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Published Jan 11, 2018

XferMoney: Send Money Internationally at Unbeatable Rates.

XferMoney A Vision for the Future

XferMoney is a secure, transparent peer-to-peer (P2P) foreign currency exchange platform built on Ethereum blockchain to enable instant, reliable international money transfers. The Platform is designed to disrupt and replace the traditional way of
money transfers by connecting participants directly to exchange money and cut down the middleman, banks or brokers plus costs associated with them.
How does xfermoney works? 
Transactions are processed via automated order matching process that is performed through state of the art algo engine which seamlessly connect various participants across countries on our platform. XferMoney empowers its users to send money across countries in a quick, easier and secured way at almost zero cost. The Platform is built with advanced technology stack integrated into blockchain ecosystem.
To use this platform one needs to open an account with XferMoney, anyone can send money overseas and it works as simple as ABC. A user (Sender) opens an account with XferMoney and deposits money in his/her account in local currency. He or she then places an order into the desired currency with designated account in foreign country, then XferMoney matches the order with other users having orders in opposite direction and processes the transaction. Receiver receives the money through local transfer from XferMoney. Its as easy as that!
XferMoney Multi-currency Debit Card
XferMoney will be issuing a multi-currency debit card to all it customers who open an account with them, holders of the debit card will be able to spend or shop with their card overseas as a local currency equivalent to what they hold in their XferMoney account. In other words, customers who doesn’t have an International bank account, e.g travelers, such a tourists and archaeologists will enjoy this unbeatable benefit of XFM multi-currency debit card as they will be able to convert their money and spend anytime and anywhere they are without any charges. what could be more beneficial than this?
XferMoney Target Audience
The primary aim of XferMoney is to bring other all customers of different genders across all countries and bring them into one place where they can democratically bid and transfer money without much hassles.

XFM Mission Statement
XFM endeavor is to empower retail customers to exchange money globally at a negligible cost. This should benefit all the consumers who have been paying heavy fees to the existing banks, institutions or brokers to transfer funds overseas. To achieve this goal, the company relies heavily on its core values. Which are: Transparency, Security, Compliance and Technology. 

XFM Token and Crowd Sale
XFM Token, is a Token that will be used to  power the Xfermoney platform, its an ERC20 token built on top of Ethereum network. XFM works as a means to reward or get rewarded for participation in the platform and each fund transfer activity has an associated cost specified in XFM. As fund transfer transactions are carried out on the platform, the platform will be rewarded a fee from the participants involved in the transaction.

XFM Token Distribution Details
The total supply of XFM tokens that will ever be created is 250,000,000.
All XFM Tokens will be generated in a seed block and allocated as given in the chart below.
The information provided on token creation, process, allocation and use of sale proceeds is the current plan, but is subject to change in XferMoney’s discretion.

For more details on XferMoney Project please refer to the official website

Facebook page XferMoney

content creator 9jaflick

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