Lesfex is a CryptoCurrency exchange designed to provide innovative but straightforward trading features to investors from all levels of experience. Lesfex is a platform that will expose CryptoCurrency, Crypto-trading and Blockchain assets to the general public via a well-designed user interface and easy-to-understand crypto-trading technology. Lesfex presents a functional token, LFX, to facilitate more straightforward and more successful exchanges together with easy to use tools. The Lesfex platform will allow investors to learn pre and post-trade sessions using critical technical indicators, data, analysis, community strategies, and baseline analysis. To completely revolutionize the future of digital asset exchange trading, we are fusing Forex and Blockchain technologies to provide everyone with a better trading experience. Lesfex will be every trader/investor's first choice, which will maintain the Lesfex competitive advantage.
The Lesfex platform is an already existing CryptoCurrency exchange designed to provide simple but innovative trading features to investors from all levels of experience. Our goal is to build a trading platform that supports both new and well-established Cryptocurrencies providing users with a growing selection of trading opportunities. A brief history which shows the rise and fall of bitcoin and cryptocurrency in general due to their volatility will help us understand the overall market value of cryptocurrency and its future projections. The First month of 2017, Bitcoin graced a value of $900+ while the entire cryptocurrency market capitalization was $17 billion. Bitcoin’s price was seen to drastically increase in the space of 1 year and three months (15 months) to about $20,000 in value while the total crypto market cap went as high as $830Billion. This translates to a peak 1,955% gain for Bitcoin and 4,578% for the total cryptocurrency market cap. Despite Bitcoin having been created nine years ago and the remarkable growth that the entire crypto market has seen since it is believed by experts and enthusiasts that cryptocurrencies are still in their infant stages.
Looking at the volume of new coins being introduced into the market, it demonstrates that there are many upcoming projects with ICO’s which will need to get listed on exchanges to make the token tradable, and here Lesfex is poised to serve the market. We will take three CryptoCurrency exchanges into consideration. BINANCE, COSS & KUCOIN.
The Lesfex team of professionals comprises of knowledgeable investors and long/short term traders with first-hand experience of the level of customer service on several exchange platforms such as Bittrex, volume trades consequently, distressed customers are left stranded when requesting for customer service support. Some of these exchanges leave customers stranded with their problems for weeks and even months without any response. In recent times, Crypto trading has had its fair share of high-level investors who succeeded in manipulating the Crypto market for personal gain. This is demonstrated by massive pumps and dumps of coins leaving inexperienced crypto traders with no inside information and of course, massive losses. The recent hack events and cyber intrusion cases have led to the loss of Cryptocurrencies worth several million in USD. A recent hack case was the South Korea’s Coinrail which lost approximately £28m of virtual currency after a reported cyber intrusion on their exchange platform.
Most exchanges do not provide its users with necessary information regarding its crypto-assets. This is a major problem being faced by many traders as the cost of carrying out trades and several transactions are relatively high and at some point, users cannot trade in low volumes due to the cost of transaction. Most CryptoCurrency exchanges do not publicly advertise their listing fees but, it is believed that the cost of listing a coin on most popular and highly liquid exchanges runs in thousands of US dollars and in some cases millions.
Our highly skilled and trained customer service team will ensure that Live support is available 24/7 to assist users and answer any type of questions or solve any queries or issues they may have. We will limit the market manipulation of pump and dump schemes by properly scrutinizing coins that are interested in listing on our exchange to ensure they are not prime for such actions. We will implement security standards more developed than the standards set by traditional banking systems, stock markets and forex markets. We will develop an information hub within the LesFex exchange platform which will provide traders with the necessary tools and information to research coins, projects, whitepapers, and key team members before investing into any of these Altcoins. We will bring down the cost of transactions and trading on our platform by introducing the LFX token. To get a new coin listed, it needs to register an account on Lesfex.
Lesfex is a CryptoCurrency exchange designed to provide simple but innovative trading features to investors from all levels of experience. The Lesfex Exchange has been developed by the Octanox (OTX) team of experts. Lesfex uses very simple but advanced digital trading tools. Our system is constantly upgraded and tested to ensure that we are meeting the industry’s best standards. For non-stop and fast trading sessions, we count on a highly skilled customer service team. Although the existing stock markets stagnated in the early 2000s with traditional commercial tools and a lack of support. Lesfex will break the stock market's vision in the cryptographic space.
Lesfex plans to develop and create a hardware portfolio for users who securely store different Cryptocurrencies in cold storage a hardware wallet is an electronic device designed to keep private keys in a secure offline configuration. The Octanox team asked Coinspect to audit Lesfex CryptoCurrency Exchange. Coinspect performed a black-box penetration test of the web application during one week in April 2018. Negative Withdrawal Amount Increments Balance The application allows users to make negative transfers and increase the amount of CryptoCurrency available to them for exchange operations. Lack of Cross-Site Request Forgery Protections. No safeguard against Cross-site request forgery attacks was implemented, so very sensitive actions (such as token transfers) were vulnerable to this type of attack. Octanox team fixed this issue. Reflected Cross-site Scripting. The application was filtering most of the user input correctly except for one particular variable that was found to be vulnerable. Octanox team fixed this issue. ome non-critical paths were found to allow Directory Browsing of its files and folders. Octanox team fixed this issue. Session cookies were not protected using the Secure attribute to ensure they are always transmitted over an encrypted channel. Octanox team fixed this issue.
Unlike most of the ICO projects currently in the market having no existing platform or project backing them, Lesfex beats them all. Lesfex is an already established CryptoCurrency exchange platform which is fully functional. The EPP scheduled to begin by August 2018 is just a means to extend part ownership to interested individuals and partners. Our exchange platform has been designed to help users curb losses which may result from their trades and also help users manage their risks. Lesfex has made this possible! With the click of a button, exchange users can apply the Lesfex Risk Strategy System to their current position and further customize their profit and risk thresholds. Lesfex Automatic Trading Assistant compiles individual data, which include the status, composition of the portfolio and positions of current assets to create individual comparisons with market data and signaling data.
The Lesfex platform will provide users with the traditional and robust tools they are accustomed to, including order books, depth charts and time and sales, also known as the trade record. Lesfex (LFX) token is a token of the Lesfex Exchange platform developed to make it a project friendly exchange that aims to help existing CryptoCurrency projects and new upcoming projects. The technology base of LFX applying Smart Contract from Ethereum– the second largest CryptoCurrency in the world having its market capitalization close to Bitcoin’s market cap.
The algorithm LFX uses are ERC20 – (ERC20 is also the algorithm used by ETH, belongs to Bancor Network – the project holding the record of ICO selling with the price of over $152.3Millions). With the use of this algorithm, LFX has the strong point of being able to perform optimally with easy transactions, while also being affordable and anonymous. Moreover, LFX has a system of private wallet and can be directly applied on the Blockchain wallet from ETH.
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For information detail visit link in description :
Website : https://lesx.org/
White Paper : https://lesx.org/whitepaper.pdf
Facebook : https://www.facebook.com/LesfexExchange
Twitter : https://twitter.com/lesfex
Telegram : https://t.me/LesfexPlatform
My link Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1305012
My ETH Adress : 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d
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