What is LTO?
LTO Network is a hybrid blockchain with a focus on privacy-aware applications, particularly where digital assets, ownership and identity are concerned. It is also a development platform for securing, verifying, and exchanging enterprise information. It can be used by any company needing a blockchain allowing for digital verification of digital assets and enabling collaboration through the use of decentralized workflows.
LTO Network’s newest focus of Decentralized Identities and Verifiable Credentials are at its core. Through its new NFT2.0 technology, people truly own and manage their NFTs in a decentralized manner. This is not only more transparent but paves the way for inclusion and accessibility through a verifiable process that isn’t necessarily how the current structure works.
You can learn more about the LTO Network on the official Coinmetro blog here!
How to Deposit LTO Into Your Coinmetro Account
If you're depositing from another exchange, it is important to ensure they support sending funds to ETH contracts, or use a full ETH wallet as an intermediary.
Note: As Coinmetro uses smart contracts for Ethereum and ERC-20 token deposits, the amount of gas required is slightly higher than a typical transfer. To be sure that your transaction is successful, please set the transaction gas limit to 55,000 for ETH. The fee difference is minimal. If your gas limit is too low, the transaction will simply be rejected by the Ethereum network. There is no risk for loss of assets caused by a too low gas limit.
How to Withdraw LTO From Your Coinmetro Account
Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be verified via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.
Withdrawals waiting for approval can be cancelled and withdrawal status can be found by selecting the wallet on the GO! Dashboard. Approved withdrawals cannot be cancelled. If there is no Cancel button, there should be a transaction ID (TXID). This is a link to the relevant tx hash (Transaction Hash) on a blockchain explorer website.
If you are withdrawing to an external wallet such as MetaMask, please ensure that you have added LTO as a custom token on the wallet.