Crypto currencies are changing the way money (fiat) works. We are experiencing a change in pattern or shift, where the power that was held by institutions is now in the hands of ordinary people; who maneuvered their ways on personal motives/interests. Trading today has a couple of complications and often time crypto users who can't secure their private keys keep tokens in various exchanges (which itself is no safe). I want to introduce us to a project (LBX: London Block Exchange) that aims its focus heavily on security, for every users of (LBX: London Block Exchange), which would enable crypto users to leave their crypto currency (token) on (LBX: London Block Exchange) platform an effective solution and the best safe.
In short words, London Block Exchange (LBX) is a UK-based company which allows you to buy bitcoin (BTC) and 11 other cryptocurrencies with GBP. I also understand LBX to be an avenue to swap fiats to cryptocurrency on the exchange platform. I advise all not to worry about the term "London"; the exchange would be for us all.
The advantages of London Block Exchange are as follows:
LBX offers easy access to the crypto currency markets for both curious traders (newbies) and the experienced one's as well. With bank-grade security, the use of deep cold storage and by providing an insured custodial service, London block exchange can offer institutional levels of safety and security for cryptocurrencies while still granting the platform users control over their holdings.
London Block Exchange aims to improve the lack of liquidity in the crypto currency market by attracting more users, employing market makers and pooling order books to improve every user experience on the platform. In addition to that advantage, LBX are offering more liquid trading pairs for a rapidly increasing number of cryptocurrencies. These listings will include pairs against fiat currency to help alleviate bitcoin’s dominance in the market.
Having clear knowledge that every exchanges platform needs to take long term responsibility and commit their time and resources to provide educational resources on their platforms; LBX is an exchange platform that is committed to educating newcomers and experienced traders about crypto currency and blockchain. Details can be found here: https://college.lbx.com
For me, the most important advantage i believe is the regulated security token advantage which is available on LBX, Because it will be suitable for small and medium-sized enterprises (SME's) to offer a service which performs everything regarding fundraising rounds, admissions and eventual trading on the LBX platform.
The LBX PAY is an advantage on its own because It helps customers to:
Convert their holdings easily between fiat and cryptocurrency.
Deposit fiat (local currency) funds manually or automatically, such as receipt of a monthly salary.
Make payments to third parties, such as merchants and utility providers on the platform.
Make purchases with a prepaid card that instantly converts crypto currency holdings to fiat.
London Block Exchange is revolutionizing with their office in London and more important they are spot on with their developments, the LBX APP is available for download on Apple Store and Google Playstore and also they have launched the trading platform for desktop view as well!; which is very massive for their product value. To further envisage on the advantages of lbx, it offers fee reductions for platform users when trading, when viewing or learning from the educational content on the platform and also while using the LBX Dragoncard and events menu.
For further information about lbx.com massive project and product they offer every interested individual, you can look up the links below:
Website: https://lbx.com
Whitepaper: https://hub.lbx.com/hubfs/token-sale/LBX_Whitepaper_v1.0.pdf
LBX Bitcointalk Ann: https://bitcointalk.org/index.php?topic=5052408.0
Author: OluwaTosin10
ETH: 0xc2CF5aD912855baeAA1f36fdF5002257063F46A6