Review on Labrotix by Daniel Bamidele
One of the best crypto exchange
Hello everyone, today we would be talking about a very distinguished platform known around the world for it's high potential validity which is labrotix. This platform is said to be a cryptocurrency with it's own blockchain, the platform is used as a base for market operations, it's a project created or designed to create a fund for developing labrotix exchange, the platform provides a digital asset exchange platform. Provides it's own utility tokens known as LBO token based on Quarkchain network, it adopts proof-of-stake consensus mechanism and masternode for governance, and also used for market operations. The platform aims to provide an inexpensive environment for large and small investors with commission
Any online service responsible to be as secure as possible. In the past several years, security breaches have been widespread, causing losses of user's funds from exchanges and cryptocurrency related services in the millions. Labrotix exchange will offer the following security features; passwords are not stored(hash are stored), cloudfare is used to SQL injections, the system is fully GDPR complaint and also secure offline multi-signature cold wallet/vault system
Labrotix offers a simplified interface for it's user while including support for up to 24 different cryptocoins currently. Deposit and withdrawals are enabled for the most of the supported available cryptocoins except Dogecoin(DOGE) and Paycore(PCR) currently, it's support the listing of new coins into its platform by providing a listing form. It also offers an ongoing trading competition which intends to reward it's users based on the highest transaction volume with rewards of up to 2 BTC. Yes, labrotix offers it's coin named as labrotix coin (LBO). There has been one successful airdrop of the coin, the platform is relatively new crypto exchange platform. Though labrotix itself offers some basic security parameters such as email login and 2
As mentioned above labrotix is a relatively new crypto exchange platform. The site itself seems to work fine and the number of supported coins are increasing on a daily basis. There's no direct live chat support available on the site itself though there is a contact form but that may take a longer time, they do have a social media presence with an active twitter account alongside being active on the bitcointalk community forum. There's not much assurity one can provide such a relatively new platform but, it does look promising and can be given
Pros
- Reliable and trustworthy
- Has a high security rate
- Transaction fees is at a low rate
- Not a scammed platform
Cons
- Not a reputable platform.
- People are not found using this platform.
