Based in the UK, FXPay is a payment platform for the Forex Industry. It provides the users from Forex (traders, investors, liquid providers) a payment gateway system by providing a tool in a form of a token (FXP). By implementing this token usage on the Forex Market, users can perform transactions reducing the associated fees to 0.5%.
The FXP token is an Ethereum-based (ERC-20) cryptocurrency. It is the utility token that gives meaning to the platform, works as a gateway that allows users to convert their Forex market funds into FXP tokens.