LCX, the Liechtenstein Cryptoassets Exchange, is a fintech company that has been contributing to capital markets since 2018. With five years of innovation, LCX has significantly influenced the digital asset industry by delivering a robust blockchain infrastructure, characterized by exceptional security, efficiency, and transparency. The company has secured nine regulatory registrations in accordance with the blockchain laws by the Financial Market Authority Liechtenstein.
LCX is a member of the World Economic Forum C4IR and has been recognized as a Blockchain Pioneer by the Blockchain Research Institute.
On 17 July 2023, LCX announced that it is preparing to list the XRP token. This event is scheduled to take place on July 20, 2023, at 3 PM Central European Time (CET). From this date, LCX will support the XRP token, expanding its offerings.
According to LCX, XRP is a cryptocurrency token primarily used to transfer funds across borders swiftly and at a low cost. It serves as a bridge currency, offering financial institutions a cost-effective way to exchange both crypto and fiat currencies.
Deposits for XRP will open on July 20, 2023, at 3 PM CET. Initially, trading will be in Post-Only Mode, transitioning to Full Trading Mode once the pairs reach minimum liquidity. The three trading pairs to be listed are XRP/USDC, XRP/EUR, and XRP/LCX.
To deposit XRP on the LCX Exchange, users need to go to LCX Accounts > Wallet, scroll down to $XRP, click on the “Deposit” tab next to $XRP, and send $XRP to the displayed address.