FINANCIAL INVESTMENT TOKEN Price (FIT)

Financial Investment Token (FIT) is a digital cryptocurrency that is effectively backed by a traditional currency. The token is specifically created on the Ethereum platform with an aim to provide users maximum security against frauds. In the current scenario, financial insecurity stands out as a major concern globally. Thus, safeguarding financial assets is more important than ever. Financial Investment Token (FIT) is developed on a well-secured blockchain, seeking to rule out the risks of infiltration. FIT is a reliable utility token prevailing on the Financial Investment Token platform that aims to support e-commerce and trading of crypto in a secure and stable environment. 

According to the website, Financial Investment Token (FIT) aims to stand out as the next promising alternative to paper currency. Besides security, Financial Investment Token (FIT) also employs a one-to-one reserve ratio to seek to guarantee stability in the exchange price of the traditional assets. Accordingly, every token in circulation is backed up by an equal amount of the corresponding traditional currency, exclusively held in reserve by FIT Technology UK Limited. Users can seek to redeem the FIT tokens at any time or reserve an equal spot value in Ethereum.

The Financial Investment Token (FIT) aims to be of good use to both individuals and merchants. Individuals include traders, shoppers, developers, gamers, and people eager to securely store the tokens, avoid transaction charges, remit payments across the globe seamlessly, and conduct secure transactions with one click. Meanwhile, merchants focus on attaining scalability for their businesses instead of payment solutions from the platform. Thus, the token seeks to help merchants by allowing them to price products on the basis of backed-up traditional currency value. Users can also seek to avoid huge charges of converting cryptocurrencies on the platform. Exchange operators utilize Financial Investment Tokens (FIT) to aim to protect users from the risks of holding traditional currencies on an exchange. Users can securely trade and store crypto assets without the need for a legacy bank. 

The founder and chairman of Financial Investment Token (FIT) is Ajit Singh Chaddha. Ned L. Siegel is the co-chairman of FIT. The maximum total supply of FIT is 1.8 billion tokens. 

We update our FINANCIAL INVESTMENT TOKEN to USD currency in real-time. Get the live price of FINANCIAL INVESTMENT TOKEN on Coinbase.

Assets that have a similar market cap to FINANCIAL INVESTMENT TOKEN include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.