LockTrip Price
LOC
How Much is 1 LockTrip (LOC)
Convert LOC to your currency
Last Updated on Dec 22, 2025 05:48 PM
What is LockTrip?
About the Coin
LockTrip is a blockchain-based travel marketplace designed to disrupt the travel industry by offering significant savings on bookings. By eliminating middlemen and their commissions, LockTrip allows users to save up to 60% on their travel expenses. The platform supports various payment methods, including credit cards, popular cryptocurrencies, and its native LOC token, which helps users bypass payment fees.
Main Features
LockTrip boasts a vast inventory, working with leading brands in the travel industry to provide first-class options for its customers. With over 2.1 million hotels and properties, as well as more than 1,000 airlines to choose from, LockTrip offers a comprehensive one-stop-shop solution for booking both hotels and flights. The platform's unique reverse-auctioning model ensures that customers always receive the lowest possible prices.
How it Works
The LOC token is central to LockTrip's business model, with the entire economy funneled through it. Each booking made on the marketplace results in 3% of the booking value being used to purchase LOC from exchanges and subsequently burn them. This automated process is transparent and verifiable on the blockchain. The deflationary model of the LOC token means that its supply is continuously shrinking with each booking and subsequent burn, a mechanism that will persist indefinitely. LockTrip operates on the Hydra chain, which combines the best features of Bitcoin, Ethereum, and Qtum chains, offering cutting-edge technology with unique economic features.
Wallet for LockTrip
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Tangem supports networks for LockTrip
- Ethereum
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LockTrip FAQ
- LockTrip is a crypto asset running on its own blockchain. It supports peer-to-peer transactions and offers features shaped by the project’s technical framework.
- LockTrip offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- Yes, both names point to the same token. LOC is just the shorthand symbol used for market and wallet displays.
- You can buy LockTrip using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- For long-term safety, move LockTrip to a hardware wallet like Tangem, which protects your keys from remote access and malware.
- Blockchain isthe technology that digital currency, cryptocurrency and Bitcoin are built on. More specifically, it's the underlying technology that constructs a decentralized digital ledger that enables exchanges between multiple parties in a secure, immutable manner. Digital currency.
How to secure LockTrip with Tangem Wallet?
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Why choose LockTrip wallet with Tangem.
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