Lykke - semi-decentralized exchange with 0% fees

Hello,

so I'm planning on writing about several topic and cryptocurrency is one of them. As I am big fan I would like to share my experiences, opinions, tips and all I find useful, so I hope you will find it useful too. Here we go..

Lykke

What is it? As I've stated in the headline it's a semi-decentralized exchange with 0% fees. Based in Switzerland and developed by top notch developers, they aim to seamlessly merge current existing financial system with the cryptoworld, best case scenario become full-on FOREX/Crypto-exchange united marketplace. Their website over here: https://www.lykke.com/.

Currently it's only available as a phone app and not sure if they plan on changing that in future, their main focus now is mobile trading. The app has very nice UI and it's easy to use. To login, you have to sign up with some email of yours and you can set up a 4 digit pin code to protect your wallet apart from the login password. You can deposit various FIAT currencies (EUR, GBP, USD, CHF) or cryptocurrencies such (BTC, ETH, SLR -SolarCoin, TREE - WorldView, TIME -Chronobank) and of course their LKK coin. Haven't had any issues with it so far.

They have gone a long way and have a steady continual progress, they are way more focused on building their product rather than marketing and creating hype around it, which seems to be more and more a rare thing these days in the cryptoworld and definitely gives it credibility. I really like their focus on details and seem to be thinking about everything, focusing on legal parts, find inovative solutions for AML/KYC issues and maily just doing their best to release tested quality stuff and it's easy to see, they are a truly professional team with focus on the best possible product/service. There aren't any MVPs/"don't matter how, just release it"/profit oriented type of updates.

If you want to know more, you can read the annual report over here: https://www.lykke.com/Annual_Report_2016.pdf?utm_source=LKK+coinholders+26+June+2017&utm_campaign=e90e505958-Lykke_Times_216_9_2017&utm_medium=email&utm_term=0_acf65d2469-e90e505958-110427309
A nice summary of what they have done so far and what are they aiming to achieve.

Lykke news: https://www.lykke.com/company/news

Disclosure: I am in no way related to Lykke corp. I own a negligible amount of LYKK I've bought for testing out the app.

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