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lalaworld

Pro-Tips to safeguard your Cryptocurrencies

safeguard your crypto with arax

Among choosing the right cryptocurrencies for investing, right wallet, and ensuring proper security of digital assets, investors go through a lot of decision making. Most of their decisions are well informed, but when it comes to security, everyone is clueless.

The security side of cryptocurrency has a lot of information on the Internet. Still, it is hard for the users to narrow down on a single wallet or software to entrust it with all their valuable crypto assets. So, let’s talk about safeguarding your crypto by following these well-tested pro-tips.

  1. My crypto has been stolen, what can I do?

Honestly, all the crypto thefts cannot be recovered. In most cases, theft is a case of phishing, compromised private keys, redirecting users on fake websites, or API manipulations. In the case when your crypto assets are stored on a wallet or exchange and the theft is due to lack of security on their end, they’ll be liable for compensating the loss.

Most likely, you cannot do anything in that case.

  1. How the heck did crypto theft happen?

Over the years, the hackers and attackers have been developing new ways and that too at the equal pace with the blockchain security development. Phishing continues to remain the most common threat. You need to make sure of the reliability of the sources for crypto news along with the platforms for trading and storing the crypto.

Those who plan the phishing attack often plant fake links in emails or they may redirect the original website to their planned phishing site with a little change in the URL. You should always double check the URLs of the exchanges.

  1. Where should you store the keys?

The biggest mistake people make is of storing their private keys (passwords) in email or on online storage platforms like google drive. The emails and drives are prone to hacking if the attackers are aware of your crypto holdings. The best place to store your keys is your local computer.

You can also copy the keys in a file and store it in a USB drive. Keeping a USB drive handy seems too much work. However, just stick to this blog and we’ll simplify it for you so that you won’t need to go back to your USB repeatedly.    

  1. What if you lose your keys?

All of us have read news around how people lost access to Bitcoins worth millions of dollars. According to an estimate by Chainalysis (forensics firm that studies the bitcoin blockchain), 3.79 Million Bitcoins are lost on the Blockchain. Losing coins simply means that their owners lost the private keys (or master password) of their exchange or wallet. In some cases, they might have even lost their hard drive (cold wallets) on which they had stored their bitcoins.

In wallets like Arax, you have the option to keep one of the two keys safe, namely, Master password and private keys. In case you lose one of them, there is always an option to restore or recreate the other one, but no one will be able to help you if you lose both. It is the same as losing the keys of your car. However, the only difference is that you can break into the car but you can never break into a crypto wallet.

If you research more on the Internet, you’ll find a number of cumbersome measures to safeguard your crypto. But all that comes with the tradeoff with ease of use and your experience. No smart investor would like to spend hours jumbling with software, keys, and websites to get secure access to their own crypto.

On the other hand, they can opt for Arax global cryptocurrency wallet which comes equipped with industry grade security measures. All you need to do is securely store your Master Password on your local computer and remember the login pin.

Every single access to the wallet is granted by the 6 digit security pin which works as your login password. Even if your device and security pin gets compromised, the final transactions need to make use of the master password. As mentioned earlier, you cannot lose your master password, as that ties everything together.

So instead of worrying about the security of your crypto assets, just store them on your mobile wallet (preferrable Arax) and save your master password and private keys on a USB drive (or your computer). People expect crypto security to be as simple as resetting an email password.

However, wherever money is involved, we cannot be too lenient. With time, the wallets will come up with biometric passwords (fingerprint and facial recognition), but for the time being the rule of thumb is don’t trust any random platform with your crypto and store your keys safely (locally).

Augur is now live on Arax App

Augur live in Arax

Dear Community,

Just as promised at the time of launch, we are here with another announcement for you. We are so elated to see our Arax family growing and our platform becoming more inclusive.

Arax-Your Universal Crypto Wallet has now integrated REP coins. This is especially exciting for all those users who are a part of the Augur Decentralized Oracle System.  This integration will facilitate them to keep their REP coins safely in their Arax Crypto Wallet.

