Koinos’s KOIN Token Is Getting Listed On The LCX Exchange
par LCX Team · May 27, 2024
We are happy to announce the listing of KOIN Token. Starting on Monday, 27th May 2024 at 6:00 PM CET. LCX Exchange will support the KOIN Token. Deposits will start on–Monday, 27th May 2024 at 6:00 PM CET. The trading pair KOIN/ EUR will be listed.
What is Koinos?
Koinos is the world’s first Free-To-Use blockchain. Koinos is one of the very few blockchains to leverage a microservice architecture.
Advantages of Koinos
Feeless and Free-To-Use
Just like the internet! The Koinos Mana system allows you to use the blockchain without spending, or even holding ANY tokens. Mana recharges over time at a maximum of 5 days.
Koinos is also free to use for developers with free-to-use smart contracts!
A Web2 User Experience on Web3
The innovative Mana system recharges like a battery, enabling applications to allow free transactions for you, and the only cost to them is waiting for their “battery” to recharge. This unique approach offers a truly free user experience, mirroring the effortless interaction you’re used to on the internet. With Koinos, welcoming the masses to the world of blockchain has never been simpler!
Eco Friendly
The eco-friendly approach sets us apart. By eliminating needless computational work, Koinos’s proof-of-burn consensus ensures robust security without vast environmental costs. Plus, its efficiency is so remarkable that even a simple laptop can effectively run a mining node.
Upgradable / Evolving Blockchain
The entire blockchain is highly modular and is the first chain with consensus and governance built from smart contracts. Anything including the core features of the blockchain can be upgraded with ease. No more hard forks. No more “Eth 2.0-style” delays.
Lightning Fast
With a 3-second block time, Koinos offers a near real-time experience for both applications and you, the user.
What is KOIN Token?
Prior to KOIN, most cryptocurrencies had relatively simple token economic designs; they were the tokens used to pay the fees necessary to sustain the operations of the decentralized network. Counterintuitively, removing the fees is what allows for the creation of a more dynamic, flexible, and performant system that supports a digital currency that finally delivers on the futuristic vision of an egalitarian and decentralized digital currency that began with Bitcoin.
KOIN is used to pay for transaction fees, staking, and other services on the Koinos network.
Users can sign up for an LCX Account here
Start Trading $KOIN
Launch LCX ExchangeDeposits: Deposits open on Monday, 27th May 2024 at 6:00 PM CET
Pair Listing Details:
KOIN/EUR starting on Tuesday, 28th May 2024 at 12:00 PM CET
How to deposit KOIN?
Go to LCX Accounts > Wallet
Scroll down to $KOIN
Click on the “Deposit” tab next to $KOIN. Your deposit address will be displayed on the screen.
Send $KOIN to this address.
This content is provided for informational purposes only and does not constitute financial, legal, or investment advice. The buying, selling, and trading of cryptocurrencies and digital assets involve significant risk and may result in the loss of your entire investment. Always conduct your research and consult a qualified advisor before making financial decisions. LCX is a regulated entity operating in accordance with the Liechtenstein Blockchain Act. It has approvals for roles including token generator, token issuer, and exchange service provider. LCX provides technology and compliance infrastructure for digital asset services.