FiPi Token

FiPi Token

Overview

Ways to save money are plentiful. People are eager to exploit them to secure their current and future well-being. Yet in today’s world, it is more and more difficult to talk about the infallibility of traditional and well-known forms of saving. What is happening right now – surging inflation, unstable markets, worldwide markets volatility – shows that traditional and seemingly risk-free savings via bank accounts or short-term deposits carry the enormous risk of loss. That is why we are looking into the future - at the ever-growing market of cryptocurrencies.

 

Cryptocurrencies. The whole world already knows that one can make a profit from them. But how? How do they work? Where do they come from and why do they have value while being virtual? There are more such questions concerning virtual currencies. cryptocurrencies require specific knowledge. One needs to monitor the market. Long-term saving makes sense only with a proper strategy preventing overinvestment or too emotional moves, which can lead to a total loss. To turn this around and solve all the above problems. Creating FiPi APP to revolutionize the way of modern savings with automated purchases in accordance with crypto indexes.

What is Fipi App?

FiPi APP is the answer to the need of every average person who wants to save in crypto. FiPi APP is an application that gives everyone the cryptocurrency market on a tray. FiPi APP will apply proven solutions from regular financial markets to the world of cryptocurrencies, thus providing effective saving opportunities for those with little knowledge on the subject.

 

FiPi APP, which is an app for automated, regular, and modern saving via the purchase of cryptocurrencies. The most important feature of our app is its simplicity – it takes only three steps to buy one of the three FiPi Crypto Indexes.

 

Why FiPi APP?

Provide our users with the answers for the three most common questions in the crypto’s’world

What cryptocurrencies should I buy?

Those that are currently placed on one of the 3 FiPi Indexes In the long term when the market grows by 130% the user's portfolio grows by 130% (passive way of investing like ETF on the regular financial market

Is it good moment for shopping crypto?

Every moment to begin purchases with the DCA system is right! You will buy cryptocurrencies that are listed in the FiPi Indexes.

 

How to buy crypto?

By means of FiPi APP

Features of Fipi App

The working of the application is based on known and proven methods and strategies of investing both in the crypto currencies world and in the traditional market. Below are the 3 pillars of the FiPi APP.

DCA Method (Dollar-cost averaging) - Dollar-cost averaging (DCA) is one of the most popular strategies used by investors in virtual currencies. It is relatively easy but it requires consistency, absolute regularity, and patience. The DCA strategy enables all types of investors to spread their investments and enter into the market systematically, thus making it a most comprehensive model for investors, and with FiPi, you get this all at your fingertips. It leads to the averaging of costs and to the breaking down of an amount designated for a given period into shorter periods and smaller amounts. we invest a constant amount in regular time intervals and hence we do not feel the market volatility. What counts most in DCA is not the amount but patience, perseverance, and regularity.

 

FiPi Crypto Index - The creation of the core of FiPi app, that is FiPi Crypto Index, will be in the hands of a professional, experienced, and independent entity with an excellent reputation in the financial world – BITA GmbH. BITA GmbH is a German company Fintech, which provides indexes, data, and data for corporate infrastructure used by institutions operating in passive and quantitative spheres of investment. BITA has implemented an array of processes and policies to ensure full adherence to the rules of financial benchmarking and the EU Benchmark Regulation.

 

3 Types of Fipi Indexes

FiPi 10 Index (Bita Crypto 10 Index) - The BITA Crypto 10 Index aims to provide a transparent and objective measure of the Price Return Performance of a basket of leading cryptocurrencies, measured against the US dollar, trading at well-established digital asset exchanges. Index values are disseminated in real-time.

FiPi 30 Index( Bits Crypto 30 Index) - The BITA Crypto 30 Index aims to provide a transparent and objective measure of the Price Return Performance of a basket of leading cryptocurrencies, measured against the US dollar, trading at well-established digital asset exchanges. Index values are disseminated in real-time.

FiPi Next 20 Index ( Bita Crypto Next 20 Index) - The BITA Crypto Next 20 Index aims to provide a transparent and objective measure of the Price Return Performance of a basket composed by the bottom 20 cryptocurrencies from the BITA Crypto 30 Index, according to their free-float market capitalization ranking. Index values are disseminated in real-time.

 

How does FiPi APP work?

1. Register

2. Select the subscription of one of the available - The basket of each FiPi Index will store cryptocurrencies, which will be automatically purchased on behalf of a user. The purchase will take place every week but there will be no action required from the user – the app does everything for them.

Indexes below:

• FiPi 10 Index + 1% FiPi Token

• FiPi 30 Index + 1% FiPi Token

• FiPi Next 20 Index + 1% FiPi Token

1. Choose the payment method. Below options will be available:

• Debit or credit card (Visa or Mastercard)

• Direct debit – defined as a monthly transfer

1. Buying 1% of FiPi Token - For each FiPi Crypto Index in the application, the user automatically buys 1% of FiPi Token with each transaction.

 

FiPi Token

FiPi Token is a native token of the FiPi app, which operates in the Binance Smart Chain (BSC) network. One of the most important qualities of the FiPi Token will be the so-called “transfer fee”, i.e. a commission equal to 8% charged by the FiPi Token ecosystem.

 

FiPi Token charged due to the transfer fee will be distributed as follows

2% Will be Burned - this permanent removal of a part of the tokens from the market will lead to a decrease in the number of tokens in circulation and hence an increase in the token’s value

2% Will Be Used for Automatic Staking- This part of the commission will be automatically distributed to every user with the FiPi in their portfolio. Token owners will earn profit from each buy or sell transaction – each user will gain 2% of the transaction value (reflection).

2% To the Liquidity Pool - This will strengthen the stability of the FiPi Token’s price

2% For Marketing - This part of the transfer fee will be sent to a dedicated wallet, the funds from which will be used only for FiPi marketing purposes

 

Tokonomics

Token Name: FiPi

Token Ticker: FIPI

Network: Binance Smart Chain

Total Supply: 21 Million

Roadmap

Team

Conclusion

In FiPi APP we use a passive saving method. The application will follow the market in the most automated and accurate way possible. By monitoring the FiPi Indexes it will accurately mirror the changes in them. Passive management over the years is the only effective method of investing in financial markets. Take advantage of it in the crypto market with FiPi APP

 

Read More Here

Website: https://fipi.io/

Twitter: https://twitter.com/FiPiToken/

Telegram: https://t.me/FiPiToken

 

Proof of Author

Bitcointalk Username: Atiba Hutchinson

BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3178208

Telegram Username: @AtibaHutchinson

Wallet Address: 0x0998A23BBA4e36F8a70CC095d03f401b0982b1b2