About REP

REP token is used to power the Augur Decentralized Oracle System which is a decentralized prediction market platform. This is developed on the Ethereum network and you can use this market to bet on the conclusions of future occurrences to win monetary rewards. The amount of rewards is dependent on the likelihood of the occurrence of an event. The less likely an outcome, the greater the reward for its successful prediction.

Augur generates real-time predictive data based on “The Wisdom of the Crowd” from predictors on the platform. Usually, this data’s accuracy rate is greater than the leading experts.

By Integrating Blockchain technology with the prediction community, Augur serves as a platform that is cheaper with fewer fees, more accessibility, and better accuracy as compared to other markets.

About Arax

At launch, Arax supported 12 cryptocurrencies across different Blockchains. Staying true to our word, we have successfully integrated 9 new coins. We now support 21 cryptocurrencies across 7 Blockchains.

At present, Arax is supporting the below-mentioned coins:

  1. Bitcoin
  2. Stellar
  3. Ripple
  4. Litecoin
  5. Ethereum
  6. LALA Token
  7. 0X
  8. Binance
  9. Basic Attention Token
  10. OmiseGo
  11. TrueUSD
  12. Tron
  13. EOS
  14. DAI
  15. Lisk
  16. Polymath
  17. ZIL
  18. AE
  19. CVC
  20. GNT
  21. REP

Arax also offers various in-app services including mobile bill payments & recharges via cryptocurrencies. We also offer instant cryptocurrency conversions, and remittance (to be live soon). You can also send crypto with its industry-first feature “Near By” via GPS instantly. It is a single storage app for multiple digital assets that gives each user true immutable ownership.

We are making every effort to bring the best services to our users and expand our partnerships. Follow us on our social media channels for more updates. We extend our heartfelt gratitude for your undying love and support.

Best,

Team Arax

Telegramhttps://t.me/LaLaWorld

Twitterhttps://twitter.com/mylalaworld

Websitearax.io/

 

How Arax crypto wallet can be a tool for intelligent crypto investors

Arax-crypto-investor

When we talk about cryptocurrencies, we think of speed, efficiency, and peer to peer transactions. But lately, most platforms and wallets in the market do not reflect the same ideology. No one knows that better than the earliest adopters of the cryptocurrency, the investors. It is evident from the fact that every crypto investor is using two different wallets or exchanges to manage their assets and investment. And on top of that, the cryptocurrency exchanges make up a bad option for storing the assets for many reasons. Exchanges have access to your private keys. Also, they store crypto assets in hot wallets which are hard to trust due to their security vulnerabilities which have resulted in so many scams in the past.

All these factors bring us to the other option that most of the investors prefer for storing their cryptocurrencies i.e. wallets. Choosing a wallet is a hard task and the plenty of options in the market make it worse. The crucial factors that make a wallet stand out are cost, security, mobility, and convenience. The crypto wallets come with various options: hardware (physical) wallets, paper wallets, mobile wallets, etc. Each one has some trade-offs on one or two fronts among cost, security, mobility, and convenience. Also, finding one wallet that can provide you with every smart option is not easy. In search of a smart wallet, crypto investors have tried almost all the exchanges and wallets to find a platform that matches with all their needs.

Since smart investors understand the crypto market better, they have a knack for identifying a wallet for what it is worth. Above all, wallets are just tools that enable better management of crypto assets. All we expect from the crypto wallets is to store the coins safely and ease the transfer process. But, what if there is a wallet that enables you to do much more than that? A wallet that enables you to manage, access and transfer multiple coins with one master password. Also, it lets you pay your bills using crypto and keeps you updated on the latest news in the space. Meet Arax, a wallet to manage your crypto assets and a tool that does much more than expected.

Introducing Arax – Your Universal Crypto Wallet

Arax is a multi cryptocurrency wallet which supports 15+ top cryptocurrencies and can take care of all your needs as a crypto investor. It is purposefully built, keeping smart investing, portfolio management, and utility in mind. The biggest problem that many exchanges and wallets present is that they are cut off from traditional banking and fiat utility. And when investors use those wallets, they feel trapped in an isolated system. Arax is solving isolation for investors and at the same time keeping the benefits of crypto intact.

