BTSE will list the Lukso (LYX) token on June 28, 2024, making it available for spot trading. Additionally, LYX will be listed on BTSE’s wider ecosystem of 20+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade LYX via the LYX/USD, LYX/USDT, and LYX/USDC trading pairs.
Key Dates
- Deposits enabled: 4:00 PM (Singapore Time) on June 27, 2024 (supported network: LUKSO)
- Trading enabled: 04:00 PM (Singapore Time) on June 28, 2024
- Withdrawals enabled: 11:00 AM (Singapore Time) on June 28, 2024
About Lukso
LUKSO (LYX) is a versatile tokenization protocol designed to simplify the integration of fashion and lifestyle products onto the blockchain. With a skilled team of developers, LUKSO offers several unique features that set it apart.
Co-founded by Fabian Vogelsteller, a highly respected figure in the blockchain industry, LUKSO benefits from his extensive experience and innovative contributions. Vogelsteller, a key member of Ethereum’s core team, is renowned for developing the ERC-20 token standard and other significant market advancements.
At the heart of LUKSO is the distinction between digitization and digitalization. Digitization involves converting products or processes into a digital format, enabling benefits similar to web2 services, such as easy transfers. On the other hand, digitalization transforms the entire business model to incorporate new features made possible through tokenization.
What you need to know about LUKSO
LUKSO’s core principles bridge the gap between physical and digital products, enhancing personal experiences and fostering strong, interconnected communities through identification, virtualization, and tokenization.
Identification:
LUKSO’s solutions for the modern digital lifestyle, enabling unique and interoperable digital identities for both participants and objects. These identities allow for seamless interactions and transactions across different ecosystems and platforms.
Virtualization:
Lifestyle production models are being revolutionized by leveraging the full potential of virtualization, enabling the creation of immersive digital experiences in entirely new ways.
Tokenization:
Tokenizing creative communities allows value to flow freely among participants, strengthening customer experiences, commitments, and relationships through vibrant token economies.
Users can deposit/trade LYX tokens on the BTSE website or mobile app here.
For more information, visit LUKSO’s official website or download LUKSO’s official whitepaper here.
Trade on the go — download the BTSE mobile app (iOS/Android)
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at feedback@btse.com or on X @BTSE_Official.
Note: BTSE blog content is intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.
