BARCELONA, SPAIN: FEBRUARY 12 2018 — A team of cryptocurrency specialists 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 at the same time diversifying their portfolio. Furthermore, ICO purchasers will gain exclusive access to the easy-to-use trading signals based on the company’s unique algorithm which aims to achieve a stable profit.
Fox Binary Signals, a platform already working in the Forex 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 modernize its automatic trading platforms using Blockchain technology and to ultimately share the benefits with the community.
After working on Fox Binary Signals, their first project, they achieved 350 percent accumulated gain with more than 1500 users 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 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 of the company’s Trading Pool.
Premium users will also benefit from its Autotrading service, 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 maximizes performance and profits, which will depend on the number of tokens sold during the ICO.
In this phase, Fox Trading will sell 4,500,000 Tokens at 50% Discount totaling $1.5 million USD. The initial period for the presale is 4 weeks, while the main sale will start 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 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 are increases on the Token demand, which is based on their experience with Fox Binary Signals, which subsequently determines the interest on the trading algorithm increases every month and consequently the profitability. “Based on our experience, taking into account the current 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 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 due to the limitation of the service and the guaranteed profit from the initial purchase through the Trading Pool without the need to add more capital.” CEO said.
Presale – 7th February 2018
In this phase, we will sell 4,500,000 Tokens at 50% Bonus totaling $1.5M. The initial period for the Presale is 4 weeks, the Main sale will start at the end of this period or if all tokens from this phase are sold.
Three weekly stages, each one with 7,000,000 FXT and reducing bonus received. At the end, the last stage for 9,500,000 FXT without Bonus.
- January 2014 — Company Founded;
- February 2015 — Launched Trading Signals;
- October 2016 — Launched Autotrading;
- September 2017 — Starting trading 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;
- Q3 2018 — Desktop platform and app release (BETA);
- Q1 2019 — Launch Autotrading Service (BETA);
- Q1-Q2 2019 — Final 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;
- 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]