LIGHTBITATOM PROJECT OVERVIEW - LARGEST DECENTRALIZED MULTI-CRYPTO EXCHANGE

brainerdpaul (-2)(1)in #ico • 7 years ago (edited)

INTRODUCTION

Cryptocurrency has emerged as the true saviour for the users of the digital world and has provided us with a new hope of trust and transparency. The market capitalization and the number of users across the world is a clear indication of the popularity of Bitcoin in such a short span of time. A few years back nobody cared about cryptocurrencies but the situation has totally changed today. People, governments and business have become interested in the cryptocurrency and the technology behind it. Many cryptocurrencies have been launched in the market but i will be introducing you to a visionary projects that come to life in the form of ICO's and today i am going to present you with one of the most promising ones on the market which is LIGHTBITATOM project which has developed a platform that is the first cryptocurreny exchange which offers exchange of one cryptocurrency to another kind of cryptocurrency using cross-chain atomic swaps and lighting network without needing to trust a third party. Simply the LIGHTBIT ATOM is at the forefront of blockchain innovations.

ABOUT LIGHTBITATOM

The lightbit atom is the first cryptocurreny exchange that offers exchange of one cryptocurrency to another kind of cryptocurrency using cross-chain atomic swaps and lighting network without needing to trust a third party. The Cryptocurrency has been renowned as one of the leading technology in financial sector today and with the success of this technology most financial sectors start adopting the blockchain technology to smooth their financial transactions. After the success of bitcoin, several other currencies came into the market and with their own blockchain and fills the gap between other complexities of blockchain. The LightBit atom has an easy to use, robust, decentralized cryptocurrency exchange technology that enables a P2P exchange between one cryptocurrency and another cryptocurrency. This secures operations with digital money, and also secures offline wallet storage of users different cryptocurrrency funds while offering new users a unique technique to enhance their skills. It is the main aim of a safe and secure trading system.

This exchange platform was created because of the following reasons: Audit, Reliability, Security, Monitoring, Financial Stabilitiy, Secure Off-platform Wallets, Payment Options and cross Chain Trade. The Lightbit atom exchange can be accessible throughout the world with an instant support facility. Secure trading with the creation of not only one side, this innovative platform allows users to get the most benefit.

AIM
To become one of the largest cryptocurrency exchange worldwide having excellent features and strong trade platform. To Provide a safe platform to trade and exchange BTC to other crypto currencies.

GOALS
Offering a unique platform to a large number of active cryptocurrency trading communities where they can exchange between different top ranking crypto currencies with p2p system.

OBJECTIVES
Our main objective is our customer’s satisfaction and removing out all the cons of the existing exchanges globally including in and out fees.

LIGHTBITATOM EXCHANGE

LIGHTBITATOM EXCHANGE is a regulated decentralized trustless cross-chain cryptocurrency exchange where users can trade easily as it is designed for secure and cost effective transactions and trades. By solving the problem of creating scarcity in a purely digital space without the need for centralized power to create trust and security, the Lightbitatom has enabled a decentralized market of value which will automate most functions of the financial industry in more transparent, efficient and secure ways. Aims to become one of the largest cryptocurrency exchange worldwide having excellent features and strong trade platform. Providing a safe platform to trade and exchange BTC to other crypto currencies. Excellent marketplace, exchange services and a support framework for each coin listed.

Largest decentralized multi-crypto exchange.

By solving liquidity and trust problems, foundational requirements for any financial system, Lightbitatom will reduce barriers to capital flow into and between crypto assets, improving the efficiency and viability of the emerging crypto economy, smoothing market booms and busts, and enabling the development of more sophisticated capital allocation structures.

How Does LBA Decentralized Crypto Exchange Work?

The platform was started in 2017, and you can go to the company website to see a full disclosure of the platforms goals, then track them to see how accurate they are on their predictions. It’s a very easy to use platform, first you need to get some tokens. To get tokens, signup for a membership, once done you’ll gain instant access to the premium version of the system. And to do that, you need to have a balance of the LBA tokens. The higher the balance you have, the more services that you’ll unlock within the system.

There is also a fee payment, but the fees for trading on LBA are normal rates. They don’t have any type of hidden fees or charges. Now, you’re aware of the fees, the next step is to focus on the size of your holdings, which can increase the speed at which you are able to execute when a priority transaction needs to occur.

FEATURES OF LIGHTBITATOM EXCHANGES

Innovative exchange with safe & secure platform to buy and sell cryptocurrency through own digital wallet.

Allowing trade with multiple cryptocurrencies worldwide.

Low exchange rate as compared to other exchanges running worldwide.

User friendly trading platform with ease of access.

Designed for professional traders.

Robust trading engine.

Excellent margin trading, order placing, profit leverage

Ability to operate ERC20 tokens with no third parties or control

No need to transfer funds to the exchange wallet to start trading

Funds are integrated in smart contracts in the way only owner can operate them

Cutting back on conversion operations as the exchange has all major crypto currencies which makes it cross functional.

TOKEN AND ICO DETAILS

Name: LBA

Total Suply: 1 205 000 000 LBA TOKENS

Price per Token: 100 LBA = 1$

Soft Cap: $1 Million USD

Hard Cap: $8 Million USD

Purchase Mode: ETH (ETHEREUM)

Exchange Rate: POLONIEX BUY RATE ETH/USD

TOKEN DISTRIBUTION

BENEFITS OF LBA TOKENS

Membership: To gain premier access to the platform, a member must have a minimum LBA balance. Higher balances will give access to premium levels of service

Fee payment: Trading fees can be paid with LBA, at a discount to normal rates.

Execution priority: The size of a member's LBA holdings will impact their execution priority, resulting in faster execution and lower liquidity costs.

Discounted trading: Large LBA balances provide further discounts to trading fees.

ROADMAP
January 2017: Idea

February 2017: Concept development

August 2017: Technical architecture

November 2017: Whitepaper

December 2017: Design prototypes

February 2018: Marketing campaign starts

April 2018: ICO starts

July 2018: Development

August 2018: Core team expansion

October 2018: Concept launch

December 2018: Beta version