The advent of cryptocurrencies through the Blockchain technology and the emergence of crypto trading, investment and banking platform; has birthed drastic changes in the financial world and e-commerce, and business at large. The decentralized nature of blockchain technology eliminates the hitches faced in the centralized businesses system. Research has shown that as the day progresses the number of cryptocurrency users and businesses keep increasing.
Despite the increment and financial fertility of cryptocurrencies business and trading; many cryptocurrencies owners, traders and investors finds it difficult to see a platform that is reliable, dependable coupled with extraordinary features where they can apply their trading and listing etc. Most exchange platforms are marked with delay, high cost of listing, high charges per transaction and limited tradable cryptocurrency assets. These great enemies of delay, high cost of listing, high charge on transactions and limited tradable crypto assets and much more reign is over because Lesfex platform have come to liberate these cryptocurrencies coin owners, traders and investors with their master class exchange platform.
What is Lesfex?
Lesfex is an already existing CryptoCurrency exchange designed to provide innovative but straightforward trading features to investors from all levels of experience. Lesfex is a platform that will expose CryptoCurrency, Crypto-trading and Blockchain assets to the general public via a well-designed user interface and easy-to-understand crypto-trading technology.
Lesfex Exchange Platform Goal
The goal of Lesfex is to build a trading platform that supports both new and well-established Cryptocurrencies; providing users with a growing selection of trading opportunities.
Lesfex Exchange platform Mission
The mission of Lesfex is to completely revolutionize the future of digital asset exchange trading and fusing Forex and Blockchain technologies to provide all with a better trading experience.
Features of Lesfex Exchange platform
Open and Transparent
Stability and Insurance
24 Hour Support:
Simple and secure authentication for KYC/AML compliance
Extremely scalable connectivity and trading engine
24/7 Platform trading
Multi-language support to attract global clientele
Trading of any digital asset
Lesfex Exchange platform Comparison table
The above future comparison table shows that Lesfex exchange platform is best of its kind. It surpass is counterparts in all ramification. Therefore, being on Lesfex is a must for all cryptocurrency traders, investors or coins owners.
Current Exchange Platform Problems and Lesfex Proposed Solution
Current Problems:
Poor Customer Support experience: Some exchange leave their customers stranded without attending to their problems for weeks and even months without any response
Market Manipulation: In recent times, Crypto trading has had its fair share of high-level investors who succeeded in manipulating the Crypto market for personal gain.
Security: the recent hack events and cyber intrusion cases have led to the loss of Cryptocurrencies worth several million in USD.
Lack of market information for research: Most exchanges do not provide its users with necessary information regarding its crypto-assets.
High Transaction fees: This is a major problem being faced by many traders as the cost of carrying out trades and several transactions are relatively high and at some point, users cannot trade in low volumes due to the cost of transaction.
High Cost of Coin-listing on exchanges: Most CryptoCurrency exchanges do not publicly advertise their listing fees but, it is believed that the cost of listing a coin on most popular and highly liquid exchanges runs in thousands of US dollars and in some cases millions.
Lesfex Platform Proposed Solutions to the Above Problems
24/7 Skilled Customer Support: Our highly skilled and trained customer service team will ensure that Live support is available 24/7 to assist users and answer any type of questions or solve any queries or issues they may have.
Limit Manipulation by scrutinizing coins before listing: We will limit the market manipulation of pump and dump schemes by properly scrutinizing coins that are interested in listing on our exchange to ensure they are not prime for such actions.
Security: Lesfex will implement security standards more developed than the standards set by traditional banking systems, stock markets and forex markets. All data will be encrypted with a regular change of keys, restriction of access to keys directly, storing every key on hardware security modules, application of the two
Factor Authentication (2FA), and, regular change of password. We will employ the cold wallet storage technology to ensure all virtual funds are appropriately secured.
Develop an inside information hub: We will develop an information hub within the LesFex exchange platform which will provide traders with the necessary tools and information to research coins, projects, whitepapers, and key team members before investing into any of these Altcoins.
Low transaction fees: Lesfex will bring down the cost of transactions and trading on the platform by introducing the LFX token. Users will be able to carry out transactions and low volume trades with the low fees being paid in the LFX token.
High Cost of Coin-listing on exchanges: To get a new coin listed, it needs to register an account on Lesfex. Following that, buy an amount of LFX Token to pay listing fee and, Lesfex will provide a listing request form. Once the form has been submitted, LFX would be charged from the balance.
Lesfex (LFX) Token
Lesfex (LFX) token is a token of the Lesfex Exchange platform developed to make it a project friendly exchange that aims to help existing CryptoCurrency projects and new upcoming projects.
TECHNOLOGY:
The technology base of LFX applying Smart Contract from Ethereum, the second largest CryptoCurrency in the world having its market capitalization close to Bitcoin’s market cap.
The algorithm LFX uses are ERC20 – (ERC20 is also the algorithm used by ETH, belongs to Bancor Network – the project holding the record of ICO selling with the price of over $152.3Millions). With the use of this algorithm, LFX has the strong point of being able to perform optimally with easy transactions, while also being affordable and anonymous. Moreover, LFX has a system of private wallet and can be directly applied on the Blockchain wallet from ETH.
LFX Token Technical Features
Token Name: Lesfex
Ticker: LFX
Algorithm: ERC20
Total token: Depends on Token Sale
Company Token: 30% from Sold token
Lesfex Token Sales Schedule
Lesfex Blue print
To Know more about Lesfex Platform, visit the following links:
Website: https://lesx.org/
White Paper: https://lesx.org/whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4941629.msg44531690#msg44531690
Facebook: https://www.facebook.com/LesfexExchange
Twitter: https://twitter.com/lesfex
Telegram: https://t.me/LesfexPlatform
Published By: Okorie Daniel nwokedi
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1994989
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https://lesx.org/whitepaper.pdf