Local Coin Swap

in lcs •  6 years ago 

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Welcome my dear friends. Today is a day off, which means I have prepared a lot of interesting projects for you.the first time the mention of blockchain technology happened in 2009. At first, it was recognized gold, which was used only by a few. This was facilitated by the technical complexity of the execution, the slowness of operations and other reasons. But in the field of information technology, the development of ideas is taking place at a staggering speed. Of course is true of bitcoin. In a few years, a little-known idea has become the main opponent not only of the financial sector, but also of the entire system of organization of large applications that existed up to this point. And since then, when in this environment began to the issues big money, began real boom. Projects based on the cryptographic novelty began to appear more and more often. Over time, issues have been resolved regarding the speed of the technology, its more comfortable use by ordinary users, ensuring higher security, but still there is an unrealized gap in all these components, which can be filled with a number of innovations. This is what Local Coin Swap does.

What is this project
Local Coin Swap is a platform for trading crypto resources. The developers from the launch took a course to meet its users and listen carefully to the feedback from them. This has led to the emergence of all the concepts on which the platform is built. The "whales" on which it stands are: a high level of usability, fast transaction transfers, increased security. Do not think that this is a complete list of advantages, but it is these factors that pay close attention to all potential users and if they are not satisfied with any of them, then most likely they will leave this project without attention.

If you pay attention to the other advantages, one of the first is to mention the absence of third-party transactions without intermediaries allows you to achieve the highest level of profitability, and a decentralized structure ensures the impossibility of stealing data from servers.
How it works
Do not mistakenly believe that LocalCoinSwap is the first of its kind. Before him, there were many projects that want to fully conquer this niche. But its key advantage for customers is the absence of costs for brokers, the widest choice of currencies than its predecessors could not boast. It is also worth considering that the project has all the chances to occupy a monopoly position in the market, and in addition to that, according to the white list on the official website, that the project tokens are also its shares. It is not difficult to understand what benefits will receive their holder. Among other things, they will also have the right to participate in the development of the company with their voice.

It is not difficult to list all the stages of user interaction with the site to demonstrate the ease of use:

  • To enter the personal account, you need to pass a simple registration, which does not require a lot of time and will not need to undergo additional procedures;

  • To make a choice is somewhat more difficult. But this is not due to errors in the implementation of user interfaces, and from a wide selection of all possible options, so that customers can find the best deal for themselves;

  • To participate in the trade, you need to choose the desired method of payment and you can already start trading;

  • Local Coin Swap documentation clearly States that It is a guarantor and strictly respects the rights of its users. Therefore, you should not worry about possible fraud by other persons and other threats to the security of transactions;

  • After the payment enters the system, the buyer is charged an equivalent amount of cryptocurrency, after which the transaction ends.

What problems are aimed at solving
If we make a short list of problems present in the previous centralized and decentralized exchanges, which the platform seeks to solve in the course of its activities, we will get the following list:

  • Artificial limit registrations of new users, or force the procedure of the verification procedures in the full format, in case the customer wants to perform trading operations without any restrictions;

  • Depending on the geographical location in which the exchange was registered, the rules of conduct may vary greatly;

  • All exchanges executed in the decentralized structure were not fully Autonomous;

  • Exchanges with a decentralized organization were not easy to use for people who trade unfamiliar types of currencies;

  • All exchanges implemented to date have not shared their profits with their users.

The platform's activities will be aimed at solving these and many other problems in this area.
Terms ICO
To find a solid Foundation under your feet, all blockchain projects need to have a stable token, and then successfully pass the ICO. In Local Coin Swap, the token is called LCS. In total, 100 million will be issued, and 70 percent will be allocated for sale. The price for one token is set at 0.4 USD. The entire course of the ICO will be divided into two stages: pre-sale and the main stage.

The minimum amount of funds raised, which expects the team of developers is 500 thousand dollars. As for the maximum possible amount, it is equal to 20 million dollars.

Team
H photo below you can find members of the project team Local Coin Swap. It includes security engineers, marketing specialists, blockchain developers and programmers of different directions. For more information about each member of the project, please follow the link to the website.

Conclusion
I believe that the project is quite promising, as the cryptocurrency today is of increasing interest to all people and many beginners are already trying to trade on various exchanges, so the platform will certainly be able to find its target client.

Detailed information about the project:

Website: http://www.localcoinswap.com/
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf
Facebook: https://www.facebook.com/localcoinswap/
Twitter: https://twitter.com/localcoinswap_?lang=en/
Telegram: http://t.me/localcoinswap/
Bitcointalk: https://bitcointalk.org/index.php?topic=3009721.0

Author: https://bitcointalk.org/index.php?action=profile;u=1725951

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