LATOKEN
LATOKEN Review 2025 – Is It a Safe Crypto Exchange?
Thinking of trading or investing with LATOKEN? In this detailed review, we examine LATOKEN’s “regulation,” supported assets, fees, platform features, and more. By the end, you’ll know whether LATOKEN is a suitable exchange for your crypto trading needs in 2025.
| Feature | Details |
|---|---|
| Exchange Name | LATOKEN |
| Founded / Launch Year | 2017 |
| Headquarters / Legal Base | Registered in Cayman Islands (operated by LiquiTrade / offshore entity) |
| Regulations / Licensing | No public, major-jurisdiction license; unregulated in many countries |
| Minimum Deposit / Trade | No fixed “minimum deposit” — depends on cryptocurrency, but small amounts are allowed |
| Account / Service Types | Spot crypto trading, Token Sales / IEO participation, P2P (fiat ↔ crypto), OTC / large-volume trades (in select regions) |
| Trading / Transaction Platforms | Web platform, Mobile app (iOS / Android), P2P interface, Basic API access |
| Assets / Instruments Offered | Hundreds of cryptocurrencies & tokens (~ 586+ coins, 640+ pairs as of 2025) — major coins (BTC, ETH, etc.), many altcoins, stablecoins, new / less-known tokens, token-sale / IEO coins |
| Leverage / Margin / Derivatives | Primarily spot trading — margin / derivatives not clearly available (varies by region / regulation) |
Regulation & Safety
LATOKEN **does not** appear to be licensed by any of the major global financial regulators (e.g. FCA, SEC, ASIC, CySEC) — its legal entity is offshore. The regulatory oversight is therefore limited.
Key safety/compliance features and issues:
- They require KYC/AML checks for many users.
- They claim to store a portion of assets in cold-storage, use encryption, and support 2-factor authentication (2FA).
- There is **no publicly verified “proof of reserves”** or third-party audit proving full backing of user funds — transparency is limited.
- Because LATOKEN is unregulated in many jurisdictions and legal protections are minimal, user funds are inherently more at risk compared with regulated exchanges.
Trading / Services Offered
| Service Type | Platform(s) | Features | Notes / Fees |
|---|---|---|---|
| Spot Crypto Trading | Web, Mobile | Buy/sell a large variety of cryptocurrencies and tokens | Standard trading fees apply (see below) |
| P2P (Fiat ↔ Crypto) | Web interface | Peer-to-peer marketplace for fiat/crypto exchange via escrow | Fees depend on payment method and peer agreement. Some fiat currencies supported (USD, EUR, INR, BDT, etc.) via P2P. |
| Token Sales / IEOs | Web | Purchase new tokens or participate in initial exchange offerings | High risk — many new tokens; often speculative or high-volatility |
| OTC / Large-Volume Trades (select users) | API / Web | Support for large trades, liquidity services (subject to eligibility) | Custom fee / service agreements |
Fees, Costs & Trading Conditions
- Trading fees: Maker/taker fees are relatively high: ~ 0.49% per trade for small-volume traders.
- Fee discounts: If you pay trading fees using native token (LA token), exchange claims to offer a significant discount.
- Withdrawal / deposit fees: Crypto deposits generally free (you pay blockchain/network fees). Withdrawal fees depend on coin — e.g. BTC withdrawal fee 0.0005 BTC (but some users report delays or issues).
- No inactivity fee? / hidden costs: There have been user complaints about “hidden fees” or unexpected fees when withdrawing or converting certain tokens.
Security & Measures
- Encryption of data and passwords, and use of secure protocols for transactions.
- Cold-storage for majority of crypto assets (claimed by exchange) — helps reduce risk of large-scale hacks.
- Support for 2-factor authentication (2FA) for user accounts.
- No publicly verifiable audit or “proof of reserves” — transparency about total holdings or solvency is unclear.
Deposit & Withdrawal Options
| Method | Processing Time | Fees / Notes |
|---|---|---|
| Crypto Wallet Transfers | Minutes to hours (depending on blockchain) | Network fees apply; withdrawal fees depend on coin (see fee schedule) |
| P2P Fiat ↔ Crypto (select currencies) | Varies — depends on peer & payment method | May involve additional fees depending on payment method and counterparty agreement. |
| OTC / Institutional Transfers (if eligible) | Varies | Fees & times depend on agreement |
Customer Support
- Support via email / support ticket system.
- No consistent 24/7 support — many users report delays or unresponsiveness for withdrawals or dispute resolution.
- Limited transparency around support performance — many negative user reviews citing frozen accounts or unresolved withdrawal issues.
Pros & Cons
Pros
- Large variety of cryptocurrencies and tokens, including many altcoins and new tokens — wide selection.
- Spot trading + P2P fiat-crypto exchange + token-sale / IEO participation — flexible features for crypto users.
- Standard security measures offered (cold storage, encryption, 2FA) — better than no security.
- No large minimum deposit — accessible for small investors or beginners who want to trade small amounts. (Crypto-to-crypto trades often allow small amounts)
Cons
- High trading fees (maker/taker ~0.49%) — costly compared with top-tier exchanges.
- No strong regulatory oversight or license — user protections are weak compared with regulated exchanges.
- Frequent user complaints about withdrawal delays, frozen accounts, unresponsive support.
- Transparency issues: no public proof of reserves or audited fund holdings.
- Many small / high-risk tokens listed (including dubious ones), increasing risk of scams or “rug pull” projects.
Is LATOKEN Right for You?
If you want access to a wide variety of cryptocurrencies — including altcoins and new tokens — and are comfortable with the risks of using a largely unregulated exchange, LATOKEN may offer opportunities for speculative trading or IEO participation.
However, if you value strong regulatory protection, transparent audits, and reliable withdrawal support, you may want to consider more established — and regulated — exchanges instead.
If you decide to use LATOKEN:
FAQs About LATOKEN
Is LATOKEN regulated?
No — LATOKEN is registered offshore and does **not** have a license from major global financial regulators.
Is there a minimum deposit or trade size?
Not strictly — deposit/trade minimum depends on the cryptocurrency and network minimums; many small-amount trades are possible.
Can I trade many cryptocurrencies and tokens on LATOKEN?
Yes — hundreds of cryptocurrencies (~586+ coins, 640+ pairs) are listed, including many altcoins, stablecoins, and new tokens.
How high are the trading fees?
Maker/taker fees are relatively high: around 0.49% for smaller traders. Fees may be reduced if you pay in the native token (LA).
Are withdrawals and deposits safe and fast?
Crypto deposits/withdrawals depend on blockchain/network; withdrawal fees apply. However — there are many complaints about delays and occasional withdrawal problems, which suggests caution.
Disclaimers
Cryptocurrency trading is highly risky due to volatility, regulatory uncertainty, and potential platform risk. Before using exchanges like LATOKEN, make sure you fully understand the risks, use strong security measures (e.g. 2FA), and never deposit more than you can afford to lose.
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