Lykke Announces the Listing of Polkadot

Zug, Switzerland. – September 20, 2021. Lykke Corp, a fintech firm running the commission-free cryptocurrency exchange Lykke Wallet, announces the listing of DOT, the native cryptocurrency of Polkadot. Polkadot is a scalable, interoperable and secure network protocol for the next generation Internet. Lykke makes it possible to trade DOT without fees. Lykke Wallet is one of the crypto exchanges with the lowest fees at all. The trading fee is zero, the fiat deposit and withdrawal fees are covered for the clients by Lykke (except for the correspondent bank fees). Therefore, both retail and API traders can trade cryptocurrency, such as DOT, without paying fees at Lykke. Polkadot is a true multi-chain application environment where such features as cross-chain registries and cross-chain computation are possible. Polkadot can transfer these data across public, open, permissionless blockchains as well as private, permissioned blockchains. Polkadot envisions an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain. “We would like to welcome Polkadot to Lykke. DOT is one of the leading and prominent assets in the crypto industry, we are truly delighted to integrate such an inspiring open-source project with a great potential for scalability”, said Richard Olsen, Lykke’s CEO. Trading Pairs DOT/BTC DOT/ETH DOT/CHF DOT/EUR DOT/USD DOT/GBP Deposits, Withdrawals, and Trading will be enabled as of today, September 20, 2021 (Listing Date). About Lykke Lykke Wallet is a commission-free cryptocurrency exchange integrated with a cryptocurrency wallet. Its fee-independent business model and powerful market making algorithms create conditions for highly cost-efficient trading. The trading fee at Lykke is completely zero, while the buy-sell spreads remain low. Lykke’s vision and goals are nourished by scientific research in economics and high-frequency finance. The latter is also the basis for the exchange’s zero fee policy, which essentially means that both retail and API traders or investors can trade cryptocurrency with no fees. Get registered to explore the exchange!

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Lykke Wallet Crypto Exchange Lists Tezos (XTZ)

Zug, Switzerland. – September 6th, 2021. Lykke Corp, a financial service and product provider based in Switzerland announces the listing of Tezos (XTZ) at its proprietary commission-free cryptocurrency exchange Lykke Wallet. Tezos is a self-amending cryptographic ledger that achieves consensus not just about the state of the ledger, but also about the state of its own protocol. One of the best known in the cryptocurrency world blockchains, Tezos is built on the values of top security, community governance, and energy efficiency with its proof-of-stake validation protocol. Clearly focused on long-term goals, Tezos is developed with the view of addressing the current blockchain technology inefficiencies, such as poor scalability, obsolete smart contracts and rigid infrastructure resistant to forkless upgrades. “Lykke’s financial engineering is blockchain agnostic, but we support the development of disruptive DLTs that address the inefficiencies of blockchain technology. The Tezos listing allows us to expand our asset list by adding a highly requested and valued by our community cryptocurrency”, said Richard Olsen, Lykke’s CEO. Trading Pairs XTZ / USD XTZ / EUR XTZ / BTC XTZ / CHF XTZ / GBP Tezos deposits, withdrawals, and trading will be enabled as of today, September 6th, 2021 (Listing Date). About Lykke Lykke is a Swiss-based financial product and service provider leveraging the power of the blockchain. Lykke runs a proprietary exchange — Lykke Wallet — integrated with a cryptocurrency wallet. Lykke clients can buy, sell and trade a large variety of cryptocurrencies directly with fiat, without trading fees and with low spreads. A sophisticated market making engine allows us to maintain the overall transaction costs highly efficient for the users. While the regulatory compliance and a robust exchange architecture create a safe trading environment.

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Lykke will support the Ethereum London Upgrade

On August 5th, 2021 the Ethereum network will undergo a protocol upgrade on the block 12 965 000. Lykke formally announces that it will support the Ethereum London Upgrade. What is a network upgrade? A network upgrade is just a way to change the rules of the network with the main purpose of improving the system. Given the decentralized nature of blockchains, it requires the collaboration and agreement of the community and developers on the Ethereum Improvement Proposals (EIPs) that the upgrade will include. What will happen to my Ether (ETH)? You do not need to do anything. However, it is important to know that we will disable withdrawals and deposits for ETH and ERC20 assets during the day (August 5th, 2021), and we will enable them once our development team sees that the network is stable and is safe to re-enable normal operations. ETH and ERC20 tokens trading within Lykke Wallet Exchange will not be affected. This is what users can expect to happen: ETH and ERC20 tokens deposits and withdrawals will be halted on August 5th, a few hours before the upgrade event.  ETH and ERC20 tokens deposits and withdrawals will stay disabled until the upgrade is completed and our development team believes it is safe to enable normal operations. We would like to clarify that the trading for ETH and ERC20 tokens will not be disabled and users will be able to trade during the upgrade. Users will not receive any tokens corresponding to the legacy network, irrespective of their value. Should you have any further questions please do not hesitate to contact us at support@lykke.com

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Uniswap on Lykke Wallet Exchange

Zug, Switzerland. – July 8th, 2021. Lykke Corp, a fintech company and builder of marketplaces for digital financial assets, announces the listing of Uniswap. Uniswap is a protocol for trading and automated liquidity provision on Ethereum. It creates liquidity for millions of users and hundreds of Ethereum applications. Uniswap is open-source software licensed under GPL, it offers a range of products from analytics and historical data to an app that allows to swap any ERC-20 tokens thanks to creating liquidity even for new and low volume assets. Uniswap is built on such values as decentralization, censorship resistance and security and supported by a huge community of users and developers. “We are excited to welcome Uniswap, one of the top open-source blockchain technology protocols backed up by a great community of developers and users. We totally share their mission of building a financial marketplace that is open and accessible to all”, said Richard Olsen, Lykke’s CEO. Trading Pairs UNIUSD UNIEUR UNIBTC UNICHF UNIGBP Uniswap deposits, withdrawals, and trading will be enabled as of today, July 8th, 2021 (Listing Date). About Lykke Lykke is a Swiss-based investment and financial product provider leveraging the power of the blockchain. Lykke runs a proprietary exchange — Lykke Wallet — where clients can buy, sell and store a large variety of tokenized assets, amongst them cryptocurrencies, national currencies, and native tokens.

