GENERAL OVERVIEW
The invention of cryptocurrency will change the way the financial system works when mainstream adoption is widespread . Even with the present limitations posed by centralised authorities, it’s impact has been felt by mankind. Meanwhile, there are over 2000 different types of cryptocurrencies in the digital community . The present market capitalization of these cryptocurrencies is above 200 billion, with over 2000 coins and tokens as can be seen from https://coinmarketcap.com/all/views/all/ . In lieu of this, a trading network is designed to make it easier to trade various cryptocurrencies and FIAT . A superb trading platform set up by experts who have studied the current crypto exchanges and amended their lags has been created. The superb trading network is the LOCAL TRADE EXCHANGE.
Many existing cryptocurrency exchanges lag in the area of security, high transaction fees (trading and withdrawal fees), slow operation speed, inefficient support system, few listings due to high listing fees, regional restrictions, trading manipulations and many other shortcomings. The good news is that a new and revamped exchange system, Local Trade Exchange, has been enacted to curb the existing drawbacks posed by already existing exchanges with flaws, hence ameliorating the crypto trading experience. I remember being hacked early this year on an exchange, security should be priority and that’s what Local Trade Exchange upholds. They’ve got tight security measures to combat any form of DNS spoof, phishing or other attacks by hackers.
DESCRIPTION
This new system is establishing a perfect marketplace for the excellent trading of all the various coins and FIAT. Local Trade Exchange as a distinct trading network, will provide a perfectly secured marketplace that will encourage investors to move further in their trading activities. Its vision is to create a globally independent financial structure to support all kinds of financial transactions without any discrimination in the type of currencies used. It is known to provide a money merchant system that is quick in its operations and straightforward in its dealings. The primary goal of this system will be to represent a community where users can easily trade without any form of delay and difficulties in the transactions. It also seeks to make the services rendered be at a low cost unlike other exchange platform that charges high transaction cost for buying and selling other types of currencies. Meanwhile, all the flaws that are associated with the existing platforms will be trashed and kept at bay while using this network for trading. The services produced by Local Trade Exchange is going to be more advantageous than what was obtainable before now.
THE PROBLEMS WITH THE EARLY EXCHANGE SYSTEMS.
Transactions delay due to slow speed of operation is common with existing exchanges. Their methods of verifications also has been defective over the years. Sadly, some of these existing exchange platforms have been the cause of assets misplacements and hackers' attacks to many investors private information, thus making them powerless against threat.
THE SOLUTIONS PROVIDED BY LOCAL TRADE EXCHANGE
Now, the Local Trade Exchange gives a solution to the peer to peer market issues by establishing a connection between all sellers and buyers of cryptocurrency, thus allowing a smooth exchange. This network will therefore provide absolute liquidity in the currencies for all traders, and this will make all kinds of currencies easily convertible. It is pertinent to note the high level of security upheld by Local Trade Exchange. Also the local Trade token, LOT will be used for reduced transaction fees and payment of services when necessary. This will be a boost to the entire ecosystem.
What’s more?
Local Token Exchange will release Android and IOS apps, also desktop apps for ease of trading .
TOKEN INFORMATION AND DISTRIBUTION
DUE DILIGENCE RATINGS
This platform has superb ratings from experts . See preview below :
MEET THE EXPERIENCED AND DEVOTED TEAM BEHIND THIS PROJECT
ADVISORS
CONCLUSION
Local Trade Exchange is the next big thing in crypto space. Trading with swift operation, having in mind that your coins and tokens are highly secure is a mind-blowing experience to await. With the high profile team and advisors who are capable and will to take this project to greater heights, it’s already a success. I urge everyone to key into their vision, together we make it to the top.
USEFUL PROJECT LINKS
Webiste: https://www.localtrade.io/
Whitepaper: https://www.localtrade.io/whitepaper.pdf
Medium: https://medium.com/@realsatoshi1310
Twitter: https://twitter.com/localtradeio
Reddit : https://www.reddit.com/r/LocalTrade/
Facebook : https://m.facebook.com/LocalTrade-196306737884166/
Telegram : https://t.me/Local_Trade
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=4686281.new#new
Writer’s bitcointalk username : deodivine1
Writer’s bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292