Topic: [ANN] [ICO] LCCX - The Most Trusted Crypto Exchange In The World - page 9. (Read 27371 times)

Thanks for your comment

Cold storage for 60-75% of the funds should be industry standard but it still isn't although some exchanges do currently use this.

I'm not sure of any that are regulated and have clients funds insured though

The website with a lot of information will be going live this next week so will help people get the overview without having to read the white paper but thanks for the suggestion

If this is true and all crypto stored on the exchange is insured this is a sure success! I think the most secure exchanges will be the ones to survive over time. Great idea I'll keep a look out

Cold storage is not a new technology and invented by you personally.
About the white paper. In such projects, all the advantages should be highlighted on the first page, and not sent to white paper. Immediately most of the questions from readers of the branch will disappear.

Thanks for your post. There's no prototype yet and our website with the team and info from the white paper will be live on Monday 

Please read the white paper for more details

As well as using cold storage to keep clients funds safe, all the online (hot) storage will be fully insured so clients can sleep at night. I would consider this as a big difference as most exchanges don't have this insurance.

They're also not regulated which we will be, by the FCA which has a great reputation for protecting the interest of consumers.

We'll be announcing our $500k bounty program later today 

Do you offer any bounty? Like Twitter, signature etc

How is your protection different from other major exchanges of crypto-currencies that are constantly working on new algorithms? The startup project is cool, but so far I have not seen a big difference with the competitors on the description.

You have any prototype before open this ICO crypto trading is getting more famous around the world so that I also think potentially it looking nice. You should add team profile at OP instead of whitepaper it will attract more people.

I can do a Croatian translation if needed.

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Great to see more UK based projects. This one looks great. Best of luck and I will be taking part for sure 

Looking a quality project. Watiching here.  

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Telegram: https://t.me/lccxico




Summary

Crypto currency markets have exploded in the last 12 months.

There are now millions of ‘crypto traders’ around the world buying and selling hundreds of crypto coins/tokens every second of the day.

Current exchanges are even stopping new sign ups as they can’t handle the exponential growth the industry is seeing and customer support is being ignored.

Exchanges have been hacked and lost over a billion dollars in total of clients funds

Governments and regulation are knocking at the door

LCCX is coming

A fully regulated and insured against hacks crypto currency exchange based in London

An exchange where traders can buy and sell hundreds of different crypto coins against popular crypto’s or even popular fiat currencies like the US dollar.

A place with 24/7 customer support and live chat giving customers an industry leading user experience.

LCCX will charge low fees for traders and businesses listing their coins. All fees will be paid using a new token we are creating, The London Exchange Token or LXT for short.

There will be 100 million LXT created and we are selling 60% of them through our Initial Coin Offering (ICO)

As the exchange grows more and more users will require these tokens and we will also be using up to 25% of our profits to buy back and destroy 50m of them making the circulating supply decrease

We aim for LCCX to launch in the third quarter of this year and will be starting marketing in the second quarter. By mid 2019 our goal is to establish LCCX as the worlds most trusted crypto exchange and also one of the most used (based on daily volume).