We don’t have an official date yet, but the work is already underway for this new project to enter into operation soon.
We will surely see the progress of this new tool over the coming months, as we are preparing for the next stage of the ONE currency and the OneLife Network. And, of course, we will announce the news as soon as we have them.
But what is OneForex?
To begin with, we must understand what Forex is.
Forex is the acronym for Foreign Exchange market. Or what is the same, the currency market.
It is an international market that operates 24 hours a day and where foreign currencies are traded. That’s right, what you do at Forex is, for example, buying Euros with Dollars or British Pounds with Japanese Yen…
However, these operations are not made as a simple currency exchange, but they involve commissions that are earned by those who perform transactions. The commissions are based on the difference in exchange rates of purchase and sale of those currencies, which can also generate value for the currencies that are traded
Originally, Forex was created as a tool for big central banks, laying a simple bridge to connect monetary flows at the international level. Soon, it became a form of investment available to companies and large investors. And today, it is a platform that anyone can access with a very low investment.
But be careful! The fact that you can access it easily doesn’t mean that it is also easy to generate profits. You need to acquire certain knowledge, have an open attitude and be ready to learn so as to understand this complex international market full of fluctuations.
And what will OneForex do?
As you might have guessed, it is a currency trading platform. You can trade ONEs and exchange them for other digital or fiduciary currencies from around the world.
And the most important thing is that OneForex will be connected directly to the Forex market.
You still have time to get up to date. With OneAcademy educational packages, you can acquire the necessary knowledge to carry out trade operations. Meanwhile, we expect more news and updates of this exciting new tool.