What Is LYOTRADE?
LYOTRADE is a centralized cryptocurrency exchange founded in 2021 that focuses on cryptocurrency trading. It is a secure platform that offers multiple features and low fees, making crypto-to-crypto trading efficient and easy.
Moreover, it features staking services, crypto loans, together with different types of trading like spot trading, margin trading, futures trading, and ETF trading, while allowing users to buy and sell cryptocurrencies with credit card or bank transfer.
LYO Credit (LYO) is the token created to work in the LYOPAY ecosystem of business applications. Use it to stake, buy and sell products and services, pay transaction fees with a discounted rate on trading, and for e-commerce, crowdfunding, card payments, and much more.
Staking is a method of locking your crypto in a staking wallet to work in the validation of new transactions on a proof-of-stake blockchain.
Users will be able to receive USDT, USDC, and BUSD. There are 60 options for collateral. In addition, getting a crypto loan does not need KYC verification and a credit check.
Although LYOTRADE is centralized, it also offers DEX Swap, a decentralized service that makes the swapping of digital assets faster, and does not require users to share their personal information when using the platform.
LYOTRADE allows users to purchase any of the 250 cryptocurrencies available on the exchange in different ways. With 53 currencies available, buying and selling cryptocurrencies using payment cards, SEPA, and many other payment methods is hassle-free.
Once a corporate, business, or institution passes our Know Your Business (KYB) protocols, they will have the privilege to create multiple sub-accounts for more organized, efficient, and secure transactions.
Users can store their assets in the LYOTRADE wallet, a centralized and secure crypto wallet that supports hundreds of cryptos and low transaction fees.