The Operational Concept of Fenix Trade
Introduction:
The Blockchain method is providing the solution to lots of problems existing in modern days. Though it is a modern technology, it massively grabs attention from people all over the world. Many organizations even banks and governments are using this technology as it is much better than the traditional system. Fenix trade is using the blockchain technology to take small companies or individual sellers to the international level market. There they can sell their products or services with cryptocurrency. It is a faster and more secure method. That's why small companies or individual sellers all around the world are digging interest in this platform.The operation method:
The operation method of Fenix trade is quite simple. It is similar to any other web platforms. The seller just has to create an account on the platform first. Then the seller can add products to the platform. The price should be given by the seller in USD. The price will automatically convert into the seller's desired cryptocurrency . There is a small service fee. This is around 1-5% of the product price. The service fee depends on some factors like the rating of the seller, verification, category and product price. Sellers can also make their customized store. The store will contain products according to categories. The buyers also need to create an account on the platform. The buyers can do multiple actions on the platform. They can visit the landing page or any personalized stores of any sellers. They can search for or browse for their desired products.
They will get product description on the product page. They can also check for reviews given by other legit buyers of the product. Then they simply add their desired product to the cart. After the buyer receives the good the money will be funded by the seller. During this session buyers and sellers can have a discussion through online chat system provided by the platform. With this chat system, buyers and sellers can have real-time conversations. This will improve the relationship between the buyers and the sellers which can influence the welfare of the business's future. Buyers also can know all the details they want to know about the product. After the transactions done the sellers can know about the performance of their sold goods.
Uniqueness of blockchain technology:
The blockchain technology provides full transparency in transaction and feedback system. All the transactions are open to the authorized persons. There is nothing to hide in the transactions. This is a great relief for both buyers and sellers. The transparent feedback system also helps the users of the platform a lot. Fake feedbacks are reduced in this system. So both the buyers and the sellers will get authentic feedback.
It will help buyers to determine the product purchase. And the sellers will be safe from any kind of fake negative feedbacks.
Conclusion:
Fenix Trade provides these golden opportunities to legit buyers and sellers. Fenix trade completely believes in transparency and they provide full professional service to the international market. With their help, small companies and individuals can work on the international level.
For More Info :
- ICO Name: Fenix trade
- Website: https://fnxtrade.io/
- ANN Thread: https://bitcointalk.org/index.php?topic=3826711
- Whitepaper : https://fnxtrade.io/whitepaper_en.pdf
- Facebook : https://www.facebook.com/Fenix-Trade-1027037000783402/
- Twitter : https://twitter.com/fnxtrade
- Telegram : https://t.me/fenix_trade
Author Profile :
- Bitcointalk ID: btc4future
- BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1771077
- ETH: 0xD8d4Ef13eAb0C88b2B7f37aa26E64247195A2Ee9