Latoken offers multi-assets to diversify your investments

Latoken ICO review

Latoken is a unique trading platform that deals with diverse assets. This is a Russian company but it is registered offshore (on the Cayman Islands). Though it does not seem serious for many, the founder has announced the intentions of the company to get a license. It will let the company to achieve its goals and start full-scale trading.

How it works

The trades are arranged in decentralized manner. The platform offers a range of ICO tokens and crypto pairs. The exchange can boast of its exceptional script, which enables fast processing of high volumes almost instantaneously.

The main Latoken currency of the platform is LA or LAToken, which is a universal token for this multi-asset trading site. It means it does not deal with digital currencies only but some other assets as well including blue chips and commodities such as silver, gold and oil. The list of virtual currencies is impressive. There are many popular coins at the exchange. The assortment of crypto coins can be divided into 4 categories – virtual coins are traded at Latoken against USDT, Ethereum, Latoken, and Bitcoin. It is also possible to find less known coins that are traded at some places only.

Transparency and responsiveness of the team

It is pleasant to point out the transparency of the company. Taken into account the situation when many exchanges prefer not to inform users of it, Latoken can be praised for its openness. Customers know who the CEO is, how experienced he is and make own conclusion if the one is worth to be trusted. Customers are aware who enters Latoken team and contact its representatives when facing the emergency. The support responds fast. Users get detailed answers to all requests when some problem arises.

Interface

The design of the exchange is simple and intuitive. The users easily understand what to do even if they are not advanced traders. Using Latoken wallet, customers create and manage your assets. It lets them see the entire picture clearly and make appropriate decisions.  

Security

The security system was strengthened on the site with assistance of 4-layer transactions procedure. The security measures include 2-factor authentication.

Drawbacks

The flaw of the site is that it is hard to find some data concerning fees. It is more beneficial to trade using LA as 50% discount is offered for the customers then.
Another drawback is lack of leveraged trading, but there are a lot of cryptocurrency exchanges of this kind. Besides, the platform does not support state-issued money. It is hard to understand what is all about when you just start trading activity, so it is not the best option for beginners. Hitbtc is a better place for beginners.
Latoken does not trade some popular digital currencies and many people do not like this fact. There are not such coins as Bitcoin Cash, Monero, Litecoin in the list of currencies offered.

If you want to make sure if the particular virtual money is traded on the site, you can check it up at Latoken Coinmarketcap page. You will get info about the coins, the volume traded and the liquidity of different trading pairs. This is very useful information you should know before you choose the exchange.

Latoken ICO has made a good start and achieved a lot but it is still in the process of development. It has some drawbacks you may not like but the uniqueness of the platform is clear. It has rather ambitious plans and tries to embrace different assets in work. Also, safe and reliable security system deserves the praise.

Alternatives

•    If something is not to your liking, apply to another resource. Not sure about the price? Compare BTC quote with Bitfinex Bitcoin price.
•    If you need some other place to exchange Bitcoin, Bitflyer resource can be helpful.
•    Coinroom is one of the best options for premium service. It suits customers with different level of experience.
•    If you want to trade on the market with a good mobile app, Bittrex app can be a great choice.