LATOKEN is an Estonian cryptocurrency exchange founded in 2017. The trading platform is headquartered in Msida (Malta). LATOKEN cryptocurrency exchange Terms of Use agreement are defined in accordance with Cayman Island Law. The main goal of the platform is to offer the easiest way to access money and digital assets worldwide. The exchange provides users with a wide range of services including buying and selling crypto assets, investing, money transfer, fundraising, and tokenization.
LATOKEN crypto exchange implements three tiers of KYC authorization. Each level demands different types of information about the user. Verification levels come with benefits such as higher withdrawal limits, and fiat deposits. LATOKEN may restrict trading activity for investors in some jurisdictions such as Canada, Australia, the UK, France, South Africa, Japan, New Zealand, South Korea, Singapore, Israel, the Clayman Islands, and the People's Republic of China.
The exchange is available in Android and iOS mobile applications. The platform is also accessible via the web.
Markets
LATOKEN offers spot trading, which enables users to trade cryptocurrencies with their account balances. However, the exchange also supports margin trading on the crypto-to-crypto pairs, as well as leveraged perpetual contracts.
LATOKEN trading pairs only come in the form of crypto-to-crypto trading pairs. It has more than 350 digital assets, and more than 200 trading pairs. The platform does not support ant fiat-to-cryptocurrency pair. The supported tokens can be paired with BTC, USDT, ETH, LA, TRX, and EOS. Besides, the LATOKEN exchange regularly lists new coins.
LATOKEN launched its native token, LA, on August 22, 2017. It is based on the ERC-20 token. LA is a multi-utility token that powers the exchange. The token supports transactions on the platform. It is also used to pay for services on the exchange. Besides, the token supports the exchange’s staking reward program. LATOKEN crypto price is available on the live chart here.
The Buy Crypto feature is a simple interface for performing quick crypto buys. Users can buy digital assets using a card or perform peer-to-peer (P2P) swaps. P2P Swaps allow users to swap assets directly.
The platform also offers a comprehensive trading interface with advanced tools, which gives users deeper market insights. LATOKEN crypto exchange order book supports spot and margin trading. LATOKEN spot feature offers Market orders, which allow users to trade at the available market price. It also offers Limit orders that enable users to customize their trade prices.
LATOKEN exchange fees are flexible and follow a tiered model. Tiers are determined by 30-day volume. The more a user trades the less fees they pay. LATOKEN crypto fees also follow the Maker-Taker model. Makers and takers trading $100,000 incur a similar fee for spot trading. Trades above $100,000 attract more taker fees than maker's fees. Users trading over $20 million pay zero maker fees.
Fees for exclusive coins also follow a tiered approach as well as the Maker-Taker model. Takers fee for exclusive tokens starts at 0.98%. On the other hand, the maker's fee for these assets begins at 0.49%. LATOKEN withdrawal fees depend on the type of crypto asset. Besides, LATOKEN does not charge deposit fees for major tokens such as BTC, TRX, ETH, USDT, and USDT. Other supported cryptocurrencies attract a 1% deposit fee.
Other Services
LATOKEN offers a range of other services besides cryptocurrency trading. The NFT platform enables the minting and trading of non-fungible tokens (NFTs). Users can also earn new NFTs free as rewards for completing simple tasks on the platform. The platform also offers various other earning opportunities besides asset trading.
Staking allows users to deposit idle funds in staking pools to earn interest. Users have two options: Flexible staking or Fixed staking. Flexible staking allows users to withdraw their staked funds anytime without and fine. Fixed staking means the invested funds can only be withdrawn after a predetermined duration. Fixed staking has more interest than flexible staking.
Token holders can also deposit their assets into lending pools to earn decent interest. Besides, users can earn via the referral program, as well as Airdrops & Giveaways.
In addition to that, the LATOKEN crypto exchange offers a token Launchpad suite that includes crowdfunding and listing services.
Lastly, there's LATOKEN API that enables third-party integration. It has two types of endpoints: Public and Signed endpoints. Public endpoints are accessible by anyone and contain codes for returning public market data such as order books, tickers, trades, and exchange information. The Signed endpoint contains user-related data. It enables creating and canceling trades and viewing the state of a user account, orders, and balances.
About the Company
LATOKEN cryptocurrency exchange was founded by Valentin Preobrazhenskiy in 2017. It is headquartered in Msida (Malta).
Originally, the project’s team intended to enable real asset owners to gain instant liquidity by tokenizing and selling such assets to cryptocurrency holders with minimal fees. Some of these assets include equities, real estate, artworks, and debts. However, the growth and development of the platform followed a different trajectory. The platform is used for crypto assets trading.
Since its inception, the company has grown exponentially, connecting more than 130 startups. It has over 400,000 active platform users and over 1.5 million monthly visitors. LATOKEN trade volume has also grown to support the increasing number of users. Annual LATOKEN volume is available on the platform.
LATOKEN founder Valentin Preobrazhenskiy is an experienced investor, who has founded multiple successful projects. Before LATOKEN, he founded another company, Zalogo, a home equity market. He served as the CEO of the project from 2014 to 2017. Valentin Preobrazhenskiy also managed an equity portfolio Avega Capital and Spectrum Partners. Besides, he worked in CERA, VTB, and Sberbank.
