Lykke and Margin Integration: Crypto Algo Trading with Zero Trading Fees
Zug, Switzerland. – December 16th, 2021. Lykke, a Swiss-based commission-free cryptocurrency exchange and Margin, a German crypto trading automation solution, announce their partnership and the integration of the two platforms. The integration will allow cryptocurrency traders to automate their trading strategies by using Margin trading bots on the Lykke Wallet cryptocurrency exchange. This symbiosis creates truly unique conditions for cryptocurrency traders: easily configurable Margin trading bots and the zero trading fee policy at Lykke make high-frequency trading accessible for almost everyone. Margin developed the first ever dedicated crypto trading terminal back in 2014 with a vision to have a single interface for multiple exchanges. Combining elements of a Bloomberg and MetaTrader terminal experience in which both data and execution are available on a single platform. Focus is placed on easy to configure bots with parameters that are presented in a uniquely visual manner. Under the partnership, Lykke users will receive a special discount to get registered on the Margin platform. To apply the discount, the user will add the code, “Lykke” during checkout and receive 30% off a subscription. The discount only applies for the Starter Subscription plan when using the Lykke exchange option. The plan allows Lykke users to automate their trading strategies at Lykke Wallet crypto exchange. To connect their Lykke account to the Margin platform, the user will connect with part of their API key. Additional instructions are available here. “We are delighted to announce the partnership with Margin and offer our users to test the intuitive interface and the visually configurable trading bots of the Margin platform. Any algotrader knows that trading fees are a hurdle for the successful execution of trading strategies. The integration of the Margin trading bot platform with the zero-fee cryptocurrency exchange Lykke aims to address exactly this inefficiency” - said Richard Olsen, the CEO and founder of Lykke. “From the start, we have been grateful for the professional partnership we have had with Richard and his team. Lykke’s zero-fee concept should grab the attention of many traders in the Margin community who I am sure will be keen to test our bots on Lykke. - Jonathan Maycock, CEO and co-founder Margin” About Lykke Lykke is an umbrella term for a group of entities that offer blockchain-powered solutions on a B2B and a B2P level. Lykke runs a proprietary cryptocurrency trading platform Lykke Wallet exchange. Lykke Wallet is a commission-free exchange which offers zero trading fees both to retail and high-frequency, or algorithmic, traders. Lykke has been on the market since 2015, and it has gained a reputation as a fully-functional, transparent and reliable cryptocurrency trading platform with highly cost-effective trading conditions. Lykke not only offers cryptocurrency trading without fees but also maintains low buy-sell spreads on all crypto and fiat trading pairs. There are some 20 selected cryptocurrencies and the list is growing. To start trading, download the app or get registered on our website!
Lykke Launches Its Zero Fee Crypto Trading App for Huawei Devices
Zug, Switzerland. – December 9th, 2021. Lykke Corp, the fintech company running the commission-free cryptocurrency exchange Lykke Wallet, announces that its cryptocurrency trading application is now available to the users of Huawei phones. Lykke Wallet is one of several selected financial service and product providers that have been recently listed on the Huawei AppGallery marketplace. Of all the listed applications, Lykke Wallet is the only all-in-one cryptocurrency trading platform with zero trading fees for retail and API traders. The platform offers 20+ selected cryptocurrencies with liquidity, a web and an app interfaces, and a 24/7 human support service. Additionally, Lykke Wallet is the only cryptocurrency trading platform on the market that covers the bank deposit and withdrawal fees for its customers, which puts it at the top of the list of the cryptocurrency exchanges with the lowest fees. It means that users can deposit, for example, euros and buy Bitcoin without any commissions. Huawei is a Chinese cell phone manufacturer whose sales have been growing exponentially across the globe. What distinguishes the Huawei products is a highly attractive quality-price ratio. In the AppGallery, the Huawei app store, users can find selected applications for any purpose. The range of financial product and service providers has recently been expanded to include such Swiss companies as Swissquote, Neon, YUH, FlowBank, and Lykke. "By making the Lykke cryptocurrency app available to the users of Huawei phones we get one step closer to our mission: creating conditions so that everyone around the world can trade digital and cryptocurrency assets freely, without any fees, in a simple and intuitive way and in a legal and safe environment. Getting access to the financial system of the future is now as easy as downloading an app," - said Richard Olsen, Lykke’s