We are thrilled to announce that LCX is introducing Tokenized Euro, E-Money Tokens issued by Monerium, at LCX Exchange and LCX Ecosystem. Deposits will open next Monday, May 10th 2021. First Euro Trading pairs follow a few days later.
News – March 22nd, 2021: LCX Partners With Monerium to Introduce Tokenized Digital Money and Fiat Trading Pairs
Monerium is the world’s first company authorized to issue regulated e-money on blockchains. Monerium is a licensed e-money institute and is issuing the EURe on the Ethereum blockchain.
- Tokenized Digital Money: Implement regulated fiat money, a digital Euro issued by Monerium, at the LCX.com Ecosystem.
- Fiat Gateway: Launch a simple and easy to use fiat-gateway at LCX Exchange while Monerium handles the fiat side as a fully regulated e-money institute.
- Trading Pairs: Launch several EUR to crypto trading pairs. Explore the opportunities to list other digital fiat currencies issued by Monerium.
You can now move Euro seamlessly between your SEPA Bank account and your LCX account wallet. Connecting existing payment networks with LCX’s blockchain ecosystem. When using SEPA Instant Euro’s can move on-chain within minutes.
Monerium is making money smarter by bringing it to blockchains to support on-chain transactions of digital assets. On-chain settlements are programmable, take place within seconds, without intermediaries, and at the fraction of the cost of traditional payments.
Important Note: Trading cryptocurrency is complex and comes with a high risk of losing money. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product.
