We are pleased to announce our next AMA on February 5th, 2021 at 02:00 PM UTC Time: Satoshi Club x Finxflo
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Finxflo Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Finxflo Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Finxflo
For more details:
Finxflo – @Finxflo_Community
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
With FinxFlox providing it’s user with access to multiple protocols through one registration process thereby connecting the dots does not guarantee a lasting solution to problems of multiple accounts and multiple interfaces. How can FinxFlox provide the DeFi community stringent and tighter measures in eradicating multiple accounts. How can fingerprint registration integration help in solving these problems. How long will the zero fees policy for users remain towards FinxFlox profit plan.
You have said that $FXF Token is a natural blockchain 3.0 Assets. What does this mean? How have you been able to synthesize the separate complexities associated with Ethereum and Tron blockchain technologies into $FXF token, such that $FXF can ultimately function as an ERC-20 and TRC-20 Asset or is there going to be two version of FXF for each network?
Finxflo really offers a lot of good things to its users, but are all of them free? Are you planning to be a free user platform or will you charge a monthly amount for your services? Or maybe some sort of membership or VIP user service where you will offer other things. Do you have plans to add more features to Finxflo if this ever happens, because I just see on your roadmap that you will add on Q2 2021 advanced platform functions, will they maybe be part of a VIP Finxflo?
You have planned for Q3 2021 global market expansion, are those plans still going right on track or because of COVID-19 you had to change or delay something? To what markets do you want to expand Finxflo, and why? Where do you think it would be a right fit for the neccessities of the market or what market do you think NEEDS something like Finxflo?
I read that on your tokenomics you have 27% destined to Treasury, what is this treasury exactly? What’s its function and why did you designated 27% of your tokenomics to it?
More and more we are seeing new projects listed under the TRC network, what prospects does $ FXF have on this network and where is it headed?
What outstanding advantages does Finxflo have over other projects? In addition, when developing Finxflo, what difficulties do you have for solving Finxflo’s shortcomings?
In your opinion, what is the most important thing you need to do in the near future to develop Finxflo?
In the future, do you plan to build headquarters in some other countries? In my opinion, if you can do this, your project will be promoted to other countries in the best way
I see a lot of projects that collaborate with white hat hackers for good security. So, does Finxflo cooperate with white-hat hackers or others with similar capabilities?
Currently, Defi has not reduced the hot temperature, there are many projects that have changed their operating mechanism to Defi. In the future, does Finxflo intend to become a Defi project?
If currently, you are short of funding and have 2 options:
1 is you develop the community, attract investors
2 is developing tokens, making tokens more valuable
What investment option would you choose to invest in to address the shortage of funding?
Finxflo is a first regulated hybrid liquidity aggregator. My question is, what decentralized tools have they used to generate infinite liquidity? This hybrid model, what exactly does it include to make it efficient and users have no problems with the liquidity of the $FXF token?
In a few days Finxflo will launch its IDO on Polkastarter. What were the reasons why you have decided to choose Polkastarter as the ideal company to take this important step? What changes will we see in Finxflo after this IDO takes place? What will be the improvements that users will get thanks to Polkastarter?
In early January of this year, they announced the launch of Finxflo’s enhanced Beta Testnet trading platform. What protocols have been improved in this Beta version of Finxflo? What impact do you hope to achieve on users with the improved interface, and in turn, get feedback on the flaws that may arise and correct them when your main network is ready? On which blockchain do you plan to launch your core network in the future?
What incentives will I get for long term storage of FXF?
Is kyc to use the Finxflo exchange be forced? If yes, what do you need us to do?
I am Vietnamese and not good at English. So when using Finxflo trading platform, I feel very inconvenient when there is no Vietnamese language. In the future, do you intend to develop an exchange to other countries?
Reading an article about Finxflo in The Daily Chain, I saw that they mentioned that Finxflo enables traders to achieve optimal buying and selling prices for all orders by “eliminating distortions in the market”. I would like to know, exactly what are the market distortions you help solve and through what systems on your platform can you achieve this?
Why did you set Finxflo’s token itself as FXF? And also, do you plan to develop a new token type?
I heard Finxflo is composed of both cefi and defi, what benefits does this combination give Finxflo. And did your team face any difficulties in the process?
There are super hackers right now that make me very afraid of the security of exchanges. Can you tell me about Finxflo’s privacy and personal information?
I read the roadmap to see that in Q2 – 2021 you will launch the mobile app. So before the official launch, do you have a beta release to test the app?
Why do you think this project will succeed.
What is your vision?
What do you expect from the following year?
When I was reading about Finxflo’s security systems, two systems really caught my attention: end-to-end military-grade encryption and mutual authentication using X509 certificates. Could you explain a bit more about these two mechanisms, why you implement them in your platform and what makes them so secure and reliable?
