Lala World, a Decentralized Financial Ecosystem, is now part of the state of the art crypto exchange market, KuCoin. The new token is now available, and users can deposit. Supported trading pairs include LALA/BTC, LALA/ETH.
The schedule below is as follow:
LALA Withdrawal: 20:00 May 20, 2018 (UTC+8)
LALA Buying order: 21:30 May 20, 2018 (UTC+8)
LALA Selling order: 22:00 May 20, 2018 (UTC+8)
About Lala World
LALA World (“LALA”) is all about migrants and their unbanked households. It’s an ECOSYSTEM authorized by the LALA Wallet as a PLATFORM, a single sign-on platform revolving around their concerns and difficulties. Employment issues, digital ID’s, communities build up, government and NGO partnerships, health issues, and a new financial ecosystem for the substantial underbanked population by capitalizing the Blockchain innovation to link the gap between cash, digital and the crypto world. By building a whole new peer to peer ecosystem, LALA intends to revolutionize the way individuals, small businesses and micro-entrepreneurs transact, make payments, borrow money and associated products like insurances, domestic and cross-border remittances, cards and other general banking products.
The business is launching an Ethereum-based token that will be the catalyst for the whole LALA ecosystem, which is itself supported by the LALA wallet platform. This single interface strives to connect the unbanked population with various development drives that reach far beyond the financial system. It involves employment, digital ID, government organizations, and health.
Although the company is favoring heavily on the ERC20 protocol, it is also studying at ERC223 and may one day launch its blockchain.
Buyers of the first 125 million LALA tokens are qualified to receive a loyalty bonus on their first investment. This reward is as high as 25% for the first 25 million tokens.
LALA’s team is directed by founder Sankalp Shangari, an ex-banker who has had ended at Deutsche Bank and J.P. Morgan Chase. He arrives to have a solid track record administering with government, banks and other financial institutions. This sort of arrangement is needed for a project of this kind.
Shangari has four other core team members spanning revenue, technical, partnership and AVP technology areas. The advisory team is even more prominent and consists of blockchain specialists from around the world. It may account for the lack of conclusive blockchain activity at the main organizational level.
LALA is a profoundly aggressive project that endeavors to go beyond bringing the unbanked online. It strives to revolutionize the way people, companies and entrepreneurs transact, make payments and borrow money. The ICO has a robust profile but may operate into implementation dangers as the size and extent of the project expands.
Cryptocurrency is one of the hottest investments in the online world today. If you want to jump on the bandwagon, a bit of research and reading cryptocurrency articles can help you understand what this investment is all about.
You can start by reading information and following the guidelines below.
Investing in Cryptocurrency
If you want to join the world of cryptocurrency, you may have some idea now about the top cryptocurrencies to invest in. KuCoin is one of the most popular crypto exchanges today. It has gathered a continuously growing number of advocates who see a bright future for this crypto exchange.
There are many investors of cryptocurrencies in the past who have been successful. More people are also getting interested in this venture and start looking for the best trading platform for the cryptocurrency. KuCoin aims to cater to these kinds of people. They want holders to get profits from the exchange.
You may not have invested in cryptocurrency five years ago, or 2 years ago, it is not too late for you to begin now. Now is the time to create your portfolio and experience the gains soon.
To Invest or Not to Invest?
There are several reasons why you should spend in cryptocurrency, but the top reasons are:
- You like technology and would like to make the most of it.
- You dream of hard, free money in the future, and it could be possible with the help of cryptocurrency.
- You want to grow your net worth it cases the dollar imperium will fall in the future.
On the other hand, be wary and take extra careful concerning investing in cryptocurrency when:
- You purchase a massive amount of tokens during a bubble for the reason that you will miss out.
- You want to invest in cryptocurrency to get rich quick.
- You invest in cryptocurrency without understanding the subject matter at all.
- Even though the benefits are real, the online world is also swarming with scammers and hackers. The idea is to invest only in something that you can afford to lose suddenly if it is a high-risk investment such as cryptocurrency.
Build Your Portfolio
If you are looking for the best cryptocurrencies to invest in, KuCoin is a standard product for every investment portfolio. Of course, there are those that are dominant in the crypto market such as Bitcoin, but it has been confirmed that there are many other possible assets out there.
One useful technique is to focus on at least ten types of coins in your portfolio. Research and become knowledgeable about those currencies. Later on, you can make a wise decision on the vision of the coin is suitable for your asset choice. Coins like KuCoin can help make your portfolio well-balanced.
The world of cryptocurrency is exciting and somewhat confusing. It seems like every day; some coins are born while others just disappear. Buying KuCoin shares and keeping them is beneficial for you in the long run. You can simply tell that is a good coin, thanks to its expert team, clear vision, and active, growing community.
If anyone is looking for the electronic or digital money to invest, or even buy and sell, KuCoin is the perfect one to try on!
