The LCX utility token is rapidly becoming one of the favorite penny altcoins on Reddit. The LCX community is very active and provides lots of support and expectation of very significant price increases over the next few years. Many Analysts are predicting price increases for 2022 to be You can visit the Reddit LCX community for some excellent discussion on the development of the Lichtenstein Cyrptoasset Exchange (LCX).
As a newer utility token the LCX price in early February 2022 is around $.12 and is a classic penny altcoin. A penny cryptocurrency is one that costs less than a dollar per unit. However, the upside potential of penny cryptocurrencies could boost your initial investment significantly. Many new LCX crypto investors have difficulty finding where to buy the LCX token. In this article we identify 4 crypto exchanges where you can buy the LCX utility token.
The LCX Exchange
Based out of Liechtenstein, LCX operates within the world of FinTech. Under the LCX banner, various products are on offer, appealing to a wide array of traders and companies alike. Some of these products include,
- LCX Exchange (centralized platform for trading digital assets)
- LCX Price Oracles (cryptocurrency reference prices)
- LCX Terminal (real-time & historical data on crypto markets)
- LCX DeFi Terminal (decentralized trading platform for Uniswap)
- STO Launchpad (end-to-end tokenization platform)
Powering this suite of services is the LCX utility token. Described as the ‘fuel’ of the LCX ecosystem, these tokens are used in a variety of ways. This includes paying for fees associated with each of the aforementioned products on offer. In various instances, use of LCX for paying fees provides users with discounts. LCX are structured as ERC-20 tokens, and maintain a hard cap of 950M.
In late 2020, LCX successfully gained regulatory approval from the Financial Market Authority (FMA) to operate each of its services within Liechtenstein under registration #288159. In addition to gaining regulatory approval, LCX indicates that it undergoes regular auditing from Grant Thornton – an external third party auditor.
LCX Exchange can be accessed via desktop and mobile.
We list the top 4 exchanges that offer the ability to buy LCX (LCX)cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
Coinbase and Coinbase Pro
Coinbase is a publicly traded crypto exchange listed on the NASDAQ. It is one of the most widely used exchanges in the United States and accepts clients from 100+ countries including Australia, Canada, Singapore, and the UK.
Over 460 billion dollars in volume has been traded by over 70 million users at Coinbase. Security is a paramount feature with 98% of customer funds being stored in secure offline storage. The platform is simple to use and is available on desktop, Android, and iOS, offering trading opportunities in over 140 cryptocurrencies including LCX (LCX).
This exchange currently accepts USA residents excluding Hawaii.
Liechtenstein Cryptoasset Exchange (LCX)
Founded in 2018, the Liechtenstein Cryptoasset Exchange (LCX) is a regulated platform for the issuance and trading of digital assets. In addition to releasing a comprehensive suite of products, servicing everything from cryptocurrencies to security tokens, LCX indicates that it does so in full compliance with existing laws. This suite consists of price oracles, STO launchpads, trading, a DeFi terminal, and more.
LCX currently offers access to a bevy of digital assets, including LCX (LCX).
This exchange currently accepts USA residents.
Binance
A leading cryptocurrency exchange, Binance Exchange was founded in Hong Kong in 2017. Altcoins are binance exchange’s main focus. The Binance exchange supports trading of more than 500 crypto assets, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), and Binance Coin (BNB). In response to China’s strict regulations on cryptocurrency exchange businesses, it relocated its headquarters to Malta, EU, in 2018.
Binance is an exchange primarily known for crypto-to-crypto trading. It has one of the lowest transaction fees for cryptocurrency exchanges. It offers discounts to users who pay with native BNB cryptocurrency tokens, and has a high liquidity rate.
This exchange currently does not accept USA residents.
Uniswap
Uniswap is a decentralized exchange (DEX) for swapping tokens, which uses an automated market maker (AMM) model that allows users to trade against a liquidity pool. While this is obviously a good option to purchase LCX (LCX), we only recommend this platform for advanced users. Due to the fact that this is exchange is decentralized, you are liable for any losses due to errors made.
Learning to use decentralized exchanges is not for the faint of heart. Because of the inherent risks associated with decentralized exchanges it is recommended to use coinbase.com instead.
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