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General

How to buy and use LCX Token?

The LCX Token (LCX) has been created as a utility token which may be used to pay all fees associated with the services offered by LCX.

How to buy LCX Token?

The LCX Token is listed at Liquid exchange with three trading pairs.

To purchase LCX Token and trade at Liquid, you need to sign up as a new user if you don’t have a Liquid account.

Trade at Liquid Now

The LCX Token is listed at ExtStock exchange with three trading pairs.

  • LCX / ETH at https://extstock.com/markets/lcx_eth

To purchase LCX Token and trade at ExtStock.com, you need to sign up as a new user if you don’t have a ExtStock account.

Trade at ExtStock Now

How to use LCX Token?

LCX Token can be used to pay for the subscription of LCX Terminal Pro Account. Users can purchase the LCX Token at third party exchanges, e.g. Liquid, and use it within the LCX ecosystem.

In order to use LCX Token, you first need to register on LCX Accounts:

  1. Register at LCX – Follow these steps.
  2. Login at LCX Account Login using your Email Address & Password.
  3. Deposit LCX Token – Once you’re logged into LCX Account, switch to “Wallet” tab. Click “Deposit”.

LCX Token: Facts & Figures

LCX Token > Minimum Utility Value of 0.10 USD

Within the LCX ecosystem, at LCX.com, the value of the utility token will be determined by the market, but will always be at a minimum of 0.10 USD.

For example, in the case of the minimum value (0.10 USD), if you pay for services at LCX.com valued 10 USD, you have to pay a maximum of 100 LCX. If the market price of LCX Token is increased to 1 USD for example, you will have to pay 10 LCX Token to pay for services valued 10 USD.

For example, if the LCX Token is traded on cryptocurrency exchange at 0.02 USD – below our minimum of 0.10 USD – and if you pay for services at LCX.com valued 10 USD, you only have to pay 100 LCX as well, because the value of LCX Token will not go below 0.10 USD within our ecosystem.

LCX Token Burn

As LCX will be accumulating LCX Tokens over time, it will implement a transparent and verifiable mechanism to burn LCX in order to reduce the supply of tokens in the ecosystem. LCX will burn 100% of all LCX Tokens, which LCX receives in the payment process of the utility token. LCX will burn these tokens on a quarterly basis and publish the number of tokens burned. As a result, the supply of LCX will decrease over time as the activity on LCX increases. This is subject to further amendments after one year.

LCX Utility Token

The LCX Token is a Utility Token and can be used as a voucher to pay fees, such as fees for LCX Terminal subscription and other fees within the LCX ecosystem.

It is issued as an ERC-20 token (on the Ethereum platform) and the official contract address is 0x037a54aab062628c9bbae1fdb1583c195585fe41 (Link to Etherscan).

The initial total supply of LCX is defined as 1,000,000,000 LCX coins, but due to the regular coin burn events, the supply will gradually decrease.


Risk Warning: Digital assets, such as Cryptocurrencies and Tokens, are subject to a number of risks, including price volatility. Transacting in digital assets could result in significant losses and may not be suitable for some consumers. Digital asset markets and exchanges are not regulated with the same controls or customer protections available with other forms of financial products and are subject to an evolving regulatory environment. Digital assets do not typically have legal tender status and are not covered by deposit protection insurance. The past performance of a digital asset is not a guide to future performance, nor is it a reliable indicator of future results or performance. Additional disclosures can be found at Terms of Service. 

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