LATOKEN Review ~(Is LATOKEN Exchange Platform Legit?) - All You Need To Know
LATOKEN EXCHANGE PLATFORM – WHAT IS IT?
Are you thinking about using the LATOKEN Exchange Platform and is this really one of the best cryptocurrency exchange platforms for crypto trading with margin swap trading and leveraged perpetual contracts? In today's world where there is an increasing number of scams, whether or not it is in the crypto industry or otherwise, it has become even more important to fully understand what crypto trading platform you are joining before you deposit any money. It is also necessary to make a proper analysis to gain a full understanding of the exchange you are looking at to know if they have the right trading features that you are looking for.
LATOKEN is a decentralised cryptocurrency trading platform supporting a wide variety of digital assets. Launched in 2017 in Estonia, the LATOKEN Exchange Platform is built on directed acyclic graph (DAG) technology, which is different from the more commonly used blockchain technology by most crypto exchanges. The DAG technology allows traders to make trades at higher transaction volumes with quicker speeds without many instances of delay.
How Else Is LATOKEN Exchange Platform Different From Other Crypto Exchanges?
LATOKEN first entered Coinmarketcap's Top-50 in July of 2018 and has since been increasing their rankings. They are a fast growing cryptocurrency exchange that focuses on liquidity for new tokens. Therefore, if you are a trader or investor who is also on the lookout for new opportunities amongst the newest tokens, then LATOKEN is definitely one that you will want to get access to...
Other than crypto trading services, eligible users are also able to participate in selection Token Sales at their crowd-sale and pre-sale stages. This is an added advantage for new token owners who are able to get tokens they believe in at cheaper rates and buy greater quantities that other exchanges are not able to provide.
What Are The Trading Fees on LATOKEN Exchange Platform?
Like most exchanges, LATOKEN charges market maker fees (for adding liquidity to the market) and taker fees (for trading at prices set by market makers). In general, maker fees will be lower than taker fees but that is not always the case. LATOKEN has a flexible trading fee structure that beats out most competitor exchanges that we have traded with. Its fee structure are based on trading volume and can be found as follows:
|Level||30d Volume, $||Maker||Taker|
|1||Less than $10.0k||0.49%||0.49%|
|2||$10.0k - $50.0k||0.39%||0.39%|
|3||$50.0k - $100.0k||0.29%||0.29%|
|4||$100.0k - $250.0k||0.12%||0.19%|
|5||$250.0k - $1.0m||0.07%||0.11%|
|6||$1.0m - $2.5m||0.06%||0.09%|
|7||$2.5m - $10.0m||0.04%||0.07%|
|8||$10.0m - $20.0m||0.02%||0.05%|
|9||More than $20.0m||Zero||0.04%|
The higher the trade volume of a user, the lower the fee he or she will be paying. Also, they have a Perpetual Futures trading feature that charges the same maker and taker fee, and it is one of the lowest in the industry as follows: