Newsletter #13–8th September 2020
Signals are back again!
After the necessary summer break from our trading algorithm service due to low market volume, we are back on track to start making a profit!
We recommend all our users to activate Auto Trading again, respecting the recommended trade sizes and general trading recommendations. All of the historical trading signals data can be found at official website -https://foxtrading.io/
Feedback to community concerns:
Many of our users have kindly sent us their suggestions to help us improve our service and some of them have already been implemented. Our goal is none other than to continue growing and we want the community to continue supporting us.
Last year our goals could not be achieved; we had no choice but to pause the project development. Previous business model did not allow us to continue with it. We looked for different options that could benefit the community. In the end, Spectre.AI finally released their API and the whole team was determined to work on the project again, focusing first on Digital Options as they have given us so much success in the past. These last few months we have been working hard to get here.
The future of Fox Trading:
Following community feedback and internal discussion Fox Trading team would like to announce some changes to the project development and one of the main focus is about “tokenomics” revision to increase $FOXT token utility cases. Please find below short to mid term plans:
API Updates from Spectre.AI
As recently announced, we have been working with Spectre.AI to improve API response, so that our operations will not be affected by the small delays that have sometimes caused differences between algorithm and user trades.
In the absence of verification of these changes with all users on the go, we can assure that the tests that have been carried out are satisfactory, so we are really excited about the start-up of the service again!
Binary.com/Deriv.com as a new broker
Our first intentions were that Binary.com/Deriv.com would have been available before on our Auto Trading service, and we are sure, if nothing unusual happens, that it will be available by the end of September.
Affiliate program
Due to some minor delay in the implementation of Binary.com/Deriv.com as a new broker, the affiliate program has also slightly shifted, which we recall, will allow users to generate passive commissions through their referred users. Our plans is to focus on affiliate program delivery right after Binary/Deriv.com release. Expected start of affiliate program before end of 4Q-2020.
Regards,
Fox Trading Team
