What is Fow?
What is Fow?
Fow is being advertised strongly by several reputable companies online right now in the Crypto World. I tend to venture very carefully when new companies emerge from deep space. I have reviewed their information and I have also signed up.
I signed up mostly in part because Fow will give you a Free $10.00 for signing up just like HODL does. I am almost always willing to try any company that believes in itself enough to offer free money online. I don’t know about you, but for me that says a whole lot about the company I am getting involved with.
I look at this way, if the company didn’t believe in themselves why would they give you $10 to try their services? I guess they could be a scam, right? However most scams do not get backed by major companies online. However they are obviously more then confident that you will make money off of the $10 for free and you will want to invest even more into their company.
What I Know Thus Far?
I have done some research and I have taken the time to read through the companies white paper. I can tell you this. Fow is releasing it’s own CryptoCurrency. They plan on addressing the current inefficiencies by providing cost-saving solutions to brokers, traders, and liquidity providers.
They are using BlockChain Technology in order to intelligently reduce the risk for brokers and traders. While providing more opportunities and increasing the speed of transactions in the Forex Market via the BlockChain.
How Can You Get Involved?
The answer to this question is simple. The FOW Token price is at .10 per token in the current pre-launch stages. You can invest now and see a larger return in the future as Fow anticipates seeing a daily turnover in millions within three months after the official launch date by using their initial $20 million dollar fund to generate business.
They are promising huge returns to initial investors in terms of FOW business and they are allowing Investors to cash out immediately after the launch of FOW through any Forex of their Forex Broker Partners.
What Is Forex?
The foreign exchange (Forex) market is a global decentralized market for the trading of currencies and determines the foreign exchange rate. It includes all aspects of buying selling and exchanging currencies at current or determined prices. Through this market, different currencies are continuously exchanged by millions of people. Unlike the stock market, there is no central marketplace for foreign exchange. Instead, currency trading is taking place electronically over the counter, which means all transactions occur via computer networks between traders around the world rather than through one centralized exchange. The need for adaptable currency is what makes Forex the largest and most liquid financial market in the world. It outperforms all other markets with a trading rate of 5.4 trillion dollars a day, compared to the crypto market at 4.8 billion.
The Fow Solution From Fow Themselves.
FOW token will implement such strategies, which will raise its value steadily. By introducing blockchain technology to the Forex market, FOW Token is able to address inefficiencies in the market that, until now, have not had a solution. By offering a digital currency to brokers and traders,
FOW Pay provides a medium through which to effortlessly convert fiat currency into FOW tokens. Once it is securely logged on the blockchain, it can be converted into any of our Forex pairs. Traders can then use Forex credit to participate in the market. Once trading has ceased, traders can trade Forex credit back into FOW tokens or any other digital currency.
Alternatively, traders can choose to keep Forex credit, which can either be used to continue trading at a later stage, or withdrawn into fiat currency through the Forex trading platform, at minimal cost. This offers traders and brokers an attractive alternative to the traditional Forex structure, by providing an innovative platform with highly reduced fees and faster
The result is increased profit margins and investment potential for traders, and cost savings for brokers when transacting with liquidity providers. FOW Pay presents an attractive offering for Crypto investors, who can now choose to participate in the Forex market as well. FOW Pay can be used as a great hedging opportunity in a situation of high market volatility. Crypto investors can easily swap their crypto for a more stable fiat alternative, until the market has stabilized.
Until now, brokers have had to approach liquidity providers to provide them with liquidity. They can then offer this to their customers. In the future, FOW Pay will act as its own Premium Broker. Offering brokers, the ability to purchase FOW Pay at the prevailing market price, plus a discount. This provides leverage to brokers that choose to use our platform. Brokers can choose to manage their own risk and profit by using their leverage and deciding how much of their FOW Pay they would like to allocate to traders.
I would say all in all that there is money to made within the Forex market, if however Fow is successful in accomplishing what they are setting out for then it could potentially have a major upside for any portfolio.
I know that I will be investing a little bit of money that I am comfortable with losing. I would get too frisky with a new business venture prior to the launch when you see how the user base is going to go.
They are operating in a market that is worth over 5 Trillion dollars per year. They are offering to revolutionize the Forex Market in ways that will benefit everyone involved with Forex. That aspect alone gives them a major sales advantage.
Fow is also making it possible for people like you and I to get involved with Forex that would otherwise not be interested in the Forex Market due to the inconvenience and steep fees associated with that particular market.
The AI side of it seems beneficial to anyone whom would want to put their trading on auto pilot and set back and watch their money grow on a daily basis. I know AI in the world of crypto has been a success. Likewise with Forex it should see the same highs.
I would say that even if you are still skeptical that sign up is completely free and your Fow account will be credited with $10 after you register. That being said, you can try Fow out 100% risk free just by clicking HERE and signing up.
As always I would to thank you for reading and be sure to follow us! We welcome any and all comments about your experience with Fow or even your thought and opinions. We always like hearing from our readers. Until next time God Bless