handle.fi (FOREX)

Handle.fi, known by its ticker FOREX, is a global decentralized finance (defi) FX protocol. It allows users to trade, convert, and borrow multi-currency stablecoins backed by Ethereum and more. With handle.fi, users can access decentralized FX markets and leverage up to 100x to hedge or speculate on FX movements. Starting trading on handle.fi allows users to tap into the potential of decentralized finance and explore a wide range of currency pairs such as EUR, JPY, GBP, and more.

Exchange functionality on handle.fi enables users to convert between currencies easily. Whether settling trades in their native currency or converting between non-USD currency pairs, ETH, and DAI, handle.fi provides a seamless experience. This feature is handy for gaining exposure to alternative currencies for hedging, speculation, and payment purposes. By removing the need to worry about foreign exchange risks and simplifying accounting processes, handle.fi simplifies the currency conversion process.

Handle.fi also offers borrowing options in the user’s local currency by minting multi-currency stablecoins called fxTokens. Users can mint fxTokens in various alternate currencies, including EUR, JPY, GBP, AUD, and more. This borrowing feature removes the FX risk and streamlines accounting processes. In addition, handle.fi allows users to earn by providing protocol liquidity. By staking fxTokens across trading and liquidation keeper pools, users can earn trading and liquidation fees and $FOREX rewards. The platform’s multi-collateral functionality optimizes users’ assets’ utility and capital efficiency, allowing them to trade and borrow against multiple collateral types. The protocol token, $FOREX, plays a vital role in governance, rewards, and ecosystem stability, adding further value to the handle.fi community.