BuyBack & Burn Q4 2019 Outcome

by Daniel Worsley

We are pleased to announce that the first LocalCoinSwap buyback and burn was completed on Friday, December 20, 2019.

  • Amount of LCS burnt: 169,824.8061 LCS
  • Average LCS buyback price: 0.00000161 BTC / 0.01158 USD
  • Price increase during buyback: 26.32%

The buyback was completed on a 3rd party order-book exchange for reasons of transparency.

The token burn can be seen on the blockchain here: https://etherscan.io/tx/0xd1bcb924832037bbcf4a3701954cd24fd012a838d663684eb6619bb94e71ecb2

A breakdown of the buyback and burn as well as the annual revenue figures can be found in our 2019 Q4 EOY Financial Report.

We have seen strong growth in the key metrics of the LocalCoinSwap platform and we are excited to keep progressing into 2020.

Thank you for your continued support and have a great new year!

Happy Trading,
The LocalCoinSwap Team

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