THE FINXFLO ECOSYSTEM, A SOLUTION TO ALL CRYPTO TRADING PROBLEM
Hello friends, have you not heard about the latest crypto exchange? The era of blockchain technology has given rise to thousands of cryptocurency around the world and hundreds of crypto exchange has also been designed. The availability of much crypto exchange has given rise to a lot of problem in the crypto industries due to the inability of these exchanges to operate in union. Every crypto exchanges wants to operate on their own terms thereby charging a high exchange fee, high deposit fee and high withdrawal fee.
Most at time traders wants to trade on multiple platforms which will require them a new or separate wallet for each exchange and he or she will need to pass so many registration and KYC process. This is so stressful, frustrating and time consuming. Even after passing through all this frustration, traders are still faced with a harsh reality that at whatever price they buy or sell on any exchange at any given time, best price can never be guaranteed.
The finxflo is a great platform that has been designed to bring solution to all this problems stated above and many more that you are yet to find out.
ABOUT FINXFLO (FXF)
Finxflo is a global cryptocurrency exchange aggregator that aggregates offers from the world’s leading exchanges, thereby granting users access to the best buy and sell prices and the highest margins. Users implement trades on the platform using Finxflo’s native token. This platform is a game changer in the crypto industry (trading), it offers its users Exchange Aggregation Engine,
consolidated order book
global best bid and offer accompanied by Finxflo Smart Order Routing means all orders, large or small, get the global best price
and 1 Account / 1 Wallet / 1 KYC which provides access to multiple exchanges, without any need to open multiple accounts
Finxflo provides its users with access to multiple markets through 1 registration process, 1 KYC, 1 wallet and 1 user interface, connecting the dots for the user so the user doesn’t have to. in this platform, users do not just gain access to multiple exchanges in the same way that they did previously; through using Finxflo’s advanced aggregation protocol and smart order routing system users are guaranteed the best price available – for larger orders, where necessary, the smart order routing system will go as far as to distribute the order across multiple exchanges simultaneously in order to achieve the optimum buy or sell price as required. Furthermore with only 1 wallet required, a user’s liquidity can easily be applied across exchanges without any need for a manual transfer. When users trade together through Finxflo they gain access to the type of preferential transaction fees that only high net-worth individuals or institutional traders can command. Retail traders effectively become institutional traders overnight. On top of that, in contrast with exchanges, Finxflo won’t charge users withdrawal fees.
GOODNEWS ABOUT FINXFLO
On like other crypto exchange, finxflo grants its user the freedom of low trading fee, zero withdrawal fees and a fast and better execution process. In finxflo, User pay monthly fees in FXF token. It offers a global best bid.
Finxflo is an exchange aggregator specifically designed to help the trader access the best cryptocurrency prices, easily and efficiently, no matter where they are. Its advanced technology strives to empower the cryptocurency community, providing its users with a transparency and level of liquidity that has been missing from the market. Through the precision engineered and intuitive user interface, #FINXFLO will provide users with a unique and unrivalled trading experience, customizable to the individual user’s needs and designed to promote learning and progression.
THE MISSION OF THIS GREAT PLATFORM IS TO:
give users the best price 24/7 and ensure that they are best placed to take full advantage.
VISSION OF FINXFLO:
#Finxflo believe in a cryptocurrency market built on values of transparency, legitimacy and trust, fully accepted by the mainstream. It envisages a level playing field for all participants, with market distortions and unfair trading practices eliminated, and with the best prices available to traders irrespective of size and location.
THE FEATURES OF FINXFLO: The following are the features of #finxflo;
• Finxflo is so elastic; data is usually distributed among the nodes of its cluster, allowing for horizontal scaling of processing. It is able to dynamically rescale to adapt to the workload changes as new servers are added or removed. At its core, this platform is a powerful stream processing engine which will collect market data from its partner exchanges and combine them into one global, unified, market.
• Finxflo has a very low latency, rather than accumulating records into micro-batches and then processing, #Finxflo processes the incoming records as soon as possible to accelerate performance.
• Security is part in #Finxflo DNA because it is partnering with Fire blocks, a cutting edge, audited, insured and regulated custody provider to make sure all customers’ assets are safe.
PROBLEMS IN THE CRYPTO MARKET
In the crypto industry, there are price and market inefficiencies. Crypto exchanges operate in country silos due to regulatory capital controls. There is a $75M/day in potential arbitrage profits, 10% price difference between US and Japan markets, 3% price difference between US and Europe markets and with this issues retail traders are at a disadvantage vs. institutional traders because of limitations on cross-border fiat currency transfers.
Inefficiency in the silos market: The Order Books of Exchanges operating in different countries are segregated and only Exchanges that operate a`cv cross regions are able to limit price differences between countries. Liquidity and Volume differ depending on which country the brokerage is in and there exists no unitary platform upon which to trade at the global best price.
Dark Pools are an essential part of the market; they allow traders with bigger positions to move in/out of trades without revealing their interests, only a few larger exchanges offer a dark pool feature, although it comes with an additional trading fee. Dark Pools derive their pricing from Lit Markets; aggregating BBO is a critical part of dark pool functionality.
SOLUTION PROVIDED BY FINXFLO (FXF) TO END ALL THE ABOVE STATED PROBLEMS
Finxflo as a global exchange aggregator, aggregates multiple exchanges to provide increased liquidity and best Bid/Ask prices for traders, it Improves depth of market/Depth of book, access to global liquidity and technical standardization.
Finxflo offers a great advantages by providing immediate trading access to multiple exchanges through unitary portal, provides an automatic best price discovery, Institutional-like trading fees and access to liquidity.
The dark pool of #Finxflo offers a Continuous non-displayed Limit Order Book, offers smart order routing for iceberg orders (TWAP/VWAP), adding additional market noise to prevent front running. Dark pool protects buyers and sellers from front running, washing capital will be prohibited by a comprehensive and robust KYC process. It affords traders a great freedom to employ desired trading strategies.
CONCLUSION:
With #Finxflo, trading has never been simpler. Finxflo will provide a fair and level playing field for all users by implementing trading rules similar to those previously only seen in traditional financial markets, ensuring fair trading practices and price discovery. Traders breaching Finxflo’s fair trading rules will be removed. This platform allows the use of trading tools, which in traditional markets are available exclusively to institutional investors, allowing for more rational investment decisions on the basis of total order book transparency. The aggregation of the world’s biggest and most liquid exchanges ensures that each trader using the platform continuously receives the best pricing, stability, execution and market access. I love #FINXFLO (FXF)
Below is an image showing the user interface.
For more information visit theis website@ https://ico.finxflo.com/ or their whitepaper@ https://ico.finxflo.com/wp-content/uploads/2020/05/FXF-White-Paper_May-28-05-20-1.pdf
NOTE: this is a sponsored article written for a bounty reward.
Bounty0x ID:Kokit