Here are some of the key aspects that will help you judge Arax better —

100+ Banks Supported

Dealing in crypto should not make people feel like they are laundering money or putting it in an unfamiliar isolated black box. In most wallets and exchanges, the integration and seamless transaction from banks is still missing. Arax will soon inherently support hundreds of banks so that you can send and receive money quickly and in real time. Also, the cryptocurrency transactions are faster than the bank transactions. So you will be able to make use of Arax wallet as an intermediary to manage your funds along with crypto. That is how this wallet manages to pull off the best of the two worlds in the land of finance and investing.

One password for multiple coins

Arax natively supports 17 different types of tokens and coins, making it one of the most versatile wallets. Imagine if you want to invest in ten different cryptocurrencies through different exchanges. Managing all of them can become pretty hard. But, Arax wallet can be your perfect tool to keep them all in one place.

Those who’ve dealt with multiple currencies and wallets know the pain of safely managing multiple private keys and passwords. A lot of people still store their keys and passwords on local computers in documents or on online drives. All those options are unsafe and require a lot of efforts. Using a master password, you will be able to ensure that all important account activity is always authorized and under your control.

Self-custody for security

Centralized exchanges are the worst when it comes to the safety of wallets. For maintaining liquidity over their platform, they keep all the crypto in hot wallets for ensuring faster buy/sell. Thus, they make use of the assets owned by individuals in transactions, just like traditional banks invest individually owned money in the public sector. The exchanges are prone to attacks and often became the cause of loss of public trust in cryptocurrency. The Arax wallet doesn’t take the possession of your master password. Users have an option to download their private keys and take complete ownership of their assets.

Convenience

The entire industry clung to dark colors, hard to understand graphs, a lot of numbers, and made crypto look like rocket science. But we don’t want complexity to hinder the process of investing, managing portfolio, and keeping track of all our assets. The fact that investors and crypto enthusiasts understand the technology doesn’t mean that the complex interfaces assist them. Arax is clean, kept in the most important features and functions, and caters to the need of new people entering the crypto too. The user interface makes it clear that this tool is for improving our experience with crypto and not for complicating it.

Bill payments and recharges

In the Arax wallet, your crypto doesn’t lie dormant and useless. You can use your cryptocurrencies to pay for your utility bills, mobile recharges and much more. These real use cases take the crypto a step closer to the experience we get on fiat wallets. Leverage the power of Arax and use your cryptocurrency to pay various bills.

Lowest exchange rates

Low transactions rate is one of the most lucrative features in cryptocurrency. Still many wallets and exchanges eat up a significant amount in the transaction fee. Arax enables the fast and seamless exchange of one cryptocurrency with another at the lowest exchange rate in the market.

Inbuilt updates on cryptocurrency

Smart investing is all about keeping an eye on the ongoings in the market, new launches, and new regulations. Arax gives you updates on the cryptocurrencies right in the wallet to help you stay informed and connected with the ecosystem.

Investing in cryptocurrency and managing them is a demanding task, but not when you use the right and smart tools. Picking up the correct wallets can be a game changer for many crypto enthusiasts and investors. Arax is still under development and the roadmap ahead is set to bring more utility payment options, more coins, and better experience.

Intelligent crypto investing starts with intelligent tools, and Arax is a complete platform for keeping up with your portfolio and managing your assets smartly. With support in 162 countries and options to send and receive money from family, friends, and associates in a simple and reliable manner, Arax stands out among all the available wallets out there. Give it a try today!

Golem is now live on Arax App

Golem live on arax

Hello Community,

We are here with another announcement in our kitty. This one will especially excite all the GNT coin holders.

We are steady on our promise of integrating new coins in our Arax App every week. This time, it is the GNT coin which is being added to the Arax family.

We have made Arax a little more Universal by facilitating our users to store, send, receive and exchange GNT coins along with 19 other cryptocurrencies.  

About GNT

GNT coin is an ERC20 Token used to avail the services of Golem. Golem is the name given to the global, decentralized supercomputer which amalgamates the computing power of every machine that is associated with its network.

