What is Lykke?
Lykke Corp. is a fintech company based in Switzerland that runs the Lykke Wallet crypto exchange. The Lykke Wallet forex and cryptocurrency exchange stands out because of its 0 trading fee policy. Both retail and API traders can execute trades between more than 40 cryptocurrencies and some 10+ fiat pairs without any taker or maker fee. It is possible to trade Bitcoin without fee, as well as ether, LTC, Uniswap, BCH, DASH, XRP, XLM, and many more.
Lykke started running in 2015 and has successfully developed different business projects both at B2B and B2P levels. The Lykke Wallet exchange is just one of them. It combines a number of characteristics that attract users from around the globe. Essentially, it's an all-in-one cryptocurrency trading platform that combines all necessary functions with very attractive trading costs compared to the mainstream market offerings and without any hidden fees:
- the 0 trading fee policy
- attractive spreads
- fiat gateway by card and by bank transfer
- 24/7 human support
- API for crypto bot trading
- robust architecture resistant during trading peaks
- easy onboarding
- Android, iOS apps and a web trading platform
- integrated indicators in the trading platform
- no inactivity or hidden fees
- lots of selected crypto pairs and new listings in the pipeline.
Lykke Corp. was founded in 2013 by Richard Olsen, a pioneer in high-frequency trading and the founder of OANDA. Richard is a researcher and serial entrepreneur, whose mission has always been addressing inefficiencies of the financial market. The Lykke Wallet cryptocurrency trading platform is designed as a global blockchain powered marketplace for any digitized asset that would offer a level play field for any kind of traders. Users have the same equal trading conditions independently from the amount and frequency of trading, which truly democratizes the financial market.
Lykke's vision is based on the idea that blockchain technology is disrupting financial markets eliminating inefficiencies. However, the financial and economic law do not get refuted, hence the traditional financial system simply gets transformed by the emergent technologies. This is why regulation is important. Most cryptocurrencies sooner or later will be recognized securities. Therefore Lykke is pursuing regulatory approvals to be able to fully tokenize any kind of securities and allow for their trading on the blockchain.
Driven by research and financial engineering, Lykke Corp. not only runs a commission-free cryptoexchange, but also successfully manages B2B blockchain related projects. Lykke develops, whitelabels and sells blockchain solutions for corporate clients, such as banks, exchanges, B2P companies that require blockchain based client reward solutions.