INTERNET CITY, DUBAI, Jul. 12, 2022 – LBank Exchange, a global digital asset trading platform, will list WEIcrypto (WEI) on July 14, 2022. For all users of LBank Exchange, the WEI/USDT trading pair will be officially available for trading at 17:00 (UTC+8) on July 14, 2022.
As a decentralized financial platform for individuals and business, WEIcrypto (WEI) enables users to mine coin by making purchases and sales, provides interest-free loans for business, and offers wallet that competes in functionality with online banking. Its native coin WEI will be listed on LBank Exchange at 17:00 (UTC+8) on July 14, 2022, to further expand its global reach and help it achieve its vision.
Introducing WEIcrypto
WEIcrypto is a decentralized financial (DeFi) platform ecosystem that has absorbed all the advantages of the modern financial system: from the convenience of disposing of funds to the ease of obtaining a loan, while passing the existing problems of the DeFi sphere and centralized institutions.
The platform provides an innovative payment system called WEIpay for individuals and organizations, with which users can transfer funds to their family or friends, not only by entering a wallet number or scanning a QR code, but also by a phone number.
Using WEIcrypto’s native coin WEI as a means of payment, both parties of the transaction receive a reward in the form of WEI cryptocurrency. So, for business there is an opportunity to earn in excess of the amount received from the buyer, and from the buyer, in the end, buy the goods cheaper. Thanks to the InstantSend algorithm, users no longer have to wait for the payment to be received, the process takes a matter of seconds.
In addition, there’s also WEIpartner, a service providing interest-free loans for business based on the principles of risk sharing and decentralization. It finances project in full or in part for a fixed percentage of the project’s income for a certain time, and the decision on the provision of funding is made by a vote of the masternode by determining the majority.
With all these products and services, WEIcrypto creates a whole ecosystem in which the use of cryptocurrencies and blockchain technology becomes the most convenient and profitable for all users, regardless of their immersion in blockchain technology.
About WEI Coin
WEI is the native coin of WEIcrypto ecosystem. The decentralization of the WEI cryptocurrency means that it cannot be counterfeited, and the algorithms developed by WEIcrypto team allow preserving the fundamental advantages of cash – anonymity, simplicity, and speed. The built-in PrivateSend and InstantSend mechanisms allow users to completely depersonalize the parties to the transaction, while significantly increasing the speed of transactions.
Using the Proof-of-Service algorithm, the user can participate in the distribution of miner rewards while ensuring the operation of the PrivateSend and InstantSend algorithms. The WEIback algorithm allows users to mine cryptocurrency in the simplest way: by making transactions. An individual who paid for the goods by WEI and a legal entity who accepted WEI for payment receive equal reward to their wallets within the WEIback system. So, WEI allows users to earn money by spending and accepting payments.
The WEI coin will be listed on LBank Exchange at 17:00 (UTC+8) on July 14, 2022, investors who are interested in WEIcrypto investment can easily buy and sell WEI coin on LBank Exchange by then. The listing of WEI coin on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about WEI Coin:
Official Website: https://weicrypto.com
Explorer: https://explorer.weicrypto.com
Telegram: https://t.me/weicryptocom
Twitter: https://twitter.com/teamweicrypto
Facebook: https://www.facebook.com/WEI-104552521956640
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.
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