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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on LATOKEN by Robiul Islam

Revainrating 2 out of 5

LATOKEN exchange standing and LA token overview.

Since LA is an exchange token, it depends on the performance of the exchange. Taking into consideration the target market and market caps of other competitors, LA has good upside potential if they can start attracting volume to their exchange. But I don't see much of a possibility in LA right now.
The market rivalry is extremely solid, going head to head against projects with far more funding, and right now settled driving positions will be hard to survive. The current token utility is profoundly reliant on the exchange volume which right now is very good however needs some more.
The greatest rivalry is Binance, not exclusively are they the main exchange however they additionally are putting resources into all fronts of the business, in things like wallets, payment gateways, DEXs, trading, and more.
As I would like to think, the LATOKEN vision and special innovation speak to a decent edge over other financial platforms and the reality they are giving a decent exchange superior for cutting edge traders could draw in a ton of volume and users.
However, LATOKEN's standing has gotten so terrible because of high withdrawal expenses that users are right now halting utilizing the exchange.

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Pros
  • It provides some benefits for LATOKEN exchange users.
  • Reduced the trading fee.
  • There are opportunities to trade with several altcoin.
Cons
  • Demand is dependent on the exchange.
  • Showing fake volume for LA.
  • Full of competitors in leading positions.
  • The reputation of the exchange is bad so the token is somewhat undervalued.