What is LATOKEN?
LATOKEN is developing a one-stop multi-asset trading platform. Our goal is to become a leader in the crypto trading market by entering the Top-20 crypto exchanges by trading volume.
To achieve this goal, LATOKEN is building a decentralized exchange based on DAG technology (directed acyclic graph) that allows unprecedented trading volumes of up to 100 000 transactions per second.
LATOKEN Platform already allows trading of major crypto pairs and perspective ICO tokens. We’ve also tested trades of asset tokens linked to prices of hard assets, like shares of blue chips (e.g. Apple, Amazon, Tesla) and commodities (oil, gold, silver). Now we’re working on acquiring all the necessary licenses to launch full-scale trading of asset tokens.
Other features of LATOKEN Platform include:
- Instant P2P exchange
- Crypto/fiat gateway
- Research & Analytics section
- Newsfeed and advanced trading features.
What is LA?
LA is the main currency at LATOKEN platform. It allows users to trade crypto and asset tokens with a 50% discount in trading fees compared to other cryptocurrencies. It is a utility token which has been confirmed in a legal memorandum prepared by White Summers Caffee & James, a premier technology, and international law firm based in San Francisco with 18 years of experience. The memorandum states that “LA Tokens have a distinct utility purpose separate from generating profits.”
LA is already listed on seven exchanges, including OKEX (Top 5), HitBTC (Top 10) and KuCoin (Top 20), and we’re working on listing LA on other major exchanges.
A total of 400 million tokens were issued during the initial LA token sale, and 78 million were distributed. Most of the LA held by the company will be frozen in 2018 to limit token supply.