Review on LCX by David Olayide
LCX Digital Assets
LCX Liechtenstein Cryptoassets Exchange, is a regulated digital assets trading platform, for the buying, selling, transferring and storing of digital currencies. LCX is fully legal and operates within the confines of the blockchain laws. The project was founded in 2018, and is currently head quartered in Vaduz Liechtenstein. LCX aims to actually bring the power of blockchain technology to the finance and banking industry.
LCX is focused on helping both traditional and blockchain market participants make the most out of opportunities arising from the growth of cryptocurrencies and tokenized assets. LCX will be offering industry-leading crypto asset financial products and services. I especially like the project because they utilize strategic partnerships to boost their projects. The exchange supports a wide array of different assets.
LCX is also a multi-Exchange crypto trading Platform to trade on all major crypto exchanges within a single interface. With LCX it is possible to trade across multiple platforms like Binance, Bittrex, Kraken and Bitfinex, among others.
The LCX token fuels the LCX platform and exchange. It also serves as a motivational incentive for holders to take part in the governing of the ecosystem. The token can remove about 50% off your transaction charges on the platform. The company seems to place a lot of emphasis on the fact that it is indeed legal an so no fears about the project.
LCX currently has a low price, and market value, but it won’t hurt to be optimistic about the project’s future potentials.
Pros
- Supports various digital assets on its platform
- The finance and banking industries are fully functional with the implementation of blockchain technology under LCX
- LCX utilizes strategic partnerships to grow
- LCX utility token can be used on the platform
Cons
- Very technical explanation process
