Passionate cryptocurrency traders will welcome the advancement that is associated with LCS. There have been a lot of hypes about LCS and little information on some quarters. However, this article will give you the necessary information that you require to trade on this platform.
Business Aspect of LocalCoinSwap
Every trader on any trading cryptocurrency platform wants to make a profit even though the market may be volatile. LocalCoinSwap has a simple and straightforward process of sharing its 100% profits to the holders of its cryptoshares on a one-to-one procedure.
The platform makes use of a decentralized dividend process that is based on the blockchain system to distribute its profits. The sharing is done in a way that no trader is short-gained or cheated during the sharing of the profits acquired over a period. There are up to ten cryptocurrencies that are traded on LocalCoinSwap, and additional tokens are added over time.
The crowdsale funds have been utilized to help the platform with its currency trading and auditing. Shareholders of cryptoshares have access to free airdrops of tokens listed on LCS including some offers that can increase pre-ICO funding or support. One of the business aspects of LCS that has given the traders power is their ability to vote for or against any major decision.
The Cryptocurrency Community
The decentralized trading platforms have become one of the most popular cryptocurrency systems that traders have come to embrace. The market is still volatile, but there is an advancement in trading platforms like the LCS that has made traders trust cryptocurrency firms with their funds.
The decentralized LCS trading platform is better than the centralized system in its transparency and ability to make open its money flow and account balances.
Transparency in Trading
LocalCoinSwap is developed to give traders transparency during trading.
The peer-to-peer exchange platform offers an open source when it comes to accessing its income, revenue streams and wages to the public.
Decentralized P2P Exchange
The decentralized P2P trading platform of LCS allows traders to enjoy a 100% dividend profits and offers airdrops of tokens.
True Decentralized System
LCS is developed to be the world’s true and first decentralized trading system with its amazing features.
ID Verification
LocalCoinSwap is easy to be managed by traders who are not interested in making bogus identification process before they can log in. LCS only allows traders to use their email addresses without the stress of ID scans, bank information or KYC.
LocalCoinSwap Protocol
LocalCoinSwap’s protocol is patterned in such a way that the cryptoshares are evenly shared to traders without challenges. There is no need to waste a lot of time trying to decipher complicated technology during buying or selling of tokens. LCS is based on a simple to use but a secured platform to give traders an opportunity to trade smoothly without fear of being hacked.
At the end of every period, LCS makes open its financial statements with profits. The holders of cryptoshares can get their profits without spending endless time waiting for the company to buy. The dashboard on the LCS platform has detailed information on dates, amounts of money and the details associated with each distribution.
Actual problem solving is here
This distributed cryptographic exchange has a clear purpose to solve all problems associated with centralized and quasi - distributed exchange. Some of these problems are listed below.In most cases, centralized exchanges will limit the registration of new users. In addition, it may be necessary for the user to disclose truly intimate ID related information before the transaction.
Most centralized cryptographic exchanges follow ambiguous regulations based on the country of operation.
All existing distributed encryption exchanges are not comprehensive, but fragmented.
Decentralized transactions are particularly problematic for everyone who deals with less-known currencies or digital currencies.
Many exchanges forces users to exchange all unknown crypto coins for general encryption such as ETH and BTC. Then they can buy the cryptic infringement they need.
Also, at today's exchanges, users can not share profits.
Cryptoshare ICO
You can directly trade cryptocurrency using any of your favorite payment method. You can trade cryptocurrencies anytime anywhere. This is a community focused project with dedicated support team and backed by social media powerhouse. The entire project is community owner and profits go to users only.
Using voting system employing proof of stake system, this is as democratic as any blockchain project can get. With no lengthy signups or verification or geo restrictions, this is the most inclusive exchange ever. The project offers 100% transparency through public financial announcements and open source contract code.
It features long list of cryptocurrencies compared to other P2P exchanges. With 95% of funds in cold storage and mandating multi-signature transaction, Cryptoshare offers cutting edge security.
How LocalCoinSwap is different?
LocalCoinSwap sounds a lot like LocalBitcoins in name and in concept. Nevertheless, the latter isn’t P2P project like the former. LocalCoinSwap believes there is no place for monopoly in digital economy. Rather than cherry picking a group, the project empowers the entire community.
It doesn’t even know what your profile is, except your trade history and reputation. LocalCoinSwap makes regular public announcements of its revenue and expenses. The contract code used is open source and it is available for viewing in GitHub community.
Who developed LocalCoinSwap?
LocalCoinSwap was started by group of friends, who collectively have decades of experience in crypto space. The project was planned to create solution for their needs only. It was only after months into developing the concept, they want to make it a community owned project.
Then they decided it should be a secure P2P exchange which allows trade wide range of cryptocurrencies. The initial list of coins to be traded in the platform is Bitcoin, Ethereum, Bitcoin Cash, LiteCoin, Ripple, Stellar, Neo, Dash, Monero and Cardano.
Presale and ICO:
The presale starts on 15th of March. You can submit your email now to get latest notifications to your inbox. The ICO boasts a formidable bonus structure that proves irresistible. Bonus allocation during presale is 40%. You have upped your investment by 40% once the token gets listed on exchange.
During crowdsale the increments will be based on funding milestone limits. The bonus gets incremented stage by stage. The minimum contribution is 0.1 ETH for all stages of token sale. 100 million crypto shares will be issued. This is a limited supply. All unsold tokens are burnt after ICO period ends.
More ICO details
ticker: LCS.
Price: 1 LCS token = 0.0004 ETH (1 ETH = 2500 LCS token).
Maximum supply of LCS: 100 million tokens.
Pre-ICO / Presale / ICO: Available with 70,000,000 tokens.
Token freeze: 20 million.
Token burn: All sold.
Payment currency: BTC, ETH, BCH, XRP, USDT, USD, EUR, GBP, CAD, NZD, AUD etc
Soft cap: USD 500,000.
Complete hard cap: USD 20,000,000 (all remaining tokens are discarded)
LocalCoinSwap Team
This ecosystem is managed by lead security engineer, white hacker hacker, data analyst, full stack developer Aapeli Vuorinen. He has over 10 years of experience. Apart from him, the team includes other Fintech experts and block chain experts who are striving to make sure that decentralization remains at the heart of this cryptographic exchange.
Summary of LocalCoinSwap
This encryption ecosystem is set to revolutionize the construction and management of exchanges. It is very similar to innovative ICO projects such as ArmPack, THEKEY, TrustaBit, MedTokens, Play 2 Live. The ultimate goal of this exchange is not only to be centralized, but also to solve all problems confronted by decentralized exchanges today.
Team
Link:
Link to website: https://www.localcoinswap.com/
Reddit link: https://www.reddit.com/r/Localcoinswap/
Twitter Profile: https://twitter.com/Localcoinswap_
Facebook product page: https://www.facebook.com/localcoinswap/
Linkedin company link: https://www.linkedin.com/company/11448963/
Telegram or chat room link: https://t.me/localcoinswap
Profile: https://bitcointalk.org/index.php?action=profile;u=1636284