As blockchain solutions surge, one cryptocurrency, Lossless (LSS), is currently bowing to its blockchain to help a DeFi platform recover $ 16.7 million of crypto funds that had been stolen after hackers exploit the protocol. The coin is currently in a very strong uptrend and has caught the attention of most cryptocurrency investors; most of whom don’t want to be left out while the coin takes off.
To help new investors and traders looking for cryptocurrency, Invezz has created a short article to help cryptocurrency traders and investors understand what Lossless (LSS) is and also find the best place to buy it.
For more information, keep reading.
Best Places to Buy Lossless (LSS)
Wondering how and where you can buy Lossless (LSS) crypto online to avoid missing out on the current uptrend? Well, you don’t have to worry anymore. You are in the right place!
All you have to do is find a trustworthy exchange, open a trading account, and deposit funds (either fiat or crypto, depending on the allowed way) to buy the amount of LSS tokens you want.
According to our team of professionals, these are some of the best platforms where you can buy LSS tokens online:
eToro is one of the leading trading platforms when it comes to investing in crypto assets. The eToro platform is packed with features such as copy trading, advanced technical charts, and a host of trading tools, and is ideal for beginners and professionals alike.
Skilling is a regulated CFD and Forex broker that allows investors to access over 800 financial instruments, including 10 popular cryptocurrency CFDs with competitive prices and fast execution time. Skilling offers a selection of trading platforms, including the broker’s own Skilling Trader and the popular, industry-renowned cTrader and MetaTrader 4 platforms, which can meet the needs of clients with varying levels of experience.
What is Lossless (LSS)?
Lossless (LSS) is the native cryptocurrency of the Lossless protocol.
If this is your first time learning about this protocol, it is a hacking mitigation tool for token creators. Token creators insert Lossless code into their protocol. The code is designed to freeze fraudulent transactions through some fraud identification parameters. The frozen transactions are then audited and evaluated to find out if they are the result of a hack or not. If found to be a cheat, the funds are returned to the owner’s account.
It was founded in Q1 2021 and has grown to be a robust tool, especially for DeFi developers. The recent recovery of $ 16.7 in stolen cryptocurrency from Cream Finance has set the protocol on the right trend.
The LSS token gives holders the ability to participate in the freezing of fraudulent transactions. A holder has the right to freeze fraudulent transactions after he or she wagers LSS tokens.
Should you buy the LSS token today?
If you are looking for a new cryptocurrency that is currently on the rise and whose value has the potential to grow, then the LSS token is a good option.
However, you should be aware of the fact that buying from the cryptocurrency market is extremely volatile.
Lossless price prediction
The price of Lossless (LSS) is expected to continue to rise, especially following the role that the Lossless protocol is playing within the DeFi space.
Lossless social media coverage
Lossless helped to recover $ 16.7M from the exploit on Cream Finance. This is our first recovery of such scale! pic.twitter.com/SFXvRdtslG
– Lossless (@losslessdefi) October 1, 2021
Cream Finance has managed to recover a substantial chunk of the recently stolen cryptocurrency funds.https: //t.co/PNKPHN4bFT
– CryptoPotato Official (@Crypto_Potato) October 2, 2021
The post Where to Buy Lossless (LSS): Trend After Helping Cream Finance Regain $ 16.7 Million in Stolen Funds appeared first on Invezz.