It is no secret that the conventional and popular cryptocurrency exchanges are fraught across many lines. Challenges, such as the unreliability of their platform’s security networks and the limited scalability of trades have been the order of the day. These issues, in no small measure, contributed to the decline in the fortunes of many cryptocurrency exchanges.
It’s high time they are addressed. The earlier feasible solutions are devised, the greater the chances of cryptocurrencies/digital assets to flourish the more. Therefore, it is pleasing that DACX debuted at this time. It is one of the newer but budding cryptocurrency trading platforms you have to look out for.
WHAT’S IN IT FOR YOU?
As humans, we always want to find out why a proposal is better than what we are used to. The same plays out here. You want to know what makes the DACX exchange better than the other cryptocurrency exchanges you have been using. Indeed, DACX is better off than them and in so many ways too.
The milestone of the platform started in the third quarter of the year 2018. At the time, the founders of the DACX cryptocurrency exchange integrated the Distributed Ledger Technology (DLT) and Financial Technology (FinTech) as ways of increasing the speed and functionalities of the platform.
With the basis on the LEVEL39 Technology Accelerator, it soon launched the MVP earlier this year in January 2019. That led to the acceleration of innovation and creativity, as well as the creation of an independent environment for the inclusion of more crypto trading strategies.
CORE FEATURES OF THE DACX CRYPTO EXCHANGE
Highlighted below are some of the features and architectures that bolster the drive of the DACX exchange to become one of the leading cryptocurrency exchanges in the coming years.
We’re already familiar with the storage of cryptocurrencies and other digital assets in digital wallets. There are only a few cases when other kinds of assets are stored on such wallets. That’s the market opportunity the DACX cryptocurrency exchange aims to meet with the introduction of a Universal Wallet.
The wallet can store many kinds of assets, such as crypto assets, including Security Token Offerings (STOs), Cryptocurrencies, and Utility Tokens. It also supports traditional and real-world assets, such as Stocks, Fiat Currencies, and Precious Metals.
It’s in the light of those that the universality of the DACX digital wallet took the basis. By supporting many assets, the users can be confident of safe storage of their assets.
Virtual Debit Cards
The quest to integrate cryptocurrencies/digital assets into the real-world financial system is now taking the desired turn. The DACX cryptocurrency exchange isn’t backing the wrong horse by supporting virtual debit cards. The support implies that you can sign up for the virtual debit cards and use the same for transactions across the Internet. Also, you can convert any of the aforementioned assets (crypto an real-world assets) into the fiat equivalents for seamless transactions.
The innovative DACX cryptocurrency exchange must be cheered because the features it has in place can go the extra mile to bolster the fortunes of crypto investors. Therefore, take the cue and sign up to the platform and start trading with any asset you fancy.
ANN Thread: https://bitcointalk.org/index.php?topic=5154783.0