Lykke is building a next-generation trading platform, a market with universal, fair and semi-decentralized access with zero commissions for all types of assets and financial instruments.
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Lykke opened a new office in Mexico, which will be the Latin American subsidiary of this cryptocurrency and exchange platform.
The opening of the subsidiary named Lykke de México S.A. of C.V., was announced a few hours ago through a statement on the official website of Lykke. This subsidiary comes directly from Lykke Streams with the project "Establish a new company Lykke in your city", which was the one that attracted the team behind the subsidiary in Mexico and made possible its creation.
The Mexican office will be headed by Erwin Fedier, CEO of Lykke de México S.A. of C.V, and has the objective of being more than an office of the mother company Lykke, because it will integrate thoroughly with the Latin American community, offering all its advantages and services. Among them, they have plans to start trading with Mexican pesos soon in conjunction with their digital wallet application "Lykke Wallet" available for iOS and Android. It was also pointed out that some projects of several clients are already underway, according to the same Fedier.
The main reason for the creation and opening of this subsidiary of Lykke in Mexico is to bring to the Latin American region the services offered by the company in the financial market.
Likewise, the Mexican subsidiary will provide a good entry point for Lykke and its services in general. Among the general characteristics of Lykke, which will also apply in Mexico, stand out the instantaneous settlement and 0% commissions. The change to several fiduciary currencies is also available.
It should be noted that Lykke is just a company founded in 2015 whose main goal is to create a free global market for the exchange of financial assets, taking advantage of emerging technologies such as the blockchain to promote free access and trade in assets anywhere in the world. In addition, it works as a start-up accelerator, and a company in which you can also invest through its Lykke Coins (LKK).
While Lykke Streams, specifically, is a crowdsourcing initiative announced in 2016, which offers a kind of forum to publish ideas or projects and attract talent from around the world, to rethink how these can be implemented.
Based in Bangalore, Bitbns is the largest Bitcoin exchange in India by volume. It is the most reputed Altcoin stock exchange based out of Bangalore. Bitbns has fairly low charges for withdrawals available for Bitcoin and the following altcoins and tokens: Litecoin, Ethereum, Zcash, Monero, Dash, Ripple for starters. With the competitive rates of negotiation and withdrawal, and the lack of fees for a deposit, Bitbns seems ready to make its mark as a leader in the exchange of cryptocurrencies. The team definitely working hard to expand its horizons.