$ID Token Is Getting Listed On The LCX Exchange
di LCX Team · February 25, 2025
We are happy to announce the listing of $ID. Starting on Tuesday, 25th February 2025, at 12 PM CET. LCX Exchange will support the $ID.…
We are happy to announce the listing of $ID. Starting on Tuesday, 25th February 2025, at 12 PM CET. LCX Exchange will support the $ID. Deposits will start on – Tuesday, 25th February 2025, at 12 PM CET, and the trading pair $ID/EUR will be listed.
What is $ID?
ID is the governance token of SPACE ID. It is designed to play a critical role in the decision-making process of the project, allowing users to have a say in the direction and future of SPACE ID.
SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, and manage web3 domains. It also includes a Web3 Name SDK and API for developers across blockchains and provides a multi-chain name service for everyone to easily build and create a web3 identity.
The ID token serves as an essential part in the growth and sustainability of the SPACE ID ecosystem, incentivizing users to engage with the project and contribute to its success. With the launch of ID, SPACE ID is poised to become a leader in the Web3 industry, providing users with an even more well-rounded platform for managing their digital identities.
ID is the native token of the SPACE ID ecosystem, with the following functions:
- Staking: Stake ID tokens to receive discounts in the SPACE ID domain NFT marketplace trading fees and Web3 domain registration discounts on SPACE ID.
- Payments: Used as a means of payment within the SPACE ID ecosystem and for Web3 Name SDK Integration.
- Governance: ID token holders can participate and vote on SPACE ID DAO proposals.
Users can sign up for an LCX Account here
Start Trading $ID
Launch LCX ExchangeDeposits: Deposits open on Tuesday, 25th February 2025, at 12 PM CET
Pair Listing Details:
$ID/EUR starting on Tuesday, 25th February 2025, at 12 PM CET
How to deposit $ID?
Go to LCX Accounts > Wallet
Scroll down to $ID.
Click on the “Deposit” tab next to $ID.
Your deposit address will be displayed on the screen.
Send $ID 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.