Blog Post
How LCX is Providing a Platform For Crypto Trading Solutions
Wayne Jones • July 24, 2020
Cryptocurrencies have been gaining dominance in the financial markets over the last couple of years. Besides embracing blockchain technology, more people are now looking into crypto trading. The market is currently flooded with over 5’000 coins, and globally, crypto enthusiasts are looking for ways to make money by trading these digital currencies.
LCX is a platform that provides users with an efficient trading platform without sacrificing security aspects. The crypto trading market is thriving, but it continues to face several issues. Some of these challenges are due to the high number of individuals dealing with cryptos, while others are due to current exchanges’ inefficiencies.
Overall, understanding these problems is the first step to solving them. LCX has taken time to understand these issues and is finding ways every day to help curb them. This article will explore a few pain points in crypto trading and how LCX is moving forward to sort them.
Pain Points in Crypto Trading
Here is a list of common issues traders face in cryptos and digital assets’ markets.
- Cyber Crimes - Cybercriminals have been taking advantage of digital assets from the word go. The history of cryptocurrencies is crippled with millions worth of dollars that have been lost in hacking and other online criminal activities. This factor, in turn, has a detrimental effect on the value of cryptos. Traders have lost hard-earned funds with zero chances of recovery since transactions are irreversible.
- Unreliable News - Spreading false information via social media platforms is one of the significant challenges that cryptocurrencies face. The crypto trading market comprises both pro and novice traders. Investors with little or no knowledge of cryptocurrencies and other users become victims of unreliable news. Therefore, they cannot determine if the information is accurate or not.
- Price Volatility - Different cryptocurrency platforms hold different prices for digital assets. It makes it harder for users to determine the most effective and promising ones to invest in. Since the market is highly unstable, users have to perform investment options carefully and find out platforms where they can trade at minimal fees for higher returns. Furthermore, the whales in the crypto market always get the chance to dictate asset prices.
- Slow Transactions - The cryptocurrencies systems get slower over time, as more individuals join the crypto trading world. When there are many transactions lined up on the blockchain, it takes longer to process and confirm them. In some crypto platforms, investors may have to part with higher transaction fees if they want faster transactions. The charges may not be affordable for every user. Being a volatile market, the more the delays, the higher the costs for investors.
- Scams - Ponzi schemes are usually platforms that are in pursuit of defrauding innocent investors. Users get attracted to a crypto market that guarantees enormous returns on investments, and eventually, the platform’s site disappears together with the user’s money. Apart from frauds, ICOs manipulation leads to investors blindly putting their money in promises of increasing token price. Entrepreneurs exaggerate a coin’s popularity then withdraw from it later, leaving users with valueless coins.
- Unspecified Legal Frameworks - Legal frameworks or lack thereof in cryptocurrencies is a major issue hindering the investment potentials surrounding crypto markets. Several countries have regulatory measures for crypto exchanges. Nonetheless, many crypto users engage in illegal activities, including money laundering and tax evasions threatening the credibility of the cryptosystems.
LCX’s Role in Providing Solutions to These Problems
- Regulatory Compliance: Regulations and compliance have been a pressing issue considering most cryptocurrencies do not have specified legal stands on trading. However, LCX provides a platform, which puts transparency first. Following the Blockchain Act implemented in 2020, LCX provides user rights to its customers, including contractual, securities, bankruptcy, consumer, and investors regulations. Hence, they assure customers of credibility in their digital asset ownership and avoidance of illegal involvements. Furthermore, the platform offers standardized crypto issuance and trading.
- A More Secure Platform: Decentralization has been the answer to most security problems in the trading industry. While maintaining user anonymity and control over their funds, the LCX system enables resilience to hacks and theft. Furthermore, the platform utilizes the Legal Entity Identifier and the International Token Identification Number (ITIN) to ensure that every digital asset has a unique security stamp. It makes it easier to track their use by both users and stakeholders. Transactions are immutable enabling protection against fraudulent activities and external threats. Besides, LCX has options to allow users to store their assets with end-to-end encryption. They are also able to have control over their private keys, unlike most online wallets. Most crypto traders prefer cold wallets for security purposes. Nonetheless, this option comes with many inconveniences. The ability to store assets on the platform with assured protection makes it easier for users.
