ICO Review: LCCX – The London-Based Cryptocurrency Exchange

in #ico6 years ago

If you are reading this paper, you are likely to have some knowledge about cryptocurrencies. If not, you should do some small researches on Google to find out more about it. There are hundreds of articles and communities which will show you the way. You can head for some keywords such as ICO, Bitcoin (BTC), Ethereum (ETH) and plus more. If you already did your homework, I can now explain to you why this post is written. Nowadays, ICO market is just like the Wild West during the peak time of gold rush. If you know the way, earning good money is not some difficult, but you have to find a good-enough project to invest in. Here is one of the promising projects that I am extremely excited to tell you: LCCX

Introduce to LCCX

LCCX WhitePaper pdf.png
LCCX is a new cryptocurrency exchange that aspires to be the most trusted exchanges in the world. This exchange has some differences compared to the current crypto exchanges that have been around earlier. Firstly, instead of just an exchange platform, it comes with features that can solve the common problems in crypto exchange industry.
The main goal of LCCX is to create a better environment for cryptocurrency exchange. The main problems of cryptocurrency exchange nowadays are unclear jurisdiction, poor customer service, and most importantly security. LCCX want to be a platform that clients can trust. By taking advantage of blockchain technology, it will be able to protect clients’ funds and prevent them from being hacked and stolen. Read more on the whitepaper.

Features of LCCX

· A Non-Anonymous Platform with Clear Jurisdiction
LCCX is more trustworthy because the website is not anonymous and the address of the company is clear. Unlike most crypto exchanges with unclear jurisdiction, LCCX has clear address and location. This exchange platform is based in London, which is known for its great security and stable political environment. As a result, cryptocurrency exchanges based in this area will not face any pressure from the government
· Safer
Clients’ funds are safer because the 60 to 75% of the funds are stored in an offline storage. As a result this platform is safer from online security threats from hackers.
· Great Customer Service
With LCCX, clients will not have a hard time contacting customer service anymore. This is because the platform comes with live chat and other ways to contact the customer service.
· Low Fee
Clients can maximize their profit because this exchange service asks for low fee, either for withdrawal, annual fee or other services.
· Trade to Hundreds of Cryptocurrencies
Clients will be able to trade their coins to any cryptocurrencies. In addition, trading to fiat currency will be very easy with LCCX.

Personal Opinions

  • LCCX has a potential concept and high liquidity of the tokens
    The idea of this project is very clear and profitable. LCCX is developing an exchange with a new mind-set: customers matter. It has a massive potential user base to capture. But beyond that, the vast portion of the market potential is unachieved. Most of the world is not partaking in crypto because of the difficulty of entering this market. All that massive uncapitalized potential is open for LCCX to target.
    London Cryptocurrency Exchange(LCCX) is the answer to all the current problems of the cryptocurrency exchange. Based in London and utilising the blockchain technology, they are ready to become the most secure cryptocurrency exchange in the world. Keeping most of their asset in the cold storage for the safety and having a low withdrawal fee for the consumers is one of the many attractive features of the platform.
  • Strong team
    The project will be underpinned by a holistic core and advisory team of proficient experts. LCCX’s strength is the team, particularly the CEO. Robert Benwell has already successfully built companies from scratch, and, conveniently, he is a long-time crypto trader. This allows LCCX to be product built for the traders from a trader. Robert has the understanding of the pains the traders and investors in crypto face, and he knows how to properly target their pains with feasible solutions.
    Moreover, LCCX iѕ соmрriѕеd оf a роwеrful tеаm оf mеmbеrѕ frоm bоth the trаditiоnаl finаnсiаl аnd legal ѕесtоrѕ аѕ well аѕ оthеrѕ frоm nеw tесh induѕtriеѕ. It has what it tаkеѕ to fulfill itѕ objectives аnd uѕhеr in thе lоng-аwаitеd diѕruрtiоn tо thе сurrеnt exchange platform mоdеl.
    Aliсе Cорilеt – Chiеf Lеgаl Offiсеr: an Oxfоrd University Lаw grаduаtе whо ѕресiаlizеd in Finаnсiаl Crime, Rеgulаtiоn аnd Compliance with ѕix years of еxреriеnсе, fivе оf which wоrking in thе UK Financial Conduct Authоritу (FCA).
    Mark Wilson Hоореr – Hеаd of Network Sесuritу: an еxреrt in IT security with еxреriеnсе in IT ѕесuritу policies (tо ѕаtiѕfу investment bаnk lеvеl), duе diligence аnd FCA liсеnѕing rеԛuirеmеntѕ.
  • Well-built website and whitepaper and clear roadmap
    The 31-page whitepaper of the project is available at https://www.lccx.io/LCCX-WhitePaper.pdf (https://www.lccx.io/LCCX-WhitePaper.pdf) . It contains the information about the problems and solutions offered by the team of LCCX. In addition, there are paragraphs dedicated to the team, the beta app, the roadmap and the details of token sales. This white paper is very nicely-designed and the information is illustrated in details. Besides the good whitepaper, the website is also very detailed, contains all necessary graphic.
    Screen-Shot-2018-03-23-at-22.36.39-768x812.png

Token Sale

London Exchange Token (LXT) is the only official token of the project. The maximum total number of released token is 100 million and no more tokens will be issued, the unused LTXs will be burnt. The users will use this token to pay fees in LCCX platform, such as withdrawal fees. The token sale is currently live on the platform until 30th April 2018.The ICO will be available for a $0.1125 USDbase price . This price doesn’t include bonuses, you can check the bonus program in their whitepaper.
35% of the funds will be utilised for the development of the platform while 25% is reserved for the marketing and PR. The team behind the platform is experienced in the field of blockchain technology.
LCCX WhitePaper pdf (1).png

Conclusion

To sum it up, аs а pаrt of our review, we see strong potentiаl in this ICO. The concept of the project is very useful and potentiаlly very profitаble. . LCCX with its excellent features clearly can take that spot and provide better environment for cryptocurrency exchange in the near future.

The site's design looks good and all of the information are provided transparently and with many details. Going by their strong team and extensive roadmap on the website, Saifu definitely does not seem like a short term project, it is worth investing both from short аnd long-term perspectives

The sooner you will support the project by buying its tokens, the better price you mаy expect аlong with bonuses. So far, the platform looks promising with all the required areas covered. However, we advise you to invest carefully as there is no 100% guarantee on success. Also, the security market may sound a bit risky for some new investors.

Please: If you found this article helpful, appreciate the information I have curated, appreciate the analysis I have provided, please support me by liking and sharing this article; you can also follow me at ICO Review to stay updated with the most remarkable ICOs coming up. If you find the project valuable or interesting, support it by sharing and liking this page and keeping up with company profiles.

Interested readers can take a closer look at the following links:
Website: https://www.lccx.io
Whitepaper: https://www.lccx.io/LCCX-WhitePaper.pdf
Contact: [email protected]
Telegram: @joseph_ive
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile&u=1417448

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