LCCX is a strong product offering, but it enters a very tight market. There are many exchanges already out. However, crypto trading is a market where consumers do not have a fan affinity towards exchange; they just want the best deals. This has allowed the ruling exchange to change almost every three months.
With the offer of comfort and security LCCX, it can easily penetrate the market. The only thing is that it will require a strong marketing campaign that can spend the initial budget. Given that Robert Benwell has been able to scale previous ventures without outside funding, he already has the knowledge to drive the market; now with some external funds, he can really reach his full potential.
LCCX, or London Cryptocurrency Exchange, is a London-based digital currency exchange platform. The official website of this platform is LCCX.io. However, the trading platform itself has not yet been launched.
Token sales for LXT platform tokens started in March 2018.
Vision
The main goal of LCCX is to create a better environment for cryptocurrency exchange. The main problem of current cryptocurrency exchange is unclear jurisdiction, bad customer service, and most importantly security. LCCX wants to be a trustworthy platform for clients. By utilizing blockchain technology, he will be able to protect client funds and prevent them from being hacked and stolen.
Best Features of LCCX
Non-Anonymous Platform with Clear Jurisdiction
LCCX is more reliable because its website is not anonymous and its corporate address is clear. It is an official company based in London that works closely with the British Financial Conduct Authority (FCA).
Secure Client Funds are safer because 60 to 75% of the funds are kept in offline storage. As a result this platform is more secure than online security threats from hackers.
Exceptional Customer Service
With LCCX, clients will have no trouble contacting customer service again. This is because the platform comes with live chat and other ways to contact customer service.
Clients with Low Costs can maximize their profits because these exchange services charge low fees, whether for withdrawal, annual fees or other services.
Trade to Hundreds of Currency Cryptocurrency
will be able to exchange their coins to each crypto currency. In addition, trading into fiat currencies will be very easy with LCCX.
How Crypto London Currency Exchange Works?
London Crytocurrency Exchange plans to solve many of the problems encountered by other cryptocurrency exchanges. Overall, LCCX will emphasize strong security, low cost, good liquidity, and an orderly environment. The exchange will have a "world-class matching machine" that will be able to process "more than one million trades per second," the official website said.
Users will be able to swap "hundreds of crypto assets" on the matching machine. LCCX aims to have over 200 available crypto assets for trading within 12 months after it airs.
LCCX will also have a market-making service that allows users to create their own market for certain coins. Lower market cap coins suffer from low liquidity and large spreads. The LCCX market-making service aims to solve that problem.
And, on top of all this, LCCX emphasizes 24/7 customer service, including live chat support all the time for clients, multi-lingual support, and multi-device support.
Features of LCCX
The London Cryptocurrency Exchange advertises all of the following features:
Transparent contact information, including preliminary details about teams, office locations, and more (a surprising number of, even the largest, do not offer this information)
Active participation with the UK's Financial Conduct Authority and other regulators around the world
Keep 60 to 75% of your clients' funds safely offline in cool storage cabinets
Insure clients of online funds against hacks
Industry-leading customer support including live chat services
Trade of hundreds of cryptocurrencies
Paired with crypto currency and famous fiat currency
Added a smaller coin liquidity to the LCCX market-making service
Low withdrawal fees for customers
Recent and exclusive crypto assets with ICO LCCX assurance services
Overall, the LCCX aims to be "the most trusted exchange of crypto currencies in the world by addressing a combination of current industry problems", including all the issues mentioned above.
In the meantime, the platform uses the LXT token as a utility token. You can use an LXT token to pay for trading fees, make money through referral schemes, or to get prizes from trading contests. Token demand is expected to increase as the user base of the exchange increases.
LCCX LXT Cost
The London Cryptocurrency Exchange has not yet described the full cost structure upfront. However, the company has listed the following fees in the white paper:
Exchange fee: 0.25% to 0.5% per trade
Withdrawal fee: "Small fee"
Coin listing fee: "Companies that list their coins will pay to the list"
Annual coin service fee: "The company will pay a small fee each year to register on the exchange."
ICO Underwriting Services: "Companies will pay us to register their new coins exclusively at LCCX."
