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Product Update – December 2nd 2019

par LCX Team · December 2, 2019 · Updated February 6, 2023

As part of LCX’s commitment to prioritizing customer feedback and helping bridge the gap between traditional finance and crypto, our team is focused on constantly updating and improving the LCX experience. Here’s a look at what the team has been up to for the past couple weeks.

Introducing a Free Plan for LCX Terminal

As part of our updated pricing strategy we are introducing a new Free Plan for LCX Terminal. 

  • Free Plan: The Free Plan includes all major functionality of LCX Terminal limited to a maximum of 3 connected exchanges. 
  • Pro Plan: The Pro Plan will have unlimited exchange connectivity and costs $290 USD per month or $2’900 USD annually.  The subscription of LCX Terminal can be paid via credit card of via LCX Token.

We recommend to pay any fee within the LCX ecosystem via LCX Utility Token. At LCX.com we have set a minimum utility value of the 1 LCX Token at 0.10 USD. Thus paying with LCX Token may result in huge discounts depending on the price you have purchased the token. See our guideline on where to buy and use LCX Token. 

Adding Credit Card Payments

Until today, subscription to LCX Terminal could only be paid with LCX Utility Token. While this will always be possible and our recommended way to pay fees at LCX, we are introducing the payment option with credit card. We have integrated credit card payments via Stripe. The new functionality is available as of today. 

Improving identity verification

We are continuing to invest resources in improving the know your customer (KYC) process and identity verification on LCX. We have implemented visual elements to make it easier for clients and improved the overall user-experience. 

Additional Exchange Connectivity

LCX Terminal is a sophisticated trading platform to manage your portfolio across multiple crypto-exchanges. We have launched full support and connectivity to the major Bitcoin Exchanges already. This includes Bitfinex, Binance, Bittrex, Coinbase Pro, OKEX, Kraken, KuCoin, Liquid, Poloniex. 

Today we are launching integration of HUOBI Exchange. Users will be able to connect to Huobi and immediately start trading, analyse trades or set up price alerts, as part of the LCX Terminal experience.

Furthermore we are rolling out more platforms in the coming weeks. 

Performance Improvements

LCX has experienced significant growth over the last few months. As a result, we have invested significant technology resources to improve the performance of our platform. With today’s update we have reduced loading time significantly. LCX Terminal we managed to maintain the low latency to real-time market data across multiple cryptocurrency exchanges.

As we work to make LCX better, we always appreciate feedback. Try out the above features and let us know if you have ideas or suggestions for how to improve the product.

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LCX AG, Herrengasse 6, 9490 Vaduz, Liechtenstein, commercial register FL-0002.580.678-2. LCX AG has applied for authorisation as a crypto-asset service provider under MiCA (EU 2023/1114); the application is under review by the Financial Market Authority (FMA) Liechtenstein. LCX AG is not currently authorised under MiCA. LCX does not offer crypto-asset services to persons in the EEA pending authorisation; existing EEA clients are limited to withdrawals during the wind-down (see MiCA Notice). Crypto-assets involve significant risks, including total loss. LCX does not provide services to persons in the United Kingdom or the United States (Avis de juridiction).

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