The Golem ecosystem allows loaning out of the unused computer resources to those who have a requirement of additional power to perform complex computations and tasks.

If you are a provider, you can only set the renting price in GNT. The prices are set by the providers which will eventually find equilibrium since Golem is a marketplace. GNT is also required by the provider as the deposits and application registry are done with GNT.

About Arax

At launch, Arax supported 12 cryptocurrencies across different Blockchains. Staying true to our word, we have successfully integrated 8 new coins. We now support 20 cryptocurrencies across 7 Blockchains.

Arax now supports Bitcoin, Stellar, Ripple, Litecoin, Ethereum, LALA Token, 0X, Binance, Basic Attention Token, OmiseGo, TrueUSD, Tron, EOS, DAI, Lisk, Polymath, ZIL, AE, CVC, and now GNT.

Arax also offers various in-app services including mobile bill payments & recharges via cryptocurrencies. We also offer instant cryptocurrency conversions, and remittance (to be live soon). You can also send crypto with its industry-first feature “Near By” via GPS instantly. It is a single storage app for multiple digital assets that gives each user true immutable ownership.

We are making every effort to bring the best services to our users and expand our partnerships. Follow us on our social media channels for more updates. We extend our heartfelt gratitude for your undying love and support.

Best,

Team Arax

 

Telegram- https://t.me/LaLaWorld

Twitter- https://twitter.com/mylalaworld

Website- https://arax.io/

Arax- Our March Forward, #15th Monthly Roundup.

Arax march roundup

Dear Community,

The past month was a march forward in the continuous development of Arax. It was all about designing product strategies, new coin integrations, important partnerships and chalking out the top product & services that should be made available for all the Arax App users to enjoy their preferred digital assets.

The team managed to accomplish what was planned for last month and we are happy to see the results. Let us take a quick look back.

Arax Integrates New Coins & Tokens

Consistent and new coin integrations for Arax have been really important this month. The team officially delivered DAI (MakerDao Stablecoin), Lisk, Polymath, Zilliqa, and Aeternity coin integrations in the Arax Wallet successfully taking the tally to 18. Allowing all our wallet users to store, send, receive and exchange five new coins, all from a single wallet.

Arax Coin winner

Arax Partnered with CoinSwitch

Arax established a valuable partnership with CoinSwitch in March. CoinSwitch provides users the ability to convert their digital assets across leading exchanges through its intuitive user-friendly interface, offering a wide variety of cryptocurrency pairs.

This partnership will benefit Arax users a lot as we continue to integrate more coins, facilitating the mutual growth of both the platforms and strengthening Arax’s in-app exchange services. Read more

Sankalp Shangari & Token 2049

Sankalp Shangari, Founder & CEO of LALA World, attended Token2049 in HongKong. This event was all about meeting important people, discussing valuable partnerships that would help in globalizing Arax Wallet.

There Sankalp met the “Made Man” Ian Balina, a superstar crypto Youtuber, Charlie Lee, Founder Litecoin, Bitcoin Economist Saife Dean and the team of Tron who were present there with a giant avocado. Their avocado definitely managed to grab a lot of eyeballs and became a big hit among the visitors.

Token 2049

Arax Winner Announcement

The first leg winners of the Arax inaugural campaign were announced in March, where 500,000 LALA Tokens were awarded. We kept our promises as the winners were successfully rewarded those tokens in their respective Arax Wallets making them joyous.

New Arax Website Released

We successfully released an all-new Arax Website for our users and community worldwide. It is complete with all the new information, news, upcoming and current features supported in Arax with a better user interface.

Festive Colors at LALA World

The month of March also brought with it an ancient traditional festival of “Holi” which marks the triumph of good over evil, celebrated with colors. For us, these different colors symbolized the colorful digital assets out there. These decentralized currencies will eventually make most of the centralized authorities irrelevant in the time ahead.

Arax holi celebrations

Arax Announced Bug Bounty Campaign

Mid-March, our Bug Bounty Campaign went live having exciting rewards for the winners. This was an initiative to seek help from the developer community along with the users to help identify any vulnerabilities in Arax. It allowed us to work on feedbacks shared and make more global communities acquainted with the decentralized Arax wallet.

