LYO listed on 7 crypto exchanges

Every listing on a new crypto exchange is a great achievement of LYOPAY because it supports the value of LYO token, and its growth as per the volume market.

The adoption of cryptocurrencies has taken off since 2017 with many newbies looking to invest in the market and take advantage of its rising price.

The safest way to trade LYO and other cryptocurrencies is through crypto exchanges.

What are crypto exchanges?

A crypto exchange is a private company that provides online cryptocurrency wallets to its users in which they can deposit cryptocurrencies and transfer cryptocurrencies from them.

At the same time, a crypto exchange acts as a broker for the exchange between different cryptocurrencies and allows users to sell cryptocurrencies for traditional currencies (euro/USD or stable coins).

Their last and most useful function is that the user can deposit money into them and buy cryptocurrencies or transfer to their bank account money from cryptocurrencies they sold.

The key element of a crypto exchange is that the exchange gives users access to cryptocurrency online wallets.

An electronic wallet is a digital medium that allows the possession of cryptocurrencies such as Bitcoin, Ethereum, Puppy coin, and LYO.

What differentiates crypto exchanges from other exchange platforms is that they provide users with access to electronic wallets where they can deposit cryptocurrencies or send cryptocurrencies to a wallet outside of the exchange, like LYO Wallet.

LYO is listed on the following 7 crypto exchanges

LYOTRADE

BitMart

BitMart will be the 2nd largest among the crypto exchanges where Lyocredit is listed!

LBANK

We are happy to announce that LYO token is available on LBank, the world-class digital crypto exchange. Active from 2015, being listed on this exchange will support LYO market cap.

Bibox

LYO is happy to join Coinsbit, a crypto exchange operating since 2018! This milestone will support the value of the token, and its growth as per the volume market. LYOPAY members will trade and make transactions with LYO Credit token.

Listed on EXMO crypto exchange will support LYO market cap.

HitBTC

To understand the wallet usage you should therefore familiarize yourselves with the concepts of address and key:

Address

An address is a random set of numbers and letters that represent a type of unique number similar to a bank account number. For example, here is the Bitcoin creation address – the first ever Bitcoin address: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa. You can freely share your public address with others. This way, users can send cryptocurrency to your address.

There are two types of keys:

1. public keys
2. private keys

Public keys are comparable to account numbers. They can be freely shared with everyone and anyone can send LYO tokens to them. Private keys, on the other hand, must remain private, as their name suggests. You can think of them as a kind of PIN or verification code, which together with the corresponding public key gives you access to the actual cryptocurrencies on the blockchain.

LYO Credit (LYO) token never stops and soon it will be listed on a new exchange!

Being on many crypto exchanges boost the growth of LYO token market and its value. Stay tuned for the next listing announcement!