LVX LVX

Rank ?

$ 0.00362036

LVX Price (LVX)

LVX to USD Price Chart

What is the current price of LVX?

The current price of LVX can be checked on the main page of our website, which is updated regularly to reflect the most recent market data. We track the latest prices, market capitalization, and percentage changes over different periods to provide you with the most accurate and up-to-date information on LVX's performance in the cryptocurrency market.

What Is LVX?

LVX is the native utility token of the Level01 platform. The platform aims to revolutionize the trading market through a decentralized approach, focusing primarily on derivatives and options trading. LVX is used as the main medium for transactions within the Level01 ecosystem, facilitating trade executions, stakeholding, and serving as the base currency for any rewards or settlements on the platform.

Who Are the Founders of LVX?

The founders of LVX are part of the team behind the Level01 platform. They are individuals with expertise in various fields including finance, technology, and blockchain. Level01 was founded with the vision of leveling the playing field in the derivatives trading market through the use of blockchain technology. If you would like more information on the founders, please refer to the official Level01 platform's website or their official communication channels.

How does LVX work?

LVX works within the Level01 ecosystem, allowing users to trade derivatives and options in a peer-to-peer manner, without the need for an intermediary. The token is designed to be used for staking, which is a requirement to participate in trades, and also for settlement of trade profits and losses. Traders can use LVX to create their own contracts or participate in contracts created by others. The platform employs advanced technologies like AI algorithms to provide fair valuations of contracts, reducing the risk of unfair pricing.

What Makes LVX Unique?

LVX is designed to be an integral part of a platform that democratizes derivatives trading by using AI and blockchain technology. Its uniqueness lies in the combination of these technologies to create a transparent, fair, and accessible trading environment that is less reliant on traditional financial intermediaries. Level01 claims that their AI, known as "FairSense," helps to provide impartial predictions and valuations, which contribute to a fair trading experience.

What Is the Total Supply of LVX?

The total supply of LVX tokens is capped, ensuring scarcity and potentially reducing the risk of inflation. The maximum total supply is designed to be finite, similar to how other cryptocurrencies establish a limit to prevent dilution of value. For the exact total supply of LVX tokens, please refer to the latest data available on our website.

How Is the LVX Network Secured?

The security of the LVX network is upheld by the underlying blockchain technology that it's built on. While Level01 does not disclose the specific technical security measures, blockchain networks typically ensure security through cryptography, consensus algorithms, and by maintaining a distributed ledger that's resistant to tampering and fraud. Users are encouraged to practice safe security measures, like using strong, unique passwords and enabling two-factor authentication wherever possible.

How Much LVX Is in Circulation?

The circulating supply of LVX is a figure that represents the number of tokens that are currently available for trading in the market. This number can change as tokens are released according to the token emission schedule set forth by Level01 or as tokens are locked or unlocked. For the most current circulating supply of LVX, you can check the data provided on our website, which is regularly updated.

Can LVX Be Used Beyond Trading?

Although primarily used within the Level01 trading ecosystem, LVX might have other use cases that contribute to the broader Level01 vision. These could include governance, where token holders can vote on platform updates or changes, and possibly other future functionalities as the platform evolves.

Where Can You Buy LVX?

LVX can be purchased on several cryptocurrency exchanges. To find out which exchanges offer LVX for trading, please consult the list of supported exchanges on our website. Always ensure to use reputable exchanges and to follow recommended security practices when buying or trading cryptocurrencies.

View similar coins

LVX Links

Recently Added Cryptocurrencies

Omni Network LogoOmni Network Parcl LogoParcl Pepy coin LogoPepy coin ZionWallet LogoZionWallet degwefhat Logodegwefhat Tombili the Fat Cat LogoTombili the Fat Cat ATC Launchpad LogoATC Launchpad Crypto Valleys YIELD Token LogoCrypto Valleys YIELD Token

Crypto Pro - Crypto Tracker

Try our Crypto Pro app

Live Prices, Widgets, Alerts, Portfolio, Apple Watch app