Current cryptocurrency exchange issues
Sometimes you need to change fiat currency to another fiat currency and the entire process is easy: you just need to find exchange with the best rate or with rate that is comfortable for you and change your money. It is very simple, because governments or any other controlling organization regulates all these exchanges. It means that you do not need to worry about safety of you funds: even when you use licensed online exchange, you may be sure that money will be transferred to your account in time.
In the same time, when you want to change cryptocurrency, you have to face a lot of issues, but LBX is here to solve them all. When you are reading the LBX white paper, you understand that LBX seems to be the only one, who is able all these issues, because they are only ones, who manage to make negotiations with reliable banks and financial institutions. It means that LBX is the only platform, which can open a reliable way to cryptocurrency world for any of you.
It is obvious that unregulated exchanges dominate the market right now, but it should be changed in the nearest future. When exchange is not regulated, there is nobody to control it. And when I speak about control, I do not speak about the control over money, I speak about control over quality and I am happy that representatives of LBX share my point of view.
What is needed to be done?
Sometimes users of such exchanges do not face any kind of issues, but sometimes they do. In such cases, you need to contact the support or any kind of representatives of unregulated exchange, you seem to face huge amount of issues. For example, you will probably wait for ages for somebody to answer your questions and solve your problems, because such exchanges do not like to spend a lot of money on support.
One more problem is the security. You should hear about the recent case, when 65 million worth tokens was just stolen from the exchange. As you might already guess, there is nobody to response for this, so people have just lost their money without any chance of getting any kind of refund. It is not the position you would like to see yourself in.
LBX is not just an idea, it is working project, which had offered a lot of cool features to its UK customers. For example, LBX make it possible to trade and withdraw cryptocurrencies via usual online banking. These operations are completely legal and LBX is going to expand the amount of users, which are able to get access to such wonderful tools.
Moreover, LBX is located in London, the center of financial world, so you should not worry about the authenticity of this platform. Most of unregulated exchanges buy licenses from small island countries and tell everybody that they are licensed, but the fact is that LBX is one of the few legal cryptocurrency exchanges.
🌐 website - https://lbx.com/
Ⓜ️ twitter - https://twitter.com/LBXSocial
🆔 facebook - https://www.facebook.com/LondonBlockExchange
📑 whitepaper - https://hub.lbx.com/hubfs/token-sale/LBX_Whitepaper_v1.0.pdf
✏️ Author: https://bitcointalk.org/index.php?action=profile;u=1351292
My ETH: 0x5Cd2bE47A0979abdd30835eF6c9d515aC2167b2B