FiCoin will generate income from arbitrage trading using their A.I. trading bot FIBO. Portions of these funds will be allocated to both low risk investments to cover users of the Ficoin platform, as well as into higher risk investments to fuel reserves. Additionally, external investments will also be made and used as a safety net to help further continued payouts to users during volatile periods.
In the wake of scepticism regarding lending platforms, investors who sought a quick money-flip with no intention of supporting their investment, have created a frenzied self sabotaging chain of events. This intensely fuelled paranoia combined with a general lack of understanding, has motivated some newer companies to take a different approach to qualm any fears. FiCoin has taken many admirable steps to protect their system and to ensure the future of their coin. Firstly, FiCoin has cancelled their lending platform, opting instead to focus on an increased staking rate of return from their coin. In comparison to other lending platforms that offer an average 1% daily return from lending and an average 10% monthly return from staking, FiCoin offers up to a 36% return on staking.
FiCoin has achieved a staking model that creates a passive income. Within this structure you do not relinquish your coins for a dollar value and then buy back less coins at an inflated price, but instead you retain your original supply of coins when you decide to stop staking.
Secondly, to further separate themselves from other platforms, the FiCoin platform does NOT hold your coins. You still hold your own coins in your own ERC20 compatible wallet. Not only will this empower you with full access, but this will also serve to eliminate the threat risk by hackers and the potential disruption from DDOS attacks. Thirdly, in keeping align with Ficoin's intent to instil and maintain your confidence in their platform, there is no minimum stake period so you are held under no obligation and may freely invest without restriction. And lastly, reward payouts from staking will be made in Ethereum at the end of the elected staking period, rather than USD. In bypassing the need to convert USD on an internal platform exchange, you gain more control of the value of your investment. These very deliberate steps are to alleviate any and all concerns that your money could be held ransom to a dictated coin price and potentially trapped within the confines of the platform. Consistent with FiCoinâs vision to produce a steady passive income that is sustainable over the long term, trading will be shown and all investments well documented.
*Please understand that the information on this site does not constitute financial advice in any way.
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