Fox Trading aims to improve and modernize the algorithmic trading platforms using Blockchain technology and, at the same time, share the benefits with the community. Evolving to cryptoworld. After years working on our first project, Fox Binary Signals, we finally decided to expand our service to offer Forex and Cryptocurrencies trading. From the beginning our goal was to end up offering a complete service for Forex, since in this market we don't have the limitations on investments and disadvantages that Binary Options have. Also, most of our current users are requesting us to change to trading Cryptocurrencies following the nowadays trend. Now is the moment to take this ambitious step forward. Welcome to Smart Trading, welcome to Fox Trading ICO!Business services Cryptocurrency Investment Platform Smart Contract Software
|Start Date||12 Mar 2018|
|End Date||09 Apr 2018|
|Price||1 FOXT = 0.68 USD|
We want to provide our contributors with a trading service that it’s going to be limited and exclusive. Ensuring that the algorithm of the robot is not used for many people to keep the correct performance and also creating a token that will turn into a good investment, which is linked to the performance of the robot.
With Fox Trading tokens investors can access the exclusive signal service for Forex and Cryptocurrencies, which will be sent through the web dashboard and the iOS/Android app. User will receive notifications with all information about the signals, when our traders place each order. In the dashboard, users will also see the global performance of the robot and the revenue generated by the Trading Pool that they will receive monthly or quarterly.
Fox Trading system is built on one algorithm created by programmers and traders, based on 2 years of results on the Forex industry, which has been renewed and adapted to Forex and Cryptocurrencies trading. The algorithm is based on MetaTrader 4 (main Forex trading platform) and programmed in MQL4. The algorithm provides to our traders team clear market opportunities but they’re the ones who finally validate and execute the orders and send signals to the customers. To completely avoid losing performance on the algorithm, the service is going to be provided to a limited number of customers. The algorithm will also work with an amount destined to Trading Pool.
One of the main advantages for participating Fox Trading ICO is the opportunity to contribute to the Trading Pool and receive dividends. A 15% of the total crowdsale is allocated from the liquidity fund to those then awarded proportionally to the participants. The more tokens you have, the more percentage you will receive. The 75% of the revenues generated by the algorithm will be paid from the Trading Pool to token holders - profits will be paid as a monthly or quarterly fee. The other 25% will be reinvested on the Trading Pool to increase the fund capital and, consequently, also the next benefits that are generated. When a token holder aims more benefits he is able to add funds to the pool to increase his revenues, in that case, they will receive 90% of the profits generated by his funds.
All users of the ICO will have free and lifetime access to the signals service when they hold the tokens. On the other hand, new users will have to buy tokens to access, which will make the tokens unique, and token holders are safe because this demand increases the price of the token. All users will have access to the signals, but the Autotrading Service access promotion will be only for Premium users who buy more than 0.5 ETH of tokens. This VIP or Premium access is given to them with also premium signals, access to future exclusive promotions, extend access to the service. To benefit our investors, this Premium access will be available only during the ICO, after which there will be no more available slots for the sale of this type (they will be able to sell membership).
As we already did in our service for Binary Options, our goal is to offer users an Autotrading platform to be able to copy all our trades in a 100% automatic way. We understand the need of users to be able to follow our performance without to be sitting all day on in front of the computer. That is why, using the APIs that offer the most important exchanges of cryptocurrencies, we are going to develop a tool to be able to generate profits while you are sleeping or enjoying free time. Of course, by also offering trading signals for Forex, the system will be compatible with the MetaTrader platform, the most common for most standard Forex brokers. In turn, due to the current high demand, these brokers have also added the possibility to trade with some of the main cryptocurrencies, offering to trade pairs like BTC/USD or ETH/USD.
Company Founded. Fox Binary Signals was a project created by traders for traders. We want to contribute our experience on trading to the Binary Options Signals services to provide a quality product at an affordable price so we can help as many traders as possible.
Launched Trading Binary Signals Service. After months of hard work developing a real profitable and stable trading method, we finally decided to start with the trading signals. We created a web platform and an iOS/Android app that allows users to receive notifications wherever they are.
Launched Autotrading Platforms Once we established the initial service of trading signals and our community started to grow, we decided to add this functionality. Due to the need of the users who do not really have the time to trade all the signals that we send. Also, with this system they copy and make profit 24 hours a day while you're sleeping or enjoying free time.
Starting trading on Cryptocurrencies. We had planned to upgrade the service to Forex Trading and we were working on the project, but due to the Cryptocurrency boom we also empathize with trading these assets, with which we can generate much more % daily due to the high volatility. Then, we started working to adapt the current algorithm/method to the Forex and Cryptocurrencies markets. We wanted to limit this service to a controlled number of users, so, in turn, we decide to take advantage of the Blockchain revolution to create our own ICO.
ICO Presale. As detailed in the Whitepaper, during this stage the ICO will be opened for the sale of a part of the tokens with an amazing bonus to reward the early investors. A total of 2.5M FXT tokens that would signify around $1.5M with which, completing this phase, we would ensure the development of the Project because the Soft Cap is reached at $500,000.
ICO Main Sale. Here the rest of the ICO tokens will be sold, also with some % with which we reward our investors. Everyone who wants to secure a slot in this service, should acquire part of the tokens during this stage.
Final development of trading algorithm. As we have already mentioned, we have been testing our algorithm for months (mainly in Forex currencies), but we will continue for much of 2018 in the definitive and improved development of this algorithm so that it adapts perfectly to the needs of our investors to take full advantage of the cryptocurrencies trading. We will begin to make contact with the APIs of several exchange to be able to perform algorithm tests directly on their platform.
Desktop platform and app release (BETA). In this phase will be released a first version of the platform with which you can already access the signals generated by the algorithm, it will be a BETA phase in which users can report problems or provide improvements to the platform.
Launch Autotrading Service (BETA). Once the web platform and the applications are working correctly, the next step, following the correct steps made in our previous service, will be to offer the Autotrading service for our Premium users. This service will be developed with the maximum possible compatibilities, depending on availability and compatibilities with our trading method, using the APIs offered by the main cryptocurrency exchanges
Final Platform release. Once several tests have been carried out, possible errors have been fixed and the improvements proposed by the contributors implemented, the final platform will be released. It will be from this point, where users interested in accessing the service can do so, only and explicitly, purchasing FXT tokens. Thus ensuring the increase in demand and FXT token price with which the initial contributors will have a valuable asset and they will see their investment grow.
|Price in ICO||1 FOXT = 0.68 USD|
|Tokens for Sale||7000000|
|Distributed in ICO||70%|
|Soft cap||500000 USD|
|Hard cap||4,500,000 USD|