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Loandex (LDX) ICO Review – ICO Token News

Overview

Loandex is a kind of exchange that facilitates trades and commission free while resolving problems of existing cryptocurrency exchanges. The feature of ZERO fees for trading on Loandex (LDX) maximizes the profit of traders and increases market liquidity. It is capable of processing orders at faster rates reaching more than a million every second providing true platform for “real-time” and efficient trading thus designating it as world’s first exchange for cryptocurrency capable of facilitating trading in highfrequency will not be wrong. Loandex runs on the network called Ethereum’s blockchain. This blockchain network has many features similar to that available in Bitcoin. However, a major difference is that Ethereum uses blockchain like shared space mainly for other apps that are decentralized and for smart contracts., making them compatible very easily through its system. Thus, Loandex is able to provide support for a wide group of cryptocurrencies. Loandex is a new generation decentralized exchange for trading cryptocurrencies, We understand the privacy concern of our users and that’s why we have decided to maintain a KYC free platform.

Decentralized Trading in Loandex Exchange

Governance is usually carried off from the decentralized entities, in the case of the Ethereum led Blockchain. The protocol, as we read above, tells us that there’s no compulsion what so ever for the parties to put trust on to each other. The token’s main function can be thought of as analogs to the fuel of the network. Hence, it rules out any probable speculations. Even though the success of the firm is not guaranteed, but adoption of these possible solutions can prove advantageous. The usage of cryptocurrencies anyway rules out the disadvantages or problems that have been mentioned above. Also, the users who intend on having bases at the cryptocurrencies and the technology should have enough and detailed knowledge about the technology, only then the person will be able to measure success and be comfortable in applying the same knowledge on to the business. Ethereum and Loandex promise free-trading and free of all the bugs. In any way, it assures that one gets through the order book and the trading pairs after completing account registration and normal verifications. The ICO countdown has already begun for this token.

Security Measurements in Loandex

The cryptocurrency is now on the lead and since it provides liquidity of all your funds, people are opting more of this trading option even though the security isn’t a 100 to begin with. People are always looking for guides to protect their cryptocurrency exchange accounts. While on the Loandex exchange, we are committed to secure user accounts. Make sure you check it properly. Domain of the Loandex is secured by SSL security. Make sure to check Loandex website URL begins with the format of ‘https://’. HTTPS is a secured edition of HTTP method which stops catching and modifying information that you’re delivering to the server. To use SSL, we suggest using an expansion for your web browser like “HTTPS Everywhere”. There will be a number of phishing sites that’ll allow you to have access to your accounts, but atlast hey are fraud ones! They’ll hack in to your account and steal all the data that’s there and get away with your cryptocurrency. So, make sure you are logged in at correct site.

Two Factor Authentication

The most common way to add extra protection to your account is allowing Two Factor Verification (2FA) where you simply get a non-reusable OTP or a verification pin for certain objective. Based on the feedback you’re using the choices different from e-mail, SMS or other app producing exclusive requirements that are being used during certain actions. It’s up to you whom one you will choose, but we suggests you to use Google Authenticator app which produces disposable OTP for every 30 seconds. If you decide to enable Google Authentication code on your exchange account, you will receive a unique QR code that you need to scan with your smart phone app or a web browser expansion like “Authenticator” for Chrome, Firefox or any other browser that you use.

Manage Your Account Login History

It’s extremely advised and a recommendation that during your single login period your account must be instantly signed out when you won’t execute any activities after the certain time frame in Loandex exchange. You can turn on that option from your account security settings. Such an advanced automatic options enables turns on one secure step for your account. Even, there will be an option to revoke accesses to the browsers or computers where are logged in.

Token

Loandex Token or the LDX happens to be the key element of the Loandex trading exchange system. The payments of the project services would be made only in LDX, because of the fact that LDX is the internal currency of the project by Loandex. LDX will be issued on the Ethereum platform. The number of LDX is hard-capped at 1 billion tokens in total. $0.02 happens to be the price of the token. If the users have any premiums, the tokens would be distributed to them accordingly. The price of the token is fixed exactly an hour before preICO/ICO.

Team

  • Yasir
    Yasir
    Yasir
    CEO (Security Analyst & Web Developer with several years of experience in Cryptocurrency)
  • Mayur
    Mayur
    Mayur
    Blockchain, Backend and Exchange Developer
  • Ivan
    Ivan
    Ivan
    Marketing Adviser (CMO / CO-Founder of BoomICO)
  • Reymond
    Reymond
    Reymond
    Marketing and Social Media Manager
  • William
    William
    William
    Blockchain enthusiast and seasoned executive, innovative thinker with proven ability to quickly analyze key business drivers and define strategies to grow the bottom line.(advisor)
  • Jonathan
    Jonathan
    Jonathan
    Founder and Chief Executive Officer at Blockvisory, a consultancy firm specializing in helping clients understand Blockchain and its potential opportunities. (advisor)
  • Fox
    Fox
    Fox
    Community Manager
  • Junaid
    Junaid
    Junaid
    Senior Web Researcher And Expert Data Analyst (advisor).
  • Amir
    Amir
    Amir
    Web Developer and Graphics Designer at Loandex

Milestones

  • 1
    Q1 2018
    Loandex preparation and Planning
  • 2
    Q2 2018
    Pre ICO start: 7th May 2018
    Pre ICO end: 28th May 2018
    Loandex ICO start: 4th June 2018
  • 3
    Q3 2018
    Loandex ICO end: 4th July 2018
    Loandex Listed on Exchanges
    Loandex Development Continues
    Launching of Loandex Web Version(beta)
  • 4
    Q4 2018
    Launching of Loandex Web Version
  • 5
    Q3 2019
    Completion of Loandex Desktop Version
    Launching of Loandex Desktop Version
  • 6
    Q1 2019
    Completion of Margin Trading Features
    Launching of Margin Trading
  • 7
    Q2 2019
    Loandex Desktop Development start

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