founder and CEO. "We are honored that Lykke and so many of our partners have been so inspired by the potential and innovation of our ecosystem. We are proud to provide more partner applications to our customers in Switzerland that simplify their daily lives every week", says Steven Huang, Country Manager of Huawei Consumer Business Group in Switzerland. About Huawei Consumer BG Huawei’s products and services are available in more than 170 countries, and are used by a third of the world’s population. Fifteen R&D centres have been set up in the United States, Germany, Sweden, Russia, India and China. Huawei Consumer BG is one of Huawei’s three business units and covers smartphones, PC and tablets, wearables and cloud services, etc. Huawei’s global network is built on almost 30 years of expertise in the telecom industry and is dedicated to delivering the latest technological advances to consumers around the world. About HUAWEI AppGallery: AppGallery is a smart and innovative ecosystem that allows developers to create unique experiences for consumers. Huawei’s unique HMS Core allows apps to be integrated across different devices, delivering more convenience and a smoother experience – all of which is a part of Huawei’s wider “1+8+N” strategy. With AppGallery, Huawei’s vision is to make it an open, innovative app distribution platform that is accessible to consumers, and at the same time, strictly protects users’ privacy and security while providing them with a unique and smart experience. As one of the top three app marketplaces globally, AppGallery offers a wide variety of global and local apps across 18 categories, including navigation and transport, news, social media and more. AppGallery is available in more than 170 countries and regions with over 560 million monthly active users globally. With 5.1 million registered developers across the globe, 2020 saw AppGallery reach 384.4 billion downloads. For regular updates on AppGallery, follow on: URL: https://consumer.huawei.com/en/mobileservices/appgallery/ Facebook: https://www.facebook.com/AppGalleryOfficialPage/ Twitter: https://twitter.com/AppGallery Instagram: https://www.instagram.com/_appgallery/ YouTube: https://www.youtube.com/AppGallery LinkedIn: https://www.linkedin.com/company/huawei-app-gallery/ About Lykke Corp Lykke Corp is the fintech company that runs the commission-free cryptocurrency exchange Lykke Wallet. Under the umbrella brand name of “Lykke”, several companies are grouped that operate on B2B and B2P levels. The Lykke cryptocurrency exchange has been fully-functional since 2015 and it has consistently maintained its zero fee policy throughout various crypto booms and corrections. This has been possible thanks to the company’s commitment to its mission of democratizing finance and hence its bold and ingenious solutions on this volatile and nascent market. Fintech is an innovative and disruptive space by nature, and the Lykke businesses take their origins from scientific research in high-frequency finance. It is a novel term introduced by Richard Olsen, the founder and CEO of Lykke Corp. The company’s expertise in financial engineering allowed it to pioneer the conceptual development of products and services powered by the blockchain in Switzerland. A Lykke talent spin-off, Swisschain, is one of the few companies that build and customize complex turnkey blockchain solutions for businesses and governments. Lykke Business is an entity that successfully commercializes Lykke blockchain-powered financial products and services on the B2B level. Lykke Wallet exchange is a platform that creates the same favorable conditions for retail, API, and corporate traders and investors, being a true level-playing field on the crypto market. Apart from the favorable trading conditions, such as the free transactions, low spreads and liquid assets, Lykke offers a safe trading environment. The company is KYC and AML compliant, it possesses a temporary registration by the UK FCA authority and is awaiting the permanent approval by this entity.
Lykke and Hiveterminal Deepen their Partnership on the Cryptocurrency Market
Zug, Switzerland. – November 4th, 2021. Lykke, a Swiss-based commission-free cryptocurrency exchange, and Hiveterminal, a blockchain-based invoice financing platform that offers a peer-to-peer bridge between small businesses, announce their commitment to a deeper partnership. Hiveterminal’s moving to Switzerland was an impulse for the companies to take decisive steps to improve trading conditions for the HVN token and agree on mutual marketing and media support. Hiveterminal offers a solution to entrepreneurs and SMEs who need liquidity to develop their businesses. The company provides a platform where invoice issuers can sell their invoices immediately and receive the whole payment instead of waiting for the due date which may be 30, 60 or even 90 days away. This is what allows invoice issuers to enhance liquidity without resorting to bank credit services or borrowings. The HVN token, listed at Lykke Wallet crypto exchange in 2018, is used to grant its holder the right to claim ownership of invoices on the