The Current State of Exchange Platforms
One of the most common security-related issues for crypto asset traders is primarily related to the use of existing exchange platforms. This has been the order of the day for hearing of crackdowns and sudden government foreclosures that left investors stranded, exchange platforms operating in unpredictable jurisdictions, online storage of client funds and subsequent malicious attacks, working out of regulatory territory and lack of insurance options against hacks.
Users of the exchange platform also complain about the poor trading experience on this platform as a result of the limited liquidity especially for small crypto coins. In fact, in many cases, only large coins are available to trade on most platforms. Those who offer smaller coins mostly charge high premiums in the form of high withdrawal fees. There are also order delays and system breaks that cause inconvenience to traders.
When it comes to customer service, the reputation of most of the existing exchange platforms wants, with tickets taking weeks, sometimes months, for processing. The absence of live chat support on these sites is also a major cessation, such as the lack of physical address details for a large number of them.
LCCX Solution
These are just some of the burning issues that crypto fans have to deal with every day. Unfortunately, given the decentralized nature of the blockchain technology that underpins the crypto industry, there is little that end users can do when they feel dissatisfied. There is no central authority to switch and until now the situation seems hopeless.
LCCX strives to be the solution to all of the above and many other issues that currently can not be addressed by the current crypto exchange platform model. It aims to set new standards by developing the most trusted exchange platform, with user convenience at the heart of the project.
Restoring Transparency and Accountability to the Crypto Industry
The first and simplest step LCCX will use to improve the situation is to have the details of the company, including its physical address, located on the website. This is to create accountability for the project and inspire hope in investors. The project also aims to work closely with regulators such as the Financial Conduct Authority in the UK and others around the world.
To prevent the possibility and impact of malicious attacks on network systems, the company plans to keep all client funds in a secure, offline cold storage facility. But as a further safeguard measure, LCCX also aims to offer insurance coverage for all funds against hacking.
OFFER COUNCIL OFFER (ICO)
LCCX will issue its own token coin called London Exchange Token or LXT for the short term.
Total 100 Million LXT volume will be issued. LXT will run on the Ethereum blockchain as a standard 20th ERC token and will support all Ethereum wallets
Name of ICO: LCCX
Token Name: LXT
Price Token ICO: 1 LXT = 0.15 USD
ICO bonus: 30% in stage 1, 20% in stage 2 and 10% in stage 3
LXT Platform: Ethereum
Receiving: BTC, ETH, LTC, BCH, GBP
LXT Soft cap: 500000 USD
LXT Hard cap: 7500000 USD
Tokens for sale: 60.000.000
Great Britain
ROBERT BENWELL - FOUNDER & CEO
Robert is a serial entrepreneur with extensive experience in online marketing and technology sectors that have started, scaled and sold several companies, the latter being Optimal Hosting, a London-based web hosting and domain name solution that started in 2012 and scaled to over 30,000 paying customers without outside funding and then being sold to bigger American competitors just two years later. Bitcoin users since 2013 he started investing in alternative crypto currency and blockchain technology in 2017. As an investor and trader himself, he has a mission to create exchange by traders, for traders LinkedIn
This platform has a team of professionals and experts who have a great experience in the crypto market. RobertBanwell is CEO and Alice Copilet is the principal legal officer of the project. The company has professionals from the new technology industry and financial industry. Mark Wilson the hopper is head of network security and Praveen Dagdi is the primary exchange officer. Behind these experts, there is a team of professionals who make this project possible.
The lccx is the solution to the biggest problems faced by today's industry security and exchange costs. The company will set a new standard in the currency market of cryptocurrency by assuring clients with full security against hacks. This platform will bring buyers and sellers together in the safest way. This platform will surely dominate the future market.
FOR MORE INFORMATION:
Website: https://lccx.io/
Whitepaper: https://www.lccx.io/LCCX-WhitePaper.pdf
Facebook: https://www.facebook.com/lccxofficial/
Telegram: https://t.me/lccxico
ANN: https://bitcointalk.org/index.php?topic=3046661.0
AUTHOR: cobaahyuk
PROFIL LINK: https://bitcointalk.org/index.php?action=profile;u=1785718
ETH: 0x952Ba6f317cdD5f5aa6655CE6eCdcEd0252a72d2
Tidak ada komentar:
Posting Komentar