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  • Essay / Features of Local Token Exchange

    Most integrated cryptocurrency exchanges are mostly filled with many inefficiencies. There are delays, security hazards, tedious verifications and high limits for a large number of potential customers, especially newbies. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay However, Local Token Exchange is the product of a shared vision created for a global and more productive cryptocurrency exchange system. The system has adaptability in terms of trading different cryptocurrencies with respect to all aspects of decentralized exchanges. However, the system hopes to exploit the various achievements of other peer-peer exchanges by exploring the development of the various market opportunities that exist for multi-coin PEERING. decentralized exchange. This inventive model will give brokers the ability to execute all trades, while allowing different realization of Local Token Exchange activities with benefits for various token holders. Local Token Exchange therefore hopes to coordinate the best of a decentralized peering exchange with a deep lucidity of decentralization. exchanges, to make trading faster, simpler, more secure and offers different token holders profit offers. Local Token Exchange hopes to: Provide the ability to trade a full range of digital currencies Combine with significant liquidity regularly offered only in exchanges Pay profits consistently Provide transparency trading Introduce and launch future cryptocurrencies while allowing ICO airdrops This creative model will give traders the ability to execute each of their trades easily while allowing interest in the commercial success of the Local Token Exchange with general benefits for various token holders. Most importantly, Local Token Exchange will drive a global paradigm shift for an advanced and disseminated treasury system. Financial Model of Local Tokens The financial model of the local token exchange depends on a multi-year period scheduled to begin in May 2018 while linking it to each phase of technological progress. The central business is a peering cryptocurrency exchange. The model parameters are resolved on the basis of certain statistical surveys, as well as measurable data on the state of each particular market fragment. The monetary flow of the task is determined from the measurement of commissions paid for each transaction made between exchange members. Costs and Expenses The cost of exchanging the local token is estimated at €5, but business costs are associated with the advancement of innovative working procedures, foundations and existing solutions. support. Development constitutes the largest cost, estimated at around €600,000 in the first year. As the project financial projections indicate, an underlying period of concentrated progress is normal. Once this procedure is successfully combined, the impact on pre-tax profit is expected to increase by 196% from the first to the second year, from €5.9 million to €17.4 million. It is anyway expected that a further increase of 38% to 24.1 million euros, in line with current competition in the sector, will take place during the third year of execution. Cryptocurrency platform Local Token Exchange PeeringShared exchanges and trading centers provide guided access in a dispersed manner. to interface dealers and buyers. This is a true representation of free market exchange. On time..