London Crypto Currency Exchange SWOT Analysis

The London Crypto Currency Exchange is a customer-centric exchange designed to place crypt-fiat trading and a massive menu of crypto to trade in a single exchange. To top it off, the team has promised all crypto on the exchange will be secured with insurance and any customer queries will be promptly supported (more details here).

Read on to learn about its strengths.

LCCX SWOT Analysis

SWOT analysis sheds light on the potential of a potential project.

London Crypto Currency Exchange is an exchange that will offer convenience an security to traders and investors, but these are its value offerings.

LCCX’s strength is the team, particularly the CEO. Robert Benwell has already successfully built companies from scratch, and, conveniently, he is a long-time crypto trader. This allows LCCX to be product built for the traders from a trader. Robert has the understanding of the pains the traders and investors in crypto face, and he knows how to properly target their pains with feasible solutions.

LCCX is a powerful product offering, but it is entering a very tight market. There are plenty of exchanges already out. However, crypto trading is a market where consumers do not have a fan affinity towards an exchange; they simply want the best offering. This has allowed the reigning exchange to change almost on a quarterly basis.

With LCCX offerings of convenience and security, it can easily penetrate the market. The only thing is that it will need strong marketing campaigns which can eat up initial budgets. Given the Robert Benwell has been able to scale his previous venture without any outside funding, he already has the know-how of resourcefully push into a market; now with some external funds, he can truly reach his full potential.

The crypto market is growing at a phenomenal rate. Despite that, many of the existing exchanges have entered the market to make a quick buck.

A huge gap is present between exchanges offering trading for traditional securities like bonds, stocks, and Forex and the exchanges offering trading for crypto. Given the massive size of the crypto market, it is surprising that there hasn’t been a focus on developing a consumer-centric product in this market.

LCCX is developing an exchange with a new mind-set: customers matter. It has a massive potential user base to capture. But beyond that, the vast portion of the market potential is unachieved. Most of the world is not partaking in crypto because of the difficulty of entering this market. All that massive uncapitalized potential is open for LCCX to target.

LCCX is aiming to bring major advances to crypto exchanges. Much of the factors they want to offer are in untested waters. Offering insurance, for example, is a massive pull factor for getting new users, but this is a completely new concept in crypto and LCCX does not have a competitor from which to learn from.

While establishing new factor can be challenging, LCCX will be paving the way for many innovative solutions in the market. Any first-mover naturally faces initial difficulties as they are paving the path. But the benefits of being the first to bring such levels of security and convenience to crypto will be an extremely rewarding venture for LCCX.

LCCX is revolutionizing the crypto market by bringing a consumer-centric mission to crypto trading.

LCCX Contact Information

🌐 Website: https://www.lccx.io/
💡 Whitepaper: https://www.lccx.io/LCCX-WhitePaper.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3046661.0
💻 Telegram: https://t.me/lccxico
⌚️ Token Sale: LIVE NOW

Twitter: https://twitter.com/lccxofficial
Facebook: https://www.facebook.com/lccxofficial/

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