Thursday, 11 November 2021 02:00 AM
Company Update
FINXFLO is fully committed to build the best-in-class trading platform for all crypto traders
SINGAPORE, SINGAPORE / ACCESSWIRE / November 11, 2021 / Since the launch of their platform in August, FINXFLO, the world's first hybrid DeFi/CeFi liquidity aggregator, has been enhancing features and user experience to continue offering some of the most competitive aggregated rates and prices.
Continuous platform enhancement
Since the launch, new features such as the Stop Loss function has been added to help users minimise potential losses on their cryptocurrency positions, especially during market volatility. The Stop Limit feature provides precise price control for traders, allowing for targeted minimum sell, or maximum buy orders.
In the first of more centralised exchanges to come, FINXFLO listed its native token (FXF) on Bitmart, where both parties share the vision of making cryptocurrency available to everyone, everywhere. A week following the listing on Bitmart, the FXF token was also tradable on the FINXFLO platform - a homecoming milestone for the liquidity aggregator.
Better mobility with FINXFLO mobile app
On 30 September, FINXFLO launched the highly anticipated FINXFLO mobile app on both Android and iOS - where traders can buy, sell and trade cryptocurrency anywhere, at any time. Users get access to all the essential features on the app to execute their trades against some of the best available prices in the cryptocurrency market - simplified and on the go.
In a bid to create an industry-leading trading platform that facilitates multi-crypto exchange access and best available prices to all traders, the official FINXFLO mobile app is the ideal complement to the main platform for traders who want to trade on the go without sacrificing security and user experience.
Upcoming tech build
In the final quarter of 2021, FINXFLO announced a suite of tech updates that are currently being worked on, aimed to enhance the trading platform for better user experience.
Following feedback from the community, the FINXFLO team is trialling and reviewing internally the feasibility of a new zero fee model. FINXFLO listened and understood the pain point when dealing with the gas fee incurred during the wallet whitelisting process. The team is in the final stages of trialling a gasless whitelisting solution for ERC-20 tokens using a MetaMask wallet. This will make the process of whitelisting a wallet free from the previous gwei charges (deposit of digital asset gas fees will still apply).
A fiat-on-ramp facility will be deployed on the FINXFLO platform, allowing the purchase of crypto using fiat via our partners, who offer solutions for both banks and credit/debit cards transfers. Finally, the FINXFLO debit card design has been created and reviewed, ready to be signed off by the provider. When the digital card is available, it will enable holders immediate access to spend FXF tokens across 37 million vendors supporting Mastercard. FXF token holders can look forward to the additional utility that comes along with the debit card.
Onboarding talents to augment business offerings
To support the business's growth and expansion, FINXFLO continues to strengthen its leadership team with industry experts.
Ted Lunney, a Wall Street veteran with 25 years of experience working for bulge bracket investment banks and holding senior management and trading positions in leverage credit markets, joined as Group Chief Commercial Officer. He will be working to increase FINXFLO's exposure amongst US institutional investors, targeting key relationships that could potentially translate into strategic partnerships.
Arul Ramiah takes on the key executive role of Chief Legal Officer, overseeing FINXFLO's global regulatory strategy, including license procurement and advocating for law reform. Arul is well-positioned for this role, bringing with her over two decades of legal experience in the technology and financial sectors, including being a former IMF attorney advising over 70 central banks worldwide. Arul's mandate is to secure FINXFLO's growth and proper place in a well-regulated crypto universe.
"It has been an exhilarating journey since the platform's launch. The FINXFLO team has been listening to feedback from the community, and working relentlessly to make improvements to bring users more features and better usability. We are committed to grow FINXFLO into the best-in-class cryptocurrency trading platform," said James Gillingham, CEO of FINXFLO. "As we inch towards perfecting our offerings, we are also growing our team with the best talents that can collectively bring FINXFLO towards our vision to build a world-class cryptocurrency trading platform."
To register on FINXFLO and begin trading within the platform, sign up on trade.finxflo.com. Follow them on Twitter (www.twitter.com/finxflo) and join the conversation on Telegram (https://t.me/Finxflo_Community). Visit their website at www.finxflo.com.
About FINXFLO
Co-founded by leaders in their respective niches, FINXFLO is a platform that focuses on changing the cryptocurrency market through innovation. As the world's first hybrid DeFi/CeFi liquidity and protocol aggregator, FINXFLO brings a one-stop solution for all cryptocurrency traders and investors. Using only one account with one KYC, our users are now able to utilise liquidity from 35+ CeFi and DeFi platforms through a single user interface. In simple terms, FINXFLO blends all the upsides of DeFi and CeFi ecosystems to produce the ultimate product.
Media Contact -
Company: FINXFLO
Contact: Elaine Sng
Telephone: +65 9746 9902
Email: [email protected]
Website: https://www.finxflo.com/
Address: Level 12, Capital Tower, 168 Robinson Rd, Singapore 068912
SOURCE: FINXFLO