- Faster Transactions: Traders are entering the market every day with high expectations on speedier transactions. LCX avails its users with an option to make management and transfer of assets easier and faster. Also, by eliminating the need for third parties, transactions are directly involved while entailing anonymity, raising the trust, and lowering the costs associated.
- Reliable Real-Time Information: Falsified information on trading platforms on the Internet is on the rise every day. LCX provides users with real-time information on the ongoings within the crypto world. While utilizing different active sources, the network instills a reliable data platform that is non-technical and technical, depending on your understanding levels. New investors who are susceptible to scams and misdirections can, therefore, put their worries to rest. LCX has a secure social media platform that engages its users in discussions and follow-ups on important information surrounding crypto markets. Contributions of major investment-based companies into the network enables investors to make sound decision making as far as crypto trading is concerned.
- News Desk and Social Insights: LCX Terminal already features an integrated news desk to offer traders the most important news right next to their crypto portfolio. With the recent partnership announcement with LunarCrush, LCX is expanding this functionality. LCX will be the first trading platform to integrate social signals and analysis for cryptocurrency markets. We learned from insiders that the upgraded platform is already being tested and will be launched soon.
- More Trading Options: LCX is providing new investors with more trading options, unlike in the traditional markets. The revolutionized platform allows investors to trade on different exchanges using a single interface. The efficiency of this process is unmatched. Moreover, LCX works under standardized and regulated conditions protecting its users from uncertainties that come with cryptocurrencies. For this reason, manipulations are impossible to penetrate the trading platform preventing the exploitation of novice investors.
Author’s Note
Cryptocurrencies are on the rise, and nothing can stop them now. More digital assets keep arising in the crypto world. Trading will also increase as cryptos offer an alternative for traditional forms of investments.
However, this promise for a better financial future is always facing challenges as issues present in the crypto trading are ever on the rise. Unreliable systems, falsified information, and legal implications are a few of the trades’ pain points.
All the same, LCX is on a mission to ensure that the future of cryptos is secure while maintaining harmony with the traditional markets. The platform comes with some unique features that ensure crypto trading is a seamless process for every user. We can only wait to see what else is in store from the network to help curb more of the worries surrounding crypto trading.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.
Decentralized Exchanges (DEX) have become a game-changer for crypto enthusiasts in the fast-paced financial world we’re in today. These platforms provide enhanced security, transparency, and full control over digital assets. Agrifi is at the forefront of this innovation, introducing an advanced DEX where users can seamlessly trade AGF tokens with popular cryptocurrencies like USDT, ETH, and MATIC, as well as participate in liquidity provision to earn valuable LP tokens. Seamless Crypto Trading Agrifi’s Decentralized Exchange allows users to effortlessly swap AGF tokens for major cryptocurrencies like USDT, ETH, and MATIC. Unlike traditional exchanges, our DEX offers a secure, transparent, and censorship-resistant trading environment. Transactions occur directly between users, eliminating the need for intermediaries and significantly reducing transaction costs. Even newcomers can navigate our intuitive and user-friendly interface with ease. With just a few clicks, you can trade tokens securely, optimizing the flexibility and efficiency of your crypto portfolio. Since this decentralized method ensures your funds remain under your control at all times, it greatly minimizes the risk of centralized hacks or losses. Earn Rewards Through Liquidity Provision Beyond simple trading, Agrifi gives users a unique opportunity to earn passive income by providing liquidity to the exchange. When users deposit token pairs (such as AGF-USDT, AGF-ETH, or AGF-MATIC) into our liquidity pools, they receive Liquidity Provider (LP) tokens in return. These tokens serve as proof of participation and entitle holders to a share of transaction fees generated within the pool. Providing liquidity not only offers a steady stream of rewards but also strengthens the exchange’s stability and functionality. This helps traders experience minimal slippage and smooth transactions, making liquidity provision a mutually beneficial endeavor that supports both individual users and the broader Agrifi ecosystem. Why Choose Agrifi's DEX? Agrifi isn’t just another decentralized exchange—it’s a complete financial ecosystem built on sustainability and long-term value creation. Our DEX operates on robust blockchain technology, ensuring top-tier security and transparency. Thanks to decentralized governance, our platform continuously evolves to meet community needs, fostering fair, user-driven decision-making. Blockchain integration guarantees that every transaction is immutable, transparent, and secure. You can trade with confidence, knowing that your investments are safeguarded, verifiable, and entirely under your control. Join Our Growing Community Stay connected and informed by following Agrifi on our official platforms: Telegram : https://t.me/agrifi Twitter : https://twitter.com/agrifi_tech Facebook : https://facebook.com/agrifitech Instagram : https://instagram.com/agrifi.tech Community Telegram : https://t.me/agrifi_official Start Your Decentralized Trading Journey Today! With Agrifi’s DEX, experience the future of decentralized finance today. Trade securely, earn rewards through liquidity provision, and join a thriving community committed to innovation, transparency, and sustainability. Don’t miss out on this opportunity to grow your crypto portfolio with Agrifi’s cutting-edge DEX platform. Explore now and be part of the decentralized revolution!
