LCX, the Liechtenstein Cryptoassets Exchange, has been making waves in the cryptocurrency community ever since it was first announced back in early 2018. The exchange is unique in that it offers both a traditional fiat-to-crypto exchange and a crypto-to-crypto exchange, allowing users to easily buy and sell a variety of digital assets.
Now, LCX is looking to expand its reach even further by listing on one of the world’s largest cryptocurrency exchanges, Binance. Binance is currently the world’s second largest exchange by trading volume, so listing on the platform would be a major coup for LCX.
So far, there is no official word from either LCX or Binance about whether or not the listing will happen, but there are a few factors that suggest it is very likely. First of all, Binance has been actively courting fiat-to-crypto exchanges lately, with the recent launch of its own fiat-to-crypto exchange in Uganda.
Listing LCX would give Binance another foothold in this growing market.
Secondly, Binance has been very supportive of LCX in the past. The two companies have partnered on a number of initiatives, including a joint venture to launch a cryptocurrency academy in Liechtenstein.
This close relationship suggests that Binance is interested in working with LCX on a long-term basis.
Finally, it is worth noting that Binance CEO Changpeng Zhao has previously hinted that his company is interested in listing LCX on its platform. In an interview with Cointelegraph back in March 2018, Zhao said that he had been “impressed” with LCX and that Binance was “definitely considering” listing the exchange.
All things considered, it seems highly likely that LCX will be listed on Binance in the near future. This would be a major win for both companies and would help to further legitimize the cryptocurrency industry as a whole.