$ 0.1427 USD
$ 0.1427 USD
$ 56.014 million USD
$ 56.014m USD
$ 2.703 million USD
$ 2.703m USD
$ 9.435 million USD
$ 9.435m USD
408.52 million FX
Issue Time
2019-04-26
Platform pertained to
--
Current price
$0.1427USD
Market Cap
$56.014mUSD
Volume of Transaction
24h
$2.703mUSD
Circulating supply
408.52mFX
Volume of Transaction
7d
$9.435mUSD
Change
24h
0.00%
Number of Markets
31
More
Warehouse
function-x
Github's IP Address
[Copy]
Codebase Size
13
Last Updated Time
2016-05-05 05:38:45
Language Involved
--
Agreement
--
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
+5.5%
1Y
+16.26%
All
+110.81%
Aspect | Information |
---|---|
Short Name | FX |
Full Name | FX Token |
Founded Year | 2019 |
Main Founders | Jack Lee, Frank Lin |
Support Exchanges | Binance, Bitfinex, Huobi, KuCoin |
Storage Wallet | Metamask, Ledger, Trezor, Trust Wallet |
FX, also known as FX Token, is a type of cryptocurrency that was established in 2019. This digital asset was co-founded by tech entrepreneurs Jack Lee and Frank Lin. As a tradable asset, its utility extends to several popular crypto exchanges, such as Binance, Bitfinex, Huobi, and KuCoin. Users opting to hold FX tokens for potential long-term value can store them in several types of digital wallets, including MetaMask, Ledger, Trezor, and Trust Wallet.
Pros | Cons |
---|---|
Supported by multiple exchanges | New and less established |
Can be stored in various wallets | Vulnerability to market volatility |
Founded by experienced entrepreneurs | Dependant on regulatory decisions |
FX Token has made certain strides in fostering unique features that set it apart from other cryptocurrencies. One of its distinguishing features revolves around its approach towards scalability and network efficiency, trying to tackle some of the issues that often plague many existing blockchain platforms such as slow transaction speeds and high fees.
Furthermore, FX token's focus on nurturing a cross-chain infrastructure, aiming to promote interoperability between different blockchain platforms, is another notable point. Such architecture allows FX tokens to be seamlessly swapped or transferred across various blockchain networks, a feature not commonly seen in many other cryptocurrencies.
The working mode of the FX token fundamentally revolves around blockchain technology. The token operates on a decentralized network, meaning transactions are spread across numerous systems globally, as opposed to being controlled by a central entity.
FX token utilizes a consensus algorithm at its core to validate and verify the transactions. This algorithm ensures all nodes, or participating devices in the network, agree on the validity of the transactions, preventing fraudulent activities.
Moreover, FX's approach towards scalability and network efficiency is a key part of its working principle. It aims to alleviate common blockchain concerns such as slow transaction speeds and high costs. The token's cross-chain infrastructure is another notable aspect of its working principle. This architecture enables seamless transference or swapping of FX tokens across multiple blockchain networks, fostering interoperability among different currencies.
FX tokens have been listed on popular exchanges like Binance, Bitfinex, Huobi, and KuCoin. The most common pairs traded on these exchanges traditionally are with Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). You should check the mentioned platforms or the official FX Token website for up-to-date trading pair information.
It's also important to verify this information directly on the platform where you plan to trade the FX Token, as different exchanges may support different pairs, and these may change over time based on various factors. siempre smart to research and verify the most current information before proceeding with any cryptocurrency transactions.
To store FX tokens, the recommended wallet is the f(x)Wallet by Function X, which is a secure and user-friendly decentralized wallet application. This wallet supports multiple blockchains including Bitcoin, Ethereum, and Function X, while also offering features like staking and cross-chain transactions. The wallet employs Multi-Party Computation (MPC) technology for increased security and provides options for decentralized token swaps with low fees. For added convenience, it also supports push notifications for token deposit and withdrawal activities, and it's compatible with DeFi applications through the WalletConnect code-scanning protocol. Always remember to keep your private keys secure and make a backup of your wallet to ensure the safety of your FX tokens.
Deciding whether to buy FX should be based on thorough research and consideration of several factors. It's crucial to evaluate the utility of the token, the transaction speed and scalability, network security, coding language, team transparency, and competitive advantages 。Given the speculative nature of cryptocurrency investments, it's also wise to maintain a balanced portfolio and not be overexposed in crypto 。For secure storage of FX tokens, consider using a decentralized wallet application like the f(x)Wallet by Function X, which supports multiple blockchains and offers features like staking and cross-chain transactions 。Always prioritize the security of your private keys and opt for wallets that implement robust security measures such as Multi-Party Computation (MPC) cryptography 。
Q: What type of investors would be interested in FX tokens?
A: FX tokens could catch the interest of technology enthusiasts, well-informed cryptocurrency investors, and individuals with high-risk tolerance.
Q: What are some of the distinguishing features of FX Token?
A: Notable aspects of FX Token include its attention to scalability, network efficiency and its cross-chain infrastructure, which promotes interoperability among different blockchain platforms.
Q: Can you explain the concept of cross-chain infrastructure in FX Token?
A: Cross-chain infrastructure, a key feature of FX Token, enables the seamless transfer or swapping of FX tokens across various blockchain networks, thereby fostering interoperability among different currencies.
Q: How are FX tokens stored and which wallets can be used?
A: FX tokens can be stored in various digital wallets like MetaMask, Ledger, Trezor, and Trust Wallet, catering to different user requirements in terms of security and access.
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