Finxflo offers a lot of security features in partnership with Fireblocks, one of them is fraud detection of behavioural analysis and suspicious pattern dettection using machine learning, I’m always interested about artificial intteligence and machine learning, how does this one works?
More and more DeFi platforms are offering their services to large companies and financial institutions. Why should these high caliber clients prefer the services provided by Finxflo over other projects in the market with similar technological features and financial strategies?
You describe DarkPools in your whitepaper as an essential part of the market, and Flinxflo actively integrates it for avoiding washing and for front running protections. In your opinion, what are the pros and cons of Dark Pools in DeFi?
Hello sir
✅ Increasing Token price
✅ make Token Valuable
✅ Building Community Trust
From 3 aspects above,. I want to ask,. Which one the most important for you?
If all above are important for you,. Which one that Will you do first?
Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform???
How do you intend to reach a a wide customers range both investors,crypto natives and enthusiast for global mass ADOPTION what are your marketing strategies even to none speaking english communities?
Many new projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry?
Which market are you focusing on? How do you rate the Asia market? Do you have any plans to develop in the Asia market?
How will your project generate profits / income to sustain your project and what is the revenue model? How will it benefit your investors and your project?
Your project development is really commendable. Let me know how can you survive this longest market and keep building and growing as many projects are dead and scrapped during this time period?
Are you a global project or local project? Can anybody anywhere use Your project without any restrictions??
With more and more Defi projects appearing in the market, what advantages does your project have over other defi? What is the unique feature of your project? How do you build the trust in your project and make it popular?
How are you able to combine KYC/AML (which are centralized) with Defi elements and protocols?
What have you learned this year in midst of the pandemic, Covid-19?
Decentralized finance is the new buzzword. Can you share with us your opinions on DeFi?
I’m interested with staking FXF token, you said we will get passive income only by hold and stake but how is the calculation to get the passive income? And beside passive income, is there any benefit that we get by hold or stake FXF token?
After checking in Finxflo site, i found something interesting that you have Voting Right, that mean governance system. Could you explain about how is your governance model work? And what is the requirement if your community want to join in Voting Right?
Finxflo have the label of be the first Defi+Cefi platform “Regulated”, but Regulated by who?
The FXF is a Dual-chain asset that operates on Ethereum and Tron Blockchain, but do you have interest in add more chain like the popular Polkadot?
The Whitepaper says that Finxflo trading site have Zero withdraw fees!, That’s awesome! But how this doesn’t affect your economic sustainability?
The Finxflo platform says that can operate with just one account and one KYC to interact with multiple exchanges, so how many exchanges we are talking about ?
Considering that Finxflo is Legally friendly, it is possible used it in strict countries like china or U.S?
How do you expect to compete against other BSCs, what does FinxFlo do to get people to use it instead of other services?
FinxFlo faces multiple accounts users as a challenge in DeFi, so the trading platform allows only 1 registration, 1 KYC and 1 wallet. How difficult is to pass your KYC? What are the requirements and how do you make sure people will have only ONE account?
Fair investment rules is part of FinxFlo promises, you aim to implement investment rules ensuring fair investment practices and price discovery. But how? What features will be employed to achieve this?
Many platforms say “Trade anytime, anywhere”, but really when users want to complete the KYC, they realize that it is not available for their location, will it be so with FinxFlo? or is it available for all countries?
I understand that FinxFlo has 25+ exchanges trading, plus yield farming, betting and more, but do you really plan to add derivatives and futures in the medium term? or is it not necessary?
You mention that FinxFlo will be the best exchange platform since it has the lowest fees, but if there really are platforms like Exmarket that really are totally commission free, then will FinxFlo no longer be attractive? What else makes it attractive?
You mention that the FinxFlo platform is a platform that provides the best rates in both CeFi and DeFi, but is a KYC really necessary? How is it possible that FXF is totally Dex and need a KYC?
You mention that FinxFlo currently has dual-chain interoperability of Tron and ETH, but will it stay that way for a long time? or will you soon achieve triple chain interoperability with Dot or another chain?
You say that FinxFlo has the “deepest liquidity”, but what do you really mean by “deepest”? Could you give us more detail about it?
Speaking of fees within Finxflo. How do they manage to have a cost of 0.01% in addition to a “0” withdrawal fee? This is possible ? Doesn’t it generate some kind of loss for the project?
How has Finxflo managed to be “the world’s first hybrid liquidity aggregator”? Why is it HYBRID? And what allows Finxflo to give the best rates and prices?
How is it possible that Finxflo has rates of 0.01% instead of 0.5% or 0.10% which are the most usual, is this real? Is it a very low cost, doesn’t this generate some kind of loss for the project?
