FXP Crypto
FXP is trading at 6.03E-4 as of the 15th of April 2024, a No Change since the beginning of the trading day. Cryptocurrency ratings for FXP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of March 2024 and ending today, the 15th of April 2024. Click here to learn more.
FXP is a market place for p-2-p internet money denominated as Cryptocurrency. Please note that FXP has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as FXP are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as FXP are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
FXP Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. FXP's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding FXP or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
FXP is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. 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. | |
| Other Smart Contract Address | View |
| Symbol | FXP |
| Rating | E- |
| Technology Adoption Rating | E- |
| Name | FXP |
| Sponsored | false |
| Built On | ETH |
| Asset Whitepaper Url | View |
| Is Trading | true |
| Asset Launch Date | 2018-05-28 |
| Full Name | FXPay (FXP) |
| Asset Website Url | https://fxpay.io |
| Asset Token Status | Finished |
| Platform Type | token |
| Coin Name | FXPay |
| Smart Contract Address | View |
FXP (FXP) is traded on CRYPTO Exchanges. FXP is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate FXP's market, we take the total number of its shares issued and multiply it by FXP's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
FXP's Exchanges and Markets
FXP Against Markets
Picking the right benchmark for FXP crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FXP crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FXP is critical whether you are bullish or bearish towards FXP at a given time. Please also check how FXP's historical prices are related to one of the top price index indicators.
FXP Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FXP crypto coin to make a market-neutral strategy. Peer analysis of FXP could also be used in its relative valuation, which is a method of valuing FXP by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Investing Ideas
In addition to having FXP in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.