Finxflo adds FXF token-based capital raise trading on Polkastarter

Finxflo adds FXF token-based capital raise trading on Polkastarter

Finxflo, a Singapore-based regulated, hybrid liquidity aggregator for digital asset traders and investors, has recently introduced an FXF token-led capital raise on Polkastarter, a protocol developed for cross-chain token auctions and pools that allow projects to raise funds in a decentralized manner.  

For the record, Finxflo is a governed, reliable, and secure trading platform which has been developed to provide the best prices and rates from the world’s leading DeFi and CeFi protocols through a single connection, one KYC process, and from one account.

According to James Gillingham, Co-Founder and CEO, Finxflo, with over USD 31 billion locked in DeFi, the open finance protocols will gain rapid recognition in the coming times. These new financial markets are developed on legitimacy and trust and are completely accessible to the public.

Finxflo is working towards extending a platform for traders irrespective of their location or size. The introduction of FXF token on Polkastarter will ensure Finxflo is an all-in-one solution that is easy-to-use for crypto traders, worldwide, he added.

It is worth mentioning that the company’s proprietary smart order algorithm distributes the orders of the users across various exchange platforms with an aim to achieve the optimum buying or selling price while reducing the slippage from larger orders.

In addition to the above, the platform also comprises of a professional trading tool and competitive trading fees that is available only to institutional investors, with zero withdrawal fees. Finxflo also removes the market distortions by allowing traders access to the best pairs and liquidity pools, which include dark pools, all in a single place.

Notably, the Singaporean multi-exchange crypto exchange trading platform was awarded an exemption by the Monetary Authority of Singapore under the provisions of the Payment Services act while the complete license application is ongoing, and has also joined hands with leading custody provider, helping Finxflo to alleviate risk of hacks as well as unauthorized transactions, with the assets being completely insurable.

Source Credit: https://www.hedgeweek.com/2021/02/08/295542/worlds-first-hybrid-liquidity-aggregator-finxflo-launch-fxf-token-based-capital