Sale and Launch
With Cryptocurrency and blockchain technology, 1FX Coin will be able to solve the inefficiencies in the market which until now had no solution.
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
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 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.
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.
*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.
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
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)
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.com ☞ https://www.bittrex.com ☞ https://www.poloniex.com ☞ https://www.bitfinex.com ☞ https://www.huobi.com ☞ https://www.mxc.ai ☞ https://www.probit.com ☞ https://www.gate.io ☞ https://www.coinbase.com
Find more information 1FX
🔺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
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Wallet address: BTC: 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c USDT: 0xfee027e0acfa386809eca0276dab286900d75ad7 DOGE: DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ
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