Loopex is a brand new international platform based on blockchain technology, for cryptocurrency services. It provides a variety of features to its users, that overcome the shortcomings of the traditional crypto exchanges and cryptocurrency service platforms. It offers its users the opportunity to trade with conventional order types as well as with more professional stop orders, smart orders, and trailing stops.
Loopex is equipped with a variety of efficient trading tools, making the trading process as automated as possible, reducing risk and maximizing profit.
While the introduction of blockchain technology and cryptocurrency has led to a new and innovative era of trading, a number of crypto exchanges still have a few limitations in terms of high trading commissions, high withdrawal fees, small variety of order placement options, security issues, incomplete integration of platform tokens, poor customer service, and no or less multi-language support among others. On the other hand, Loopex is taking all these issues faced by the traders in consideration for building a multi-functional exchange and crypto services platform that offers low trading fees, low withdrawal commissions, high security, various options for order placement and much more.
Loopex is also backed up by its own token called the Loopex Token (XLP) which is integrated into the platform to provide improved trading experience. The traders can receive a 50% discount on all trading transactions by paying with XLP. In addition, if they have 400 000 XLPs or more on their exchange account, they’ll receive the VIP status automatically, which allows them to trade on Loopex platform for free. Loopex will also distribute 5% of the platform’s weekly profit earned from the collection of trading commissions between ten most active VIP traders. In order to receive a reward, the user must be in the top 10 traders list of the Loopex Exchange by weekly trading volume. It is the only exchange where traders are rewarded for their trading.
Another way for obtaining VIP status is to purchase at least 30 000 XLP ($195) during the IEO stage which has started several days ago and is ongoing now. IEO investors will retain VIP status until April 1, 2020. IEO will end once 400 000 000 XLPs are sold, or in 60 days. The IEO is the only way to obtain VIP status only for 195$.
More information about the Loopex platform and ongoing ICO can be found in their white paper.
Media Contact
Company Name: Loopex
Contact Person: Press Executive
Email: Send Email
Country: Georgia
Website: www.loopex.io