We're thrilled to welcome Lighter (LIT) to the CoinJar lineup. It joins the growing list of other cryptocurrencies our customers can already trade, store and send.
About Lighter
Lighter is a decentralised exchange built on Ethereum. It lets people trade crypto using blockchain-based software, with a focus on making the trading process transparent and verifiable. To do this, Lighter uses technology called zero-knowledge proofs. They verify how buy and sell orders are matched, as well as how positions are automatically closed when traders no longer have enough funds to cover their risk.
LIT is Lighter's native token, associated with the platform and its ecosystem. Lighter uses revenue from trading fees to buy back and burn LIT from the open market, permanently reducing the circulating supply.
You don't need to use Lighter's exchange or understand its underlying technology to buy and sell LIT on CoinJar. Update your app to get access to LIT on CoinJar.
How to get started
Lighter focuses on making onchain trading verifiable. Adding LIT gives you more choice to explore the areas of crypto that interest you. Simply log in on the web or open the CoinJar app, search for LIT, and start trading with access to real-time prices and market data.
Any questions? Reach out to our team via CoinJar Support.
Happy trading!
CoinJar Team
The above article is not to be read as investment, legal or tax advice and takes no account of particular personal or market circumstances; all readers should seek independent investment, legal and tax advice before investing in cryptocurrencies. This article is provided for general information and educational purposes only. No responsibility or liability is accepted for any errors of fact or omission expressed therein. CoinJar, Inc. makes no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Past performance is not a reliable indicator of future results.
