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Monrovia
4 Level
216 Review
1967.5 Karma

Review on LCPExchange by Sudais Quadri

Revainrating 2 out of 5

Stay Away !!!❗

LCP exchange is one of the numerous centralised exchanges launched in Singapore. It was established and founded in 2020, it is quite an unpopular Exchange as it is even tagged as Untracked Listing on CoinMarket Cap. With a 0.2% trading fees for makers and takers, it can be concluded that the liquidity on this exchange used to be moderate. That tag by CoinMarket Cap made me want to explore the exchange more. The exchange offered a trading ground for cryptocurrencies like Litecoin Plus, Bitcoin, Dogecoin, BitBar, BitGem, Bitcoin Fast, Flutter Coin. The exchange doesn't offer a trading platform for Ethereum and ERC-20 tokens. Well, it seems like the exchange is inactive most likely because its last announcement was in April 2020. Traders are advised to stay off this kind of exchanges and not deposit any funds to prevent permanent loss.



Pros
  • None
Cons
  • The exchange is not popular
  • It has been tagged as Untracked Listing on CoinMarket Cap

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