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Luxurious Pro Network Token (LPNT)

Updated on :  

08 min read.

Launched in the fourth quarter of 2020, Luxurious Pro Network Token (LPNT) is the Initial Coin Offering (ICO) of Luxurious Pro Network Group (LPNG). It is a group of companies that are global leaders in transportation and Forex trading. Headed by Satish Mostra, this group aims to make LPNT a worldwide cryptocurrency for people from all walks of life.   

From this article, you can learn about the LPNT token, its features, its relationship with Forex, its advantages and how to invest in it.

About LPNT

LPNT is a multi-chain ERC-20 token based on the Ethereum blockchain. Like any other cryptocurrency, you can use it to buy or trade other crypto or fiat currency. This makes it a good investment opportunity. 

LPNG launched this token with the sole objective of adding value and versatility to the user experience of its clients. You can easily buy an LPNT token on the ProBit website. To open an account, the steps are:

  1. Visit the official website of ProBit, press the ‘Registration’ option and fill out the account form
  2. Submit the form and then verify your email address and phone number
  3. Fill up the KYC form

After the KYC process, you must wait 24 to 48 hours for verification.

To buy LPNT, follow the given steps:

  1. Sign in to your Probit account
  2. Enter the OTP for verification
  3. Place your order and make the payment

Alternatively, you can buy these tokens by visiting any trustable decentralised exchange of your choice that supports LPNT. Some of them are: 

  • BuyUcoin
  • Bittrex
  • MetaMask
  • Coinomi
  • Trust Wallet
  • Atomic Wallet

Let’s take the example of BuyUcoin for your convenience. You can buy LPNT by following the steps mentioned below:

  • Sign in to your BuyUcoin account or Sign up with your email ID (in case you do not have one)
  • Complete the KYC verification by giving your Bank, PAN and Aadhaar details
  • Deposit a crypto or fiat currency of your choice to your BuyUcoin wallet

You are all set to buy Luxurious Pro Network Tokens. 

Features of LPNT

The Luxurious Pro Network Token sports a unique set of features which are:

  • Security of blockchain

The LPNT token, based on the Ethereum blockchain, brings all the security and encryption features of this system. Your transactions remain anonymous, and your data is time-stamped at the time of its entry. Each block is shared across all the nodes on the network, and the information cannot be changed once it gets logged into the system.  

  • Safe and reliable

The folks at LPNG implement various safety measures to ensure you have a positive experience with LPNT. The measures include but are not limited to a visual cryptogram, AVS, not saving any data on the website, cryptography, and measures to prevent search attacks. 

  • Low transaction fee with no chargeback

As LPNT is based on the blockchain system, there is no third-party intermediary leading to lesser transaction fees. The group also assures its clients not to worry about chargebacks. 

  • Speed

LPNT sports the latest peer-to-peer technology, thus making your transactions fast and secure. Compared to other cryptocurrencies, this token completes your transactions within approximately 15 seconds. 

  • Mobility

Paying with cryptos has made transactions hassle-free. You can use your smartphone or computer to make payments with LPNT at any time of the day. 

  • International use

The problem with international transactions is that their processing fees can be costly and take a lot of time. With the help of blockchain and a peer-to-peer payment system, LPNT changes the entire game. You do not have to pay international fees, and your transactions are superfast. There are no limitations on whom you can send funds to or when and where. 

With LPNT, you have no arbitrary limits; according to the group, your account cannot be frozen. 

LPNT and Forex

The Luxurious Pro Network Group has achieved a landmark in linking cryptocurrency with the Forex market. With the help of its token, this group has brought the advantage of trading crypto for forex trading, shares, energies, soft commodities, precious metals and indexes all under one roof. 

For additional layers of security, the group is also launching a decentralised cryptocurrency vault that will safeguard your funds in your crypto wallets and your account. 

Investing in LPNT

The folks at Luxurious Pro Network Group have a unique plan to make your investment grow. Their objective is to significantly increase the demand, supply, circulation and utilisation of LPNT by making it usable on multiple platforms. 

Furthermore, once these factors reach a certain level, the group will apply the concept of increased demand and limit the supply among its users. This will ensure that the financial value and growth of the token reach the next level. 

So, if you are thinking of investing in the Luxurious Pro Network Token, its makers have already planned on how to make your assets grow. 

Advantages of LPNT

LPNT was created to provide multiple benefits across a variety of situations. The fact that it is Ethereum-based only fuels up its perks. The advantages you get by investing in this token are:

  • Interoperability

Being an ERC-20 token, you can trade your LPNT tokens with Ether whenever you like. This will benefit you by diversifying your investment and reducing risks as all your eggs are not in one basket. However, you must pay a small gas fee to convert your tokens to Ether. But, when it comes to safeguarding your investment, this is a very small price to pay. 

  • Liquidation

With the volatility in the crypto market, liquidation is a factor you must always keep in mind. You can buy LPNT with crypto, making it easy to safe-keep your investment if your crypto assets start to crash. Also, you can sell LPNT directly for fiat currency, making it an excellent liquidation option in case you need cash. 

  • NFTs

You can invest in NFTs on the Ethereum blockchain by trading your LPNT token with Ether. NFTs being non-fungible, hold their value and thus cannot be replaced with something else. This feature will help you earn a hefty profit in this market.

Many NFT investors made huge profits as they could source rare and unique NFTs and sell them when their value soared. If you have your eyes on this digital market segment, your investment in LPNT can come in handy.  

  • Smart contracts

Similar to getting NFTs on the Ethereum blockchain, LPNT tokens will also give you the advantage of using smart contracts. This feature will help you automate your business or any transaction that you may want to do on the Ethereum network.  

To conclude, Luxurious Pro Network Tokens have made a new benchmark for the versatility of cryptocurrencies. However, before you invest, always consult with an experienced investor and conduct thorough research from credible sources.