On July 7, 2022, LYO Credit (LYO) was listed on LBank Exchange. The LYO/USDT trading pair is now formally accessible for trade to all LBank Exchange users.
LYOPAY brings the cryptocurrency world to users’ smartphones and offers all services needed to use cryptocurrencies, such as wallets, exchanges, staking, shop payments, and more. On July 7, 2022, at 16:00 (UTC+8), its native token LYO Credit (LYO) was listed on LBank Exchange to assist it to broaden its worldwide reach and realizing its vision.
Introducing LYOPAY
A cryptocurrency payment app called LYOPAY has grown into an ecosystem of services aimed at giving its users the necessary resources to use cryptocurrencies on a daily basis. These services include trading, DeFi, travel booking, and much more, and they all help to shape the LYO Ecosystem for everyone. Each service in the ecosystem uses technology to make bitcoin transactions easier for both businesses and consumers.
The LYOPAY app provides a wide range of services. Users can store their coins safely in the built-in crypto wallet and carry out quick exchanges and transactions to other wallets. Users can now send SEPA transactions in euros to foreign banks and quickly receive them—within 24 to 48 hours. Users can instantly convert fiat and cryptocurrency for cheap fees on more than 100 exchange rates by using the turbo swap tool. The customer would also have the option of ordering their debit card online and having it delivered to their home.
In addition to the LYOPAY app, the LYO Ecosystem is made up of services and products that enable anyone to use cryptocurrencies in their daily transactions. These include LYOTRADE, a centralized cryptocurrency exchange with a high liquidity system from 300 exchanges; LYOTRAVEL, a platform where users can purchase tickets for flights, hotel rooms, and car rentals with bitcoin and other cryptocurrencies; and LYOTECH, an R&D firm that creates software and hardware products, such as smartphones,
LYOPAY develops solutions for daily cryptocurrency use in order to realize the vision of cryptocurrencies serving as the primary form of payment. With its tools, cryptocurrency will be able to access anything, including travel, trade, e-commerce, and more.
LYO Token
The token designed to operate in the LYOPAY ecosystem of commercial applications is called LYO Credit (LYO). It can be used for a variety of things, including card payments, e-commerce, crowdfunding, buying and selling goods and services, and paying transaction fees at a reduced rate while trading.
According to BEP-20, LYO has a total supply of 250 million (i.e. 250,000,000) tokens, of which 48 percent are distributed for mining and social mining, 14 percent are allocated for treasury, 12 percent are allocated for the initial coin offering (ICO), 8 percent are used for rewards and auctions, 8 percent will be used for airdrops and promotions, 5 percent are allocated for yield farming, 3 percent are given to the team, and the remaining 2 percent are given to the advisor.
On July 7, 2022, at 16:00 (UTC+8), the LYO token was launched on the LBank Exchange. Investors interested in LYOPAY investments can now easily buy and trade LYO token on the LBank Exchange. Undoubtedly, the LYO token’s listing on LBank Exchange will aid in the company’s further business growth and increase market awareness.
