No cryptocurrency applications for everyday life - Regardless of the industrial disruptions and technological advances that blockchain provides, one area that remains largely untapped is the usefulness of Cryptocurrency in everyday life. Both fiat and cryptocurrency currencies can be called money or currency, because they are the medium of exchange used to store and transfer value, both can be used for the purchase of goods and services, both of which have value regulated by supply, demand, employment, scarcity, and other economic factors, both have values that are influenced by the quality of the surrounding system, both of which can be traded on the exchange. However, Cryptocurrency is very limited especially when it involves the purchase of goods and services. As far as cryptocurrency has become a dear medium, it's still not widely accepted or generalized. In fact, only one full-hand state is cryptocurrency friendly.
Difficulty getting into the world of cryptocurrency - It is a very tiring task trying to participate in the world of cryptocurrency, the beginner investor's interest of cryptocurrency is really tested at the point of first purchase. When new and inexperienced cryptocurrency fans get into the context of a real purchase, they realize that it is not so easy to acquire, and some may even lose interest. This is largely as a result of putting on a registration procedure that must be done by the investor. Registering on an exchange platform on another to be able to liquidate a person's cryptocurrency is another challenge as exchange requires a tiring and time-consuming process involving KYC (know your customers) that may take several days or weeks.
This problem is increasing because some financial institutions have banned their customers from obtaining cryptocurrency with their services. According to a coinbase report, credit card holders from four US banks have been banned from buying Cryptocurrency using credit cards in Coinbase. This development is not exclusive to the United States alone, as the British banking group, Lloyds also reportedly blocked cardholders from several of its major subsidiaries - including Halifax, MBNA, and Bank of Scotland - from buying Bitcoin on credit.
Centralized exchange - Decentralization Decentralization is at the core of the value proposition of blockchains; However, the central entity still plays a major role in the process of buying Cryptocurrency. As a result of the exchange of centralized nature, the challenges facing this platform have greatly disadvantaged traders and investors cryptocurrency using this platform. The exchange has struggled to keep up with the cryptocurrency market growth and enormous volumes so that some of the existing centralized exchange platforms even begin closing new members as it is almost impossible to meet demand. It is very difficult for budding beginners to get cryptocurrency. Currency traders and Cryptocurrency investors have lost so much money because this centralized exchange platform at some point stops trading, experienced blackouts, and falls when volumes and demand are high.
No mass adoption of cryptocurrency - Despite the popularity of cryptocurrency, especially with attention, the media have granted it, there is still no mass digital currency adoption. This situation is largely due to the overly complex purchasing process required to obtain cryptocurrency. It's not as if you can go into a store and buy cryptocurrency, because nearly 2 billion adults do not have bank accounts and do not have the necessary bank account to buy crypto currency.
The challenge of converting cryptocurrency into cash - The last mile problem in cryptocurrency transactions is not solved. How to convert cryptocurrency into cash in just minutes? Cryptocurrency is a new and modern way of storing values. However, it becomes a challenge to convert that value into cash. Although there are platforms that provide this service, it usually takes days to complete a transaction, this can be very difficult for individuals in dire need of fast cash and can not afford to wait that long.
Fixy Network is a blockchain supported application that will facilitate the use of crypto in everyday life. This solution works well for beginners who use crypto as well as experts. This solution offers various benefits such as crypto monetization and paying ability in Fiat and crypto.
Key features of Fixy Network: GIFT Cards - Gift Cards provided by Fixy will give people the opportunity to enter the world of cryptocurrency without going through unnecessary verification processes that take longer than they should. Gift Card purchases will be provided by Fixy verified Shops and will be easy to find using our Store Finder. The Gift Card will be sold by FIAT money, which will be possible to be deposited on a Fixy App where users can use this amount in decentralized Exchange and a decentralized Marketplace.
OTC TRADING - The Fixy OTC trading feature is fully decentralized. The Fixy OTC trading feature will let users exchange Cryptocurrency in both cryptocurrency and FIAT money at no cost charged by Fixy. To be part of the world of cryptocurrency, people need to invest in coins with FIAT value, but the exchange platform that provides this service has a cost that makes this transaction more expensive than usual. This cost makes it impossible for a small investor to join the world of cryptocurrency. Moreover, centralized exchange platforms usually have limits on the volume of cryptocurrencies that users can buy.
STORE FINDER - The "Store Finder" feature will allow users to check their environment to find Fixy-accepted stores where users can purchase items using Fixy. Also, this feature will facilitate cryptocurrency trading, since users will be able to use it to find their favorite cryptocurrency and other merchants who want to sell or buy.
PERSONAL AND COMMERCIAL MARKETS - The main criticism of cryptocurrency by experts and investors is that cryptocurrency investment is almost useless for everyday life. The Fixy market changes things when uniting and organizing companies on one side (companies on a platform are called partners) and on the other hand, bringing together customers (customers are referred to as users on the platform). The fixy private market is the network for the world of cryptocurrency, where everyone can attend. The fixy trading market is a network for Partner companies that have paid entry fees in Token Fixy to be part of a platform to sell and create ad-making ads.
FREE SMART CONTRACTS AND MESSAGING SERVICES - Fixed networks also use smart contracts to make transactions, in this case, a fixy token will be used for payment. On the other hand, users can trade OTC without a smart contract by using our free and secure messaging service. This second feature will have a trust score system where users can leave reviews and ratings on the nature of their experience when trading with other users.
The Fixy Network brings together customers and retailers interested in participating using cryptocurrency for transactions. New entrants can enter the world of cryptocurrency by purchasing Fixy gift cards that will be sold at approved stores around the world. New user cards will be credited as soon as they go through a very fast "know your customer" process while existing user balances will be loaded directly into their wallets. In other words, the general idea of the Fixy market is to connect users and partners through a simple process.
The Gift Card offered by Fixy gives people the opportunity to enter the world of crypto. This happens without going through a complicated verification process. Gift Card purchases will be offered by Fixy verified stores. Finding it will be easy using Store Finder. These cards are sold on paper money. Money is stored in Fixy apps and users can use money in a decentralized exchange or market.
FIXY Network comes in the form of a digital currency named FXY. The FXY Token will go on sale from May 16, 2018 to May 31, 2018, at a price of 5000 FXY equivalent to 1 ETH. The token purchase itself can be done with foreign digial currency such as ETH. Do not forget, get also purchase bonuses at certain time period.
FIXY Network itself is the result of teamwork led by Hasan Turgut, FIXY Network strives to provide their best capabilities in this project. In addition, the team also strives to provide the best benefits and services, to anyone interested in joining the project.
Fixy Network has been designed and created by a team of highly experienced technology experts. Team members bring together expertise that gives them an in-depth understanding of the challenges many crypto companies face including legal, regulatory and compliance issues.
So our ICO project review this time, hopefully can increase your knowledge in choosing the best project ICO to you invest. If you are interested in joining this project, or intend to buy a token in the sale. You can visit their official website and page below:
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