1.What is multi-currency system?
Multi-currency system enables users to use tokens of cryptocurrencies other than LVTC in their asset management like top-up, transfer, payment, trade and withdraw.
2.What can multi-currency system bring?
-
Lower cost of token transfer.
-
Speeding up the transaction
-
Unified payment process/management
-
Easier, quicker, safer experience
3.How to transfer for each currency? Is there any fee to transfer?
After multi-currency system went live, we support transfer of several currencies. Each currecy's transfer fee differs from others and will be charged pro rata. Please refer to below table:
|
Currency
|
Minimun Transfer Amount
|
Daily Transfer Limit
|
Fee Rate
|
Fee Cap
|
|
LVTC
|
100
|
1,000,000
|
1%
|
5,000
|
|
ETH
|
0.01
|
100
|
0.1%
|
100
|
|
BTC
|
0.0001
|
5
|
0.01%
|
0.0002
|
|
EOS
|
0.2
|
1,000
|
0.05%
|
0.1
|
4.In the long term, what does this update mean to the whole project?
Multi-currency system going live symbolizes LivesOne's platformization. It is a significant move towards the Token Economy.
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