LordToken is a crypto-asset trading platform built on Binance Cloud. The LordToken platform enables the development of a decentralized trading application to exchange crypto assets. The platform also includes the implementation and maintenance of the LordToken Exchange Trading mobile app with better editorial policy and quality customer support.
The platform seeks to provide services to its users 24/7 on their computers, tablets, or mobile phones. LordToken also aims to provide 100% liquidity available in the marketplace by collaborating with market leaders in cryptocurrency trading. The platform attempts to incorporate an anti-phishing system and 2FA authentication to provide the platform with maximum security.
According to the whitepaper, the LordToken platform seeks to offer a "social trading" service to its users. The service allows users to dedicate all or a portion of their digital asset portfolio to real-time copying of deals performed by traders via the LordToken platform.
The LordToken interface's utility token is LTT. LTT is a fungible BEP-20 token on the Binance Smart Chain network. The BEP-20 token is considered a standard token on the Binance Smart Chain. The LTT token seeks to enable staking and burn procedures as well. ( Coin burning is the procedure of removing tokens from circulation.) Users must open a Binance Smart Chain wallet to transfer or trade using their funds. The digital assets allowed for purchasing LTT tokens are USDT, BTC, ETH, or BNB tokens.
LTT is used to help recognize many successful traders by organizing trading contests. The LTT token fund is a membership program that helps LordToken consumers gain traction via airdrops.