LATOKEN Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • Mobile Apps
  • TradingView
  • Crowdfunding platform

LATOKEN Review 2024

Updated: March 12, 2024
Updated: March 12, 2024
Your capital is at risk.

4.72

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • Mobile Apps
  • TradingView
  • Crowdfunding platform
Trading features:
  • Many cryptocurrencies, no fiats, low commissions, several investment options, a profitable referral program, proprietary crowdfunding platform

Summary of LATOKEN Crypto Exchange

LATOKEN is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.72 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by LATOKEN clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. LATOKEN ranks 35 among 169 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

The LATOKEN crypto exchange offers favorable trading conditions such as a lot of cryptocurrencies and coins, large trading volumes, and proven liquidity providers. The advantages for investors are several progressive opportunities for passive earnings and many functionalities are integrated into the trading terminal. The desktop version of the terminal is a standard TradingView platform with a built-in exchange listing, investment modules, and other functions. There is an application for mobile trading. Commissions for perpetual contracts are fixed and the margin depends on the trading volume.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
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Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

The LATOKEN cryptocurrency exchange is a universal platform for exchanging, buying, and selling cryptocurrencies and tokens. Bitcoin, Ethereum, Litecoin, Tether, TRX, EOS, LA, and dozens of other assets are traded on the exchange. There is no fiat trading on this platform. There is margin swap trading on crypto-crypto pairs, as well as trading on leveraged perpetual contracts. The exchange has a referral program with bonus payments, there is the possibility of passive earnings through staking deposits in DeFi coins, and investing in developing blockchain projects. LATOKEN gives you a free listing and the possibility to arrange investments for your own project. Trading commissions are below the market average at 0.49% for a taker/maker at the first level with a minimum trading volume.

💰 Account currency: Cryptocurrencies
🚀 Minimum deposit: $1
⚖️ Leverage: 1:2
💱 Spread: Market
🔧 Instruments: Cryptocurrencies
💹 Margin Call / Stop Out: No

👍 Advantages of trading with LATOKEN:

  • on the exchange, you can trade Bitcoin, dozens of altcoins, and the most popular tokens;
  • after registration, each user receives a welcome bonus in tokens;
  • advantageous referral program for which you and your referral receive $50 each;
  • functional proprietary mobile application developed for iOS and Android gadgets;
  • comfortable and favorable conditions for investment programs such as staking, deposits in DeFi and large blockchain projects;
  • the opportunity to introduce your own coin to the platform and offer your project for investment;
  • 99.5% of assets are cold stored;
  • Security: 2FA authentication, TLS encryption, and DDOS protection.

👎 Disadvantages of LATOKEN:

  • no demo accounts or tutorials for novice crypto traders;
  • communication with the technical support of the platform is available only by email and through tickets;
  • fiats are not traded on the LATOKEN cryptocurrency exchange because the platform has only cryptocurrencies and tokens.

Evaluation of the most influential parameters of LATOKEN

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

3.89

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

7.30

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

7.08

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

7.24

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

7.60

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

7.82

/10

Trade with this broker, if:

  • You prefer the convenience of depositing funds using various fiat currencies through credit/debit cards or bank transfers. LATOKEN provides these options, making it easier for you to start trading without the need for additional conversions.
  • You are interested in staking and earning. LATOKEN offers staking options for several cryptocurrencies, providing you with opportunities to earn passive income by participating in the network and securing blockchain transactions.

Do not trade with this broker, if:

  • You prioritize using exchanges with longer operating histories and established reputations. In that case, LATOKEN's shorter track record might not meet your criteria.
  • You are cautious about potential regulatory uncertainties impacting your trading activities or the exchange's compliance measures. In that case, you may prefer to avoid LATOKEN and opt for exchanges with clearer regulatory frameworks.

NOTE!

Do not miss a chance to get additional monthly bonuses and payouts for trading at LATOKEN cryptocurrency exchange.

Login preview

Enter the referral code when you register on the website or LATOKEN app.

d7mvkdtx

Login preview

Register and get a $50 Bonus

Your capital is at risk.

