The Multi-exchange Terminal
The first thing you encounter at the LCX terminal is what I termed as a " friendly user interface." This is important for every trader. LCX, the Liechtenstein Crypto assets Exchange, in the Blockchain Industry is becoming one of the world's first licensed and supervised security token exchanges as a regulated marketplace for digital assets.
The Liechtenstein Crypto assets Exchange operates their own cryptocurrency (LCX) which has emerged and has a huge potential. This means That you have the opportunity to be rewarded with their native token. This is gives us an advantage to be part of the fastest emerging sectors with the new exchange and trading platform invented.
The LCX is a member of the World Economic Forum C4IR and had been named Blockchain Pioneer by the Blockchain Research Institute. LCX offers industry-leading crypto asset financial products and services and multi Exchanges all present in one terminal.
As a fintech company, LCX is focused on helping both traditional and blockchain market participants make the most out of opportunities arising from the growth of cryptocurrencies and tokenized assets.
This Innovative thinking applied by this trading and exchange platform, LCX, has totally geared it into building a financial ecosystem for crypto and fiat currency to become the new category leader in the blockchain industry. The reasons aforementioned is the reason why LCX is leading in this space.
How you can use the LCX terminal to earn more money? This is what you will find out below. Have a good read.
How do you make better trades or increase Your ROI? You can connect all the main exchanges or you have the opportunity to select and register with prefered exchanges on the platform. All that is required of you is to configure the exchanges, by providing your API keys. It is an easy way to get the right information and switch between exchanges and to earn more money based on their offers on your selected cryptos. Your total ROI can increase significantly. You can get advantages from spreads across all the exchanges. see below. As you can see, there are twelve(12) exchanges currently associated with the LCX terminal.
In comparison of LCX Terminal to it's competitors (Coinigy, Quadency, Casper Tech or others) : It is much better than the competition such as Coinigy, Quadency, Casper Tech amongst others. The simple reason, being that they have more features and a better design. Features consist of: placing orders, setting alerts, market watch and being informed by the reports. You can set up everything intuitively. Thus the functions at the LCX Terminal:
How to make trades? Making trades has never been so easy. All you have to do is to pick your desired currency pairs, set your desired trading amount. Decide whether you want to buy or sell your base cryptocurrency after you must have carried your technical and fundamental analysis on the pair. You can always set your stop loss orders(SL), take profit(TP) at the Stop Limit window and also execute Your Limit orders and Market orders as you desire. Also worthy of mention is the chart window which employs the sophistication has a wide variety of technical analysis tools of every standard. No need to go to Tradingview site for your technical analysis.
How to use the News desk? What more can be said about this, LCX is the total package, yes package. LCX is everything in one. The news window provides you with a source to your fundamental analysis of your cryptos. No need to stress yourself jumping to another terminal to know what is currently going on or what has occured in the world of cryptocurrency to help influence your trading decisions.It brings together the various information portals into one space and as such, it allows you to choose your favorite news sources in one place.
How to set up Alerts? setting up alerts with LCX is so much fun. It is intuitive. you virtually are limitless with the kinds of information you want for trades, from the prices of the trade, the percentage change in selected trades, the volume of the trade you want to monitor, your profit and loss alert can also be setup, market capitalization alert, so much versatility with the kind of information you want to monitor or be alerted on to make informed trading decisions. This cuts across the various cryptocurrencies and the multi-exchanges, at your fingertips. You can then view your alerts in the alert window and choose whatever parameter you want view from the window drop down box, such as price change or profit/loss for the various cryptocurrency pairs you set and across the exchanges you selected, to be alerted on. You can also choose how you want to receive these alerts; by Telegram, E-mail or web notifications, to always have you on top of your trades.
How to increase profits by trading across exchanges? This is as simple as looking at the various bid/ask quotes across a particular cryptocurrency pair of your twelve exchanges, then choosing the exchange which gives you a the tightest spread on this pair or you can also look out for which exchanges on LCX offers the lowest buy price or the highest sell price, depending on your the market direction or trend you determined. If you also practice arbitrage trading, then this would just make your day, all your exchanges at your finger tips in one terminal. You can use the markets window to assist you in analysis. These can go a long way in increasing your profit potential.
Benefits of using LCX Terminal? The benefits of using the LCX terminal cannot be overemphasized. A consolidation of tools and instruments brought to you in one place will definitely make you an efficient trader, which means you can see your profits grow. You become organized, more confident in trading your plans with the plethora of exchanges to enjoy . Also you have the benefit of trading tokens or cryptos not available on one but present in other exchanges, or pairs not available in one but present in another, that means that your crypto horizon is well expanded to give you ultimate versatility in the market and also an increased chance of a better return on investments (ROI).
I might say as a final thought, using the LCX trading terminal can improve your emotional health when trading.