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LATOKEN Review

Last Updated on March 20, 2024

James Headshot
Written by
Adam Headshot
Edited by
LATOKEN logo
3.13
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.
Visit LATOKEN

The Bottom Line Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

LATOKEN stands out as an ambitious exchange with an expansive set of services and assets to offer. LATOKEN stands out for its perpetual contract trading, daily volume trading volumes and platform providing services for both well-known tokens as well as lesser known ones.

Crypto enthusiasts searching for new exchange platforms should always consider fees and customer support when making their selections. While any platform may seem promising at first glance, traders should always carefully assess all features and market conditions when making decisions regarding cryptocurrency transactions.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.

Pros

  • Wide range of cryptocurrencies available
  • User-friendly interface
  • Provides Initial Exchange Offerings (IEOs)
  • Multiple security features
  • Competitive trading fees

Cons

  • Customer support can be slow to respond
  • Limited educational resources for beginners
  • Has faced security issues in the past
  • Fiat deposit options are restricted
  • Limited advanced trading features for professional traders

Quick Summary

Headquarters Location Warsaw, Poland
Fiat Currencies Supported USD, AUD, GBP, CAD, EUR, NZD + 80 others (some through third party apps)
Total Supported Cryptocurrencies 810+
Trading Fees 0.07% - 0.49%
Deposit Methods Bank Transfer, Debit Card, Credit Card, Cryptocurrency, Apple Pay, Google Pay, Simplex
Support Facebook, Twitter, Instagram, Live Chat, Help Center Articles, Support Ticket
Mobile App Yes - iOS, Android

Welcome to the LATOKEN Review, our in-depth examination of one of the emerging platforms in cryptocurrency trading. This article seeks to give an overview of LATOKEN’s features, offerings and user experience without diving too deeply into security matters just yet.

LATOKEN homepage

LATOKEN Review provides an in-depth view of a rising star among cryptocurrency trading platforms: LATOKEN has not simply entered the fray; rather it has established itself as a destination platform capable of meeting diverse trading requirements.

Committed to expanding access to an array of digital assets and innovative investment options, Coinbase has quickly established itself as a market leader. Furthermore, its efforts at streamlining trading processes while offering features such as daily cashbacks and trading competitions demonstrate its user-focused philosophy.

About LATOKEN

LATOKEN Exchange, an innovative digital asset trading platform established by Valentin Preobrazhenskiy, has made waves ever since its introduction. Offering users access to an abundance of crypto assets and tokens.

LATOKEN not only offers a diverse selection of crypto pairs but also facilitates innovative projects through its Initial Exchange Offering (IEO) platform. LATOKEN’s story of ambition and growth within the bustling digital currency market speaks for itself.

LATOKEN features

LATOKEN Exchange’s history speaks volumes of the evolving and unpredictable digital asset industry. Since being founded by Valentin Preobrazhenskiy, it has successfully navigated its way through different blockchain environments while keeping pace with market demands and technological innovations.

As cryptocurrencies have gained increasing acceptance in mainstream financial services, so has their use on exchange platforms – creating new tokens and features such as margin swap trading and perpetual contracts that have become integral components of modern exchange offerings. At Coin Exchange we’ve seen these features flourish alongside increasing acceptance of crypto in general as we leveraged this momentum to expand their platform and add crypto pairs.

LATOKEN has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Reddit, Telegram and YouTube.

LATOKEN has a mobile app on both the Apple App Store and Google Play.

LATOKEN Supported Cryptocurrencies

LATOKEN supports trading on over 810 cryptocurrencies on their platform. This exchange currently supports 23 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • USDC (USDC)
  • XRP (XRP)
  • Dogecoin (DOGE)
  • Toncoin (TON)
  • Cardano (ADA)
  • Shiba Inu (SHIB)
  • Avalanche (AVAX)
  • TRON (TRX)
  • Polkadot (DOT)
  • Chainlink (LINK)
  • Bitcoin Cash (BCH)
  • Uniswap (UNI)
  • NEAR Protocol (NEAR)
  • Polygon (MATIC)
  • Litecoin (LTC)
  • UNUS SED LEO (LEO)
  • Dai (DAI)
  • Pepe (PEPE)
  • Internet Computer (ICP)
  • Ethereum Classic (ETC)
  • Kaspa (KAS)
  • Aptos (APT)
  • Monero (XMR)
  • Render (RNDR)
  • Hedera (HBAR)

Download full list of cryptocurrencies LATOKEN supports

Trading Experience

LATOKEN offers an experience tailored to both novice and seasoned traders alike, designed with user-friendliness in mind with features like price alerts and detailed trading charts for easy use.

