London Crypto Currency Exchange (LCCX) offers an innovative crypto exchange platform model that seeks to address notable weaknesses in the existing model. With its unique approach, the platform will make trading in digital currencies more accessible and reduce the risk level associated with the trade.
The cryptocurrency industry has experienced unprecedented growth over the past year. While this has led to a massive rise in popularity for the sector, particularly for alternative investment purposes, it has also highlighted notable fundamental issues in its supporting framework.
LCCX seeks to be the solution for all of the issues that the current crypto exchange platform model fails to address. It aims to set a new standard by developing the most trusted exchange platform, with user convenience at the heart of the project.
Restoring Transparency and Accountability to the Crypto Industry
The first and simplest step that LCCX plans to use to remedy the situation is to have the company details, including its physical address, present on the website. This is to create accountability for the project and inspire hope in investors. The project also aims to work closely with regulators such as the Financial Conduct Authority in the UK and others around the globe.
In order to prevent the likelihood and impact of malicious attacks on the system’s network, the company plans to keep all client funds in secure, offline, cold storage facilities. But as a further protective measure, LCCX also aims to offer insurance covers for all funds against hacking.
A User-Friendly Approach
The LCCX website will have live chat support round the clock to guarantee real-time assistance for users. Additionally, the project plans to offer a one-stop shop for crypto exchange users. To this end, the platform will have hundreds of coin varieties available for trading so as to appeal to all users. There will be trading pairs with both fiat currencies as well as popular crypto coins.
The ICO crowdsale will hold massive benefits for early investors thanks to its highly appealing bonus structure. This comes in three tiers, with a 30% bonus on the first 15 million tokens sold, 20% for the next 10 million and 10% for the next 7 million.