LCCX aim to become the most trusted crypto currency exchange in the world.
Based in the UK, it will be fully regulated by the FCA and clients funds will be kept secure using cold storage vaults and also be insured against hacks.
LCCX will also provide a new industry standard of customer experience with 200+ coins to trade against both popular crypto and popular fiat currency. LCCX will also feature 24/7 live chat support .
LCCX will charge low fees for traders and businesses listing their coins. All fees will be paid using a new token we are creating, The London Exchange Token or LXT for short.
There will be 100 million LXT created and we are selling 60% of them through our Initial Coin Offering (ICO).
As the exchange grows more and more users will require these tokens and we will also be using up to 25% of our profits to buy back and destroy 50m of them making the circulating supply decrease.
We aim for LCCX to launch in the third quarter of this year and will be starting marketing in the second quarter. By mid 2019 our goal is to establish LCCX as the worlds most trusted crypto exchange and also one of the most used (based on daily volume).
ICO Advisor, Fintech Expert, Author, VC, PE, M&A and Fundraising Rated on Mar 16, 2018
5
5
5
14%
Great team and product. We need for more regulated exchanges liked LCCX, based in London. Existing exchanges are too slow to process transactions and clear payments.
IP Blockchain inventor | Serial ICT inventor | Angel Investor | Quant | Educator | Meditator Rated on Jun 25, 2018 Modified on Jun 25, 2018
1
1
1
14%
First review on May 7 2018:
C1. LCCX Telegram group was initated on 24 Feb 2018 and as of 7 May 2018, has 1,539 members: https://t.me/lccxico
C2. Very indepth due diligence done by ICC reviewers yielded multiple red flags which I would like to invite the team to review and response to here - item by item, pls.
C3. The same group also highlighted this page: https://hubpages.com/business/Rob-Benwell and confirmed that it is the same person as LCCX CEO - would like to invite Rob to explain himself here or to email me.
C4. I may revise my ratings after receiving the answers to my above issues.
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Updated review on 25 Jun 2018:
C5. A bird just updated me regarding a law suit involving this ICO, ie.
IP-2018-000080, London Cryptocurrencies Exchange Ltd. and another v LCCX Ltd. in the Intellectual Property and Enterprise Court of the High Court of Justice of England and Wales.
C6. The no. of Telegram users has shrunk a bit to 1523, https://t.me/lccxico
C7. More than 1.5 months have past but zero response from the team and I am left with no choice but to downgrade this ICO rating from 1 3 1 to 1 1 1.
C8. I may still revise my ratings after receiving the answers to the issues highlighted in the above.
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