LCX is a regulated platform with the aim of offering professional crypto asset financing solutions. Established in 2018, the company is located in Vaduz, Liechtenstein.
LCX tokens serve as the means of payment for fees on the platform and reward users who contribute to its ecosystem.
What is LCX?
LCX is a cryptocurrency currently trading on Kraken and ranks 82nd by market capitalization with 772 million LCX currently circulating in circulation.
Since 2018, LCX AG, based in Vaduz, Liechtenstein has been building infrastructure to enable professional crypto finance. Their main areas of focus include regulated cryptocurrency asset exchanges, security token offerings and digital finance solutions.
The LCX token is used to pay fees on the LCX platform, including its centralized security token exchange LCX Exchange and decentralized finance aggregator LCX DeFi Terminal layered on top of UniSwap. Additionally, its team has developed the encrypted custodial service LCX Vault.
Cryptocurrencies are high-risk investments and should only be undertaken after careful consideration of investment objectives, risk tolerance and financial situation. Before investing, please seek professional advice before making any definitive investment decisions based on this content. This content does not constitute advice nor should be taken as such by readers – please consult a financial advisor first before making decisions related to cryptocurrency investments.
LCX Token
LCX Token is the native token of Liechtenstein-based crypto trading platform LCX, launched in 2018. This crypto exchange offers traders many features including various currency pairs, decentralized exchange aggregators and secure hardware wallets.
LCX stands out from other crypto exchanges by adhering to all applicable regulations and laws, helping it build trust with investors. The LCX Token can be used not only to pay fees on its platform but also earn staking rewards, participate in governance activities, or make service payments.
LCX is creating a range of services designed to assist traditional and blockchain market participants take advantage of the burgeoning opportunities associated with crypto asset finance, including a regulated digital asset exchange, custodial solution for both fiat and crypto assets, and decentralized compliance protocol that will standardize how security tokens are issued on blockchains.
LCX Platform
The LCX Platform offers comprehensive digital asset trading, investing and tokenization platforms. MiCAR-compliant, it offers tools designed to support crypto investors. Backed by top tech and business players such as Animoca Brands, BioID, Blockchain Research Institute Chainlink Elliptic & JUN Capital among others – this comprehensive offering promises an easy digital trading, investing & tokenization experience for users.
This platform provides an intuitive user interface to trade and manage digital assets with integrated technical analysis and drawing tools, transaction history records and cost basis reporting that enable portfolio analysis as well as audit reporting for audit purposes, plus arbitrage opportunities via its LCX terminal.
Recently, the LCX platform received an upgrade to V3. This upgrade marks an important improvement as it integrates wallet functions directly into its trading interface, improving system intelligence and adopting high level security protocols to protect fund and data safety while offering holders opportunities to earn staking rewards and participate in governance decisions to further maximize utility.
LCX Liquidity
LCX provides the infrastructure for secure and hassle-free trading of digital assets. Their suite of products include the LCX Terminal, which offers multi-exchange trading platform with advanced portfolio management tools; LCX Assets (tokenized custodial solution with cold storage, multi-signature functionality, programmable governance), as well as LCX Exchange (centralized security token exchange with low fees, high liquidity and institutional-grade security).
LCX Smart enhances DEX experience by enabling users to easily track trades and liquidity pools using advanced filters, while keeping an eye on uniswap trading pairs by liquidity or rewards earned.
To take part in rewards from Uniswap’s LCX/ETH pool and receive rewards, add liquidity to it by holding at least 1 ETH worth of LCX tokens in a whitelisted wallet – this in addition to receiving 0.3% rewards automatically each time trade is executed on the pool.
