LATOKEN LAPrice $ 0.0158

LATOKEN is a universal multi-asset trading platform. It is aiming to become a leader in the cryptocurrency trading market.

To achieve this goal, LATOKEN is building a decentralized exchange that allows huge trading volumes of up to 100 000 TPS.

This platform already allows trading of major crypto pairs and some ICO tokens. Now they are working on acquiring all the necessary licenses to launch full-scale trading.

Other features of LATOKEN Platform include:

Instant P2P exchange

Crypto/fiat gateway

Research & Analytics section

Newsfeed and advanced trading features.

How it works?

On the LATOKEN platform cryptoholders can buy tokens linked to the price of publicly traded assets. The process is as follows:

1. LATOKEN issues tokens linked to the price of publicly traded assets

2. Cryptoholders buy asset tokens at an auction on the LATOKEN platform using cryptocurrency

3. On a pre-determined settlement date, LATOCKEN buys back asset tokens from cryptoholders at the current market price of the underlying asset

What is LA?

LA is the main currency at LATOKEN platform. It gives users an ability to trade crypto and asset tokens with a discount in trading fees compared to other cryptocurrencies. LA is an utility token which has been confirmed in a legal memorandum.

The token is already listed on several exchanges, including OKEX, HitBTC and KuCoin.

400 million tokens were issued during LA`s token sale, and 78 million were distributed.