Hiveterminal platform and is the only payment method available to the invoice buyers to do so. To improve the HVN trading conditions, the HVN/ETH pair has been replaced by HVN/EUR which gives the Hiveterminal users the advantage of a direct fiat gateway. “Hiveterminal has committed to ensuring liquidity for the HVN token and its top trading pairs, this is good news. We are very happy to see the company move to Switzerland’s “Crypto Valley” in Zug; this is an extra motivation to build a strong partnership,” the CEO and founder of Lykke, Richard Olsen, has said. “We are looking forward to making Hiveterminal token (HVN) more accessible to our users. The increased cooperation with Lykke allows us to do so, and we need to grasp the opportunities available to us, at the right time. We share many things with Lykke, the desire for crypto to be a well-established, adopted, and regulated part of the business environment, as well as the fact that Hiveterminal’s recent move to Swiss markets has also brought us closer in the sense of sharing the same country of operations'', Hiveterminal CEO Bonart Mati has stated about the newly signed agreement between Lykke and Hiveterminal. About Hiveterminal Hiveterminal is a European fintech startup, creating a unique relationship between liquidity providers and businesses for working capital. Founded in 2017, the company launched its liquidity-providing platform in its native Slovenia in 2019. Since then, it has already gained trust of more than 4200 Slovenian small and medium-sized enterprises (SMEs) and 420 investors from 58 countries, and partnered with some largest domestic corporations. Hiveterminal allows them to avoid taking out company loans by selling their invoice receivables. They upload their invoice to the platform and fill out all the relevant data. Once the invoice is confirmed by the debtor company as valid, it is sent to Hiveterminal market, where investors can buy the invoice at a discount and get paid the full sum by the company’s original debtor at the invoice due date. About Lykke Lykke Corp is a Swiss-based fintech company that runs the commission-free cryptocurrency exchange Lykke Wallet on which HVN is listed. Lykke Corp is an umbrella entity for a group of companies working on B2B and B2P levels. A Lykke talent spin-off develops blockchain solutions for fintech businesses, Lykke Business is the company that commercializes white-labelled solutions. Lykke Wallet is a product of Lykke, it’s a cryptocurrency exchange operating on both B2B and B2P levels. Lykke Wallet differs from other cryptocurrency trading venues thanks to its cost-efficient trading conditions. The trading fee at Lykke is zero for all traders, both retail and API. The low buy-sell spreads allow for arbitrage and hedging. Other important perks include a fiat gateway, 24/7 human support and the possibility to trade 20+ selected cryptocurrencies at a web terminal or in a mobile app.
Lykke Wallet Lists Dogecoin for Trading Without Fees
Zug, Switzerland. – October 6th, 2021. Lykke Corp, a financial service and product provider based in Switzerland announces the listing of Dogecoin (DOGE) at its proprietary commission-free cryptocurrency exchange Lykke Wallet. Dogecoin is a cryptocurrency project that grew out of a meme and has become so popular as to occupy the 10th place in the CMC rating (at the time of writing). Dogecoin deposits, withdrawals and trading were enabled yesterday, October 5th, 2021. Dogecoin was originally launched as a joke, ironically highlighting the volatility of the cryptocurrency market. Its protocol is based on Luckycoin and Litecoin and its mining consumes relatively little energy. Dogecoin is meant as a means of payment and it is often used as a cryptocurrency for tipping meme creators in the social media. It does not support smart contracts and is inflationary in nature. The inflation rate is stable and fixed. By drawing on humor and irony, Dogecoin managed to grow in price by thousands of percentage points since its inception in 2013, and to build a substantial community of users. Now Doge traders and investors can buy Dogecoin with zero commission and trade it without trading fees at Lykke Wallet. These trading conditions are specifically favorable for day traders as they can leverage the Lykke zero fee policy in high-frequency trading. Trading pairs: DOGE / BTC DOGE / CHF DOGE / ETH DOGE / EUR DOGE / GBP DOGE / USD How to trade Doge without fees: Users have first to get verified at Lykke Wallet through a simple and fast KYC procedure. Then by using the fiat gateway, they can deposit their funds by bank transfer (with 0 fees) or by credit card (with a 3,9% fee). Crypto deposits are free. After the funds have been credited to your Lykke account, you can exchange them to Dogecoin without trading fees. 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 selected cryptocurrencies without trading fees and with low spreads. Our sophisticated trading algorithms allow us to maintain the overall transaction costs very low for the users. While the regulatory compliance and a robust exchange architecture create a safe trading environment.
