#foxtrading

Hello fellow Crypto Traders!

Today I want to inform you guys about an upcoming ICO that has huge potential and is in my honest opinion criminally overlooked: FoxTrading

Now I am going to warn you this is a huge block of text and you can actually read everything on their official whitepaper if you prefer that. I do include a little TLDR at the end of it though.

The goal of this ICO is to help crypto traders make decisions about what and when to buy and sell. For this they have a total of 2 different solutions.

First, they have the so-called Fox Signals. This is basically them telling you what coin is likely to rise or fall and thus giving you advice as to which coin you should buy or sell. This could help traders out a lot and potentially net them huge gains with some smart trades.

The second thing they have going for them is an Auto-trader. Think of it like Profit trailer or any other automated bot that does the trading for you while you go out and do whatever the hell you want to do. This auto trader is trading using a special algorithm they’re currently working on. I think it’s essentially going to following their signals and trading your allocated capital around. This could be a huge competitor with current bots such as profit trailer, though it lacks all the customization that current bots offer, so you essentially have to trust them that their algorithm is smart enough and doesn’t fuck up.

What made me jump onboard was the fact that they already have a working product for the Forex market running since 2016. You can check out the site of that project here: https://foxbinarysignals.com/

It’s called FoxSignals and it basically does everything that their new project is supposed to do, except trading with crypto. During these 2 years, FoxSignals managed to secure a grant total of 350% gains for their customers and about 84% of their signals were correct. Seeing how the crypto market is continuing to grow and how much profit you can make by smartly investing your money it’s somewhat safe to assume that you can easily trump those 350% gains with smart trades and in some cases even with simply HODLing long enough.

So let’s talk about the ICO a bit.

They’re going to sell their own crypto token called Fox Trading Token FXT

It’s a standard ERC-20 contract so you can invest using Ether and if you invest during the presale on February 7 you get a 50% bonus PLUS if you invest more than 0.5 ETH during the presale you get an additional lifetime access to both their signals as well as the auto trader (normally you’d have to pay a monthly fee for these services). You can also sell of that membership when you feel like you don’t need them or something (you can do that separately from selling of FXT) They did state that there’s a possibility for people to buy a lifetime access during the crowdsale starting February 9 but nothing more concrete so I wouldn’t necessarily count on that. Minimum investment is 0.1 ETH and the Hardcap sits at 20 million, so there’s still a lot of room for growth for the token.

Lastly they also state in their whitepaper that you can earn pretty much dividens depending on how many of their FXT your HODLing, basically distributing the gains made by the algorithm of the trading pool.

I think this ICO has huge potential to make huge gains for token HODLers but also help people that don’t plan on hoarding their tokens and instead want to use their services. According to their whitepaper most of the interesting stuff like finishing their algorithm and launching their platform is going to happen in Q2/Q3 of 2018 (with autotrading launching Q1 2019) so I don’t expect it to make a lot in the short term.

So anyways check it out, read their whitepaper, check FoxSignals and decide whether this looks like something worthwhile to you.

TLDR: Presale for FXT is starting on February 7 with Crowdsale starting February 9.

By investing more than 0.5 ETH during presale you get acces to:

- FoxTrading Signals telling you which currency to buy/sell

- dividens dependening on how many tokens you HODL

- lifetime access to a auto-trader

-> Huge potential both for the services as well as the token itself

 If you want to reward me for writing up all this stuff:

https://foxtrading.io/?ref=q2ukr26v

 If you don’t want to reward me for writing all this stuff: https://foxtrading.io/