The CDG project has officially launched, introducing an innovative solution that enables everyone to earn passive income directly from their homes. With just a compact device, a power outlet, and an internet connection, CDG simplifies earning predictable, reliable, and hassle-free daily income. Earn Daily Rewards Effortlessly CDG offers two user-friendly models: CDG Home and CDG Power Home , which provide GPU computing power to a decentralized computing network. In return, device owners receive daily rewards in the form of CDG credits. CDG credits operate similarly to loyalty points and can be conveniently exchanged for fiat currency through the easy-to-use CodegoPay app , available on both iOS and Android. Each credit maintains a guaranteed minimum value, ensuring consistent and predictable earnings. Why CDG is Different The concept of sharing computing resources isn't new, but CDG's implementation is uniquely accessible and efficient. CDG devices are incredibly energy-efficient: the CDG Home model consumes just 10 watts , and the powerful CDG Power Home uses only 30 watts . Designed for home use, these devices are compact, quiet, and discreet, seamlessly blending into any living space. Device owners begin generating income immediately upon activation. The CDG Home device generates a minimum of $5 per day , while the CDG Power Home offers at least $20 per day . Setup is straightforward, requiring no technical expertise. Simply plug the device in, connect through the CodegoPay app, and instantly start earning. Quick Start Guide Getting started with CDG is easy: Download the CodegoPay app (Android or iOS ), and open your account to receive your personal IBAN instantly. Order your preferred CDG device via the app or through an authorized reseller. Activate your device using CDG credits with a few simple taps. Your daily earnings will be tracked in real time within the app. Pricing and Activation CDG offers two versatile device models: CDG Home : Priced at $2,500 , requiring 10,000 CDG credits for activation. It consumes only 10 watts and delivers daily rewards of 50 CDG credits , valued at a minimum of $5 per day . CDG Power Home : Available for $10,000 , requiring 40,000 CDG credits for activation. It consumes just 30 watts , providing daily earnings of 200 CDG credits , equivalent to at least $20 per day . Earn Even More with Referrals CDG users can further increase their income through a rewarding referral program: Earn €150 cash for every friend who purchases a CDG Home , plus your friend receives a €50 discount . Receive €600 cash for every friend who purchases a CDG Power Home , with your friend enjoying a €200 discount . Referral bonuses are paid directly to your bank account via the CodegoPay app. Contributing to a Growing Global Network By owning a CDG device, users actively contribute to a decentralized GPU network, essential for industries like gaming, artificial intelligence, and mobile services. As the global demand for GPU computing power continues to grow, the potential value of CDG credits increases, providing additional long-term value. About CDG and Codego The CDG project was developed by Codego , a fintech leader providing secure, comprehensive digital banking solutions. Codego offers core banking, prepaid and debit card issuance, and European IBAN accounts, supporting more than 12 fiat currencies and over 500 cryptocurrencies . Thanks to Codego’s advanced financial infrastructure, users enjoy a seamless experience in managing their CDG devices through the CodegoPay app, which includes integrated IBAN accounts, secure real-time earnings tracking, and compliance with the PSD2 regulatory standards. Learn more about Codego and the CDG project: Codego (Website) | CDG (Website) | X (Twitter) | Instagram | LinkedIn | TikTok Discover how CDG transforms passive income generation—simple, efficient, and rewarding from day one.
