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Lome, Maritime, Togo
5 Level
442 Review
122 Karma

Review on LATOKEN by Fanuel PORPORTY

Revainrating 3 out of 5

Very bad exchange,

LAToken is a decentralized exchange platform for a wide variety of assets. Currently, you can exchange a number of crypto pairs and multiple ICO tokens with your LAToken account.

The cryptocurrency trading platform differs somewhat from other decentralized exchanges since it has chosen directed acyclic graph (DAG) technology over the more common blockchain technology. The choice was made to use DAG for speed and volume, with an exchange that should be able to handle massive volumes of transactions without delay.

The cryptocurrency exchange has its own token, the LAToken (LA), which is used as the base currency for almost all pairs on exchange. LAToken is transparent about its founders, its team and its corporate structure. The project, which is incorporated as the LAT Foundation PTE, was founded and is chaired by CEO Valentin Preobrazhensky. It should also be noted that LAToken was the main sponsor of a series of seminars known as the Blockchain Economic Forum



Pros
  • The online cryptocurrency exchange platform is very user-friendly, which should give the exchange a considerable advantage over other exchanges.
  • A second benefit offered by LAToken is the ability to trade dozens of pairs of cryptocurrencies, some of which are fairly small and not very popular. Added to this is the possibility of accessing ICO tokens and the possible instant exchange for LA, ETH and VEN
Cons
  • On the aspect of trading the functionality of LATOKEN is lacking; Although there is a large choice of cryptocurrencies to trade, the vast majority of them are illiquid, and if we believe the reports of volume forgery, the pairs listed on this exchange could even n 'have no liquidity. The platform does not offer any particular service or mobile application.

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