Low latency issues and smooth order execution contribute to an exceptional trading experience, making this platform suitable for organic traders and those seeking futures or margin trading opportunities.

Optimizing the trading experience requires striking a delicate balance between ease of use and depth for experienced traders. LATOKEN has made significant efforts in designing an intuitive mobile trading experience, recognising that more investors opt to manage their investments on-the-go.

Losing sleep over latency issues is key for traders relying on timely execution to capitalize on price volatility in cryptocurrency markets. LATOKEN also offers Perpetual Futures options, offering flexibility to suit different investment styles and preferences.

LATOKEN exchange marketing

LATOKEN Fees

Navigating the fee structure of LATOKEN Exchange provides an ideal framework that meets both makers and takers needs during trading processes. Fees are created to incentivise market participants while maintaining an edge on competitors.

The structure is tailored to accommodate varying volumes of trading without burdening users with excessive costs.

Understanding trading fees is vitally important, and LATOKEN strives to offer a fee structure that’s both fair and conducive to active trading. While specific figures remain undisclosed, it is evident that LATOKEN recognizes the significance of competitive pricing as an attractant to market makers and takers alike.

The exchange has implemented a tiered fee system that rewards users according to their 30-Day Trading Volume, reflecting its core principle that loyalty and frequent trading should be recognized. With its flexible fees approach designed to accommodate traders of all volumes – large-scale traders as well as those making smaller trades are catered for equally.

Type Fee
Deposit Fee (Bank Transfer) Not Listed
Deposit Fee (Credit/Debit Card) Not Listed
Trading Fee 0.07% - 0.49%
Withdrawal Fee (Bank Transfer) Not Listed

LATOKEN supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, their withdrawal fee is 0.0005 BTC. The average across all other exchanges that we've reviewed is 0.000415 BTC. This means LATOKEN charges above the industry average by 20.36%. This is worth noting because it likely means they are also charging higher fees and spreads across all cryptocurrencies on their platform.

LATOKEN has a maker/taker fee schedule which you can see below.

Level 30d Volume, $ Maker Taker
1 Less than $10.0k 0.49% 0.49%
2 $10.0k – $50.0k 0.39% 0.39%
3 $50.0k – $100.0k 0.29% 0.29%
4 $100.0k – $250.0k 0.12% 0.19%
5 $250.0k – $1.0m 0.07% 0.11%
6 $1.0m – $2.5m 0.06% 0.09%
7 $2.5m – $10.0m 0.04% 0.07%
8 $10.0m – $20.0m 0.02% 0.05%
9 More than $20.0m Zero 0.04%

Security - Is LATOKEN Safe?

LATOKEN exchange takes security very seriously, adhering to stringent regulations by employing sophisticated encryption methods such as AES-256 to secure users’ digital assets.

Cold storage solutions provide exceptional security measures to safeguard crypto wallets from potential online threats.

LATOKEN takes its responsibility as a cryptocurrency exchange seriously by adopting not only industry standard AES-256 encryption but also more robust safeguards such as salted SHA-256 encryption to enhance protection.

They understand the security of a crypto wallet is more than simply protecting digital assets; it involves protecting both users’ investments and trust in them. Their commitment to maintaining high levels of security can also be seen through keeping funds in secure hardware wallets to reduce risks associated with online wallet vulnerabilities.

LATOKEN Customer Support

The exchange is proud of its unparalleled customer support team, which excels at all aspects of customer care from withdrawal processes to technical issues and more. Their assistance has long been noted as providing excellent service.

Notably, like other platforms, this one has received its share of customer reviews that could be considered negative; these must be carefully taken into account before making your final decision.

