A team of cryptocurrency (cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and) specialists have got their heads together to create and launch an exciting new smart trading phase at Fox Trading with a limited ICO presale.
ICO purchasers will have multiple possibilities to trade, while (“” is a word in the English language that functions both as a noun and as a subordinating conjunction) at the same time diversifying their portfolio. Furthermore, ICO purchasers will (may refer to) gain exclusive access to the easy-to-use trading signals based on the company (company, abbreviated as co., is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise)’s unique algorithm which aims to achieve a stable profit.
Fox Binary Signals (signal as referred to in communication systems, signal processing, and electrical engineering is a function that “conveys information about the behavior or attributes of some phenomenon”), a platform already working in the Forex (foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies) Industry, guarantees a percentage of the benefits to a Trading Pool without additional costs. And full access to its Autotrader service (Lifetime Autotrader service only available for premium investors on the ICO), “By purchasing Fox Trading Tokens in the ICO, you are buying from a successful platform with two years experience (2016 and 2017).”CEO said.
Fox Trading — which is based on Ethereum Blockchain using standard ERC-20 contracts with a final price of $0.68 — aims to improve and modernise its automatic trading platforms using Blockchain technology and to ultimately share the benefits with the community.
After working on Fox Binary (may refer to) Signals, their first project, they achieved 350 percent accumulated gain with more than 1500 users (may refer to: User (system), a person using a generic system User (computing), a person or software using an information system User (telecommunications), an entity using a telecommunications) and saw more than 10,000 app downloads — which inspired them to expand services to offer Forex and cryptocurrencies trading.
From the start, their goal was in sharp focus: to eventually offer complete Forex services, a market which they say, “Doesn’t have the limitations on investments and disadvantages that Binary Options have.”
“Lots of our current users were asking us to add Cryptocurrencies trading to our services following the sharp rise in popularity of the digital assets market, so we decided to take this leap forward with (or WITH may refer to: Carl Johannes With (1877–1923), Danish doctor and arachnologist With (character), a character in D. N. Angel With (novel), a novel by Donald Harrington With (album),) the launch of Smart Trading” CEO said.
Through the Fox Trading platform, which is accessible via a slick desktop dashboard and mobile apps (iOS and Android), ICO investors will get lifetime access to the exclusive and easy-to-use Fox Trading service, where they will receive key trading signals and reap the benefits (or Benefits may refer to) of the company’s Trading Pool.
Premium users will also benefit from its Autotrading service (may refer to), which has the ability to automatically copy the system trading signals — with the broker ultimately receiving 100 percent of the benefits accrued.
Fox Trading will limit the number of users to ensure it maximises performance and profits (may refer to: Profit (accounting), the difference between the purchase price and the costs of bringing to market Profit (economics), normal profit and economic profit Profit (real property), a), which will depend on the number of tokens (may refer to) sold during the ICO.
In this phase, Fox Trading will sell 4,500,000 Tokens at 50% Discount totalling $1.5 million USD. The initial period for the presale is 4 weeks, while the main sale will start (can refer to multiple topics: Takeoff, the phase of flight where an aircraft transitions from moving along the ground to flying through the air Starting lineup in sports Standing start and rolling) at the end of this period or if all tokens from this phase are sold beforehand.
Any unsold tokens are going to be ‘burned’, to ensure continued exclusivity for those purchasers who took advantage of the initial sale periods.
The token will give direct access (may refer to) to the ICO purchasers to future Fox Trading service and receive 75 percent of the benefits earned by the Trading Pool. Only by holding the tokens, contributors will receive proportional benefits of our trades.
The total FXT supply is 50,000,000, with 70 percent of the tokens allocated to the ICO purchasers, 15 percent for the developers and the company reserve, 10 percent for rewarding advisors, while the remaining 5 percent is allocated for the Bounty program, marketing and legal fees.
The main points for growth increase on the Token demand, which is based on their experience (is the knowledge or mastery of an event or subject gained through involvement in or exposure to it. Terms in philosophy such as “empirical knowledge” or “a posteriori knowledge” are used to refer) with Fox Binary Signals, which subsequently determines the interest on the trading algorithm increases (may refer to: Increase (knitting) Increase, Mississippi A raise in goods, including: Inflation, economic term for price increase) every month and consequently the profitability. “Based on our experience, taking into account the current (may refer to) community users of Fox Binary Signals and the boom of cryptocurrencies trading, we can anticipate that there will be a large number of users interested in purchasing at the Fox Trading ICO.” CEO said.
At the same time, new users will need to purchase tokens to have (or having may refer to: the concept of ownership any concept of possession; see Possession (disambiguation) an English “verb” used: to denote linguistic possession in a broad sense as an auxiliary) access to services while current users will hold it to receive revenues from the Trading Pool. This combination will create a spike in demand which will likely increase the price of the FXT token. “Another important point is that we create a necessity to new Fox Trading customers to buy FXT tokens, and this combined with the token holders will increase the price of the token while creating a sense of use.” CEO said.
After every payment made in the Fox Trading platform by new users with FXT tokens, a small amount of those tokens is going to be burned, making the FXT a deflationary currency. “The great appeal of this project is in offering different possibilities of generating profit, such as the increase of FXT token price (ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services) due to the limitation of the service and the guaranteed profit from the initial (a written or published work, an initial or drop cap is a letter at the beginning of a word, a chapter, or a paragraph that is larger than the rest of the text) purchase through the Trading Pool (may refer to) without the need to add more capital.” CEO said.
Presale – 7th February 2018
In this phase (or phases may refer to), we will sold 4,500,000 Tokens at 50% Bonus totalling $1.5M. The initial period for the Presale is 4 weeks, the Main sale will start at the end of this period (may refer to: Era, a length or span of time Full stop (or period), a punctuation mark Menstruation, also called a “period”) or if all tokens from this phase are sold.
Three weekly stages, each one with 7,000,000 FXT and reducing bonus (means an extra payment (bonus payment) received for doing one’s job well or a salary or wages based completely on how well one does one’s job, called performance-related pay or pay for performance) received. At the end, the last stage (or stages may refer to) for 9,500,000 FXT without Bonus.
- January 2014 — Company Founded;
- February 2015 — Launched Trading Signals;
- October 2016 — Launched Autotrading;
- September 2017 — Starting trading (involves the transfer of goods or services from one person or entity to another, often in exchange for money) with our algorithm on Cryptocurrencies & Forex;
- February 2018 – March 2018 — ICO pre-sale;
- March 2018 – April 2018 — ICO Main Sale;
- May 2018 — FOXT Token listed on Exchanges;
- Q2-Q3 2018 — Final development and improvement of trading algorithm (mathematics and computer science, an algorithm ( ( listen) AL-gə-ridh-əm) is an unambiguous specification of how to solve a class of problems);
- Q3 2018 — Desktop platform and app release (BETA);
- Q1 2019 — Launch Autotrading Service (BETA);
- Q1-Q2 2019 — Final (or The Final may refer to: Final (competition), the last or championship round of a match, game, or other contest. final (Java), a keyword in the Java programming language Final case, a grammatical) Platform Versions release.
ICO Details and funds distribution
The ICO has a soft cap is $500,000 and hard cap is $20,000,000.
- 40% of funds are servicing on the development team and the creation of platforms (may refer to);
- 15% is spent on marketing to attract new users to the platform which;
- 15% is put in the Trading Pool, which is going to provide benefits to the token holders;
- 25% are for capex and advisors;
- 5% is used for legal and compliance fees.
Company name: Fox Trading
Company site: https://foxtrading.io
Company contacts: Sergi Fernandez
Email: [email protected]