[Geko]

Lykke

https://www.lykke.com/

Account creation: yes
ID verification: yes
Internal wallet: yes

Lykke was founded in 2015 by Richard Olsen, a pioneer of high-frequency trading, founder of OandA, and a well-known figure in the world of quantitative finance. He believes that blockchain technology may bring us closer to a world with less conflict and more happiness.

The company is listed in Switzerland. Company shares are issued as colored coins redeemable on the Lykke Exchange.

Their goal is to be the marketplace where people can buy and sell anything represented by a cryptographic token — in other words, anything that you can hold in a wallet. They are starting with currencies, but they will eventually include stocks, bonds, financial products, ownership of real assets, goods, and even services. Wherever there are buyers and sellers, they want them to use Lykke to find what they are looking for.

Lykke is a good marketplace to deposit and exchange your Fiat currencies to BTC, ETH (most common cryptos).

- Pros: Nice platform, mobile based. No fees, just spread. CC and bank wire options (no fees again). Listed.

- Cons: New in the business?

You can buy LKK which are shares in Lykke from inside the app if you believe in this project. I will start a thread about Lykke as an instrument for further discussions.

So, it is definitely worth to have a look at this one.

I have created an account today and I am waiting for the validation.

It seems that Lykke is an exchange and also an online wallet... more on this later.

[Geko]

Just a quick update about Lykke.

My KYC (Know Your Customer) status was confirmed yesterday and so I have now access to their services (it took 5 days as it seems that they have a high volume of registrations submitted recently).

I made a small deposit yesterday to start testing their services.

A great point is that you can make deposit through Credit Cards (in USD). They are one of the only exchange which allow such an option. With almost all the other exchanges you will have to proceed with wire transfers (which mean around 3 days delay).

So, I made a first deposit through credit card yesterday, which was credited immediately in my account. They are using CreditVouchers.com as an intermediary to perform those credit cards deposit.

Next step is to test their market and buy some of their shares.

Next update later.

Once I have a good understanding of their app I will prepare a short how to.