Geographic Distribution of LATOKEN Traders

Popularity in

7.9%
IN
India
6.8%
TR
Turkey
4.3%
US
United States
3.1%
EG
Egypt
2.7%
VN
Vietnam
2.5%
RU
Russian Federation
2.4%
DZ
Algeria
2.4%
BD
Bangladesh
2.3%
SA
Saudi Arabia
65.6%
Others
Others

Video Review of LATOKEN i

LATOKEN Latest Comments for 2024 i

52 comments
Total score:
4.2 /10
  • Best
  • Last
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silyhonest

I think that LATOKEN is a low-level exchange. Those looking for good returns and volume have nothing to do here. But for novice crypto traders, LATOKEN is quite a good option. The main thing is to understand this platform and not to risk large orders. Volumes are small for very active trading, but for one or two trades per day this is quite ok.

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Nuwan

At the LATOKEN exchange, various methods are used to ensure that users' funds remain on the exchange. The most popular method is using third-party wallets in the user's personal account. This means that the user, by copying the address in their LATOKEN account, transfers funds to a completely different wallet. This happens because the exchange changes the cryptocurrency network. However, the user is held responsible for such transfers, and no one refunds the money to them.

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ramesh1975

The Latoken exchange inflates trading volumes. As a result, my orders can linger in the order book for a very long time. Even though my orders do not get executed, periodically, orders appear in the order book and quickly disappear. It seems very much like Latoken exchange introduces robots into the trading terminal that engage in trading. I am afraid this might be simulated trading rather than actual trading on the real market.

Responses to a comment
muarsapro to ramesh1975

I believe that the LATOKEN exchange accounts absorb all real orders, leaving nothing for the users. Alternatively, users may have their orders executed at prices that result in losses for them. This way, the exchange comes out ahead.

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yasser

A very negative opinion about the LATOKEN exchange. There is no communication even with the customer support. When the platform freezes at the moment of order opening, I brace myself for the worst. Several times, when opening an order, LATOKEN provided a price worse than the market price. The platform issues cannot be resolved, and customer support is unresponsive. In general, I had to leave this exchange.

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amboqo

One fine day, I decided to log into my account on the cryptocurrency trading platform provided by Latoken exchange. And what do you think? They had blocked my account. Without any reasons or explanations, and of course, there was a substantial amount of money in it. I received no warning emails. The Latoken support team is ignoring me.

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chaudhryhanan

LATOKEN’s fees are huge. I withdrew a coin on the ERC-20 network, and the fee was above $50. How much do you need to earn to withdraw profits from your LATOKEN account? Moreover, I suggest studying the order books on its trading platform. There are practically no offers there, but trading is ongoing. That is, on this exchange there is a usual increase in volumes.

Responses to a comment
RACHNA to chaudhryhanan

The commissions at LATOKEN are indeed very high. The company charges a commission not only during trading or withdrawal but also when replenishing the trading account. In other words, the company takes money wherever it can.

kanchan21 to chaudhryhanan

The Latoken exchange is a platform where customers are deceived. This concerns not only the commission. I was told that I could trade without verification, but it turned out that verification is required for withdrawal. Now I have been waiting for two weeks for the exchange to verify me.

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Nik1

Very dissatisfied with the services offered on the Latoken exchange. There are significant issues with both trading and payment operations. I tried withdrawing to different networks, but everywhere the withdrawal times exceed one week. On other exchanges, I withdrew cryptocurrency within two hours. So, it can be said that the conditions at Latoken are simply terrible.

Expert Review of LATOKEN

LATOKEN is one of the fastest-growing crypto exchanges. In 2019, it was among the Top 20 cryptocurrency exchanges, according to CoinmarketCap. Since then it has not left the leading positions in the international rating. The headquarters is located in Estonia. It is managed by Payex OÜ, which has a valid license and operates transparently.

