Is Limitlex the next Binance?

Can the Limitlex token (LMX) repeat the success of the Binance coin (BNB)?

Limitlex is an upcoming cryptocurrency exchange that will disrupt the ways of trading crypto-assets by introducing more automated and intelligent trading at the next level. Limitlex will also put in more efforts to attract institutional traders, directly as well as via its white-label partnership program. As a matter of fact, the Limitlex team is already discussing possible cooperation with some of the larger players in the traditional financial sector.

Considering the project and efforts of the team behind it, several experts among professional traders believe Limitlex can fast become one of the leading cryptocurrency trading platforms.

An important thing to note is that, unlike the Binance coin (BNB), the Limitlex token (LMX) can be used also for paying B2B (white-label and merchants) fees as well as a priority currency for retail payments — thus increasing its use-value significantly.

To summarise, the LMX token will be used for the following:

• paying transaction fees at up to 55% discount;
• paying withdrawal fees;
• paying B2B fees (listing fees, white-label fees, merchant fees) at discount;
• paying out referral/affiliate commissions, community rewards, and copy-trading commissions;
• as one of the base currencies for forming trading pairs;
• as a priority currency for retail payments (via the Limitlex payment gateway).

The above, coupled with the fact that the total supply of tokens is strictly limited (which induces the element of scarcity), suggests the LMX token has an enormous potential and will be in great demand by professional and high-volume traders, B2B partners, and crypto community at large.

Any unsold LMX tokens will be burned after the ICO (thus increasing the scarcity). Moreover, the team’s tokens will be burned in the same proportion as the unsold tokens in order to keep the token allocation ratio unchanged.

LMX tokens will be offered to public in an Initial Coin Offering (ICO). Early backers can already participate in a “private pre-ICO” round and get rewarded with a bonus of additional LMX tokens of up to 50%! You can apply for whitelisting here: limitlex.io

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