Kriptoks

LCX, or Liechtenstein Cryptoassets Exchange, is a regulated blockchain ecosystem that offers a secure and technology-driven environment for trading cryptocurrencies. The platform primarily focuses on the tokenization of assets and advanced trading tools while developing a blockchain infrastructure to bridge the traditional monetary system and the fast-moving trusted technology landscape.

LCX offers blockchain-related services, advanced trading software, and a cryptocurrency exchange. They have introduced a comprehensive crypto compliance suite that facilitates quick and automated investor onboarding for private and public sales. The suite includes KYC (know-your-customer), AML (anti-money-laundering), and blockchain analytics (KYT) processes. LCX is investing in building AML and KYC technology solutions at the institutional and consumer level, including on-chain analytics and surveillance for all crypto deposits and withdrawals.

LCX's focus is on facilitating both blockchain and traditional market participants to avail the opportunities arising from the growth of tokenized assets and cryptocurrencies. They aim to build a financial ecosystem for digital assets by offering the following products and services:

LCX Terminal: The terminal provides a digital desk for complete crypto asset trading across multiple platforms. Additionally, the terminal interfaces with cryptocurrency exchanges to unify the digital asset trading experience.

LCX Exchange: The LCX Exchange is a regulated trading venue offering a range of digital currencies and a marketplace for crypto asset and security token trading.

LCX Assets: The service offers asset management across the traditional currency and crypto assets alike and offers security token emissions.

LCX Vault: The vault offers custodian services of cryptocurrencies with multi-signature and programmable governance. Multi-signature arrangements (multi-sig) are a practice that requires different signatures or keys, rather than one signature, to authorize a transaction.

LCX Protocol: This is a decentralized protocol to standardize the way security tokens are issued and traded on blockchains. The LCX Protocol is also known as "The Liechtenstein Protocol."

LCX Bank: LCX aims to become a "blockchain bank" with a full bank license focusing on corporate banking.

The LCX Token (LCX) is the fuel and utility token of the LCX.com blockchain platform and LCX Cryptocurrency Exchange. It is an ERC20 token on Ethereum blockchain, which works as a long-term sustainable incentive mechanism to motivate various stakeholders to participate in the ecosystem. The token may be used to pay fees associated with the services offered by the platform.

Users can avail various benefits by purchasing the LCX Token:

LCX Exchange: At the exchange, users get a reduction of up to 50% on trading fees.

LCX DeFi Terminal: Users get full access, including usage of the platform’s second-layer DeFi protocol to enable limit orders on Uniswap.

LCX Terminal: As a token holder, the user becomes a pro user and can pay monthly fees of LCX Terminal with LCX Token.

LCX Vault: With the token, the user can pay fees for LCX Vault and the platform’s crypto custody solutions.

LCX Price Oracle: As a price service provider, LCX provides regulated reference price services for which the user pays the fees.

Token Sales: With the token, the user pays fees concerning token sales hosted or powered by the platform.

Moreover, the platform’s clients and companies will have the ability to pay fees for exchange membership, listings, or token sale fees with LCX tokens.

Monty C. M. Metzger, the CEO, founder, and executive chairman of LCX, conceptualized the idea of LCX on a napkin on November 27, 2017. The platform claims that the LCX idea was born out of the frustration of the lack of solutions for professional investors. Therefore, LCX AG was founded in 2018 with headquarters in Vaduz, Liechtenstein, and branches in Zug, Switzerland, and New Delhi, India. Since then, LCX has established itself as a trusted and regulated blockchain ecosystem that offers advanced trading tools, blockchain-related services, and cryptocurrency exchange. The platform is also developing a blockchain infrastructure that bridges the gap between the fast-moving trusted technology landscape and the traditional monetary system. LCX aims to facilitate both blockchain and traditional market participants to take advantage of the opportunities arising from the growth of tokenized assets and cryptocurrencies.

In conclusion, LCX is a fintech company that offers a secure and technology-driven environment to trade crypto assets. With its comprehensive crypto compliance suite, LCX ensures quick and automated investor onboarding for private and public sales. LCX is investing in building AML and KYC technology solutions at the institutional and consumer level, including on-chain analytics and surveillance for all crypto deposits and withdrawals. With its various products and services, LCX is building a financial ecosystem for digital assets, and its LCX Token serves as the fuel and utility token of the LCX.com blockchain platform and LCX Cryptocurrency Exchange. With its vision to become a blockchain bank with a full bank license focusing on corporate banking, LCX is paving the way for a more secure and decentralized future.