ABOUT LONDON BLOCK EXCHANGE
The London Block Exchange (LBX) is a UK-based cryptocurrency exchange built to help consumers and institutions in London and across the United Kingdom to join the digital money revolution. The LBX is launching a Visa card, the Dragon card, that will allow users to spend their bitcoin savings. The card, designed to overcome a key drawback of bitcoin that it is not a widely accepted form of payment, will convert holdings in bitcoin and other cryptocurrencies to pounds and allow users to conduct day-to-day transactions as though with a credit/debit card.
When a user makes a transaction using the Dragon card, LBX pays the merchant in pounds and withdraws cryptocurrency from the user’s wallet and converts it into pounds. LBX charges a 0.5% fee for processing the payment. While there have been other companies to launch bitcoin cards, LBX is the first to introduce a card for all major cryptocurrencies. The exchange has been provisionally approved by the Financial Conduct Authority, the UK’s financial regulator.
LONDON BLOCK EXCHANGE OVER-THE-COUNTER (OTC) SERVICE OFFERS:
-Trading execution is more than £100,000.
-Trading in Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash & Ethereum Classic and many more.
-Cryptocurrency is paired with GBP and EUR.
-Special account manager.
-High customer service standards.
-Deep market knowledge and recognized daily market updates.
THE ADVANTAGES OF LONDON BLOCK EXCHANGE
-MAJOR COINS: The London Block Exchange LBX is going to offer trading in some of the largest cryptocurrencies and plans to be adding more.
-MOBILE APP: In addition to a web-based trading platform, The London Block Exchange LBX is going to be available only as a mobile application. Users would be able to trade in cryptos, have access to real-time market data, deposit and withdraw funds and manage their portfolio and balances in real-time.
-SERVICES FOR INSTITUTIONAL TRADERS/BROKERS: The London Block Exchange LBX will offer over-the-counter services for institutional traders and brokers. They would be able to trade cryptocurrencies under preferential conditions for high volume orders. LBX currently offers trading in Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple, paired with £, € and $. There is a requirement for a. minimum trade size of £25,000 per cryptocurrency.
-OFFERS EDUCATIONAL SERVICES: The London Block Exchange LBX has a “College of Crypto” is an educational section on the site that gives basic information about the important aspects of blockchain and cryptocurrencies, what they are, how they work and explains the basic terminology of the industry. There is also information about the largest cryptocurrencies, what is an ICO, etc., and regular market reports.
LONDON BLOCK EXCHANGE TOKEN SALES
Total Supply: 250,000,000 LBXu
Available for Presale: 100,000,000 LBXu
Presale Hard Cap: 100,000 ETH
Presale Price: 1 ETH = 1,000 LBXu
CONCLUSION
LBX has big plans and will most likely fling a Nice and convenient service. For now, however, we will have to wait and see what will come out of this. At this microscope stage, we mostly like the educational section and the plans to have a mobile trading application, even though the Mechanical man one is still in the whole caboodle. Another very convenient feature would be the option to seamlessly barter cryptocurrencies for GBP via the FPS payment method acting.
FOR MORE INFORMATION:
WEBSITE: https://lbx.com/
WHITEPAPER: https://hub.lbx.com/hubfs/token-sale/LBX_Whitepaper_v1.0.pdf
FACEBOOK: https://www.facebook.com/LondonBlockExchange
TWITTER: https://twitter.com/LBXSocial
TELEGRAM: https://t.me/lbxcommunity
REDDIT: https://www.reddit.com/r/LondonBlockExchange/
ANN THREAD: https://bitcointalk.org/index.php?topic=5052408
AURTHOR INFORMATION.
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ETH ADDRESS: 0x364CEC456C82f761ca69842a6D6cFEb9331cDb4F