The crypto-currencies market is increasing rapidly, today it’s flourishing, the number of users around the globe is growing fast. But Forex brokers and binary options brokers mainly offer using crypto-currencies simply as another trading asset, like conventional currency pairs and CFD. Meanwhile the payments are processed in USD, EUR and other conventional currencies. Larson&Holz has decided to revolutionise the field and create the first fully-featured crypto-broker, where crypto-currencies are both trading instruments and deposit currencies. It is well-known that many countries forbid transferring funds to foreign Forex brokers, while other countries charge commission fees for each deposit – approximately 5-7%. The opportunity for clients to accrue funds to a broker account in crypto-currencies will allow us to eliminate the commission and include clients from the countries with strict financial regulations.
It is planned to create a crypto-version of Larson&Holz broker with the help of an ICO. This ICO is different from other crowdsale projects for its Insurance system and the token markup distribution among the previous investors. The funds saved on eliminated commissions to banks are also going to be distributed among the project investors. Since Larson&Holz is a Forex broker that has been in the market for more than 13 years, it has all the necessary resources to launch a crypto division quickly and with minimal expenses, except for the marketing expenses. The ICO team is confident about the success and is planning to bring the #LHCoin token to at least three exchange markets from the top-10 list in the first half of 2018. They also expect it to become one of the crypto-currencies such as bitcoins, ethereums, etc.
You are welcome to see more details on the project site here: https://lh-crypto.io