Dom Braun appointed new CEO at Lykke Business
Dom brings to Lykke Business more than 20 years of business and management experience Switzerland & Singapore, 4th of October 2021. Swiss Blockchain pioneer Lykke Business announced on Friday, October 1st that Dom Braun was appointed new CEO of the company. An experienced business and technology leader succeeded Niklaus Mettler and assumed his responsibilities. Niklaus will stay on with Lykke Business as Management Consultant. Dom will start out based in Singapore, before moving to Switzerland. Dom has been in the technology industry for more than 14 years, most recently in the FinTech and RegTech space. He is known as a thought leader with the ability to building up businesses from scratch and revamping existing businesses. While in his previous position as MD APAC with FinTech Episode Six, Dom was crucial to build and expand the APAC business and brand to success for the last 2 years. Before that, Dom was with global RegTech leader Accuity (now Lexis Nexis Risk), in different regional and global leadership positions throughout his tenure of more than 6 years. “Lykke is a blockchain lab with a suite of unique products and services. I am thrilled that Dom, an expert of scaling successful businesses, has joined Lykke Business as CEO and will build the distribution network for our products and services”, said Richard Olsen, Founder of Lykke. “I am very excited to be part of the Lykke ecosystem to lead and expand their B2B business for its cutting edge Blockchain-based enterprise solutions. With their existing assets and great engineering and product teams, Lykke Business has a strong foundation to be built on with leveraging my market and business experience”, said Dom Braun. Dom received his MBA degree from Warwick Business School (WBS) and received several awards during his career. About Lykke Business Lykke Business is part of the Lykke ecosystem. Lykke Business builds and operates enterprise solutions powered by Blockchain. They provide business solutions in the dynamic financial-, consumer-, service- and other industry sectors. Their extensive knowledge and experience helped them to serve enterprises by building, launching, and operating innovative and complex solutions powered by Blockchain. For further information please contact Lykke Business: firstname.lastname@example.org
Lykke Wallet Lists Cardano's ADA
Zug, Switzerland. – September 28th, 2021. Lykke Corp, the Swiss based fintech company running the Lykke Wallet cryptocurrency exchange without fees, announces the listing of ADA, Cardano’s native cryptocurrency. The listing makes it possible to buy Cardano’s ADA without paying fees. The listing announcement follows the Cardano Blockchain Summit successfully held in a number of global locations on September 25-26th, 2021. Lykke Wallet is a commission-free cryptocurrency exchange integrated with a cryptocurrency wallet. Lykke Wallet stands out on the market for having a commission-independent business model. It makes it possible to buy and sell cryptocurrency, such as ADA, with no trading fees and at the same time low spreads. 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 or just buy ADA with no fees. Cardano is a third-generation blockchain that aims at supporting Dapps, running smart contracts, and providing conditions for better governance. The development of the blockchain follows a roadmap divided into stages, or “eras”, named after famous historical figures. Cardano has just entered a new stage of development, in which the smart contract functionality will be supported. Cardano is a proof-of-stake blockchain, considered to be one of the most environmentally sustainable ones. It runs on the Ouroboros consensus protocol developed by the Cardano researchers. Indeed, the Cardano blockchain is considered to be the first one informed by academic research. “The ADA listing is a major milestone for our community that now can trade ADA for free. We are inspired by Cardano's commitment to scientific rigor and excellence. The listing sets the foundation for a deeper partnership that can serve the bigger community to unlock the full potential of blockchain and smart contracts to democratize finance”, said Richard Olsen, Lykke’s CEO. Frederik Gregaard, CEO of the Cardano Foundation, said, “This listing on Lykke, which will allow its user base to access ADA for the first time, marks another significant milestone in the development of Cardano. Capital bridges and the entry of traditional market makers into the crypto space allows users to leverage liquidity and move seamlessly between fiat and crypto ecosystems. It also serves to both empower our nascent ecosystem and enrich the wider blockchain space.” Trading Pairs ADA / BTC ADA / CHF ADA / ETH ADA / EUR ADA / GBP ADA / USD How to buy ADA without fees To trade Cardano’s ADA for free at Lykke Wallet crypto exchange the users have to onboard and pass a simple KYC-verification process. The venue offers a free crypto app, a web trading terminal, and a fiat gateway for Euro, CHF and GBP. If you deposit fiat by bank transfer, Lykke will cover the deposit fee (but not the correspondent bank’s fees, if any). After your funds are credited to your Lykke Wallet account, you can exchange them to ADA without trading fees. Find out more and get registered: www.lykke.com/wallet About the Cardano Foundation: The Cardano Foundation is an independent Swiss not-for-profit organization that oversees and supervises the advancement of Cardano and its ecosystem. The Foundation’s core focus is in developing a Cardano adoption strategy through to integration and execution, to enable fast-track value creation for inclusive and equitable growth. As the custodian of the protocol and the owner of the Cardano brand, the Foundation works to drive adoption and partnerships, grow the wider blockchain community, shape legislation, and commercial standards, and ensure stakeholder accountability. Find out more: www.CardanoFoundation.org
How to Do Your Lykke Crypto Taxes With Koinly in 5 Steps (Guest Post)
Wondering how on earth to work out your Lykke taxes? Or how to file your crypto tax at tax time? Koinly explains it all in this quick guide on how to file your crypto tax.
Lykke's Goal is to be the Most Cost Effective and Simple Crypto Platform in Town
If you are wondering what is the cheapest way to buy cryptocurrency the answer is Lykke.
TREE Delisting from Lykke is a New Start for Mangrove DAO
The trees on the image above are called mangroves and their particularity is that they are tolerant to salty water.
What is a crypto-fiat gateway?
How to buy Bitcoin or other cryptocurrencies with euro, GBP, or CHF? A fiat gateway is a combination of words that you will frequently hear if you decide to enter the cryptocurrency world and buy Bitcoin or other cryptocurrencies in a crypto app.