LYOTRADE, one of the fastest-growing centralized crypto exchanges, and LYOWALLET, a non-custodial wallet, have listed the tokens LFi and cLFi, making them available for buying, selling, and trading. The listing will grant these tokens exposure among traders and crypto users around the world, bringing the LFi ecosystem closer to its vision to revolutionize the crypto industry. 

The LFi token is the native token of the LFi ecosystem. It grants users access to a wide array of services offered within the network and is utilized for transactions, facilitating seamless crypto transfers and token minting. Meanwhile, cLFi is the network’s minting utility token. With this, users can access the network’s Proof of Coverage minting mechanism. 

LFi and cLFi tokens were first listed on the LYTORADE exchange in April 2023 and on LYOWALLET in June. 

The LYOTRADE Exchange 

Established in 2021, LYOTRADE has become one of the rising centralized cryptocurrency exchanges in the world. The platform is dedicated to providing a reliable  environment for cryptocurrency trading, placing the utmost importance on safeguarding user assets. With a range of features and minimal fees, LYOTRADE ensures efficient and user-friendly crypto-to-crypto trading experiences.

Beyond its core trading functionality, LYOTRADE offers an array of services designed to enhance its overall user experience. One service that users should explore is staking, which enables users to earn rewards by holding specific cryptocurrencies in their LYOTRADE wallets. This feature allows users to passively grow their digital asset portfolios while actively participating in the network's staking mechanisms.

The exchange also caters to diverse trading preferences by supporting multiple trading options: 

• Users can engage in spot trading, taking immediate ownership of the traded cryptocurrencies. 
• Margin trading is available for those seeking to improve their trading positions by borrowing funds to trade with leverage. 
• Futures trading allows users to speculate on the future price movements of cryptocurrencies. 
• Additionally, LYOTRADE offers ETF (Exchange-Traded Fund) trading, providing exposure to a diversified portfolio of digital assets.

LYOWALLET, a Non-custodial Wallet

LYOWALLET is a non-custodial wallet created by the LYOPAY ecosystem to prioritize the reliability and privacy of its users. It empowers individuals to engage in the seamless purchase and trading of cryptocurrencies and digital assets, including LFi and cLFi, without compromising their personal information. A distinctive feature of LYOWALLET is its commitment to keeping sensitive data fully protected. Consequently, users must be aware that the responsibility for safeguarding private keys rests solely with the wallet's owner.

In contrast to custodial wallets, where a third party assumes control over private keys, LYOWALLET provides users with a unique set of 12 words that comprise their private key. This will grant them complete control and ownership of the cryptocurrencies held within the wallet.

Trade cLFi and LFi Now! 

The reach and visibility of LFi and cLFi tokens will increase as it gets listed on LYOTRADE and LYOWALLET. This will also strengthen their credibility within the crypto community. As LFi continues to pave the way for advancements in the digital asset space, LFi’s milestone sets the stage for further growth and sets LFi on a trajectory to fulfill its vision. 

Website 🔗 https://lfi.io/ 

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