KuCoin is the ideal currency for the crypto world. Its excellent aspects and elements provide a broad variety of cryptocurrencies including KuCoin Shares that anyone can use to acquire or sell coins.
The first ever currency that got every capitalist’s attention is not KuCoin, but it is undoubtedly something that’s worth the risk. It was launched in 2017 by a group of crypto experts.
As of April 2018, there were over one hundred eighty million total supplies of KCS (181,043,076 KCS). More than half of it (91,043,076 KCS) is now on market circulation with an overall market cap of almost $300 billion.
Pros and Cons for KuCoin: No hold bars
PROS of KuCoin:
KuCoin, developed around Hong Kong is a more modern yet not regulated trade supplying immediate exchange utilizing an electronic mail address. Here are some other attributes which can efficiently assist any new or even superior investors today:
- It has an extensive range of cryptocurrencies partnered with Ethereum ETH, Neo, Bitcoin BTC, and surprisingly a lot more.
- It offers an exclusive crypto to another crypto exchange format only.
- It has a low 0.1 percent trading fee plus an incentive scheme based on the stored KCS tokens.
- Unlike other crypto exchanges, verification stage is not a must. KuCoin does not necessarily require it.
- It is an economically wise investment. It usually gives different good promos every month and bonuses for every sign-ups.
CONS of KuCoin:
- KuCoin should have firmer and stronger account regulations to build a stronger and secured platform. Having a secure sign-up process could do good and bad for members. We all know that anyone can start an account without giving much info data. They need a single email address to set up KuCoin account.
- KuCoin’s trading volume can still be optimized. Trading could be more convenient and smooth if they offer a more significant amount of trade quantity.
- KCS is exclusive to crypto trades only. Certainly, not convertible to fiat money.
- Since KuCoin is relatively new in the business, customer service is just improving. It will take time for KuCoin to come up with the perfect and fastest support services that can accommodate all its users and KCS holders. The programs offered and the whole concepts made are all good, a small improvement for the services and everything will be all perfect.
That was September last year when KuCoin was first released in the market. In this early time, KuCoin exchange already got remarkable progress and popularity because of the reasonable fees and variously provided cryptocurrencies. Though KuCoin does not have the same quantity of coins as to other more prominent exchanges, it will be a no surprise if one-day KuCoin becomes the biggest cryptocurrency on the planet.
Cryptocurrencies have been becoming more popularly in the modern society. Cryptocurrency is a digital currency wherein techniques in encryption are used for regulation of generation of units of currency. One of the best cryptocurrencies to invest in and has been trusted and proven by several users is Kucoin.
What to Know About Kucoin?
Kucoin is one of the existing cryptocurrency exchanges available in the market. It was founded by a group of blockchain enthusiasts namely Michael Gan, Erin Don, and Top Lan. Kucoin has been developed in Hong Kong and was launched in September 2017. It has continuously developed ever since then and has already taken the 17th slot as the most active cryptocurrency exchange by volume.
What is Kucoin Shares?
Kucoin shares (KCS) serves as the native token of Kucoin Exchange and makes transactions easier for crypto enthusiasts. Kucoin KCS are used to pay for trading fees and at the same time, it provides users with reward discounts. KCS can be availed on Kucoin exchange and can be stored in wallets that support Ethereum blockchains.
What are The Features of Kucoin Shares?
The features of Kucoin KCS are as follows:
An incentive bonus that is equivalent to 50% of the overall trading fees is provided by KuCoin to KCS account holders. To make this possible, users have to deposit their KCS to KuCoin platform. The platform is responsible to perform the calculations including bonuses based on the KCS holdings of the users at a certain time period. The Kucoin bonus received will be put in the user’s account.
Moreover, there is also an invitation bonus wherein if a user is able to successfully invite another Kucoin user, the former can share the trading fee of the latter as a bonus.
- Trading fee discounts
Trading fees are discounted if there is a certain amount stored in your Kucoin account. For example, 1% discount is provided for 1,000 KCS and it will increase depending on the amount of KCS. Maximum possible trading fee discount is 30%.
- Use of special services
With KCS account, one can have exclusive rights to the use of special services such as customer service Fast-Pass, one-on-one consultations about investments etc.
What are The Market Capitalization and Price of KCS?
In January 2018, KCS was able to achieve its highest price of $20.61 with the market capitalization of $1.8 billion and with a trading volume of more than $24 million daily.
At present, Kucoin shares have consistently been evolving and reigning the market with a total of $380 million plus market capitalization with the price of $4.25. The trading volume is more than $900,000 daily with a circulation supply of more than 91 million KCS.
Kucoin and KCS have continued to remain popular and have helped crypto enthusiasts for several months. With KCS, existing account holders and interested individuals who are willing to try cryptocurrencies will benefit more. Securing and buying Kucoin shares is indeed a big help to have more successful cryptocurrency exchanges.