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Latoken Exchange Review : It Is Good Or Bad ?

Denny Bitsong by Denny Bitsong
16/02/2023
Latoken Exchange Review : It Is Good Or Bad ?
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About Latoken Exchange

Latoken Exchange is a rapidly growing crypto exchange focusing on liquidity for new tokens. LATOKEN entered CoinmarketCap’s Top-20 in March 2019 and keeps improving the result. Besides crypto trading, eligible LATOKEN users can participate in selected Tokens Sales at pre-sale and crowdsale stages. Security Token Offerings (STO) are also available on LATOKEN crypto exchange. LA is listed on seven exchanges, including HitBTC (Top 10) and we’re working on listing LA on other major exchanges.

Latoken Exchange Know Your Customer (KYC) is an identity verification procedure conducted by LATOKEN officials to ensure that our clients meet certain compliance requirements.

Latoken Exchange Basic Points

Exchange NameLatoken
Accepted Payment MethodsCrypto to Crypto, Crypto to FIAT
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Maker fee0.06%
Taker fee0.06%
Withdraw Fee 840
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Latoken Exchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At Latoken Exchange . Just Click On Sign Up Button At Latoken Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Latoken Exchange ?

Once your Latoken account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit with (BTC/USDT/ETH/DOGE) and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Latoken Exchange ?

Once your account is funded, you can then begin day trading at Bitfinex. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade.Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Latoken Exchange ?

Withdrawing your funds from Latoken is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

How To Verify Id At Latoken ?

You Can Start Trading On Latoken Without Going Through The Verification Process, However, In Order To Trade Fiat Currencies For Bitcoin Or To Trade With Stablecoins, Id Verification Is Needed. Depending On The Account Type (Individual Or Corporate), The Exchange Can Require Additional Documents.

Spot Trading Fees

Latoken rewards users who trade more, by offering a flexible trading fee schedule that beats our competitors’. system measures and updates your previous 30 day trading volume every minute including all trades across all crypto pairs. Then it is converted into a USDT equivalent using prices across 17 exchanges. You can check your previous 30 day volume and its corresponding fee level on your profile page. New fee level only applies to newly placed orders. And the most exciting part is that your fees may be lower even tomorrow!

Level30d Volume, $MakerTaker
1Less than $10.0k0.49%0.49%
2$10.0k – $50.0k0.39%0.39%
3$50.0k – $100.0k0.29%0.29%
4$100.0k – $250.0k0.12%0.19%
5$250.0k – $1.0m0.07%0.11%
6$1.0m – $2.5m0.06%0.09%
7$2.5m – $10.0m0.04%0.07%
8$10.0m – $20.0m0.02%0.05%
9More than $20.0mZero0.04%

2FA Guide

Latoken As the Internet infrastructure grows in complexity, so do hackers in the sophistication of their methods. A standard login-password pair, therefore, may be not enough to keep your funds in safety. If a hacker gets access to your e-mail, your deposits might be in danger. To prevent this from happening, we recommend you to enable two-factor authentication (also known as 2FA). It requires physical access to your device to log in, thus significantly increasing the degree of security. You will be asked to enter your 2FA code each time you login to your account or submit a withdrawal request.

Important notice:
2FA is required for any transaction, otherwise you will not be able to proceed with it.

At Latoken we have two options for users to receive their 2FA code, along with an additional layer of security via E-mail Verification code, that can not be disabled. You can learn more about each option by clicking links below:

Google Authenticator

Used to confirm and secure transactions. Strongly recommended for account security

SMS Verification

Alternative option to Google Auth, less secure but also works for transactions

Email Verification

Additional layer of security that can not be disabled on any account

Deposit Fees

The charge fees for all USDT deposits and a fee for deposits in other cryptocurrencies

Withdrawal fees

Their withdrawal fees are charged in the cryptocurrency you wish to withdraw. View the table below to get familiar with the withdrawal fee for the cryptocurrency you are interested in. They regularly update our withdrawal fees based on the market and blockchain conditions.

Latoken Exchange Review

Security on the Platform

Encrypted Keys

Latoken All private keys for our wallets are encrypted with AES-256 and are stored offline

Password Security

Passwords in our database are encrypted using Salted SHA-256.

Secure Storage

Latoken 99.5% of our users’ funds are kept in a cold storage with multi-signature technology

Data Transmission

All data from website is transmitted using encrypted Transport Layer Security (TLS) connections (i.e., HTTPS)

DDOS Protection

Latoken Advanced distributed system architecture built to protect against DDoS to ensure that trading cannot be halted by outside attacks

2FA Verification

Two-Factor Authentication (2FA) is required for actions such as withdrawals or changes in account settings

Tags: Latoken ExchangeLatoken Exchange loginLatoken Exchange review
Denny Bitsong

Denny Bitsong

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .