[ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets

[tempus]

Team meetup 2017 - Richard Olsen Interview
https://www.youtube.com/watch?v=TZeK33Eb7Ag

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[LaBlanj]

hello devs, i wanna to try lykke android app but i cant deposit USD with my credit card. Must i confirm KYC steps? photo etc.

[Geenstijl]

Lykke is probably one of the most solid coins on the market. But their market maker system in which they use their premine supply to ''keep the price stable'' has made it a really poor investment.

[kronos123]

Exact.
That's what I think and I say.
It can be an advantage for some to preserve the heritage because it does not have big oscillations but the long can be a huge disadvantage for many who leave the coin to pass to others much more profitable.

And as he said mtnsaa lykke is not even known by so many traders and the US market is still closed for it.
We hope the team will solve soon and shine our lykke!

[mtnsaa]

hello devs, i wanna to try lykke android app but i cant deposit USD with my credit card. Must i confirm KYC steps? photo etc.

Hello LaBlanj, yes to deposit and withdraw fiat you must verify your identity following a very simple KYC process.

It will take less than five minutes if you already have the required documents (passport, ID and a bank/utility bill). It usually take around 48 hours to get approved if it's all ok.

[marcoantonio]

hello devs, i wanna to try lykke android app but i cant deposit USD with my credit card. Must i confirm KYC steps? photo etc.

Hello LaBlanj, yes to deposit and withdraw fiat you must verify your identity following a very simple KYC process.

It will take less than five minutes if you already have the required documents (passport, ID and a bank/utility bill). It usually take around 48 hours to get approved if it's all ok.

This is the real problem with lykke, that you can only buy there and also you need to verify your identity. A lot of traders are just trading with crypto only.

[mtnsaa]

hello devs, i wanna to try lykke android app but i cant deposit USD with my credit card. Must i confirm KYC steps? photo etc.

Hello LaBlanj, yes to deposit and withdraw fiat you must verify your identity following a very simple KYC process.

It will take less than five minutes if you already have the required documents (passport, ID and a bank/utility bill). It usually take around 48 hours to get approved if it's all ok.

This is the real problem with lykke, that you can only buy there and also you need to verify your identity. A lot of traders are just trading with crypto only.

You can trade with crypto without doing KYC verification but when using fiat either for depositing/withdrawing/trading it's mandatory by law to comply to certain KYC regulations. I don't know of any exchange that doesn't need to do so unless it's for very small amounts. And lately with all this regulation talk in the air I would venture that exchanges will be required to tighen their KYC protocols even for crypto trading alone.

[tempus]

Menelaos Moschonas: What does bitcoin and digital assets represent for the younger generation?
https://www.lykke.com/city/blog/bitcoin-for-new-generation

[000JC88]

Lykke was one of my favorite ICOs, they have an amazing team, they develop , have an amazing roadmap but for some reason people do not invest too much to it. I wonder why!

[mikhael]

hello devs, i wanna to try lykke android app but i cant deposit USD with my credit card. Must i confirm KYC steps? photo etc.

Hello LaBlanj, yes to deposit and withdraw fiat you must verify your identity following a very simple KYC process.

It will take less than five minutes if you already have the required documents (passport, ID and a bank/utility bill). It usually take around 48 hours to get approved if it's all ok.

This is the real problem with lykke, that you can only buy there and also you need to verify your identity. A lot of traders are just trading with crypto only.

You can trade with crypto without doing KYC verification but when using fiat either for depositing/withdrawing/trading it's mandatory by law to comply to certain KYC regulations. I don't know of any exchange that doesn't need to do so unless it's for very small amounts. And lately with all this regulation talk in the air I would venture that exchanges will be required to tighen their KYC protocols even for crypto trading alone.

With the way things are going I would not be surprised when all crypto currency trading will be fully regulated. Soon it will be mandatory for every exchanges to implement this kind of procedure.

[maioran]

I only buy BTC/ ETH via Lykke. nice and fast costumer service and I dont care about NYK. Its good that they have finally limit orders. BUT the app have still a lot of problems with the scaling of the charts (cant be so difficult!).
 I hope they will enter the market and get listed somewhere...

 Btw: does anyone invest in TREE as well?

[tempus]

Lykke opens Latin American subsidiary in Mexico
https://www.lykke.com/company/news/lykke-mexico

[000JC88]

I only buy BTC/ ETH via Lykke. nice and fast costumer service and I dont care about NYK. Its good that they have finally limit orders. BUT the app have still a lot of problems with the scaling of the charts (cant be so difficult!).
 I hope they will enter the market and get listed somewhere...

 Btw: does anyone invest in TREE as well?

If you check their roadmap is on of the last things will do, I think they should enter trading sites from now and not waiting for much longer.

[tempus]

Lykke Executive Demetrios Zamboglou to participate in Eastern Economic Forum
https://www.lykke.com/company/news/Eastern-Economic-Forum

[RustyShackleford1950]

Lykke is probably one of the most solid coins on the market. But their market maker system in which they use their premine supply to ''keep the price stable'' has made it a really poor investment.

Eh, I disagree. Whilst Lykke doesn't have the 10,000% gains of some of the rubbish coins, it's priced appropriately and has had good solid base gains with good fundamentals. It's a solid investment in the sense that it's a solid team, solid concept, solid implementation, and solid business model.

[mtnsaa]

Geeky.Lykke 2 - Private wallets, Blockfolio, Hacker Attacks & LW Architecture
In the second release of Geeky.Lykke, Andrey and Oleg are discussing:

· The continuing integration of Ethereum: ERC20 tokens and private wallets
· API for Blockfolio
· Why Lykke Wallet is safe for storing funds, and how they solve the security issues in Lykke
· Overview of the Lykke Wallet architecture: decentralization, microservices, Kybernetes, and benefits of such an approach

https://youtu.be/xduXuXCbrLI

[000JC88]

Lykke is probably one of the most solid coins on the market. But their market maker system in which they use their premine supply to ''keep the price stable'' has made it a really poor investment.

Eh, I disagree. Whilst Lykke doesn't have the 10,000% gains of some of the rubbish coins, it's priced appropriately and has had good solid base gains with good fundamentals. It's a solid investment in the sense that it's a solid team, solid concept, solid implementation, and solid business model.

Yes, is the best invest because of the reason you said, but when this invest will beneficial people who invest their money, if the coin price do not grow , share holders do not benefit from this. When do you think this will chance and the share price will go up? In other words, why someone to invest to lkk share and not to dash or btc etc?

[tempus]

"We had experienced market disruption in trading process from 06:23 to 06:47 UTC. Trades executed during this period will be reversed."
https://twitter.com/LykkeCity/status/905342822311591936

"The exchange will be on maintenance mode until 11:00 UTC."
https://twitter.com/LykkeCity/status/905343633355825152

[tempus]

Lykke Corp Statement

We have become aware of a new company called Ykke or ykke.io. Unfortunately, this company has appropriated the look and feel of the Lykke website, the Lykke logo, and other elements of our brand identity. In addition, it appears that Ykke is engaged in raising funds through an Initial Coin Offering for a digital token called a YKK.

We would like to inform our community of users that Lykke has no relationship whatsoever with Ykke, ykke.io, or the YKK token. Also, because of the risk of fraud, we advise our users to avoid Ykke and the YKK ICO entirely.

Further, we intend to pursue immediate legal action against Ykke for their infringement of our registered trademarks.
Trust and transparency aren’t just words for us. These values are at the core of everything that we do. We cannot endorse and will not tolerate potentially fraudulent activities.

Thank you for your continued support.


https://www.lykke.com/company/news/statement

[tempus]