It had only been a few months ago that the London Crypto Currency Exchange, stylized as LCCX, launched its initial coin offering (ICO) on March 12, 2018.
The drive behind the ICO and the overall project had been to deliver a safe and secure exchange to cryptocurrency users to perform their everyday trading activities.
Traders could do so within an environment where they could feel protected against the otherwise looming dangers of cryptocurrency hacks and thefts.
LCCX aimed to provide cryptocurrency traders with the assurance that they would be safe from hacking attempts while also having access to an array of cryptocurrency trading pairs at competitive prices. Its services were to be supplemented through its native token, the LXT (London Exchange Token), which could be used for trades and to provide discounts and additional benefits to its holders for their trades .
The ICO went on as planned, and concluded on April 30, 2018. LCCX had already been in development during the ICO, and continued well after that. LCCX worked to ensure that investors and other potential customers would be able utilize their product and services as soon as possible.
LCCX managed to put together a highly efficient working product in the form of its LCCX platform – all within a few months’ time. As a result, LCCX was launched on November 9, 2018.
What Does LCCX Offer to Its Users?
With its launch, the London-based entity immediately started offering trading in no less than 20 cryptocurrencies to its users. The trading pairs against all cryptocurrencies are based on the staple cryptocurrencies, Bitcoin and Ethereum; while fiat pairings are available against USD, GBP, and EUR.
The cryptocurrencies that are available to be traded through LCCX are mentioned below:
This makes LCCX quite powerful in terms of its offerings, which already included highly sought after features such as insured segregated client accounts, where each user’s funds are kept in separate accounts that are also insured in case of adverse events.
LCCX also offers 90% of assets kept in cold storage, which translates to those digital assets being out of the reach of hackers; and 50% bonus on trading activities, which simply guides users toward the incentives they could gain by trading through LCCX.
The exchange was brought to the fore after rigorous beta testing that took place two months prior to its launch.
While the exchange and its services are fully available to its users, it is still vowing to improve its services as it moves forward with its operations, being open to regular feedback in order to deliver a trading experience that is driven by quality of service, ease of use, and security of pertinent assets.
Which makes one wonder, does LCCX really deliver on what it promises? How easy it is to use the exchange?
Check out the full blog post series here:
Official website https://www.lccx.io/
Byline – Alan is a crypto & blockchain researcher. Reach Alan through Telegram @AlanWC