Today we would like to introduce the Latoken platform, where the token-project trades.
Latoken Exchange launched in 2017. This is a relatively young and promising site. According to Coinmarketcap data, this site is in 19th place in terms of trading volume with an average daily index of $ 620 million.
The exchange also released a token with the ICO help with the same platform name [LATOKEN (LA)] According to icobench.com, they received about $ 20,000,000 during the ICO.
The Director General of the company is Valentine Preobrazhensky. He is not the first year in the blockchain industry and has already launched several projects, such as AIB Zalogo (service for blockchain-mortgages), Founder Institute (school for young people, who want to gain or get more knowledge in the blockchain technologies field).
Besides him, the leaders of the exchange are:
- Danila Simonov – Chief Technical Officer
- Denis Simagin – Managing Director
- Eli Taranto – Investor Relations Manager
- David Drake – Advisor
Protect Services for account are standard. First of all, it is an e-mail, which should be confirmed mandatory. There is also ability to connect by phone number authentication. Before each entry, you will receive unique SMS on the phone with the code, which you have to use for enter. In addition, there is the ability to connect App Authenticator. You have to install a special application on the phone for using it. The principle is the same as with the phone. Before each entry, withdrawal of funds or during the working with the API, open the application and enter the code, which will be shown there.
The exchange is famous for a large number of trading pairs-more than 170. They are divided into several markets: BTC, USDT, LA and ETH.
The platform uses the Trading View chart. Due to this, traders and investors have the opportunity to use all necessary technical analysis tools.
The chart is on the center of the screen, on the left -a list of trading pairs, on the right-depth of market and a menu for drawing up orders. There is information on the Internet, that the exchange supports two types of orders:market and limit orders, but I only have the option of issuing a limit order.
Active and completed user requests are shown at the down of the terminal.
Unfortunately (or fortunately for someone), margin trading by using Leverage is not available.
There is necessary to write the desired price and the required volume for placing an order and then click «Buy» or «Sell»:
There are 4 levels of verification on the Latoken exchange. Right after the registration, you will get zero level of verification, but after the mail confirming -first level. The maximum amount for withdrawal increases for each new phase. Graduation is as follows:
You have to provide for passing 2, 3 and 4 levels of verification:
– Full name
– Date of birth
– Phone number
– Approximate average deposit and annual income
In addition, you have to send documents proving your identity and residence.
Instruction for work with exchange
To go to the exchange website, use this link: https://latoken.com/.
At first you will get to the Latoken main page of.
Unfortunately, there is no support of the Russian language at the moment, so we are content with English and Google translator (if necessary). But, it should be noted, that if you have already worked on cryptocurrency exchanges, then the functionality would be intuitive for you.
The first thing that interests for us is registration. Click «Login», then select «Register» and enter your data:
Thereafter, there is the standard user agreement procedure (which no one reads usually). Put a checkmark «I agree» and click «Confirm»:
Thereafter, we are getting in our wallet, which currently has no funds (which is not surprising). While account replenishment is not available to us, because it is necessary to confirm email. Go to your mail and confirm registration
After passing through this procedure, we will return to our wallet and click the «Deposit» opposite that coin, the replenishment of which is interested for us. The feature of this exchange is that you can interact with credit or debit plastic cards. However, it is necessary to pass the second level of verification for this. So far, we have the ability to deposit only a cryptocurrency. Click «Deposit», copy the Bitcoin address and send money to it.
Accordingly, the withdrawal of funds works in a similar scenario. Click «Send», enter the amount and address to which you would like to withdraw funds:
How to buy DPT tokens
So, we figured out above how to replenish an account and next step- purchase of DPT. Token is trading with BTC, USDT and ETH.
I will show to you how to buy DPT for ETH.
We enter the price at which we want to take DPT in the window «PRICE» on the left side, it could be a market or a pending order (when the desired price is reached, the purchase will automatically pass). Next step: enter the number of DPT tokens that you want to purchase in the window «AMOUNT» and click «BUY DPT». That`s all, you became the owner of the DPT token.
If you invest in the medium or long term, then we recommend withdrawing tokens to your personal wallet for maximum security. We have mentioned above how to withdraw funds.
Find and click on the «WALLET» at the top, write in the search window «DPT» on the opened page and click «SEND».
Next step: enter the amount, which you want withdraw (AMMOUNT) and the address where to make a withdrawal (Withdrawal Address). [The token can be withdrawn to any wallet that supports the ERC-20 standard]. Click «Request withdrawal».
I have a phone number tied to the exchange, so I received a code on the phone, enter it and press «SUBBMIT».
UPD: The withdrawal worked like a lightning speed, compared to other exchanges, DPT arrived on the wallet in a minute after sending the order.