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What is Lossless (LSS) coin and how does it work?

by Financial Economy
what-is-lossless-lss-coin-and-how-does-it-work

Lossless is an anti-hack loss mitigation tool for Token creators. The Lossless protocol freezes the fraudulent transaction based on a set of fraud identification parameters and returns the stolen investment to the owner’s account. Information about some topics that what is Lossless (LSS) coin, how does it work, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about Nash (NEX) coin.

What is Lossless (LSS) coin and how does it work?

LSS Coin is the token of the Lossless platform, built on the Ethereum network. The LSS token provides the ability to join the lossless network. Therefore, holders of the LSS token have the right to stake and therefore freeze fraudulent transactions, which will be checked and evaluated for a hack.

Lossless features!

Lossless Protocol freezes fraudulent transactions based on a set of fraud identification parameters and returns stolen funds to the owner’s account. The platform code detects fraud, freezes and reverses stolen funds. Token generators add Lossless code to their protocols to reduce losses from exploits and attacks.

Lossless purpose!

Lossless has set out to prevent and undo all upcoming hacks in the DeFi space, making it easy to grow.

Which exchange is LSS coin on?

Lossless coin is listed on some cryptocurrency exchanges such as KuCoin, Gate.io, BKEX, Hoo, PancakeSwap (V2), etc.

How to buy Lossless coins?

Lossless coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

LSS coin supply!

Total and maximum supply of Lossless coin is 100.000.000 LSS.

LSS coin price!

As of June 9, 2022, at the time of the writing, 1 Lossless coin price is around $0,1608 (because of the volatility the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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