Arax wallet since its launch has been well received by the crypto fraternity. Reviews & feedbacks from the communities makes it evident that this is a good product and people globally are using it. Arax reached its 5K+ download mark this month and that speaks volumes of its growing popularity.

Arax

With the start of spring, some new partnerships and new integrations bloomed for Arax & LALA. We are hoping the season continues to germinate new opportunities of collaborations and expansions. We are doing our bit to make crypto adoption a reality with Arax – Your Universal Crypto Wallet.

Stay tuned for more updates!

Best,

Team Arax

CIVIC is now live on Arax App

CIVIC

Dear Community

The season of announcements is not over yet. Here we are with another piece of news that will definitely thrill you.

This week, we are integrating CVC in Arax Crypto Wallet, a one-stop solution for all your crypto needs. This is another step towards making Arax a truly universal crypto wallet. Now you will be able to store, send, receive, and exchange CVC along with 18 other cryptocurrencies from your Arax Crypto Wallet.

About Civic

CIVIC is a secure identity management service. It facilitates real-time utilization of an individual’s identity after its one-time authorization.

Usually, a person needs to undergo the same verification and document submission process. This is done when they are necessitated to prove their identity. CIVIC changes this system by allowing you to reuse once verified data in places where CIVIC is accepted. This is known as CIVIC ID which will be used to verify identity for the service that the individual intends to use.

CIVIC infrastructure is based on Ethereum Blockchain network. This makes its native cryptocurrency CVC an ERC-20 token. This is a valued token which is an essential part of the business model of CIVIC. It serves as a medium of exchange whenever required.

About Arax

At launch, Arax supported 12 cryptocurrencies across different Blockchains. Staying true to our word, we have successfully integrated 7 new coins. We now support 19 cryptocurrencies across 7 Blockchains.

Arax now supports Bitcoin, Stellar, Ripple, Litecoin, Ethereum, LALA Token, 0X, Binance, Basic Attention Token, OmiseGo, TrueUSD, Tron, EOS, DAI, Lisk, Polymath, ZIL AE and now CVC.

Arax also offers various in-app services including mobile bill payments & recharges via cryptocurrencies. We also offer instant cryptocurrency conversions, and remittance (to be live soon). You can also send crypto with its industry-first feature “Near By” via GPS instantly. It is a single storage app for multiple digital assets that gives each user true immutable ownership.

We are making every effort to bring the best services to our users and expand our partnerships. Follow us on our social media channels for more updates. We extend our heartfelt gratitude for your undying love and support.

Best,

Team Arax

Telegram- https://t.me/LaLaWorld

Twitter- https://twitter.com/mylalaworld

Website- https://arax.io/

Aeternity is now live on Arax

Aeternity Coin Live

Dear Community

We are not done yet with new coin integrations!

For this week, Arax- Your Universal Crypto Wallet is adding Aeternity coin to its list of supported coins. You heard it! Now you can securely store, send, receive and exchange AE tokens along with 17 other coins from one single wallet.

We stuck to our promise yet again and hopefully did not disappoint you. Let us remind you of the promise made by Team Arax to you at the time of launching Arax Crypto Wallet. We had made a vow to our community to make new additions of coins every month. Every week, we announce new coin integrations and for this week, it is AE coin.

About Aeternity

AE is gaining rapid commercial adoption since its launch. The popularity of this coin can be attributed to its advancements made on the technology front. It is leveraging and scaling the Blockchain technology of Ethereum.

Fundamentally, Aeternity is a decentralized open source digital-asset platform which operates on P2P technology. In totality, there are about 273.6 million AE tokens that are present in the crypto-verse. It utilizes the hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) & supports sidechains.

In fact, the mining of AE tokens is done from Decentralized RAM in place of GPU or CPU which facilitates decentralization.

About Arax

At launch, Arax supported 12 cryptocurrencies across different Blockchains. Staying true to our word, we have successfully integrated 6 new coins. We now support 18 cryptocurrencies across 7 Blockchains.

