The LCX crypto platform offers its token holders several benefits, such as discounts on trading fees, transactions fees and platform services.
The platform also features a centralized exchange, digital asset custody services, price oracle and compliant token sale manager. They hope to extend their offerings with blockchain bank solutions in the near future.
What is LCX?
Liechtenstein Cryptoassets Exchange AG was established in 2018 with a mission of becoming one of the first global blockchain banks that seamlessly blend traditional assets with crypto assets. Their core offerings include digital asset trading platforms, security token offerings (STO) and various crypto and blockchain-related financial products.
Current market cap of the LCX token stands at $100,329,061 and it is currently ranked as #356 on CoinGecko. Price fluctuations for this asset have caused its price to fluctuate; currently trading at $0.0317.
LCX (Light Coin Exchange) tokens are Ethereum-based coins designed to help pay fees on the LCX platform. As well as paying exchange fees, holding LCX can give access to various benefits like fee waivers and rewards. For maximum security of your tokens, consider keeping them in a trusted wallet such as Trust Wallet or MetaMask; to prevent cyber attacks.
How to Buy LCX
Before purchasing LCX on a DEX like Uniswap, ensure you have a Web3 wallet compatible with LCX tokens, write down or store away your seed phrase – without it, accessing your crypto won’t be possible!
Coinbase offers another centralized exchange option, but be aware of their strict identification verification process and requirements to complete transactions. There are also peer-to-peer exchanges which connect buyers and sellers directly – however be wary of potentially unfavorable rates or scammers when selecting these platforms.
An alternate option is to use an exchange that offers both fiat currency deposit and withdrawal services, like Kraken. This method is particularly suitable if you reside in the US and wish to avoid the higher fees charged by decentralized exchanges. Furthermore, many exchanges offer recurring purchases, which allows you to gradually build up an amount of LCX over time; this technique is known as dollar cost averaging.
How to Store LCX Tokens
Your crypto wallet provides a safe haven for your LCX tokens, with top cyber-security protocols including multi-factor authentication, threshold key signatures and facial recognition ensuring they remain free from hacking, theft or loss.
Your other option for storing LCX could be in a non-custodial wallet that enables you to maintain full control of your private keys – it would be wise to choose an established Web3 wallet like KuCoin Wallet or MetaMask as they offer full transparency and access control over their funds.
Once again, DEXs (decentralized exchanges) offer another means of purchasing LCX directly. To do this, first purchase a base currency such as BTC or ETH before swapping it on a DEX for LCX – be sure to read their instructions thoroughly prior to any swaps! Ideally only buy from trustworthy governing bodies when selecting your DEX. Decentralized exchange purchases typically take from minutes to hours depending on which method of purchasing you choose.
Where to Buy LCX
LCX tokens are used as payment on the LCX Exchange, a centralized platform for trading security tokens and compliant token offerings. Furthermore, this cryptocurrency token also rewards users who contribute to its ecosystem.
Purchase of LCX on a centralized crypto exchange is simple and safe. Start by registering on their website or app, providing ID verification details, and purchasing cryptocurrency such as LCX in minutes.
Alternately, you can purchase LCX on a decentralized exchange (DEX). DEXs tend to be more volatile than centralized exchanges so be wary before making your purchase decision. After buying your base currency on DEX, transfer it directly into an LCX wallet supported by that exchange and trade for LCX there – or purchase directly on the LCX Exchange using credit or debit card – noting the fluctuating price.
