LiveX is the primary cryptocurrency of the LiveX network, a blockchain platform that is designed to support fast, secure, and scalable transactions as well as a way to participate in the network's governance and consensus mechanism. Live Coin serves as the native currency for the LiveX Network ecosystem, providing users with a means of exchange for goods and services, As a proof-of-stake (PoS) blockchain.
One of the key advantages of LiveCoin is its fast and inexpensive transaction processing times. Unlike many other cryptocurrencies, which can be slow and costly to transact with, Live Coin transactions can be completed quickly and at a low cost. This makes it an ideal currency for use in everyday transactions, as well as for trading on cryptocurrency exchanges.