LCCX will charge low fees for traders and businesses listing their coins. All fees will be paid using a new token we are creating, The London Exchange Token or LXT for short.
There will be 100 million LXT created and we are selling 60% of them through our Initial Coin Offering (ICO).
As the exchange grows more and more users will require these tokens and we will also be using up to 25% of our profits to buy back and destroy 50m of them making the circulating supply decrease.
We aim for LCCX to launch in the third quarter of this year and will be starting marketing in the second quarter. By mid 2019 our goal is to establish LCCX as the worlds most trusted crypto exchange and also one of the most used (based on daily volume).
