FINXFLO, the cryptocurrency trading platform that aggregates deep in-market liquidity to provide best available prices, is pleased to announce Zero Trading Fees for users.
- Shift to Zero Trading Fees model, strategic focus on user experience
- Innovation mindset to support evolving market needs and user growth
- Revenue model to reflect product development and business sustainability
Latest Fintech Insights:Â Leading Capital Markets Protocol Folks Finance Closes $3 Million Seed Funding Round
This announcement strengthens our commitment to the cryptocurrency trading community, and positively impacts the user experience as it delivers on serving best available prices. The Zero Trading Fees model is designed to increase user acquisition and gain market share of a fast-growing population of cryptocurrency enthusiasts.
FINXFLO puts the trading community at the heart of our business. As community feedback and user relationships play an increasingly critical role in product development, the business will evolve its current revenue model to charge a spread on orders, aka the difference between the bid (sell) and ask (buy) prices. We will pause our Rebate Program in the meantime.
Browse The Complete News About Fintech :Â Voyager Digital CEO Withdraws Automatic Securities Disposition Plan
With a global network of liquidity providers, FINXFLO is confident that cryptocurrency traders will benefit even more from Zero Trading Fees, some of the deepest in-market liquidity, and highly competitive, best available prices.
Zero Trading Fees will be available from Jan 20, Thursday, for a limited time, applicable across all trading volume. To continue enjoying Zero Trading Fees, users will have to stake a minimum amount of FXF tokens when platform staking becomes available soon. More details will be announced.
“We hear the community’s sentiments and understand that a competitive trading fee model is preferred, so we respond with Zero Trading Fees. We hope this move will be received positively by traders and encourage them to make more transactions in the coming week,” said James Gillingham, CEO of FINXFLO.
Read More About Fintech News : Coinbase Partners With Blockworks, Bankless for Defi and Metaverse Event ‘Permissionless’
[To share your insights with us, please write to sghosh@martechseries.com]
