PLUGChain Partners with LBank to be listed on exchange
Dear PLUGChain fans,
Thank you for your patience in looking forward to the updates of our project.
We are extremely honoured and proud to be announcing that PLUGChain will be listed on LBank Exchange very soon.
We will be having an Ask Me Anything (AMA) session with the core members of PLUGChain to allow users to ask any questions and solve any doubts that you have.
We will announce the exact timing once we have confirmation.
Remember to save the date as attractive prizes will be given out during the AMA Session!
LBank Exchange, which full name is Ledger Bank Exchange, founded in 2015 and registered in the Virgin Islands. It is the high technology crypto asset trading platform around the world, holding the NFA、MSB of U.S, MSB of Canada，austrac of Australia crypto license, providing safe, professional and convenient crypto-asset exchange services, derivatives services, currency quantification, currency interest generation and other businesses for global users.
LBank is currently ranked #56 in the world and listing PLUGChain on LBank Exchange will greatly increase the presence of PLUG and allow cryptocurrency users around the world to discover PLUGChain.
Like many other cryptocurrency exchanges, LBank features their very own proprietary web-based trading platform. The exchange platform is very nice and simple with an intuitively designed interface that is easy to use and understand. Also, the platform incorporates some advanced tools and features such as the following technical analysis indicators; MACD, KDJ, RSI, CCI. Also, the exchange platform incorporated a market depth window below the chart and a volume window below the order windows. The placement of all features feels right and is well thought out. While the platform has some advanced tools, features, and technical indicators, there are not any tools for charting analysis such as drawing tools and other technical analysis methods. However, the exchange platform is fairly advanced overall, which is good for experienced traders and it’s simple enough for beginner traders as well.
The costs of trading at LBank are relatively low, especially in comparison with other leading cryptocurrency exchanges. Both the maker and taker fees are grouped together in a flat fee of 0.10% per trade. The is very low considering most leading exchanges charge at least 0.20% — 0.25% per trade. As for deposits and withdrawals, deposits are free from any fees, but withdrawals incur a fee which varies from crypto to crypto. This withdrawal fee is not stated on the websites fee page but is said to be rather low from user reviews.
Security and Fairness
Since LBank’s establishment in 2016, they have never had any reported hackings or loss of funds. The exchange implements the latest security features such as SSL encrypted servers, two-factor-authentication for logins and transactions, and both cold and hot wallet storage of user funds. As well, each user is treated equally with the same services available to them. Also, users are not required to submit any identification information and can remain anonymous while trading on their platform. One thing we found to be unfair is that some aspects of the website are only available in Mandarin Chinese, even though they claim to support the English language.
Plugchain is an open-source layer 0 blockchain with a low gas fee and high performance coupled with fast transaction speed. Primarily built for cross-chain use,it allows intercommunication among public chain intelligent contracts such as Polkadot, BSC and Heco through cross-chain technology. The framework of Plugchain include Application layer, Service Layer, Data layer, Network layer and Bottom layer.
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