Arax now supports Bitcoin, Stellar, Ripple, Litecoin, Ethereum, LALA Token, 0X, Binance, Basic Attention Token, OmiseGo, TrueUSD, Tron, EOS, DAI, Lisk, Polymath, ZIL and now AE.

Arax also offers various in-app services including mobile bill payments & recharges via cryptocurrencies. We also offer instant cryptocurrency conversions, and remittance (to be live soon). You can also send crypto with its industry-first feature “Near By” via GPS instantly. It is a single storage app for multiple digital assets that gives each user true immutable ownership.

We are making every effort to bring the best services to our users and expand our partnerships. Follow us on our social media channels for more updates. We extend our heartfelt gratitude for your undying love and support.

Best,

Team Arax

Telegram- https://t.me/LaLaWorld

Twitter- https://twitter.com/mylalaworld

Website- https://arax.io/

How ‘Nearby’ feature is revolutionary for crypto wallets?

Nearby

Location-based discovery is quite popular and useful in various applications these days. There are quite a number of apps with the nearby feature that we use every day. These include Google Maps to explore near-by places and social media and messaging apps to locate nearby friends. They also include payment applications to list nearby merchants. It has proved to be revolutionary for all these platforms as it creates an open network effect. In that network, we get the ability to discover new places, people, and stores.

Now imagine if you get the same feature to discover people and stores that accept cryptocurrency around you. That’s what you can get on the Arax cryptocurrency wallet. This Nearby feature lets you discover the Arax users around you to send and receive your crypto assets. It is just like Google Pay’s Tez mode which lets you discover the nearby merchants and users who are ready to accept or send payments.

The payments space for traditional currency never worried itself about the acceptance. For them, the only barrier was adoption. However, when it comes to crypto assets, the wallet companies are figuring out adoption as well as acceptance. The nearby feature will help us discover that the acceptance of cryptocurrency has grown significantly in the past few years.
The nearby feature is revolutionary for a crypto wallet for a number of reasons.

GPS solves the hassle of wallet addresses

The process of making a cryptocurrency transaction has always been a pain. First, you need to send your wallet address (which is a lengthy key that no one can remember) to the sender using a third-party messaging app. On the other side, the person will copy and paste the address key to initiate the transaction. Soon, the introduction of QR codes that can be scanned for transferring, made it easier.

The Nearby feature simplifies the transaction process to the bone. On the Arax wallet, the sender just needs to switch the Nearby feature to “Send” and the app will list nearby wallets that are ready to receive the payment. Just enter the amounts, select the receiver from your nearby users and initiate the transaction. This brings down everything into three steps.

Redefining Peer to Peer

Everyone understand that P2P transaction is a huge plus. It is one of the defining characteristics of Cryptocurrency. Till now all we could do was make a transaction through some complicated Decentralized wallet for P2P transfer. In that setup, the users cannot perceive the importance of peer to peer transactions. With the nearby feature, the users can experience the power of peer to peer transactions in real time. The fast transfer and low transaction fee will also play a role in catalyzing the adoption.

Endless possibilities

The possibilities that nearby feature opens up for P2P transactions are endless. It can help people cut the offline payment lines by making payments at the point of sale without standing in a queue. Tipping, paying for entry charges, toll plazas are some examples of time taking offline transactions. All these transactions at the point of sale will benefit from the Nearby feature in the long run.

The Nearby feature is going to help the crypto investors and holders too. Now anyone can easily discover the adoption and acceptance of cryptocurrency around them. The instant transfer of assets by locating the nearby wallets will also add to the ease of use. Features like these are great and with time we’ll see more innovations on the features and user experience too.

The news on technological advancements has dominated the Blockchain space for too long. We know that most of the technological advancements still go under-reported, but it’s time we shift our focus. Covering the updates that only tech people understand is costing us adoption.

We are bringing up updates that are important for everyday users of online payments and wallets. Such updates will steer the probabilities towards mass adoption of cryptocurrency. With time, the adoption will move forward from the basic utility payments (for example mobile recharge). With such features, we can expect the next wave of adoption in smaller retail markets and offline shops.