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Lykke Wallet - Delisting Assets Update 2021 - Part 1

Zug, Switzerland. – May 5th, 2021. As most of our users are aware we are in the process of reviewing all assets listed on the Lykke Wallet Exchange. Please find below the list of assets that we have delisted or are in the process of delisting from the Lykke Wallet Exchange. HBZ - Helbiz - (May) QNTU - Quanta Utility Token - (May) LCD - Lucyd - (May) FREC - Freyrchain - (May) IPS - Ipstock - (May) SLR - SolarCoin - (April) MSP - Mothership - (April) MTL - Metal Pay - (April) VIB - Vibrate - (April) WPR - WePower - (April) ZIL - Zilliqa - (March) REP - Augur - (March) GNT - Golem - (March) REQ - Request - (February) LGL - Legal - (February) DNT - district0x - (February) DYN - Dynamic - (February) VEN/VET - VeChain - (February) AE - Aeternity - (January) IOST - Iost - (January) LOC - LockTrip - (January) XEM - NEM(New Economy Movement) - (January) ZRX - 0x - (January) We would like to remind you that sending any of the above-mentioned tokens to Lykke Wallet will mean the loss of the transferred assets. Therefore, we highly encourage you before sending any assets to Lykke to verify that the asset you are sending is supported by the platform. Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Lykke will make best efforts to offer great service, but will not be responsible for your trading losses. If you happen to have any questions please do not hesitate to contact our support team at support@lykke.com.

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Lykke Joins the International Association for Trusted Blockchain Applications

Zug, Switzerland. – April 27, 2021. The Swiss start-up Lykke joined INATBA (International Association for Trusted Blockchain Applications) — located in the heart of Europe, the global blockchain association serves as the bridge between public and private entities in the blockchain ecosystem. Lykke is pleased to join INATBA, like them we feel a strong drive towards the regulatory path, we believe that a regulated market will provide transparent and inclusive investment opportunities based on blockchain technology for everyone. We are eager to contribute to and adopt their guidelines and global standards. INATBA facilitates positive change in the blockchain ecosystem. They are fully dedicated to supporting and promoting INATBA members as part of their work to bridge public and private entities and promote global blockchain adoption across diverse fields such as law, finance, and education. Lykke has always aimed to bridge the gap between traditional finance and blockchain, by lowering barriers to market entry, solving inefficiencies within the current economic system, and democratizing access to digital asset marketplaces, all by leveraging the power of a broader ecosystem. About INATBA Located in the heart of Europe, the global blockchain association INATBA aims to maintain a dialogue with public authorities and regulators, promote an open, transparent and inclusive global model of governance for blockchain and DLT, support the development and adoption of guidelines, specifications, and global standards. Learn more about INATBA’s work by visiting the website and following them on Twitter and LinkedIn. About Lykke Lykke is a Swiss-based global fintech firm that utilizes blockchain and emerging technologies to provide solutions for consumers, investors, and corporations. By leveraging the power of a broader ecosystem, Lykke’s platforms eliminate barriers to market entry, solve inefficiencies within current economic systems, and democratize access to digital asset marketplaces. Learn more about Lykke’s work by visiting the website and following Lykke on Twitter and LinkedIn.

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Lykke Wallet Security Measures

Security is a trending topic in the blockchain industry: How to protect your funds against hackers? How to store the private key? Who should be responsible if a DeFi platform is hacked? These and many other questions related to security issues cause a headache both to the cryptocurrency service providers and their clients.

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Anonymity versus regulation in cryptocurrency trading: what’s the trend?

With mass adoption, hopefully, around the corner, a smaller and smaller proportion of the growing cryptocurrency user base knows where the debate about anonymity - regulation comes from.

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Crypto exchange with 0 fees: a level playing field

Lykke Wallet is a blockchain-powered commission-free platform for cryptocurrency trading and forex, on which all exchange operations are executed without fee. At Lykke Wallet, users can trade with zero fee some 50+ cryptocurrencies including Bitcoin and 20+ forex pairs starting from as low as a 1 euro deposit. The 0 crypto fee policy is valid both for retail or corporate and API traders, who can take advantage of the zero taker and maker fees to execute their trading strategies. The very fact that Lykke Wallet is a free cryptocurrency trading platform, makes it different from the majority of other crypto exchanges with lowest fees. Indeed, we consider that the 0 trading fees are an important step in democratizing finance through blockchain and here’s a number of reasons why.

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How to buy Cryptocurrency with Swiss Francs (and without Fees)

Are you wondering where and how to buy cryptocurrencies with Swiss francs with as low fees as possible? In this article, we will explain to you how to buy Bitcoin and other top crypto currencies directly with CHF and with no trading fees at Lykke Wallet.

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Picking Richard’s brain

Richard is a pioneer in high-frequency finance. With Lykke, he pursues his ambition to transform financial markets into a seamless ecosystem resolving the inefficiencies of the current financial system. 

In the first segment of this short interview, Richard shares with us his views on financial markets’ fairness, the key factors for success in trading and API trading.

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