The LGO Token was issued in March 2018 by LGO Exchange SAS, a French-based entity. LGOs were bought by more than 9,000 persons in more than 50 countries for a total amount of 3,600 Bitcoins during our Initial Coin Offering in February 2018.
The LGO is a utility token:
- Clients can access discounts by holding LGO tokens
- LGOs can be used to pay for services on our platform
- A portion of the fees collected by LGO will be used to buy back and burn LGO tokens
Buy LGO Token
The LGO token is listed on the LGO platform and on iDex.
LGO token holders have access to fee rebates on the platform. The current fee schedule is :
|Bracket||30D Volume||30D Average LGO token balance||Maker Fees||Taker Fees|
Buy & Burn
We will be repurchasing and burning tokens equal to 25% of the net operating margin generated by cryptocurrency trading on the LGO Spot Market.
|Month||Amount (LGO)||Tx ID|
LGO Token is not available in the United States or other prohibited jurisdictions. If you are located in, incorporated or otherwise established in, or a resident of the United States of America, you are not permitted to transact in LGO Tokens. ↩︎
Market Makers are not subject to the same fee schedule. LGO reserves the right to create bespoke pricing per client. The fee schedule is subject to change at the sole discretion of LGO. ↩︎
Metrics are computed on the first business day of each month. ↩︎