However, despite the disruptive nature of cryptocurrency, and its invaluable benefits and potential application, it remains limited, under unitized, and exceptionally volatile. The reason for the underutilization is simply because it lacks real use in everyday life. Lack of everyday use is one the factors that make cryptocurrency very volatile, customers and companies can rarely use Cryptocurrencies for transactions. Hence, it is difficult for its value to be stable, despite its advantages. Introducing Fixy App, a blockchain based application that will facilitate the use of cryptocurrency in ordinary everyday life. Fixy App is a blockchain solution, from cryptocurrency enthusiasts to cryptocurrency beginners. The solution is giving users several benefits such as, monetizing their Cryptocurrencies and being able to get paid in both FIAT and cryptocurrency when they are selling their goods and services.
The Fixy Network Solution
Fixy Network makes it possible for people to use cryptocurrency in their day to day life. The Network will include a decentralized marketplace and a decentralized Exchange. Getting into cryptocurrency market has never been an easy process of a new cryptocurrency enthusiast, but with Fixy Gift Card, which is going to be available in every corner store and going to be sold in FIAT. The whole Fixy network is designed to facilitate easy entry into the world of cryptocurrency and also has features that will allow efficient application of cryptocurrency to daily life.
Key features of the Fixy Network
Gift Cards provided by Fixy will give an opportunity to people to get into the cryptocurrency-world without going through any unnecessary verification process which takes longer than it should. Purchase of the Gift Card is going to be provided by the Stores which are verified by Fixy and are going to be easy to find using their Store Locator. Gift Cards will be sold by FIAT money, which will be possible to deposit on the Fixy App where a user can use this amount in decentralized Exchange and decentralized Marketplace.
The Fixy OTC trading feature is completely decentralized. The OTC trading feature of Fixy will let users exchange their Cryptocurrencies both in cryptocurrency and FIAT money without any fees charged by Fixy. To become part of the cryptocurrency world, people need to invest in a coin with a FIAT value, but the exchange platforms which provide these services have fees which make these transactions more expensive than they should ordinarily. These fees make it impossible for the small investor to join the cryptocurrency-world. More so, centralized exchange platforms usually have limits on the volume of cryptocurrency a user can purchase.
However, with the decentralized OTC Trading, Fixy will provide a shortcut to investment in cryptocurrency. Exchanges are continually under cyber-attack which creates a huge risk for the investors. Moreover, withdrawing your investment from an exchange takes a long time. Apart from the risk of cyber-attacks and the long wait involved when it comes to withdrawing from exchanges, users are sometimes unable to access their account because of a maintenance which means they will not be able to sell their investment on time. On the other hand, OTC Trading investors keep their own wallets which are less likely to get hacked compare to an exchange.
Although Although a variety of Cryptocurrencies will be traded on the Fixy platform, the Fixy token will serve as the platformʼs very own currency. Partners who want to be part of the network will do so by paying the Fixy token. Also, the Fixy token will be used to purchase advertisement space on the platform and can be used to make purchases. To prevent, inflation and maintain a steady rise in value, the Fixy token will have a fixed quantity supply of 100,000,000 FXY
The fixy app is not just about serious business alone; it also brings fun and games into the mix. There will be several games on the app that will engage the users. The games will have various contests which users will be able to participate in and win rewards. This will help create a healthy community on the app.
Benefits of Fixy App
- The Fixy app provides shortcuts for newbie cryptocurrency enthusiast to enter the world of cryptocurrency by making it easy and secure for investors to monetize their Cryptocurrencies.
- The Fixy app allows companies and ICOs to reach more customers, brands to sell more and get paid in both cryptocurrency and fiat.
- The Fixy app has a decentralized peer to peer marketplace and a decentralized OTC exchange.
- Fixy will offer a gift card which will be available in every Fixy network store and will be sold in fiat.
- Users will be able to access feature like OTC trading for cryptocurrency, gold, and silver within the app.
- The store locator on the Fixy app will also make it easy for users to find the nearest Fixy store to them.