Two New LyCI Added to Lykke – Making Blockchain Investments Easier

1 March 2019, Zug (Switzerland) - Lykke has extended its list of products designed to make the crypto market more accessible by unveiling the addition of two new Crypto indexes: Smart LyCI, Pay LyCI, and their accompanying service tokens.

Earlier this year, Lykke released its Crypto Index, LyCI and its associated Service Token. The index tracks the biggest 25 projects from the crypto and blockchain space according to market cap, which is rebalanced every minute. Users that purchase the LyCI Service Token are able to invest in the assets tracked by the index and can ask to have these assets delivered to them by this service. LyCI enables investors to easily access the entire Blockchain market without having to keep themselves updated with the rapid market changes constantly.

Even though LyCI tracks the entire Blockchain ecosystem and its development, the number of crypto projects that will have long-term success and large-scale implementations is considered to be rather limited. In order to confront this situation, Lykke has expanded its family of Crypto Indexes by adding LyCI Smart Contract, LyCI Pay and their associated service tokens, which gives users the ability to invest in the projects that they believe will be successful.

Smart LyCI was developed to track the top 10 blockchain projects that are working towards improving the process of recording and settling contractual agreements. A smart contract’s purpose is to settle an agreement between two or more parties remotely and eliminates the need for a legal or financial intermediary. As the terms of such contract are recorded on digital format on the blockchain, this makes the transactions traceable, transparent, and immutable.

Pay LyCI was developed to track the top 10 cryptocurrencies which can be used in acquiring or selling products and services. The prices of these cryptocurrencies can also fluctuate, just as they can with fiat currencies. Because of this, users can profit from accessing all these different currencies in one single place, benefiting from its diversity and appreciation potential.

Regarding the launch, the Founder and CEO of Lykke, Richard Olsen, said the following: “In the traditional finance industry, professional investors have been making a lot of money for a long time through index investing. We are introducing a wonderful opportunity for everyone to make money and get involved in the exciting emerging crypto space. Democratization of a previously closed and secretive industry is inevitable, and we are proud to be pioneering it”.

These recently launched products can be accessed first on Lykke Exchange – a web-based marketplace, where cryptocurrencies and traditional fiat currencies can be exchanged in a secure environment with no trading fees.

What is Lykke?

Lykke is an international company, headquartered in Switzerland, that aims to create a marketplace which enables the exchange of financial assets, free of cost and at a global level.

Lykke’s goal is to make finance accessible to all individuals by harnessing the decentralized nature of blockchain technology. By eradicating the limits imposed by markets, Lykke will allow all people around the world to have equal access to trading almost all assets through digitization.

Contact details

Marina de Mattos

E. [email protected]

T. +41 76 227 41 63

ZedXe: Estonia-Based Crypto Exchange Reinforced with AI Management Tools for a World-Class Trading Experience

Important information: please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of any benefits depends on individual circumstances., a digital currency trading platform incorporated and licensed by Estonia Financial Authority, is navigating the shift to a highly-secure and Artificial Intelligence (AI) driven trading ecosystem. The integration of AI management tools into the exchange enables platform users to improve efficiency, allay errors, save time, and ensure straight-through processing without any intermediary.

ZedXe is underpinned by features like multi-layer exchange security; US regulated custodian BITGO wallets, advanced matching engine, high liquidity and multi-currency support. The exchange accelerates KYC (Know Your Customer) and AML (Anti Money Laundering) processes, and expedites cryptocurrency withdrawal process. All these features complemented with self-explanatory interface provide world-class trading experience to users.

The platform allows trading in 4 major markets, including BTC, ETH, TUSD and ZFL, while ensuring minimum transaction fee. Integration of other cryptocurrencies will enable users to tap into more trading opportunities. Besides, ZedXe team is continually reinforcing the exchange with state-of-the-art features for enhanced trading experience. The recent integration of trading bots is one such example. The trading bots directly interact with ZedXe exchange, keep tabs on price movements and place a buy/sell order for a trader based on market data analysis.

ZFL Buyback and Burn Program

ZedXe has introduced the Buyback and Burn program for its 2 million ZFL tokens. The program aims to benefit both current and new token holders by enabling them to multiply their profit by up to 10 times. (You also stand to lose if the market moves in the opposite direction).

ZedXe has already started the Buyback and Burn program on May 15, 2019, for the users. The company will buy back the tokens on July 15, 2019 and calculate the total accumulated volume of each trader. Traders with maximum volume of trading pair BTC / ZFL will qualify as top beneficiaries of the Buyback and Burn program.

A coherent roadmap will navigate Buyback and Burn program which works as follows:

Price: USD 0.36* (Minimum)
ZFL Tokens: 2,000,000** (Minimum)
When: July 15, 2019
Where: ZedXe Exchange (On Chain)
Pair: BTC / ZFL

* In case the price of each ZFL token, reaches USD 0.36 or over, by or before July 14, 2019, ZedXe Exchange will buy back the tokens at 100% (USD 0.72 or more) of the final value set at the specified time of July 14, 2019.

** ZedXe Exchange will buy-back and burn minimum 2 million ZFL Tokens (out of 180 million circulating supply), and maximum tokens, as per total accumulated volume, by July 14, 2019.

Future Plans

ZedXe envisions scaling its exchange platform to integrate the finance market. Shariq Hashmi, ZedXe Founder & CEO, said, “We intend to obtain a Crypto Banking licence for our ZFL Finance option in order to integrate it with different corporate finance sectors.” Besides, a strategic roadmap is being worked upon to enable traditional assets trading on ZedXe exchange. Platforms like MT4 and MT5 would facilitate trading of all majors, minors and exotic currency pairs at high speed.

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