BTCC , one of the world’s longest-serving cryptocurrency exchanges, is thrilled to announce a significant revamp of its VIP program, specifically designed to cater to high-volume traders among its 6.8 million users globally. This initiative highlights BTCC’s continued commitment to delivering an exceptional trading experience through increased efficiency, exclusive rewards, and personalized support. Founded in 2011, BTCC has been a trusted name in crypto, offering reliable and user-friendly trading services across the globe. The newly enhanced VIP program ushers in a new era of perks, prestige, and personalization for elite traders seeking more than just competitive fees. The revamped VIP program introduces several exciting features: Competitive Trading Fees : VIP futures trading fees have been reduced to an industry-leading rate of as low as 0.007%. Enhanced Liquidity : SVIP users can now withdraw up to 2,500,000 USDT daily, catering to the demands of high-volume traders. Generous Upgrade Rewards : Each upgrade in VIP levels unlocks rewards worth up to 2,500 USDT, including trading vouchers and exclusive merchandise. 24/7 Personalized Support: VIPs enjoy round-the-clock access to dedicated account managers for tailored trading assistance. Community Prestige: Users receive a custom VIP badge that reflects their status within the BTCC community. Luxury Experiences : SVIP users will be randomly selected to win premium vacation packages to destinations like the Maldives and Bali. VIP Status Protection : SVIP users benefit from a grace period that prevents immediate downgrades, even during periods of reduced trading activity. "We’re incredibly excited to launch this revamped VIP program, which truly puts our users at the heart of everything we do,” expressed Alex, Head of Operations at BTCC. “This revamped program is all about empowering high-volume traders. With tailored services, competitive fees, and exclusive rewards, we are dedicated to providing the tools and support that our most active users need to thrive in the fast-paced crypto market.” BTCC’s enhanced VIP offering isn’t just a loyalty program, it’s a reflection of the platform’s ongoing mission to create a secure, rewarding, and dynamic trading environment for users around the globe. About BTCC Founded in 2011, BTCC is a leading global cryptocurrency exchange with the vision to make crypto trading reliable and accessible to everyone. With a strong presence in over 100 countries and regions and a user base of over 6.8 million, BTCC continues to deliver innovation, security, and unmatched user experience in the cryptocurrency world. Official website: https://www.btcc.com/en-US X: https://x.com/BTCCexchange Contact: press@btcc.com
FYBN Token , a Solana-based cryptocurrency, announced a 395% increase over the past 30 days. Despite the adverse market trends, FYBN reached $0.0031 , showcasing an increasing popularity across the broader crypto community. The FYBN Token aims to revolutionize real estate and gas station crypto payments. You can buy FYBNAPP tokens on Coinbase Wallet or Phantom Wallet. FYBN is a token built on the Solana blockchain. It caters primarily to gas station businesses, providing them with a more efficient, cost-effective, and globally accessible source of liquidity. These businesses can leverage FYBN for property acquisition and operational funding, thus accessing new ways to grow and prosper. A recent FYBN use case example is the first-ever gas station purchase using cryptocurrency. The $500,000 Atlanta transaction, which saved over $30,000 in commissions, settled instantly and without hefty fees. More importantly, it showed that such transactions can occur via blockchain technology, thus eliminating traditional banking delays. The FYBN Token comes with a comprehensive suite of utilities and benefits for real-world businesses. For example, using FYBN helps investors streamline gas station and real estate purchases. It also saves them costs by eliminating broker fees. Moreover, FYBN harnesses the power of the Solana blockchain and smart contracts to reduce the legal costs generally involved with such transactions. FYBN Token also ensures nearly instant transactions, with settlements occurring within minutes. Lastly, gas stations using FYBN can reduce credit card fees and attract tech-savvy customers. All these benefits help reshape gas stations' financial landscape, enabling them to thrive in an increasingly competitive environment. With the acceptance of the FYBN token in the gas station and Cstore community the price is expected to rise and technical indicators suggest that price would cross $1 by end of this year. That would make About FYBN Token FYBN is a rapidly developing enterprise, with over $817 million in executed deals and 300+ gas stations sold in the last 6 years. The project aims to redefine business operations by merging blockchain innovations with real-world applications. Behind the FYBN token is an expert team with diverse backgrounds in technology, finance, and social impact. Its goal is to push the boundaries in business and transform the world with the power of blockchain. Besides helping gas station businesses reinvent themselves, FYBN empowers charitable donations with traceable transactions. This way, it gives back by making philanthropy transparent and efficient. You can learn more about FYBN Token at these links: Website | (X) Twitter | Telegram | LinkedIn | Coinbase You can email FYBN at support@fybn.app or call them at +1 (408) 856-5031.
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