LBX PROJECT (London Block Exchange)
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LBX
London Block Exchange is a London-based leading cryptocurrency exchange that offers a wide range of products and services for all customers in Europe. The London Block Exchange provides easy access to money markets for those who are new and experienced with products and services that focus on the needs of retail and institutional investors. The London Block Exchange also supports 30+ pairs of fiat trades and cryptocurrency. London Block Exchange is an exchange platform that allows users to trade using local currencies from various countries. This makes this trade faster and easier because users can buy or sell cryptocurrency directly, not by methods that are slower and more difficult to use and through intermediaries, such as BTC or ETH. This also means that users can trade from various countries without additional difficulties, this is what makes the London Block Exchange very different from other types of exchanges.
The London Block Exchange is one of the results of the development of the blockchain industry that has better performance and has good ideas, by using our system that allowing investors to be more open to symbolic investment. As one of the blockchain platforms, the company wants to help investors care more about the economic weaknesses experienced by many people around the world in the concept with use reciprocal assistance as an investment that can be used by users on this registered blockchain platform.
HOW DOES LONDON BLOCK EXCHANGE (LBX) WORK?
Although it’s called London Block Exchange, it doesn’t seem like an exchange service (I’m waiting for clarification on this).Cryptocurrency exchanges (e.g., Coinbase Pro, Bitstamp, Kraken) are online platforms which match buyers and sellers. They typically allow you to set market orders (where you just buy at the current best price) and limit orders (where you set a specific buy/sell price).Instead, London Block Exchange (LBX) appear to be acting like a broker. There’s a set buy/sell price and trades execute immediately.I wish they’d made this clearer, as I expected to see something like Coinbase Pro before I registered.You’ll also have to conduct all your trades through their iOS or Android app. The desktop app is coming soon™. Not a fan of buying/selling through apps, so that’s good to hear.
PAYMENT METHODS
London Block Exchange (LBX) utilise the Faster Payments Service (FPS) through an on-shore UK bank account.With the FPS, electronic sterling payments should arrive in the destination account on the same day that they’re sent. In my experience, GBP sent through the FPS usually arrives within a couple of minutes. Most UK banks participate in the scheme, but you can double check here.When I tested London Block Exchange (LBX), my deposit wasn’t credited until the next working day. That’s a little disappointing (as it negates the value of the FPS).GBP withdrawals look like they take about 24 hours too.
Excellence of the project London Block Exchange
- Trading execution is more than £ 100,000.
- Trading in Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash & Ethereum Classic and many more.
- Cryptocurrency is paired with GBP and EUR.
- Special account manager.
- High customer service standards.
- Deep market knowledge and recognized daily market updates.
- Buy, sell, and save real cryptocurrency.
- We schedule complete new coins and token lists.
- Real and personalized customer support.
- Access is very easy and fast through applications that can be accused on the App Store and Google Play.
The London Block Exchange will launch LBXu Token, the leading trading currency in the London Block Exchange crypto trade. LBXu Tokens evolved on the Ethereum ERC 20 blockchain technology, one of the most popular and powerful blockchain systems available today.
SUPPORTED CRYPTOCURRENCIESLondon Block Exchange (LBX) support the following cryptocurrencies:
- Bitcoin (BTC)
- Litecoin (LTC)
- Ethereum (ETH)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- Ethereum Classic (ETC)
- OmiseGo (OMG)
- Golem (GNT)
- 0x (ZRX)
- Basic Attention Token (BAT)
- Status (SNT)
London Block Exchange (LBX) are looking to add additional cryptocurrencies as the marketplace develops (but won’t say more than that).
LBX is launching a utility token LBXu, that gives discounts to buyers when they stake or spend on the LBX platform. The presale will run from September to November 2018, and tokens can be purchased using GBP, ETH and BTC.All tokens sold during the presale will be released for trading over 25 months in order to reduce oversupply. Any unsold tokens from the presale will be added to the public sale process.The public sale is governed by an open and fair monthly "blind" auction to create a supply level that matches the growth of the business. During this phase, tokens can be purchased using ETH.Each month, contributors are able to bid for that month’s allocated LBXu. The bidders can use four strategies (several multipliers with different token lock-ups). Every month only the total amount of ETH contributed will be visible, creating a "blind" bidding process. By controlling the release of tokens each month we aim to negate the effects of oversupply, while rewarding long term holders for staking.
INFO TOKEN
- Name Token: LBXu
- Token Type: ERC20
- Platform: Ethereum
- Token Price: 1 ETH = 1,000 LBXu
- Amount of Supply: 250,000,000 LBXu
- Available for Presale: 100,000,000 LBXu
- Hard Cap: 100,000 ETH
Roadmap
Currency exchanges
The London Block Exchange supports market trades between British pounds and all of the listed cryptocurrencies. LBX restricts crypto-to-crypto to base markets in bitcoin and ethereum. All of the listed cryptocurrencies are available in the bitcoin base market. The ethereum base market, however, only supports trades with basic attention token, bitcoin, golem, omisego, status and 0x.LBX imposes daily and monthly limits on trading volumes based on a customer’s verification status. For example, trades between cryptocurrencies and British pounds are capped at £20,000 per month for people at Level 1, £300,000 per month for people at Level 2, and £600,000 per month for people at Levels 3 or 4. Similar caps apply to crypto-to-crypto trades as well.
CONCLUSION
The London Block Exchange provides a unique service to British crypto traders. As the first exchange to have a direct relationship with a British bank, LBX lets its customers trade pounds and crypto directly without having to go through the extra steps and costs of converting pounds to dollars.
For complete information, please visit the following link:
WEBSITE: https://lbx.com/
WHITEPAPER: https://hub.lbx.com/hubfs/token-sale/LBX.com_Token_Sale_September_2018.pdf
ANN TREAD: https://bitcointalk.org/index.php?topic=5052408.0
FACEBOOK: https://www.facebook.com/LondonBlockExchange
TWITTER: https://twitter.com/LBXSocial
TELEGRAM: https://t.me/lbxcommunity
REDDIT: https://www.reddit.com/r/LondonBlockExchange
INSTAGRAM: https://www.instagram.com/london_block_exchange
MEDIUM: https://medium.com/@LBXSocial
LINKEDIN: https://www.linkedin.com/company/londonblockexchange
Author
#tokensale #lbxrealcrypto #lbxpay #LBXu #LBXPeg #lbx
Forum Username : qweryjkuyuymyum
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=2217709
ETH wallet address: 0x3D17c00506572Bd93869D7818cE71Ae1822c139E