The exchange offers dozens of cryptocurrencies and tokens for crypto-to-crypto trading; plus, there are margin markets and perpetual contract trading that provide leverage. There is no minimum deposit, and there are no restrictions on trading strategies such as scalping. It uses the TradingView trading terminal and has developed mobile applications for iOS and Android. The desktop terminal and applications are rated by experts as convenient and functional.

There were no technical problems during testing. The exchange offers a variety of investment solutions for staking, crowdfunding, and investing in DeFi coins. The referral program is single-level. According to this program, the user and his partners receive a one-time bonus. There is also a welcome bonus. Commissions are below the market average, and up to 0.49% for the taker and maker for margin trading.

The summary analysis showed high growth rates, large trading volumes, and an active influx of traders and investors. Among the relative disadvantages are the absence of fiat currencies, no call center, and no demo accounts. An important advantage is the presence of a proprietary integrated crowdfunding platform.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of LATOKEN’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

The LATOKEN cryptocurrency exchange provides three types of investment programs: staking, deposits in DeFi coins, and crowdfunding projects. For an investor, participation in them is technically identical. You have to go to the appropriate section of the site or terminal (for example, Staking), where all relevant programs will be placed. Then choose the best one for yourself and make a deposit. It's as simple as that!

Programs differ in the type of asset, the size of the minimum deposit, duration, and interest rate. The deposit is frozen for the duration of the program. After the specified period (for example, 30 days), the deposit plus accrued interests are returned to the user.

When investing in large blockchain projects, the minimum deposits are increased, as are the interest rates (compared to regular staking). Unlike LATOKEN’s competitors, such deposits have a reduced risk, since we are talking about projects that are developing in the crypto exchange’s proprietary crowdfunding business incubator.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

LATOKEN’s affiliate program

Cryptocurrency exchange LATOKEN offers a simple and profitable referral program. After registration and verification (identity confirmation), each user can invite other traders to the platform using a personal referral link. This link is available in your personal account.

Any user who registers with the platform using your referral link and undergoes identity verification will bring you a one-time bonus of $50. Your partner will also receive a like bonus. Bonus funds cannot be traded or used for investment, but they can be used to reduce trading fees. For each operation, you can pay up to 25% of the commission from the pool of referral bonuses.

The number of partners within the referral program is not limited.

Trading Conditions for LATOKEN Users

The LATOKEN exchange has no minimum deposit. You need to register and verify your identity. After that, you can immediately start trading by making any deposits in any cryptocurrency. Inputs from other crypto wallets and electronic wallets are available. Leverage is provided for both margin trading and perpetual contract trading. The amount of leverage depends on the selected pair. Technical support is available through tickets and you can also contact the exchange specialists by email. Other communication methods are not available.

$1

Minimum
deposit

1:2

Leverage

24/7

Support

💻 Trading platform: TradingView for browsers; mobile apps; proprietary crowdfunding platform
📊 Accounts: Standard
💰 Account currency: Cryptocurrencies
💵 Replenishment / Withdrawal: Electronic and cryptocurrency wallets
🚀 Minimum deposit: $1
⚖️ Leverage: 1:2
💼 PAMM-accounts: No
📈️ Min Order: from 0
💱 Spread: Market
🔧 Instruments: Cryptocurrencies
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: N/A
⭐ Trading features: Many cryptocurrencies, no fiats, low commissions, several investment options, a profitable referral program, proprietary crowdfunding platform
🎁 Contests and bonuses: N/A
Your capital is at risk.

