LATOKEN REVIEW
Overview
The LAToken website aims to develop a peer-to-peer trading platform for various assets. You can currently trade LAToken tokens and a variety of ICOs using your LAToken account. DAG, used in the LAToken exchange, is distinguished from other decentralized exchanges by its directed acyclic graphs (DAG) technology. DAG was selected due to its high speed and volume, which are compensated by its ability to support large volumes of transactions without anticipated delays. The LAToken (LA) cryptocurrency is used as the basis for almost every trading pair on the exchange. You can also instantly buy and sell LA, ETH, and VEN on it.
What is LAToken?
LATOKEN is a rapidly growing global crypto exchange focusing on new token liquidity. Coinmarketcap’s Top-20 in March 2019 shows that LATOKEN is on the rise. The most significant advantage of purchasing and exchanging cryptos through LATOKEN is the user-friendly interface and the protection against fraud and scams.
500+ cryptocurrencies are available for trading on the platform, making it one of the business’s most versatile and user-friendly exchanges. Indian and European crypto investors are the most passionate about LATOKEN, and the app makes it simpler for users to buy and sell cryptos directly through their phones and tablets.
Features of LAToken
High Security-
The Latoken is the safest crypto exchange and they also safeguard users’ data and the web and use all security best practices.
Intuitive Interface-
The exchange is simple and makes the necessary actions for crypto fast: buy, transfer, and trade.
Localization-
Set up an English, Italiano, Indonesia (Bahasa), Spanish, France, Korean, and Indian (Bahasa) Bitcoin trade account.
LAToken Fees
LAToken Trading Fees
Most crypto exchanges charge the maker and taker fees, which are two different trading charges: taker and maker fees. Taker fees are paid by the person who picks up an existing order from the order book.
On the other hand, the maker fee is paid by the person who creates an order that is not immediately matched against an existing order on the order book. On the other hand, Makers are typically compensated with a lower trading fee than takers, known as a “flat fee.” The taker fee on LATOKEN is 0.28%, and the maker fee is 0.22%.
The highest and most recent empirical study on trading fees crypto exchange estimates the average spot trading maker fee at 0.177% and the average spot trading maker fee at 0.221%. The highest and most recent empirical study on crypto exchange trading fees estimates the average spot trading maker fee at 0.177% and the average spot trading maker fee at 0.221%.
Spot Trading Fees
Level | 30d Volume, $ | Maker | Taker |
1 | Less than $10.0k | 0.49% | 0.49% |
2 | $10.0k – $50.0k | 0.39% | 0.39% |
3 | $50.0k – $100.0k | 0.29% | 0.29% |
4 | $100.0k – $250.0k | 0.12% | 0.19% |
5 | $250.0k – $1.0m | 0.07% | 0.11% |
6 | $1.0m – $2.5m | 0.06% | 0.09% |
7 | $2.5m – $10.0m | 0.04% | 0.07% |
8 | $10.0m – $20.0m | 0.02% | 0.05% |
9 | More than $20.0m | Zero | 0.04% |
Withdrawal Fees
According to our empirical study, the industry average BTC-withdrawal fee has been 0.00053 BTC per BTC-withdrawal in the past. The LATOKEN’s withdrawal fee is 0.0005 BTC per BTC withdrawal, slightly below the industry average. The amount of the BTC withdrawal fee has not changed significantly over the last few years.
Cryptocurrency | Withdrawal Fee(normal) | Minimum Withdrawal |
BTC | 0.0005 | 0.001 |
LA(ERC20) | 514.12 | 514.12 |
ETH | 0.0098 | 0.0098 |
USDT(ERC20) | 40 | 40 |
FTT | 1.3016 | 1.3016 |
LAToken Pros and Cons
Pros
- You can trade Bitcoin, dozens of altcoins, and the most popular tokens on the exchange.
- The token welcome bonus is given to each user after they are registered.
- The mobile application is available for Android and iSO.
- Favourable and comfortable conditions for investment programs such as staking, deposits in Defi, and large blockchain projects.
- You can offer your coin to the platform and investment in your project after being introduced.
- Approximately 99.5% of assets are cold stored.
- Security: TLS encryption, 2FA authentication, and DDOS protection.
Cons
- There are no free demo accounts or tutorials for beginner crypto traders.
- Only technical support tickets are available via email and telephone.
Security and Safety
LATOKEN states on its website that its security features include the following:
- All private keys are protected with AES-256 and are kept offline.
- Cold storage with multi-signature technology accounts for 5% of user funds.
- The design team has developed a DDoS-protection system that utilizes a distributed system architecture.
- The LAToken exchange refers to a proprietary encryption technique called “Salted SHA-256,” used to secure all passwords.
LAToken Mobile App
You must also possess the desktop version to access LATOKEN via the mobile app. The desktop version is available via the web, and the mobile app provides most of the functionality. However, the app’s interface is considerably different.
The token app is simple to use, neat, and extensive. In terms of appearance, it far surpasses the desktop version.
Affiliate Program
The LATOKEN referral program is simple and profitable. After token sign-up and verifying identities (background checks), each user can send a personal referral link to other traders on the platform. This link is stored in your account.
Every user who signs up using your referral link and undergoes identity verification will receive a $50 one-time bonus. Your partner will also get a prize. The bonus money cannot be traded or used for investment, but it can be used to reduce trading fees. You may pay up to 25% of the referral bonus pool up to $25 per operation.
Customer Support
When users attempt to contact Latoken customer service, the reality is that many of them are left disappointed. Therefore, it is unclear how many people reach out to the service.
Users may send mail to the official address or directly contact the support team on the platform using the interface. The platform also maintains an active Telegram group where customer issues are routinely dealt with; In addition, the FAQ section is detailed with comprehensive instructions on significant problems experienced by users on the platform.
Final Thought
The LATOKEN Crypto exchange has a standard terminal, a mobile trading application, access to various markets for margining, and perpetual contracts. A welcome bonus and leverage are available. Users can earn passive income by participating in the Traders Union’s rebate programs. Here you can learn many things and get opportunities to make. According to the Latoken review, LAtoken is the most trustworthy crypto exchange, and a blockchain crowdfunding platform is available on the exchange. It is known officially and transparently, making it an ideal platform for cooperation.
