THIS NEW P2P EXCHANGE WILL HAVE CENTRALIZED AND DECENTRALIZED FUNCTIONS.
Local token is building a unique type of peer to peer crypto currency exchange that they alleged to be a force in the crypto exchange space. This new exchange will have centralized and decentralize characteristics, they will be distributing 70% of exchange net profit to it users, it will also offer several cryptocurrencies for trade on its exchange and free airdrop gifts to it users. You surely want to know more and how this works..
P2P exchange is not new to people in the crypto space it is in fact one of the best type of exchange in the crypto space, p2p exchanges features fast and secure transactions, users sometimes get to contact their buyer/sellers directly. This type of exchange offer escrow, wallet and exchange services for it users. An example of a popular p2p exchange is Localbitcoins.
Unlike centralized exchanges users of P2p exchanges are limited to the types of cryptocurrency they can trade on the exchange, this limits the exchange users to the enormous profit they can make while they trade cryptocurrencies. This one of the problems Local token exchange will resolve.
HOW P2P EXCHANGES WORKS
P2p exchanges unlike centralized exchanges match crypto sellers and buyers, basically on a p2p exchange buyers and sellers can trade directly, users can set their own price and buy or sell for fiat. The exchange only acts as an escrow and also offer wallet services. The buyer receives his/her crypto asset to the exchange wallet after seller confirms payment. This transaction is most of fast and it also creates room for some new connections just like a social media site.
It’s no doubt that decentralised exchanges are gradually taking over the exchange space but most of them are no match for some of this centralized exchanges. Exchangers in the crypto space are currently more than 200, to compete in this space the Localtoken exchange platform will future centralized and decentralized functions.
LOCALTOKEN EXCHANGE PLATFORM
The LocalToken Exchange will function as a centralized and decentralized exchange to bit it competitors in the space, the platform will feature easy sign-in users of this platform won’t have to go through stressful verification before they sign in, users will have several trade options, users will be able to buy and sell crypto currencies in a decentralized peer to peer manner, users can explore the platform find variety of crypto currencies and they get to choose the best offer.
THE PLATFORM ADVANTAGES AND OPPORTUNISTS
Decentralize Exchange: it is the new thing in the crypto space right now as traders or users of decentralized exchanges tend to have control over their funds which protect them from fraud and hacks. Unlike centralized exchanges a total decentralized exchange let users have control over their private key.
Dividends: Holders of the default token (LTE) will receive dividends from the LocalToken Exchange. Every 6 months 70% of profits will be distributed to all LTE holders at equal weight.
For example, if you hold 1% of supply you will receive 0.7%.
Free Gifts: Many exchanges as at today gift their users free airdroped tokens as rewards of been a participant on their platform others will require you hold some certain amount of crypto in their exchange wallet to receive the free gifts. LocalToken Exchange will gift is users free airdrop tokens.
The Platform will be trading these crypto currencies at launch.
- Bitcoins (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
THE TOKEN INFO
A public pre-sale will be between July 30, 2018 and August 30,2018
Maximum funding cap of €3,000,000
Maximum tokens: 14,650,000
To buy tokens and for more information visit https://localtoken.exchange
ICO: Stage 1: 10% discount: August 31 to September 5, 2018;
Stage 2 no discount: September 6, 2018 to 10, 2018"
LocalToken Exchange: https://localtoken.exchange/
LocalToken Whitepaper: https://localtoken.exchange/LTE-white-paper.pdf
AUTHOR Bountyhive Username: timt360