Broker comparison table of trading instruments

LATOKEN Bybit KuCoin BitGet Coinbase Bitpanda
Forex No No No No No No
Metalls No No No No No Yes
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No Yes
Stock No No No No No Yes
ETF No No No No No Yes
Options No No No No No No

LATOKEN Commissions & Fees

Information
The LATOKEN cryptocurrency exchange charges commission fees for all trading operations. For margin trading, the amount of the fee depends on the user’s trading level. It is determined by the volume of trades over the last 30 days. There are nine trading levels in total. The commission at the lowest level (first level) that involved trades up to USD 10,000 in the previous 30 days) is 0.49% for a taker/maker. The commission at the highest level (the ninth level) that involved trading over 20 million US dollars in the previous 30 days is 0% for the maker and 0.04% for the taker.
Account type Spread (minimum value) Withdrawal commission
Standard up to 0.49% per order Yes

The commission fee for trading operations with perpetual contracts is fixed, it does not depend on the trading volume and is equal to 0.06% for a taker/maker. The platform charges commissions for depositing and withdrawing funds, and there is a minimum withdrawal amount based on the asset. These indicators differ for specific assets and are presented in the corresponding section of the site. See the "Commissions" section).

Broker Average commission Level
LATOKEN $0.49 Medium
Bybit $20 High
Bitfinex $0.1 Low
Logo LATOKEN
$0.49
$20
$0.1

Contacts

Foundation date
Registration address London, England, United Kingdom
Official site
Contacts
Your capital is at risk.
Disclaimer:

Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.

User Reviews of LATOKEN i

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review.

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mksahu911

I have been trading with LATOKEN for over a year. If there is a loss, it is solely my fault. There are no complaints about the broker, and it does not present any unpleasant surprises either. Together with trading, I invest in Los Angeles (aka “LA”), which is the company's own token. It already has good liquidity and is quoted on 7 major exchanges, so I consider my investments to be promising. Depending on my activity, I additionally get LA in free giveaways. There are no ideal brokers, but LATOKEN has a minimum of shortcomings. One of them is the absence of fiat pairs among the financial instruments.

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sabrifx

I started trading on LATOKEN six months ago. I was waiting for confirmation of my application to another company; so in order not to waste time, I registered here in parallel, since the broker does not require verification, and an account can be created in 5 minutes. All that, I liked it. And although later, to expand trading opportunities and increase the withdrawal limit, I nevertheless had to go through verification, which I quickly passed. It was not even necessary to interrupt the trading. The LATOKEN exchange offers good conditions and a simple trading terminal, so you can start here without experience. I recommend it to everybody.

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Syhilinsskii

Slippages, requotes and disconnections - this happens all the time with LATOKEN. So I traded here, but not for long. It makes no sense to drain your money over and over again because of their poor-quality trade. Plus, LATOKEN withdraws money for a very long time. But it’s good that they brought mine to me, I look at the reviews that not everyone succeeds.

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Samzew

LATOKEN sometimes has problems with account replenishment. Especially, for some reason, from the mobile version if you do it. I don’t want to mislead anyone, I couldn’t earn millions with them: the leverage here is small, alas, sadly. I will no longer cooperate with them - everyone must understand for himself where and why he invests money.

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shellyre3

LATOKEN has a lot of problems. But the biggest problem is the security of logging into the user account. I had to change my password to log in several times because the LATOKEN system blocked me. But a week ago, I was not only prevented from entering my user account, but completely blocked. They say that I need to contact support. I wrote there, but there is no answer for a week now.

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yasser

A very negative opinion about the LATOKEN exchange. There is no communication even with the customer support. When the platform freezes at the moment of order opening, I brace myself for the worst. Several times, when opening an order, LATOKEN provided a price worse than the market price. The platform issues cannot be resolved, and customer support is unresponsive. In general, I had to leave this exchange.

Avatar
Avatar
ramesh1975

The Latoken exchange inflates trading volumes. As a result, my orders can linger in the order book for a very long time. Even though my orders do not get executed, periodically, orders appear in the order book and quickly disappear. It seems very much like Latoken exchange introduces robots into the trading terminal that engage in trading. I am afraid this might be simulated trading rather than actual trading on the real market.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
LATOKEN Review LATOKEN Review

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FAQs

Do reviews by traders influence the LATOKEN rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about LATOKEN you need to go to the broker's profile.

How to leave a review about LATOKEN on the Traders Union website?

To leave a review about LATOKEN, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about LATOKEN on a non-Traders Union client?

Anyone can leave feedback about LATOKEN on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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