LBX will solve two main cryptocurrency exchange issues

hellyeahent (39)in #lbx • 6 years ago

Lack of education

Why there are so much fake projects and fake exchanges and fake ICOs in the field of blockchain? Most of people will answer that main source of fraud is absence of any kind of regulating body and there is no one to stop the appearance of new coins and tokens. In fact, answer is much easier: low level of knowledge about the cryptocurrency and cryptocurrency trading.

This problem become completely clear during the ICO bullrun and it have not been solved until now. Most of modern investors do not understand both market conditions and project features. They are not ready to read and understand long and difficult technical papers, they usually ready the white paper only, which is the biggest mistake. When it is easy to fool you, you should not be surprised, when you are fooled.

There is no attempts to justify scammers and fake teams, but educated person will never invest in such unreliable projects. Cryptocurrency trading faces pretty the same situation, so it is clear that LBX will attract a lot of target audience representative and it will even manage to capture the significant part of users of other exchanges. Why? Because they are ready to educate you! Most of exchanges are targeted at experienced traders that already have enough knowledge, but no of them is newbie-friendly. Just read the FAQ section of LBX official website: it is one of the best guided for newbie traders and it is pretty simple to understand. Moreover, LBX give it for free, so you do not need to pay for such a precious knowledge.

Poor liquidity and high volatility

It is one more issue that had to be solved, if we all want for the market to develop in the nearest future. LBX will provide you with the wide list of cryptocurrency against fiat pairs to make trading comfortable. You may wonder how such a simple step could improve current market situation, but for some of you it may be extremely easy.

It is easy get BTC for fiat money, but it may be pretty hard to find reliable exchange, which is able to trade TRX for fiat money. Therefore, you need to buy BTC and then to buy TRX for BTC or ETH. It makes the entire market BTC-depended and it really slows growth and development of it. LBX will provide you with huge amount of reasonable cryptocurrency-fiat trading pairs and it will have two major consequences.

At first, people will be ready to buy BTC or ETH or any other crypto without intermediaries, just using the banking interface. It will be completely onshore banking transaction. At second, when there will be stable and direct access to alternative coins, market will be finally free from BTC dominance, so some of currencies will manage to rise even in terms of crisis. It may be the first step, the first sign of major recovery and the rise of LBX. So why do not invest LBX right now, when terms are so great?

Website - https://lbx.com
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whitepaper - https://hub.lbx.com/hubfs/token-sale/LBX_Whitepaper_v1.0.pdf
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