What IsFinxflo (FXF)?

Finxflo (FXF) is a one-stop user-centric cryptocurrency exchange that provides traders with competitive prices. Finxflo works by curating prices from various CeFi (centralized finance) and DeFi (decentralized finance) protocols to help traders maximize their returns on funds. Finxflo seeks to resolve the issue of high trading charges by providing traders access to multiple exchanges. Besides, Finxflo enables traders to scroll across these exchanges with just one registered account, one KYC, and a single wallet. 

The platform introduces an easy-to-use interface to help users enjoy a seamless trading experience. For example, Finxflo implements an efficient smart order routing algorithm to facilitate the prompt distribution of a trader's order across various exchanges. Smart order routing (SOR) refers to an automated process of assessing liquidity on multiple servers or exchanges. In addition to providing traders with affordable prices, the protocol lessens the risk of slippage on large asset orders. Slippage occurs when a trade's anticipated value is different from the actual price. 

According to its website, Finxflo is officially monitored by the Monetary Authority of Singapore (MAS). The platform follows global regulatory standards, encouraging traders to store their valuable digital assets in a secure space. Finxflo also pairs with efficient custodians and implements upgraded security protocols for additional security of assets. 

FXF functions as a multi-utility token of the platform. FXF operates as an ERC-20 token, BEP-20 token, and TRC-20 token, signifying that FXF is tradeable across multiple blockchains. BEP-20 refers to a token standard on the Binance Smart Chain (BSC), while TRC-20 is a token standard on the TRON blockchain. The platform enables users to generate passive earnings by staking the FXF tokens. Traders can also farm FXF tokens to win additional revenues and token rewards. 

Finxflo rewards users for putting FXF tokens into liquidity pools. Besides mining liquidity, users can directly utilize FXF tokens as means of payment. Finxflo executes a buyback mechanism, which indicates the platform repurchases 5 percent of the FXF tokens in circulation. By decreasing the tokens in supply, Finxflo works to scale the value of FXF. 

History of Finxflo (FXF): 

James Gillingham and Thomas Plaskocinski are the founders of Flinflo. The total supply of Finxflo tokens is one hundred and fifty million FXF.