Ferox Advisors : Combination of Hedge Fund & DeFi

 

After the last few years, crypto has experienced a bear market and the level of confidence in the industry has drastically decreased, due to the many problems of fraud, hacks, and government rejection. But 2020 became a turning point for the development of crypto, many people began to believe and find out what cryptocurrency and blockchain are. All of this can not be separated from great people who started voicing the advantages of crypto and how crypto can provide benefits to the current financial system. Elon Musk is one of the important figures in the development of the crypto market, clearly stated his interest in one of the coins (doge) even though this might be one of the jokes for him. but every time he said about doge and crypto the market reacted positively. Apart from that, the crypto market has also increased due to the bitcoin halving, and the launch of the ethereum 2.0 network. this adds to the bull's power in the crypto market. And don't forget about Defi, this innovation plays an important role in the development of Crypto in difficult times.

Defi gives people a new view of the current financial system. decentralization has proven to be superior to the existing system. defi provides an advantage for investors as well as their users. Privacy is of key importance in introducing defi to everyone. With the help of defi, people can easily access financial/banking services without any distinction.

Defi is the best innovation in the crypto industry, and that's why this concept has become popular. nearly 60% of new projects launched today are Defi projects. Including one of the projects that we will discuss this time. Ferox Advisors is one of the Defi projects which is quite interesting to discuss. Unlike the Defi project in general, which is on the ethereum network, this project is on the TRON blockchain network. This is also one of the reasons I am discussing this project. Maybe I and most crypto enthusiasts out there are starting to be disappointed with the high transaction fees on the ethereum network. Therefore I am looking for a new defi project that is on another network. And I found this project.

Description of the Ferox Advisors project

Ferox Advisors is a hedge fund founded in late 2013 that specializes in derivatives traded on an exchange. Developing their trading system, Ferox Advisors made inroads in various branches of asset management such as algorithmic scalping, event-driven trading, volatility arbitrage, and market-making options, and has evolved into cryptocurrency trading since 2017.

Ferox Advisors Ltd is a private company and always will be like that. There will be no public offering in the traditional sense of the term. After noting interest from multiple sources to become shareholders to participate in all of their future cash flows, Ferox Advisors decided to launch a token generation event, so that investors can benefit from FRX tokens as utility tokens while also getting the right to a pro-rated share of profits from all company activities.


The advantages of the Ferox advisors platform

  • LOW TRANSACTION FEES: The good news is that with FRX, you don’t have to worry about high fees any longer. When compared to the use of credit cards for transactions

  • No Inflation: There would be no physical currency there that is not at risk of inflation. However, these Token are exempted from such.

  • ANTI-FRAUD: You should pick up your dancing shoes and get into the celebration mood for this. With FRX, the end has come to fraudulent activities usually carried out with credit cards. It is impossible to reverse any transactions made with cryptocurrencies. Theft can also be easily identified due to the technological system of currencies.
    There are many fraudulent activities in the crypto space but you can learn how to avoid Crypto investment scams.

  • EASY ACCESS: As long as you have your phones or even a good internet connection, you are good to go with your FRX transactions. As if that is not enough, FRX can be accessed by people from all walks of life. It does not even have anything to do with geographical specifications. However, some cryptocurrency Companies cannot be encouraged for users in a particular region.
    But notwithstanding, a large portion of people from different regions can access the FRX Company

    image.png

  • SPEED: FRX significantly has a faster Trading signal than in a real-world Trading Market. Transactions done by FRX are usually confirmed within minutes.

    • The other benefits of FRX include ease of international trade, improved liquidity, increased output, etc.

    About FRX Token

    Ferox Advisors is not just a hedge fund firm, it provides token hedge funds called FRX Tokens. The FRX token is a TRC20 token designed in the Tron blockchain. With this combination, Forex Advisor Alpha Hedge Fund provides a decentralized token hedge fund with production capabilities and the benefits of the DFI ecosystem. FRX tokens can be purchased and received by users through the Seed Round program. Users can get multiple bonus rates of up to 300% in this program. The bigger the investment, the higher the bonus.

    In addition to participating in hedge funds, FRX is the preferred token of betting directly from the Ferox Consulting website. These bets will be dynamic versions of binary options (or bets on a consistent spread), allowing users to make daily predictions on the prices of large cryptocurrencies and products such as gold, silver, and crude oil via the FRX token in the payment structure.

    FRX Token Informations:
    Name: FEROX (FRX)
    Contract : TKTENn9v56yVKHu4obmdQGpe8wFVimczxq
    Symbol: FRX
    Decimals: 8
    Circulating Supply : 700,000,000 FRX

    image.png

    Closing :

    My conclusion about this project is, this project is quite innovative and they are not a new startUP. So they already have experience in developing the company. They have been around since 2013 and started to develop a business in the crypto field, maybe this is a little late but it's not a bad choice either. by choosing the right blockchain network they can provide a pretty good profit. Ferox Advisors will be one of the best defi in the Tron network in the future, and if they are consistent in their development and good marketing strategy, I believe they can be aligned with other popular Defi projects. That's all for me, and currently, they are doing a token sale to sell FRX tokens. if you are interested in this project and want to buy you can visit their website directly.
Author - cahaya38

https://bitcointalk.org/index.php?action=profile;u=2073838


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