LOC Token to be Listed on Bitcoin.com Exchange Tomorrow!

We are happy to announce that the LOC token will be listed on the Bitcoin.com Exchange tomorrow April 16, at 10:00 am UTC.

LOC will be listed against USDT as its sole trading pair. This further reinforces our liquidity strategy announced earlier and aims to reduce dependency on the overall market volatility, as well as to consolidate activity on few quality pairs.

In addition to this, we have also requested the LOC/BTC trading pair to be taken down from the HitBTC exchange (while keeping the LOC/USDT pair on HitBTC).

The combination of these two events will result in 100% of LOC trading to happen against USDT — which is the most liquid and popular base currency across various crypto exchanges.

Bitcoin.com is a relatively new exchange, which was launched in late 2019. In its short history, it has quickly grown to processing more than $4 Billion in trading volume per day. Aside from its growing user base, it also comes with the benefit of having a shared order book with HitBTC.

This strengthens the synergies for LOC and effectively combines organic and inorganic liquidity in a single environment. LOC is therefore following the model that was verified by the HYDRA listing earlier this year.

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LockTrip is a blockchain-based travel marketplace that allows users to save up to 60% on their bookings by cutting out middlemen. Every booking burns LOC proportionally to its booking value, continuously reducing its total supply.