LATOKEN’s customer support team goes far beyond simply responding to technical issues or withdrawal processes; their aim is to present a service which not only responds promptly but is also empathic when responding to customer concerns – an aspect which resonates throughout their user-focused ethos.

Negative customer reviews are inevitable in any service industry, particularly one as nuanced as cryptocurrency trading. What matters is how they’re dealt with and the improvement of customer interactions over time based on feedback; something LATOKEN appears to take seriously.

LATOKEN support

LATOKEN Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on LATOKEN

  1. Create Account - Visit the LATOKEN website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. Transferring Funds - Once your account has been verified, you can deposit using the deposit methods listed below, including some options through third party apps.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Bank Transfer
  • Debit Card
  • Credit Card
  • Cryptocurrency
  • Paypal
  • Apple Pay
  • Google Pay
  • Simplex

LATOKEN Alternatives

Binance logo

Binance

3.23
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
394+

Trading Fees
0.10%

Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 75 others

Visit Binance
Kraken logo

Kraken

3.44
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
253+

Trading Fees
0.08% - 0.40%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other

Visit Kraken
OKX logo

OKX

3.57
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
365+

Trading Fees
0.08% - 0.10%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others

Visit OKX

Final Thoughts

Looking at LATOKEN Exchange as a whole, it stands out as a multi-asset crypto trading platform catering to a diverse group of traders. Boasting diverse offerings and connections to blockchain projects, LATOKEN could become a staple in the crypto community.

As with any platform, it must evolve continuously in response to market needs and demands.

LATOKEN FAQs

LATOKEN, like many cryptocurrency exchanges, must comply with international regulations which means it restricts services in certain countries. These restrictions are typically based on the countries’ regulatory stance on cryptocurrencies, financial regulations, and sanctions.

As of the last update, users from countries such as North Korea, Iran, Syria, Sudan, and Cuba may face restrictions. However, for the most accurate and current information, please refer directly to LATOKEN’s terms of service or reach out to their customer support.

The ownership of LATOKEN is not publicly disclosed in great detail. Typically, cryptocurrency exchanges are founded by individuals or a group of investors and the information is sometimes kept private.

For the most up-to-date and specific information regarding the ownership of LATOKEN, one would need to consult official company records or reach out directly to the platform.

To cash out on LATOKEN, you typically need to sell your cryptocurrencies in exchange for a fiat currency that the platform supports and then withdraw that fiat currency to your bank account. The exact process may involve placing a sell order on the market, waiting for the order to be filled, and then initiating a withdrawal request.

Be sure to complete any necessary KYC (Know Your Customer) procedures and check withdrawal limits and fees.

The number of users or account holders of LATOKEN is not publicly disclosed by the exchange and can fluctuate over time. Cryptocurrency exchanges usually do not share specific user numbers unless they choose to do so for reporting or marketing purposes.

The rank of LATOKEN exchange among other cryptocurrency exchanges can vary based on the criteria used, such as trading volume, liquidity, number of users, or available trading pairs. Rankings are provided by various analytical platforms and can change frequently.

For the most recent ranking, it is advisable to check updated sources like CoinMarketCap or CoinGecko.

Yes, LATOKEN requires users to go through KYC (Know Your Customer) procedures. This is a common practice for cryptocurrency exchanges to ensure compliance with anti-money laundering laws and regulations.

Users typically need to provide personal information and documents to verify their identity before they can access full trading capabilities on the platform.

If by “all time high” the question refers to the highest value of LATOKEN’s native token, LA, or the platform’s trading volume, this information can be dynamic and subject to change as markets fluctuate. For the most recent all-time high of LATOKEN’s native token or its trading metrics, it’s best to consult real-time data from financial market tracking websites or LATOKEN’s own reporting.

LATOKEN is not a decentralized exchange (DEX); it is a centralized cryptocurrency exchange (CEX). This means that it operates with a central authority that oversees the platform’s operations, including custody of users’ funds and execution of trade orders.

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Methodology

At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.

About The Authors

James Headshot
Written by

Crypto Technical Writer

James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.

His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.

Check James out on:
Adam Headshot
Edited by

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

Check Adam out on: