Do not participate in Initial Coin Offerings (ICO) or token sales directly from your LoCoins account.

The reason is because we are not a wallet service and in an ICO/token sale tokens are assigned to the address the funds were sent from.  

This means that if you are depositing into an ICO/token sale address, LoCoins Ltd. wallet will be the depositor and not your personal wallet. As such, you will NOT have control over the tokens sent to this address and we will have no way of knowing any tokens were received and no way of retrieving them.

Recovering tokens from an ICO/token sale that have been assigned to LoCoins address is not possible.

Our platform does not support the vast majority of tokens.

We strongly recommend that you participate in any ICO/token sale from a wallet to which you control the private keys.