The information about the LCX (LCX) token is as follows: LCX is an ERC-20 token launched on the Ethereum blockchain, serving as the native utility token of the Liechtenstein Cryptoassets Exchange (LCX), a regulated blockchain ecosystem founded in 2018 by LCX AG, headquartered in Vaduz, Liechtenstein. The token was introduced through a token generation event (TGE) in March 2019, with an initial total supply of 1 billion LCX tokens, later reduced by 50 million through planned token burns, resulting in a maximum supply of 950 million tokens. LCX operates as a centralized cryptocurrency exchange and fintech platform, focusing on bridging traditional finance with digital assets through compliant trading, tokenization, and advanced blockchain services. The official smart contract address for LCX on Ethereum is 0x037a54aab062628c9bbae1fdb1583c195585fe41.

The LCX token powers various functions within the LCX ecosystem. It is primarily an exchange-based utility token used to pay fees across LCX’s services, including trading fees on the LCX Exchange, custodial fees for LCX Vault, and transaction fees for fiat-to-crypto conversions. Holding LCX tokens grants users benefits such as up to a 50% reduction on trading fees at the LCX Exchange and full access to the LCX DeFi Terminal, which includes a second-layer protocol for placing limit orders on Uniswap. Additionally, LCX tokens are integral to the platform’s tokenization efforts, enabling the signing, encryption, and securing of digital assets on the blockchain. This includes participation in token sales hosted on the LCX Launchpad, where LCX tokens are required as a transaction fee, and subscriptions to LCX Earn, a crypto-denominated tokenized bond offering fixed yields on assets like Bitcoin, Ethereum, Euro, and LCX itself, approved by Liechtenstein’s Financial Market Authority.

LCX distinguishes itself with a strong emphasis on regulatory compliance, having secured nine blockchain-related registrations from the Financial Market Authority Liechtenstein, making it a pioneer in offering a broad scope of blockchain services legally. The platform supports trading of cryptocurrencies, security tokens, and tokenized assets, and provides tools like the LCX Terminal for multi-exchange trading and LCX Assets for asset management. Posts on X and web sources highlight LCX’s role in advancing tokenization, with innovations like the Liechtenstein Protocol—a blockchain-agnostic standard for digital securities built on Ethereum and adaptable to chains like Polkadot and Cardano. The token’s utility extends to paying for listings, exchange memberships, and other ecosystem fees, positioning LCX as a key player in the future of compliant digital finance.