Is it real that Finxflo offers zero withdrawal fees? Apart from the very low fees of 0.01% do they also offer zero withdrawal fees? What makes this profitable for the project?
How does Finxflo’s native FXF multi-utility token work? Why do you define it as multipurpose? If I store FXF tokens, will I have future profits? What are the visions with the FXF token?
As Finxflo claims to have:
-Best price.
-Better Liquidity.
-Better execution.
How does Finxflo accomplish all of this? Isn’t it marketing? and truly offer an unmatched level of transparency and efficiency?
In FINXFLO, Users can take full advantage of the platform in accessing multiple exchanges, liquidity providers and trade any time, anywhere with only one registration, one KYC and one wallet. So by means of one wallet, does a user have the option of using his or her own preferred wallet? Also Will users be able to use fiat currency on the platform?
The two most fundamental aspects of any financial application specially projects in cryptospace like Exchanges will always be Privacy & Security. So about Investment & SECURITY, how insured & safe our funds? What security measures does FXF have in place to ensure that users assets are secure, as we all know investing & trading of any kind will always be associated with some type of risk?
FinxFlo a global cryptocurrency exchange aggregator designed to help traders access the best prices with an unparalleled level of efficiency. So may we know what differentiates FXF from other aggregated trading platforms out there? What do you think is the greatest assets FinxFlo have that other projects don’t have yet?
In the midst of defi’s popularity, why is Finxflo still opting for centralization, or do you think DeFi is not yet fully ready? Is it possible that Finxflo could be a fully decentralized project in the future?
Can you explain us how Finxflo brings the best of DeFi and CeFi for its purpose to help operators to access the best rates and prices? How do you achieve this?
You say that we can trade previously impossible pairs, sounds great, but how can we be sure that the market will be liquid enough to sell or buy at the right time?
What are the benefits and advatages of FXF partnering with Fireblocks, a cutting-edge custody provider used by the world’s largest institutional players.And collaborating with NCC Group, a global expert in cyber security and risk mitigation..How associating with these two companies can be beneficial?
Why did you make the decision to create Finxflo on the Ethereum and Tron blockchain, what advantages does this offer you, if you wanted to work with multiple chains wasn’t it better to go with Polkadot?
I just curious with FinxFlo project, as i know KYC and Anti Money Laundering (AML) is centralized.
So how did you able to merge AML or KYC with DEFI protocol that Decentralized ?
could you please give explanation ?
Staking,Farming & NFT Programs is currently a Popular topic in Crypto Industry & its helpful to Many projects to encourage investors to hold tokens and make it healthful for project ecosystem.The Great projects Also Supports the program above? If yes, then what are the Requirements for a Node and Validator Node be? or give staking clients FXF access to these buy back tokens as rewards ?
Finxflo Increases the Launch of the Beta Testnet Trading Platform, what are the advantages of the platform that you created at this time and can it be used for users or is it still in trial testing, because we can’t wait to use the platform?
For better use and be accessible to users and traders,do you have plan to launch a mobile application version for Finxflo Exchange? Is this plan, inline with your platform’s roadmap? If yes, can you share an overview of Finxflo application and it’s unbeatable features that other platforms didn’t have? Thank you
By linking with 25+ exchanges, how does FinxFlo platform work ? For example i want to purchase Bitcoin (BTC),
do we need to choose manually those 25+ exchanges one by one or your system will choose automatically
for us? can we possible to choose exchanger who have the best price or have lowest fee ?
can you explain more about this?
FinXflo($FXF) token is a multi-utility token that exist as ERC20 and TRC20 asset. So why did you choose two versions of $FXF token? Do you have plan to just switch as one version which is TRC20 as we know ERC20 token comprises a higher gas fee for transaction rather than TRC20 token? What are the advantages that it brings to your platform ,in the market and most especially to traders in having a multi-utility token like $FXF? Thank you
Finxflo project facilitates advanced innovative tools to retail and institutional traders,. Can you elaborate what is this innovative trading tools are? Is there already data that shows the accuracy and effectiveness of these tools as your platform is already open to public trading?
FXF is simultaneously an ERC20 and TRC20 standard token. So FXF token can freely move and on Eth or Tron wallet?
What are the benefits of holding $FXF? Other than the staking rewards, do Finxflo allocates part of the platforms income to share to the tokenholders?
Can you please provide details on the token buyback scheme. Will it be an automated process during trading or staking, or is it done manually by the user. And are all the buyback tokens burnt?
To take advantage of yield farming as you say the platform will do, will be you be able to stake FXF tokens and it provides best pools (like YFI), ie a passive process. Or will you have to be more active to take advantage. Thanks