In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Exotrust on April 10, 2024. Users of LBank Exchange can brace themselves for the EXOT/USDT trading pair, which went live already.
Exotrust serves as the payment currency on the ExotrustX platform, a Real World Asset project facilitating the trading of diverse real assets including financial products, emerging market stocks, private equity fund investments, and agricultural farmland, while ensuring security through KYC and AML procedures.
Central to the ExoTrustX ecosystem is the Exotrust Token , a pivotal digital currency that facilitates transactions on the platform. The introduction of EXOT through a meticulously regulated KYC/AML process underscores its significance within the decentralized finance sector.
The ExoTrustX platform innovatively addresses the inefficiencies plaguing traditional financial markets by eliminating redundant intermediaries and manual processes, promising a cost reduction of 30-70%. Its tokenization process, supported by the unique “Introduce Real Asset On-Chain” method, allows community members to invest in real assets in a manner similar to IPOs and ICOs.
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Source: CryptoAmb - 🏆 22. / 68 Read more »