Top Exchanges that Lately Listed LSK
Two new exchanges (bitFlyer and Crypto.com) listed LSK on their platforms, bringing the LSK pairs up to 40+ according to Coingecko. LSK coin generates a 24h trading volume equal to $3M and these platforms will expand buy & sell opportunities in new markets.
Despite the further decrease of price, that partially characterized the whole altcoin market, LSK is growing the list of available exchanges. This is an important aspect, as even if cryptos are born in a decentralized space, centralized exchange gateways are needed to get people in and out of the market.
— Lisk (@LiskHQ) September 25, 2019
On 25th September bitFlyer Europe added buy and sell trades for Bitcoin cash (BCH), Ethereum classic (ETC), Litecoin (LTC), Lisk (LSK) and Monacoin (MONA), while bitFlyer USA added BCH, ETC and LTC to its trade offering as well.
bitFlyer is a Tokyo-based cryptocurrency exchange, one of the Japan’s largest and recently recognized as a ‘Real-10’ exchange by a Bitwise report to the U.S. Securities and Exchange Commission. It has a normalized 24h volume equals to $23M on Coingecko (that not list all the trading pairs, only the verified ones). Its trust rank is one of the highest one, with a score of 9 out of 10.
$LSK is now listed on the https://t.co/vCNztABJoG App. Buy and sell Lisk now at true cost with bank transfer and credit card (both are supported!) Full details – https://t.co/7ZIRd9n2VY @LiskHQ pic.twitter.com/Yxdj7VgIti
— Crypto.com (@cryptocom) September 11, 2019
Some weeks earlier, Crypto.com announced the listing of LSK on its wallet, exchange and financial service platform. Crypto.com is a multi-currency platform for storing funds, with the ability to convert and use plastic cards; it’s possible to buy and sell 7 fiat and 53 cryptocurrencies. The value proposition of such platform is the low level of fees: all exchange operations between cryptocurrencies are not subject to fees and 1% is charged for converting digital money in fiat currency.
Crypto, originally named Monaco, raised $26M during the ICO held in June 2017 and distributed MCO. This is a ERC-20 token, needed to be stacked if you want to enjoy staking benefits and/or order one of the MCO Visa cards.
About a year later, the company launched also its own blockchain and the CRO Token, the native Crypto.com Chain token that enables cross-asset intermediary currency settlement. All network participants writing transactions on the Crypto.com Chain have to use CRO Token to settle block transaction fees and all participating nodes in the Crypto.com Chain are rewarded in CRO Token for processing and validating transactions on the network. Customers choosing to pay with CRO transact with minimal fees.
In addition to a wide offering of Visa cards, the company expanded the list of its financial services: the “credit” service allows users to deposit cryptos and get an instant loan without a credit check; in the “earn” section it’s possible to accrue interests daily and grow your own crypto assets; the “pay” section is focused on merchants and e-commerce.
A similar operating strategy is also held by EliteX, that is planning to launch its own EXT token as a LSK sidechain. In addition, the company is working to deeply enter the Chinese market and for the LiskJS event on November 19th they will bring magazines with very good reputation in China like CCValue, that will feature some projects focused on Lisk ecosystem.