Briefly About the Exchange
LATOKEN, founded by Valentin Preobrazhensky in 2017, is one of the leading cryptocurrency exchanges based in Estonia. Valentin has a rich financial background, including working at Sberbank and Vnesheconombank and managing his Avega Capital fund. Preobrazhensky also founded the Zalogo platform, which connects borrowers and mortgage lenders, which he later sold. LATOKEN is actively involved in the cryptocurrency community. It sponsored a series of seminars called the Blockchain Economic Forum.
Trading Opportunities and Services
LATOKEN provides traders with its opportunities:
- IEO campaigns: users can launch IEO campaigns, exposing innovative projects to potential investors.
- Trading LA tokens: the LA token takes part in different operations on the platform, including trading.
- VCTV: video portal VCTV reviews crypto teams, analyses trends, and gives tips on successful fundraising for crypto startups.
- Cryptocurrencies available: the exchange supports over 700 digital assets, including top coins and many altcoins.
Fees and Terms
The LATOKEN fee structure is different from many other platforms:
- Trading fees: 0.49% for both makers and takers, which is higher than the market average.
- Users who pay fees in LA tokens and increase trading volume receive fee discounts.
- Withdrawal fees vary depending on the cryptocurrency and are among the highest in the industry.
Security and Support
LATOKEN takes user security and privacy seriously.
Security measures include key encryption, password protection, secure data storage, DDoS protection, and two-factor authentication.
Fund storage: 99.95% of user funds are stored in cold wallets using multi-signature technology.
Multilingual user support in many languages, including English, Spanish, Chinese, and others.
Restrictions and Availability
LATOKEN restricts access to users from certain countries but offers its services to many traders around the world, including the United States. Restrictions apply following local laws and international sanctions and cover the following jurisdictions: the USA, Syria, Iran, Iraq, Ontario (Canada), and others.
Usability and Benefits
LATOKEN is easy to handle and provides many additional benefits:
The referral program allows earning rewards for bringing new users to the platform. Fundraising and project support allow for presenting new projects to potential investors via VCTV.
Conclusion
LATOKEN is a reliable and convenient cryptocurrency exchange with a wide range of supported currencies and services. Its high level of security and multilingual user support make it a good choice for international traders. However, you should be aware of high trading and withdrawal fees, as well as restrictions for some jurisdictions.
CEO at LATOKEN