LCX Crypto Liechtenstein at themoneymongers

The trend of exchange-based tokens has been well received in the cryptosphere and LCX, the Liechtenstein Cryptoassets, world’s first licensed security tokens exchange has also made its native token i.e. LCX. In November 2018, LCX claims to have been granted a Business License of the Liechtenstein Ministry of Economic Affairs. LCX AG was found in April 2018 and is headquartered at the Principality of Liechtenstein.

For the initiated, their initial product LCX terminal is a multi-exchange trading platform allowing users to trade cryptocurrencies 24/7 on all the major crypto exchanges from a single interface. LCX terminal is connected to 15 exchange and thus enabling you access to 5249 total trading pairs with decent daily trading volume.

Its token LCX is a an utility token which has its usage within the exchange ecosystem. The token may be used to pay all fees associated with the services offered by LCX AG. The LCX Token can be used as a voucher to pay fees, such as fees for LCX terminal subscription; fees for custodian solutions LCX Vault; fees for exchange transactions for all crypto assets; exchange fees for fiat-crypto-fiat transactions; processing fees; and other fees within the LCX ecosystem.