No doubt, the revolution of finance (the blockchain technology) is here to stay. It is important to differentiate between blockchain and cryptocurrencies. The blockchain is referred to as the public distributed ledger or accounting book of unlimited capacity for recording all types of crypto transactions in a way that it is transparent and immutable.
The blockchain isn’t complete with cryptocurrencies which are virtual assets that are based on cryptography as a security measure. Cryptos is used in peer-to-peer transactions because of the following characteristics such as transparency, decentralized nature, and privacy of the users involved.
The wide adoption of cryptocurrencies on a global scale is driven by the peer-to-peer nature of its transactions with less fee involved. Also, the process of having a wallet is too simple unlike the tough process of having a bank account. The market capitalization of all cryptocurrencies is about 217 billion US dollars spread over 2000 coins and tokens. Despite the huge money in the crypto world, only a few websites accept crypto as the mode of payment. Therefore, there is a need to convert digital assets, in the form of money, into fiat currencies which can be used for everyday living. And the best place to do this is an Exchange website.
Crypto Exchanges are website platforms or web applications in which you can buy and sell cryptocurrencies using fiat currencies by applying trading techniques.
Unfortunately, getting a good exchange where you can buy any cryptography with paper money is difficult.
Cryptocurrency trading websites tend to work differently. They accept different payment methods and some serve specific geographical areas. Some are centralized which operates similar to banks but are less functional, unlike the counterpart which is the decentralized exchange houses (DEX) which operate without intermediaries.
Although, there are many exchanges website operating in different capacities. Lesfex.org being a new platform for crypto trading is re-inventing the old model of the crypto exchanges. LESFEX is a cryptocurrency exchange website like any other but with the singular difference of providing innovative but straightforward trading features to crypto traders at all level of experience which includes amateurs and experts. The main aim of the LESFEX platform is a trading website that accepts a wide range of cryptocurrencies on one hand and also provides traders with the ample opportunities needed for success.
The features that made the Lesfex.org different include the state-of-the-art trading equipment for the efficiency of the trading process, transparent process in each and every crypto dealings, 24/7 customer support and a cold wallet for storage of digital assets to prevent loss of funds through hacking.
Token Details
- Token Name: Lesfex
- Code: LFX
- Algorithm: ERC20
- The IKO program is divided into 2 levels, as shown below;
- Phase 1 - Presale (September 30 - October 27)
- Phase 2 - Public Crowdsale (November 3 - November)
- September - October 6 0.03 USD
- October - October 13 0.04 USD
- October - October 20 0.05 USD
- October - October 27 0.06 USD
- November - November 9th 0.07 USD
- November - November 16 0.08 USD
- November - November 23 0.09 USD
- November - 30. November 0.1 USD
Estimated Use of Fund
30% Operation 25% Marketing 20% Development 10% Liquidity 10% Reserve 5% Legal
The Lesfex.org is both a crypto trading platform and also an ICO project at the same time utilizing the LESFEX tokens (LFX) for these processes. LFX is an ERC-20 utility token can both be traded and also used as means of transactions on the platform. Aside from the exchange system are services such as LESFEX Ads (the advertisement areas for business owners); a voting system (which would allow the LESFEX community to decide on listing a particular coin on the exchange); and an E-commerce area.
The Lesfex.org token (LFX) is bound to increase in value as the project is known in about 195 locations across 5 different continents. Aside from the global projection by the LESFEX team, the trading of the token, burning of the token and as a means of payment on the platform would definitely increase the worth.
The Lesfex.org project is awesome, but join the ICO process based on your discretion and consult with financial experts as this article is not giving expert advice.
ROADMAP
2017
Q1: Exchange designed, development research
Q2: Recruited team, Platform architecture completed, Start development platform
2018
Q1: Team extension
Platform architecture arranged
Start development platform
Q2: market research
Marketing strategy developed
Lesfex security audit by Cospect
Crowdfund platform development
Q3 - Q4: Start token sale
Token sale ends
Create a read-token token
trade promotion
dealer program
E-commerce development
2019
Q1: Beta version of the e-commerce platform
Lesfex Android application
Features Provision
New roadmap
For more information, see below:
Website: https://lesx.org/
Whitepage: https://lesx.org/whitepaper.pdf
Facebook: https://www.facebook.com/LesfexExchange
Twitter: https://twitter.com/lesfex
Telegram: https://t.me/LesfexPlatform
Author: Hoangbinmcc
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1330327
