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iigorshurygin
6 лет назад

3,000,000$ per day

Hello friends, in this article we'll discuss for a while about money. What did you dream about as a child? What kind of business did you thought to open and how much money would it bring? Most businesses do not get high income. And do you know how much the cryptocurrency exchange earns? 3,000,000 $ per day! Just imagine, the exchange connects supply and demand and receives such money for its meager percentage. On average, they have a percentage of 0.2%, it is not difficult to calculate what volumes of trades are needed for the desired income.

And so friends, to what I started this conversation, now you have the opportunity to become a co-owner of such a business, that is, buy a piece of the crypto exchange.
Скриншот 2018-03-28 18_19_24.png
LocalCoinSwap is a cryptocash, decentralized, cryptocurrency exchange.

Let's consider what will happen in this exchange that will interest the users. First I will describe the problem, and then the solution that will be implemented in LocalCoinSwap.

If you understand the cryptocurrency, then you need to understand the principles of its work and the main advantages in front of the fiat money. The first and main advantage in my opinion is decentralization, which protects the cryptocurrency from various speculations and pressure. So why then do they trade decentralized cryptocurrencies on centralized exchanges? This is the exact opposite. Especially in this case, the exchange serves as a purse and our money is under its protection. At the stock exchanges there are often hacking attacks, which in rare cases are successful, unfortunately.

The LocalCoinSwap exchange will be decentralized. That is, we will keep our coins in our purses. What provides direct transactions from the seller to the buyer.
Скриншот 2018-03-28 18_19_38.png
The second problem of cryptoinvestors is the set of exchanges. Unfortunately, only certain coins are on the exchanges. There is no such thing that we can find all the coins on the stock exchange. The exchange places coins not for free, so the cryptocurrencies with a small capitalization are unlikely to fall on large stock exchanges. Because of this, we have to register on a variety of exchanges, record a bunch of passwords, store this information.

At LocalCoinSwap, we can buy any coins. Coins will be offered by users themselves.

The third pain is the conversion of currencies. Mostly only a few currency pairs are used. In general, the cryptocurrency is traded to Bitcoin and Ether. But on convertions, we also lose interest. Suppose we need to buy Monero, and now we have NEM. First, we'll exchange NEM for bitcoin, and then we'll exchange Bitcoin for Monero. That is, we will pay the commission doubly. This is beneficial for the exchange, but not for us. The big plus is that we can buy cryptocurrency for fiat money and back. That is, we won't need to look for exchangers. We can find all offers on the stock exchange.

On the LocalCoinSwap exchange, currency pairs will be put up by the users themselves, for example, when I need to exchange Monero for NEM, then I just

issue such an order. When there is supply there is demand. In the same way, we will be able to change any cryptocurrency, we will create currency pairs ourselves.

Also the pain is verification. In search of various coins, we have to register a lot of exchanges and conduct the verification. In most cases, this takes time. But time in this market is very valuable, since volatility is very high.

On the LocalCoinSwap, there will be no credibility, simply by registering we will be able to perform transactions.

Have you heard about airdrops? This is when the creators of the company give away coins for free, in order to gain the target audience. Hunters for airdrops are forced to make hundreds of registrations in different companies to get freebies.

It will be done automatically on the LocalCoinSwap exchange, that is, the exchange will support this ICO, it won't be a platform for ICO, but simply support it, and we will be given freebee tokens of various projects.

In addition, it is not just a decentralized exchange, but decentralized one even in terms of profit distribution. That is, this exchange does not have profit distribution on the stock exchange itself, the owners of LCS tokens receive all the profits. I'll tell you about the tokens at the end of the article.

Among other things, I want to note the project team:
Скриншот 2018-03-28 18_20_10.png
This is quite a strong team, they have the appropriate experience, they are maximally open and transparent. They are in Hong Kong.

By the way, the project has very good results from the trackers.
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Information about the tokens:

TOKEN CODE

LCS PRICE FOR LCS 0.0004 Ethereum (ETH) (1 ETH = 2,500 LCS)

MAXIMUM TOTAL LCS VOLUME 100,000,000

The distribution of tokens should pass through:

As we can see, the development team left not so many tokens, only 10%.

DQmWZTAjuj1JomjAT1DJ4cFwpaeiT8utkTQKWKPNZA6Xq9h_1680x8400.png
Скриншот 2018-03-28 18_20_41.png
The money that will be collected in ICO will be distributed in a following way:

20% THE PLATFORM DEVELOPMENT

30% SECURITY

15% BUSINESS DEVELOPMENT AND MARKETING

30% ADDITION TO THE COIN

5% ADMINISTRATION

And so sum up the results: by collecting all the facts, by filtering them, I believe that the project is quite perspective and it has a place in our crypt portfolios. After all, the possession of these tokens gives us the right to receive the distribution of profits received by the stock exchange one-to-one. That is, if we have 1% of tokens, we will receive 1% of the profit. And due to the huge functionality, reliability and transparency of this exchange, I consider that it will gain a large amount of traffic. For more details, see the links under the article. Remember, I give only information, the choice is yours. Do not invest more than you are ready to lose.

Ps: Remember that I give you only information and reason for reflection. I do not call for anything. Investments are always connected with risks, but who dares wins.

Author of article:

WEB: https://www.localcoinswap.com

WP: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf

Author of article:
✅Bitcointalk username: cieje
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=22511

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