Zilliqa is now live on Arax

Zilliqa

Dear Community

Arax Team has expanded its platform a little more by adding another coin in its list of supported cryptocurrencies.

We have good news for all Zilliqa (ZIL) crypto token holders! You can now store, transact and exchange your favorite ZIL coin in your Arax Crypto Wallet.

Arax managed to stay true to its promise of adding new coins and tokens to its growing list every week. This week is no different and we are bringing to you what we promised, making our Arax Wallet a little more Universal.

About Zilliqa

Zilliqa is a cryptocurrency project that aims to make blockchains faster and more scalable. It uses sharding technology to streamline the consensus process so that Ethereum and other blockchains can host distributed applications or provide rapid transaction processing successfully. Zilliqa team proposed the theory of sharding in a paper in 2015, and since then this protocol has been under research, refinement and active development. In fact, this is the first ever Blockchain platform that has executed data sharding. It has also managed to accomplish a throughput of 2828 transactions per second in its test net.

The platform is among the few projects that seem to be gaining favor from different facets in the financial services sector. The throughput scaling of Zilliqa is almost linear. It ensures the growing capacity of the Blockchain platform that accommodates the growing demand.

About Arax

At launch, Arax supported 12 cryptocurrencies across different Blockchains. We had made a vow to our community to make new additions of coins every month. Staying true to our word, we have successfully integrated 5 new coins and now support 17 cryptocurrencies across 7 Blockchains.

Arax now supports Bitcoin, Stellar, Ripple, Litecoin, Ethereum, LALA Token, 0X, Binance, Basic Attention Token, OmiseGo, TrueUSD, Tron, EOS, DAI, Lisk, Polymath and now ZIL.

Arax also offers various in-app services including mobile bill payments & recharges via cryptocurrencies. We also offer instant cryptocurrency conversions, and remittance (to be live soon). You can also send crypto with its industry-first feature “Nearby” via GPS instantly. It is a single storage app for multiple digital assets that gives each user true immutable ownership.

We are making every effort to bring the best services to our users and expand our partnerships. Follow us on our social media channels for more updates. We extend our heartfelt gratitude for your undying love and support.

Best,

Team Arax

 

How to buy LALA Token on CoinSwitch

CoinSwitch is the first mover as cryptocurrency and altcoin exchange aggregator. Several leading exchanges from across the globe are integrated with CoinSwitch that helps them provide competitive exchange rates to their users. Presently, over 400 cryptocurrencies are supported by them and they are in possession of 45000+ pairs to exchange.

CoinSwitch is now supporting LALA Token on its platform for trading. Click on the links to know more about LALA World and LALA Coin price prediction.

Below is a step by step instruction for beginners to learn how to purchase LALA Tokens.

  1. Select the preferred cryptocurrency like BTC on the left and LALA Token on the right. Enter the desired amount of LALA Tokens that you wish to exchange.
  2. Entering the amount will exhibit the current exchange rate. Now click on ‘View All Offers’ button to view the list of exchanges with the amount of LALA Tokens offered by each of them. Please note that the amount mentioned under this section will be different from the actual amount that will be transferred to you post conversion.
  3. Choose your preferred exchange or you can opt for the one recommended by CoinSwitch.
  4. Create your LALA wallet address in Arax App-Your Universal Crypto Wallet and provide the address to CoinSwitch. The LALA Tokens will be transacted to you in that wallet after order completion. Please remember to double check the entered address and don’t click the next button without reading the terms and conditions.
  5. Next, you will see the BTC address of the exchange where you will send the BTC from your wallet address.
  6. As soon as the BTC is received by the exchange, the conversion process to your LALA Token will be initiated. You can easily view and track your transaction details on our Blockchain with this link.
  7. Check your Arax Wallet to confirm the transaction completion and see your LALA Tokens. In some wallets, the received funds will be displayed after some additional confirmations. Please wait for your wallet to display the funds in such cases.

It is done! All you need to do now is enjoy the hassle-free experience of exchanging cryptocurrencies on CoinSwitch.